The Raymond Corporation acquired all of the stock of Werres Corporation, effective August 1, 2016. Keith Burlingame was appointed President of Werres Corporation.
Paragonix Technologies entered into an exclusive distribution agreement with Pacific West Medical Sales to market its SherpaPak Cardiac and Kidney Transport Systems in greater Southern California.
The U.S. Naval Air Warfare Center Weapons Division awarded contracts collectively worth up to $9.8 million to Laguna Components, LC Engineers, and Pacific IC Source to provide high-reliability electronics parts for airborne weapons development over five years.
GKN Aerospace has gained contract extensions from Spirit AeroSystems for the supply of titanium machined parts for Boeing 737 and 777 aircraft, worth over $70 million. Fabrication will continue at GKN's facility in Wellington, USA.
NOW Inc.'s DistributionNOW entered a distributorship agreement with Schlumberger for the exclusive right to distribute Reda HPS pumps and related parts in 15 US states. Schlumberger will provide technical support.
NOW Inc.'s U.S. subsidiary DistributionNOW signed an OEM valve automation packaging agreement with Rotork Controls for flow control products. It extends an existing Canadian distribution agreement to domestic and international projects.
Sonoco has acquired Plastic Packaging Inc., a privately held Hickory, North Carolina flexible packaging maker with about $42 million in expected 2016 sales and roughly 170 employees. The deal adds short-run flexible packaging capabilities in the southeast US.
Pratt & Whitney Military Engines has been awarded a $167.5 million advance acquisition contract for long lead components for F135-PW-100 and F135-PW-600 propulsion systems for the US Air Force, Navy, Marine Corps, and international partners.
D-M Tool and Fabrication is investing USD $1.8 million to add 22,000 square feet to its Sterling Heights, Michigan facility. The expansion will create 30 new jobs and take 8-10 months to complete.
King's Metal Fiber Technologies (擎邦) has been awarded a contract by Formosa Plastics Corporation Texas for steel structure manufacturing and equipment installation at its US plant, with a total contract value of approximately NT$1.5 billion (about US$47 million).
5N Plus Inc. is advancing gallium arsenide (GaAs) production and facility expansion plans at St. George, Utah, to support growing demand across defence, space solar, medical imaging and industrial sensing applications.
Lintec USA Holding, Inc., a subsidiary of Lintec Corporation, has entered into a definitive agreement to acquire Vacuum Depositing, Inc., a roll-to-roll metallizer based in Louisville, Kentucky.
Service Center Metals (SCM) is expanding its operations to include melting and shaping 6000-series billets at its Prince George, Virginia facility, to compete with imported billets. The company already operates two extrusion presses with a combined capacity of 100 million pounds.
Nelson Global Products and Tube Specialties combined their on-highway operations into one organization under the Nelson Global brand, with manufacturing facilities in Troutdale, Oregon; Statesville, North Carolina; Saltillo, Mexico; and Monterrey, Mexico.
TVH has selected TGW Logistics to install a STINGRAY shuttle and Goods-to-Person solution at its fulfillment center in Olathe, Kansas, with an order value of US$8.7 million.
Emerson Electric Co. announced it will acquire the blending & transfer systems business of FMC Technologies. Terms were not disclosed. The business will join Emerson's Automation Solutions flow solutions segment.
Yokogawa Electric Corporation completed the acquisition of Soteica Visual Mesa (SVM), a leading energy management technology provider, as a wholly-owned subsidiary. SVM will be integrated into KBC Advanced Technologies.
Whitmore Manufacturing Company began a $20 million, 120,000-square-foot expansion of its headquarters and manufacturing facility in Rockwall, Texas, and chose Rockwell Automation to automate the lubricant-making process.
Berlin Packaging opened a new integrated warehouse and assembly facility of nearly 300,000 square feet at 2300 Sweeney Drive in Clinton, Pennsylvania, tripling its Pittsburgh operations. Qorpak is already operating from the site, and Dangerous Goods is expected to move in by mid-2017.
Dominion Packaging will invest $25.1 million to expand its operation in Henrico County, Virginia, to support a new contract with Anheuser-Busch, creating 60 new jobs. Virginia competed against Pennsylvania for the project, and the announcement was made by Governor McAuliffe.
ELSA LLC announced a $111 million multi-phase expansion of its automotive parts production in Elwood, Indiana, to support growth at the Subaru of Indiana Automotive plant in Lafayette.
Rockwell Collins awarded a contract to Systron Donner Inertial for the SDI300 aviation-grade inertial measurement unit for the Boeing 777X Integrated Flight Control Electronics fly-by-wire system.
American Axle Manufacturing announced it is acquiring engine part maker Metaldyne Performance Group for $1.6 billion, plus assumption of $1.7 billion in debt, making the effective price $3.3 billion. The deal aims to diversify AAM's customer base and reduce dependence on GM.
