SHB Hebezeugbau GmbH is building a new production and storage hall at its Saalfeld site and acquiring a NILES-SIMMONS N40MC turning-milling center to meet increasing demand for components for cranes and lifting equipment.
A North American rotary screw compressor manufacturer has ordered a TG 350E CNC rotor grinding machine from PTG Holroyd, valued at over $1.7 million. The machine is scheduled to ship in Spring 2023.
OSMA-Aufzüge Albert Schenk GmbH & Co. KG will transfer its branches in Stuttgart, Munich, Regensburg and Leipzig to KONE GmbH effective January 1, 2023, including 34 employees.
Sulzer completed a modernization of its Karhula pump factory in Kotka, adding a highly automated, digitized pump production line and a new logistics centre. The upgrade cuts production throughput time by 93%.
ScandiNova Systems AB acquired Scanditronix Magnet AB, a producer of magnets and coils for medical, industrial and research applications, located near Växjö, Sweden, adding 30 employees.
Shoplogix, a division of FOG Software Group, has acquired PROXIA Software AG, a German Manufacturing Execution System software company, to expand its smart manufacturing software portfolio.
Valesco Industries, LLC acquired North American Kitchen Solutions, Inc., a supplier of customized commercial kitchen hoods and fire suppression systems, from Weinberg Capital Group.
Liugong Dressta Machinery (LDM) received a grant of over PLN 5.6 million from the EU for the ARENA project to develop two new crawler dozer prototypes (TD-14HST and TD-16HST) weighing 18 and 22 tonnes. The total project value is PLN 12.28 million.
Nidec announced it will convert its Komagane, Nagano facility into a gear motor factory for machine tools and industrial equipment, investing JPY 16 billion in two phases. Phase 1 starts April 2023 with 360,000 units/year capacity; Phase 2 adds 240,000 units/year by April 2024. Full capacity of 600,000 units/year and 750 employees expected by end of 2025.
Siemens announced it will combine five of its businesses—large drives applications, Sykatec, Weiss Spindeltechnologie, low voltage motors, and geared motors—into an independent motors and drives company with revenue of around EUR 3 billion.
Greenstar Environmental Group signed an agreement to build a smart factory and innovation center in Hexian Economic Development Zone, Ma'anshan, Anhui. The project covers 51.2 mu (approx. 3.4 hectares) with a total investment of CNY 120 million, producing smart environmental equipment and process exhaust system piping.
Beijing Aerospace Topology High-Tech Co., Ltd. won a contract from Shenzhen Tobacco Industrial Co., Ltd. for upgrading vacuum, cutting, and blending section control systems, with a bid amount of 9,475,272.93 yuan.
Babcock & Wilcox's B&W Thermal and B&W Environmental segments were awarded a contract worth more than $24 million to supply two industrial package boilers and two SCR systems for a petroleum refinery in North America.
MT Aerospace has acquired a second BeAM 400 Directed Energy Deposition machine from AddUp to accelerate industrialization of DED technology for aerospace series production.
Takeuchi's new 156,000-square-foot manufacturing facility in Moore, South Carolina, has begun production of compact track loaders. The facility will eventually produce nearly all of the company's compact track loaders and employ around 150 people.
Lincotek, a global contract manufacturer, acquired a strategic stake in French metal and additive manufacturing specialist MMB Volum-e. The deal aims to enhance Lincotek's Additive Plus concept and further penetrate the aerospace market.
Prototal Group, Europe's largest producer of components in 3D-printing, vacuum casting, and injection moulding, acquired Swedish company Addema AB, a supplier of additive manufacturing components based in Jönköping. Addema was founded in 2014 and its founders will continue in the group.
Mahindra & Mahindra Farm Equipment Sector inaugurated its first dedicated farm machinery plant in Pithampur, Madhya Pradesh. The plant spans 23 acres, has capacity to manufacture 1,200 combine harvesters and 3,300 rice transplanters per year, and is expected to employ 1,100 persons.
Oshkosh, through its JLG division, is acquiring Italian spider lift manufacturer Hinowa from the Fracca family. The acquisition is expected to complete within 90 days. Financial terms were not disclosed.
Zoomlion has produced the first excavator exclusively through intelligent manufacturing at its Excavation Machinery Smart Park in Changsha, China, achieving a production rate of one excavator every six minutes. The park has an annual capacity of 50,000 units.
SECO/WARWICK will supply two EV/CAB aluminum brazing furnaces to Hubei Radiatech, a Chinese car radiator manufacturer. The contract includes one 1600mm furnace for battery coolers and one 1300mm furnace for condensers.
Stertil-Koni was awarded a multi-million dollar competitive bid to provide 462 EARTHLIFT Mobile Column Lifts to NJ TRANSIT, the largest order in the company's 25-year history.
DMG Mori Seiki is considering building its first own factory in India, targeting operations by 2030.
DMG Mori Seiki will significantly increase machining center production capacity in China by building a new factory in Zhejiang Province and expanding its Tianjin facility. It also plans to build a factory in Egypt. All three factories are to be completed by December 2023 and start operations in 2024. Total investment is JPY 11.3 billion.
Kennametal India Limited (KIL) inaugurated a new metal cutting inserts manufacturing facility on its Bengaluru campus. The facility consolidates operations from multiple units and incorporates intelligent manufacturing systems.
