BAE Systems and GlobalFoundries have agreed to align technology roadmaps and collaborate on R&D for packaging, GaN-on-Si, silicon photonics, and process development for secure chips used in aerospace and defense systems. The non-exclusive partnership leverages BAE's microelectronics expertise and GlobalFoundries' volume semiconductor manufacturing.

Electrical Components International (ECI), a portfolio company of Cerberus Capital Management, has acquired Flex-Tec, a North American supplier of electrical harness systems and assemblies for LED commercial lighting and IoT markets.

Aerospace Products International, a distributor of aerospace and defense products, was acquired by AeroMed Group in June 2024.

ABB opened its refitted US robotics headquarters and manufacturing facility in Auburn Hills, Michigan, with a $20 million investment, creating over 70 jobs.

L3Harris received a five-year IDIQ contract worth up to $871 million from the US Army to supply M762A1 and M767A1 Electronic-Time Fuzes.

Missouri-based Continental Pump and Tennessee-based Integrity Pump & Motor formed a strategic partnership, creating Compass Group's new pump manufacturing platform. The announcement was made on June 25, 2024.

Senior plc was awarded multi-year production contracts by Collins Aerospace worth about $80 million over 10 years for precision formed and machined thrust reverser structural components for Boeing 787 and Airbus A320neo and A220 aircraft, made at its Jet Products facility in California.

Westrafo announced the future opening of a new North American production facility in Trotwood, Ohio, for medium voltage transformers and energy solutions. Production is expected to start in July 2025, with a capacity of 12 GW per year by 2027.

Stellar Energy opened its second manufacturing facility in Jacksonville, Florida, the Normandy Campus, a 510,433-square-foot facility that will create 250 jobs by end of 2024. The company invested $28 million.

Novo Nordisk announced plans to invest $4.1 billion to build a second fill and finishing manufacturing facility in Clayton, North Carolina, adding 1.4 million square feet and 1,000 jobs. The facility will produce injectable treatments for obesity and chronic diseases.

T.O. Plastics invested in advanced recycling technology and a new high-volume extruder line at its Clearwater facility to increase recycling efficiency and production capacity, enabling use of more than 99% of raw waste material.

ElringKlinger selected Pickens County, South Carolina for its first operation in the state, investing $40.3 million in a 226,000-square-foot facility to manufacture electric battery cell contacting systems. The plant will create 115 jobs and operations are expected to begin in mid-2025.

Drive DeVilbiss Healthcare acquired the full product portfolio of Mobility Designed, Inc., including the M+D Comfort Crutch. Co-founder Max Younger will join DDH as Senior Director of Industrial Design & Innovation.

M&H CNC Technik GmbH has received a significant order to supply additively manufactured turbine blades to the US power sector. The contract, valued in the double-digit million range, involves delivering over 2,500 components by 2031. The blades are made from Inconel 718 for gas turbines.

BASF and Encina signed a long-term supply agreement for chemically recycled benzene, with Encina planning a circular manufacturing facility in Pennsylvania.

Gresham Worldwide, a defense electronics provider, and SPAC Ault Disruptive Technologies signed a definitive merger agreement. The combined company will be named Gresham Worldwide with an implied enterprise value of about $83 million, expected to close in Q4 2024.

Wilkie Technical Textiles announced a partnership with Ocean State Innovations (OSI), which will serve as the primary liaison for Wilkie America products manufactured in Lowell, Massachusetts.

Northrop Grumman Systems Corp. received a $13,874,581 firm-fixed-price order from the U.S. Navy for continued production and delivery of motor controllers, voice/data recorders, and automatic flight control systems to support E-2D Advanced Hawkeye aircraft production.

BMW Manufacturing opened a 219,000-square-foot press shop at its Greer, South Carolina plant, its first in North America, with a $200 million investment creating 200 jobs.

Toyota Texas is investing $531 million to build a 500,000-square-foot drivetrain parts facility at its San Antonio plant, creating over 400 jobs.

Lyndon Steel announced a new 17,000-square-foot facility for detailed material processing at its location in Winston-Salem, North Carolina. The facility includes new equipment such as two 15-ton overhead cranes, a plasma cutting system, a press brake, a metal shear, and a deburring machine.

Sandvik Coromant, part of Sandvik, is investing $29.4 million to expand its Westminster production facility in Oconee County, South Carolina. The investment will provide updated machinery and automation processes, phased in over four years.

Oceaneering International has secured a contract to supply an electro-hydraulic, steel tube dynamic umbilical for a project in the Gulf of Mexico. The contract is valued at approximately $50 million, with manufacturing starting in 2024 and delivery expected in Q2 2026.

Ternium International USA, a subsidiary of Techint Group, is preparing for a $120 million expansion of its steel-coil cold rolling and finishing mill in Shreveport, Louisiana. The project includes a second coil-coating line.

LMI Packaging announced a 50,000-square-foot addition to its Pleasant Prairie, Wisconsin building, bringing its manufacturing footprint to just over 120,000 square feet to support warehousing, manufacturing and machine capacity.

