IPS, a North American leader in industrial and commercial power solutions, acquired Tampa Armature Works, Inc. (TAW), including all eleven TAW locations serving the Southeastern U.S., Caribbean, South America, and internationally.

Spirax-Sarco Engineering entered exclusive negotiations with Qualium to acquire the Vulcanic Group, a Paris-based industrial electric heating maker, for €261.7 million on a cash and debt-free basis. The deal is expected to complete after regulatory approvals in the third quarter.

EFI Fiery, the digital front end business of Electronics For Imaging, acquired CADlink Technology Corp, a software company for digital direct-to-garment printing, cutting, and engraving.

Frontline Machinery acquired Chieftain Equipment, an aggregate equipment dealer based in Edmonton, Alberta, representing Astec, Sandvik, and others.

SAMP reached agreement to sell a 45% stake in SETIC to GAUDER & Co. As part of the deal, SETIC transfers some of its POURTIER low and medium voltage business to SAMP, and SAMP gains exclusivity to produce and sell POURTIER machines for low and medium voltage under the SAMP POURTIER brand.

Spanish company ZAYER signed a procurement agreement with Yunnan Taibiao CNC Machine Tool for a 36-meter, dual-gantry high-precision CNC gantry machining center. The deal is valued as part of Taibiao's 500 million yuan investment in a new machining project.

Atlas Copco will invest EUR 70 million over three years in its Wilrijk site in Flanders, covering additional R&D capacity, smart factory expansion, new production technology and staff retraining.

Atlas Copco has acquired FITEC S.A.S., a French distributor of rotary screw compressors based in Tarnos near Bayonne. FITEC has 8 employees and serves small and medium-sized industries. The purchase price was not disclosed.

Xinghuo Machine Tool Group won a bid from Wuchang Shipbuilding Heavy Industry for a 'Large Cylinder Five-Axis Machining Special Machine Tool' project. The equipment will use new technologies to solve machining challenges for extra-large flexible parts.

Linamar finalized its purchase of 100% of the equity in Salford Group, a manufacturer of fertilizer application and tillage equipment. The acquisition positions Linamar as a leading Canadian-based agriculture equipment shortline OEM.

Allspeeds Limited has invested in a new Hwacheon horizontal turning centre at its Accrington manufacturing facility to reduce production times and increase scope for new product developments.

Liebherr opened a new plant for concrete trucks in Plovdiv, Bulgaria, with an investment of EUR 17 million. The facility has a production and warehouse area of 12,000 sq.m. on a 37,000 sq.m. plot.

SPINNER Machine Tools started production at a new fully air-conditioned and climate-neutral plant in Germany, combining all previous machining production activities in the country. Production began in July 2022.

Effective July 1, 2022, Schmietex Engineering GmbH acquired a large part of the needle and part assortment of Naplafa GmbH, Chemnitz, Germany, continuing production at the Chemnitz site.

JUKI Corporation, Mitsubishi Electric Corporation, and Meiryo Technica Corporation established a new joint company, JUKI TECHNOSOLUTIONS CORPORATION, on July 1, 2022. JUKI holds an 80% stake and Mitsubishi Electric holds a 20% stake, focusing on industrial sewing machines for non-apparel applications.

Chinese Westron Group acquired 88.9% of German automotive supplier Allgaier Werke GmbH, effective July 1, 2022. The deal was approved by the German Ministry of Economics in February 2022.

Rocky Mountain Wrecker Sales has merged with Santiam Enterprises, a builder of Jerr-Dan tow truck equipment in the Northwest, under the Rocky Mountain Wrecker Sales umbrella.

Lindner Recyclingtech moved into new offices and a 14,000 m² production area in Spittal an der Drau, Austria, and is hiring 100 new employees as part of the expansion.

ForFarmers UK and 2Agriculture have agreed to merge their businesses in a joint venture, with a combined production capacity of over three million tonnes of compound feed per year, subject to UK competition authority approval.

Manelec has supplied overhead cranes, gantry cranes and hoists to AGCO as part of a factory expansion at AGCO's tractor manufacturing plant in Beauvais, France.

Mermec won a tender from Belgian railways operator Infrabel for the supply of railway infrastructure diagnostics trains. The contract is valued between €50 million and €90 million.

Private equity firm AUCTUS Capital Partners agreed to invest in BMA Braunschweigische Maschinenbauanstalt, a mechanical engineering company, from Salzgitter Maschinenbau. Financial terms were not disclosed.

AOSHENG HI-TECH held groundbreaking ceremonies for two projects: an intelligent transformation project for wind power extrusion plate production and a hydrogen energy project. Total planned investment is 1.06 billion yuan, with new industrial land and buildings.

Austal USA has been awarded a contract worth up to US$3.3 billion for the detail design and construction of up to 11 Offshore Patrol Cutters for the United States Coast Guard. Construction is expected to commence in 2023 at Austal USA's new steel shipbuilding facility in Mobile, Alabama.

Welch Packaging reported an expansion of its Indianapolis operations with a new 98-inch Fosber corrugator. The announcement was made in July 2022.

