Intek Plastics, a leader in engineered thermoplastic extrusions, acquired Five Star Plastics, an injection molding and prototyping company based in Eau Claire, Wisconsin. Five Star will operate as a separate division of Intek Plastics Group.

The European Commission approved Synopsys' $35 billion acquisition of Ansys, subject to Synopsys divesting its optics and photonics software (Code V, LightTools, LucidShape, RSoft, ImSym) and Ansys divesting its PowerArtist software to Keysight Technologies.

Tex-Tech Industries completed the acquisition of Fiber Materials, Inc. from Spirit AeroSystems. FMI, based in Biddeford, Maine, and Woonsocket, Rhode Island, is a leader in high-temperature materials and reinforced composites, employing approximately 400 people.

Silvis Materials entered into a collaborative research agreement with Oak Ridge National Laboratory to develop and commercialize formaldehyde-free, bio-based adhesives for the building materials industry. The partnership is supported by a DOE-sponsored research agreement.

CPI Aerostructures received a binding notification from Raytheon Technologies to manufacture pod structures and air management system components for the Lot 4 production phase of the Next Generation Jammer Mid-Band program. The contract is valued at up to $33.4 million, covering 34 pods with deliveries starting in the second half of 2025.

Bishop-Wisecarver, a provider of linear and rotary motion solutions, acquired Symation, a leader in motion control system integration. The acquisition creates a new division, Wisecarver Automation, to offer comprehensive automation system design and integration.

The Defense Logistics Agency awarded contract modifications worth $219 million combined to SupplyCore, I-Solutions Direct and TW Metals to continue delivering commercial metal products to U.S. military branches, with ordering through July 22, 2026.

Kowintech signed a 320 billion won contract to supply turn-key electrode process automation systems for 46-pi cylindrical battery production lines at a major global battery maker's North American plant, with delivery by December 2026.

Sivers Semiconductors has signed contracts with the Northeast Microelectronics Coalition Hub for $11.6 million in Microelectronics Commons funding for 5G/6G and electronic warfare chip development, with potential renewal to $30 million over three years. Advance payment of roughly half the first-year value is expected by January 2025.

Bruks Siwertell has won an order to deliver a fully enclosed traveling and shuttling Bruks ship loader to the Port of Long Beach, California. The loader will handle dry bulk materials at capacities up to 5,000 t/h.

Food service packaging maker Genpak LLC announced it will invest $6.69 million to expand its Scottsburg facility, expecting to add 45 jobs by 2028.

HOERBIGER is acquiring the BICERA Explosion Relief Valve product line from Penn-Troy Manufacturing, taking over customers, IP, brand, development and production. The deal strengthens HOERBIGER's safety business in the U.S. market.

LDR Partners LP completed the merger of Universal Impact Technologies (UIT) and ATI Group LLC into a new entity, ATI Group Holdings, combining their industrial attachments brands.

Vertiv and Compass Datacenters announced a collaboration to develop a liquid cooling solution (Vertiv CoolPhase Flex) for AI-enabled data centers. The first units will be deployed at a Compass facility in Q1 2025 under a multi-year procurement agreement.

Numantec, a European medical devices leader, has acquired Health Line International Corp., a US-based manufacturer of vascular access catheters, infusion therapy products, and infection control devices headquartered in Salt Lake City, Utah.

Water Smart Alliance, a joint venture of AtkinsRéalis and Stantec, has been awarded a $43 million contract by DC Water to provide program management services for the water portion of its capital improvement plan. The five-year contract runs from 2024 to 2029.

GEON has acquired Foster Corporation, a compounder of biomedical polymers used in the healthcare and medical device industry, headquartered in Putnam, Connecticut.

Rafter Equipment Corp., based in Strongsville, Ohio, has merged with Kraft Werks Group, a Medina, Ohio-based manufacturer of tube and pipe handling and finishing systems and heavy equipment for the power-generation sector.

The U.S. Army awarded Airbus U.S. Space & Defense a $315 million contract modification to provide logistics and engineering services for the UH-72 Lakota helicopter fleet. Work will be performed in Grand Prairie, Texas, until Dec. 31, 2025.

Amentum has been awarded the Air Forces Central Command Global Prepositioned Materiel Services contract valued at $447 million to deliver and modernize prepositioned storage and maintenance solutions for the U.S. Air Force.

Novvia, a global rigid packaging distributor backed by Kelso, agreed to acquire packaging firm Saxco. Deal terms were not stated in the excerpt.

Bessemer-backed Tencarva, a distributor of flow control and process equipment, acquired Detroit Pump, a pump distributor serving industrial and municipal markets. No financial terms were disclosed.

Lion Equity Partners acquired Global Compression Services, a Midland, Texas provider of OEM and aftermarket parts for reciprocating natural gas engines and compressors. The seller was Warren Equipment Company and no financial terms were disclosed.

Toyota Material Handling and The Raymond Corporation will formally integrate into one company named Toyota Material Handling North America (TMHNA), effective April 1, 2025. The integration will not result in layoffs and aims to leverage strengths of both organizations.

Pexco LLC has acquired Wisconsin Plastic Products, gaining capabilities in extruding giant profiles and complicated hollow profiles with tight tolerances.

