Brother Industries, Ltd. decided to build a machine tool production plant near Bengaluru, India. The plant will be built at the Japan Industrial Township in Tumakuru district, with completion scheduled for September 2024 and production starting in December 2024. The total project cost is approximately 2 billion yen.

Xebec Adsorption sold substantially all assets of its British Columbia subsidiary Applied Compression Systems Ltd. to 1396905 B.C. Ltd. The announcement is dated 7 February 2023 and no value was disclosed.

Xebec Adsorption sold its subsidiary Green Vision Holding, parent of HyGear Technology and Services, to Hydrogen Solutions B.V., an affiliate of HoSt Holding, as part of its sale process announced on 7 February 2023. No value was disclosed.

Alfa Laval announced an investment of USD 358 million to expand global production capacity for heat exchangers at four existing sites in Sweden, Italy, China, and the USA.

Sichuan Kexin Mechanical Co., Ltd. held a groundbreaking ceremony on February 6, 2023 for its 'High-end Process Equipment Intelligent Manufacturing Project' in Shifang, Sichuan, China. The project is part of a 580 million yuan fundraising plan to expand capacity and upgrade facilities.

ARCH Cutting Tools Corp. acquired Custom Carbide Cutter Inc. (CCCI) in Cincinnati, Ohio. Terms were not disclosed.

UMV Coating Systems has been awarded a contract by Ahlstrom to supply a TWIN Sizer for a new glass fiber tissue line in Madisonville, Kentucky. The line will produce glass fiber nonwovens for luxury vinyl tiles and vinyl sheet materials.

Seoho Electric has signed a contract to supply crane control systems to China's Wuxi HuaDong Heavy Machinery. The contract is worth KRW 11,956,430,000 and runs until January 25, 2024.

Pressure Technologies' subsidiary Chesterfield Special Cylinders was awarded an £18.2 million contract to supply air pressure vessels for a major UK naval new construction programme, with deliveries over three years.

The Nikkiso Clean Energy and Industrial Gases Group completed its acquisition of Cryotec Anlagenbau GmbH, a plant engineering firm in Wurzen, Saxony, for an undisclosed amount. Cryotec will become the group's European competence and production center.

Baker Hughes Masoneilan shipped a package of API-6A severe service control valves for the Mero-3 FPSO in the Santos Basin, offshore Brazil, with the valves built at its Conde, France facility. Production on the field is expected in 2024.

Degelman Industries is nearing completion of a $9.5 million expansion at its Hillsboro, North Dakota facility that will double the facility's size and create 30 to 40 new jobs. The expansion will allow the company to produce steel parts for its bulldozer blades in-house.

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.

Stora Enso has commissioned Voith to convert a former paper machine at its Oulu site in Finland into a board machine producing 750,000 tons per year of folding boxboard and coated kraft back. Start-up is scheduled for early 2025.

GROB Machine Tools UK is moving its UK base from Birmingham to Stratford-upon-Avon and creating up to 20 new jobs after winning a €200 million contract. The company will occupy a 14,000 sq ft unit.

Taglich Private Equity has acquired Vortech Superchargers and Paxton Automotive, combining decades of experience in manufacturing high-performance products for automotive, marine, industrial, and aeronautical applications.

Rheinmetall Denel Munition secured two contracts: one from an international customer for propellant charges worth €40 million, and one from a NATO state for 155 mm Assegai ammunition worth €17 million.

B&S Technology B.V. will acquire Tilburgse Machinefabriek B.V. (TMF), a 76-year-old family business. The acquisition was announced on February 2, 2023.

River Associates Investments acquired JBC Technologies, a die cutting and supply chain partner of precision flexible components. The acquisition was announced on January 31, 2020.

Wuzhong Group (Wuhan Heavy Duty Machine Tool Group) won a batch order for CNC floor-type boring and milling machines from a major heavy-industry equipment company in China, with a contract value exceeding CNY 300 million. The machines are for large wind power component manufacturing.

Sheffield Forgemasters has signed a partnership with WaldrichSiegen for lifetime support of its proposed new machining facility, including design, supply, and installation of 17 machining centres as part of a £400 million recapitalisation investment.

Mott Corp. plans to open a new 65,000-square-foot facility near its Farmington headquarters, doubling production capacity for its custom-designed engineering business. The company will invest tens of millions of dollars and add about 100 new jobs. The facility is expected to open in Q1 2024.

CDI Energy Products, a global leader in high-performance polymer product manufacturing, acquired EGC Enterprises and Slade Operating Company effective February 1, 2023. The acquired companies will continue operations in North Carolina and Ohio.

Nidec Corporation completed the acquisition of all shares of Italian machine tool manufacturer PAMA S.p.A., making it a wholly owned subsidiary. The deal was announced on November 30, 2022, and closed on February 1, 2023.

