Synalloy has acquired DanChem for $32.95 million in a deal that it described as “a pivotal step forward … as we plan to significantly scale and accelerate profitable growth within our chemicals segment”. Both companies are based in Virginia. The 120 employees will all transfer.

Alongside city and Commonwealth of Virginia officials, Ampac Fine Chemicals (AFC) has announced that it will invest over $25 million to expand the capabilities of its former Boehringer Ingelheim plant at Petersburg Industrial Park in Petersburg. The site, which Ampac acquired in 2016 and brought back into operation in 2019, was chosen over others in California and Texas