Tungaloy Corporation and NTK Cutting Tools announced that, effective January 1, 2027, NTK Cutting Tools will merge with Tungaloy. The integrated organization will operate under the Tungaloy name while retaining the NTK Cutting Tools brand. Plans include a new headquarters and manufacturing facility in the Nagoya area, Japan.
HORKOS CORP and Meltio announced the launch of the NX70 DUO version AM, a twin-head machining center combining metal additive manufacturing and high-precision cutting, on October 21, 2026; one unit has already been sold to a key industrial customer.
Yamazaki Mazak and ABEJA announced a joint development agreement on October 16, 2026, to implement physical AI on manufacturing floors, including AI agents for machining optimization, production scheduling, and robot behavior learning, with commercialization targeted by end of fiscal 2028.
Makino Milling Machine has started operations at its new Fujiyoshida Factory in Yamanashi Prefecture, Japan. The factory, with a site area of about 27,500 sqm, will produce 21 of the company's 101 machine models, focusing on large machining centers and 5-axis machines to meet growing demand from aerospace, defense, and data center sectors.
Ebara Elliott Energy was awarded an order from Kawasaki Heavy Industries to supply liquid hydrogen booster pumps and cryogenic hydrogen return gas blowers for the Kawasaki LH2 Terminal demonstration in Kawasaki City, Japan. The project is led by Japan Suiso Energy and backed by NEDO.
Comer Industries agreed to acquire a majority of Nabtesco's hydraulic equipment unit through a newco it will hold 70% of, for around EUR 85 million. Closing is expected by the end of Q4 2025, subject to approvals.
Seiko NSK plans to invest 30 billion yen over five years to increase production of bearings for electric vehicles, including at its Ishibe Plant in Konan City, Shiga Prefecture. The plan was reported on 29 December 2022.
Kanto Seiki announced a new building at its Eda factory in Maebashi, Gunma, to raise production capacity and productivity, with about ¥700 million investment and completion planned for August 2023.
Kobe Steel and Miura announced that their capital and business alliance, under which Miura acquires shares of Kobelco Compressors to form a joint venture, will take effect on January 5, 2022, under a signed MOU.
Harmonic Drive Systems will invest about JPY6.5bn (USD70 million) at its Ariake plant in Nagano Prefecture to raise strain wave gear output from 150,000 to 220,000 units per month by August 2022.
Kobe Steel announced a change in the effective date of its capital and business alliance with Miura, under which Miura acquires Kobelco Compressors shares to form a joint venture.
Kobe Steel and Miura Co. concluded final agreements under which Miura invests in Kobe Steel's subsidiary Kobelco Compressors and Kobe Steel invests in Miura, forming a capital and business alliance in standard air compressors.
Kobe Steel concluded an absorption-type company split agreement transferring its standard compressor business to its wholly owned subsidiary Kobelco Compressors, with effect planned for July 1, 2021. A planned capital and business alliance with Miura, creating a joint venture, is still being finalized.
Kobe Steel and Miura Co. signed a basic agreement on March 5, 2021 under which Miura would acquire 49% of Kobelco Compressors after the company split, making it a joint venture.
Kobe Steel announced on March 5, 2021 that it will transfer its standard compressor business to its wholly owned subsidiary Kobelco Compressors through a simplified absorption-type company split.
Burckhardt Compression has acquired the global compressor business of The Japan Steel Works (JSW). The deal value was not disclosed in the article.
Japanese bearing maker NSK is launching a new plant in Fujisawa, Kanagawa, this autumn to produce very large bearings used in railways and wind power generation.
Yamaha Outdoor Power agreed to acquire Subaru Industrial Power Products, taking over three multi-purpose V-Twin engine models after Fuji Heavy Industries ceases their production. The deal is expected to be completed by October 1, 2017.