Process Control Solutions, a process equipment distributor and systems integrator, has acquired Durkin Equipment Co., a St. Louis provider of systems integration and process instrumentation. The acquisition was official on August 18, 2018.
SMC Corporation of America plans to break ground in summer 2018 on a 1.0 million square-foot warehouse at its North American headquarters in Noblesville, Indiana, estimated at $67.8 million. The project is projected to add 92 jobs within five years.
SMC is investing an estimated USD 67.8 million in a new warehouse adjacent to its North American headquarters in Noblesville, Indiana, increasing warehouse space by 30% and production capacity and adding 92 jobs over five years.
Festo US plans to invest about $90 million to expand its service and manufacturing center in Mason, Ohio by 350,000 sq ft, tripling production, logistics and training capacity. Construction is due in two phases through 2024 and the company plans to hire 350 workers.
Sealed Air selected PTC's ThingWorx platform to improve operational efficiency across its value chain and connect plant assets.
Emerson will invest $15 million to expand production at its Rosemount measurement and analytical equipment facilities in Chanhassen, Minnesota, creating 80 manufacturing and support jobs over three years, supported by state grants.
IMI Precision Engineering agreed to acquire Bimba, a maker of pneumatic, hydraulic and electric motion products with a US distributor network, for $198 million. Completion is expected in early 2018 subject to merger clearance and ESOP approval.
IMI plc agreed to acquire Bimba Manufacturing Company for US$198 million, announced on 14 December 2017, and has since completed the acquisition to strengthen its US industrial automation position.
Emerson will invest $15 million to renovate its Chanhassen, Minnesota manufacturing facility, converting 30,000 square feet of offices into production space for Rosemount measurement equipment and hiring 80 workers over three years.
Fluid power distributor Triad Technologies of Vandalia, Ohio acquired Cincinnati-based industrial automation and sensing distributor Rilco Industrial Controls and its subsidiaries.
Emerson selected Caltrol as the new provider for former Pentair Valves & Controls products and support in California, Arizona, Nevada and Hawaii, effective 5 July 2017. Emerson purchased the business unit from Pentair on 28 April 2017.
Integrated Power Services (IPS), a motor and generator repair and distribution provider, signed a partnership with Gefran Drives and Motion Control Group to offer drive and motion control products and services in North America. The agreement was announced on June 14, 2017.
Exotic Automation & Supply, a Michigan fluid power distributor, acquired Sidener Engineering, a Noblesville, Indiana fluid power and safety products distributor; Amherst Partners advised the buyer.
Sumitomo Heavy Industries has acquired Wakefield, Massachusetts-based Persimmon Technologies, adding vacuum robotics and Hybrid-Field electric motor technology to its portfolio.
Wood Group has been awarded a three-year contract worth $8 million to provide process automation engineering services as main automation contractor to TPC Group's Texas and Louisiana facilities.
Emerson Process Management has opened a $30 million Americas headquarters for valve automation technologies and a highly automated manufacturing facility in Houston. The facility serves the oil and gas and petrochemical industries.
Graphic Packaging International will supply a QuikFlex 2100 beverage cartoning machine to City Brewing Company's Memphis, Tennessee packing site. The variety pack line adds 9.5 million cases a year to the plant's 50 million case capacity.
Emerson is expanding its ASCO operations in Aiken, South Carolina, with more than $8 million of capital investment and 86 new jobs. The site will consolidate regional cylinder, motion control and accessory product lines.
Ohio Transmission Corporation, an industrial equipment distributor based in Columbus, Ohio, acquired C & C Industrial Sales (Gallatin, Tennessee) and Midway Industrial Supply (Minneapolis, Minnesota). Both become divisions of OTP Industrial Solutions, which sells spray finishing, sealant, adhesive, automation and fluid power systems.
Wood Group won a USD 40 million contract from ExxonMobil Chemical to provide main automation contractor services, covering detailed design and construction of process control systems for a new polyethylene plant in Beaumont, Texas.