Alfing i Älmhult installed a new Quaser MV 154 vertical multi-operation machine tool, expanding capacity at its facility in Älmhult, Sweden.

Deutz and Daimler Truck signed agreements for Deutz to access and develop Daimler Truck's medium- and heavy-duty engines for off-highway use. Daimler Truck will take a 4.19% stake in Deutz.

The Timken Company has reached an agreement to acquire Nadella Group, a European manufacturer of linear motion products, from ICG plc. The transaction is expected to close in Q1 2023.

SJ Environmental Technology (SJEP) received a中标通知书 (winning bid notice) from Jiangxi Mubang High-Tech for a 10GW high-efficiency photovoltaic cell production process supporting system project at the Guangxi Wuzhou High-Tech Zone. The total contract value is RMB 435 million (approx. $61 million).

Waukesha Pearce Industries (WPI) acquired H&E Equipment Services' facility in Louisiana, expanding its Komatsu heavy equipment distribution business into the state. WPI will retain all current employees and operate from existing H&E facilities.

Jagmohan Pla-Mach Pvt Ltd acquired 50,000 sq ft of additional land to expand its Asangaon site near Mumbai, investing about ₹150 million. The expansion will increase factory size to 200,000 sq ft and boost annual machine output from 350 to 500 units.

Siemens received the largest locomotive order in its history from Indian Railways, worth €3 billion ($3.2 billion), for 1,200 electric locomotives over 11 years. The drives will be manufactured at a Siemens plant in India, with assembly in Gujarat.

Chinese company Haitian Machinery will invest USD 100 million to build a 250,000 m2 factory complex in Ruma, Serbia, for producing injection molding machines, CNC cutting machines, and casting machines. The plant will employ around 300 workers and produce 250 machines per year.

LTMG Machinery Group launched a four-month expansion of its plant in Shandong Province, China, in December 2022, adding 20,000 square meters of space including production and R&D areas. The expansion is expected to double capacity and add pile driving and crawler dumper production lines.

WEG (Jiangsu) Electrical Equipment Co., Ltd. is building a third-phase technical renovation and expansion project for high- and low-voltage industrial motors and components in Rugao, Jiangsu Province, with an investment of 85 million yuan. Construction is scheduled from Q1 2023 to Q1 2024.

Dramm Corporation opened a new 98,000-square-foot headquarters and production facility in the Manitowoc Industrial Park, increasing warehouse and office space.

ELEO Technologies B.V. opened a new battery production facility in Helmond, Netherlands, with an annual capacity of 10,000 battery packs. The facility covers 3,000 m2 with plans to triple to 9,000 m2.

Rheinmetall has won a €770 million long-term supply contract for propane (R290) compressors, reportedly for a domestic heat pump manufacturer. The announcement was made in January 2023.

SPIE UK won a 33-week contract to deliver mechanical and electrical works for second-floor laboratories at Evotec's Dorothy Crowfoot Hodgkin Campus in Abingdon, Oxfordshire. The project follows a laboratory construction project completed earlier in 2023.

Theegarten-Pactec acquired a stake in Turkish company Makrev Packaging, which manufactures intermittent packaging machines for chocolate and gelatin.

Carraro Group inaugurated a new 1,440 square meter production area at its gear plant in Ranjangaon, Pune, adding gear hobbing and grinding machines. Monthly gear capacity will rise from 150,000 to over 175,000.

COE Press Equipment Corporation acquired Sesco Products Group, a manufacturer of machine tool attachments and accessories including coil processing and material handling equipment.

Bharat Fritz Werner (BFW) announced a multi-phase expansion in Hosur, India, to increase annual machine tool capacity from 3,000 to 10,000 machines. The first phase is scheduled to be operational by Q1 FY2024, with completion by FY2025. Investment amount was not disclosed.

Greenworks Commercial opened its first North American Commercial Center of Excellence for Manufacturing and Engineering in Morristown, Tennessee. The $25 million facility will manufacture lithium-ion battery ride-on mowers, creating over 150 jobs by end of 2023 and up to 550 by 2025.

VINCI Energies, through its Actemium brand, acquired three business units (power plant services, industrial assembly, rail projects) of EMIS Electrics GmbH via an asset deal. The acquired units have €14 million in revenue and 122 employees.

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

SNCB-Procurement awarded Geminis Lathes S.A a contract worth EUR 910,336 for the purchase, installation and commissioning of a CNC lathe with grinding function for wheel axles in Mechelen, Belgium.

Tuff Torq Corporation expanded its production facilities in Morristown, Tennessee, adding approximately 20,000 square feet for TZ series transaxle production and new electric drive systems (eDS). The expansion will create 60 new jobs.

Prochem's Pharma Division merged with Tapasya, a granulation solutions provider, to form Prochem Tapasya Pvt Ltd. The merger combines powder handling and granulation expertise for pharmaceutical, nutraceutical, and food industries.

Breedtron Technology signed an agreement with Wuhan Economic and Technological Development Zone to build a management headquarters and new energy construction vehicle production base. The project has a planned total investment of over 5 billion yuan ($700M+), with phase one starting construction in March 2023 and first electric loader production expected later that year.

Turbodisel SA plans to build a new plant in Resistencia, Chaco, Argentina, for the assembly and service of industrial equipment under the Lovol brand. The plant will create 15 immediate jobs, with a projection of 50 jobs in three years, and is expected to be completed between July and August 2023.

