Tusas Engine Industries (TEI) has won a contract to maintain the US Navy's LM2500 engines, marking its first license for ship engine maintenance abroad.
Officine Maccaferri S.p.A., a global leader in environmental engineering solutions, has acquired Synteen Technical Fabrics Inc., a U.S.-based manufacturer of geosynthetics for the infrastructure sector.
SoftBank is in advanced talks to acquire IC design firm Ampere Computing LLC in a deal valued at approximately $6.5 billion, strengthening its position in AI and cloud computing processors.
ArcelorMittal announced it will build an advanced steel manufacturing facility in Calvert, Alabama, with capacity to produce up to 150 kilotons of premium non-grain-oriented electrical steel annually for the U.S. automotive sector.
Globus Medical has entered into a definitive agreement to acquire Nevro Corp., a medical technology company focused on chronic pain therapies. The transaction is expected to close in Q2 2025, creating a combined company with $3 billion in annual sales.
SIMONA AMERICA Industries announced a $23 million expansion of its Archbald, Pennsylvania facility, adding over 80,000 square feet. The project is scheduled for completion in Q1 2026 and will enhance manufacturing of thermoplastic semi-finished parts.
Avantium has entered into a Joint Development Agreement with EPC Engineering & Technologies and POLYMETRIX to develop and commercialize continuous PEF polyester production technology for plant capacities exceeding 100,000 tonnes per annum.
Honeywell agreed to acquire pump and gas compressor maker Sundyne from private equity firm Warburg Pincus in an all-cash deal valued at $2.16 billion, about 14.5x 2024 EBITDA. The deal will expand Honeywell's Energy and Sustainability Solutions segment.
Ampo Poyam Valves delivered what it describes as the world's largest cryogenic ball valves, 60-inch units, for Cheniere's Corpus Christi Liquefaction LNG plant in Texas. The announcement was dated 6 February 2025.
Vinyl Technology, a Beaufort group company, has been awarded a multi-million-pound contract by the U.S. Defense Logistics Agency to supply Advanced Technology Anti-G Suits (ATAGS) from 2025 to 2028.
BluMetric has signed a new lease for a 25,000-square-foot manufacturing facility in Gainesville, Florida, to expand its U.S. manufacturing capacity.
Yenkin-Majestic Paint Corporation and Multiquimica Dominicana have formed a joint venture, OPC Polymers LLC, to combine their specialty resins and chemicals portfolios for the North American paint and coatings market.
Bell Boeing Joint Project Office was awarded a $46.6 million contract by the US Navy for non-recurring engineering and procurement of up to 91 ODSSHI kits for the V-22 Osprey, with work expected to be completed by December 2026.
Pileworks, a Texas-based pile manufacturer, has started installing a Konecranes 7.5-ton overhead crane in its new production facility to expand operational efficiency.
Techmer PM, a polymer modification company, acquired Colors for Plastics, a provider of color concentrates and custom color solutions with sites in Elk Grove Village, Illinois, and Spartanburg, South Carolina.
Barminco, the underground mining division of Perenti, won a A$120 million ($75.3 million) contract from Nevada Gold Mines to provide underground development and ground support services for the Goldrush project in Nevada, USA. The 36-month contract starts in February 2025.
Hex Armor plans to invest $11.4 million to expand its headquarters in Grand Rapids, Michigan, adding 59,000 square feet and creating at least 100 jobs. The project is supported by a $700,000 Michigan Business Development Program grant.
Navitas Semiconductor announced that its GaNFast gallium nitride and GeneSiC silicon carbide power semiconductors have been adopted into Dell's family of AI notebook adapters, ranging from 60W to 360W.
R&R Machine Works acquired Farmac Industries and will launch R&R Industrial, combining millwright services, industrial automation, and electrical contracting. A new production facility and automation division will open in Amarillo, Texas in 2025.
Figeac Aéro's North American subsidiary won a contract from GKN Aerospace to produce large lower wing skin panels for the Gulfstream G500. The contract is valued at over $5 million over five years, with production already started.
Rolls-Royce Solutions America plans to invest $35 million to expand its generator manufacturing facilities in Mankato, Minnesota, adding 280,000 square feet and creating 128 new jobs.
M-Tron Industries has been awarded a $12 million production contract from a major supplier to Boeing and Airbus for over 45 different electronic components, including filters and oscillators, to be used in aircraft.
The joint venture Samsung Lennox HVAC North America has unveiled its first ductless heat pump offerings: the Lennox Powered by Samsung mini-split systems and Varix VRF lineup.
Nidec Motor Corp. and Noveon Magnetics have entered into a five-year partnership to supply over 1,000 metric tons of NdFeB magnets, enhancing US supply chain resilience.
CarbonBuilt has acquired Jolley Concrete and Block, a family-owned concrete producer in Danielson, Connecticut. CarbonBuilt plans to upgrade the plant with its decarbonization technology to produce ultra-low carbon concrete products.
