White Cap L.P. has closed on the previously announced agreement to acquire substantially all of the assets of Tri-Boro Construction Supplies, a Pennsylvania-based concrete accessories and construction supply company with locations in Dallastown and Carlisle, PA.
Sulzer Pump Solutions Inc. announced a $5.3 million investment to expand its Easley, South Carolina manufacturing operations at 155 Ahlstrom Way to support new product lines, creating 25 new jobs.
Motion & Control Enterprises (MCE) acquired Power & Pumps, Inc., a Jacksonville, Florida distributor of pumps, drives, blowers and power transmission products serving Florida and Georgia.
Goodrich Corp., doing business as Collins Aerospace in Troy, was awarded a contract modification with a maximum value of $67,454,578 for F-16 light and heavyweight heat stacks, exercising a five-year option period.
Peckham Industries, Inc. acquired E. Tetz & Sons, Inc. and its subsidiary Tetz Asphalt LLC, an aggregate, ready-mix concrete, and hot-mix asphalt producer in Orange County, NY.
SPX Technologies, Inc. announced its acquisition of ASPEQ Heating Group, which will become part of SPX Technologies' HVAC Heating platform.
Tenneco has been selected to provide intelligent suspension and anti-vibration performance materials solutions for Rivian Automotive. Tenneco's CVSA2/Kinetic H2 semi-active suspension technology and Clevite elastomers will be featured in the Rivian R1T and R1S electric vehicles.
Montana Technologies LLC, developer of AirJoule HVAC and water harvesting technology, announced a business combination with Power & Digital Infrastructure Acquisition II Corp, a SPAC. The deal implies a pro forma enterprise value of $500 million and will result in Montana Technologies becoming publicly listed on NASDAQ.
Barnes Group Inc. announced a definitive agreement to acquire MB Aerospace, a provider of precision aero-engine components and repairs, for an enterprise value of approximately $740 million. The transaction is expected to close in Q4 2023.
Johnson Controls signed a 20-year energy partnership with Harris County Sports & Convention Corporation to make energy efficiency upgrades to NRG Park in Houston, Texas. The project is expected to generate over $54 million in savings.
Concentric was awarded a large contract for precision machined components from an existing global OEM customer in North America. The components will be used in energy-efficient medium and heavy-duty hydraulic products for off-highway applications. Annual sales are expected to be around 55 million SEK, with deliveries starting in Q2 2024.
Steel Dynamics, through its subsidiary Aluminum Dynamics, will build a new aluminum flat-rolling mill in Mississippi. The mill will have an annual capacity of 650,000 tonnes and produce aluminum sheet for beverage cans and automotive applications. SMS Group received the order to supply the mill.
Bender CCP was one of five companies awarded a multiple-award contract by the Naval Supply Systems Command Weapon Systems Support for repair of shafts for Navy surface ships, with total estimated value of $162 million through May 2028.
Avem Partners, a private equity firm, acquired Astech Engineered Products, a designer and manufacturer of aerostructure solutions, with capital support from True West Capital Partners.
KKR agreed to acquire pump and valve maker Circor in a deal worth $1.6 billion including debt, announced June 5, 2023.
Tenneco was selected to provide intelligent suspension and anti-vibration performance materials for Rivian Automotive's R1T and R1S electric vehicles.
Yanmar Compact Equipment North America and ASV held a ceremonial groundbreaking on June 2, 2023, for a new 32,000 sq ft production facility adjacent to the existing ASV building in Grand Rapids, Minnesota. The expansion will add approximately 200 jobs within five years.
Willacoochee Industrial Fabrics (WINFAB) announced the purchase of an additional MST production line for stitched erosion control blankets at its facility in Nashville, Georgia. A nonwoven needlepunch geotextile line is also being installed.
Johnson Controls entered a 20-year energy savings performance contract with Harris County Sports & Convention Corporation and NRG Park in Houston, Texas, to upgrade HVAC, BAS, lighting and other systems, expected to generate over $54 million in savings.
WL Plastics is building a USD 40 million medium-density polyethylene (MDPE) pipe plant in Lubbock, Texas.
APM Terminals Elizabeth has signed an agreement with Konecranes for 34 electric Rubber-Tired Gantry cranes, with an option for six additional cranes, as part of a modernization program at the Port of New York and New Jersey.
Alstom won a contract worth €667 million from the Southeastern Pennsylvania Transportation Authority to supply 130 low-floor electric trams for Philadelphia. The trams will be built at Alstom's plant in Hornell, New York, with an option for 30 additional trams.
Jungheinrich and Mitsubishi Logisnext Americas are expanding their existing joint venture to form Rocrich AGV Solutions, combining their AGV portfolios for the North American market. The new entity will be based in Houston, Texas.
Smart Care, a portfolio company of Wind Point Partners, acquired Richard Meek Air Conditioning, a commercial refrigeration and HVAC repair and installation company based in Wichita Falls, Texas. The acquisition expands Smart Care's presence in Texas.
Robert Bosch Tool Corporation announced a $130 million building and machinery expansion at its Lincolnton, North Carolina facility, including a 325,000 square foot facility for its cutting tool division. The project will create 233 new jobs and increase the workforce to over 1,000.
Sonepar's US subsidiary Cooper Electric announced an agreement to acquire Billows Electric Supply, a family-owned electrical distributor with 19 branches and over 285 employees in the Philadelphia, South Jersey, and Delaware metro market.
