Girard Equipment has established a new all-in-one headquarters in Vero Beach, Florida, housing its expanded foundry, machine shop, assembly lines and offices. The move is presented as a way to gain efficiencies and keep prices stable amid inflation.
Tigard-based NSI, a supplier of gas and chemical delivery systems to semiconductor makers, is moving from 15,000 sq ft of buildings to a newly built 62,000 sq ft plant in Sherwood, Oregon, in 2022, described as a multiple-million-dollar investment.
DXP Enterprises completed its acquisition of Cisco Air Systems, a distributor of air compressors and related products. Financial terms were not disclosed.
Summit Carbon Solutions said it hopes to buy 51 carbon dioxide reciprocating compression packages for $113.5 million from Xebec Adsorption under a memorandum of understanding, with completion expected by the end of Q3 2023. The packages will be built at Xebec Systems USA's Colorado facility for a planned $4.5 billion carbon capture project.
Fluid blending equipment maker Fusion Fluid Equipment plans a $6.1 million, 42,000 sq ft expansion of its Whitehall, Michigan production facility, creating 35 jobs over three years.
Saica plans a second phase at its Hamilton, Ohio plant, adding two converting machines including a 4-colour Bobst flexo folder-gluer and a 2-colour Bobst rotary die-cutter. Civil works are to start in coming months, with both machines running in the second half of 2023.
Atlas Copco Gas and Process received an order from Plug Power for two nitrogen compressors and eight turboexpanders for two 15-tons-per-day hydrogen liquefaction plants in Texas, with delivery expected in Q2 2023.
LPW Group, a Wynnchurch Capital portfolio company, announced the acquisition of El Mar Ventures and its subsidiaries and Advanced Industrial Technologies. The Houston-based combined business makes specialty valves, pneumatic actuators and gears under the Ladish, Smith, AIT and Diamond Gear brands.
MHI Compressor International secured a contract to deliver compressor train equipment for Chevron Phillips Chemical's new propylene unit at its Cedar Bayou plant in Baytown, Texas. The equipment includes a steam turbine and heat pump compressor for a 500,000 tpy C3 splitter.
Fox Innovation and Technologies acquired Revak Keene Turbomachinery and Industrial Storage Services, which runs a 120,000 sq ft compressor manufacturing facility in La Porte, Texas. The acquirer will target after-sales upgrades and servicing of compressors and turbines.
The Massman Companies, a packaging machinery maker based in Villard, Minnesota, acquired New England Machinery, Inc., a privately held maker of bottling and packaging line equipment based in Bradenton, Florida. The transaction closed on 11 March 2022 and was announced on 14 March 2022.
Venture Global LNG awarded Baker Hughes a contract for the liquefaction train system of the Plaquemines LNG project in Louisiana, with deliveries expected from the first half of 2023. Separately, Venture Global signed a 20-year LNG sales deal with Shell for 2 mtpa.
Venture Global LNG awarded Baker Hughes a contract to supply a modularized liquefaction train system with 24 compression trains for the first phase of the Plaquemines LNG project in Louisiana, built in Italy.
Tuson Corporation of Vernon Hills, Illinois acquired the assets of ISPT, LLC of Story City, Iowa on March 2, 2022, creating the Tuson Manufacturing Company division. ISPT makes precision machined components for fluid power and industrial automation. Terms were not disclosed.
ProMach, a processing and packaging machinery maker, has acquired TechniBlend, a provider of engineered liquid processing systems for beverages, dairy and chemicals. The deal expands ProMach's processing technology portfolio. Financial terms were not disclosed.
LUFKIN Industries relocated the machine shop operations of its Don-Nan unit from Midland, Texas to an expanded facility in Claremore, Oklahoma, adding at least 70 full-time jobs. A ribbon cutting for the expanded facility took place on February 10, 2022.
Piovan S.p.A. completed its acquisition of IPEG, Inc. through a merger of Sewickley Capital, the owner of IPEG, into a Delaware subsidiary of Piovan. The deal was executed on the terms first announced on December 13, 2021.
Aerzen USA, a subsidiary of Aerzener Maschinenfabrik GmbH, announced the acquisition of Vooner FloGard Corporation, a vacuum pump maker headquartered in Charlotte, North Carolina with manufacturing in Greeneville.
Duplomatic Oleodinamica, controlled by AXA Private Equity, acquired the hydraulic components division of Continental Machines Inc. through its US subsidiary Continental Hydraulics. The division had a reported 2010 turnover of USD 18.4 million. The deal value was not disclosed.
Hydraulic cylinder maker Rosenboom Machine and Tool will invest $4 million over 36 months in new manufacturing capabilities at its Bowling Green, Ohio facility, adding a production line and about 70 jobs. The expansion aims to serve customers in the Eastern United States.
Plug Power acquired Joule Processing LLC, an engineered cryogenic process equipment provider, for a total consideration of up to $160 million, including $30 million upfront. The technology is to be used in hydrogen liquefaction plants.
ILSUNG HISCO signed a contract with Honeywell UOP to supply columns and pressure vessels for the VG-PLNG project in the USA, in January 2022.
Bosch Rexroth will invest $12.8 million to expand its hydraulics manufacturing campus in Fountain Inn, Greenville County, South Carolina, adding a testing facility and 60 jobs over five years, with completion expected by 2025.
Lone Star Funds agreed to buy industrial pump and valve maker SPX Flow Inc. for $3.8 billion including assumed debt, at $86.50 per share in cash. The deal was announced on December 13, 2021.
