Malaysian fast-food packaging printer Interpress Printers ordered an EVO XD flexo printing line from KBA-Flexotecnica, a Koenig & Bauer subsidiary, for new premises in Kuala Lumpur. The press is due on stream by end of 2018.
Skive-based Hydra-Comp bought a one-third share in Kolding-based Hydropac, a specialist in pump stations, to create synergies and support growth. Both companies will continue as separate entities.
Solvay announced a €6 million investment to expand sodium bicarbonate production capacity at its Rheinberg site in North Rhine-Westphalia, Germany, for its SOLVAir flue gas treatment product, with startup planned by end of 2018.
The Tuscany regional government and Italy's Ministry of Economic Development signed a EUR 65 million addendum funding Baker Hughes' Galileo R&D program, including a new axial compressor platform for NovaLT gas turbines and digital solutions, carried out through Nuovo Pignone in Tuscany. The signing took place on January 29, 2018 in Florence.
NIBCO, the Elkhart, Indiana valve and fittings maker, is midway through a $100 million capital investment in its facilities over four years, including expansions at four plants totaling 350,000 square feet.
Bendix Commercial Vehicle Systems plans to invest $10 million in capital improvements at its assembly plant in Bowling Green, Kentucky, during 2018.
Oji Holdings will install a new containerboard machine with 450,000 tons per year capacity at GS Paperboard & Packaging in Malaysia, investing about JPY 35 billion for the machine and energy and water treatment equipment. Start-up is expected in April 2021.
Stone Canyon Industries recapitalized SCI PH Inc., parent of BWAY and Mauser, issuing $850 million of preferred stock to Canyon Capital, PSP Investments, Ontario Teachers' Pension Plan and Arcadia Investment Partners.
Bombardier Recreational Products (BRP) announced it will spend $100 million over two years to expand global production capacity, including doubling side-by-side vehicle capacity at its Juarez 2 plant in Mexico. The board approved the investment on 30 November 2017.
Novelis announced a $4.5 million manufacturing investment at its Warren, Ohio facility to upgrade pretreatment technology and efficiency for coated aluminum sheet used in beverage can lids.
Robinson Packaging is planning to expand in the UK after a funding package deal with HSBC; the amount was not disclosed.
Grossmann Group is starting production of Roediger vacuum sewerage equipment under a license from Bilfinger at its Compressor Complex site in St Petersburg, with a service center, and is investing 10 million euros. The news was reported on November 22, 2017.
Tetra Pak is investing 30 million euros in its Denton, Texas converting factory, including a new laminating machine, and will move part of production from Mexico to Denton. The new machine is expected in production by the end of 2018.
Packaging Corporation of America plans a $150 million investment replacing a paper machine at its Boise Paper mill in Wallula, Washington, nearly doubling output to 400,000 tons per year of linerboard.
Northern Ireland food manufacturer Davison Canners received a GBP 3.1 million financing package from HSBC, added new product lines and created 50 jobs, and won new contracts from Booths and Aldi.
Pratt & Whitney Autoair has invested about $96 million in facilities in the Lansing area over three years and created more than 700 jobs there. The Lansing plants make fan blades for geared turbofan engines, and a new 93,000 sq ft facility in Holt started production.
Ham-Let's subsidiary in China signed an agreement with the Yangzhong District management to build a new $15 million factory with double the production capacity, to be completed by end of Q1 2019; the district compensates $9 million.
Russia's Ministry of Industry and Trade, Moscow Oblast and Germany's WILO signed a special investment contract on 13 October 2017 to modernise pump production, with over RUB 750 million invested and output over RUB 29.5 billion.
HEROSE Group has invested in Mack Valves following the conclusion of discussions to create a future industry-focused organisation. The announcement was made on 10 October 2017; no value was disclosed.
Belgium's VPK Packaging Group acquired a 30% stake in CorrBoard UK, the Scunthorpe corrugated sheet consortium, from Corrugated Synergies International, and also made a capital increase. The investment aims to advance sheet production volume.
Suzhou Dawson Drilling Equipment has completed a capital increase of $3.5 million in its indirect wholly owned subsidiary Suzhou Dawson Valve Co., with the company registration change now finalized in Suzhou Industrial Park.
Smurfit Kappa Piteå is investing a total of SEK 45 million in its kraftliner mill in Piteå, Sweden, including a new chip screen and debarking drum upgrades, as part of its Piteå 750 plan to reach 750,000 tonnes a year.
The Wilkins Group has invested EUR 350,000 in a new gluing machine for its factory in Romania.
Saica plans to invest EUR 29 million in a fully automated warehouse at its El Burgo de Ebro paper plant in Spain, with a total investment that could reach EUR 50 million. The warehouse is planned to be operational in 2019.
Constantia Flexibles has invested around EUR 6 million in new technology to make film-based flexible packaging at its Weiden site in Germany.
