Vow ASA subsidiary C.H. Evensen secured a contract to deliver a gas heated galvanizing furnace to Otto Lehmann GmbH in Germany. The contract is valued at around EUR 1.2 million, with delivery scheduled for Q4 2022.

Kobelco Construction Machinery will expand its Ogaki Plant in Gifu, Japan, increasing production capacity from 8,500 to 11,500 units per year by adding a new assembly line for 5-ton and 7-ton mini-excavators.

Haier Smart Home plans to invest CNY 3.07 billion to build a new plant in Jiaozhou, Qingdao, with an annual capacity of 2 million large refrigerators.

Daikin Industries has signed a share purchase agreement to acquire Duplomatic MS S.p.A., an Italian hydraulic equipment manufacturer, for 220 million euros from Alcedo SGR and management. Completion is scheduled for June 2022.

Manitou Group announced the acquisition of a majority shareholding in its Finnish dealer Lifttek, based near Helsinki, effective April 27, 2022.

Fanuc announced a €130 million investment in 2022 to strengthen its European presence, including a new €20 million technical center in Germany expected to go live in 2023.

Elsewedy Electric and Wolong Electric signed an agreement to trade electrical motors and establish a world-class service center in Egypt, with a strategy to localize the motor industry.

voestalpine RFC Aerospace has chosen a MODIG HHV3 machining solution for machining extrusions and bars. The order includes a horizontal machining center for processing long extrusions from 3 to 30 feet.

Australian packaging machinery manufacturer Foodmach has invested over half a million dollars in a Fiber LME laser cutting system from Cutlite Penta for its factory in Echuca, Victoria.

Aalberts advanced mechatronics, through its Mogema unit, purchased a 12-hectare plot in Dronten, Netherlands, to build a new factory for producing aluminum and steel frames for semiconductor production machinery. The factory is scheduled to be ready in early 2025.

Cyient, an IT firm, will acquire Citec, a plant and product engineering services company, for approximately Rs 800 crore in an all-cash deal. Citec serves energy, mining, process, oil and gas, and manufacturing industries, with 1,200 employees worldwide.

Terex Corporation announced the acquisition of Steelweld, a manufacturer of heavy fabrications based in Northern Ireland. The purchase supports Materials Processing's growth strategy by increasing fabrication capabilities.

Bayou Metal Supply, part of the Eastern Shipbuilding Group team, was awarded the start of fabrication for the fourth United States Coast Guard Offshore Patrol Cutter. The company is building modular aluminum panels and parts for the four ships under construction.

WM SE signed an agreement on April 22, 2022 to acquire 100% of MTS MarkenTechnikService GmbH & Co. KG from Deutsche Bahn subsidiary Schenker AG and other shareholders. The transaction is subject to antitrust approval and other conditions.

Parker Hannifin plans to add 52 employees at its Colorado Springs facility to expand its engine mobile aftermarket division, manufacturing fuel and oil filters for automotive and medium-duty trucking. Total local workforce will grow to over 70.

PTG Holroyd received an order for its 17th EX Series rotor milling machine (model 3EX-R) from a leading air compressor manufacturer. The machine will be built at PTG Holroyd's Rochdale facility and installed at the customer's North American plant to produce rotors for portable and stationary air compressors.

Summit Carbon Solutions said it hopes to buy 51 carbon dioxide reciprocating compression packages for $113.5 million from Xebec Adsorption under a memorandum of understanding, with completion expected by the end of Q3 2023. The packages will be built at Xebec Systems USA's Colorado facility for a planned $4.5 billion carbon capture project.

KSB opened a 5,000 square meter plant in the Indigo industrial park in New Moscow, funded with about 750 million rubles of foreign investment. It expects to create 110 jobs and produce about 700 pumps in 2019 and 1,200 in 2020.

Hyde Industrial Blade Solutions announced on April 22, 2022, its merger with Applied Cutting Technology of Midlothian, Virginia. The combined company will operate under the Hyde name.

The company signed a contract with Jiahua Chemical Quanzhou Co., Ltd. for a dual phase steel heat exchanger and container project supporting an annual production capacity of 400,000 tons of alkoxylation new materials, with a contract amount of CNY 11.2 million.

Takamatsu Machinery (TAKAMAZ) started operations at its new Asahi factory in Hakusan, Ishikawa Prefecture on April 4, 2022. The plant, built with an investment of about 3.2 billion yen, will assemble customized CNC lathes and turnkey systems, employing about 150 people.

On April 21, 2022, AGCO/Fendt inaugurated a new paint shop and logistics centre at its Hohenmölsen site in Germany. The expansion includes cathodic dip coating and powder coating capabilities.

Nidec announced plans to acquire three machine tool manufacturers by 2025 to grow its machinery business to 500 billion yen, having already acquired Mitsubishi Heavy Industries Machine Tool and OKK.

Mutares SE & Co. KGaA has signed an agreement to acquire Siemens Energy Engines S.A.U. and related assets from Siemens Energy S.A. The transaction is expected to close by the end of Q3 2022.

Prometheus Group, a provider of asset management software, acquired LUCY Industrial Management Solutions, a Dutch software firm for capital project execution. Financial terms were not disclosed.

