US thermal laminates distributor Nobelus acquired the film division of McKinleys Group, announced on 1 February 2024.
Mauser Packaging Solutions completed the acquisition of substantially all assets of Consolidated Container Company, a maker and reconditioner of industrial containers, on February 1, 2024, for $56 million in cash. The target has facilities in Minneapolis, Minnesota and Kansas City, Kansas.
Saica Group is reportedly planning a $130 million corrugated box facility in Anderson, Indiana, for which it has asked the Anderson Plan Commission to use 39 acres. The plant would initially employ 60 people and would be Saica's second US facility.
ITT Inc. signed a three-year agreement to supply API-610 centrifugal pump systems, aftermarket parts and engineered services to ExxonMobil, primarily in North America. The deal has a $50 million minimum commitment and up to $80 million potential value, the largest single contract ever for Goulds Pumps.
Lockheed Martin received a $150.56 million contract modification to modify six MH-60R aircraft to a unique configuration for Norway, including non-recurring engineering, production spares, and support services.
BQE Water Inc. completed the commissioning phase and transitioned to the operating phase of a water treatment plant at a base metal mine in Southwestern USA. The plant uses BQE Water's Selen-IX process to remove selenium and dissolved metals, and is expected to treat up to 4,500 gallons of water per minute.
Werk-Brau, a manufacturer of heavy construction equipment attachments, obtained a building permit for a $4 million, 26,000-square-foot expansion to its Fostoria Avenue plant in Findlay, Ohio. The addition is expected to be completed by September 2024 and will not add jobs.
Manitowoc Tool & Machining acquired MVI Machine Company of Kaukauna, Wisconsin. MVI produces parts for mining, power generation, defense, aerospace and oil/gas industries.
Blackford Capital, a private equity firm, has acquired Data Science Automation, an automation engineering services and training firm based in Pittsburgh and Cleveland, as an add-on to its PACIV platform.
Evonik is investing a mid-double-digit million euro amount to expand precipitated silica production at its Charleston, USA site by 50%, with operations starting in early 2026.
Phoenix-based Sunstate Equipment Co. LLC signed an agreement to purchase the assets and operations of Trench Shore Rentals and Trebor Shoring Rentals in Arizona, California and Texas, with an anticipated close in early 2024.
Grinding machine supplier Koyo Machinery USA will be integrated into JTEKT Machinery Americas, combining product lines and customer support. Koyo's operations will relocate from Plymouth, Mich., to JTEKT's Wixom, Mich., center.
Qorvo announced a definitive agreement to acquire Anokiwave, a supplier of silicon ICs for active array antennas for defense, SATCOM and 5G applications. The transaction is expected to close during the March quarter of 2024.
Atlanta Fork Lifts Inc. acquired McGee Storage and Handling, a provider of racking and storage solutions in the material handling industry. The acquisition strengthens Atlanta Fork Lifts' position as a fully integrated material handling solutions provider.
Hiab received a EUR 12 million order from a national US building supply chain for HIAB loader cranes and MOFFETT truck mounted forklifts. Deliveries are scheduled throughout H1 2024.
Hiab, part of Cargotec, received a EUR 23.8 million order from a national US home improvement chain for MOFFETT truck mounted forklifts, and a separate EUR 12 million order from a national building supply chain for HIAB loader cranes and MOFFETTs. Deliveries are scheduled throughout H1 2024.
North American Stainless (NAS) celebrated the one-year mark of its $244 million expansion at its Ghent, Kentucky facility. The project includes a new cold rolling mill, upgrades, and will create 70 full-time jobs.
Material handling systems integrator Designed Conveyor Systems (DCS) acquired supply chain consulting firm Waller & Associates LLC. The acquisition formalizes an existing partnership.
Snap-on Incorporated will invest $44 million to expand its Elizabethton, Tennessee facility, adding nearly 49,000 square feet of manufacturing space and new equipment. The expansion will create 50 new jobs.
Johnson Controls plans to expand heat-pump manufacturing at three U.S. plants with over $33 million in federal money and matching funds, pushing output to over 200,000 units a year and creating close to 1,000 jobs.
MetalX LLC selected a 190-acre site in Defiance, Ohio for its previously announced $300 million aluminum recycling campus, including an aluminum rolling slab plant, scrap metal shredding facility, and logistics hub. The campus is expected to create 180 jobs and be operational in the first half of 2027.
Redwire Corporation opened a new 26,000-square-foot manufacturing and testing facility in Longmont, Colorado, expanding its footprint by 70% to nearly 65,000 square feet. The facility will produce space-based antenna hardware and large-scale deployable structures for government and commercial customers.
General Atomics received a $17,128,169 contract modification from the U.S. Navy for EMALS and Advanced Arresting Gear components and support for aircraft carriers CVN 79 and 80. Work expected to complete by March 2029.
Cooper Standard announced an expanded technology licensing agreement with Nike, granting Nike limited exclusivity to use Cooper Standard's Fortrex elastomeric material for footwear and additional product lines.
