Grob is expanding its plant in China as part of its growth strategy.
Grob is building a new 16,200 m² assembly hall (Halle 14A) at its Mindelheim headquarters for e-mobility equipment assembly. Construction began in early 2022.
Grob is building its sixth production plant near Bangalore, India, with an investment of EUR 6 million, on a 4,675 m² site, initially creating 300 jobs. The plant will replace the current Hyderabad office.
Nikon Corporation announced a voluntary public takeover offer for all outstanding shares of SLM Solutions Group AG at EUR 20.00 per share, valuing the transaction at EUR 622 million. Nikon has secured 61.1% of SLM's share capital.
Turkmenistan's President signed a resolution allowing state concern Turkmengaz to buy compressors and spare parts from Pioneer House General Trading L.L.C. of the UAE at its own expense.
Ziehl-Abegg started construction of a new EUR 50 million plant in Lodz, Poland in autumn 2022.
UniPunch Products, Inc. and Unittool announced the combination of their brands, merging product offerings, sales channels, and manufacturing at a single location in Wisconsin to become the industry leader in C-Frame tooling.
ASDAM announced the acquisitions of TAE Aerospace and RUAG Australia, adding them to the ASDAM Group alongside Marand and Levett. The combined group has about 1,000 employees across 20 locations in Australia and the United States.
Knorr-Bremse has acquired DSB Component Workshops, the service unit of Danish state rail operator DSB, for EUR 50 million. The acquisition aims to create a regional service hub for rail systems in the Nordics.
Pemamek Ltd., a Finnish welding automation provider, announced investments in factory expansion and product development. The expansion will add 7,000 square meters to its factory, bringing the total to 27,000 square meters, and is driven by orders from the wind energy industry.
StoneAge, Inc. acquired Terydon, Inc., an industrial cleaning and water-blasting manufacturer known for automated solutions, on August 31, 2022.
U.S. Tsubaki Power Transmission, LLC purchased ATR Sales Inc., manufacturer of ATRA-FLEX premium flexible couplings, based in Santa Ana, California. The acquisition expands U.S. Tsubaki's North American manufacturing capabilities for industrial couplings.
PROCOS S.P.A. approved the construction of a new 4-floor, 4,000-square-meter production department called R11 at its plant in Cameri, Italy. The investment of approximately EUR 80 million will increase the plant's production capacity from 560 m³ to 700 m³.
BMH Technology has signed a contract with Jämtkraft AB to deliver and install a complete fuel handling plant for the Lugnviksverket facility in Östersund, Sweden, to supply a mix of recycled fuel and forest fuels to the new KVV 2 combined heat and power plant. The order value is approximately SEK 60 million, with delivery and installation in 2023 and takeover in early 2025.
Manitou Group has acquired the intellectual property of ATN Platforms, a French specialist in aerial work platforms, in a judicial recovery procedure. The acquisition includes expertise from about a dozen ATN Platforms employees based in Tonneins, France.
KHD Humboldt Wedag has secured a major order from UltraTech Cement to supply two complete pyro lines and eight grinding units for cement plants in Kotputli and Maihar, India, plus upgrades at two existing sites. The contract includes design, engineering, and supply of equipment.
Jiangsu Rongtai Industrial Co., Ltd. announced it will acquire 53% of Hebei Li Zhun Machinery Manufacturing Co., Ltd. for 190.8 million yuan. Li Zhun Machinery is a manufacturer of customized CNC machine tools.
One of the world's largest EV manufacturers has produced its first casting from a newly installed TF2800 Toggle Free HPDC machine from ItalPresseGauss at its facility in Hefei, China. Additional machines up to 3700 tons will be installed later this year.
Texada Software, a platform for the equipment dealer and rental industry, acquired LogiMove, a provider of no-code/low-code mobile applications for field operations. The deal adds mobile workflow capabilities to Texada's rental management platform.
BENALU Group acquired LEGRAS INDUSTRIES, a French specialist in moving floor semi-trailers, creating the BENALU-LEGRAS Group with a combined turnover of €250 million. LEGRAS INDUSTRIES has annual revenue of about €80 million and employs 250 people.
Emerson opened a 62,000-square-foot gas analysis solutions center in Cumbernauld, Scotland, to engineer and manufacture Rosemount continuous gas analyzers and gas chromatographs for emissions monitoring and process control.
Fabryka Taśm Transporterowych Wolbrom S.A. is building a technologically advanced production hall with a technological line for large-scale conveyor belts at its plant in Wolbrom, Poland. Atlas Ward Polska is the general contractor.
Lanshi Heavy Equipment (Lanshi Heavy Equipment Co., Ltd.) won a 155 million yuan contract to supply methyl acetate hydrogenation reactors and carbonylation reactors for Shandong Hengxin's 500,000 tons/year ethanol project.
medmix has signed an agreement to acquire the entire plastics business of Universal de Suministros in Valencia, Spain, to develop it into a production hub for its Industry segment. medmix expects to invest up to CHF 10 million and create around 180 jobs.