Kaeser Compressors India has commissioned a 120kWp captive rooftop solar PV plant at its Pune, Maharashtra manufacturing facility, built with Enerparc India, to cut grid energy use.
Private equity investor LDC backed the management buyout of Stuart Turner, a UK water pump and pressure solutions business, to fund buy-and-build growth in commercial pumps. Existing shareholders are exiting; the deal value was not disclosed.
Kruger committed C$377.6 million to diversify its Brompton and Wayagamack mills in Quebec into specialty papers; Investissement Québec takes a 37.5% equity stake and provides loans, creating Kruger Specialty Papers Holding L.P.
Weedon Corrugated Products has invested in a Fosber dry end for its in-house corrugator to boost sheet board production.
Coveris has bought two Hosokawa Alpine coextrusion lines from Gelpack Excelsior.
Visy announced a $2 billion investment program to expand manufacturing across Australia, including clean energy, recycling, paper mills, corrugated box plants and packaging, expected to create 5,000 direct manufacturing jobs over the next decade.
Weidmann Whiteley, a paper manufacturer in Pool-in-Wharfedale near Leeds, invested £275,000 in upgrading its paper presses and created four jobs. The upgrade helped it win a £2.5m North America contract, and it received £27,500 from the Leeds City Region LEP.
Schenck Process is investing to renovate its main Whitewater, Wisconsin plant into a dedicated stainless steel production facility, removing carbon steel manufacturing. The facility is expected to be fully operational by October 1, 2017.
Plastics supplier ActionPlas has invested over GBP 1 million in new premises, staff and machinery to support its growth plans.
Yuanda Valve Group began construction of its North China pump and valve casting industrial park in Longyao County, Hebei, at a ceremony on 12 July 2017. The project has a total investment of 1.22 billion yuan and designed annual output of over 30,000 tonnes of valves.
Crown Holdings will invest EUR 66 million to build an aluminium beverage can production plant on 60,000 square metres at Parc Sagunt in Valencia, Spain, creating more than 100 direct jobs. The approval was announced on 6 July 2017.
Crown Holdings plans a new plant at Parc Sagunt in Valencia, reported as a EUR 66 million investment creating 112 jobs. The company would occupy about 71,000 square metres for beverage can production, pending board approval.
Crown Holdings plans to invest about EUR 66 million and create 112 direct jobs on a 60,000-65,000 square metre plot at Parc Sagunt industrial park in Valencia to make beverage cans. Approval by the park's board was expected the following Friday.
ChargePoint Technology invested in a new 5-axis machine, automated washing plant and coordinate measuring machine at its Liverpool headquarters, as part of a wider £1 million investment to speed production of containment valves up to 350mm.
Diamond Box, a UK corrugated packaging manufacturer in West Bromwich, secured an £8m finance package from Bibby Financial Services to buy a dual-print corrugated printing press.
Group HES is investing £150,000 in special purpose machinery to end-form large bore high pressure pipes up to 10 inches, and will become a UK base for the Parker Pipework Centre.
United Romanian Breweries Bereprod (URBB) invested over EUR 2 million to modernize the production line at its Pantelimon factory, applying aluminum foil without adhesive to beer cans. The technology was developed by Italian company EcoCap.
Elgi Equipments plans to acquire overseas air compressor distributors and set up assembly lines in the US, having set aside ₹5,000 crore for the purpose. The company aims to become the number two global air compressor maker by 2027.
South Korean specialty chemicals maker SONGWON Industrial Group announced it is investing in new production capacity for antioxidants used in fuels and lubricants, alongside R&D.
MAN Diesel & Turbo is investing in a 3D printing centre at its turbomachinery works in Oberhausen, Germany, to make gas turbine components such as guide vane segments.
International Paper invested more than $90 million to increase energy efficiency at its Pensacola, Florida mill, retaining 424 employees and adding 12. A further $20 million went to environmental controls and $68 million to a water quality project.
Anheuser-Busch InBev announced a capital expenditure program of close to $500 million in 2017 and $2 billion through 2020 for its U.S. brewing operations. Projects include brewery and distribution upgrades, packaging and sustainability improvements, and new distribution facilities in Los Angeles and Columbus.
Packaging maker Fleetwood-Fibre bought a seven-unit Roland 700 Evolution R707LV offset press from Manroland Sheetfed to add production capacity, becoming the first North American user of the press.
The European Bank for Reconstruction and Development (EBRD), together with Esas Holding and Actera, has acquired a majority stake in Korozo Ambalaj, a Turkish flexible packaging producer. The deal includes a USD 1 million Clean Technology Fund loan to reduce waste. It was reported on 10 May 2017.
Thimm Group invested a total of 62 million euros in 2016, including a new corrugated cardboard plant in Bavaria, a digital web press at Ilsenburg and expansions of packaging plants in Germersheim and Puebla, Mexico.