Blue Sage Capital has acquired Magnum Systems, a designer and manufacturer of equipment for handling and packaging dry bulk materials, from Gen Cap America.
Packaging Corp. of America agreed to buy substantially all assets of Columbus Container, Inc. for a cash price of $100 million. The deal includes a corrugated plant in Columbus, Indiana and five warehousing facilities in Indiana and Illinois.
Asbury Carbons purchased the Lubricants and Coatings business from Superior Graphite, effective October 11, 2016, including products under trade names Slip Plate, Sure Coat, Seed SLIK, and Bottom Line.
Konecranes Plc announced it received CFIUS approval for its proposed stock purchase of the Material Handling and Port Solutions business of Terex Corporation for approximately US$1.3 billion.
WestRock announced in October 2016 a $48 million expansion of its Sioux City, Iowa corrugated box operations, consolidating two plants into an 82,000 square foot addition at the Bridgeport Drive plant with new automated equipment.
Ducommun Incorporated received a multimillion-dollar contract from UTC Aerospace Systems to manufacture complex electronic assemblies for an upgrade to the braking system of a major commercial aircraft program. Production is taking place at Ducommun's operations in Appleton, Wis., Huntsville, Ark., and Joplin, Mo.
Komatsu America Corp. purchased four branches of Road Machinery, LLC in El Paso, Texas; Carlsbad, N.M.; Albuquerque, N.M.; and Farmington, N.M. The deal closed on October 5, 2016, and the branches will operate under the Komatsu Southwest banner.
JBT Corp. agreed to buy Tipper Tie, Inc. from Dover Corp. for $160 million before post-closing adjustments, with closing expected in the fourth quarter of 2016.
The 829MW Liberty combined-cycle power plant in Bradford County, Pennsylvania, developed by Panda Power Funds, commenced operations in October 2016. The project created over 500 jobs.
In October 2016, Metal Shark installed a new 150' x 80' building for final assembly at its Franklin, Louisiana shipyard, as part of ongoing expansions.
Rockwell Automation, Inc. acquired MAVERICK Technologies, a systems integrator with 21 U.S. locations and over 300 engineers, to expand process control and information solutions.
Wittmann Battenfeld Inc. opened a new 50,000-square-foot plant at its Torrington, Connecticut headquarters, enabling it to double US production of robots to about 1,000 per year. The new facility includes a paint booth, machining center, welding booth, and a new robot assembly line.
Calgon Carbon Corporation was awarded up to $15.4 million from the U.S. Government under the Defense Production Act Title III Program to construct a manufacturing facility at its Pearl River plant in Bay St. Louis, Mississippi. The award became effective September 21, 2016, construction is expected to begin in January 2018, and the new capability is expected to be operational by March 2019.
Constellium N.V. and UACJ Corporation celebrated the official opening of their new 225,000 sq ft manufacturing plant in Bowling Green, Kentucky, which will supply 100,000 tonnes of aluminum automotive body sheet annually to the North American automotive industry.
Directa Dental Group, a global manufacturer of dental consumables, acquired Parkell Inc., a US-based manufacturer of dental materials and electronics.
Crown Equipment Corp. opened a new facility near Los Angeles to meet growing customer demand, offering forklifts, warehouse design services and fleet management systems.
PS Logistics acquired the logistics division of Mizar Motors and formed a partnership with Heidtman Steel, rebranding as HS Express LLC.
Renesas Electronics Corporation announced a definitive agreement to acquire Intersil Corporation for approximately US$3.22 billion. The acquisition is expected to close in the first half of 2017, subject to regulatory approvals including CFIUS.
Trelleborg Sealing Solutions has finalised the acquisition of privately owned US distributor Anderson Seal LLC, which distributes seals, gaskets and custom-moulded products. The deal was reported on 2016-09-13.
Sika Corp. has acquired FRC Industries to gain greater depth in concrete fibers.
Johnson Controls and Tyco International completed their combination on September 2, 2016, forming Johnson Controls International plc. The transaction was valued at US$11.3 billion and received CFIUS approval.
Sandler AG set up a new manufacturing site in Perry, Georgia, USA and took the first production line into operation in autumn 2016, producing nonwovens for hygiene and technical applications.
Ivey Mechanical fully acquired Trinity Contractors of Trussville, Alabama, in September 2016. The acquisition was announced in July 2017.
Safran Landing Systems broke ground in fall 2016 on a $100 million-plus expansion at its Walton, Kentucky plant, which manufactures aircraft carbon brakes. The expansion aims to meet rising demand in North America.
