Power Solutions Group, part of Sunbelt Solomon, has acquired Industrial Tests, Inc., a provider of electrical testing and maintenance services. Industrial Tests will be integrated into Power Solutions Group over time.
Navis TubeTex and Fibroline inaugurated the Fibroline USA Innovation Lab at Navis TubeTex's headquarters in Lexington, N.C., to promote Fibroline's dry powder impregnation solutions in the U.S. market.
The U.S. Army awarded Flash Steelworks a $90 million firm-fixed-price contract to develop low-cost, ultra-high-strength alloys. Work will be performed through February 2030.
Seagate Technology agreed to acquire Intevac, a supplier of thin-film processing systems, in an all-cash transaction valued at approximately $119 million including dividends. Intevac stockholders will receive $4.00 per share plus a special dividend.
Raytheon Co. has been awarded a $52.2 million firm-fixed-price delivery order to procure 18 forward looking infrared high-definition turret assembly spares in support of Foreign Military Sales MH-60 aircraft for Saudi Arabia, South Korea, Norway, Spain, and India. Work is expected to be completed by February 2028.
JLG Industries will open a new 113,000-square-foot satellite office and R&D facility in Frederick, Maryland's Riverside Research Park. The project is supported by a $500,000 conditional loan from the state.
Architect Equity, a Los Angeles-based private equity firm, has purchased Gibbs Die Casting Corp., an aluminum diecaster in Henderson, Kentucky, from Koch Enterprises. Terms were not disclosed. Gibbs will continue under existing management.
AeroVironment announced the establishment of FreedomWerx, a 200,000-square-foot advanced manufacturing facility in Salt Lake City, Utah, to expand production of loitering munitions systems. The company anticipates creating more than 500 high-paying jobs.
Key Tronic Corporation is expanding its clean-tech manufacturing operations in Springdale, Arkansas, with a new flagship facility. The company anticipates investing more than $28 million and creating over 400 new jobs in the next five years, increasing total U.S. production capacity by approximately 40%.
Premier Packaging relocated its headquarters and production operations to an expanded facility in Memphis, Tennessee.
Eagle Flexible Packaging plans a new 52,000 square foot, $5 million facility in Waupun, Wisconsin, expected to be largely complete by year end and to create up to 40 jobs.
onsemi disclosed a proposal to acquire Allegro MicroSystems for $35.10 per share in cash, implying an enterprise value of $6.9 billion. The proposal was submitted to Allegro's board on February 12, 2025.
Saint-Gobain Ceramics, through its subsidiary Saint-Gobain NorPro, is building a nearly 125,000-square-foot manufacturing facility in Wheatfield, New York, for catalyst carriers. The $40 million project will create 30 jobs, with construction starting in 2025 and completion by 2028.
Sintavia, a manufacturer of additively manufactured aerospace components, received a $10 million investment from the Stifel North Atlantic AM-Forward Fund. The capital will be used to refinance machine loans and provide working capital.
Medtronic has acquired certain nano surface technology assets and intellectual property rights from Nanovis for use in next-generation PEEK interbody fusion devices. The deal was announced on February 12, 2025.
NEM Energy signed a contract with Siemens Energy to supply two horizontal Heat Recovery Steam Generators (HRSGs) for a new 1.2 GW combined cycle power plant in Texas, USA, supporting end user Sandow Lakes Energy Company.
e2Companies, a provider of integrated power solutions, announced a business combination with SPAC Nabors Energy Transition Corp. II. The transaction values e2 at a pre-money equity value of $500 million and is expected to close in Q3 2025.
Nxu, Inc. announced shareholder approval of its merger with Verde Bioresins, Inc. Verde stockholders will own about 95% of the combined company. The transaction values Verde at approximately $306.9 million enterprise value.
BD plans to invest over $30 million in 2025 to expand manufacturing capacity for IV lines at its plant in Utah, following a 2024 investment of over $2 million that increased IV catheter output by more than 40 million units annually.
TE Connectivity has entered into a definitive agreement to acquire Richards Manufacturing Co., a provider of utility grid products, from funds managed by Oaktree Capital Management and the Bier family. The acquisition strengthens TE's position in serving electrical utilities in North America.
Isuzu North America Corporation announced it will establish a new production base in Greenville County, South Carolina, with a $280 million investment creating over 700 jobs. The facility will produce N-Series Gas, N-Series Electric, and F-Series Diesel trucks, with an annual capacity of 50,000 units, and operations expected to begin in 2027.
Nabors Energy Transition Corp II, a SPAC formed by Nabors Industries, entered into a business combination agreement with e2Companies, a provider of AI-based Virtual Utility power solutions.
HAWE Manufacturing US, a subsidiary of HAWE Hydraulik GmbH, is moving hydraulic valve production from China to a 50,000 square foot space in Lehigh Valley Industrial Park VI in Bethlehem Township, Pennsylvania.
Impel Company, backed by Pike Street Capital, announced the acquisition of Pump Dynamics, a flow management products and services provider serving Washington, Oregon and Arizona. The deal adds an Arizona presence and semiconductor-industry service capabilities; no value was disclosed.
Carrier Global Corp. increased manufacturing output at its facility in Charlotte, North Carolina, by about 50% and is building a new facility to more than double output for North America.