IMCO Carbide Tool will invest $38.96 million to expand its facility in Perrysburg, Ohio, creating 92 jobs. The project includes a new corporate headquarters and is expected to begin in Q3 2022 and be completed by fall 2023.
Chinese company BUT Construction Machinery inaugurated its first plant in Monterrey, Nuevo León, with an $8 million investment, creating 400 jobs. A second phase will add $12 million for expansion, totaling $20 million.
Dongya Machinery (301028.SZ) plans to invest RMB 733 million to build an air compressor manufacturing base in Tongan High-tech Zone, Xiamen. Construction is expected to be completed before 1 January 2025.
LFA Machines, a provider of tableting and encapsulation products, acquired Vivion Inc., a supplier of ingredient solutions, under holding company Operio Group. The acquisition expands LFA's product line and customer reach in North America.
Dinolift celebrated the opening of an expanded factory at its headquarters in Loimaa, Finland. The factory expansion added 2,400 square meters, bringing total area to 15,700 square meters, and includes a new robotic welding system and in-house production of hydraulic cylinders.
Komatsu broke ground on a 56,000-square-foot office and administration building at its manufacturing campus in Longview, Texas, as part of nearly $100 million in campus investments. The facility will consolidate functions from six buildings and is expected to be completed by December 2023.
Yazoo Mills partnered with Eberlé to complete a $3 million equipment project, part of a $6.5 million investment, adding high-speed paper tube winding lines and automated packaging systems at plants in New Oxford and Hanover, Pennsylvania.
Lenima Machine Tool AB has delivered and installed an Emco Hyperturn 65 DT multi-function lathe to Cejn AB in Skövde, Sweden. The machine can perform both turning and milling operations.
Nordic Group, through its subsidiary Avitools Singapore, has completed the acquisition of all shares in Eratech for $10 million. Eratech provides precision machining and turnkey manufacturing services.
HORN has been contracted by Ambev to supply and build a third 400 tpd container glass furnace at a new plant in Carambeí, Paraná, Brazil. HORN acts as turn-key supplier including refractory materials, steel construction, and commissioning.
AESSEAL partner AVT Reliability has received almost $10 million of new orders globally for its Machine Sentry cloud/IoT condition monitoring technology, including a large contract for offshore platforms and wins in pulp and paper, water, and cement industries.
Mumbai-based industrial automation firm Cybernetik is adding a new manufacturing plant at Vile Bhagad MIDC in Maharashtra, which will increase its industrial robot production capacity by five times.
ANDRITZ received an order from Yuen Foong Yu Consumer Products to supply a PrimeLineCOMPACT M1600 tissue production line for its mill in Chingshui, Taiwan. Start-up is scheduled for Q4 2023.
Apex International broke ground on a new 58,500 sq. ft. manufacturing facility in Fallowfield Township, Pennsylvania, to replace its Donora site, with expected occupancy in 2024.
Atlas Machine and Supply Inc. is investing $3.47 million to construct a new 32,500-square-foot facility in Hardinsburg, Kentucky, creating 78 jobs. The facility will serve as headquarters for its Field Machining Division.
The Kirov plant Mayak received an approved loan from the Russian Fund for Industrial Development to move its gas compressor production to series output of 120 units per year. The total project budget is 206.1 million rubles and is expected to create 22 jobs.
Carraro India inaugurated a new portal axle assembly line at its Pune plant, capable of producing over 42,000 pieces per year for agricultural tractors.
West Fraser has awarded Büttner a contract to supply a new drum dryer type 5.4 x 25 R and related components for its mill in Cowie, Scotland. Pre-assembly starts end of 2022, with installation during Q1 2023 shutdown.
The Kirzhach branch of Izhevsk Heat Engineering Plant (IZTT) has invested over 70 million rubles to automate production, including welding and milling robots, increasing output of water heaters to 2,000 units per day and electric convectors to 145,000 per month.
Russian compressor maker AO NPO Kompressor won a tender to supply marine compressor equipment for a passenger-cargo ferry, including two electric starting-air compressors for the ferry's diesel generator.
General Kinematics broke ground on a 42,000-square-foot plant expansion at its corporate headquarters in Crystal Lake, Illinois, to increase manufacturing capacity for mining, foundry, and recycling equipment. The expansion will include high bay ceilings with 80-ton crane capacity.
AGCO is expanding its Wolfenbüttel, Germany plant: production halls are being renovated and modernized, and starting September 2022, the site will also produce loader wagons in addition to round balers. The company is hiring 40 new employees, increasing the workforce from 280 to 320.
McNeilus Truck and Manufacturing, an Oshkosh Corporation company, will invest over $50 million to establish a new manufacturing facility in Murfreesboro, Tennessee, creating 230 jobs over five years.
Danish tanker shipping company TORM has bought a 75% ownership stake in scrubber supplier ME Production from founder Jens Peter Faldt, who retains the remaining 25%.
Festo U.S. announced a new Global Production Center at its 47-acre campus in Mason, Ohio, scheduled to begin production by year end 2022, its first such center in North America.
Manitou Group held a groundbreaking for an 80,000-square-foot expansion at its Madison plant. The $60 million project is expected to add 50-75 new employees over five years.