Rockwood Composites announced it will quadruple capacity in five years, relocating to a new larger factory in Paignton, UK, and establishing a new subsidiary in Morocco for aerospace. The UK factory floor space will increase from 5,000 to over 30,000 square feet.
KLUBB Group, the European leader in truck-mounted aerial work platforms, acquired 100% of Isoli S.p.A., the Italian market leader in design, production and assembly of aerial platforms, tow trucks and special equipment, to consolidate its presence in Italy and expand its product offering for short-term rental.
SECO/WARWICK will supply a continuous CAB line for aluminum brazing to a European heat exchanger manufacturer, to be delivered to their plant in Slovakia. The line will be used for mass production of various heat exchangers.
Civmec was awarded a contract by BHP Mitsubishi Alliance (BMA) to fabricate, modularise and commission a 2,000-tonne shiploader for the Shiploader and Berth Replacement (SABR) Project. The project ran from August 2020 to December 2022.
Atlas Machine and Supply Inc. broke ground on a new 32,500-square-foot facility in Hardinsburg, Kentucky, to serve as headquarters for its Field Machining Division. The $3.47 million investment is expected to create 78 jobs over 15 years.
Sandvik (China) Investment Co., Ltd. signed an agreement to acquire a 12.44% stake in Suzhou Ahno Precision Cutting Tool Technology Co., Ltd. from a group of shareholders on October 23, 2022.
Clamason Industries placed a £1 million order with Bruderer UK for a 300-ton ZANI Motion Master press, its largest ever press, to target up to £6 million of new orders. The press will be installed in June.
Guangdong Fosber Intelligent Equipment Co., Ltd. (Fosber Asia) will invest 500 million yuan to build a new intelligent factory for corrugator production lines in Foshan City, Guangdong Province, covering about 80 acres.
Atlas Copco Compressors has acquired the operating assets of Compressed Air Products, Inc. (CAP), a longtime distributor based in Newnan, Georgia, which will become a direct branch. Twenty people will join Atlas Copco; the price was not disclosed.
Stora Enso will invest approximately EUR 1 billion during 2022-2025 to convert an idle paper machine at its Oulu site in Finland into a 750,000-tonne consumer board line, with production expected in early 2025.
Tederic sold 628 injection molding machines to BYD, China's largest electric vehicle maker, as part of the growing demand from the EV market.
Inission Løkken AS signed a two-year manufacturing agreement with NoFence AS worth NOK 70 million. Inission will manufacture circuit boards and assemble finished animal collars for NoFence, with deliveries in 2023 and 2024.
Chinese shipbuilder Hudong-Zhonghua contracted Norwegian firm TMC Compressors to supply compressed air and nitrogen system equipment for six 174,000-cbm LNG carriers ordered by MOL. TMC will manufacture the equipment in the Nordic region; the price was not disclosed.
Diversified Technologies Inc. broke ground on a 150,000-square-foot production facility expansion in George, Iowa, expected to come online in late 2023 and create up to 10 new jobs.
Komatsu Ltd will exhibit a 20-ton class electric hydraulic excavator equipped with a Proterra lithium-ion battery system at bauma 2022. The machine is scheduled to be introduced to Japanese and European markets in the 2023 financial year.
Göpfert Maschinen GmbH has taken over all of Dücker Corrpal AB in Ystad, Sweden, a specialist in breakers.
Sante Manufacturing Inc. is investing $7.5 million to vertically integrate operations and diversify product offerings in Aylmer, Ontario, creating 15 new jobs.
CG Power & Industrial Solutions approved a Rs 230 crore capital outlay to expand low-tension motor manufacturing capacity at its Ahmednagar and Goa plants from 9.93 lakh to 19.92 lakh units per annum, to be implemented in two phases over four years.
Hansal Group successfully won the bid for the fabrication and supply of 5 sets of TBM rear carriage frameworks, totaling 1,200 tons, for CREG. The lead time is 90 days.
OMRON Corporation signed a Stock Purchase Agreement to acquire a 60% equity stake in Kirin Techno-System Company (KTS), a manufacturer of inspection machines, from Kirin Brewery Company. The deal aims to develop manufacturing DX solutions for the food and beverage industry.
Chapel Hydraulique inaugurated a new 4,000 m² manufacturing site in Apprieu, France, dedicated to telescopic cylinders, with a €10 million investment. The facility features a fully automated production line and will increase telescopic cylinder capacity by 30-50%, from 60,000 to over 100,000 units per year.
Southwestern Scale Co., Inc. and Palfinger USA, LLC entered into a definitive agreement for Southwestern Scale to acquire the design and manufacturing rights of the PALFINGER USA Weighing Equipment Vehicles product segment. Transition is expected by end of 2022.
Rockfin sp. z o.o. will invest about 33 million zł to expand its existing Gorlice production plant, tripling production space and adding machinery and lines, with 30 new jobs, supported by the Polish Investment Zone program.
Howden secured a contract from INOVYN, an INEOS subsidiary, to supply a low-pressure piston compressor and a high-pressure diaphragm compressor for INOVYN's hydrogen production facility in Runcorn, UK.
Glaston has received four orders from a Chinese customer for production lines used in automotive pre-processing, worth EUR 3 million. The orders will be delivered from Glaston's Tianjin factory.