AGS America Inc., an automotive components manufacturer, is investing nearly $3.6 million in new advanced manufacturing equipment to expand its operations in Opelika, Alabama, creating 70 new jobs. The expansion is expected to be completed by December 2025.
DetraPel, Inc. opened a 40,000-square-foot facility in Charlotte, North Carolina, with plans to scale to 70,000 square feet by 2027, tripling production capacity to 90,000 gallons per day for PFAS-free protective coatings.
Gamber-Johnson, a portfolio company of Main Street Capital Corporation, acquired American Aluminum Accessories, a Perry, Florida-based specialty metal manufacturer of aluminum products for law enforcement and public safety vehicles.
Avgol invested $100 million to add a new multibeam spunlaid production line and a laminate finishing line at its Mocksville, North Carolina facility, expanding its nonwoven fabric production capacity.
Strip Tinning Holdings received a $780,000 order for C-sample components for a US-based autonomous vehicle programme, covering Cell Contact Systems for battery pack modules.
Osmoflo is investing in Aqua Membranes as part of its Series B fundraising, with support from Kanadevia Corporation, to expand manufacturing capacity in the US.
Firefly Aerospace received an $8.2 million grant from the Texas Space Commission to expand its spacecraft manufacturing capabilities in Cedar Park, Texas. The expansion includes additional cleanroom space, test equipment, and 50 new jobs.
Owens Corning announced an investment in a new shingle manufacturing facility in the southeastern United States. The plant will produce around six million squares per year and create nearly 100 jobs, with production expected to begin in 2027.
Cummins Inc. acquired assets of First Mode, including hybrid mining and rail product lines and IP portfolio, to enhance decarbonization solutions for mining. The deal includes manufacturing and technical teams in Australia, the US, and Chile.
John H. Carter Co./ControlWorx plans a $69 million, 285,000-square-foot facility in Gonzales, Ascension Parish, Louisiana to assemble, service and distribute flow control products. Construction starts March 2025 with operations expected in early 2027.
All Temp Refrigeration, Inc. was awarded a $1.58 million contract by the Paulding County Commissioners for chiller and boiler installation at the Paulding County Jail in Ohio.
Saint-Gobain Ceramics & Plastics Inc. plans a $41.5 million expansion in Niagara Falls, New York, adding a 125,000-square-foot plant for ceramic catalyst carriers and R&D in specialty industrial powders. The project is expected to create 30 new jobs and start construction later in 2025.
Medline was awarded 19 of 20 delivery orders by the U.S. Department of Veterans Affairs to distribute medical-surgical products to VA Medical Centers and other government agencies. The five-year contract is estimated at over $1 billion annually.
Argan, through its subsidiary Gemma Power Systems, signed an EPC services contract with Sandow Lakes Energy Company for a 1.2 GW natural gas-fired combined cycle power plant in Lee County, Texas. Construction is expected to begin in summer 2025 with completion in 2028.
AtmosZero opened its first 100,000 square-foot manufacturing factory at the Forge Campus in Loveland, Colorado, to produce Boiler 2.0 industrial steam heat pumps. The facility will manufacture up to 100 units per year, with commercial shipments starting in 2026, and was allocated up to $24.3 million in tax credits.
The U.S. Navy awarded Rolls-Royce a $167.3 million contract to produce 40 MT7 turboshaft engines and ancillary parts for the Ship to Shore Connector Program. Work will be performed in Indianapolis, Indiana, with completion scheduled by June 2028.
JLT Mobile Computers has won a major order worth SEK 22 million from a leading American company in the food production industry.
Unison, a GE Aerospace company, signed a contract with Rolls-Royce to supply an updated suite of harnesses for the AE 1107F engine, which powers the U.S. Army's Future Long Range Assault Aircraft (FLRAA) program.
Unison, a GE Aerospace company, has signed a contract with Rolls-Royce to supply an updated suite of harnesses for the AE 1107F engine, which will power the U.S. Army's Future Long Range Assault Aircraft (FLRAA) program.
Combined Metal Industries and Upstate Shredding have announced a joint venture to convert the Ben Weitsman of New Castle facility in Pennsylvania into a state-of-the-art aluminum shredding operation. The plant is expected to be fully operational within six months.
IES Infrastructure Solutions LLC, a division of IES Holdings, has acquired Arrow Engine Company, a global provider of natural gas-powered engines and compressors, from TriMas Corporation. Arrow Engine is based in Tulsa, Oklahoma.
Serioplast, an Italian rigid plastic packaging maker, will invest $25,725,000 to occupy a 140,000 sq ft industrial facility in Shenandoah County, Virginia, creating 45 new jobs.
Ingredion is spending more than $100 million to improve the efficiency and production capabilities of its Indianapolis facility, focusing on texture-based ingredients. The project includes modernized equipment and is expected to be completed by 2028.
BorgWarner extended contracts with a major North American OEM to supply wastegate turbochargers for midsized gasoline engines, powering SUVs and trucks. Production will continue through 2028 and beyond.
DENSO is investing $100 million to expand its Athens, Tennessee facility, creating approximately 200 new jobs. The expansion will increase production capacity and introduce new heating and air conditioning systems, bringing total footprint to 879,000 square feet.