Delmarva Corrugated Packaging announced a 2-megawatt photovoltaic rooftop system at its Dover, Delaware plant, expected to supply about one-third of the facility's power.

Armstrong International broke ground on a 29,000-square-foot industrial heat pump manufacturing wing at its Three Rivers, Michigan campus, supported by a $5 million DOE grant.

Renesas Electronics Corporation completed the acquisition of Transphorm, Inc. on June 20, 2024. The acquisition accelerates Renesas' wide bandgap product offering, including GaN-based power products and reference designs.

Lanco Integrated announced a new contract with a leading global medical device company to automate critical processes for a new medical product, with work commencing immediately at Lanco's North American Headquarters in Westbrook, Maine.

Cemex USA launched its Vertua range of reduced-CO2 concrete in Florida and announced a major residential construction supply contract with Rockwell Construction for the Brightmore project by developer Mattamy Homes in Sarasota County.

BAE Systems and GlobalFoundries announced a strategic collaboration to strengthen the supply of critical semiconductors for national security programs, focusing on U.S. chip manufacturing and joint R&D for advanced chip technologies.

The Ritedose Corporation is expanding its sterile Blow-Fill-Seal (BFS) production capabilities at its Columbia, SC facility, adding 180-million-unit dose capacity for ophthalmic and respiratory medications. The new equipment is expected to begin production in August 2024.

Dow signed an agreement to acquire Circulus, a recycler of plastic waste into post-consumer resin, including two facilities in Ardmore, Oklahoma and Arab, Alabama with a total capacity of 50,000 metric tons per year. The transaction is expected to close in Q3 2024.

Honeywell agreed to acquire Air Products' liquefied natural gas process technology and equipment business, including coil-wound heat exchanger manufacturing, for $1.81 billion in cash, about 13x estimated 2024 EBITDA.

US corrugated and folding carton maker McLean Packaging purchased a Scodix Ultra 6500 SHD digital enhancement press from Scodix, confirmed at drupa. McLean has three production facilities and over 200 employees.

Lime Rock Partners, together with CEO Gideon Hixon and the A&B management team, announced on June 19, 2024 the management buyout of A&B Valve, a Houston-headquartered valve distributor, installer and actuation provider serving the Permian Basin from Midland, Texas and Carlsbad, New Mexico. The purchase price was not disclosed.

The U.S. Navy awarded Johnson Controls Navy Systems (JCNS) a contract valued at $24,826,861.25 for High Efficiency Super Capacity (HESC) Air Conditioning Parts. The contract was awarded on 18 June 2024.

The US Navy awarded Johnson Controls Navy Systems a $24,826,861 firm-fixed-price contract for high efficiency super capacity air conditioning plants and ancillary equipment in support of the DDG 91 modernization program. Work will be performed in York, Pennsylvania and is expected to be complete by June 2026.

Versatex is constructing a new $40 million, 96,500-square-foot facility at the Aliquippa Industrial Park in Beaver County, Pennsylvania, doubling its manufacturing footprint and creating 80 new jobs.

Hitachi Energy announced a $26 million investment in its transformer factory in South Boston, Virginia, adding about 100 new jobs to meet growing demand from data centers and other industries.

CoolSys acquired Universal Refrigeration, an HVAC service provider in Western Washington, to strengthen its presence in the Pacific Northwest region.

Condair Group AG will invest $57.2 million to establish a new 400,000-square-foot production facility in Chesterfield County, Virginia, creating 180 new jobs. Operations are slated to begin in early 2025.

Swafford-Kientzy Machine & Fabrication will expand in Troy, Missouri, investing over $250,000 and creating 4 new jobs. The expansion includes new equipment to meet increased demand.

Elite Tool will expand at a new location in Moscow Mills, Missouri, investing $30 million and creating 32 new jobs. The new 120,000-square-foot facility will increase efficiency.

Taihan Cable & Solution Co. has secured 130 billion won ($94 million) in power grid orders in the United States, including a turnkey contract to supply extra high voltage cables for a semiconductor plant in New York and medium/low voltage cable deals for infrastructure projects in Los Angeles.

Boston Scientific agreed to acquire Silk Road Medical, a medical device company focused on stroke prevention via the TCAR procedure, for $27.50 per share, enterprise value of approximately $1.16 billion.

Packaging manufacturer Berkley announced the acquisition of family-owned corrugated sheet plant Sisco Corporation, based in Nashville, Illinois, to expand its in-house corrugated manufacturing.

HVAC equipment distributor JMP will consolidate its Greensboro operations into a new facility in Guilford County, North Carolina, investing $30 million and creating 40 jobs over five years.

Crown Equipment is expanding its operations in Kinston, North Carolina, by renovating a 255,000-square-foot vacant building. The project represents a $13.2 million investment and is expected to create more than 130 jobs.

Anduril Industries announced a new manufacturing facility at Quonset Point, Rhode Island, to produce its Dive-LD family of autonomous underwater vehicles. The 100,000-150,000 sq ft facility will enable production of over 200 AUVs per year and create more than 100 jobs, with opening planned for 2025.