Service Trucks International plans to add 56,000 square feet to its Sioux Center facility for manufacturing tiger cranes, with a capital investment of $9 million and creation of six jobs.
FORCE Automation, Inc. intends to purchase Lot #3 in the Southeast Bristol Business Park, expanding from 8,500 to 20,000 square feet, and plans to develop a state-of-the-art training facility in collaboration with ABB.
Newly formed Stronvar Aerospace acquired Electro Methods Inc. (EMI), a South Windsor, Connecticut-based specialist in fabrication of high-value assemblies using exotic aerospace alloys for aero engine OEMs.
General Atomics Electromagnetic Systems (GA-EMS) was awarded a contract by General Dynamics Electric Boat to fabricate and deliver three shipsets of Virginia Payload Tubes for Block VI Virginia-class submarines, with delivery by the end of 2030.
Siemens Energy has started engineering work for a $149.9 million expansion of its manufacturing plant for steam gas turbines and generators in Charlotte, North Carolina. The company is more than doubling the facility's size and renovating existing space to increase production of large transformers.
KANSAI HELIOS Coatings GmbH has announced plans to establish a new manufacturing facility in Johnstown, Ohio, with an investment of over $20 million. The facility is expected to create 48 new jobs by 2030 and quadruple production capacity.
TriMas Aerospace's Monogram Aerospace Fasteners, Allfast Fastening Systems and Mac Fasteners brands have been awarded a multi-year global contract with Airbus, expanding the existing contract scope across all fastener business units.
Solomon Colors has built a new manufacturing plant in Rialto, California, to increase its granular pigment production capacity by 40 million pounds annually. The facility is set to be operational in Q1 2025.
Berry Global Group acquired CMG Plastics, a North American producer of containers, bottles, closures and specialty packaging with about 170 employees. PMCF Investment Banking served as exclusive financial advisor to CMG.
Leonardo DRS received a $45 million U.S. Navy Submarine Industrial Base investment commitment through contracts with HII Newport News Shipbuilding. It will fund capabilities and a 40,000 sq ft expansion of its under-construction naval propulsion facility in Goose Creek, South Carolina, expected to open in 2026.
ARCH Medical Solutions Corp. acquired KISS Technologies, LLC, a provider of prosthetic suspension systems based in Owings Mills, Maryland. The acquisition strengthens ARCH's position in the prosthetics market.
Rajshree Polypack Limited secured an order worth USD 0.28 million to supply customised injection-moulded food containers to a US-based distributor, with delivery by March 2025.
Holcim announced the name Amrize for its planned spin-off of its North American operations, which will become an independent public company. The spin-off is scheduled for completion before 30 June 2025, pending approvals.
Vinton Steel LLC, a subsidiary of Kyoei Steel, has awarded Tenova a contract to supply a new melt shop at its El Paso, Texas facility. The project will use Tenova's Green Citymill Flex technology to increase production capacity to 400,000 tons per year. Construction begins summer 2025, with startup in Q1 2027.
AqueoUS Vets has been awarded the contract for the City of Woodbury's new permanent water treatment plant project to remove PFAS from groundwater. The plant is expected to be fully operational by 2028.
L3Harris began construction on four new solid rocket motor production facilities at its Camden, Arkansas site, part of a $215.6 million cooperative agreement with the U.S. Department of Defense to increase domestic rocket propulsion manufacturing capacity.
Vexos is expanding its facilities in Ho Chi Minh City, Vietnam, and Vancouver, Washington, USA. The Vancouver facility will add a fourth SMT line and new automation technologies, with full implementation by March 2025. The Vietnam facility added 8,000 square feet for assembly operations.
Herc Holdings Inc. and H&E Equipment Services have entered into a definitive merger agreement under which Herc will acquire H&E. H&E terminated its prior merger agreement with United Rentals.
Eaton Corp. plans to spend $340 million retrofitting a former distribution center in Jonesville, South Carolina, into a plant producing three-phase electrical transformers. Production is scheduled to start in 2027.
Dimor Group plans to build a $12 million, 45,000 sqft factory at the Waco Aircraft Corporation campus in Battle Creek, Michigan, to manufacture parts for Junkers Aircraft models. The factory is expected to be finished in August 2025 and create about 40 jobs.
Hubbell Incorporated has acquired Ventev, a division of Tessco Technologies Incorporated, which manufactures wireless network solutions in Timonium, Maryland.
CRC Innovations and Ameresco announced an over $200 million Energy Saving Performance Contract to provide capital improvements at U.S. Army military housing at Fort Bragg, N.C.; Fort Meade, Md.; and Fort Sill, Okla., covering 5,000 homes.
Univar Solutions LLC secured exclusive distribution rights for BASF's LuquaSorb Superabsorbent Polymers in the United States and Canada for industrial applications, expanding availability in CASE, energy, mining, water treatment, and environmental remediation markets.
Pritzker Private Capital has signed a definitive agreement to acquire a majority stake in Americhem, a family-owned manufacturer of custom color masterbatch and engineered compounds. The Juve family and management will retain a stake.
CRC Innovations and Ameresco announced an over $200 million Energy Saving Performance Contract to provide capital improvements at U.S. Army military housing at Fort Bragg, Fort Meade, and Fort Sill, covering 5,000 homes.