Axius Water, a provider of nutrient management solutions for wastewater treatment, has acquired Aero-Mod, a supplier of mechanical/biological wastewater treatment systems based in Manhattan, Kansas. The acquisition expands Axius's nutrient removal solutions.

Toyota Material Handling and The Raymond Corporation will formally integrate into one company named Toyota Material Handling North America, effective April 1, 2025. The announcement was made on January 8, 2025.

IKO, through its subsidiary Bismarck Granules, will open a new granule facility in Bismarck, Missouri, investing $120 million and creating more than 50 new jobs. Construction is underway with plans to open in 2026.

KARL STORZ, a MedTech company, acquired the medical business of T1V, a US-based visual collaboration software company. The acquisition was announced on 8 January 2025.

PCC SE is investing $540 million to build and operate a chlorine and downstream chemical plant in Pass Christian, Mississippi, co-located on Chemours' titanium dioxide plant grounds. Construction is expected to begin in 2026 and operations in 2028, creating at least 84 jobs.

Covestro is investing a low triple-digit million euro amount to construct multiple new production lines and infrastructure at its Hebron, Ohio site to manufacture customized polycarbonate compounds and blends, significantly expanding capacity for the American market.

Toyota Material Handling and The Raymond Corporation announced they will formally integrate into one company under the name Toyota Material Handling North America (TMHNA), effective April 1, 2025. The integration will not result in layoffs and includes four major manufacturing plants plus a new 295,000-square-foot electric vehicle facility.

Summit Materials Inc. has entered into a definitive agreement to be acquired by Quikrete Holdings Inc. for $52.50 per share in cash, with a total enterprise value of approximately $11.5 billion including debt. The transaction is expected to close in the first half of 2025.

Fort Smith, Arkansas corrugated packaging maker Corrugated Specialties was acquired by its president Marcus Slavens, who takes over as chairman and CEO from Paul Henson. The sale was announced on 8 January 2025.

Flexible Solutions International signed a five-year contract on January 7, 2025, with a US-based company to manufacture food grade products on a non-exclusive basis. The contract is expected to generate $15-30 million in annual revenue, with production starting in about six months after expanding clean room space.

FormFactor has entered into technology partnership and share purchase agreements with Advantest, building on a multi-year collaboration to develop wafer-level test cells for silicon photonics and advanced packaging.

Wolter Inc., a material handling solutions provider, acquired Midway Industrial Equipment, a full-service material handling company with locations in Sugar Grove and University Park, Illinois. The acquisition enhances Wolter's product offerings and strengthens its presence in the Midwest.

The U.S. Department of Commerce awarded Hemlock Semiconductor up to $325 million in direct funding under the CHIPS Incentives Program to support construction of a new manufacturing facility in Hemlock, Michigan. The project is expected to create approximately 180 manufacturing jobs and over 1,000 construction jobs.

Q-mation, an industrial automation software and IT services company, has been recapitalized by The Halifax Group. B. Riley Securities served as exclusive financial advisor to Q-mation.

Senzime announced multiple hospital contracts for its next-generation TetraGraph system, with orders exceeding 110 monitors from US and Swiss hospitals. First customer deliveries have commenced.

Hyundai Motor Group and LG Energy Solution are building an electric battery facility as part of Hyundai's manufacturing campus in Georgia. The $6.3 billion project could supply batteries for 300,000 EVs per year and create 3,000 jobs, with production estimated to begin by late 2025.

Tesla is constructing two new manufacturing facilities in Nevada: a factory for electric semi-trucks and a 100-gigawatt-hour factory for 4680 battery cells. The project is valued at $3.6 billion, with pilot production estimated by late 2025 and full production in 2026.

Hyundai Motor Group is considering building its first overseas steel mill in New Orleans, Louisiana, with an investment of around 10 trillion won ($7 billion). Construction could begin as early as spring 2026, with completion expected by 2029.

Microtex Composites, an Italian structural composites manufacturer, will locate its first U.S. operations in Chattanooga, Tennessee, investing nearly $3.8 million and creating 26 new jobs.

Norfolk Iron & Metal (NIM) has acquired Straub Metal International, a distributor of Type 409 stainless steel based in Ashley, Pennsylvania, expanding NIM's stainless steel sheet and coil product lines.

Millat Industries has been awarded a contract by Honda for the rear upper control arm machining and assembly program for the Honda Passport. Mass production is set to begin in January 2025.

Southern Graphic Systems, LLC agreed to acquire Schawk, Inc. from Matthews International for total upfront consideration of $350 million, including $250 million in cash, with Matthews taking a 40% stake in the new entity. The deal is expected to close in mid-2025, subject to regulatory approvals.

Ansys and Synopsys have agreed to sell Ansys PowerArtist, an RTL design-for-power platform, to Keysight Technologies. The divestiture is intended to facilitate regulatory approval for Synopsys' acquisition of Ansys. Terms were not disclosed.

MtronPTI received a year-end order worth over $10 million from a top U.S. Department of Defense prime contractor for a major air defense program. The order includes RF filters and precision clock oscillators, with work taking place in Orlando, Florida through mid-2026.

Lapham-Hickey Steel, a carbon service center based in Bedford Park, Illinois, has acquired Alkar Steel and Processing (ASAP) in Warren, Michigan. ASAP will operate as a division of Lapham-Hickey Steel.