Indovinya, the global business division of Indorama Ventures, completed on January 31, 2025 the acquisition of the Kemelix demulsifiers and Flowsolve flow assurance products brands from Cargill Bioindustrial UK Limited, including trademarks, customer relationships, patents, tolling rights and an R&D facility in Houston.
USG Paper announced it is expanding into Orange, Texas at the former International Paper location, with a planned investment of $750 million over ten years. The company aims to hire 120 to 150 full-time positions, with construction planned for fall 2025 and full operation by 2028.
Motion Industries signed a definitive purchase agreement to acquire the net operating assets of Maguire Bearing Company, an industrial distributor based in Hawaii. The transaction is expected to close at the end of February 2025.
HE-Parts International, a subsidiary of Hitachi Construction Machinery, acquired Brake Supply Company, Inc., a subsidiary of Koch Enterprises. Brake Supply is a supplier of aftermarket mining equipment parts and rebuild services in North America.
Nucor Corporation will invest $59 million to expand its Vulcraft Indiana manufacturing facility in St. Joe, Indiana, adding capabilities to produce steel grating products. The investment is expected to create 20 new full-time jobs.
TIB Chemicals AG signed a definitive agreement to acquire REAXIS Inc., a US manufacturer of tin catalysts and specialty additives, effective January 31, 2025. The acquisition strengthens TIB Chemicals' presence in North America and expands its product portfolio.
WAI Global acquired ACI Automotive, a supplier of washer pumps, window regulators and door components, from Standard Motor Products. The acquisition expands WAI's product portfolio in the automotive aftermarket.
Badger Meter acquired SmartCover Systems from XPV Water Partners for $185 million. SmartCover provides real-time monitoring of sewer lines and lift stations for water utilities.
IES Holdings acquired Arrow Engine Company, a provider of engines, generator sets, compressors, and replacement parts for the natural gas production market, from TriMas Corporation. The acquisition includes Arrow's 130,000 sq ft manufacturing facility in Tulsa, Oklahoma.
IPCO Industrial Power Corporation is installing electrical systems for a $5 million wastewater treatment plant project in Saluda, South Carolina, the largest project in IPCO's history.
ElectroCraft announced the expansion of its Ann Arbor, Michigan facility to increase domestic production capacity for motion control solutions, including a new R&D center and in-house PCBA production.
Clearwater Industries, an EAI Water company, acquired Artech Water Systems, Inc., a water softening and conditioning services provider based in Madison, Connecticut.
Jacobs Engineering Group has been selected to operate and maintain the water treatment system in Jackson, Mississippi, for a ten-year period, announced on January 30, 2025.
LFM Capital portfolio company Excelis Packaging Automation has acquired Marks Machinery, a manufacturer of replacement parts for beverage filling equipment based in Suwanee, Georgia. Financial terms were not disclosed.
Aalberts N.V. has reached an agreement to acquire 100% of the shares of Paulo Products Company, a provider of industrial heat treatment and related services with annual revenue of approximately USD 105 million and 522 employees. Paulo operates five facilities in the USA and one in Mexico.
International Paper announced a new greenfield box plant in Waterloo, Iowa, near protein-segment customers and with freight access to one of its mills. Construction is expected to begin in 2025.
Letica Corp., a Berry Global subsidiary, plans to expand its Fulton County, Kentucky plant with a $27.8 million investment adding 45,000 sq ft of warehouse space and creating 15 new jobs.
Funds managed by Brookfield Asset Management completed the acquisition of nVent Electric's Thermal Management Business, including RAYCHEM and TRACER brands, for $1.7 billion in cash. The deal was announced on July 31, 2024 and completed by January 29, 2025.
Nuvotronics, a Cubic Corporation business, has been selected by MDA Space Ltd. to supply high-performance mmWave filters and baluns for the MDA AURORA satellite product line, supporting Telesat's Lightspeed constellation.
Advanced Drainage Systems (ADS) has broken ground on a $30 million expansion of its recycling facility in Cordele, Georgia. The expansion will increase the facility to 117,000 square feet and create up to 50 new jobs.
Enovis Corp. is expanding its Austin-based surgical division with a $25.5 million, 100,000-square-foot multipurpose operations center in Cedar Park, Texas. The facility will more than double current manufacturing capacity, expand distribution, and create at least 162 jobs.
Eagle Materials announced the acquisition of Bullskin Stone and Lime, LLC, a pure-play aggregates business in Western Pennsylvania, during its fiscal third quarter ended December 31, 2024.
GE Vernova announced plans to invest more than $10 million in its Pittsburgh facility over two years to add a manufacturing line for FLEX INVERTER technology, creating over 270 new jobs.
GE Vernova announced plans to invest nearly $600 million in its U.S. factories and facilities over the next two years, creating more than 1,500 new jobs. The investment focuses on gas power, grid, nuclear, and onshore wind manufacturing sites.
Corning Incorporated will invest up to $315 million to expand its facility in Canton, New York, creating up to 130 manufacturing jobs and 175 construction jobs, to produce HPFS and ULE glass for semiconductor lithography.
GlobalFoundries will invest $575 million to create the New York Advanced Packaging and Photonics Center at its Malta manufacturing facility, with an additional $186 million for R&D over ten years, creating 102 new jobs.
