The US Justice Department reached a settlement allowing Danfoss to buy Eaton's hydraulics business, with orbital motor and hydraulic steering assets to be sold to Interpump Group. The deal was originally announced in January 2020 at $3.3 billion and is expected to close around August 1, 2021.
Kval Inc., a door machinery manufacturer, is partnering with Titan Development on a 52,500-square-foot build-to-suit manufacturing facility at Titan's Innovation Business Park Phase 2 in Hutto, Texas. The announcement was made on July 13, 2021.
Global Compression Services opened a new 5,000 sq ft machine shop in Washington, Pennsylvania, in the Marcellus Shale region to repair and machine natural gas compressor parts. It is part of the company's planned expansion into the Marcellus and Utica market.
Chicago-based Milton Industries, a pneumatic and hydraulic accessory maker, announced it is acquiring National-Spencer and the Zee Line brand of lube and fluid management products. National-Spencer has facilities in Wichita, Kansas, Spencer, Iowa, and Stockton, California.
Marotta Controls, a New Jersey aerospace and defense supplier, announced it has integrated additive manufacturing into its services and validated it with a patented selective laser sintering method for a manifold valve.
Supreme Integrated Technology (SIT) of Harahan, Louisiana, has acquired the assets of C.S. Controls, a Houma, Louisiana manufacturer of marine systems such as steering gears, cranes and winches. C.S. Controls joins Employee Owned Holdings.
SAMSON USA, headquartered in Baytown, Texas, has completed installation of a Flexible Manufacturing System with 2 horizontal machining centers and a 24-pallet robotic loading system built by MCM of Italy, increasing its manufacturing capacity.
IDEX Corporation completed its acquisition of Airtech Group, Inc. and US Valve Corporation from EagleTree Capital, adding vacuum pumps, blowers, compressors and valves to its Health & Science Technology segment.
California-based Stewart Tool Company will invest $9.1 million to establish its first East Coast manufacturing operation in Fluvanna County, Virginia, renovating a former Kloeckner Metals facility and creating 22 jobs.
Hydro-Gear, a power equipment drive systems manufacturer, is locating a new operation in Huntingdon, Tennessee, expected to create 375 new jobs.
MHI Compressor International will supply four compressors and two steam turbines for a revamp and expansion of Koch Fertilizer's ammonia plant in Fort Dodge, Iowa, increasing ammonia capacity by 85,000 tons per year.
SemiTorr, backed by Transom Capital Group, acquired McKenna Engineering & Equipment Co, a distributor and installer of process equipment for air, gas, liquids and dry bulk solids serving California and Nevada. No financial terms were disclosed.
Atlas Copco acquired the operating assets of MidState Air Compressor, a distributor and service provider based in Berlin, Connecticut, covering Connecticut, Rhode Island and Massachusetts. The purchase price was not disclosed.
Optinova inaugurated its Optinova Valley Forge plant in Plymouth Meeting, Pennsylvania, a 95,000 sq ft facility for specialty industrial tubing with 11 extrusion lines running at opening and capacity for over 20.
Northwest Pump bought the assets of D.R. Smith Co. (Air Compressor Service) in Everett, WA, effective May 1, 2021, adding seven staff and an 18th branch.
SPX FLOW signed a definitive agreement to acquire mixing equipment maker Philadelphia Mixing Solutions from Thunder Basin Corporation in an all-cash deal valued at $65 million, expected to close in Q2 2021. The target is based in Palmyra, Pennsylvania.
Atlas Copco Gas and Process has received an order from Plug Power for two nitrogen compressors and eight turboexpanders for two 15 TPD hydrogen liquefaction plants in Texas, due for delivery in Q2 2023.
DXP Enterprises completed its acquisition of Total Equipment Company (TEC), a distributor of aftermarket and service capabilities, announced March 29, 2021. Financial terms were not disclosed.
Munters Group AB will invest $36 million in a 365,000 sq ft facility at Botetourt Center at Greenfield, Virginia, to replace its Buena Vista plant. The company plans to retain its approximately 200 workers.
The US Navy's Navfacsyscom Southwest office posted a sole-source justification for Gardner Denver air compressor systems to replace earthquake-damaged equipment at Naval Air Weapons Station China Lake, California.
Amarillo Gear has added a new Hyundai 600 mm horizontal machining center to its production line in Amarillo to increase capacity for pump drive and smaller cooling tower gearbox models. The article is dated March 2, 2021.
Motion & Control Enterprises, a Frontenac portfolio company, acquired Diversified Air Systems, an Ohio air compressor distributor, and Swanson Flo, a Minnesota process instrumentation distributor. LBC Credit Partners agented a senior secured credit facility to support the deals. The article is dated 22 February 2021.
KKR agreed to acquire Flow Control Group, a Charlotte-based maker of pumps, valves and air compressors, from Bertram Capital. Terms were undisclosed, though a source said the deal values the company above $1 billion including debt.
Moog will invest $10.7 million to move existing jobs and equipment from Blacksburg to a larger building in Falling Branch Corporate Park in Montgomery County, Virginia, adding 80,000 square feet and 75 new jobs.
Regal Beloit and Rexnord agreed to combine Rexnord's Process & Motion Control segment with Regal through a tax-free spin-off and Reverse Morris Trust transaction, creating a power transmission provider with about $4.1 billion pro forma 2020 revenue and $120 million targeted annual cost synergies.