Bosch Rexroth, a Bosch subsidiary based in Lohr am Main, Germany, agreed to acquire US hydraulic valve maker HydraForce, with the purchase price undisclosed and subject to antitrust approval. The contract was signed on 15 July 2022.

Tellurian awarded Baker Hughes a contract for electric-powered ICL compressors and turbomachinery for the 37-mile Lines 200 and 300 natural gas pipeline in Louisiana that will supply the Driftwood LNG plant. The equipment will cost $240 million.

Alaris Holdings has acquired Germany-based Kuhne electronic, an RF and microwave electronics engineering company, for an undisclosed amount. The acquisition expands Alaris's European footprint.

Renovare Environmental notified local officials that its West Virginia mechanical biological treatment facility will be closed indefinitely, and laid off multiple employees.

Hydroscand Group AB acquired 100% of Anderstorp Hydraulik AB, a Swedish hydraulic systems and maintenance company with about 35 employees.

Lingong Machinery Group (LGMG) will build a new production plant for electric articulated elevators in Marín, Nuevo León, Mexico, with an investment of $140 million, creating around 1,400 jobs.

Precision Marshall, owned by Live Ventures Inc., acquired Kinetic Co., an industrial knife company, for $26 million, expected to increase its steel segment's annual revenue by $20 million.

WEG is investing in a new production line for motors with permanent magnet technology at its facility in Manaus, Brazil, to meet increasing energy efficiency levels.

Siemens Mobility announced a £7 million investment in a new rail component facility in Goole, UK, which will create up to 30 new jobs. The facility, opening in 2023, will maintain traction drives, motors, and HVAC units for train fleets.

Howden was awarded a contract to supply three hydrogen diaphragm compressors for Raven SR's renewable hydrogen production facility in California, US.

Continental will invest over $40 million to build an industrial hydraulic hose production facility in San Luis Potosi, Mexico, creating about 150 jobs. The plant will add capacity for North American customers.

Bronto Skylift is delivering an eight-unit order of S56XR and S70XR mobile elevated work platforms mounted on Scania chassis to Boom Logistics' rental fleet.

Andreas STIHL Power Tools Ltd, a subsidiary of Andreas STIHL AG & Co. KG, announced plans to build a new production facility in the Eurobusiness I Industrial Park in Oradea, Romania, with an investment of EUR 125 million on a land area of approximately 147,000 sqm.

Wuxi Shengbaojia Technology Co., Ltd. won the bid for the 630-ton press automated forging production line project of Wazhou Wind Power Company, a subsidiary of Wafangdian Bearing Group, with a bid price of 8.485 million yuan.

Tanaka Seiki (300461.SZ) signed an investment agreement with Shenzhen United Innovation Management Center to establish a joint venture, Shenzhen Youfu Intelligent Equipment Co., Ltd., with registered capital of RMB 50 million. Tanaka Seiki will hold 70% and United Innovation 30%. The JV will develop and produce coating machines, key equipment for lithium battery production lines.

Dongsung Finetec signed a supply contract worth KRW 146.9 billion with HD Hyundai Samho Heavy Industries for insulation panels and membrane sheets, disclosed on June 29, 2022. The contract runs until February 4, 2025.

Atlas Copco will invest 70 million euros over three years in production capacity and expanded R&D facilities at its Wilrijk site in Antwerp, Belgium, including a smart factory extension and additional laboratories and production space.

Baker Hughes was awarded a contract by Tellurian's Driftwood Pipeline to supply electric-powered Integrated Compressor Line technology and turbomachinery for Lines 200 and 300 in southwest Louisiana, part of a $240 million pipeline investment.

Auer Lighting has added a new CNC-controlled 5-axis precision milling machine to its in-house tool shop in Bad Gandersheim, Germany, to boost precision and output of pressing tools for complex glass optics.

A major Italian aerospace parts supplier ordered a flexible manufacturing system from Starrag consisting of four Heckert HEC 500 X5 machining centres, a pallet system, and a 2,000-tool storage facility for machining aero-engine components.

Novafast opened a $4 million facility in Adelaide, South Australia, to enhance composite production capabilities for defense contracts, including the Hunter Class Frigate program with BAE Systems.

Czech engineering company 2 JCP signed a CZK 100 million contract with Siemens Energy to produce and assemble three Silyzer 300 hydrogen electrolyzers. The electrolyzers will be delivered to a commercial e-Methanol facility in Denmark.

STIHL is investing around €125 million to build a new production site for cordless and electric products in Oradea, Romania, creating about 500 jobs. The plant is expected to start operations in mid-2024.

Ariel Corporation and HOERBIGER have agreed to jointly develop dry-running compressor solutions for hydrogen refueling stations serving buses, trains and heavy-duty vehicles. HOERBIGER will offer ready-to-use compressor packages as a result.

DexKo Global has signed a definitive agreement to acquire Fluid-Press Group, an Albinea, Italy maker of hydraulic valves and manifold blocks for agricultural, industrial and construction machinery. Financial terms were not disclosed in the text provided.