JCB is investing INR 1000 crore to set up a dedicated exports facility for critical parts and components in Vadodara, Gujarat, India. The plant, inaugurated on April 21, 2022, will create 1,200 direct jobs and will reach full capacity by October 2022.

JCB India inaugurated a new £100-million factory near Vadodara, Gujarat, to consolidate manufacturing and fabrication of parts for global factories. The plant will generate 1,200 direct jobs and is expected to start full production in October 2022.

Hitachi Construction Machinery will increase production facility capacity for compact products at its Shiga Works by approximately 30% by FY 2025, and plans to relocate and enhance the product test site from FY 2024.

Fluid blending equipment maker Fusion Fluid Equipment plans a $6.1 million, 42,000 sq ft expansion of its Whitehall, Michigan production facility, creating 35 jobs over three years.

The Boring Company raised $675 million in a Series C funding round led by Vy Capital and Sequoia Capital, valuing the company at $5.675 billion, to scale boring machine production and build tunnels.

Scottish engineering firm Ross-shire Engineering (RSE) completed an investment in DPS Group, an electrical, instrumentation and control solutions provider.

JASO Industrial Cranes received a contract to supply 31 cranes for the expansion of Siemens Gamesa's offshore wind blade factory in Hull, UK, which will double in size to 77,600 sq m by 2023.

Metsä Board's Husum pulp mill renewal's first phase is approaching completion, with a new recovery boiler and turbine set to start up in September 2022. The project will increase electricity production by 330 GWh per year.

Electris completed a nearly PLN 50 million investment project, launching a fully automated electroplating plant with wastewater treatment and expanding its facility with a new hall for switchgear and control cabinet assembly.

Nanjing No. 2 Machine Tool signed a 37 million yuan contract with Great Wall Motor to supply 78 CNC gear machines, including hobbing, shaping, and shaving machines, the largest single order in China's gear machine tool industry.

Nidec is investing 10 billion yen (about $80 million) to double the size of its Nidec-Shimpo production plant in Luzon, Philippines, boosting gear reducer capacity from 30,000 to 80,000 units per month by 2025 and adding 400 jobs.

Keppel Offshore & Marine selected Siemens Energy to provide power generation and compression packages for Petrobras' P-78 FPSO in Brazil's Búzios field. Equipment will be built at Siemens Energy's Santa Barbara d'Oeste facility, with delivery slated for 2023.

Tupy S.A. announced an agreement to acquire MWM do Brazil, a wholly owned indirect subsidiary of Navistar International Corporation (a TRATON SE subsidiary), to extend services including machining, assembly, and engineering, and enter new sectors such as energy and decarbonization.

Weichai Power Co., Ltd. agreed to acquire a 22.69% stake in Weichai Lovol Heavy Industry Co., Ltd. from Weichai Holding Group for 1.584 billion CNY (approx. $250 million), increasing its ownership to 62%. The announcement was made on April 18, 2022.

Foselev and Ponticelli jointly created the GIE Megalift, a joint venture for heavy lifting and exceptional handling operations, based in Valenciennes, operational from May 1, 2022.

Wuzhong Group's machine tool company signed a batch order for CNC floor-type boring-milling machines with a total contract value exceeding 100 million yuan, for use in wind power, metallurgy, energy, and shipbuilding industries.

Haitian Precision announced it will invest 1 billion yuan to build a high-end CNC machine tool intelligent production base in Ningbo, Zhejiang Province, including a production base for key components and an innovation center.

Cummins Inc. closed its acquisition of Jacobs Vehicle Systems (JVS) from Altra Industrial Motion Corp. JVS supplies engine braking, cylinder deactivation, start and stop and thermal management technologies, with facilities in Bloomfield, CT and Suzhou, China.

Cim-Tek Filtration will expand its facility in Kennett, Missouri, by 140,000 square feet, creating up to 77 new jobs. The expansion will broaden production capabilities for filtration products.

Nabtesco is investing approximately €360 million (47 billion yen) in a third production plant in Hamamatsu, Japan, to double its production capacity to two million precision gearboxes per year by 2026. Construction starts in autumn 2022, with building completion planned for September 2023.

Edströms Maskin AB won a contract from Upphandlingscenter Falun Borlänge-regionen to supply two CNC-controlled multi-operation machines to Lugnetgymnasiet in Falu kommun, Sweden, valued at 1,500,000 SEK.

Linde Hydraulics is investing EUR 50 million in 50 projects across its German sites, including its Aschaffenburg main plant, the Ballenstedt valve factory and the AB-GUSStech foundry. The programme is to be completed by 2025.

HMS Group has signed a contract worth RUB 3.3 billion to manufacture gas transportation units (compressors). Deliveries are scheduled for 2023-2024 to a gas condensate field in Russia.

Whirlpool broke ground on a $65 million expansion of its Ottawa, Ohio plant, which will create more than 100 new jobs and is expected to be completed by the end of 2023.

Asahiseiki Kogyo will construct a new assembly plant for large press machines at its head office factory in Owariasahi, Aichi Prefecture, with a total investment of about 630 million yen and start of operations in 2024.