Persico S.p.A acquired CHH, Inc. (d/b/a Precision Mold Services), a U.S. rotomoulding service provider based in Minnesota. The transaction closed on April 20, 2023.
Zoomlion's R2000-720 tower crane, the world's largest with 20,000 t/m rated torque and 720-ton capacity, rolled off the production line at its Tower Crane Intelligent Factory in Changde, China.
Rhino Inc. plans to construct a 213,543 square foot manufacturing facility in Suwannee County, Florida, to expand its Wave Armor floating dock line and produce Rhino Tuff Tanks. The $17.125 million investment is expected to create 50 new jobs, with groundbreaking in early May 2023 and completion by spring 2024.
Haitian International held a groundbreaking ceremony on April 20, 2023, for a new production plant in Ruma, Serbia. The plant will have a total area of 250,000 square meters and is scheduled to begin operations in the first quarter of 2025.
WEIG Packaging, a folding carton printer in Emskirchen, concluded a further Equipment-as-a-Service subscription contract with Heidelberger Druckmaschinen and Munich Re Group companies, billed per printed sheet. The contract was signed at the beginning of 2023.
Claydon Yield-o-Meter Ltd completed a new purpose-built building at its site in Wickhambrook, West Suffolk, more than doubling production capacity and creating numerous jobs. The expansion was supported by a £267,400 grant and announced on April 19, 2023.
Asia Pulp & Paper (APP) Sinar Mas has partnered with Tietoevry to implement TIPS Industry Solutions and Services integrated with SAP for digital business modernization in its Indonesian pulp, paper and tissue mills. The agreement covers defining and building a Manufacturing Execution System.
Pöttinger officially opened the second hall of its new rake and baler plant in St Georgen, Austria, after 1.5 years of construction. The €35 million expansion adds 7,900 m² and a new paint line, doubling production area and creating 60 jobs with 50 more planned.
Manitowoc's plant in Niella Tanaro, Italy, has expanded its manufacturing capability to include production of the Grove GRT8120 and GRT8100-1 rough-terrain cranes. The plant already builds Grove rough-terrain and Potain self-erecting cranes.
Advanced Chemical Etching (ACE) has installed two Chemcut etching machines at its Telford facility and agreed a deal on two further machines to be operational by end of 2023, aiming for £10m in sales by mid-2024.
HUBER SE inaugurated its new production hall P3 at its headquarters in Berching/Erasbach, Germany, on 19 April 2023. The expansion lays the foundation for further growth and secures jobs.
Piller Blowers & Compressors is selling its hot gas circulator business unit, including two fan series, to Karl Klein Ventilatorenbau effective 1 June 2023. Piller will focus on blowers for steam compression.
Trelleborg has decided to invest SEK 300 million in a new production plant for sealing solutions in India, to be built on land acquired in the Bengaluru area. Production is set to start in the first half of 2026, raising capacity by more than 60 percent.
CASE Construction Equipment has invested $6.5 million to move production of 4,000 skid steer loaders annually to its Pithampur, India facility. The plant already produces 15,000 units per year and exports to over 75 countries.
Liebherr-Werk Bischofshofen GmbH put a new logistics centre into service in April 2023 in Bischofshofen, Austria. The €26 million facility includes an automated warehouse with space for over 12,000 pallets and 33,500 small load carriers, supporting increased wheel loader production.
HANSA-FLEX AG has acquired Knapheide, a hydraulic systems supplier to German machinery makers with about 400 employees and revenue in the high double-digit millions of euros, as a strategic investment in mid-April 2023. Knapheide keeps its name and sites.
Thyssenkrupp Elevator opened an escalator production facility in Kocaeli, Turkey, as part of a EUR 20 million investment. The facility has an initial annual capacity of 1,200 units.
Kongshavn Industri AS received a comprehensive order from Aker Solutions to produce the TOGI PLT (Troll-Oseberg gas injection Pull in Tool), including subsea tools, a porch structure, and test facilities. The project will be completed in May 2024, with the PLT ready for the summer campaign 2024.
Seco Tools, based in Fagersta, Sweden, acquired Premier Machine Tools Ltd. (PMT) of Kildare, Ireland, a supplier of machining technology for the medical industry. PMT will continue to operate independently under its own brand.
LISI Aerospace installed and commissioned a forging cell from Schuler, including a 2,100-tonne screw press and a 250-tonne trimming press, at its production site in Bologne, France, for producing turbine blades for the aerospace industry.
Mechan International, part of the Netherlands' Zweegers Equipment Group, acquired Toromont subsidiary AgWest Ltd. in Manitoba, Canada, which will continue operating under the AgWest name and selling AGCO brands.
Nidec Minster Corporation broke ground on a 23,900 sq. ft. expansion at its headquarters in Minster, Ohio. The $25 million project includes two new bridge mill machining centers and climate control for the largest machining bay.
Hyundai Mipo Dockyard announced on April 14, 2023 that it has won a contract worth 230.8 billion won (approx. $192 million) from an African shipping company to build four petrochemical product carriers (P/C carriers). The vessels will be delivered sequentially by April 30, 2026.
