Manitou is constructing a third facility in Candé, France, dedicated to welding and machining, with an investment estimated between €40 and €50 million. The plant is expected to start operations in early 2025 and create 100-150 jobs.
Cramo has acquired Hyresbutiken, a supplier of construction, transport and processing machines in Northern Sweden, based in Skellefteå with depots in Arjeplog and Norsjö. The acquisition strengthens Cramo's position in the region.
Valmet has been selected by Arauco to supply a complete pulp mill with full-scope automation and flow control solutions for the Sucuriú Project in Inocência, Brazil. The order value is over EUR 1 billion, and the mill, with 3.5 million tonnes per year capacity, is estimated to start up in the second half of 2027.
Reitnouer Trailers has begun site work for a new 450,000-square-foot manufacturing facility and 18,000 square feet of office space in Ontelaunee Township, Pennsylvania. The company has a two-year backlog of orders.
Siemens Mobility will build a $220 million advanced manufacturing and rail services facility in Lexington, North Carolina, creating more than 500 jobs by 2028, with production starting in 2024.
Wabtec received a contract from VLI to supply nine Evolution Series ES43BBI locomotives for use on the Ferrovia Centro-Atlântica in Brazil, valued at approximately $38.3 million.
KHS India laid the foundation stone of a new Rs 50 crore plant adjacent to its existing Ahmedabad facility, expected to raise production capacity by 40% and create 150 direct jobs.
Valmet signed a Performance Agreement with Meliora Bio ApS in Kalundborg, Denmark, covering services for reactor feeding and discharge of bioethanol and C-5 sugar production, extending to 2025.
Valmet will supply a coated board machine to Graphic Packaging International's mill in Waco, Texas. The order is valued between EUR 140 and 180 million, and the machine will produce coated recycled board with an annual capacity of approximately 500,000 short tons. Start-up is scheduled for early 2026.
Tver-based JSC StankoMashComplex signed a contract with JSC Concern Sozvezdie in Voronezh to supply 12 units of machine tool equipment, including multifunctional five-axis, vertical and rotary machining centers, for the Russian machine tool and radio-electronics industries.
Irish heavy lift equipment manufacturer Megalift announced a significant expansion including a new 30,000 sq ft facility in Ballinode, Co. Monaghan, creating 10 new jobs. The company plans to double capacity from 40 to 80 machines per annum by end of 2023.
Italy's Marchesini Group has acquired M.A.R. S.p.A., a Milan-based maker of pharmaceutical packaging machines for liquids, powders and syringes. M.A.R. will keep its Lainate site and staff and expand by hiring technicians and designers.
Norway-based TMC Compressors will deliver marine compressed air systems, including N2 feed compressors, for six LNG carriers being built by Jiangnan Shipyard for ADNOC Logistics & Services. Delivery of the vessels is scheduled for 2025 and 2026.
Western Equipment Solutions (WES) has acquired the assets of Champion Equipment Sales, LLC, expanding its territories for Soilmec and Leffer equipment sales and service in North America.
Schaeffler acquired 100% of the shares in ECO-Adapt SAS on March 3, 2023. ECO-Adapt offers condition monitoring solutions based on electrical signal analysis and energy consumption optimization. Terms were not disclosed.
A unit of Sime Darby plans to acquire Australian firm Onsite Rental for RM1.9 billion, financed entirely through external borrowings on a cash-free and debt-free basis.
Valmet will supply a new tissue paper line with the latest technology to Metsä Tissue's Mariestad mill in Sweden as part of the Future Mill development program. The order was booked in Q1 2023; the value was not disclosed.
Nidec Machine Tool (Zhejiang) Co., Ltd. held a groundbreaking ceremony for a new factory in Pinghu Economic Development Zone, with a total investment of $44 million, to produce machine tools for EV drive components.
Now Contec, a German provider of equipment for assembly and finishing of technical nonwoven and foils, was acquired by Kingspan Holding in March 2023. Terms were not disclosed.
Ustec S.r.l. acquired the 'Undercarriages' Business Unit of Sampierana S.p.A., a CNH Industrial component company. Ustec will also build a new 8,400 sqm production plant in San Piero in Bagno, Italy, operational from July 2023.
Siemens AG is setting up a new wholly owned subsidiary called Innomotics to contain its low-voltage to high-voltage motors, geared motors, medium-voltage converters and motorized spindles. The new company will be established in Germany by July 1, 2023, with global organization by October 1.
Pasabahce Bulgaria, part of Sisecam, is investing BGN 28.5 million (EUR 14.5 million) to upgrade and expand its factory in Targovishte, Bulgaria. The investment will automate production and increase output.
IS Engineering GmbH Germany acquired the MONFORTS Brush Roller Technology. The announcement was made on March 1, 2023.
Yingpu Fluid Technology held the groundbreaking for its intelligent manufacturing and global R&D center for high-end hydraulic equipment in Zhenjiang high-tech zone on March 1, 2023. The total project investment is US$100 million.
