JCB Power Systems has won a contract to supply Stage V IPU engines to Powerscreen for its Warrior and Chieftain screening ranges. Production began in August 2022.

CORE Industrial Partners portfolio company RE3DTECH+GoProto acquired Stanfordville Machine & Manufacturing, a supplier of precision machined components and assemblies. The acquisition was announced on January 11, 2023.

PTG Holroyd sold a 4EX-R-BL dual-purpose CNC rotor milling machine to a leading German maker of compressed air, gas and vacuum technologies. The machine will be used to mill helical rotors and Roots-type blower air ends.

Asia Symbol has officially started tissue production after starting up tissue machines, converting lines and packaging machinery supplied by BaoSuo Enterprise Group across factories in mainland China. The machines have a designed annual capacity of 25,000 tons per set.

Union Officine Meccaniche, a manufacturer of plastic extrusion plants, has acquired a majority stake in Ceba Elettromeccanica, an industrial automation company. The deal aims to expand production capabilities and combine synergies.

Tasowheel Gears, Tasowheel Tikka and Tasowheel Systems merged into Tasowheel Oy on January 11, 2023, with no layoffs among the 135 employees. The merger is aimed at synergy and growth, not cost savings.

KR-Tools, a Czech contract manufacturer, signed a contract with Hurco for two new Takumi 3-axis machining centers, with one arriving in 2022 and the second in early 2023. The company also plans a new production hall and a possible 5-axis machine.

Saint-Gobain Abrasives (Shanghai) Co., Ltd. announced the acquisition of a 25% equity stake in Kingshark New Material Technology (Chongqing) Co., Ltd., a non-woven abrasives manufacturer.

INVT (002334.SZ) announced it will acquire the remaining 24.7454% equity in Wuxi INVT from minority shareholders for RMB 20.29 million, making Wuxi INVT a wholly owned subsidiary.

Beijing Boluosipan Precision Machine Tool Co., Ltd. has won a bid to supply three five-axis machining centers to China Aero Engine Power Co., Ltd. (AECC) for a total of 10.74 million yuan. The bid was announced on January 10, 2023.

Husco International's off-highway division has been awarded $40 million in new projects from global OEMs in construction, agricultural, material handling and commercial equipment industries. The company will also invest $40 million in equipment and R&D across its facilities.

Austrian company Palfinger plans to build a production plant in Niš, Serbia, on 7 hectares of state land. The investment is valued at EUR 35 million and is expected to employ 375 workers.

Hangzhou Machine Tool (Hangji) completed its 'Grinding Machine Intelligent Manufacturing Industrialization + Future Factory Construction Project' in Pujiang County Economic Development Zone, a 145.75 mu site with an investment of 504.58 million yuan, to produce 2,820 smart grinding machines annually.

Caterpillar concludes a five-year investment cycle of R$600 million in its factory in São Paulo, Brazil, in 2023. The investment includes the construction of the largest motor grader assembly line in Latin America, which began operation.

Massman Automation Designs plans to build a 75,000-square-foot facility in Alexandria, Minnesota, for building automated packaging machines, with a $16.3 million investment and creation of at least 10 jobs.

Bullen Ultrasonics announced plans to invest over $14 million to expand its Technology Development Center in Eaton, Ohio, to support R&D in semiconductor manufacturing, aerospace composites, and MEMS.

Alstom was awarded a £12 million contract by Eversholt Rail to carry out mileage-based modernisation on ScotRail's Class 334 fleet of 40 trains. The work includes overhaul of pneumatic and electrical components and is due to commence in January 2024 at Alstom's Polmadie Depot in Glasgow.

AEM, a global leader in test innovation, celebrated the grand opening of a new 365,000-square-foot manufacturing plant in Penang, Malaysia, for developing advanced testing and handling equipment.

Spanish bearings maker Fersa Group has acquired a majority stake in Indian company Delux Bearings Private Limited, a manufacturer of bearings and electromechanical components for machinery and commercial vehicles.

Diemme Filtration began construction of a new factory at its Lugo site in Italy to expand production capacity for large filter presses used in mining tailings dewatering. The project is expected to be completed by the third quarter of 2023.

Junttan Oy, a Finnish foundation equipment manufacturer, acquired its UK distributor Junttan UK, based in Newark, UK. The distributor had been authorized since 1996 and led by Mark Pritchard since 2009.

Turkmenistan signed an online contract with Chinese locomotive manufacturer CRRC Ziyang for the supply of spare parts worth more than $30 million. It is reported as the largest contract between the two countries in 31 years of diplomatic relations.

Larsen and Toubro's heavy engineering arm has won multiple significant orders in Q3 FY23, including for reactors and heat exchangers for a refinery in Mexico, critical reactors for blue ammonia projects in the USA and Uzbekistan, and orders from Indian Oil Corporation for the Panipat Refinery expansion.

J2L Holding AB has acquired the Rehobot group, parent of Rehobot Hydraulics and Simson Power Tools, effective 9 January 2023. Rehobot Hydraulics in Eskilstuna makes high pressure hydraulic pumps, cylinders and tools.

TÜV Rheinland signed an agreement to acquire ABB's UK technical engineering consultancy, part of ABB's Energy Industries division. The transaction is expected to close in the second quarter of 2023, integrating around 160 people from two sites in England.