LFM Capital-backed ShopSabre, a designer and manufacturer of CNC routers and plasma tables, acquired Langmuir Systems, a CNC plasma firm.

Nikon closed its acquisition of SLM Solutions, a German manufacturer of metal additive manufacturing hardware, for €622 million (~$675 million). The deal was first announced in September 2022.

Dürr Group acquired the remaining 49% of shares in its Italian subsidiary CPM S.p.A., increasing ownership to 100% as of December 31, 2022. The purchase price was not disclosed. CPM specializes in turnkey final assembly systems for the automotive industry.

Moog Aircraft Group plans to build a 150,000 sq. ft. Advanced Integration Manufacturing Center on its campus in Elma, New York, with Phase 1 costing about $35 million and taking a decade to complete.

CNH Industrial expanded production capacity at its Burlington, Iowa plant to introduce a new product line of crawlers/dozers for construction. The project cost $16.99 million and created 80 jobs.

Yamazaki Mazak announced plans to establish a new production facility in Pune, Maharashtra, India, to produce VC-Ez series vertical machining centers for the Indian market. The plant will have a monthly capacity of 40 units, with total investment of approximately 4 billion yen for the first phase. Operations are scheduled to begin in March 2023.

RAFAMET S.A. confirmed an order from Alstom Bombardier Transportation India Pvt. Ltd. for delivery of a tandem underfloor wheel lathe type 2UGE 180 N, valued at EUR 1,721,000. Delivery is scheduled by December 2023.

exceet Group SCA signed a business combination agreement to acquire all of APEX Group, a developer of green hydrogen electrolysis plants. It will pay about EUR 25 million in cash for 20.8% and issue new shares for the remaining 79.2%.

C.R. Onsrud announced an approved $17.2 million expansion plan for new buildings and equipment at its Troutman, North Carolina facility, along with 25 new jobs.

Team Resolute, a consortium including Harland & Wolff, BMT and Navantia UK, was awarded a £1.6 billion contract to build three Fleet Solid Support ships for the Royal Fleet Auxiliary. The contract will create 900 jobs at Harland & Wolff's Belfast shipyard and invest £77 million in infrastructure.

CGR, a manufacturer of mechanical and mechatronic components, acquired John Binns & Son (Springs) Limited, a UK specialist in wire springs. The acquisition establishes CGR's base in the UK.

Norwegian marine compressor maker TMC was selected by Hudong-Zhonghua Shipbuilding to supply marine compressed air systems for seven LNG carriers being built for Mitsui O.S.K. Lines and chartered to QatarEnergy. Announced on 18 January 2023.

VINCI Energies acquired Avanceon LLC, an industrial controls and system integration company based in Exton, Pennsylvania. Avanceon will join the Actemium network.

Helios Technologies has signed a definitive agreement to acquire Schultes Precision Manufacturing, a precision machined components manufacturer in Buffalo Grove, Illinois. Schultes had approximately $30 million in revenue in 2022.

Sumitomo Heavy Industries has concluded its agreement to acquire Hitachi Construction Machinery's 34 percent stake in Sumitomo Heavy Industries Construction Cranes/HSC, making it a wholly owned subsidiary. The deal was originally agreed at the end of November 2022.

Massman Companies, a packaging machinery maker based in Villard, Minnesota, acquired Ultra Packaging Inc., a privately held designer of automated cartoning machines based in Chicago, Illinois. The announcement was dated January 17, 2023.

Zoomlion Heavy Industry Science and Technology signed a letter of intent on 15 January 2023 for its subsidiary Zoomlion High-Access Machinery to be acquired by Roadrover Technology via a share issuance, effectively listing the subsidiary on the Shenzhen Stock Exchange.

CMZ, a CNC lathe manufacturer, will complete the start-up of Nuevo Precitor, an expansion of its machining plant in Elorrio, Spain, at the end of February 2023. The company invested nearly EUR 8 million, and the plant will reach full capacity in the second half of 2023, increasing overall capacity by 55%.

Yiheda announced a plan to raise up to 2.65 billion CNY through a private placement to fund two projects: the Yiheda Smart Manufacturing Supply Chain South China Center Phase II and the Yiheda Smart Manufacturing and East China Operations Headquarters. The projects will expand FA factory automation parts production capacity and supply chain capabilities.

Titanus Slew Rings (TSR) has installed a high-speed 5-axis DMU 340 P machining center from DMG MORI at its facility in Meadowdale, Isando, Gauteng, South Africa. The machine is the first of its kind in the country and is part of a significant capital investment plan.

Caterpillar Brasil is concluding a BRL 600 million (approx. USD 115 million) investment cycle at its Piracicaba factory, including a new motor grader assembly line that started in August 2022, and a new logistics building under construction.

Fluid power and industrial automation distributor Triad Technologies completed its acquisition of Industrial Service Products, LLC, expanding its Illinois presence. Terms were not disclosed.

Filtrox Carlson received planning approval for an £8.7 million investment to partly demolish and extend its filter equipment factory in Barnoldswick, Lancashire, creating up to 50 new jobs.

Action Construction Equipment (ACE) has received a pilot order from DRDO, Ministry of Defence, for the supply of indigenously developed special mobile cranes integrated on HMV 8X8 chassis for the MRSAM programme.