It’s just business: Manufacturing moves from StandardAero, Motion Industries, Paris Baguette and more

In our latest digest of recent acquisitions, expansions and partnerships in the manufacturing sphere, three companies are expanding by building new plants, and two are making strategic moves to enter the North American market, either by buying relevant competitors or building new factories. Read on for a selection of recent business moves in manufacturing.

Acquisition: Motion Industries, Inc. announced November 4 it had acquired Sunset International, an industrial distributor based on California, for an undisclosed price. The acquisition will add Sunset’s power transmission and industrial lubrication distribution to Motion Industry’s own industrial distribution business, as well as Sunset’s service offerings: make-to-order parts, repair,s inventory management, safety training and parts delivery.

Expansion: Paris Baguette is building its first U.S. manufacturing plant in Burleson, Texas. The $160 million facility will make and bake the South Korean bakery chain’s bread and cakes. In a company statement, CEO Darren Tipton said the new expansion would be “the foundation of Paris Baguette’s future in North America” and added it would be operational by 2027.

Acquisition: Cerealto announced November 4 it had purchased Fresca Foods for an unspecified price. The purchase gives Cerealto a foothold for producing its snack bars, granola, breakfast cereals, crackers and cookies in the U.S. via Fresca’s Boulder and Denver, Colorado factories. According to Cerealto CEO Bosco Fonts, the company will make an estimated 20% of its sales through North America after the purchase is complete.

Expansion: StandardAero broke ground on a 70,000-square-foot expansion of its Winnipeg, Manitoba facility November 10. According to a company statement, the investment will support production of StandardAero’s CF34-3/8 engine, used by the Embraer E175 and MHIRJ CRJ700 jets, as well as the CFM56-7B, used in the Boeing 737 NG and P-8A Poseidon. Though the expense of the expansion was not listed, StandardAero noted the Manitoba provincial government would contribute $3 million.

Expansion: Codexis, Inc. announced November 10 it had signed a lease on a new 34,000 square-foot pharmaceutical plant in Hayward, California, near San Francisco. According to a company statement, the facility will let Codexis expand its manufacturing of short interfering RNA (siRNA) and other oligonucleotides for pharmaceutical development. According to CEO Alison Moore, the new facility will let the company support its clients’ quick entry into clinical trails.