Seco Tools acquired PMT Premier Machine Tools Ltd, a supplier of machining solutions for the medical industry in Ireland. The acquisition strengthens Seco's presence in the medical segment.

Berkvens Greenhouse Mobility and Buitendijk Slaman are merging to form one brand under Berkvens Greenhouse Mobility, combining their greenhouse logistics and harvesting solutions. Production will continue at both locations in Asten and Bleiswijk.

Machineseeker Group acquired the online platforms Gebrauchtmaschinen.de and used-machines.com from Vogel on February 1, 2023, expanding its portfolio of marketplaces for used machinery.

Volvo Construction Equipment announced a SEK 65 million (about $6.3 million) investment to expand its Arvika factory in Sweden for phased production of electric wheel loaders. The investment includes a new building and supports Volvo's goal of 35% electric machine sales by 2030.

Rheinmetall has transferred its large-bore pistons production to Koncentra Verkstads AB (KVAB) of Sweden, including three plants in Germany, the USA and China, with closing retroactive to 1 January 2023.

Wilhelm Niemann Maschinenfabrik received the largest order in its history from Aditya Birla Group for 36 high-performance dispersing machines for six new paint factories in India.

Mikron Tool officially opened a new 1,000 sq. m production hall at its Agno, Switzerland site, bringing total production area to 3,500 sq. m. The facility is already in operation.

Sandvik acquired 95% of the shares in PMT Premier Machine Tools Limited, an Irish solutions provider to medical customers, on 1 February 2023. The company will be reported within Seco, a division of Sandvik Manufacturing and Machining Solutions.

AGO opened a new production facility for industrial high-temperature heat pumps in Kulmbach, Germany, on 1 February 2023. The facility has over 700 m² of production space and aims to build up to 25 large heat pumps per year.

HÖRMANN Intralogistics was awarded the contract to supply an automatic high-bay warehouse and AutoStore system for iDM Energiesysteme GmbH's new logistics center in Matrei, Austria. The project includes a three-aisle high-bay warehouse and a WMS system.

White Drive Motors & Steering will expand its 124,000-square-foot facility in Christian County, Kentucky, with a nearly 13,000-square-foot addition and a $16 million investment, creating 25 full-time jobs. The project moves gearset production from Parchim, Germany, to Hopkinsville.

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.

Oshkosh Corporation, through its JLG segment, completed the acquisition of Italian aerial work platform manufacturer Hinowa S.p.A. The deal was announced in November 2022 and closed on February 3, 2023.

Kverneland Group, a subsidiary of Kubota Corporation, acquired 100% of the shares of BC Technique S.A.S., a French manufacturer of mechanical weeding equipment sold under the Phenix Agrosystem brand, on 31 January 2023.

MiddleGround Capital, a private equity firm, acquired Megatech, a CNC machining company based in Québec City, Québec, specializing in highly-complex, low volume engineered parts.

Valmet will deliver BCTMP, evaporation and NCG technology, and automation solutions for Stora Enso's Oulu mill expansion in Finland. The delivery is part of Stora Enso's EUR 1 billion investment to convert an idle paper machine into a consumer board production line.

Grönskär Gruppen acquired a majority stake in ELMAB Hydraulic Holding AB, a manufacturer of custom hydraulic cylinders and grapple claws based in Dala-Järna, Sweden.

London Machinery, a manufacturer of concrete mixers and severe-duty products, was acquired by Right Lane Industries in January 2023. Terms were not disclosed.

Mellott and NorX are joining together to become the market-leading supplier of crushing and screening solutions in the aggregates industry. The deal combines two family-operated distributors.

Pace Industries will invest $2.8 million and create 49 new jobs at its Lower Brownsville Road facility in Jackson, Tennessee, to expand aluminum, zinc and magnesium die casting operations.

Valmet will deliver BCTMP, evaporation and NCG technology plus a mill-wide automation package for Stora Enso's Oulu mill in Finland, part of a roughly EUR 1 billion board line conversion. The order value was not disclosed and the upgraded mill is scheduled for early 2025.

Forged Solutions Group, a portfolio company of Arlington Capital Partners, acquired Continental Forge Company, a provider of precision forged and machined solutions for aerospace and defense.

Guardian Access Corp. plans to have its new 100,000 ft² die-casting plant in Johor, Malaysia operational in Q4 2023, adding over 660 US tons/month of aluminum die-casting capacity for garage door and spring OEMs.

Doosan Bobcat will open a $13 million construction equipment plant in Rogers, Minnesota, before the end of 2023, adding more than 100 workers.

Ziehl-Abegg is investing about €50 million in a new 17,000m2 factory in Prologis Park Łódź, Poland, creating up to 400 jobs, with completion planned for June 1, 2023.

Dormer Pramet acquired Miranda Tools, an India-based manufacturer of high-speed cutting tools, in December 2020, expanding its presence in regional markets.