Sullair has acquired its long-time Salt Lake City distributor Compressor-Pump & Service, which sells and services compressors, blowers and pumps across a 83-county territory in Utah, Nevada, Oregon, Idaho and Wyoming. All 33 employees remain.
Plasser American will dedicate a 45,000 sq ft office building as the first phase of a $52.6 million expansion of its North American headquarters and manufacturing center in Chesapeake, Virginia, adding 98 jobs and doubling production capacity with an 82,000 sq ft plant.
EQ United, an Indiana-based logistics provider and RV components manufacturer, is consolidating its manufacturing into a new facility in Cassopolis, Michigan with a $6.2 million capital investment and up to 175 jobs. The Michigan Strategic Fund supports the project.
SBP Holdings has acquired Watts Steam Store and subsidiaries, which operates three locations in Twin Falls and Idaho Falls, Idaho and Ogden, Utah. The business will join SBP's Dakota Fluid Power platform, announced December 1, 2021.
KCM Capital Partners' Industrial Service Group completed its acquisition of Industrial Air Power, LLC, a compressed air equipment and parts distributor headquartered in Muskego, Wisconsin. Terms were not disclosed. The announcement was made on November 8, 2021.
Xebec Adsorption closed the acquisition of all outstanding shares of Colorado-based UECompression for a total consideration of $8 million, subject to holdbacks and adjustments. The deal adds a 100,000 sq. ft. US plant to expand biogas and hydrogen system production.
Fluitron, an industrial gas compression manufacturer, acquired Bethlehem Hydrogen, a maker of integrated hydrogen compression, dispensing and storage systems based in Northampton, PA, with Ara Partners sponsoring the deal; terms were not disclosed.
Valmet Oyj will supply a repeat order of an OptiConcept M board production line to Pratt Paper LLC, a subsidiary of Pratt Industries, for its new Henderson, Kentucky mill. The contract value was not disclosed.
EnPro Industries, through subsidiaries including Compressor Products Holdings Limited and Garlock GmbH, entered an agreement to sell Compressor Products International to Howden. The filing reports the agreement dated October 12, 2021.
Private equity firm Ara Partners acquired Fluitron Inc., a maker of industrial gas compression and dispensing equipment based in Ivyland, Pennsylvania, with terms undisclosed.
VME, a Tyler, Texas fabrication and engineering firm, acquired Cortex Process Equipment to add field service and aftermarket support for well-site equipment.
Hanwha Cimarron has broken ground on a $130 million factory in Opelika, Alabama, producing carbon fiber-wrapped high-pressure storage tanks. The project will create 261 new jobs, with hiring expected next spring.
Hydraquip, Inc., part of Employee Owned Holdings, acquired substantially all assets of Flint Hydraulics, a Memphis-based distributor of hydraulic pumps, motors and parts, on October 1, 2021. Flint Hydraulics will keep serving clients under its own name.
PDC Machines has signed the lease on a new 148,000 square foot plant in Lower Salford, Pennsylvania to scale up production of diaphragm gas compressors for hydrogen refuelling stations, with capacity of thousands of units per year.
Kelvion Inc. will expand its operations at Forks of the River Valley Industrial Park in Knoxville, Tennessee, with a $3.8 million project expected to create 74 jobs. Production of heat exchangers for refrigeration and data center markets will increase.
Atlas Copco Compressors opened a new 200,000-square-foot facility in Rock Hill, South Carolina to begin US assembly of Z range oil-free air compressors and support assembly, distribution and remanufacturing.
Atlas Copco Comptec opened a 63,000-square-foot expansion in Voorheesville, New York to make large integrally geared centrifugal compressors and turboexpanders, bringing the workforce to about 340.
Ingersoll Rand said on September 2, 2021 it will not take part in SPX Flow's exploration of strategic alternatives, including a sale or merger. SPX Flow earlier rejected Ingersoll's $3.59 billion buyout bid in July.
Fairbanks Morse Service, the aftermarket division of Fairbanks Morse Defense, was awarded a five-year IDIQ contract by the Military Sealift Command and US Navy for parts and maintenance repair services, announced August 31, 2021.
Chapin International will increase investment in its Mount Vernon, Rockcastle County, Kentucky operation to $13.9 million and double job creation at the facility to 200 full-time positions.
Chapin International, a maker of compressed air sprayers, plans to acquire a 496,000-square-foot facility on the South Danville Bypass in Boyle County, Kentucky, investing $8.25 million and creating 100 full-time jobs.
ioneer awarded Veolia Water Technologies a major engineering design and equipment supply contract for its Rhyolite Ridge lithium-boron project in Nevada; equipment supply is conditional on a final investment decision.
MHI Compressor International will supply four compressors and two steam turbines for Koch Fertilizer's $140 million revamp of its Fort Dodge, Iowa ammonia plant, which will add 85,000 tons per year of ammonia capacity, with deliveries in Q2 2022.
Muncie Power Products bought a former industrial building at 2500 N. Priority Way in Yorktown, Indiana, and will add 100,000 sq ft and invest over $20 million to consolidate operations there.
Inovair has added three Mazak CNC mills and three Okuma CNC lathes to its Lenexa, Kansas manufacturing campus in the past year to support on-time delivery of its blowers and compressors.
ANDRITZ was selected by Domtar to supply equipment and technical services for converting a power boiler and a recovery boiler at Domtar's Kingsport paper mill in Tennessee into a packaging facility.