Barry Callebaut announced a $20 million expansion at its American Canyon, California factory to add liquid chocolate and compound production capacity, tank capacity and molding infrastructure. The project is expected to be completed by mid-2017 and will create additional jobs.
Tier 1 Engineering delivered the world's first manned electric helicopter flight in southern California, reaching 120 meters altitude for five minutes.
ESCO Technologies Inc. acquired Mayday Manufacturing Co. and Hi-Tech Metals, Inc., aerospace suppliers operating in Denton, Texas. The business has annualized sales of approximately $40 million.
Arconic announced a $1 billion multi-year contract with Airbus to supply sheet plate for all Airbus planes, including material from its new thick plate stretcher at Davenport Works in Riverdale, Iowa.
Freudenberg Texbond announced a more than $25 million investment to renovate its Macon facility and add a new manufacturing line for roofing products made from recycled plastic bottles.
Azelis Americas merged its GMZ and EW Kaufmann regional businesses for the coatings, adhesives, sealants and elastomers (CASE) segment into one organization under the GMZ name.
Huron Capital's portfolio company Sock & Accessory Brands Global (SABG) acquired Twin City Knitting Company, a designer and manufacturer of performance athletic socks based in Conover, North Carolina.
Norafin Americas, a unit of the German Norafin Group, will establish its first U.S. manufacturing facility in Mills River, Henderson County, North Carolina. The $16 million plant will create 46 jobs over three years.
AAI Corporation, doing business as Textron Systems, was awarded a $14,109,959 contract by the U.S. Army Contracting Command-Redstone for common airframe structural components. The award date was November 7, 2016.
Perceptron was selected by a leading North American automotive manufacturer for a large vehicle program involving four manufacturing plants with over fifteen gauging stations each. Installations start January 2017.
North American Stainless is undertaking a second expansion of its steel making and rolling mill in Ghent, Kentucky. JASO Industrial Cranes is supplying 5 special cranes and 9 hoists for the project.
Sun Hydraulics agreed to acquire the Power Controls and Vehicle Technologies business lines of Enovation Controls, LLC for an initial $200M plus up to $50M earn-out, expected to close within 30 days.
Rea Magnet Wire Company and Magnekon, a division of Viakable, announced their intent to form a joint venture named Rea Magnekon to serve magnet wire customers in North America. Rea will own majority interest, and the JV will be headquartered in Fort Wayne, Indiana.
Logan Corporation opened a new 137,000 square-foot manufacturing plant in Salyersville, Kentucky, five times larger than its previous facility. The company manufactures high-end dump truck beds and expects to grow from 50 to 100 employees by January 2018.
Fluid Chillers, Inc. will invest $1.4 million in a vacant building in Lansing to expand its offices, engineering and assembling departments. The expansion will create 15 jobs.
Augury will provide its IoT-based equipment monitoring technology to LBA's clients. The HVAC firm will use Augury's Auguscope to monitor pumps, fans, chillers and other equipment.
Teijin Ltd. announced it will invest $600 million to build a carbon fiber plant on a 440-acre site in Greenwood County, South Carolina, creating 220 new jobs. The facility will produce carbon fiber for the automotive and aerospace industries.
Danaher Corporation completed its acquisition of Cepheid, with Cepheid becoming an indirect wholly owned subsidiary of Danaher. Each share of Cepheid common stock was converted into the right to receive $53.00 per share in cash.
Leyard Optoelectronic's unit Planar Systems will acquire U.S. technology company Naturalpoint Inc. The deal value is not disclosed.
British chemical company Revolymer PLC acquired Itaconix Corporation for $7 million. Itaconix produces bio-based polymer products for home, personal care, and industrial markets.
Lotus Bakeries announced plans to expand with a $50 million facility in the Triad region of North Carolina. The facility will be built by Samet Corp.
Presto Lifts announced its acquisition of ECOA Industrial Lift Products of Hialeah, FL. The deal expands Presto Lifts' product range to include heavier capacity and custom-designed lifting equipment.
On June 8, 2018, JR Automation, a provider of intelligent automated manufacturing solutions, acquired Esys Automation, an engineering and manufacturing systems integration firm in Auburn Hills, MI. The acquisition expanded JR Automation's workforce to over 2,000 people across 23 facilities.
S&K Aerospace has won a potential 15-year, $4.2 billion IDIQ contract from the US Air Force to provide logistics, maintenance and technical support for foreign military sales customers under the Parts and Repair Ordering System V program.
SAIC has been awarded a contract by the US Navy to manufacture afterbody/tailcone sections for MK 48 Mod 7 torpedoes, in partnership with Lockheed Martin. The contract is valued at over $383 million if all options are exercised.
Boston Scientific acquired the LumenR Tissue Retractor System from LumenR LLC, a privately held company based in Newark, California. The system is in development for endoscopic resection of gastrointestinal lesions.
Mercury Systems announced a definitive agreement to acquire CES Creative Electronic Systems for about $38 million in cash, adding mission computing and small-form-factor embedded computing capabilities. The acquisition is expected to close before the end of 2016.