Kinderhook Industries, LLC acquired Jack Doheny Companies, Inc. (JDC), a Michigan-based distributor of specialized equipment for electric transmission, sewer inspection, and utility markets. The deal was financed by a consortium of banks.
Clarios secured a contract to supply advanced hAGM batteries for a 2028 model year full-size SUV series from a major US automaker. Production is planned to begin in Q4 2026 at the Toledo AGM plant, with annual volume up to 745,000 units.
L3Harris Technologies has completed the sale of its specialized materials business, Aerojet Ordnance Tennessee, Inc., to BWX Technologies for approximately $100 million. The business produces advanced specialized metal components for defense, aerospace and commercial products.
Ducommun has received a major order from Bayern-Chemie GmbH for electronic cable assemblies for Patriot GEM-T rocket motors. The components will be manufactured at Ducommun's facility in Joplin, Missouri.
Rollon Corp. will invest $16 million to build a 147,000-square-foot manufacturing facility in Norton Shores, Michigan, to produce advanced linear motion systems. The project is expected to create 43 jobs.
Stryker announced a definitive agreement to acquire Inari Medical for $80 per share in cash, representing a total equity value of approximately $4.9 billion. Inari provides mechanical thrombectomy solutions for peripheral vascular diseases.
Advanced Micro Devices (AMD) notified competition authorities of its proposed acquisition of 100% of shares in ZT Group Int’l, an ODM of server and storage solutions for data centers. The transaction was notified on 22 November 2024.
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.
Fairbanks Morse Defense's Ohio unit American Fan received multiple purchase orders to supply cooling and ventilation fans for ten Flight III Arleigh Burke destroyers, via shipbuilder Ingalls Shipbuilding. Fans are made in Fairfield, Ohio.
Indeed Oilfield Supply, a Houston-based distributor of pressure control equipment, has acquired AWC Frac Valves, a Conroe, Texas manufacturer of API 6A frac valves, from Pelican Energy Partners. The business will operate as AWC Indeed.
Fairbanks Morse Defense's Hunt Valve operation received purchase orders totaling $96 million to supply ship service ball valves and forged high-pressure valves for 12 Virginia-class and five Columbia-class submarines.
MetalX, LLC plans to invest at least $250 million to develop an aluminum recycling plant in Defiance, Ohio, creating 180 jobs. The facility will include an aluminum scrap shredding and sortation plant and an aluminum rolling slab manufacturing plant.
John Bean Technologies Corporation (JBT) has completed its takeover of Icelandic food processing equipment manufacturer Marel. Shares of the combined company, JBT Marel Corporation, began trading on January 3, 2025 on the NYSE and Nasdaq Iceland.
Siemens is building a new production plant for 60-Hertz gas turbines at its existing facility in Charlotte, North Carolina, with an initial investment of approximately $135 million. Production is slated to start in the fall of 2011.
Caterpillar Inc. plans to significantly increase manufacturing capabilities and capacity for hydraulic excavators at a facility under construction in Victoria, Texas.
Bradken sold its Specialty Products North America (SPNAM) business to investment firm TerraMar Capital. SPNAM manufactures castings for defense, rail, and industrial markets.
Siemens, through its Dresser-Rand business, received an order for 11 HOS high-speed reciprocating compressors from a Permian Basin customer, bringing that customer's total since 2012 to 106 units.
McKinley Packaging, a subsidiary of Bio Pappel, has opened a 500,000 sq ft corrugated box manufacturing plant in Lancaster, Texas, its seventh US packaging plant, expected to employ about 125 people at full capacity.
Baker Hughes received an order from Bechtel Energy to supply gas technology equipment, including eight refrigeration compressors and eight expander compressors, for two liquefaction trains of Woodside's Louisiana LNG project with 11 Mtpa phase 1 capacity.
Ace Electronics Defense Systems was awarded a $3.6B indefinite-delivery/indefinite-quantity multiple-award contract by the U.S. Navy for SeaPort Next Generation engineering and program management support services. The contract was announced on January 2, 2025, and work is expected to be completed by January 2030.
One Equity Partners finalized its investment in EthosEnergy, a provider of aftermarket MRO and outsourced operations and maintenance for power generation and industrial customers. The company employs over 3,600 people across 23 global sites.
Boeing announced plans to expand its two existing campuses in North Charleston, South Carolina, with $1 billion in infrastructure updates, creating 500 jobs over five years. Operations are expected online in early 2027.
Becker-Warkop has commenced deliveries of 193 powered roof supports for Warrior Met Coal's newly constructed Blue Creek operation in Alabama, as part of a contract. This is the third set for Warrior Met and the fourth for the US market since 2022.
Sikorsky Aircraft Corp. was awarded a $111,636,011 firm-fixed-price delivery order for eight helicopter rotor hub assemblies in support of the CH-53K aircraft. Work will be performed in Stratford, Connecticut, with completion expected by August 2032.
Prolec GE Waukesha is expanding its Goldsboro, North Carolina facility with a $140 million investment, creating 330 jobs. The expansion will nearly double annual production capacity of medium power transformers from 220 to 420 units.
