超卓航科 (688237.SH) announced plans to invest approximately 201 million yuan to build an additive manufacturing production base in Luoyang, Henan province. The facility will serve as a supporting base for military main engine production.
D'Hondt Thermal Solutions (DH-TS) was awarded by KZJV the design and manufacture of modularized air-cooled heat exchangers for the Plaquemines LNG facility in Louisiana owned by Venture Global. Engineering will be in France and manufacturing in Korea.
Honeywell opened its first assembly plant for advanced automation and safety equipment in Almaty, Kazakhstan on July 20, 2022. The plant will produce ICSS (Integrated Control and Safety System) technology for the petrochemical, oil and gas industries.
IMPCO Machine Tools received orders for five microfinishing systems totaling $3.5 million from an electric vehicle OEM. The systems will be delivered to plants in Mexico and the USA.
Cameroon's SODECOTON awarded a letter-order to RW King for two screw air compressors for its ginning plants, for 35,000,000 FCFA with 90 days for execution. The decision is dated July 20, 2022.
Italian investment firm Ambienta agreed to acquire HolwegWeber, a machinery maker for paper-based flexible packaging, to combine it with its In.Pack Machinery. The combined group will have 7 production sites on 3 continents and 400 employees.
CNH Industrial acquired Specialty Enterprises LLC, a manufacturer of aluminium spray booms for agricultural applications. The announcement was made on July 19, 2022.
TRUMPF has acquired the remaining 49 percent of the shares in Indian software developer TRUMPF Metamation Private Limited, a specialist in CAD and CAM software applications and machine control solutions.
Tranter won an order for six NovusBloc heat exchangers to be installed in a bio-plastic factory in Thailand that will produce lactic acid, lactide, and polymer from sugar cane. The plant is the world's first fully integrated PLA facility, with startup scheduled for early 2024.
Modulift is moving into a new 22,000 square foot manufacturing facility in Poole, Dorset, to support its global growth. The expansion is backed by 23% growth in 2018 and includes a recruitment campaign to increase personnel by up to 30%.
Mecklenburger Bauelemente, a subsidiary of Rodenberg Türsysteme, built and put into operation a second coating bay at its Cramonshagen, Germany facility to increase capacity. The 1,600 m² bay includes four spray booths and an automated power-and-free system.
FERTEC SA announced a new industrial plant in Marcos Juárez, Argentina, with 3,350 square meters, including 2,450 square meters for production of fertilizer spreaders. The plant will produce towed and self-propelled models for domestic and export markets.
Shaanxi Bingzhi Machinery Co., Ltd. signed a contract with Shanxi Datong Yungang Paper Industry for two crescent-shaped toilet paper machines, each 3500 mm wide with a design speed of 1300 m/min. The No. 1 machine is scheduled for production on October 1, 2018, and No. 2 on April 1, 2019, adding nearly 50,000 tons of annual capacity.
SW机床 (埃斯维机床) held a groundbreaking ceremony for its Suzhou factory phase 2 and Asia R&D center in Suzhou Industrial Park. The expansion will double the site area and increase annual capacity from 100 to about 350 machines, with completion expected by end of 2022.
Mahindra & Mahindra increased its stake in Finnish combine harvester maker Sampo Rosenlew Oy from 79.13% to 100% by acquiring 1,317 equity shares for EUR 4.39 million (Rs 35.57 crore).
Antewei (Anteivei) signed an agreement to build an industrial fluid intelligent control equipment R&D and manufacturing base in Changshu Economic Development Zone, with a total investment of 1.68 billion yuan. The first phase will include 100,000 square meters of green low-carbon factory and R&D facilities, with automation equipment investment of 500 million yuan, and full production is expected to generate annual sales of over 5 billion yuan.
Crane contractor MaxiKraft has begun using a new Liebherr LR 11000 crawler crane, which completed its first job erecting a wind turbine and then installed a 200-tonne crane girder at ThyssenKrupp's steel casting plant in Duisburg, Germany.
XCMG Machinery merged with its controlling shareholder XCMG Co. Ltd. in a 38.686 billion yuan ($5.7 billion) transaction, injecting assets including excavation, concrete, and mining machinery into the listed company.
Sandvik completed the acquisition of the assets of Peterson Tool Company, a US supplier of custom insert tooling solutions, for an undisclosed amount. The company had 2021 revenues of $9 million.
VisiConsult X-ray Systems & Solutions GmbH announced it has signed an agreement to acquire a majority stake in CT specialist diondo GmbH.
Fives Machining has been awarded a contract by a major subsidiary of AVIC in China for the design and supply of a Titanium machining cell, including a horizontal spindle machine based on Forest-Liné Powermill Ti technology. The contract became effective in early June 2022.
AGCO announced R$340 million in investments to manufacture new planter models, expand the heavy tractor assembly line in Mogi das Cruzes, and improve sustainability. The investment includes expanding the Mogi das Cruzes factory from 42,000m² to 57,000m² and the Ibirubá factory from 7,000m² to 20,000m².
Kubota will invest approximately 17 billion yen to build a new building at its Hirakata plant in Osaka, Japan, to increase production capacity of mini excavators by 63% to 78,000 units per year. The new building is expected to start operations in 2024.
Topeka Foundry & Iron Works (TFI) is making an additional $5 million capital investment in its expansion, increasing the total economic impact to over $210 million. The expansion includes new technology and building restorations.
Lenbach Equity Opportunities II GmbH & Co. KG, managed by DUBAG-Investment-Advisory-GmbH, completed the acquisition of Schaeffler's global chain drive business. The business will operate under the Catensys brand and includes nine sites with 560 employees.