Frank Door Company was awarded a contract worth $700,000 to manufacture 300 double refrigeration doors for 50 new Lidl supermarket stores in the Eastern US. The original $500,000 order for 30 stores was increased.
Honeywell completed its acquisition of Intelligrated, a leader in supply chain and warehouse automation technologies, for $1.5 billion. Intelligrated's automated material handling solutions will pair with Honeywell's data capture and workflow performance technology.
Zhongwang USA LLC, a subsidiary of China-based Zhongwang International Group, agreed to acquire Aleris Corporation for approximately $2.33 billion, pending CFIUS clearance.
Eckhart, a portfolio company of LFM Capital, has acquired Auto Craft Tool & Die and 3 D Sales, providers of industrial material handling systems and tooling.
HeidelbergCement has agreed to sell its plant in Martinsburg, West Virginia, and eight terminals to Cementos Argos for US$660 million. The deal is subject to regulatory approval.
Logan Gayl, Inc., owned by shareholders of OneRain Inc., acquired High Sierra Electronics, Inc., a provider of environmental monitoring and instrumentation. The acquisition combines OneRain's software with High Sierra's hardware for the hydrology market.
Water Resource Management was acquired by Remington & Vernick Engineers effective August 2016, with founders John Meier and Charles Stevenson selling the business.
Ball Corporation's 92,440 sq ft addition to its Canton, Ohio food and household packaging plant, housing a new can printing line, was built by Campbell Construction and completed in August 2016 for $32 million.
Ingersoll Rand, through its subsidiary Trane, agreed to acquire CALMAC, a US manufacturer of thermal energy storage products. The deal was initiated by a phone call in late July 2016.
Material handling parts distributor Motion Industries acquired OBBCO Safety & Supply, a Mid-Atlantic industrial safety distributor.
Terumo Corporation, through its subsidiary MicroVention, completed the acquisition of Sequent Medical, a medical device firm based in Aliso Viejo, CA, for $280 million upfront plus up to $100 million in milestone payments. Sequent developed the WEB Aneurysm Embolization System.
CSX, the state of North Carolina and the Carolinas Gateway Partnership announced the Carolina Connector, a $270M+ intermodal rail terminal in Rocky Mount, North Carolina, expected to create 300 long-term jobs and begin operations in late 2019.
Landmark Ceramics, part of Gruppo Concorde of Italy, began initial production at its North American headquarters in Mt. Pleasant, Tennessee on June 30, 2016. The plant employs 130 and will add 40 more with a third shift in 2017.
TC Transcontinental acquired Robbie Manufacturing, a flexible packaging supplier in Lenexa, Kansas with over 175 employees, announced on June 30, 2016. Deal value was not disclosed.
Bluff Manufacturing was acquired by a holding company in a financing deal with no change in management.
Rondo-Pak opened a new plant in Camden, N.J., combining its North American headquarters with Contemporary Graphics' assets. The facility has been operating since summer 2016.
China Jushi signed a project to build an 80,000-ton fiberglass production line in South Carolina, USA, with an investment of $300 million. Construction is planned to start by end of 2016, with production expected in 2018.
Capstone Nutrition closed its Spring Hill, Tennessee facility to consolidate into its Utah facility, laying off 125 workers.
Arkema completed the first phase of a $16 million expansion at its St. Charles Plant in Hahnville, Louisiana, adding 12 tanks. The project plans to build 22 tanks by 2019.
Puffer-Sweiven held a grand opening for its new 140,000 sq ft Houston Service Center, focused on repair and assembly of valves and rotating equipment for process industries along the Houston Ship Channel.
ROCKFON, a subsidiary of ROCKWOOL International, broke ground on its first North American acoustic ceiling panel manufacturing facility in Marshall County, Mississippi. The $40 million facility will create 90 jobs and is expected to commence production mid-2017.
Big 3 Precision Products, a portfolio company of TVV Capital, has acquired Sur-Form Corporation, a provider of material handling parts and systems.
Hoist Liftruck moved its forklift manufacturing operation from Illinois to East Chicago, Indiana, after purchasing and renovating an abandoned industrial site. The relocation was celebrated at a ribbon cutting and open house in March.
Anheuser-Busch broke ground in March 2016 on a $175 million expansion of its Metal Container Corporation plant in Jacksonville, Florida, to make 16 oz aluminum bottles, with Haskell and Benham building it and 75 new jobs promised.
Hillenbrand Inc. agreed to acquire Carnegie, Pennsylvania-based Red Valve Co. Inc. for USD 131.9 million, pending final approval. Red Valve makes valves for wastewater environments.
Rondo-Pak invested $30 million in its business in 2016, according to the article. The investment accompanied its joint venture and new Camden plant.