Frontenac Company has completed the sale of H-E Parts International LLC, a leading independent global provider of aftermarket parts for mining, heavy construction and energy sectors, to Hitachi Construction Machinery Co., Ltd. Terms were not disclosed.
ES FiberVisions announced an expansion of bicomponent manufacturing at the FiberVisions facility in Covington, Georgia, USA, with expected completion by end of 2017.
TDK Corporation agreed to acquire all outstanding shares of InvenSense for $13.00 per share, totaling $1.3 billion, to strengthen its sensor and actuator product portfolio for IoT, automotive and ICT markets.
Fluor Corp. has been awarded an engineering, procurement, construction and construction management contract by Novo Nordisk for its new $2 billion diabetes active pharmaceutical ingredient manufacturing facility in Clayton, North Carolina.
Menarini-Silicon Biosystems has signed an agreement to purchase all assets and business related to the Cellsearch circulating tumor cell system from Janssen Diagnostics for an undisclosed amount. The deal includes a CLIA-certified laboratory in Huntingdon Valley, Pennsylvania.
Steel Dynamics Inc. produced the first coated coil at its new double-coat continuous coil coating line in its Mississippi facility, supplied by Danieli's subsidiary Fata Hunter.
AECOM and EnergySolutions, through their joint venture SONGS Decommissioning Solutions, were selected as decommissioning general contractor for the San Onofre Nuclear Generating Station by Southern California Edison. The project is expected to create about 600 jobs over 10 years.
The Silverfern Group, in partnership with Arroyo Energy Investment Partners, completed the acquisition of Broad River Power Holdings, an 878MW dual-fuel gas turbine electric power plant in Gaffney, South Carolina.
GKN Driveline will invest nearly $179 million over five years to expand manufacturing facilities in Alamance, Catawba, Lee and Person counties in North Carolina, creating 302 jobs to support growing All-Wheel-Drive and eDrive business.
Medical device manufacturer Stryker Corp. will invest $130 million to build a 435,000-square-foot R&D campus in Portage, Michigan, for its Stryker Instruments division. The project is expected to create 105 jobs over three years, with groundbreaking in late spring 2017 and completion by end of 2019.
New-Indy JV Corp., a joint venture of the Kraft Group and Schwarz Partners, acquired triPAQ, which makes custom corrugated packaging at plants in Cerritos, Santa Ana and Mexicali. 555 Capital Advisors was the exclusive financial advisor on the deal.
Ingredion Incorporated agreed to acquire all outstanding shares of privately held U.S. texture systems maker TIC Gums for $400 million, announced December 20, 2016.
Gardner Denver is building a 27,000-square-foot addition to its Princeton facility to add production cells and warehousing, with completion expected by the end of March 2017. It is the first new US building the company has added in 18 years.
Ingalls Shipbuilding was awarded a $1.46 billion contract modification to build the final San Antonio-class amphibious warship, USS Fort Lauderdale (LPD-28), with delivery anticipated in 2021.
Mexico's Vitro has agreed to acquire the automotive OEM glass business of Pittsburgh Glass Works from LKQ Corporation for about $310 million. The transaction is expected to close in Q1 2017.
O'Neal Industries announced the merger and operations integration of four affiliates—Aerodyne Alloys, Plus Ten Stainless, United Performance Metals, and Vulcanium Metals Intl.—to form United Performance Metals, a metals service center based in Cincinnati.
Aircraft repair specialists Marana Aerospace Solutions and Ascent Aviation Services confirmed plans to merge, forming a new MRO entity for widebody and narrowbody jets in North America.
Carrier Process Equipment Group, Inc. acquired the Renneburg Thermal Processing Division of Heyl & Patterson, adding rotary dryers, calciners, and coolers to its bulk processing capabilities.
Ameresco entered into a $53.1 million energy savings performance contract with the U.S. Federal Bureau of Prisons to implement energy and water conservation measures at FCC Butner in North Carolina. The project includes HVAC upgrades, LED lighting, and a 3.1 MW solar PV system.
Carestream Health won a potential 10-year, $570.9 million IDIQ contract from the Defense Logistics Agency for radiology systems, accessories and training services for U.S. military branches and federal agencies.
Waukesha-based Spring City Aviation has acquired Milwaukee-based Gran Aire Inc., roughly doubling its size. The transaction closed on December 16, 2016, and terms were not disclosed.
Eli Lilly acquired a manufacturing facility in Pleasant Prairie, Wisconsin from Nexus Pharmaceuticals in 2024 and announced a $3 billion expansion to extend its global parenteral product manufacturing network. The expansion will add 750 jobs and bring total investment to $4 billion.
Ohio Transmission Corporation, an industrial equipment distributor based in Columbus, Ohio, acquired C & C Industrial Sales (Gallatin, Tennessee) and Midway Industrial Supply (Minneapolis, Minnesota). Both become divisions of OTP Industrial Solutions, which sells spray finishing, sealant, adhesive, automation and fluid power systems.
Ineos Olefins & Polymers acquired WL Plastics, one of the largest HDPE pipe manufacturers in North America, with production facilities in five US states and a new facility under construction in Georgia.
