Hydrotech, Inc. announced its acquisition of Isaacs Fluid Power Equipment Company, a fluid power distributor based in Mason, Ohio, with six locations in the Midwest. Isaacs will operate as a division of Hydrotech, and specific terms were not disclosed.
Dallas-based Singer Industrial acquired Arizona-based Hotsy Industrial Systems, a maker of pressure washers, air compressors, wastewater treatment systems and detergents, with financial terms undisclosed. Hotsy will operate within Singer's Fluid Power Division from its Tucson location.
EnergyLink International completed the acquisition of UECompression Inc., a Colorado-based designer and packager of engineered compression equipment. UECompression's president Keith Kern was appointed to lead the company.
EnergyLink International announced on 11 April 2023 that it has acquired UECompression Inc., a supplier and distributor of engineered-to-order compression equipment, and appointed Keith Kern as UECompression's president.
Magnum Venus Products (MVP) bought a facility and 17 acres of land in East Tennessee, consolidating its corporate office and Knoxville assembly and service center. The expected $20 million investment over five years is estimated to create 100 jobs.
Baker Hughes won a contract from Bechtel to supply four Frame 7 turbines, eight centrifugal compressors and two electric motor driven compressors for the first phase of Sempra's Port Arthur LNG project in Texas. The deal was announced on Monday, March 27, 2023, after Sempra's final investment decision on March 20. The price was not disclosed.
Baker Hughes won a Bechtel order to supply two main refrigerant compressors for Sempra Infrastructure's Port Arthur LNG Phase 1 project in Jefferson County, Texas, following final investment decision on March 20, 2023. The package includes four Frame 7 turbines, eight centrifugal compressors and two motor-driven compressors, for about 13 MTPA nameplate capacity.
Lexair Inc. will expand its Lexington, Kentucky operations with an $8.5 million investment, adding 35,000 square feet and creating 14 full-time jobs. The announcement was made on March 15, 2023.
Elgi Compressors USA Inc, a subsidiary of Elgi Equipment, entered an operating agreement to acquire a 33.33% stake in CS Industrial Services LLC, its exclusive distributor for ELGi compressors in Western New York, for about $125,000. Completion is expected by 31 March 2023.
Bailey International opened a new MVP (Motors, Valves, Pumps) Center in Grand Rapids, Michigan, with over 20,000 sq ft, stocking and manufacturing hydraulic motors, valves and pumps. The center follows Bailey's earlier acquisition of Hydrolico.
ZIEHL-ABEGG has broken ground on a €100 million production, logistics and R&D center on a 48,500 m2 site in Winston-Salem, North Carolina, for biomimetic energy-efficient fans. The article says the project will create hundreds of new jobs.
Valmet will supply a coated board machine for Graphic Packaging International's mill in Waco, Texas, with start-up scheduled for early 2026. The machine will have an annual capacity of about 500,000 short tons of coated recycled board. The deal value was not disclosed.
Poclain invested $25 million in capital expenditure over two years at its Yorkville, Wisconsin plant, including a building extension and new motor and pump assembly line to meet demand.
Iowa approved a $310,000 award for Mobile Track Solutions to improve its Elkader facility, with a capital investment of $11.45 million and 30 new jobs, scheduled for completion in Q1 2025.
Bobcat Company completed a $9.3 million investment in automated punch press technology at its Gwinner, North Dakota plant, built with AP&T North America, and added $1.2 million in building upgrades. The new line began production and is expected to more than double press capacity.
Bosch Rexroth completed its acquisition of HydraForce, a US compact hydraulics specialist, after antitrust approval. HydraForce will be integrated into Bosch Rexroth's Compact Hydraulics Business Unit.
Ingersoll Rand Inc. bought Paragon Tank Truck Equipment, a Catersville, Georgia maker of blowers and pumps for tank truck loading, in an all-cash deal of about $40 million. Paragon has around 55 employees and revenue above $25 million.
Massman Companies, a packaging machinery maker based in Villard, Minnesota, acquired Ultra Packaging Inc., a privately held designer of automated cartoning machines based in Chicago, Illinois. The announcement was dated January 17, 2023.
Fluid power and industrial automation distributor Triad Technologies completed its acquisition of Industrial Service Products, LLC, expanding its Illinois presence. Terms were not disclosed.
Atlas Copco acquired the operating assets of Northeast Compressor, a seller of air compressors and services to industrial customers in upstate New York, strengthening its geographic coverage there; the price was not disclosed.
General Machine and Tool Company will invest $3.7 million to expand manufacturing at its headquarters in Elizabethton, Tennessee, creating 25 new jobs in Carter County. The expansion follows its acquisition by Cinco Research Corporation in February 2022.
NOVAIR USA plans to invest more than $1 million and add 12 jobs at its North Tonawanda, New York plant to expand oxygen and nitrogen generator manufacturing, including moving some production from America Energy in Miami.
Ziehl-Abegg is investing 100 million euros in a new 46,500 m2 US production plant in Winston-Salem, North Carolina, expected ready for occupancy in 2024, with the existing Greensboro site relocated there in 2025.
GEA began construction of a 85,000 square foot repair, logistics, assembly, production and training facility in Janesville, Wisconsin. The investment is about USD 20 million, over 70 jobs are expected, and opening is scheduled for late 2023.
