Manitou Group announced plans to invest $80 million in expanding its manufacturing facilities in Madison and Yankton, South Dakota. Construction is expected to begin in July 2022, with the expansion opening in 2023.
GlobiTech, a subsidiary of GlobalWafers, will establish an additional manufacturing facility in Sherman, Texas, creating 1,500 new jobs and generating billions in capital investment. The project will be the first new silicon wafer facility in the U.S. in over two decades.
Komatsu celebrated the official opening of its new 58-acre Milwaukee campus, including a 430,000-square-foot manufacturing facility for large mining machine components and a 180,000-square-foot office building.
Kruger Packaging's Elizabethtown team produced the first sheets of corrugated paper at its soon-to-open corrugated box plant, with construction continuing toward completion. The milestone was reported on June 27, 2022.
Hugg & Hall Equipment Co. acquired Southern Material Handling Co., a Toyota forklift dealership in Tulsa, Oklahoma. The deal expands Hugg & Hall's Toyota territory to cover all of Oklahoma.
Designatronics, Inc. announced it will acquire the manufacturing facility and business segment of Grobet USA in Cheyenne, Wyoming. The transaction is expected to close by August 1, 2022.
Entegris and CMC Materials received antitrust clearance from China's State Administration for Market Regulation for Entegris' acquisition of CMC Materials. The transaction is expected to close on or about July 6, 2022.
Century Mechanical Holdings acquired Copperhead Plumbing, Heating, Cooling & Electrical, a full-service plumbing, HVAC, and electrical solutions provider based in Bridgewater, New Jersey.
The joint venture of Woolpert and RS&H was selected by the U.S. Army Corps of Engineers Norfolk District for a five-year, $240 million IDIQ contract to provide architecture and engineering services for military and other agencies.
Hanley Energy will invest $8 million to open a new facility at 44381 Russell Branch Parkway in Ashburn, Virginia, expanding its Electrical division to serve the data center market. The project will create 343 new jobs.
ICG's North American Direct Private Equity team has completed the acquisition of Seaway Plastics Engineering, a provider of injection-molded components for medical and industrial markets. Financial terms were not disclosed.
Renovare Environmental, Inc. signed a non-binding letter of intent to merge with Harp Renewables and its affiliate Harp Electric Engineering. The transaction is subject to a definitive agreement and shareholder approval.
Gainwell Engineering opened its first U.S. location in Fayette County, West Virginia, and is building a new state-of-the-art manufacturing facility. The first phase is underway and expected to be completed in 2023.
Industrial Service Solutions (ISS) acquired full ownership of Servo South, Inc., a U.S.-based electronic and electromechanical service provider specializing in CNC machinery and automated manufacturing. The acquisition expands ISS's position in the industrial automation sector.
Metal Exchange Corporation acquired Medalco Metals Inc., a U.S. distributor of light gauge aluminum rolled products. Medalco will operate as a division of MEC.
Bioventus amended its agreement to acquire CartiHeal, reducing the closing payment to $50 million and deferring $215 million into tranches, with the acquisition expected to close by end of July 2022.
A permit was issued for a $24.4 million project at Polyplex Americas' Decatur plant, part of a $90 million expansion to add a second BOPET film line and create 100 jobs.
Johnson Controls acquired Tempered Networks, a zero-trust cybersecurity provider based in Seattle, Washington, to secure building data from edge to cloud using Airwall technology.
Narrow Aisle Ltd, UK-based manufacturer of Flexi Truck intralogistics solutions, announced a significant investment in its distribution capacity across the USA, South and Central America.
MilliporeSigma opened a €59 million, 70,000 square foot expansion of its high-potent active pharmaceutical ingredients (HPAPI) facility in Verona, Wisconsin, doubling production capacity and creating 50 new jobs. The facility was officially opened on June 23, 2022.
Crusoe Energy Systems LLC acquired Easter-Owens Electric Co., a manufacturer of modular data centers and specialized electrical systems, to vertically integrate data center design and manufacturing capabilities.
Hyundai Construction Equipment Americas announced a dealership agreement with Shafer Equipment to sell and service Hyundai wheel loaders and excavators in West Virginia.
Exponential Power, Inc. acquired MaeTec Power, Inc., a provider of DC power services for telecom and broadband industries, expanding its national reach. This is Exponential Power's third acquisition in four months.
Vista Metals Georgia broke ground on a $30 million casthouse expansion project at its Adairsville, Georgia facility, including a 7th aluminum casthouse, melting furnaces, homogenizing ovens, and a new finishing facility. Expected to be fully operational in 2024.
West Pharmaceutical Services broke ground on a 37,000-square-foot expansion of its manufacturing facility in Williamsport, Pennsylvania, including a new product mixer line and production equipment.
AJ Manufacturing opened a new 55,000-square-foot fabrication and warehouse facility in Kansas City, Missouri, for commercial HVAC equipment, including HEPA filtration units and hospital operating room ceiling systems.
