SEW-Eurodrive is expanding its local capability at its new Johannesburg South Aeroton facility to include assembly of X.e Series industrial gear units, MACC units, and various drive motors for the power generation sector.
Yunnan Taibiao Group is building a new casting workshop with resin sand automatic molding lines and coated sand molding lines as part of a 1 billion yuan project to improve the whole supply chain capacity of castings and forgings. The project includes 56 million yuan for digital and intelligent control, using 5G private network for CNC machine tool casting production.
Aetna Group, through its Robopac and Ocme units, acquired Germany-based Meypack, a maker of end-of-line packaging machines for food, spirits and personal care, announced June 10, 2022.
Dynamic International opened a new U.S.-owned factory in Korea named Smart Machine Tool Korea. First machine tool shipments are expected in April 2019, with production ramping up to 80-100 machines per month by end of 2019.
Siemens acquired Senseye, a provider of AI-based predictive maintenance solutions for manufacturing and industrial companies. The acquisition expands Siemens' digital services portfolio.
Watlow signed an agreement to acquire Eurotherm, a provider of temperature and process control equipment, from Schneider Electric. Terms were not disclosed.
Shengu Group broke ground on its compressor supporting industrial park and reciprocating machine production test base in Shenyang, a 160 million yuan project expected to start production by end-2022.
Cyprus-based Agrimatco received approval from Saudi Arabia's General Authority for Competition to acquire 75% of Jeddah-based Agriculture Machinery and Materials Co.
Hufschmied Zerspanungssysteme GmbH opened a second production site in Sigmaringen, Germany, in a converted former military hall. The facility initially covers 450 square meters, expanding to 1,300 square meters, and will produce precision cutting tools.
Fortress Technology Europe opened a new 30,000 sq ft manufacturing facility, Stealth House, in Banbury, UK, tripling the company's capacity. The facility will serve as the EMEA headquarters and house nearly 70 food inspection engineering and service specialists.
The Department of Defense, through Puget Sound Naval Shipyard IMF, posted a solicitation on June 7, 2022 to lease two 5000-psi air compressors in Bremerton, Washington, with responses due June 22, 2022.
Doosan Enerbility agreed to sell Doosan Mecatec, a chemical process equipment maker, to a consortium of Bumhan Industries and Metistone Equity Partners, with closing expected in July 2022.
Voith announced the takeover of ARGO-HYTOS, a Swiss developer and producer of hydraulics components and system solutions for the off-highway sector. Voith is acquiring 79.5% of the shares, with the deal expected to close by August 2022.
Orion is investing $5 million to build a new factory in Quintana, São Paulo, Brazil, which will enter operation in November 2022. The investment supports the partnership with John Deere.
Orion, a Brazilian manufacturer of soil liquid application equipment, formed a partnership with John Deere to supply high-quality equipment for biological product application to John Deere's Brazilian dealer network. The partnership was signed on March 15, 2022 and announced at Agrishow in April 2022.
Bobcat completed a 3-year expansion plan at its Pontchateau telehandler plant in France, adding 13,000 m² of space and a new logistics building with €4 million investment. A new €850,000 welding robot was installed in September 2021.
WEG was selected by Klabin to supply a $30 million electrical package for the Puma II Project, including motors, transformers, and other electrical equipment, to support the expansion of paper production capacity.
Bailey International, owned by EBSCO Industries, announced the acquisition of Quebec-based hydraulic and pneumatic equipment maker Hydrolico International, which has facilities in Montreal and Walker, Michigan. The deal value was not disclosed.
Saudi Paper Manufacturing signed an agreement with Italian Toscotec to supply a new production line (Line 5) at its Dammam industrial city facility, costing 300 million SAR ($80 million). The line will produce 60,000 tonnes of tissue paper per year, raising total capacity to 190,000 tonnes.
A consortium led by Beomhan Industrial with Metistone Equity Partners acquired Doosan Mecatec, a Changwon-based chemical equipment maker, from Doosan Enerbility for 105 billion won, disclosed on June 3, 2022.
FENN, LLC acquired the intellectual property of Engineered Machinery Group Inc., including the rights to MacBee Engineering Group, on June 2, 2022. FENN will continue to build and support MacBee's wire and tube machinery product lines.
Galilé, owner of Escofier, will take a majority stake in German machine-tool maker Pee-Wee, creating the world's second-largest cold-forming machine-tool company. The deal is expected to close in June 2022.
Thermal Press International (TPI) moved to a new Livermore, CA facility, doubling its footprint from 10,000 to 20,000 square feet to accommodate increased demand for plastic assembly equipment.
Ariens Company will invest $38 million to locate a new manufacturing and warehouse facility in Fayetteville, Tennessee, creating 369 new jobs.
Sukup Manufacturing Co. announced a new 30,000-square foot facility in Hampton, Iowa, to expand manufacturing capacity. The facility is expected to be fully operational by the end of March 2021.