Bell Boeing Joint Program Office received two contract modifications worth up to $411.9 million combined to repair various parts of the U.S. Navy's V-22 Osprey tiltrotor aircraft.
Basell has signed a stock purchase agreement to acquire Solvay Engineered Polymers (SEP), a supplier of polypropylene compounds, from Solvay. The transaction is subject to regulatory approval and expected to close in early 2008.
HDT Global has acquired the DRS Environmental Systems business and assets. No financial details were disclosed.
Agilent Technologies opened a $14.7 million technology center in Folsom, California, expanding chromatography consumables and hardware capabilities. The 53,000 square-foot site includes lab, order fulfillment and warehousing space, and will house 60 additional staff.
Anaren Inc. announced that its subsidiary Unicircuit has been selected by Lockheed Martin to receive orders in excess of $40 million for microwave assemblies supporting the Long Range Discrimination Radar (LRDR) system. Work will be completed by Q4 2018.
Fabco-Air Inc. of Gainesville, Florida acquired the Humphrey stainless steel disposable cylinder product line, including the volume chamber line and cylinder accessories, in a transaction completed December 16, 2016.
Clearwater Paper acquired Manchester Industries, a paperboard sales, sheeting and distribution supplier with five facilities in the US, from PaperWorks Industries for $68.25 million in cash. The deal was announced on 16 December 2016.
The U.S. Air Force awarded a one-year bridge contract to StandardAero to perform Rolls-Royce T56 engine module and engine maintenance. Work will be performed at Port San Antonio, Texas and Winnipeg, Canada.
North Shore Steel acquired the equipment assets of Houston Blow Pipe, including four press brakes and plate rolling machines, adding the largest press brake capacity in the Gulf Coast region.
Canatal Steel USA, a subsidiary of Canatal Industries, will invest $1.5 million to expand its steel fabrication operation in Botetourt County, Virginia, creating 38 new jobs.
SWM has signed a definitive agreement to acquire Conwed Plastics, a producer of resin-based netting solutions, for $295 million in cash, expected to close in Q1 2017.
Sleeve Seal and G.C. Evans Sales & Manufacturing completed a move to a newly upgraded, larger facility in Little Rock, Arkansas, representing a $6 million investment and creating 43 new jobs. The facility will accommodate larger projects and add two printing lines.
Magnum Venus Products (MVP) announced it will build a $12 million, 80,000-square-foot plant in the Hardin Business Park in Hardin Valley, Knoxville, creating about 70 jobs over five years. Occupancy is planned for the second half of 2017.
Siemens received an order from Macquarie Infrastructure Corporation to supply two Industrial Trent 60 gas turbines and generators for the Bayonne Energy Center, which supplies power to New York City. The order also extends Siemens' long-term service contract.
The Kaiser Aluminum plant in Sherman, Texas, recently completed a $25 million expansion, adding a 55,000-square-foot building, $17 million in new equipment, and 10 new full-time jobs.
SWM (Schweitzer-Mauduit International Inc.) has signed a definitive agreement to acquire Conwed Plastics LLC, a producer of resin-based netting solutions, for $295 million in cash. The transaction is expected to close in Q1 2017.
Siemens Healthineers announced a $300 million investment over four years to expand its laboratory diagnostics manufacturing and R&D facility in Walpole, Massachusetts, adding 400 to 700 jobs.
Novatech Group, a Quebec-based manufacturer of door glass, steel doors, and patio doors, will invest $3 million to establish its first U.S. manufacturing operation in Henry County, Virginia. The company will lease a 100,000-square-foot facility and create 50 new jobs.
Pharma Tech Industries has introduced a new high-speed bottling line at its Union, Missouri facility, following a 55,000 sq-ft expansion that brought the facility to 155,000 sq-ft. The line includes equipment from PneumaticScaleAngelus and is capable of filling speeds up to 300 bottles per minute.
Lenzing AG announced a $293 million investment to expand its Alabama fibers plant in Axis, Alabama, adding a second Lyocell manufacturing facility. The expansion will create 163 new jobs and more than double Tencel production capacity to 140,000 tons annually, with the new facility expected to begin production in 2019.
Goodyear is consolidating its two U.S. mold facilities into one and will close its Tall Timbers mold plant in Findlay, Ohio.
Arconic plans a $190 million expansion of its aluminum works in Riverdale, Iowa, including installation of a thick plate stretcher to enhance performance of thick aluminum and aluminum-lithium plate.
Arconic plans a $750 million expansion of its aluminum micromill in Elmendorf, Texas, to manufacture advanced aluminum sheet for automotive, industrial and packaging applications. The project is expected to start in summer 2017 and be complete by end of 2018.
Wacker Chemie AG will build a new production plant for its HDK brand of pyrogenic silica at its existing Charleston, Tennessee site, investing $150 million and creating 50 new jobs.
MM Technics, a subsidiary of Muhr Metalltechnik, will construct a $12.6 million metal stamping facility in Newberry County, South Carolina, creating 65 jobs.
Overton Industries is requesting a $210,000 tax break for a $1.6 million investment to expand its Franklin, Indiana facility by 12,000 square feet and add equipment, creating 10 jobs.