Damen Marine Components (DMC) received its first multi-vessel order in the U.S. from C&C Marine and Repair, supplying equipment packages for four newbuild Multi Cat 3013 workboats. The first two vessels will be delivered to Callan Marine.

DYPNF signed a supply contract with Lotte GS Chemical worth 12 billion won for a BPA prill fan package system and prill tower, disclosed on January 5, 2023. The amount equals about 12.04% of DYPNF's 2021 revenue.

George Industries, a portfolio company of Behrman Capital, announced a strategic combination with Alexander Machine & Tool Company (AM&T), a provider of engineered solutions for defense applications. Financial terms were not disclosed.

Sheffield Forgemasters signed a ten-year through-life and production-support contract with WaldrichSiegen for the design, supply, installation and commissioning of 17 new machining centres for a proposed new machining facility at its Brightside Lane site, part of a recapitalisation investment of up to £400 million over ten years.

The Schaeffler Group completed the acquisition of Ewellix on January 3, 2023. Ewellix, a global innovator in linear motion and actuation solutions with approximately EUR 250 million in net sales and 1,250 employees, will operate as an additional business within Schaeffler Industrial.

Dormer Pramet, a division of Sandvik Machining Solutions, launched construction of a new 4,500 m² production hall in Šumperk, Czech Republic. The hall will be used for producing cutting inserts and tools, and will also house a global R&D, training and testing facility.

WaldrichSiegen has entered a long-term partnership with Sheffield Forgemasters to supply 17 new machining centres and provide a ten-year through-life support contract as part of a £400 million recapitalisation investment.

Sirane Group has signed a deal with Bobst to install the first Vision CI flexo press in the UK at its Telford site. The press is customised for water-based print technology and will increase print capacity.

ANDRITZ has received an order from Wisewoods Co., Ltd to supply another pressurized refining system for its MDF mill in Phetchaburi, Thailand. The system will have a capacity of 30 tons per hour and process rubber wood. Start-up is scheduled for the first half of 2024.

Baker Hughes was awarded a contract by MMHE to supply CO2 compression equipment for PETRONAS Carigali's Kasawari offshore carbon capture and sequestration project in Sarawak, Malaysia, capable of reducing 3.3 million tons of CO2 per year.

Hexagon Digital Wave will deliver a UE7 Ultrasonic Examination machine to CP Industries for verifying Type 1 steel cylinder production. The machine was completed at year-end 2022.

Hiperbaric's founding and management team increased its stake to 55%, becoming the main shareholder, in a transaction valuing the company at €267 million. The investment fund Alantra reduced its stake to 10%, and INNVIERTE (owned by CDTI) joined as a new shareholder.

Claydon, a farm machinery manufacturer, opened a major new production facility in Wickhambrook, near Newmarket, UK, more than doubling production capacity. The facility employs over 70 staff and supplies Opti-Till machinery to more than 30 countries.

Ingersoll Rand Inc completed the acquisition of SPX Flow's Air Treatment business for approximately $525 million in cash. The business includes brands such as Hankison, Pneumatic Products, Jemaco, Deltech and Delair.

NTG Precision Engineers, part of the NTG Group, has installed a new DN Solutions Puma 700LM II multi-tasking turning centre at its Gateshead facility, supplied by Mills CNC. The investment increases machining capacity for large precision components.

Sumitomo (SHI) Demag has started construction of a new 4,000 m² production hall at its Ningbo site, doubling production capacity and creating 50 jobs. The facility will expand production to include larger tonnage Systec Servo machines up to 1,500 tons. The new hall is set to open in autumn 2023.

Microverse Automation Private Limited received the single-largest Distributed Control System (DCS) order from Gharda Chemicals in Sayakha, Gujarat, totaling 15,000 IO. The contract was awarded as of January 1, 2023.

Yanmar Compact Equipment North America announced a 32,000-square-foot expansion to its Grand Rapids, Minnesota facility, including a new powder coating paint system that will increase paint capacity up to three times and parts manufacturing capacity up to two times. The project is expected to add hundreds of full-time positions over the next five years.

Sunnen Europe Holding AG has acquired Hommel Präzision GmbH, a distributor of Sunnen's cross-grinding machines and accessories in Germany, effective January 1, 2023. The acquisition includes about 30 employees.

SVgroup, owner of Schuitemaker and Veenhuis brands, acquired Jan Veenhuis Machinefabriek B.V., a manufacturer of agricultural and construction dump trailers and hook-arm loader systems in Raalte, Netherlands, effective January 1, 2023.

Mondi installed a 3.35m BHS Corrugated Width Line at its Mszczonów plant near Warsaw, following a factory extension, lifting planned output to over 320m sqm per year. The extension and new corrugator were implemented in 2023.

Ünsal Makina commissioned its new facility in Kayseri İncesu OIZ at the end of 2022, aiming to increase production capacity and expand exports to the USA.

ABB acquired Siemens' low-voltage NEMA motor business, expanding its manufacturing operations in North America, including a plant in Guadalajara, Mexico, and increasing its global NEMA market share to over 43%.

The Toro Company announced plans to expand Ditch Witch in Perry, Oklahoma, with a new 200,000-sq-ft manufacturing facility and approximately 100 new jobs.

MTS Systems Corporation entered into an agreement and plan of merger with Amphenol and Moon Merger Sub Corporation, a wholly-owned subsidiary of Amphenol. The transaction was assisted by Rajah & Tann Asia.