Barminco, a Perenti subsidiary, signed a 36-month contract worth approximately A$120 million ($74 million) with Nevada Gold Mines for underground development and ground support at the Goldrush project in Nevada. Work commenced in February 2025.
Ingredion announced investments of more than $100 million to increase efficiency, modernize equipment, and install an energy cogeneration system at its Indianapolis facility. The project will expand capacity for texture solutions and is expected to be completed in the second half of 2026.
MtronPTI received an order worth more than $10 million from a top U.S. Department of Defense prime contractor for high-performance radio frequency filters supporting a major naval defense program. Work will take place in Orlando, Florida over three years.
German farm equipment maker Geringhoff announced a 40,000 square foot, $5-million expansion of its St. Cloud, Minnesota facility to increase production of harvesting equipment for U.S. and Canadian customers. Construction started at the end of 2024 and is planned to be completed in mid-2025.
AXH Air-Coolers plans to break ground on a new facility in Sapulpa, Oklahoma, on 26 acres, creating over 200 jobs. The company was awarded $5.2 million from the Oklahoma Department of Commerce Business Expansion Incentive Program.
Canon Virginia, Inc. announced plans to expand manufacturing operations at its Newport News facility to scale a method of isolating natural silk protein, retraining 30 employees for the new production line.
Liebherr-America committed to investing $74 million to enhance its manufacturing facility in Newport News and Hampton, Virginia, creating 175 new jobs. The investment is supported by state and local incentives.
Hawkins, Inc. completed the acquisition of the assets of Amerochem Corporation, a distributor of water treatment chemicals and equipment in North Carolina. The deal adds a 50th water treatment location in the U.S.
Honda is investing over $1 billion to retool its Marysville Auto Plant, East Liberty Auto Plant, and Anna Engine Plant in Ohio to create the Honda EV Hub, enabling production of ICE, hybrid, and EV models on the same lines. EV production begins in late 2025 with the Acura RSX EV.
CPI Aerostructures received several funded orders totaling $7 million from Sikorsky for overhaul and repair of outboard stabilator assemblies supporting the MH-60 SEAHAWK helicopter. These orders are under a previously announced five-year IDIQ contract.
Heidelberg Materials North America has signed a binding agreement to acquire Giant Cement from its minority shareholders for approximately $600 million. Giant Cement's Thomaston, Maine plant is scheduled to shut in early 2025.
Kurita America, part of the Kurita Group, announced a pending merger with sister company Avista Technologies, Inc., effective April 1, 2025. Avista, based in San Marcos, California, specializes in membrane treatment solutions for reverse osmosis and filtration systems.
Triumph Group has entered into a definitive agreement to be acquired by affiliates of Warburg Pincus and Berkshire Partners in an all-cash transaction valued at approximately $3 billion, taking the company private.
PBS Aerospace will invest up to $20 million to establish its North American headquarters, manufacturing, and R&D operations in Roswell, Georgia, creating at least 95 jobs.
American Metals LLC, a subsidiary of American Resources Corporation, announced a proposed business combination with AI Transportation Acquisition Corp valued at $170 million. The combined company will be listed on Nasdaq as Electrified Materials Corporation.
Ingersoll Rand acquired SSI Aeration, a global leader in wastewater treatment plant equipment, to extend its capabilities in wastewater treatment. SSI has manufacturing facilities in the US, South Korea, and India.
ORBIS Corporation opened a new manufacturing plant in Greenville, Texas, repurposing an existing facility, producing reusable totes and pallets; it is expected to reach full production by spring 2025 and create more than 190 jobs.
A Southeast-based private equity firm, in partnership with an executive initiated by HarveyCEO, acquired ChemREADY, a provider of chemicals, equipment, and services for water and wastewater treatment.
Coltala Holdings announced the creation of Coltala Aerospace through the acquisition of Aeroparts Group (APG), which includes Evans Composites, APM and ACD Consulting. The acquisition was completed on February 18, 2025.
Aster Brands announced an expansion in Emmet County, Michigan, with over $7 million investment in a new facility and creation of 15 jobs.
Flash Steelworks announced an expansion project in St. Clair County, Michigan, with $8.8 million capital investment and creation of 55 jobs.
Futron Incorporated was awarded a one-year service contract by the U.S. Navy to provide HVAC maintenance and 24-hour emergency service at three installations in the Mid-Atlantic Region: Oceana, Dam Neck, and Cherry Point.
BAE Systems plans to invest $65 million to add 13,935 square meters at its Endicott, New York site for high-voltage energy storage technologies for aircraft electrification. The project is supported by $8.5 million in tax credits from New York State, announced on 19 February 2025.
ArcelorMittal has made a $1.2 billion investment to build an advanced non-grain-oriented electrical steel manufacturing facility in Alabama. The plant will produce up to 150,000 metric tons of NOES annually.
Eaton announced it would invest $340 million to add a third US facility for manufacturing three-phase transformers in Jonesville, South Carolina. The site will support 700 new jobs and begin hiring and production in 2027.