Bosch Rexroth and Weifu Group plan to form a joint venture in Wuxi, Jiangsu, to develop, make and sell hydraulic products for the Chinese market. Bosch Rexroth will merge its subsidiary Lezhuo Hydraulics into the venture, which still needs regulatory approval.

Bosch Rexroth and Weifu High Technology Group signed an agreement on August 1, 2022, to form a joint venture for developing, manufacturing, and selling mobile and industrial hydraulic products in China. The existing Le-HydrauliX subsidiary of Bosch Rexroth will be merged into the JV.

CHIRON Group SE acquired 90% of shares in Croatian company HSTEC, a specialist in high-speed motor spindles for machining. The acquisition expands CHIRON's services in Eastern Europe and its expertise in motor spindle components.

Cinven, the private equity firm, agreed to sell Tractel, a height safety solutions provider, to Alimak Group AB for EUR 500 million on an enterprise value basis. The acquisition was announced on August 1, 2022.

DMG MORI is building a 20,000 sq m highly automated production plant for turning and milling machines in Cairo, Egypt, with an annual capacity of over 1,000 machines. The joint venture DMG MORI GEMAS will be built near Cairo Airport.

Ditch Witch acquired specific assets from River City Manufacturing, including the HydraWheel design of rock saws. The product line will be manufactured and sold under the Ditch Witch name.

Gefran S.p.A. has signed an agreement to sell its drives business division (Business Azionamenti) to Brazilian group WEG S.A. for €23 million. The transaction includes subsidiaries in Italy, Germany, China and India.

Tees Components has secured several large contracts, achieving an all-time record order book of £3 million, including £1.75 million in new orders in Q2 2022. The contracts have created 8 jobs and prompted further investment of £1.7 million in machine tool upgrades.

TSI (티에스아이) signed a contract to supply a mixing system worth KRW 20.5 billion (approximately USD 15.7 million). The contract period runs until January 30, 2024.

NGK Spark Plug (Japan Special Ceramics) signed a basic agreement with IMC International Metalworking Companies of the Netherlands for a capital and business alliance in the machine tool business.

Marposs has acquired Jenoptik's non-optical process measuring technology business for grinding machines, formerly known as Movomatic. The acquisition includes facilities in Peseux, Switzerland, and in Ratingen and Ludwigsburg, Germany.

Ingersoll Rand agreed to acquire Shanghai Hanye Air Purifying Technology, an OEM supplier of compressed air dryers and filters with about $4 million annual revenue. It is one of three acquisitions announced on 1 August 2022 for a combined cash price of about $35 million.

Ingersoll Rand agreed to acquire Holtec Gas Systems, a nitrogen generator manufacturer in Saint Charles, Missouri with about $10 million annual revenue. It is one of three acquisitions announced on 1 August 2022 for a combined cash price of about $35 million.

Weber Maschinenbau is investing almost ten million euro in expanding and modernizing its Neubrandenburg plant, starting with a 3,200 square meter logistics center and later expanding halls 5 and 6. Construction started after the building permit was officially presented.

Kalmar is upgrading and expanding its terminal tractor manufacturing plant in Ottawa, Kansas, with a $21.5 million investment that will double the plant's annual production capacity.

Wauseon Machine and Manufacturing, Inc. acquired McAlister Design, Inc., a custom designer and manufacturer of automated machinery based in Greenville, South Carolina. The acquisition will allow Wauseon to double its automation sector.

Nederman acquired RoboVent, a U.S. industrial air filtration company, for approximately SEK 430 million on a cash and debt-free basis, strengthening its North American position in weld fume extraction.

Machine and equipment maker Kubota will build a new 650,000-square-foot facility in Gainesville, Georgia, investing $140 million and adding 500 jobs. The facility will double production capacity and open in 2024.

NGK SPARK PLUG CO., LTD. signed an MOU with IMC International Metalworking Companies B.V. to form a joint venture for their cutting tools business. IMC will hold 51% and NGK 49% of NTK CUTTING TOOLS Co., LTD.

Yeong Chin Machinery Industries, a Taiwanese machine tool manufacturer, acquired a majority stake in TRIMILL, a Czech company specializing in machine tools for molds and press tools.

Niterra (Japan Special Ceramics) signed a basic agreement with IMC International Metalworking Companies to form a joint venture by merging Niterra's machine tool business into subsidiary NTK Cutting Tools, with IMC holding 51% and Niterra 49%.

Emerson celebrated the official opening of its 277,000-square-foot manufacturing facility in Ash Flat, Arkansas, on July 29, 2022. The $35 million investment will produce Greenlee specialty tools for electrical tradespeople, with a goal of creating up to 285 jobs over four years.

John Deere will transition Mower Conditioner production from its Ottumwa Works plant in Iowa to its existing Hay and Forage mower factory in Monterrey, Mexico, by the end of 2023. The company also plans to invest in the Ottumwa plant for other products.

A new production cluster formed by the merger of assets from Chelyabinsk Tractor Plant and Cheboksary Tractor Plant will begin producing road-building machinery in August 2022. Planned output by year-end is 120 units, including bulldozers and pipelayers.

Cytiva opened a new 126,200 ft² site in Burnaby, British Columbia, to expand manufacturing capacity of aseptic filling workcells by over 200%, with production fully transferred by end of 2022.

