French industrial machinery manufacturer ATI Group, based in Verson, Calvados, plans to double its production surface by building a new facility on a 7,000 m² site with 1,600 m² of workshops and 1,200 m² of offices. The project involves €3 million in investments.
Triveni Turbines plans to raise its manufacturing capacity from 225 to 350 steam turbines per year, driven by demand growth. The expanded capacity will be operational by Q1 FY24.
HEDELIUS Maschinenfabrik began earthworks for a new 10,000 m² production hall on a 25,000 m² site in Meppen-Nödike, Germany, to produce, assemble and store TILTENTA swivelling head machining centres. Completion is planned for spring 2024, increasing capacity by 40%.
Dongya Machinery (301028) broke ground on its Jaguar air compressor manufacturing project, with a planned investment of 733 million yuan and completion expected in 2025. The plant will produce air compressors, vacuum pumps and blowers.
OOO Vezdekhody began construction of a second plant in Kurgan, Russia, to produce Burlak Arctic all-terrain vehicles. The new facility will increase production from 3 to 30 vehicles per month.
MEL (Moscow Electrical Equipment and Lifts) has begun construction of a new workshop for producing lift and electrical switchgear equipment in the Golyanovo district of Moscow. The investment exceeds 400 million rubles, and the facility is expected to double output to 4,000 lifts annually, creating over 80 jobs.
Volvo Construction Equipment is investing SEK 80 million ($7.8 million) to build a battery pack production facility at its excavator plant in Changwon, South Korea.
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.
AXXERON took over the MOOG production site in Luxembourg on 1 October 2024, its first company acquisition outside Germany, to make servo cartridge valves and hydraulic control blocks.
On February 16, 2023, Steuler Group signed a contract to acquire around 75% of British Ancorite Holdings Ltd. and its subsidiaries in three steps by 2024. Ancorite, based near Manchester, specializes in floor coatings, brick linings and GRP piping, with annual sales of £10-15 million.
INNO-metaal from Eindhoven acquired Koridon Industriële Plaatbewerking from Zaandam on February 16, 2023. Both companies will continue under their own names and management.
WITTENSTEIN SE and WIKA Alexander Wiegand SE & Co. KG plan to form a joint venture, Resense GmbH, to develop, produce and market miniaturized 6-axis force-torque sensors for industrial markets. Each partner will hold 50%.
VMI, part of TKH, opened three new production assembly halls at its Leszno, Poland site, bringing production floorspace to almost 30,000 square meters. The expansion supports its tire and pharmaceutical machinery business.
Baumüller Dravinja, the Slovenian subsidiary of Baumüller, is completing a new hall in Slovenske Konjice for about five million euros, doubling electrical production capacity and adding sheet metal and logistics space, with occupancy planned for March 2023.
ASPEQ Heating Group, backed by Industrial Growth Partners, has acquired the assets of BBC Industries, a Missouri-based manufacturer of infrared electric heaters and heating systems. The deal closed on February 15, 2023.
Toscotec was contracted by UNIPAKHELLAS to supply a complete containerboard paper production line for the UHC mill in Pelasgia, Greece.
Kanu Equipment has entered into an agreement to acquire Kemach Equipment South Africa, subject to regulatory and internal approvals. Kanu is the largest distributor of Liebherr, Bomag and McCloskey equipment in Africa, and Kemach distributes the same brands in South Africa.
Toscotec was contracted by UNIPAKHELLAS, a member of INDEVCO Group, to supply a complete containerboard paper production line for the UHC mill in Pelasgia, Fthiotida, Greece.
DeLaval plans to raise production capacity of its VMS automatic milking systems by 50% to meet rising demand, with a new VMS factory targeted for setup in 2024 at its Tumba site in Sweden.
Salas O'Brien has acquired Plus Group, an engineering firm specializing in manufacturing, industrial, chemicals, pharmaceuticals, food & beverage, and agribusiness. The merger creates a combined team of market leaders.
TRUMPF Inc. has begun construction on a 55,800-square-foot expansion of its Farmington, Connecticut facility to manufacture laser cutting, bending and welding machinery. The $40 million project includes a Smart Factory and is expected to be completed by May 2024.
Rotating Machinery Services, Inc. (RMS) has agreed to acquire the FCCU Hot Gas Expander product line from Siemens Energy, Inc. The transaction is expected to close on February 28, 2023, and includes intellectual property, inventory, and tooling.
MULTAX has ordered a second Matsuura MAM72-35V, a 5-axis multi-pallet CNC machine tool, from Matsuura Machinery. The order was announced on February 14, 2023.
Stora Enso has awarded Voith a contract to convert a former coated paper machine at its Oulu, Finland site into a board machine producing folding boxboard and coated kraft back with 750,000 tons per year capacity. Start-up is scheduled for early 2025.
Flory Industries acquired COE Orchard Equipment on February 13, 2023, creating the first full-line orchard harvest equipment manufacturer.
ROC plans to increase production of belt windrowers from 300 units per year to 400 units in 2023 and to 600 units by 2026, using automation and robotic equipment.