MCE, a fluid power and lubrication supplier based in Zelienople, Pennsylvania, acquired Swanson Flo, a regional distributor of process instrumentation and flow control valves based in Plymouth, Minnesota, with 92 employees.
Corken Inc. will expand its Oklahoma City facility and relocate operations from Chicago, consolidating with Liquid Controls under the name Advance Flow Solutions. The plan creates 120 jobs over five years and seeks an incentive of up to $300,000 from the city.
Sullair completed a roughly $30 million expansion in Michigan City, Indiana, including a new 80,000-square-foot fabrication shop that increased compressor manufacturing capacity and added more than 25 full-time jobs. The project was completed in February 2021 and reported on its first anniversary.
Busch Vacuum Solutions USA acquired the vacuum pump, blower and service business of Jennings Associates (dba Jennings Alberts), a distributor in the Eastern Central Region of the US. Jennings Alberts co-owners Bill Altier and Lisa Dugery joined Busch as managers.
Ingersoll Rand completed its acquisition of Tuthill Vacuum and Blower Systems, a division of Tuthill Corporation based in Springfield, Missouri, for $184 million in cash. The unit makes MD Pneumatics and Kinney Vacuum Pump products.
Lane Supply Holdings, the Denver-based industrial distributor, announced the acquisition of Palmetto Compressors, Inc. and Fountain Inn Mechanical, Inc., expanding its compressed air business into the Southeast US on January 19, 2021.
Four gas compressor parts and services companies, H&S Valve, Ignition System and Control (ISC), Global Compressor and Potemkin Industries, combined to form Global Compression Services, operating from 11 locations serving US shale plays.
Promess, a Michigan maker of sensing and motion control equipment, bought a 45,000-square-foot facility on Lochlin Drive in Green Oak Township and plans to move its Brighton manufacturing there by end of March, with a $4-5 million investment and about 20 new jobs.
Innovative Hydraulics LLC has been awarded a contract to design and manufacture fluid power products for NASA's exploration ground systems supporting the Artemis program. The systems move the SLS rocket to the launch site at Kennedy Space Center.
Green Bay Packaging awarded Voith a contract for a complete 300-inch testliner production line for a new PM 4 at its Green Bay, Wisconsin site, targeting start-up in early 2021. The package includes paper machine, effluent treatment, stock preparation and a seven-year roll management contract.
MFCP, a Parker Hannifin distributor, acquired Controlled Motion Solutions (COMOSO), Parker's largest tri-technology distributor in the Southwest, with ten locations in California, Arizona and Nevada. The deal was announced on December 7, 2020.
Cleveland private equity firm CapitalWorks completed a majority investment in Electromechanical Research Laboratories (ERL) of New Albany, Indiana, and its subsidiary Law Valve of Texas. ERL makes pumping, gauging and venting equipment for tank barges.
Quincy Compressor acquired Scales Industrial Technologies, based in Carle Place, New York, which operates five locations in NY, NJ, PA, CT and MA. The deal was announced on April 14, 2016.
Packaging equipment manufacturer Viking Masek is expanding its Oostburg, Wisconsin facility to double production. It is the third expansion of the site in five years, reported on December 1, 2020.
Ingersoll Rand has agreed to acquire the assets of Tuthill Vacuum and Blower Systems from Tuthill Corp in an all-cash transaction valued at US$184 million.
SeaTac Packaging has taken delivery of a BOBST EXPERT CI wide-web flexo press, installed at its new Tacoma, Washington facility as part of a multi-million-dollar investment that created new jobs.
FirstElement Fuel Inc. ordered a vertical non-lube API-618 hydrogen compressor package from Burckhardt Compression for its upcoming hydrogen transfill facility in Northern California. The unit will be manufactured in Pune, India.
Lufkin Industries completed its acquisition of Schlumberger's North American Land Rod Lift Business, a provider of rod lift products and services with brands including Don-Nan and Shores Lift Solutions.
Voith has been contracted by Domtar to deliver equipment and technical services for converting the paper machine at its Kingsport mill in Tennessee to recycled containerboard. The mill is expected to be complete in 2022 and will produce 600,000 tonnes of linerboard and corrugated medium per year.
McKinley Paper will receive a $5 million state Local Economic Development Act grant to build a new boiler, water systems and wastewater treatment in McKinley County, New Mexico, retaining at least 125 jobs after its power supply closed.
Chicago-based private-equity firm Capital Concepts Holdings, LLC acquired QCC, a precision machining, assembly and testing services provider. The announcement is dated 29 April 2021.
QCC LLC acquired the Woodward EFC (Electronic Fuel Control) product line, supporting continuity of supply for industrial, mobile off-highway and energy customers. The announcement is dated 16 December 2024.
Alfa Laval has won an order worth nearly $15 million to supply a pretreatment processing line, including high-speed separators and heat exchangers, to HollyFrontier for renewable diesel production in the U.S. Delivery is scheduled for 2021.
ELGi USA, a subsidiary of Elgi Equipments, formed G3 Compressors, LLC, a North Carolina joint venture with 50% ownership held by Chad Gooding, with a proposed total investment of $100,000 in Class A shares.
SKF will consolidate its factories in Avon, Ohio and North Charleston, South Carolina into its Sumter, South Carolina factory, reducing staff by about 115 with restructuring costs of $4 million. The changes take about 12 to 18 months.