Pfalzwerke Netz AG acquired Ingenieurbüro N. Muth GmbH & Co. KG, including its 70 employees, effective December 15, 2022. The firm will operate as Muth Engineering GmbH, a wholly owned subsidiary.
Howden agreed a contract with Precision Fabricating and Cleaning to supply a diaphragm compressor package for the ITER fusion tokamak project, a 35-country collaboration.
In 2022, Micronics Engineered Filtration acquired National Filter Media, and Vance Street Capital's continuation fund EV 1 acquired the combined company.
Trützschler Nonwovens and Texnology S.r.l. formed a collaboration to offer production lines for needle-punched nonwovens under the name T-SUPREMA, combining Trützschler's fiber preparation and web forming with Texnology's needle-punching expertise.
YIZUMI officially opened its Wusha No.3 Factory in Wusha National High-Tech Zone, Guangdong, China. The facility, with a total investment of over 2 billion yuan, houses the i-Factory and Ultra Large Die Casting Machine Factory.
ENGEL will invest approximately 11 million euros to expand and modernize its robot production plant in Dietach, Austria. The expansion includes production, logistics, apprentice workshop and office building in two phases, with construction starting in May 2023 and completion of first phase by spring 2024.
Shanghai Yanpu (605128.SH) announced it won a contract from Jin Ying Heavy Industry for railway special container materials, with a bid amount of 587 million yuan, to be delivered by June 2023.
John Deere announced a $35 million investment to expand capacity at its two manufacturing units in Indaiatuba, São Paulo, Brazil, and implement its Smart Connected Factory program.
Terex Corp. and Konecranes Plc announced a definitive business combination to merge all stock, forming Konecranes Terex Plc. Terex shareholders will own 60% and Konecranes shareholders 40% of the combined company, with estimated pro forma 2014 revenues of $10.0 billion. The transaction is expected to close in the first half of 2016.
Liebherr-Components Biberach has started building an additional plant in Biberach an der Riss, Germany, costing $66 million. The plant will manufacture switchgear, electric motors, and generators, with production scheduled to commence by the end of 2014.
Tadano Thailand Co Ltd, a subsidiary of Tadano Ltd, opened a new factory in the southeast area of Bangkok, Thailand, manufacturing 9-ton and 5.5-ton class truck loader cranes. Production began on June 3, 2022, with an opening ceremony on May 31, 2022. The factory has capacity for 1,000 units per year, with plans to expand to 2,000 units.
SNT Energy, a subsidiary of SNT Holdings, signed a KRW 12 billion contract with S&T Gulf CO., LTD to supply air-cooled heat exchangers (Air Cooler).
Tuoshan Heavy Industry announced plans to invest CNY 1.2 billion to build a plant in Guangde Economic Development Zone, Anhui, producing 150,000 tons per year of engineering machinery core components.
Koenig & Bauer acquired 49% of Celmacch Group S.r.l., a leading Italian manufacturer of flexo presses and rotary die cutters for the corrugated industry, forming Koenig & Bauer Celmacch.
Truetzschler Group is setting up a new factory in Sanand, near Ahmedabad, India, which will be fully operational by January 2025. The expansion will increase card clothing capacity by 100% and boost production of combers, lap formers, and nonwovens equipment.
German film packaging line maker Brückner plans to expand its subsidiary factory in Topoľčany, Slovakia, by building a hall of nearly half a hectare, as orders have grown.
Alta Equipment Group agreed to acquire Ecoverse Industries Ltd., a distributor of environmental processing equipment. The transaction is expected to close before the end of 2022, with Ecoverse keeping its brand and management intact.
Michael Byrne Manufacturing plans to construct a 10,000-square-foot new building at its site near Mansfield Lahm Regional Airport in Ohio, with a $1.5 million investment. The expansion will create seven additional jobs over three years.
H&D Wireless AB received a phase 2 order from Parker Hannifin AB for the development, manufacturing, and commissioning of a semi-automated assembly line with an integrated cobot. The order value is approximately SEK 0.8 million, with the total project valued at SEK 1.8 million.
RACOM completed construction of a new 1,600 m² mechanical production facility near its headquarters in the Czech Republic, with an investment of EUR 2.8 million. The building was taken over on October 24, 2022, and mechanical production started in December 2022.
Ambienta acquired HolwegWeber, a manufacturer of paper bag machinery, and will combine it with In.Pack Machinery to create a global leader in machinery for sustainable packaging. The combined group has 7 production sites, 400 employees and 9,000 installed machines.
Yamazaki Mazak Machine Tool (Liaoning) Co., Ltd. completed and put into production a new sheet metal factory in Dalian Jinpu New Area, China. The plant, built with a total investment of 700 million yen, increases the company's capacity from 80 to 120 units per month.
Swedish Dacke Industri completed the acquisition of 70% of Tecair B.V., a pneumatic systems and components maker in Drachten, Netherlands, on December 8, 2022. The current owner keeps the remaining 30%.
General Machine and Tool Company will invest $3.7 million to expand manufacturing at its headquarters in Elizabethton, Tennessee, creating 25 new jobs in Carter County. The expansion follows its acquisition by Cinco Research Corporation in February 2022.
Pronar opened three new production halls in Narew, Poland, to increase manufacturing capacity and create nearly 200 new jobs, strengthening its position in agricultural machinery and components.
V-Guard Industries signed definitive agreements to acquire 100% stake in Sunflame Enterprises for Rs 660 crore on a cash-free, debt-free basis, expected to close by mid-January 2023.
