Novo Holdings Leads $200M investment in Esco Lifesciences Group

Novo Holdings today announced that it has co-led with Vivo Capital the over-subscribed US$200 million Series A and Crossover round in Esco Lifesciences Group (“Esco”), a leading provider of life sciences tools and services. The financing will enable Esco to strengthen its position through organic and external growth and transformation, as well as invest in China, thus addressing some of the most dynamic market segments and geographies. Other investors include two Asian sovereign wealth funds and Singapore-based global investor, EDBI.

Novatek Requalified as an “Approved Supplier” for Boehringer Ingelheim Aseptic Manufacturing Facilities

Novatek Requalified as an approved supplier for Boehringer Ingelheim, a global leader in healthcare. Novatek regulatory compliant quality solutions is used at Boehringer Ingelheim for its human pharma, animal health and biopharmaceutical aseptic (sterile) manufacturing sites worldwide.

Freudenberg Medical Expands Costa Rica Operations

Freudenberg Medical, a global contract design and manufacturing provider to the medical device industry, is expanding its manufacturing operations in Alajuela, Costa Rica. The expansion project adds 8,600 square feet to the existing facility which includes construction of an additional ISO Class 7 cleanroom for catheter manufacturing and assembly, molding, extrusion, and packaging, as well as added office space. New technology includes an advanced thermoplastic extrusion line which can produce tubing from 4 inches to 170 inches long with capacity of up to 1 million parts per month, plus additional injection molding machines.

Intel to Invest $3.5 Billion to Expand New Mexico Manufacturing Operations

Intel Corporation will invest $3.5 billion to equip its New Mexico operations for the manufacturing of advanced semiconductor packaging technologies, including Foveros, Intel’s breakthrough 3D packaging technology. The multiyear investment is expected to create at least 700 high-tech jobs and 1,000 construction jobs and support an additional 3,500 jobs in the state. Planning activities begin immediately, with construction expected to start in late 2021.

Controlled Environment Systems Acquires Western Environmental Corporation

Controlled Environment Systems, LLC, a market leader in thermal construction and design of special environments, such as cold storage facilities and pharmaceutical / biotech cleanrooms, today announced its acquisition of Western Environmental Corporation (WEC), a company that designs, engineers, installs and certifies cleanrooms, coordinate measuring machine (CMM) enclosures, metrology labs, and environmental chambers that support various mission critical applications.

UniFirst Donates Over $1 Million Worth of PPE to the Greater Boston Food Bank

UniFirst Corporation (NYSE:UNF), a North American leader in the supply and servicing of uniforms, workwear, and facility service products, announced today their donation of over a million dollars worth of protective face masks and hand sanitizer to The Greater Boston Food Bank (GBFB).

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