Exro Technologies will acquire SEA Electric, a California-based electric drivetrain provider, for approximately $402 million Canadian. The transaction is expected to close by end of Q1 2024.
AeroStar is expanding its Brookley Aeroplex component facility in Mobile, Alabama, by purchasing Bauer Test Equipment's hydraulic system. A 55,000-square-foot building expansion is expected to be completed by early 2024.
A.Y. McDonald plans to expand operations at its existing manufacturing facility in Kieler, Wisconsin, as part of its wider Grant County project.
A.Y. McDonald plans a $340 million project in Grant County, Wisconsin, including a new brass foundry in Dickeyville, scheduled for production in 2026, and expansion at its Kieler plant. The project is expected to create 173 jobs over five years.
Montana Technologies LLC and GE Vernova have agreed to form a 50/50 joint venture to manufacture air conditioning and atmospheric water harvesting products combining GE Vernova's sorbent materials with Montana's AirJoule system. The transaction is expected to close in Q1 2024.
Cobalt Polymers has moved to a new facility in Healdsburg, California, that is nearly triple the size of its previous space and has increased capacity by about 30%. The new building features several new expansion lines, a dedicated R&D lab, and clean manufacturing spaces.
Montana Technologies and GE Vernova agreed to form a 50/50 joint venture to manufacture air conditioning and atmospheric water harvesting products using GE Vernova's sorbent materials and Montana's AirJoule technology. The transaction is expected to close in Q1 2024.
Toray Composite Materials America completed a $15 million upgrade to double production capacity of TORAYCA T1100 carbon fiber at its Decatur, Alabama facility, supporting defense applications.
Kraton Corporation completed a $35 million investment to upgrade its crude tall oil biorefinery towers at its Panama City, Florida manufacturing facility. The new infrastructure was completed in November 2023.
Montana Technologies and GE Vernova agreed to form a 50/50 joint venture to manufacture air conditioning and atmospheric water harvesting products using GE Vernova's sorbent materials and Montana's AirJoule system. The joint venture will also leverage Montana's supply agreement with BASF.
Airbus U.S. Space & Defense is starting an expansion project at its Merritt Island, Florida factory to meet increased demand for small satellites.
Airbus U.S. Space & Defense completed the purchase of Eutelsat OneWeb's 50% share of the Airbus OneWeb Satellites joint venture, making Airbus the sole owner of the satellite manufacturing facility in Merritt Island, Florida.
Nucor Corporation announced that its board of directors approved a $280 million expansion at its Tuscaloosa, Alabama steel plate mill. The modernization upgrade supports Nucor's overall plate strategy.
Welch Packaging Group plans to open a new production facility in Wooster, Ohio, creating 50 new jobs, after the Ohio Tax Credit Authority approved tax credit assistance for the project.
Control Devices, a portfolio company of HBM Holdings, has acquired Gilmore, which designs and manufactures severe service valves and pressure relief systems for the upstream oil and gas industry. Terms were not disclosed.
Novelis signed a contract to supply aluminum beverage packaging sheet to Ardagh Metal Packaging's metal production facilities in North America. It is the third major beverage packaging contract Novelis has signed in under seven months.
Cambi has signed a major contract to supply a thermal hydrolysis process system to the City and County of Honolulu's Department of Environmental Services at the Honouliuli wastewater treatment plant in Oahu, Hawaii. The system will be delivered in 2026 with operations scheduled to start in 2027.
Konecranes will supply LOGISTEC USA Inc. with two eco-efficient Konecranes Gottwald Generation 6 Mobile Harbour cranes for container handling at the Port of Manatee.
MXD Process, a leader in process engineering and equipment manufacturing, has acquired Branch Environmental Corporation, a specialist in air and water purification systems based in Somerville, New Jersey.
Polymer Protective Packaging is expanding its facility, adding production and warehousing space to increase production capacity by 30% and raw material storage by 40%. The new space will be completed in Q1 2024.
Solv Metals, a subsidiary of Solv Holdings, acquired Wisconsin Metal Parts and Lean Manufacturing Products, both based in Waukesha, Wisconsin. Financial terms were not disclosed.
Ford Meter Box is planning a $23.2 million expansion at its Pell City facility, including a new 60,000-square-foot building and equipment for large-diameter steel components.
FABBRICA LLC, a subsidiary of SOMEC Group, has been awarded two contracts totaling $38 million for curtain wall and glazed cladding work on a residential tower in Cambridge, MA, and a science centre at a college in New York.
Continental Auto Parts, a portfolio company of Kinderhook Industries, acquired K W Automotive Inc. dba Pro Parts Center, a distributor of aftermarket collision automotive parts in Texas, Louisiana, and Oklahoma. Financial terms were not disclosed.
Lincoln Foodservice Equipment, a Welbilt brand, is establishing a new U.S. operations center at Welbilt's existing site in Caddo Parish, Louisiana, with a $2.3 million investment. The project will add 35,000 square feet of manufacturing space and create 99 direct new jobs.
The US Air Force awarded General Electric a $1.57 billion contract for 29 F110-GE-129E engines for the F-15EX Eagle II, with options for up to 329 more engines through 2031.