Mettler-Toledo Rainin bought a new facility in Vacaville, California for $20.25 million at the end of June 2022 and plans to open it there. The announcement was reported on July 14, 2022.
Anduril Industries will invest $60 million in a new manufacturing and research facility at 1435 Hills Place Northwest in Atlanta, Georgia, creating more than 180 jobs in Fulton County over three years. The site will house Area-I, its unmanned aircraft systems subsidiary.
Manitowoc Crane Group Germany held a groundbreaking ceremony for Hall 12 at its Wilhelmshaven site, which will expand production floor space by 40% and house final assembly for mobile cranes. Completion is expected by June 2008.
Bühler created a joint venture with IMDHER, named IMDHER Bühler, to drive efficiency and sustainability in the feed industry. Bühler acquired a 49% minority stake in the joint venture.
GE Oil & Gas has invested in a SORALUCE FR-11000 travelling column milling centre and a SORALUCE KB150 boring machine at its Brent Avenue facility in Montrose, Scotland, to increase capacity for producing larger subsea valve blocks.
Grob Group invested $234 million to establish Grob Machine Tools (Dalian) Co Ltd, its fourth largest production base worldwide, designing and manufacturing five-axis CNC machining centers.
Midwestern Metals and its sister company Custom Dredge Works are adding two more large buildings in 2022 as part of a $3.5 million expansion approved in 2020. The buildings should be erected and finishing steps completed by the end of summer 2022.
Cavaform International hosted a groundbreaking ceremony for a 15,000 sq ft addition to its mold building facility in St. Petersburg, Florida, to house new machining cells and increase capacity for medical diagnostic products.
Moldow A/S and Dan-Web Machinery A/S completed delivery of a complete production line and air filtration system for a large airlaid manufacturer in the United States. Moldow supplied four baghouse filter systems and about 70 fans.
BOSS Engineering is embarking on an $8 million project to develop a new Gen2 air seeder cart manufacturing line in Inverell, NSW, expected to create up to 70 new fulltime jobs. The project is supported by a $1.4 million grant from the NSW Government's Regional Job Creation Fund.
Siemens Energy was selected as single solution supplier for the all-electric 2.1 mtpa Woodfibre LNG terminal near Squamish, British Columbia, covering main refrigeration compressor trains, motors, drives and transformers. The contract value was not disclosed.
Sidel supplied and installed a complete PET bottling line at Mai Dubai, filling 86,000 bottles per hour in three formats, described as the fastest single line in the Middle East, Africa and Asia.
Finland-based process technology house Roxia has partially acquired German filter manufacturer Aquachem to secure access to its filter press technology and deepen cooperation.
Kubota will build a new factory in India for agricultural equipment as part of a $2.2 billion investment plan by 2030.
Kubota will build new factories in the U.S. for construction equipment and in India for agricultural equipment, investing around 300 billion yen ($2.2 billion) by 2030, aiming to shift half its production overseas.
DMG MORI held a groundbreaking ceremony for a new factory in Pinghu, China, with an investment of $105 million, to produce 5-axis milling centers, with production starting in early 2023.
Muge Precision Tools (Hangzhou) Co., Ltd. received the first DMG turning and milling compound machining center in China on July 9, 2022. The machine will be used for production line expansion and improving delivery cycles of non-standard tools.
Juhao Machine Tool's new plant in Taishan, Guangdong, has commenced trial production. The project, with a planned total investment of 2 billion yuan, will produce high-end CNC machining centers and precision castings with an annual capacity of 4,200 machine tools and 50,000 tonnes of castings.
Wacker Neuson plans to invest $10 million and hire 200 employees at its Menomonee Falls, Wisconsin plant to reconfigure assembly lines for producing John Deere-branded mini and compact excavators under a cooperation agreement.
Wacker Neuson will add 200 employees and invest over $10 million in its Menomonee Falls plant to manufacture mini and compact excavators for John Deere, with production starting in 2-3 years.
Jin Tong Ling Technology Co., Ltd. received a progress payment of CNY 15.45 million from Cathay (Taiyuan) Biotechnology Co., Ltd. for a compressor product contract. The project includes motor-driven and turbine-driven compressor systems, with the first air compressor started on April 29, 2022, and other systems under construction.
Cleanfix North America, subsidiary of Hägele GmbH, is expanding its production facility in Stratford, Ontario, by 20,000 square feet. The expansion will nearly triple production capacity and create jobs in production and manufacturing.
John Deere expanded its commercial relationship with Wacker Neuson for the development and manufacturing of excavators under nine tonnes. Under the expanded agreement, Wacker Neuson will manufacture excavators under five tonnes (including battery electric models), while John Deere will control design and manufacturing for models from five to nine tonnes. The agreement now includes North America in addition to Oceania, China, and Southeast Asia.
Lingong Heavy Machinery Co., Ltd. announced plans to invest CNY 750 million in a project to produce ultra-large excavators and new energy mining trucks in Jinan, Shandong. The project will have an annual capacity of 12,690 units including 8000 wide-body dump trucks, 3010 new energy mining trucks, 400 articulated dump trucks, 650 pile drivers, and 630 ultra-large excavators.
Qinchuan Machine Tool Group Co., Ltd. announced a private placement to raise up to CNY 1.23 billion. Funds will be used for the Qinchuangyuan·Qinchuan Group high-end industrial machine tool innovation base project (phase I), R&D of rolling functional components for new energy vehicles, new energy vehicle parts manufacturing, and complex tool chain strengthening projects.