NEC Corporation decided to transfer all shares of its wholly owned subsidiary NEC Embedded Products Co., Ltd. to Meiko Co., Ltd. The transfer is scheduled for the end of September 2022.

Atlas Copco has acquired Hamamcıoğlu Makina, a Turkey-based company that sells and services air compressor solutions, announced on 14 November 2023.

Atlas Copco has completed the acquisition of Sykes Group Pty Ltd from Seven Group Holdings, reported on 5 December 2023.

Atlas Copco has completed its acquisition of Kracht GmbH, a maker of external gear pumps, fluid measurement, valves, hydraulic drives and dosing systems, on 3 January 2024.

Castem Co., Ltd. and its subsidiary Castem Vietnam held the completion ceremony for a new factory in Quang Ninh Province, Northern Vietnam, in January 2026. The factory will manufacture lost-wax precision casting parts for semiconductors, precision machinery, and construction machinery. Mass production is planned by end of May 2026, with a second phase by end of 2028 targeting 1 million units per month.

HOMAG India inaugurated a new state-of-the-art factory in Rajdhani Industrial Park, Dabaspet Industrial Area, about 40 km from Bengaluru city center, to serve as a regional and global hub for woodworking machinery, software, and services.

European agricultural equipment manufacturer SAME Deutz-Fahr (SDF Group) acquired a majority stake in French vineyard robotics specialist VitiBot. The deal combines their strengths to develop precision farming products. The transaction value was not disclosed.

KraussMaffei and Nantong Zhonglan Engineering Plastics Co., Ltd. signed a sales contract for a 56,100 tons/year high-performance twin-screw extruder Lot II order for the composite project. Both companies are subsidiaries of Sinochem.

Atlas Copco Ltd has acquired Glaston Compressor Services Ltd, which will continue to operate as a standalone company within Atlas Copco Compressors UK under the Glaston name.

PTG Holroyd has received an order for a 3EX-R rotor milling machine from a leading air compressor machinery specialist, to be installed at a North American manufacturing facility. This is the 17th EX Series machine sold to this customer.

TDG Clamping Solutions has agreed to purchase a Mazak VORTEX i-630V/6 5-axis vertical machining centre with Palletech from Intermaher, with commissioning planned for Q1 2023. The investment is over EUR 1 million and is the largest since 2008.

The Netherlands Authority for Consumers and Markets cleared the acquisition of industrial manufacturers Geveke and LEWA by Atlas, finding sufficient competition remains in industrial pumps and air compressors. The decision was dated 26 July 2022.

Godrej Process Equipment is expanding its Dahej manufacturing facility in Gujarat with an additional Rs 300 crore investment, doubling capacity and adding 25,000 sq. m. of manufacturing area.

Kubota Corporation, through its European subsidiary Kubota Holdings Europe B.V., will acquire Officine BIEFFEBI S.p.A. and its subsidiary Gianni Ferrari s.r.l., both Italian mower manufacturers. The transaction is subject to regulatory clearance.

Godrej & Boyce is investing an additional Rs 300 crore at its Dahej facility in Gujarat to double revenues from its Godrej Process Equipment arm by FY25, adding 25,000 square metres of manufacturing area.

Nikkiso Clean Energy & Industrial Gases Group has added a Houston, Texas facility that manufactures and delivers ambient air vaporizers, now operational with customer deliveries underway.

Packaging manufacturer Thimm installed a new Bahmüller Turbox folder gluer and automated downstream equipment at its Wörrstadt site for EUR 4.2 million, to meet rising e-commerce packaging demand.

Schaeffler AG has entered into an agreement to acquire Ewellix Group from Triton Fund V for a purchase price of approximately EUR 582 million, plus assumed net debt of about EUR 120 million. Closing is expected by end of 2022.

Nabtesco announced plans for its new precision reducer plant in Hamamatsu, Japan, to produce 1.2 million units annually by 2030, the largest scale for the company. The precision reducers are core components for industrial robot joints, driven by demand from manufacturing automation.

Koenig & Bauer acquired a 49% stake in Celmacch Group S.r.l., a manufacturer of flexo presses and rotary die-cutters for the corrugated board industry. The partnership aims to strengthen their presence in the corrugated board packaging market, with Celmacch operating as Koenig & Bauer Celmacch.

Toshiba Materials announced a major investment of over 5 billion yen (approx. US$38 million) in a new manufacturing facility for silicon nitride balls at its headquarters site in Yokohama, Japan. Production is expected to start in November 2023, increasing capacity by 50% against fiscal year 2021.

Zakłady Automatyki Kombud S.A. and Rail-Mil Group have merged to form a holding company, approved by the Polish Office of Competition and Consumer Protection. The holding will remain in the hands of the current owners of both groups, employing over 500 people.

AMADA Group has completely taken over Promecam, a French manufacturer of press brakes, in 1986. The acquisition was announced in this article on July 21, 2022, but the event occurred in 1986.

Apro, a battery equipment maker, signed a land sale contract with Cheonan Techno Park for KRW 20.2 billion to expand its production site from 1,200 pyeong to 10,000 pyeong, enabling up to 25,000 pyeong of production facilities.

Ingersoll Machine Tools held a grand opening and expansion of its new manufacturing, assembly and testing center in Rockford, Illinois, showcasing advanced equipment including the world's largest 3D metal printing and milling machine.