Edwards, part of Atlas Copco, is building a new dry vacuum pump factory for semiconductor manufacturers in Genesee County, New York. Phase one is a $127 million project; the total over seven years is $319 million, creating about 600 jobs.
Atlas Copco Compressors has acquired the operating assets of Compressed Air Products, Inc. (CAP), a longtime distributor based in Newnan, Georgia, which will become a direct branch. Twenty people will join Atlas Copco; the price was not disclosed.
Atlas Copco acquired the operating assets of the compressor business of Mesa Equipment & Supply Company in Albuquerque, New Mexico, adding 19 employees to its Compressor Technique service division. The purchase price was not disclosed.
Bosch Rexroth intends to invest in its mobile hydraulics site in Fountain Inn, South Carolina, to develop electrification of mobile machinery and related software. No investment amount was disclosed.
Aerzen USA has agreed a transaction to acquire Vooner FloGard Corporation, a manufacturer of vacuum pumps and vacuum systems based in North Carolina, facilitated by Benchmark International. The article gives no deal value.
T/CCI Manufacturing will invest over $20 million to retool its Decatur, Illinois facility for electric compressor manufacturing, creating more than 50 new jobs and retaining 103 positions, backed by Illinois REV tax incentives.
Bauer Compressors received an order from Prodeval for multiple containerized GRU 28-250 biogas boosting compression systems to be used on US dairy farms.
Helios Technologies signed a definitive agreement to acquire the assets of Daman Products Company, a Mishawaka, Indiana maker of precision hydraulic manifolds and integrated packages. The purchase price was not disclosed.
Festo U.S. announced a new Global Production Center at its 47-acre campus in Mason, Ohio, scheduled to begin production by year end 2022, its first such center in North America.
Ingersoll Rand agreed to acquire Holtec Gas Systems, a nitrogen generator manufacturer in Saint Charles, Missouri with about $10 million annual revenue. It is one of three acquisitions announced on 1 August 2022 for a combined cash price of about $35 million.
Nikkiso Clean Energy & Industrial Gases Group has added a Houston, Texas facility that manufactures and delivers ambient air vaporizers, now operational with customer deliveries underway.
D'Hondt Thermal Solutions (DH-TS) was awarded by KZJV the design and manufacture of modularized air-cooled heat exchangers for the Plaquemines LNG facility in Louisiana owned by Venture Global. Engineering will be in France and manufacturing in Korea.
Mettler-Toledo Rainin bought a new facility in Vacaville, California for $20.25 million at the end of June 2022 and plans to open it there. The announcement was reported on July 14, 2022.
Anduril Industries will invest $60 million in a new manufacturing and research facility at 1435 Hills Place Northwest in Atlanta, Georgia, creating more than 180 jobs in Fulton County over three years. The site will house Area-I, its unmanned aircraft systems subsidiary.
Welch Packaging reported an expansion of its Indianapolis operations with a new 98-inch Fosber corrugator. The announcement was made in July 2022.
Bosch Rexroth, a Bosch subsidiary based in Lohr am Main, Germany, agreed to acquire US hydraulic valve maker HydraForce, with the purchase price undisclosed and subject to antitrust approval. The contract was signed on 15 July 2022.
Tellurian awarded Baker Hughes a contract for electric-powered ICL compressors and turbomachinery for the 37-mile Lines 200 and 300 natural gas pipeline in Louisiana that will supply the Driftwood LNG plant. The equipment will cost $240 million.
Howden was awarded a contract to supply three hydrogen diaphragm compressors for Raven SR's renewable hydrogen production facility in California, US.
Baker Hughes was awarded a contract by Tellurian's Driftwood Pipeline to supply electric-powered Integrated Compressor Line technology and turbomachinery for Lines 200 and 300 in southwest Louisiana, part of a $240 million pipeline investment.
Illinois-based Rockford Spring Company will invest $10.3 million to locate new manufacturing operations in an existing facility at 1100 Garrett Parkway in Lewisburg, Marshall County, Tennessee, creating 62 jobs. The announcement was made on June 16, 2022.
Innovative Hydraulics was awarded a $11.3 million contract to design and manufacture custom hydraulic cylinders for the intake gates of McNary Dam in Umatilla, Oregon, supporting Knight Const. & Supply under the U.S. Army Corps of Engineers.
The Department of Defense, through Puget Sound Naval Shipyard IMF, posted a solicitation on June 7, 2022 to lease two 5000-psi air compressors in Bremerton, Washington, with responses due June 22, 2022.
Eastey, a shrink-packaging equipment maker owned by Engage Technologies, moved its sealer and tunnel manufacturing into a 50,000 sq ft building in Big Lake, Minnesota, announced June 1, 2022.
Automation machinery maker Mühlbauer Inc., the US subsidiary of Germany's Mühlbauer Group, will invest $9 million to upgrade its Oakland Industrial Park facility in Newport News, Virginia, adding production equipment and creating 32 jobs.
Novair, a French in-house gas systems manufacturer, acquired America Energy Inc., a Florida-based maker of air compressors and medical gas systems, effective May 20, 2022. Terms were not disclosed.
Dover agreed to acquire Malema Engineering, a Boca Raton, Florida designer of high-precision flow-measurement instruments for biopharma and semiconductor production, announced May 9, 2022. Malema will join Dover's PSG business unit within the Pumps & Process Solutions segment.