Hirsch Servo AG acquired Slovakian mold tooling specialist Ingmetal and Slovenian mechanical engineering company Koviflex. The acquisitions strengthen Hirsch Servo's position as a leading EPS specialist in Europe.
Lesjöfors Heavy Springs group installed the largest model ever made of Wafios wire coiling machinery, the FUL 226, at its Lesjöfors Fjadrar AB site in Sweden. The €1.75 million investment is part of a growth plan in the heavy springs market.
Trimble entered a definitive agreement to sell its Time and Frequency, LOADRITE, Spectra Precision Tools and SECO accessories businesses to Precisional LLC, an affiliate of The Jordan Company, expected to close in Q2 2022.
Rösler Group invested over one million euros in a new CNC moving column milling and drilling center at its Untermerzbach location to improve quality and productivity.
Darfon Equipment's subsidiary Jiangsu Hengxingmao signed a procurement agreement with Zoomlion to purchase 77 tower cranes and related spare parts for approximately RMB 52.2 million. Delivery is expected by December 2022.
Pneumostroymashina plans to build a new plant in Yekaterinburg to produce high-end hydraulic motors and pumps, with a estimated cost of 5 billion rubles. Output is expected to rise from 3,500 to 12,000 units per month.
Metso Outotec signed an agreement to acquire Tesab Engineering Ltd, a Northern Ireland-based mobile crushing equipment manufacturer, with 2021 turnover of approximately EUR 30 million and over 60 employees.
Metso Outotec announced a EUR 20 million R&D program to develop a new range of electrically driven track-mounted crushers and screens (Lokotrack), with development primarily at its technology centre in Tampere, Finland.
Pallethouse Kft., part of PEKA BAU 2000 Construction Ltd, launched a new fully automatic Europallet production line from Störi Mantel in Szikszó, Hungary, with an investment of approximately HUF 490 million, producing up to 2000 pallets per shift.
Navis TubeTex, a provider of finishing machinery to the textile industry, announced the purchase of Gaston Systems, a designer of advanced coating systems for textile and nonwoven industries.
Thordon Bearings has signed a multi-vessel supply agreement to provide water-lubricated and grease-free bearings for 12 twin-screw push boats under construction at FMT Shipyard & Repair in Louisiana for Maritime Partners.
Manitou Group plans to invest $80 million in its two North American production sites in Yankton and Madison, South Dakota, to increase plant capacity and fund R&D.
CZM, a foundation drilling rig assembly center, announced plans to expand its existing facility in the Interstate Centre II industrial park in Ellabell, Georgia. The company will invest $5 million to add 33,000 square feet of shop space and hire 15-20 new employees.
Azimut Libera Impresa SGR, on behalf of its private equity funds, together with HLD Group, signed a binding agreement to acquire 80% of C.B.G. Acciai S.p.A., a steel blade processing and trading company, from Xenon Private Equity VII and the Filippini Fantoni family.
Saica plans a second phase at its Hamilton, Ohio plant, adding two converting machines including a 4-colour Bobst flexo folder-gluer and a 2-colour Bobst rotary die-cutter. Civil works are to start in coming months, with both machines running in the second half of 2023.
Dragon Products has completed the acquisition of specific assets of Vantage Trailers, including trademarks and patents for aluminum bulk aggregate/aluminum dump trailers and pneumatic trailers. Terms were not disclosed.
ASV/Yanmar plans a $9.4 million expansion in Grand Rapids, Minnesota, including a 60,000 square foot high-bay warehouse and manufacturing equipment, to ramp up production of compact track loaders and add hundreds of jobs.
SK-Precíziós Szerszámgyártó Kft., part of the German Karl Schüssler family company, will build its first factory outside Germany in Sárospatak, Hungary, with an investment of over HUF 2 billion (EUR 6 million). The plant will create nearly 30 jobs and produce 200,000 precision tools per year using 30 CNC machines.
LemuGroup has announced its acquisition of Mida Machinery, a Spanish manufacturer of printing and digital finishing equipment, signed and executed as of April 8, 2022.
TJM Capital Partners purchased the Machine Tool Solutions Division of the UK's 600 Group, including Colchester Machine Tool Solutions and Clausing Industrial, on April 8, 2022.
Summit Supply, a division of All States Ag Parts, acquired Dominion Equipment Parts, an OEM parts distributor for Morooka rubber track carriers and aftermarket rubber tracks and undercarriage parts.
CargoBeamer will start production of intermodal wagons at a former locomotive factory in Erfurt, Germany, with capacity of 500 wagons per year from 2023.
Hyva's Pacific branch acquired all assets of Truck Cranes Australia (TCA), located south of Brisbane, Queensland, to expand in the Queensland market.
West Michigan Tool & Die is expanding its operations in Benton Harbor Township, Michigan, with a $3.4 million project expected to create 22 jobs. The company will add a bay and reconfigure its machining building.