Cardinal Ireland Partners, managed by Cardinal Capital Group, is acquiring Toomebridge-based kitchen equipment maker Uform. The deal is subject to competition authority clearance. BGF will reinvest as a minority shareholder.
Alps Tool will build a new wing at its No. 3 plant in Sakaki, Nagano Prefecture, investing 2.3 billion yen to increase production capacity of tooling for automatic lathes by 15-20%.
EQI, a provider of manufacturing and logistics services for metal castings, completed the acquisition of Accucam, a manufacturer of industrial equipment components. Financial terms were not disclosed.
Alta Equipment Group announced a definitive agreement to acquire Ecoverse Industries, a distributor of environmental processing equipment based in Avon, Ohio. The acquisition gives Alta master dealer rights for North America and is expected to be immediately accretive.
Atlas Copco has acquired Vector, a privately held compressor distributor with 23 employees founded in 1933 in Poland, for an undisclosed amount. Vector becomes part of Atlas Copco's service division within Compressor Technology.
Master Kong (Tingyi) has ordered 8 PET bottle blow-fill-cap lines from Newamstar for its 'Kai Shu' boiled water product. Each line has a capacity of 6,000 bottles per hour for 5L bottles.
Metpacker Ambalaj Makine Sanayi ve Ticaret A.Ş. will build a new machinery production plant in Dilovası, Kocaeli, with a total investment of 58 million Turkish lira. The project includes 33.5 million lira in local investment and 24.5 million lira in imported machinery, creating 30 jobs.
CMP Advanced Mechanical Solutions, a North American metal fabricator, reached an agreement with the Fonds de solidarité FTQ, which will become a minority shareholder. The partnership will support growth, including construction of a zero carbon plant by Q1 2023 and creation of over 250 skilled jobs over three years.
Argentine metalworking company Arsemet has begun construction of a new 2,350 m² plant in the Área Industrial de Armstrong, Santa Fe, with an initial investment of USD 3 million. The facility will include a new paint line and serve the agroindustry, oil, gas and mining sectors.
A signing ceremony was held for a German Baohua compressor project in the Taicang Port Economic and Technological Development Zone, with a total investment of US$10 million. The plant is expected to produce 10,000 compressors a year once at full capacity.
Fendt officially opened a new production line for loader wagons at its Wolfenbüttel site on October 14, 2022. The facility includes a 4,200 m² production hall and 10,000 m² of logistics space, with over EUR 20 million invested since 2017.
Visumatic Industrial Products broke ground on October 14, 2022, for a new engineering and manufacturing facility in Versailles, Kentucky. The project includes infrastructure development on 6.4 acres and is expected to be completed by November 2023.
Borusan Precision Machinery's new plant in Zhuzhou's Xinma Industrial Park is nearly complete and equipment installation is underway. The 500 million yuan project is expected to start production in early December 2022, with an annual capacity of 300 CNC machine tools and annual output value over 300 million yuan.
Great Plains Manufacturing celebrated the grand opening of its new Construction Equipment facility in Salina, Kansas, part of a $53 million expansion, with Phase II adding $124 million investment and 200 jobs by mid-2024.
Great Plains Manufacturing celebrated the grand opening of a new construction equipment manufacturing facility in Salina, Kansas, to produce compact track loaders for Kubota. The $178 million investment has created 150 jobs, with plans to surpass 900.
Stellar announced an expansion of its Hastings, Nebraska plant, adding 11,000 square feet of manufacturing space and doubling welding bays from five to ten. The expansion will create 10 new jobs.
Razor Contract Manufacturing Ltd. received a repayable contribution of CAD 950,000 from ACOA and provincial support of CAD 235,000 in payroll rebates and a CAD 412,500 loan to purchase new automated equipment, increase production capacity, and create up to 29 jobs.
Atlas Weyhausen GmbH is expanding its site in Wildeshausen, Germany, by nearly 9,000 square meters to build an innovation center for around €3 million. The center, to be completed by end of 2022, will focus on developing new construction machinery and advanced technologies, creating up to 15 new jobs.
Seoho Electric, a South Korean electrical control device manufacturer, signed a 34.1 billion won ($24 million) contract with Shanghai Zhenhua Heavy Industries to supply crane control systems. The contract was announced on October 14, 2022, and runs until October 20, 2023.
Xiamen Dahe Machinery Co., Ltd. won a bid to supply and install a CNC machining center for aviation rods to Fujian Longxi Bearing (Group) Co., Ltd. for CNY 1,200,000.
Hitachi Construction Machinery announced it will consolidate domestic remanufacturing operations from Tsuchiura Works and Hitachinaka Works to Banshu Works from fiscal 2024, aiming to expand and improve efficiency of the remanufacturing business.
Bizerba opened a new plant in Avondale, Arizona, for label manufacturing, product refurbishment, and a showroom, expanding its Western US presence.
Bobcat Company celebrated the completion of a $70 million expansion of its Statesville, North Carolina manufacturing facility, adding 600,000 square feet and creating up to 250 jobs over five years.
SMARTECH announced a strategic partnership with Siempelkamp to jointly commercialize the AI-based Prod-IQ SmartPress solution for autonomous control of press lines in the wood-based panel industry.
Weichai Power strategically reorganized Kion Group and its subsidiary Linde Hydraulic in 2012, marking the largest acquisition of a German company by a Chinese enterprise. The 10th anniversary was celebrated on October 12, 2022, at Kion's Jinan base.