Q5D has moved to a state-of-the-art production facility in Portishead, near Bristol, UK, bringing together design, engineering, manufacturing and testing under one roof. The facility doubles production floor space and triples office space.
Hamilton Central Europe will invest EUR 18 million to expand its factory in Giarmata, Timis county, Romania, adding 15,300 sqm of space for production and offices, expected to be completed by end of 2023.
JTB Pressings Ltd took delivery of two Fanuc-controlled CNC lathes from Mills CNC, installed at its Willenhall facility in July and September 2022, to machine parts for JCB.
Liugong held a groundbreaking ceremony for its excavator smart factory at the Liugong Smart International Industrial Park in Liuzhou, Guangxi. The total investment exceeds 10 billion yuan. The factory is part of Liugong's plan to build a smart manufacturing platform for construction machinery.
Osmundson Manufacturing plans a $12.5 million investment to build a 150,000 sq. ft. facility in Mayfield, Kentucky, creating 80 jobs. The plant will produce 20-inch and larger disc blades for agriculture and construction industries. Construction is scheduled to begin in 2023 and be completed by 2025.
Shannon Precision Engineering Ltd invested in two Nakamura-Tome mill/turn centres (WT150II and SC100X2) supplied by ETG to improve repeatability and cycle times for machining difficult materials like Nitronic 40 and titanium for aerospace and automotive contracts.
WASEL GmbH, a subsidiary of the Hagedorn Group, placed a EUR 60 million order with Liebherr for multiple mobile and crawler cranes, including LTC 1050-3.1E, LRT 1130-2.1, LTM 1750-9.1, LR 1700-1.0, and LR 11000, to modernize its equipment fleet.
The Iranian Minister of Industry, Mine and Trade announced the start of construction of an industrial complex for producing mining and ultra-heavy tires in Kerman, with an investment of 180 million euros. The plant is expected to create 400 jobs during construction and 800 jobs after completion.
Nidec announced a plan to invest approximately ¥150 billion in M&A of machine tool manufacturers by fiscal 2025, targeting companies in Japan, Europe, and the US to expand its product lineup and sales channels.
GMM Pfaudler Ltd, through its subsidiary Pfaudler GmbH, has agreed to acquire Mixel France SAS and its subsidiary Mixel Agitator Co. Ltd for €7 million. The acquisition is expected to close in February 2023.
Sister companies WDS and MBR will merge at the turn of the year 2023, with all transactions conducted under Winkler und Dünnebier Süßwarenmaschinen GmbH, employing 350 people.
Valmet Oyj will supply a complete automation solution including Valmet DNA DCS, Valmet IQ Quality Control System and Valmet IQ Web Inspection System to Melitta Europa for its paper production plant in Minden, Germany. The order was included in Valmet's orders received in Q3 2022, and installation will take place in summer 2023.
Gofore Oyj has signed an agreement to acquire the entire share capital of Finnish technology and design company Huld for a debt-free enterprise value of €54.5 million. The acquisition is expected to be completed by 1 September 2025, pending competition authority approval.
Osmundson Mfg. Co. will locate a new facility in Graves County, Kentucky, with a $12.5 million investment, creating 80 jobs. The 150,000-square-foot facility will produce disc blades for agriculture and construction industries.
UK Research and Innovation (UKRI) has awarded a £179,400 contract to Haas Automation Ltd for a 5-axis vertical machining centre, delivered in Warrington, North West UK. The contract was awarded without competition due to technical reasons to maintain compatibility with existing Haas CNC machines.
Wah Seong's subsidiary WS Engineering & Fabrication has been awarded a $127.1 million contract by Yinson Azalea Production for the supply of FPSO topside modules. The work is expected to be completed within 24 months.
Marchesini Group, a packaging machinery manufacturer, has acquired Rejves Machinery Srl, a specialist in filling and capping machines for cosmetic, pharmaceutical, chemical and food products. The acquisition was announced on 7 December 2022.
CBE+ is investing £2 million to install Europe's first 6+1 robotic automated Electroless Nickel Plating line at its Chesterfield facility. The line will increase production capacity and improve quality.
ThermoFibre, a UK-based molded pulp manufacturer, became a licensee of PulPac's Dry Molded Fiber technology and ordered a PulPac Modula production line. The line will be installed at ThermoFibre's facility in Lincolnshire, UK, next year for producing food trays, lids, cutlery, and similar products.
PI Group is investing $16 million to expand its Eschbach factory in Germany, adding 6,600 sqft of space and 150 jobs. The expansion will triple production capacity for precision motion and automation systems, with completion expected in 2024.
ATA, the Irish precision-engineering multinational, acquired UK cutting tool manufacturer Industrial Tooling Corporation (ITC) and Dutch manufacturer Van Hoorn Carbide, bringing pro-forma 2022 revenue to circa €100 million.
Mattel Malaysia announced a plant expansion at its Hot Wheels manufacturing facility in Penang, expected to be completed in January 2023. The investment will increase production capacity by 20% by 2025 and add approximately 400 employees.
Hexagon Agility received a new order for TITAN 53 Mobile Pipeline modules from REV LNG, valued at approximately USD 16.2 million, to transport and deliver renewable natural gas from multiple sites within the US.
AVIC Heavy Machinery (600765.SH) announced plans to invest 462 million yuan to build a technology research institute on 80 mu of land, with 31,950 square meters of new buildings and 52 pieces of equipment, over 36 months.