Moog Inc. has been selected by Lockheed Martin to provide custom actuators for the PAC-3 MSE missile contract with the U.S. Army, valued at over $100 million. Production will occur at Moog's Salt Lake City, UT facility.
RIDGID, part of Emerson, completed a 30,000 sq ft press jaw manufacturing expansion at its Elyria, Ohio headquarters with robotic systems and milling machines. The investment doubles annual jaw set production capacity and cuts lead time by 30 days.
US-based packaging provider AE Global merged with industrial packaging supplier Acorn East to expand combined footprint across industrial packaging, custom packaging, equipment and automation. The merged entity will set up its national headquarters in a 150,000 sq ft facility at Sunshine State Park.
IMI plans a $38 million manufacturing facility in Lake Forest, California, to support its IMI CCI actuator and control valve brand, self-funded by selling its Rancho Santa Margarita site, with the move targeted for early 2026.
Ziglift Material Handling is opening a new facility in Jeffersonville, Indiana, with construction on track for completion by April 2025, expanding inventory and service to the Greater Louisville and Southern Indiana region.
Dassault Falcon Jet's $100 million expansion at Little Rock's Clinton National Airport is on track for completion by 2034, including new hangars for the 6X and 10X jet lines and 800 new jobs.
Sulzer commissioned operations in Portland, Oregon for assembling and testing large water pumps, and expanded its manufacturing site in Easley, South Carolina, with new product lines including high-efficiency wastewater pumps. The company committed an additional CHF 10+ million for product manufacturing and testing.
RHI Magnesita completed the acquisition of U.S.-based Resco Group from Balmoral Funds LLC and management for an enterprise value of $410 million (approx. €390 million). The deal expands RHI Magnesita's footprint in North America for refractory products.
Imagineering announced a merger with Accutrace, a PCB fabricator and assembler based in Santa Clara, CA. The merged company will operate under the Imagineering brand. Terms were not disclosed.
Symbotic completed the acquisition of Walmart's Advanced Systems and Robotics business and signed a commercial agreement to develop and deploy automation systems for up to 400 Accelerated Pickup and Delivery centers at Walmart stores.
Dynamis Power Solutions acquired the operations of Mertz Manufacturing, a 365,000 sq ft manufacturer and fabricator in Ponca City, Oklahoma. The acquired entity is rebranded as Mertz Integration, with investments in facility and equipment expansion.
Sunshine Avionics, a HEICO subsidiary, acquired an exclusive perpetual license and key assets for Honeywell's Boeing 777 AIMS and Boeing 737NG/P-8/E-7 VIA avionics product lines. Financial terms were not disclosed.
Marotta Controls announced the expansion of its operations to a newly upgraded facility in Parsippany, New Jersey, serving as a Center of Excellence for Power and Actuation Systems. The company plans continued workforce growth exceeding 10% annually.
Lakeland Industries was awarded contract EE 11-24 by the Houston-Galveston Area Council, enabling over 9,000 local government entities in the US to procure Lakeland's firefighter protective gear through the HGACBuy Program.
Gerresheimer is investing around EUR 166 million (USD 180 million) in a two-stage expansion of its Peachtree City, Georgia site, creating up to 400 new jobs for production of medical systems like inhalers and auto-injectors.
Zimmer Biomet announced a definitive agreement to acquire Paragon 28 for an upfront payment of $13.00 per share, corresponding to an equity value of approximately $1.1 billion and an enterprise value of approximately $1.2 billion.
RTX's Pratt & Whitney plans a $285 million investment to expand its Buncombe County jet engine parts operations, expected to create 325 jobs from 2026 over five years, supported by a $4.2 million state JDIG grant.
Greene Concepts Inc. announced a partnership with Oman-based APEX Transgulf Manufacturing to use APEX's PET preform units so it can blow its own BE WATER bottles at its Marion, North Carolina bottling plant.
Liebherr is expanding its mining truck manufacturing facility in Newport News, Virginia, with an 80,000 sq. ft. addition. The demolition and construction are projected to be completed by the end of 2025.
Rotair Aerospace Corporation won an $8.6 million three-year federal contract with the Defense Logistics Agency to supply flutter dampeners for military helicopters, including the UH-60 Black Hawk.
Spanish solid surfaces manufacturer Cosentino Group bought 330 acres at Cecil Commerce Center in Jacksonville for $20.39 million and plans a two-phase, $370 million manufacturing facility. The first phase, costing $270 million, will begin construction in January 2025 and start operations in 2028, initially hiring 180 employees.
NextEra Energy and GE Vernova announced a partnership to accelerate the development of gas turbine projects over the next four years. The companies will identify key grid locations for new gas generation, with plants co-owned by both companies and subject to long-term contracts with large-load customers like data centers.
Skanska has signed a $91 million contract with Texas A&M University System to construct the new Meat Science and Technology Center in College Station, Texas. The 7,000-square-meter facility will include an auditorium, laboratories, and classrooms, with construction starting in December 2025 and completion expected in January 2028.
Atlas Energy Solutions Inc. has entered a definitive agreement to acquire all outstanding capital stock of Moser Energy Systems, a provider of distributed power solutions, for $220 million. The consideration includes $180 million in cash and approximately 1.7 million shares valued at $40 million.