United Performance Metals (UPM) acquired Fabrisonic, a developer of ultrasonic additive manufacturing technology based in Columbus, Ohio. The acquisition bolsters UPM's advanced manufacturing capabilities.
CSW Industrials agreed to acquire Aspen Manufacturing, a manufacturer of evaporator coils and air handlers for the HVAC/R industry, for approximately $313.5 million in cash. Aspen is based in Humble, Texas, and had estimated 2024 revenues of $122.4 million.
Partners Group agreed to acquire a 1.9 GW portfolio of 11 natural gas power plants in California and Middle River Power from Avenue Golden Continuation Fund for an enterprise value of $2.2 billion. The portfolio includes nine simple-cycle peaking facilities and two combined-cycle gas turbine plants.
WEG announced a strategic entry into the U.S. industrial coatings market through a key acquisition.
PPG announced plans to invest $380 million in a new aerospace coatings and sealants manufacturing facility in Shelby, North Carolina.
Vortex Companies launched Vortex Water, a new division focused on renewing aging water infrastructure, providing materials, liners, and technologies. Cedric Bergeron was appointed senior vice president.
CCI Piping Systems broke ground on a third building, adding 25,000 square feet to its existing 40,000 square feet of manufacturing space, to enhance capabilities and grow product lines.
Everaxis, a provider of high-precision rotating solutions, announced the acquisition of 2G Engineering to expand its presence in the US market and complement organic growth.
Mizkan America held a groundbreaking for a $156 million expansion of its facility in Owensboro, Kentucky, adding approximately 320,000 square feet to bring total operational space to over 970,000 square feet. The project was announced in July 2024.
GE Aerospace is investing $2 million to modernize its joint venture facility in Butte, Montana, operated by Montana Precision Products, to improve workflow and productivity for aircraft engine components.
Breeze-Eastern Corp. was awarded a $63.1 million firm-fixed-price contract by the Defense Logistics Agency for aircraft mount winches. The five-year contract runs through March 31, 2030.
GE Aerospace has secured a U.S. Air Force IDIQ contract worth up to $5 billion to support foreign military sales of F110-GE-129 engines for F-15 and F-16 fighter jets. Work will occur in Cincinnati and San Antonio through December 2030.
Sapien Semiconductor has revised a joint development and supply contract for display driver chips with a US big tech company based in California. The contract size increased from 4.8 billion KRW to 9.5 billion KRW, and the end date was extended to May 27, 2026.
Mitsubishi Electric plans to sell its factory in Memphis and lay off 160 workers.
The U.S. Army awarded a $230 million, 5-year production contract to Sun Test Systems, Inc. for the Aviation Ground Power Unit (AGPU) 1.1, with an initial delivery order of 20 systems, to support Army and foreign military sales requirements into 2030.
GE Aerospace secured a contract from the U.S. Air Force valued up to $5 billion for F110-GE-129 engines, supporting foreign military sales for F-15 and F-16 fighter aircraft.
AJG Aerospace is establishing a 120,000-square-foot factory and headquarters at 5600 Bow Pointe Dr. in northern Oakland County, Michigan, with a $34 million investment.
Wabash Valley Power Alliance and Hoosier Energy finalized the joint purchase of the 720-megawatt St. Joseph Energy Center, a combined cycle natural gas plant in New Carlisle, Indiana. Each will take a 50% stake.
Kraken Robotics signed a definitive agreement to acquire 3D at Depth, a US subsea technology company, for $17 million in cash. The transaction is expected to close by April 1, 2025.
The U.S. Army awarded a $416,011,975 firm-fixed-price contract to Leading Technology Composites and Hardwire for the Vital Torso Protection program Lares Small Arms Protective Inserts. The contract has an estimated completion date of March 13, 2032.
Phillips Corporation was awarded a $4,845,673.53 firm-fixed-price contract by the General Services Administration to supply machining centers and engine lathes for the U.S. Air Force Life Cycle Material Command, with work in Hanover, Maryland.
Broadcom has secured orders for Google's upcoming TPU v7 series, expected to launch in 2026. Google is also partnering with MediaTek for a different TPU model. The report was published on March 14, 2025.
Angelalign Technology Inc. will build a 52,000-square-foot manufacturing facility in Oak Creek, Wisconsin, its first in the US. Phase 1 will create nearly 200 jobs. The announcement was made on March 13, 2025.
Toyota Tsusho America, a US subsidiary of Toyota Tsusho Corp, will acquire all shares of Radius Recycling for $30 per share, in a deal valued at $1.34 billion. The merger agreement was announced on March 13, 2025.
Belgium-based Plastiflex bought Smooth-Bor Plastics, which has factories in Laguna Hills, California, and Johor Bahru, Malaysia.
JST Power Equipment opened a new padmount transformer factory in Wytheville, Virginia, on March 13, 2025, to produce three-phase padmount transformers and serve as a customer experience center, service center, and R&D facility.