In early 2025, ArcelorMittal commissioned a new state-of-the-art electric arc furnace at its Calvert, Alabama facility, capable of producing 1.5 million metric tons of low-CO₂ steel annually.
DIAMANT Polymer GmbH acquired DIAMANT Polymers Inc. in Cincinnati, Ohio, on January 1, 2025, to expand into the North American market and plan future production of polymer products locally.
American Axle & Manufacturing (AAM) agreed to acquire Dowlais Group plc for approximately $1.44 billion in cash and stock, creating a leading global driveline and metal forming supplier.
SGB-SMIT Group has signed an agreement to acquire electrical component manufacturer and service provider Southwest Electric Co. in the United States, with closing expected in Q1 2025.
Nexeo Plastics entered into an agreement with Shell Polymers to distribute HDPE Injection and Blow Molding grades and LLDPE Film grades in the United States and Canada, starting January 1, 2025.
Engineered Foam Packaging announced a $31.5 million project to enlarge its Browntown Road plant in Bishopville, South Carolina by 200,000 square feet. The state granted a $750,000 infrastructure grant to Lee County.
DXP Enterprises acquired Arroyo Process Equipment, a Florida-headquartered distributor of pumps and process equipment, in Q1 2025.
PSG, an operating company of Dover Corporation, acquired Cryogenic Machinery Corp (Cryo-Mach), a US maker of cryogenic centrifugal pumps and mechanical seals, in Q1 2025.
GE Vernova announced plans to invest more than $160 million and hire more than 650 new employees at its Greenville, South Carolina gas turbine factory. The investment supports capacity growth, quality, industrialization and new hydrogen testing capabilities.
Tencarva Machinery Co. acquired Detroit Pump & Mfg. Co., a Warren, Michigan distributor of pumps and fluid handling equipment, expanding its reach into the Upper Midwest. Detroit Pump will retain its management team and terms were not disclosed.
AAON is investing $238.5 million to repurpose a 787,000-square-foot advanced manufacturing facility in Memphis, Tennessee, expanding production capacity for HVAC and data-center cooling equipment. The expansion is projected to create more than 800 new jobs.
GLE Scrap Metal acquired an interest in Mallin Companies, a 96-year-old family business operating two aluminum wire recycling lines in Kansas City, Missouri. The acquisition is effective December 31, 2024.
AIT Chemical, a sister company of AI Technology, announced its acquisition of Coral Industries, a specialty adhesive manufacturer based in Los Angeles County, California. Coral Industries develops custom adhesive products for aviation, defense, and other specialized applications.
Leesona, a subsidiary of Lohia Corp, acquired JJ Jenkins in the United States in 2024. No financial details were disclosed.
Bechtel Energy awarded Baker Hughes a liquefaction equipment order for Phase 1 of Woodside Energy's Louisiana LNG project, covering eight main refrigeration compressors and eight expander compressors for two units of about 11 mtpa combined. The final investment decision is expected next year.
Teledyne Technologies completed its acquisition of Micropac Industries, Inc. for $20.00 per share in cash, valuing Micropac at approximately $57.3 million. Micropac designs and manufactures microelectronic circuits, optoelectronic components, and sensor and display assemblies for military, aerospace, and medical applications.
Symbotic/GreenBox Systems plans to invest $144 million to build out 1,000,000 square feet of new space in Jackson, Georgia, creating 300 new jobs. The company expects to occupy the new space on or about November 1, 2025.
Baker Hughes received an order from Bechtel to supply gas technology equipment, including eight main refrigeration compressors and eight expander-compressors, for Phase 1 of Woodside's Louisiana LNG project, with a total capacity of approximately 11 MTPA.
Zebra Technologies has agreed to acquire Photoneo, a provider of 3D vision sensors and AI robotics software, from Photoneo Brightpick Group. The sale proceeds will be reinvested into Brightpick for global expansion.
Hexagon Agility, a business of Hexagon Composites, received an order worth USD 11.2 million from a leading U.S. oilfield services company for Mobile Pipeline TITAN 450 modules to convert well completion equipment from diesel to natural gas.
Honeywell secured a $92 million firm-fixed-price contract from the U.S. Navy to supply F/A-18 Hornet fighter jet spare parts, including landing gear wheels, rotor assemblies, and disk brakes. Work will be performed in South Bend, Indiana, with a five-year ordering period ending in December 2029.
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. The ordering period runs through July 22, 2026.
Empire State Development is partnering with ITT Inc. on up to $85 million in capital expenditure from 2025 to 2029 at its Seneca Falls, Onondaga and Erie County sites, creating up to 75 jobs. ESD is providing up to $3.25 million through the Excelsior Jobs Tax Credit.
Baker Hughes received an order from Bechtel Energy to supply refrigeration compressors, LM6000PF+ gas turbines and expander-compressors for two liquefaction plants with about 11 MTPA capacity in Phase 1 of Woodside's Louisiana LNG project.
The U.S. Department of Defense awarded Williams International a $253.7 million contract to expand gas turbine engine production for precision strike weapons including Harpoon, JASSM, LRASM, and Tomahawk.