OneWater Marine signed a definitive agreement to acquire Ocean Bio-Chem, a supplier of marine appearance and maintenance products, for approximately $125 million in an all-cash transaction.
Bio-Techne Corporation reached an agreement to acquire Namocell, a provider of single cell sorting and dispensing platforms, to complement its Cell and Gene Therapy franchise.
Evoqua Water Technologies signed a definitive agreement to acquire Smith Engineering, a provider of custom high purity water treatment equipment, to enhance its portfolio and expand its North American service footprint.
Core Industrial Partners portfolio company Re3Dtech acquired GoProto, a provider of custom manufacturing services, to form an additive manufacturing platform focused on production parts using Industry 4.0 capabilities.
TELAIR has been selected by Kansas Modification Center and NIAR WERX to supply the main deck cargo handling loading system and floor panels for the Boeing 777-300ERCF passenger-to-freighter conversion program.
Sivers Semiconductors has completed the integration of MixComm, creating a global challenger in 5G, SATCOM and radar. The integration entails synergies of approximately SEK 10 million per year.
AZZ Inc. will contribute its AZZ Infrastructure Solutions segment to a joint venture and sell a 60% interest to Fernweh Group at an implied enterprise value of $300 million. The transaction is expected to close before end of 2022.
Select Milk Producers has acquired Mill Haven Foods, a custom blender and packager of dry dairy ingredients. The acquisition was announced on June 21, 2022.
Leonardo DRS Inc. and RADA Electronic Industries Ltd. entered into a definitive agreement to merge in an all-stock transaction. RADA shareholders will own approximately 19.5% of the combined company, which will retain the name Leonardo DRS and trade under the symbol 'DRS'.
ENPRESS LLC acquired Applied Process Equipment (A.P.E.) of Scottsdale, Arizona, a leader in commercial and industrial water filtration solutions. The acquisition adds vertical integration in water treatment for commercial and industrial applications.
Schweitzer-Mauduit International (SWM) and Neenah announced that the combined company from their pending all-stock merger of equals will be named Mativ, Inc., with expected close around July 1, 2022, subject to approvals.
ARCH Cutting Tools acquired New York State Tool, a custom-made solid round carbide tools manufacturer for aerospace and defense, based in Chadwicks, New York. Terms were not disclosed.
Invista's polymers business will invest in its Camden, South Carolina facility to transform it from carpet fiber to nylon 66 polymer production, increasing supply capacity for the merchant market. Construction begins later in 2022 and is expected to be completed in 2024.
Wilo SE officially opened its Wilo USA headquarters in Cedarburg with a 244,000-square-foot building that expands manufacturing and production, after a ribbon-cutting on June 21, 2022.
Keiding, Inc., a Milwaukee-based maker of molded pulp protective packaging, is opening a second factory at N90 W14507 Commerce Drive in Menomonee Falls, Wisconsin, creating 20 manufacturing jobs. The facility is expected to open in November 2023.
Sprinkles Donut Shop is investing $606,998 in a new 10,919-square-foot central industrial kitchen at 3453 Quincy Street in Jamestown Charter Township, Michigan. The kitchen is expected to directly create 10 new jobs and enable wholesale production.
MFP Automation Engineering, a fluid power and automation company, is investing $824,013 in a 10,000-square-foot expansion of warehousing and office space at its existing facility in Jamestown Charter Township, Michigan. The expansion is expected to create five new jobs.
Zeus announced a multi-million dollar investment to expand its catheter manufacturing capacity worldwide, with the first phase underway at its San Jose, California facility, increasing its footprint by 127% to 32,000 square feet and doubling braiding and coiling capacity.
Austal USA has been awarded a $128 million contract to design and build an auxiliary floating dry dock for the U.S. Navy. The project will be the second steel project performed on the company's new steel panel line in Mobile, Alabama.
Fincantieri Marinette Marine awarded Philadelphia Gear, a Timken company, a contract option to deliver main reduction gears for the future USS Congress (FFG-63), the second frigate in the Constellation class, with potential revenue over $150 million if all 10 frigates are built.
AstenJohnson announced the creation of AJ Nonwovens, a new division combining Eagle Nonwovens and Foss Performance Materials, and a new facility in Waco, Texas with two Dilo Needlepunch lines, to increase production capacity and serve customers in the South and Mexico.
Acoustical Sheetmetal Company (ASC) will invest $45.8 million to expand its operations with a new 250,000-square-foot building in Virginia Beach, creating 350 new jobs. The expansion is on track to be completed in early 2027.
Intech, a medical device manufacturer, broke ground on a $23.5 million, 40,000-square-foot expansion to its Athens, Alabama facility. The expansion will create 30-50 new jobs and is expected to be completed in summer 2023.
Aurubis AG broke ground on a €300 million multimetal recycling plant in Augusta, Georgia, with capacity to process 90,000 tons of complex recycling materials annually, creating over 120 jobs and expected to be operational by mid-2024.