ANDRITZ received an order from Teknomelt to deliver a complete neXline wetlace line for producing biodegradable, plastic-free nonwoven wipes. The line will be installed in Teknomelt's factory in Kahramanmaras, with start-up scheduled for end of 2023.
Jagenberg Converting Solutions GmbH acquired 100% of FMP Technology GmbH, a specialist in slot dies for battery, hydrogen and electronics industries, as of April 5, 2023.
Indecar announced a $2.5 million investment to expand its industrial plant in Carmen de Areco, Buenos Aires, adding a 2,000 m² building and new technology to double production capacity.
Radwell International, a US-based supplier of surplus and remanufactured industrial control systems, has acquired Blackburn-based Northern Industrial. The acquisition aims to increase efficiency and scale the combined offering globally.
Metso Outotec inaugurated extended manufacturing capacity for large screening equipment in Sorocaba, Brazil, increasing production from 250 to 500 units per year, with a €3 million investment in a new fabrication unit expected to be fully operational by end of 2023.
Tezmaksan established a new production facility with 10,000 m² closed and 50,000 m² open area on a 53-acre land in Sivas Nuri Demirag Organized Industrial Zone, with an investment of 15 million euros.
Nidec (NIDEC) will start mass production of gear-cutting machines (hobbing machines) at a leased factory in Pinghu, Zhejiang, China, with initial output of 15 units per month. A new factory on a 66,000 sqm site is also planned, with first phase completion by June 2024. Total investment for the first phase is JPY 5 billion.
McDonough Manufacturing Company acquired B.I.D. Canada Ltd., a manufacturer of custom sawmill machinery in Woodstock, New Brunswick. BID Canada will continue operations under the McDonough umbrella.
Japanese forging company Ohmi Press Works and Forging has ordered a RAW 500/400-4500/800 EH radial-axial ring rolling machine from SMS group for its Shigaraki plant. The machine is scheduled to go into operation in May 2024.
Minsait, Indra's IT subsidiary, has signed a binding agreement to acquire 100% of Deuser, an industrial digitalization company specializing in operations technology. The deal is expected to close in Q2 2023.
Sabik Offshore, a Sedna Wind Technologies company, has acquired Weissenborn, a Danish manufacturer of aluminium solutions for offshore wind transition pieces and substations. Weissenborn will continue operations in Denmark.
Rhenus Automotive will start assembling tractors, zero-turn mowers and turf utility vehicles for John Deere at a former SML plant in Genk, Belgium, from November 2023. The contract involves a multi-million euro investment and will create several dozen jobs.
Vaderstad is expanding its factory in Vaderstad, Sweden by 12,600m² to increase production capacity to 10,000 machines annually by 2028. Construction has started and the new buildings are planned to be in full use by autumn 2024.
Metecno Oy signed a contract with Konecranes to deliver a robot cell to Konecranes' production plant in Hämeenlinna, Finland. The project is expected to be completed in autumn 2020.
Moldow has been awarded a contract by Axelent to design and install a new large powder coating line at Axelent's headquarters in Hillerstorp, Sweden. The line will coat Axelent's steel safety products.
Xinghuo Machine Tool Group's Qingzhong Machine Tool signed a contract with a customer at an exhibition for the procurement of a large five-axis turning-milling composite machine.
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.
Krones selected Icertis Contract Intelligence to transform its sales and procurement contracting processes, integrating it with SAP Ariba and Salesforce. The system is managed from Krones headquarters in Neutraubling, Germany.
Beckwood Press Company was awarded a contract by Hendrickson USA, L.L.C. to engineer and build a 1500-ton hydraulic stamping press for blanking, deep drawing, and forming parts for the transportation industry.
Makino's subsidiary Makino Automotive Equipment (Wuhan) Co., Ltd. opened a new factory in Wuhan, China, its second factory in China. The factory produces vertical and horizontal machining centers, targeting annual output of 1,500 machine tools and annual revenue of 1.4 billion yuan by 2025.
FS-Elliott invested $2 million to expand manufacturing and warehouse space to 180,000 sq ft and add two new Mazak Integrex machines and a robotic arm at its facility in Export, Pennsylvania.
Abbey Machinery announced plans to expand its production facility near Nenagh, Co Tipperary by 10,000 sq ft, adding robotic welders and new machines, and installing a 250 kW solar panel system.
HÜBNER Group inaugurated its 'Namma Factory' in Malonagathihalli, Nelamangala Taluk near Bengaluru, India, to produce components for mobility markets. The plant started operations at the end of 2022 with about 125 employees, expected to grow to 175 by end of 2023.
Indusvalley Chu Lai and Kärcher broke ground on a factory in Tam Hiệp, Núi Thành, Quảng Nam, Vietnam, to produce Kärcher cleaning equipment. Phase 1 investment is over EUR 20 million, and the facility is expected to employ over 300 workers. The workshop will be handed over by August 31, 2023.
The Porr-Marti consortium was awarded Lot H53 of the Brenner Base Tunnel, worth €959 million. The contract involves building 25.2 km of twin single-track tunnels using TBMs and blasting, with construction taking about six years.
Harsco Rail was awarded a five-year contract valued at over $130 million by Network Rail to operate and maintain 14 stoneblowers in the UK. The contract takes full effect on May 27, 2023.