Bingshan Refrigeration Technology completed the acquisition of 60% of Panasonic Compressor (Dalian) and 55% of Panasonic Refrigeration System (Dalian) for a total of 1,010.88 million yuan. The asset transfer was registered on November 11, 2022.
Anhui Tuoshan Heavy Industry's subsidiary Tuoshan Precision Technology signed an investment agreement with Guangde Economic Development Zone to build a facility producing 150,000 tons/year of engineering machinery core components. The total investment is 1.2 billion yuan.
Cashman Equipment Company will be acquired by Empire Southwest at the end of December 2022, combining two Caterpillar dealerships.
Alstom launched a new aluminum welding line at its rolling stock site in Wroclaw, Poland, with an investment of nearly €10 million, creating at least 100 jobs.
Private equity group Duke Street agreed to acquire Suir Engineering, a provider of mechanical, electrical and instrumentation engineering services, from Dalkia and EDF Energy. Suir employs 1,300 people and has annual turnover of €300 million.
United Rentals Inc. agreed to buy family-owned Ahern Rentals Inc. for about $2 billion in cash to expand its footprint on both US coasts and in the Gulf-coast region. Ahern has about 2,100 employees in 30 states.
Rheinmetall has signed a contract to acquire Expal Systems S.A., a Spanish ammunition maker, from MaxamCorp. for an enterprise value of €1.2 billion. Closing is expected in summer 2023, subject to regulatory approval.
Timken has acquired GGB France and the entire GGB group for $305 million. GGB France, based in Annecy, is a specialist in antifriction solutions.
Schaeffler signed a contract to acquire CERASPIN, a Luxembourg-based specialist in ceramic components for rolling bearings, from the CERATIZIT Group. The acquisition strengthens Schaeffler's industrial division's capabilities in ceramic solutions.
Groupe Miralis announced a $45 million investment in two new highly automated manufacturing plants: one in Saint-Anaclet-de-Lessard for built-in furniture, opening end of 2023, and another in Québec City for stone countertops, operational by end of summer 2023.
Gardner Denver, part of Ingersoll Rand, plans to build a new smart factory in Tampere's Messukylä industrial area. Fastems is involved in designing the automation elements. The factory is scheduled for early 2024 and aims to achieve 85% OEE.
Converting Technology, Inc. and Converting Technology Engraving, Inc. were acquired by DFC Manufacturing Group, LLC. Terms were not disclosed. CTI/CTE operations will continue at their facilities in Elk Grove Village, IL and Greensboro, NC.
Contract manufacturer Dynamic Blending announced a manufacturing facility expansion in Vineyard, Utah, increasing square footage from 83,000 to 133,000 and doubling product lines from 6 to 14. The expansion includes a white room, quality control lab, and new robotic equipment.
Denmark-based HACO A/S has invested in two large-capacity Droop+Rein portal-type machining centres from Starrag to meet rising demand for components for larger offshore wind power turbines.
Rubbernek Fittings Ltd secured a long-term contract to supply injector housings to Perkins Engines, with a minimum supply of 3,000 units per week. The contract includes the purchase of a dedicated Citizen L32 sliding head machine.
PP Control & Automation provided complete electrical build services on dual Hedinn HPP-10000 protein plants destined for Sildarvinnslan, Iceland's largest fishmeal and fish oil producer. The deal is valued at €11 million.
SKF has completed the acquisition of Tenute Srl, a developer and manufacturer of sealing solutions for industrial applications with approximately 50 employees. Tenute will be integrated into SKF's Seals business.
Hexagon Agility received a new order from Xpress Natural Gas (XNG) to deliver Mobile Pipeline modules for transporting clean and renewable natural gas. The order is valued at USD 14.8 million.
Fives Machining secured a contract from AVIC's XIAN company to design and supply a Forest-Liné Aeromill aluminum machining center with a 22-meter X-stroke, the largest ever built. The machine will be used for civil aircraft parts production and is scheduled to ship to China in the second half of 2024.
TITK eV awarded a €248,500 contract to Lindauer DORNIER GmbH for a fiber preparation and spreading system for thermoplastic unidirectional reinforced tapes, to be used in lightweight material research for automotive and aerospace industries. The system will be installed in Rudolstadt, Germany.
Chart Industries signed a definitive agreement to acquire Howden, a global air and gas handling equipment maker, from KPS Capital Partners for $4.4 billion, funded by cash and preferred stock, with closing expected in the first half of 2023.
Gardner Denver Ltd invested GBP3.5 million in its Cross Lane, Bradford facility, merging two locations for design, assembly and testing of compressors, blowers and vacuum pumps. The site is operational.
Guangdong Forsberg Intelligent Equipment plans to invest 500 million yuan in an intelligent plant in Foshan, Guangdong, to make corrugated cardboard production line equipment. The project covers about 80 mu.
PP Control & Automation will provide complete electrical build services for two Hedinn HPP-10000 fishmeal plants destined for Sildarvinnslan in Iceland, under an €11 million project.
Novarc Technologies and Lincoln Electric have partnered to expand Novarc's automated cobot pipe welding solutions. Novarc will integrate Lincoln Electric's welding technologies, and Lincoln Electric will promote Novarc's Spool Welding Robot.