Filtration Group, an affiliate of Madison Industries, acquired Whirl-Pak, a leading provider of sterilized sampling and testing solutions including single-use sterilized sampling bags, on June 2, 2022.
Mimir completed the acquisition of Metso Outotec Metal Recycling, which will operate as Lindemann, a global developer of metal recycling solutions and services with headquarters in Düsseldorf, Germany.
Fujian Forop Advanced Materials invested in 16 Goebel IMS Monoslit 9000 slitter rewinders in 2021, with an additional agreement expected in 2022 for six more BOPP production lines. Forop plans to start two new production sites by 2025.
Excellerant and TriMech have partnered to distribute Excellerant's Collaborative Manufacturing Platform, a CNC machine monitoring and IIoT system, across the U.S. and Canada.
WEG will supply an electrical package worth R$140 million for Klabin's Puma II project in Paraná, Brazil, which will add 910,000 tons of paper capacity per year.
WEG was selected to supply a R$140 million electrical package for Klabin's Puma II project in Paraná, Brazil, which will add 910,000 tons of paper capacity per year. The package includes e-Houses, motors, transformers, and drives.
Komatsu celebrated the official opening of its new 58-acre Milwaukee campus, including a 430,000-square-foot manufacturing facility for large mining machine components and a 180,000-square-foot office building.
Takeuchi Manufacturing (U.S.) purchased an existing 156,000-square-foot manufacturing facility and office building in Moore, South Carolina, for $34.4 million. The facility will produce compact track loaders, creating around 100 jobs, with a start date expected before the end of 2022.
Kubota North America announced plans to invest $140 million to construct a new facility in Gainesville, Georgia, to expand production capacity for loaders. The project will break ground in 2022 and be fully operational in 2024, creating over 500 jobs.
Angelini Industries finalized the acquisition of the remaining 50% of Fameccanica from P&G, gaining 100% ownership. Fameccanica is an automation and robotics company for the consumer goods industry.
Action Construction Equipment (ACE) has been awarded a contract to supply 40 backhoe loaders to the Border Road Organisation, Ministry of Defence, India.
Eitrium has acquired all shares in Ab Keymet Oy, a metal subcontractor for the electronics and aerospace industries based in Jakobstad, Finland. Keymet had sales of approximately EUR 4.4 million in 2021.
Sandvik has signed an agreement to acquire 100% of the equity interests of Frezite, a Portugal-based maker of polycrystalline diamond tools for metal and wood applications. The transaction is expected to close during the third quarter of 2022.
Kubota's US subsidiary KIE will build a new factory in Hall County, Georgia to manufacture tractor implements, increasing annual capacity from 100,000 to 210,000 units. Investment is about 18 billion yen.
Eastey, a shrink-packaging equipment maker owned by Engage Technologies, moved its sealer and tunnel manufacturing into a 50,000 sq ft building in Big Lake, Minnesota, announced June 1, 2022.
Brose will invest MXN 404 million to expand its facility in Colón, Mexico, including acquiring an 800-ton press from Servornechanich for a project with Volvo.
Roper Technologies agreed to sell a majority stake in its industrial business to private equity firm Clayton Dubilier & Rice for $2.6 billion, keeping a 49% stake in the business to be spun off as a standalone company. The announcement was made on June 1, 2022.
Haitian International is investing around EUR 100 million in a 365,000 m2 plant in Ruma, Serbia, to produce up to 2,500 injection molding machines annually, with construction starting in winter 2022 and completion scheduled for early 2025.
Anaconda Equipment broke ground on a new factory in Northern Ireland that will give it significantly more manufacturing capacity, serving as a central manufacturing hub for Anaconda and some McLanahan equipment.
SEW Eurodrive (China) Investment Co., Ltd. signed an investment cooperation agreement with TEDA to invest $150 million in building an intelligent manufacturing base in Tianjin, China, producing motors, reducers, inverters, and servo control systems.
John Deere and Carraro Agritalia signed a new worldwide development and supply contract for the John Deere 5G tractors, continuing their long-term partnership.
SECO/WARWICK received an order to supply a Vector vacuum furnace to Indian fastener maker Sundram Fasteners for heat treating aviation bolts. It is the second project between the two companies.
Machinery Oy, part of Boreo, acquired the machining business operations of Moottorikoneistus Ojala Oy (GT Motor) on May 1, 2022. The business will be transferred to Machinery's facilities in Vantaa during autumn 2022. GT Motor's 2021 net sales were approximately 0.2 million euros.
Tongli Heavy Industry Co., Ltd. held a production ceremony for its Xipo base in Fengdong New City, Xi'an, Shaanxi, on May 27, 2022. The 228-mu (approx. 15.2-hectare) facility, with a total investment of 1.2 billion yuan, will produce 6,000 non-road wide-body dump trucks annually and create over 1,200 jobs.
Grotnes and Nova Sidera announced a partnership to provide broader metalforming capabilities, stronger U.S.-based support, and collaborative engineering for metalforming projects.