REV Fire Group announces a $1.5 million renovation and expansion of its Ephrata, PA facility, leasing two additional buildings to double space to 123,000 square feet. The expansion will more than triple TDA production and nearly double the workforce.
Solis Tractors & Agricultural Machinery, the flagship company of International Tractors Limited, announced the acquisition of Thaler GmbH & CO. KG, a wheel loader manufacturer based in Polling, Germany. The acquisition entails an investment of Rs 200 crores.
CORE Industrial Partners portfolio company Cadrex Manufacturing Solutions acquired D&R Machine Company, a provider of CNC precision machining solutions for the aerospace & defense market. D&R is headquartered in Southampton, Pennsylvania.
Bluefors, a Finnish manufacturer of cryogenic measurement systems, announced its intention to acquire Cryomech, a cryocooler technology company based in Syracuse, New York. The combined company will have close to 600 employees.
Greatech Technology Berhad held a groundbreaking ceremony for a new 500,000 sq ft facility (BK IV) in Batu Kawan Industrial Park, Penang, with a total investment of approximately RM1.3 billion (RM200 million capex, RM1.1 billion opex).
Reflex Group has taken over GSH Group's label and tag production wing, moving production to its Boston, Lincolnshire site. The deal is expected to add around £3 million of business to the group.
Terramac, a manufacturer of rubber tracked crawler carriers, has opened a new 100,000-square-foot assembly facility in St. Louis, Missouri. The plant will start with two production lines, each with a capacity of 250 crawler carriers per year, and is set to begin production in March 2023.
Fives Giddings & Lewis received a new machine order from Hartech Group to equip Fleet Readiness Center East (FRCE) in Cherry Point, North Carolina, with a T-Bed horizontal boring mill. The machine is planned to be installed in early 2024.
Hiab received a EUR 4.75 million order from Euromix MTP for medium and heavy range loader cranes and hooklifts, with half of deliveries scheduled for 2023 and the rest in 2024.
Lupamat Compressor signed a partnership agreement with FS-Elliott, the American centrifugal air compressor maker based in Export, Pennsylvania, for developing industrial products in the Turkish market. The agreement was reported on February 27, 2023.
HNI Corporation Mexico will expand its Arteaga plant in Saltillo, Coahuila, with an investment of US$106 million, creating 1,300 jobs. The expansion was announced on February 24, 2023.
Audax-backed FCH, a provider of sanitary flow components, acquired DSO and Flowtrend, both sanitary manufacturers serving pharmaceutical, food and beverage markets. The deal was announced on February 24, 2023.
Sumitomo (SHI) Demag China held a groundbreaking ceremony for a new 4,000 square metre production hall at its Ningbo site, doubling production capacity and creating 50 new jobs. The facility is set to open in autumn 2023.
LUCAS is expanding its factory by 1,500 m² to support Industry 4.0 projects, including sheet metal fabrication and robotics. The expansion will also create several new jobs.
Valmet will supply a coated board machine to Graphic Packaging International's mill in Waco, Texas. The machine will produce coated recycled board grades with an annual capacity of approximately 500,000 short tons, and start-up is scheduled for early 2026.
Xunlong's subsidiary Xunlong Zhizao purchased a 1,600-ton hydraulic press from Disi Oil Pressure Industry for approximately RMB 5.6 million.
Bucher Emhart Glass contracted AME Elite Consortium Berhad to construct a MYR 108 million (EUR 22.8 million) manufacturing facility in i-Park@Senai Airport City, Johor, Malaysia. The 300,000 sq ft facility will replace an existing factory to increase production capacity.
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.
Fives, an international industrial engineering group, announced the acquisition of Dizisoft, a startup specializing in industrial diagnostics and performance software. The deal includes DiziScop, a machine data collection and analysis tool.
CNH Industrial has signed an industrial cooperation agreement with Tobroco-Giant to distribute compact and sub-compact wheel loaders under CASE and New Holland Construction brands in North America. The models are expected to be commercially available in the second half of 2023.
Mespack and Famartec announced a collaboration to develop an integrated primary and secondary packaging solution for the pharmaceutical sector, combining Mespack's vertical form-fill-seal machine with Famartec's cartoning machine. The project will be displayed at Interpack in May 2023.
Excelitas Technologies announced the acquisition of Phoseon Technology, a designer and manufacturer of LED-based industrial curing and scientific illumination solutions.
SKF will invest US$68 million in a new plant in Monterrey, Nuevo Leon, to produce components for electric and commercial vehicles, creating about 1,200 jobs.
Volvo Construction Equipment will invest $7.8 million (KRW 100 billion) to build a battery pack production line at its Changwon plant in South Korea, with construction starting in April 2023 and completion by June 2024.
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.
Neat Gates, part of The Electro Automation Group, purchased a machinery package from Emmegi (UK) for its new factory in Dublin, Ireland. The package includes cutting and machining centers for aluminium gate manufacturing.