Orange Co announced a significant capital investment in RWN Pump & Fabrication to modernize facilities, add automation and expand production lines. The amount was not disclosed.
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.
Iowa approved a $318,000 award for Puck Customer Enterprises to invest in new equipment at its Manning facility, a $6 million capital investment expected to create 40 jobs by December 2025.
Iowa Economic Development Authority approved a $1.15 million award for Clow Valve Co. to modernize its Oskaloosa facility with new equipment and automation, a capital investment of over $68 million due by December 2024.
Audax Private Equity completed a strategic growth investment in Flow Control Holdings, a Chicago-based supplier of sanitary and high-purity flow components for food, beverage and pharmaceutical producers. Financial terms were not disclosed.
Trillium's Pumps USA facility in Fresno, California has approved a multi-million dollar investment in solar panels, with over 2,700 panels to be installed, expected to be completed later in 2021. The approval was reported January 7, 2021.
Milwaukee Valve in Prairie du Sac, Wisconsin rebuilt two air compressors and bought two new ones with variable frequency drives, supported by a Focus on Energy incentive of nearly $62,000. The upgrades are expected to save $27,000 a year in energy costs.
NIBCO, the Elkhart, Indiana valve and fittings maker, is in the midst of a $100 million capital investment in its facilities over four years. Four facilities, including Blytheville, Arkansas, are undergoing expansions totaling 350,000 square feet.
NIBCO, the Elkhart, Indiana valve and fittings maker, is midway through a $100 million capital investment in its facilities over four years, including expansions at four plants totaling 350,000 square feet.