Sauer Compressors USA is establishing a satellite facility in Cache Valley, Utah to expand operations, focusing on rentals and serving Western US customers. Operations are planned to begin within the next few months.
PDF Solutions entered a definitive agreement to acquire secureWISE, a secure remote connectivity solution for semiconductor manufacturing equipment, from Telit IOT Solutions Inc. The acquisition will expand PDF Solutions' semiconductor manufacturing data platform.
BWX Technologies received contracts totaling approximately $2.1 billion from the U.S. Naval Nuclear Propulsion Program for manufacturing reactor components for Columbia and Virginia class submarines and Ford class aircraft carriers. Work will be performed at locations in Virginia, Ohio, and Indiana over about seven years starting in 2023.
Hyster released its H1.6-2.0.A forklifts, replacing previous models, with lift capacities of 1.6-2 tons.
Kontoor Brands will acquire Norwegian outdoor and workwear brand Helly Hansen from Canadian Tire for about $900 million. The deal is expected to close by June 30, 2025.
Stantec was selected by DC Water to manage a five-year, $43 million water capital improvement program under the Water Smart Alliance joint venture, focusing on updating aging infrastructure and replacing lead service lines.
Covestro announced that four U.S. sites have reached net-zero Scope 2 electricity emissions through a virtual Power Purchase Agreement with Ørsted, providing 90 MW of renewable energy capacity and reducing approximately 90,000 tons of CO2 annually.
Novolex agreed to acquire Pactiv Evergreen for $18 per share in cash, a deal valued at about $6.7 billion, creating a larger North American packaging company. Apollo Funds and CPP Investment Board will contribute about $1 billion, and closing is expected in mid-2025.
Novelis is constructing a $4.1 billion aluminum manufacturing plant on a 3,000-acre site near Bay Minette, Alabama. The plant, the largest single investment in state history, is expected to be completed in the second half of 2026.
CREO Group, a portfolio company of Mill Point Capital, acquired HMS Mfg. Co., a designer and manufacturer of organization products and packaging solutions. The acquisition expands CREO's product offerings and geographic presence.
Chatsworth Products (CPI) will invest $11 million to expand its facility in New Bern, North Carolina, adding 45 new jobs and increasing production capacity for IT infrastructure equipment.
AE Industrial Partners partnered with United Building Solutions to create a commercial HVAC services platform, and UBS joined forces with Total Comfort Solutions to expand into the Southeast US market.
Aquacycl Inc. added a new 8,800-square-foot warehouse in Escondido, California, to boost operational capacity by over 50% and reduce production timelines.
General Pump Co., a San Dimas pump and water well services provider, bought San Bernardino-based Legend Pump & Well Service for an undisclosed sum, announced February 18, 2025. Legend's 80 employees will work under the General Pump name.
Metso has been awarded additional orders by South32 for the delivery of crushing, grinding, automation, and pump plant equipment for the Hermosa zinc-lead-silver project in Arizona, USA. First production is targeted for the second half of FY2027.
Republic Companies, an HVAC and electrical distributor, and T.F. Ehrhart, an HVAC distributor, announced a merger to expand their footprint in the Midwest.
Welspun Corp Limited secured new orders worth approximately ₹3,000 crore for supplying coated pipes for natural gas pipeline projects in the United States, including two major contracts for HSAW pipes and additional orders for HFIW pipes.
Pennsylvania Transformer Technology will invest over $102.5 million to expand its manufacturing footprint in Raeford, North Carolina, adding 217 new jobs and building two new facilities totaling 300,000 square feet.
Saint-Gobain, through subsidiary NorPro, plans a $41.5 million expansion at its Walmore Road facility in Niagara County, New York, including demolition of vacant spaces and construction of 125,000 square feet of new manufacturing space for catalytic products.
Investment AB Latour, through its wholly-owned subsidiary Swegon Group AB, acquired American Geothermal, a US manufacturer of heat pumps and chillers for the concrete industry and commercial buildings. American Geothermal has 40 employees and sales of $14 million in 2024.
Owens Corning has signed a definitive agreement to sell its glass reinforcements business to Praana Group for an enterprise value of $755 million. The business manufactures glass fiber reinforcements and has approximately 4,000 employees across 18 operations in 12 countries.
Busch Group USA, headquartered in Virginia Beach, Virginia, acquired Total Maintenance Solutions LLC, a vacuum pump and blower maker in Milan, Illinois. TMS will continue to operate as an independent division with its staff unchanged.
The Elsinore Valley Municipal Water District awarded a $1,740,955.13 contract to MISCOwater for rehabilitation of Clarifier #5 at its Regional Water Reclamation Facility.
UBE Corporation held a groundbreaking ceremony on February 13, 2025, for a dimethyl carbonate (DMC) and ethyl methyl carbonate (EMC) plant in Louisiana, USA. The plant will produce 100,000 tons of DMC and 40,000 tons of EMC per year for lithium-ion battery electrolytes.
UBE C1 Chemicals America, Inc. (UCCA) has broken ground on a $500 million manufacturing facility at Cornerstone Energy Park in Waggaman, Jefferson Parish, Louisiana. The plant will produce dimethyl carbonate (DMC) and ethyl methyl carbonate (EMC) for lithium-ion batteries and semiconductors. Construction begins in 2025, with operations expected in 2027, creating 50-60 permanent jobs.