Jabil entered a strategic collaboration with Apptronik to produce Apollo humanoid robots, aiming to integrate them into Jabil's manufacturing operations.
Midwest Press and Automation is expanding its footprint in Delta Township, Eaton County, Michigan to meet growing customer demand. Part of a $56 million investment creating 210 jobs across three projects.
AJG Aerospace, a provider of products for space, defense, and commercial airlines, plans to expand manufacturing capabilities and establish a new corporate headquarters in Independence Township, Oakland County, Michigan. Part of a $56 million investment creating 210 jobs across three projects.
Hyde Industrial Blade Solutions, a division of Hyde Tools, Inc., has merged with Carolina Knife & Manufacturing, Inc. The merger combines custom cutting tool manufacturing capabilities and will maintain operations in Asheville, North Carolina and Southbridge, Massachusetts.
ALLTAPE Adhesive Manufacturing Inc., a German adhesive products manufacturer, will build a 125,000-square-foot facility in Saxe Gotha Industrial Park, Lexington County, South Carolina. The $70 million investment will create 130 jobs, with operations expected to start in July 2026.
The Oakdale Company, a private investment firm, has acquired Century-Tech, Inc., a manufacturer of flexible packaging machinery. The acquisition positions Century-Tech for expansion through organic growth and strategic acquisitions.
Aehr Test Systems received initial follow-on production orders totaling approximately $4.7 million from a major storage device supplier for multiple FOX-CP systems and WaferPak Contactors for test and burn-in of advanced storage devices for AI and data center markets. Systems to ship within 3-4 months.
Air Industries Group has received two contracts valued at approximately $3.3 million for landing and arresting gear components for the US Navy's E-2D Advanced Hawkeye aircraft, covering both new production and MRO work.
The US Navy awarded a $426,592 firm fixed-price supply contract to All Metal Sales, Inc. for perforated metal sheets, awarded on March 13, 2025.
Forming Technologies is expanding its Muskegon, Michigan facility with an anticipated capital investment of up to $18.8 million, creating 70 new jobs in a building of at least 150,000 square feet that will also house its headquarters.
Engineered Foam Packaging (EFP) is expanding its existing Bishopville facility in Lee County with a $31.5 million investment that adds 200,000 square feet and 57 new jobs. The expansion will increase production of expanded polystyrene and polypropylene packaging, with operations expected online in April 2026.
HYDAC Technology Corp. is preparing to open a new $3 million, 19,500-square-foot manufacturing building in Cheney, Washington, to replace a smaller facility in western Washington. The plant will produce hydraulic valves, pumps and motors for construction equipment.
National Flooring Equipment, an industrial floor removal and surface preparation equipment manufacturer, has acquired Syntec Diamond Tools, an Australian floor industry tooling manufacturer. Syntec will remain its own entity.
GE Aerospace announced a nearly $52 million investment in its Wilmington, North Carolina plant for new machines, crane systems, and tooling to produce engine components. The investment is part of a nearly $1 billion nationwide commitment.
GE Aerospace announced a $22 million investment in its Huntsville-Limestone County, Alabama plant to add machines for producing ceramic matrix composite engine parts. The investment is part of a nearly $1 billion nationwide commitment.
GE Aerospace is investing $11 million in its Batesville, Mississippi facility to expand production of engine parts. The investment will fund an industrial oven for ceramic matrix composites, high-precision machinery, and facility improvements.
Pacific Steel Group awarded Danieli a contract to supply a MIDA Hybrid minimill in Mojave, California. The plant will produce 380,000 short tons per year of rebar.
GE Aerospace announced investments of $16 million in its Durham facility and nearly $100 million across North Carolina facilities, including $13 million in West Jefferson and $20 million in Asheville, as part of a $1 billion national investment.
MCE Holdings Bhd secured a RM22.13 million contract with JVIS USA LLC to supply mechatronic components for a new vehicle model in the US market. Production begins in Q1 FY2027.
Scheuch LIGNO was awarded a major order to supply air pollution control systems for Timberlab's cross-laminated timber plant in Millersburg, Oregon, which is expected to produce 100,000 m³ of CLT annually from end of 2026.
JALUX and BeauTech Power Systems established a 50/50 joint venture, BVJ Engine Holdings LLC, in Dallas, Texas, to procure and lease IAE V2500-A5 and PW1100G aircraft engines, initially aiming to acquire $150 million in commercial assets.
GE Aerospace plans to invest nearly $1 billion in its U.S. factories and supply chain in 2025, nearly double last year's commitment, and hire about 5,000 U.S. workers. The investment includes expansions and upgrades across more than two dozen communities in 16 states.
CG Power and Industrial Solutions received US regulatory approval to acquire the Radio Frequency components business of Renesas Electronics Corporation for $36 million. The acquisition includes IP, tangible assets, and transferring employees.
Innovated Machine & Tool Co. announced plans for a 30,000-square-foot expansion to its 60,000-square-foot facility in Newport News, Virginia. The project includes a building addition and new equipment, creating 25 jobs.