Andra Tech Group, a portfolio company of Equistone, has acquired a majority stake in DKH Metaalbewerking, a Dutch manufacturer of complex metal parts and components. The acquisition expands Andra Tech Group's presence in the Netherlands and adds DKH's 30 employees to the group's total of around 500.
Secar Technologie GmbH acquired 100% of LiteCon GmbH on July 1, 2023. LiteCon, a high-tech composites company based in Hönigsberg, Styria, was founded in 2014 as a joint venture between Evonik Industries and Secar Technologie.
VIMAB Group AB has entered into a share transfer agreement to acquire all shares of AoO CNC AB, a precision machining company based in Svalöv, Sweden. The total purchase price is 23.3 million SEK.
Alstom has purchased and commissioned three Correa gantry milling machines (one Fox-40 and two Fox M-80) at its Česká Lípa plant in the Czech Republic, reducing processing times by 20%. The project was worth several million euro.
Vow ASA subsidiary C.H. Evensen was awarded a contract by Swedish steelmaker Uddeholm to convert four heat treatment furnaces from fossil gas to electric operation. The order is worth about NOK 24 million and lifts C.H. Evensen's backlog to NOK 155 million.
Vow ASA subsidiary C.H. Evensen Industriovner was awarded a contract by Swedish steelmaker Uddeholm worth about NOK 24 million to convert four heat treatment furnaces from fossil gas to electric operation.
Guangdong Fosber Intelligent Equipment (Fosber Asia) held the groundbreaking for a new intelligent factory making corrugator production lines in Songxia Industrial Park, Foshan, on 10 February 2023. The estimated investment is about 500 million yuan over an 80-acre site.
济南二机床 (Jier Machine Tool Group) held a groundbreaking ceremony for the E workshop of its Yucheng digital factory project on February 9, 2023. The workshop involves an investment of nearly 60 million yuan, with a total floor area of 9,000 m², and will produce 72,000 tons of structural parts annually.
Mazak has constructed a new 27,000-square-foot SYNCREX Assembly Plant at its Florence manufacturing campus in Kentucky to produce the SYNCREX Series of Swiss-style machine tools for the North American market, with an output capability of up to 10 machines per month.
Yanmar Group and ASV Holdings Inc. have finalized their merger, creating a single legal entity, Yanmar Compact Equipment North America (YCENA). The merger follows Yanmar's $70.7 million acquisition of ASV, first announced in June 2019 and approved in September 2019.
Sørskår Mek Verksted, a subsidiary of Comrod Communication, acquired RA Aluminium after a successful bid in bankruptcy proceedings.
Greaves Cotton signed an agreement to acquire 100% of motion-control systems maker Excel Controlinkage for Rs 385 crore in four tranches, with the first 60% tranche to close in FY26.
Trützschler Nonwovens has partnered with Italian textile machinery manufacturer Texnology S.r.l. to offer complete integrated production lines for needle-punched nonwovens under the T-SUPREMA brand.
Shriram Pistons and Rings, through its subsidiary SPR Ingenious Limited, will acquire a 75% shareholding in Takahata Precision India Private Limited, a Japanese injection moulding company. The acquisition is subject to approvals.
Wilkins Group completed the final phase of its Nottingham site's £5.2 million expansion project in December 2022, adding 4,650 sqm to reach over 20,000 sqm.
Wilkins Group invested £2.5 million in a new Komori Lithrone GLX40 carton press, installed in November 2022, boosting production capacity by 20-30%.
Bobcat Company completed a $9.3 million investment in a new automated punch press line at its manufacturing facility in Gwinner, North Dakota, which recently began production. The investment was announced on February 8, 2023.
Tutt Bryant Heavy Lift & Shift deployed a fleet of Grove all-terrain cranes, including two new GMK6400 and GMK5250XL-1 models, for the second stage of a turnaround project at the INPEX-operated Ichthys LNG processing facility near Darwin, Australia.
Liebherr plans to invest approximately 40 million euros in its Navarra, Spain plant between 2023 and 2024 to expand facilities and centralize crane engineering services, with a focus on self-erecting cranes and a new product for the wind energy sector.
Ebner Ofenbau has been contracted by Aluminum Dynamics, a division of Steel Dynamics, to supply furnace equipment for a $1.9 billion recycled aluminum flat rolled mill in Columbus, Mississippi. The equipment includes pusher-type furnaces, batch-type coil annealing furnaces, and continuous annealing lines.
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.
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.
US door manufacturer Steves & Sons Inc placed an order with Siempelkamp for two forming and press lines for door skins made from thin MDF and HDF, plus an order with Siempelkamp subsidiary Büttner for two fibre dryers and an energy plant. Commissioning is scheduled for 2024.
Pellenc ST is constructing a new production center of over 2,000 m² at its Pertuis headquarters in France to double its production capacity for smart sorting equipment. The expansion is part of a €30 million investment program (2018-2025) and follows a 50% growth in 2022.