The Boeing Co. received a $200 million firm-fixed-price modification to a previously awarded contract to procure critical long lead material for F/A-18E/F aircraft production. Work is expected to be completed by June 2025.
The Chemours Company agreed to sell its Glycolic Acid business for $137 million in cash to PureTech Scientific Inc., backed by Iron Path Capital. The transaction is expected to close by Q3 2023.
Hargrove Controls & Automation retrofitted an existing 88,000-sq-ft brownfield facility in Winchester, Kentucky for Danimer Scientific to scale up bioplastics production from pilot to full manufacturing.
Wieland Metal Services acquired Lone Star Casting & Machine, a supplier of centrifugally cast and semi-finished aluminum-bronze bushing blanks and cylinder shapes, located in Kilgore, Texas. The acquisition strengthens Wieland's presence in the aerospace industry.
Steel Dynamics, Inc. announced that construction is in full swing at its greenfield recycled aluminum flat rolled mill in Columbus, Mississippi. The project has a planned capital investment of nearly $1.9 billion and an annual production capacity of approximately 650,000 tonnes. Operations are expected to begin in mid-2025, creating 700 jobs.
Manner Polymers announced a new 80,000 sq ft manufacturing facility in Mount Vernon, Illinois, to produce PVC compounds for automotive EVs and solar panels. The $54 million investment will create over 60 jobs, with production expected to commence in fall 2025.
Point Blank Enterprises, a body armor and aviation protective solutions producer, acquired Safe, Inc., a Tempe, AZ-based company specializing in pilot seating safety solutions and components for the U.S. DoD and NASA.
FLSmidth acquired Morse Rubber, an Iowa-based manufacturer of specialized heavy-duty rubber products for mineral processing, to strengthen its mill liner service offerings in North and Latin America. All 23 employees will be transferred.
LJUNGSTRÖM signed a contract with Riggs Distler & Company to provide specialized structural steelwork for the Revolution Wind and South Fork Wind offshore wind projects, with combined capacity over 800 MW. Deliveries will be made to the Ørsted offshore wind construction hub at ProvPort in Rhode Island.
Bosch will invest $130 million to expand its power tools accessory manufacturing site in Lincolnton, North Carolina, adding 400 new jobs. The expansion includes a new 325,000-square-foot building for manufacturing, logistics, and warehouse operations.
Polymer Resources completed the expansion and enhancement of its compounding facility in Rochester, N.Y., increasing overall compounding capacity by 40%. The facility was expanded from 35,000 ft² to 60,000 ft² and includes increased grinding and shredding capacity for recycling plastic waste.
Brookfield Business Partners, together with institutional partners, acquired 100% of Westinghouse Electric Company from Toshiba Corp. for approximately $4.6 billion. The acquisition closed on August 1, 2018 after CFIUS clearance.
In-Place Machining Company (IPM) acquired Western Machine Works (WMW) as part of a long-term growth strategy to expand reach and service offerings across the U.S. and Canada.
Asahi/America opened its newly constructed 59,000-square-foot fabrication facility in Paulina, Louisiana, for large-scale thermoplastic pre-fabrication. The facility operates as Asahi/America - PPI and was celebrated with a grand opening on June 1, 2023.
Pratt Industries opened its $253 million advanced corrugated box factory in Cedar Hill, Texas, on June 27, 2023. At capacity the 1.1 million square foot plant will employ 375 people.
Novelis signed a new long-term contract to supply aluminum can sheet to Coca-Cola's authorized North American bottlers via CCBSS, with supply partly from its Bay Minette, Alabama plant under construction and due to commission in 2025. The deal includes closed-loop recycling and a confidential multi-year volume.
Piasecki Aircraft Corporation acquired the former Lockheed Martin Sikorsky Heliplex facility in Coatesville, Pennsylvania, and plans to transform it into an advanced R&D center for VTOL aircraft and unmanned aerial systems. The company expects to hire 400 workers by 2028.
Milliken & Co. will begin production at its new clarifier plant in Blacksburg, South Carolina, increasing capacity for Millad NX 8000 polypropylene clarifier by over 50%. The plant is being commissioned and will launch in fall 2023.
Meridian Medical Technologies, a Kindeva Drug Delivery Company, will invest over $100 million to expand manufacturing capabilities in a newly purchased 155,000-square-foot facility in Bridgeton, Missouri, creating jobs.
Carbonxt and Kentucky Carbon Processing (KCP) finalized a legally binding joint venture agreement called 'NewCarbon' to build an activated carbon production facility in Kentucky, USA. Carbonxt will contribute $10 million over two years, and KCP will contribute Inez Power assets for an initial capacity of over 10,000 tons.
onsemi and Vitesco Technologies signed a 10-year long-term supply agreement worth $1.9bn for silicon carbide products. Vitesco will invest $250m in onsemi for new SiC equipment.
Premier Packaging, a unit of DSS, Inc., signed a three-year contract extension with an existing retail client worth a minimum of $12 million, with a fourth-year option bringing potential revenue to over $15 million.
Sulzer Pumps Solutions, a subsidiary of Swiss Sulzer Ltd, will invest $5.3 million to expand its manufacturing operations at its Easley plant on Ahlstrom Way in Pickens County, South Carolina, to add new product lines and create 25 jobs.
AD, a buying group for independent distributors, announced an intent to merge with The Baron Group, a buying group serving groundwater, well and pump distributors, with closing expected June 30, 2023. The combined members have almost 100 locations across the US and Canada.