Finrel SpA, the Casappa family holding company, completed the acquisition of a 51% stake in Tecnord Srl, headquartered in Modena, from Delta Power Company. The deal was announced on 8 April 2022.
Parason Machinery has received an order for a Shoe Press from Ashoka Kraft Industries for a 400 TPD greenfield kraft paper plant near Guwahati, Assam.
Mirka Ltd. has acquired 100% of the shares of Finnish robotics company Flexmill, specializing in surface treatment automation for sanding, polishing, and deburring.
Nidec has acquired a larger site in Pinghu, Zhejiang, for its machine tool subsidiary Nidec Machine Tool, expanding the planned factory area to 200,000 sq m, three times the original plan. The first factory is expected to start in March 2023 with annual production of 300 gear machines.
Batten & Allen has announced a £400,000 investment in a new Bruderer BSTA 280-75B2 high-speed press at MACH 2022, capable of producing six million components per day for electrical applications in automotive, aerospace, and consumer goods.
Parason Machinery has received an order for a Shoe Press from Ashoka Kraft Industries for a 400 TPD greenfield kraft paper plant near Guwahati, Assam.
Admix Inc. announced its acquisition of Denmark-based Diaf Pilvad ApS, a manufacturer and supplier of dispersion and agitation equipment.
LVD Company nv acquired the solutions business unit of KUKA Automatisering + Robotics nv in Houthalen-Helchteren, Belgium, to launch LVD Robotic Solutions bv, expanding LVD's expertise in robotics automation for sheet metalworking and other industrial applications.
B&R, the automation technology company and ABB subsidiary, is expanding its production area in Eggelsberg, Austria by 7,000 square meters, creating new jobs in production, development, and IT.
H.I.G. Capital, an alternative investment firm, acquired SIAT Group, a global market leader in case taping machinery and pallet wrapping machinery. SIAT is headquartered in Turate, Italy, and employs over 300 people.
Batten & Allen has ordered a £400,000 Bruderer BSTA 280-75B2 high speed press at the MACH 2022 trade show. The press will stamp precision parts for electrical applications in automotive, aerospace and consumer goods.
Bosun (002698.SZ) signed a contract with Inner Mongolia Junzheng Chemical for the design, technology services and supply of automated furnace robots, calcium carbide pot handling systems and finished calcium carbide transfer equipment for a BDO and PBAT project. The contract value is CNY 291 million.
HUBER SE started construction of a new production hall of about 7,000 m² at its Berching, Germany headquarters, expanding its two existing halls for its 150th anniversary. The new hall is expected to relieve existing halls and allow other process areas to expand.
Trützschler India held a stone-laying ceremony on April 5, 2022 for a new 164,000-square-meter factory in Sanand near Ahmedabad, India. The facility will produce spinning preparation machines, card clothings, and nonwoven equipment.
BID Group received a turnkey order from Westervelt Lumber to modernize their planer mill in Moundville, Alabama, featuring the first robotic trim block management system with AI. Start-up is expected in Q1 2023.
BKB Precision announced 365 Capital as a new majority shareholder and the acquisition of ANKRO Kunststofverspaningstechnieken BV. The group will be led by current CEO Mannes Westhuis.
Solectrac, an electric tractor manufacturer and Ideanomics operating company, moved into a new 36,000 square-foot facility in Windsor, California, to expand manufacturing and assembly capacity. The facility is operational and expected to run at full capacity by June 2022.
The SIC Group acquired a stake in Sauter Bachmann AG, a Swiss manufacturer of gears and drive systems. Martin Sauter will retire on January 1, 2023, and Max Bachmann will remain as co-owner and Co-CEO.
Atlas Copco Gas and Process received an order from Plug Power for two nitrogen compressors and eight turboexpanders for two 15-tons-per-day hydrogen liquefaction plants in Texas, with delivery expected in Q2 2023.
Maillis Group, a manufacturer of end-of-line packaging equipment, was acquired by Sigma Plastics Group and Teufelberger on April 4, 2022. The terms of the transaction were not disclosed.
Balkrishna Industries Limited (BKT) completed a INR 450 crore capacity expansion at its Waluj, Maharashtra facility, adding annual capacity of approximately 30,000 metric tons of off-highway tyres. The expansion focuses on digitalisation and automation.
Takamatsu Machinery Industrial completed its new 'Asahi Factory' in Hakusan, Ishikawa Prefecture, with an investment of approximately JPY 3.2 billion to boost production capacity and target sales exceeding JPY 30 billion.
Gamuda Australia and Laing O'Rourke Consortium signed Herrenknecht as major subcontractor to design and build two autonomous tunnel boring machines for the AUD 2.16 billion Sydney Metro West Western Tunnelling Package.
HOLT Aerial placed a large order for several Bronto S341HLA 104-metre aerial work platforms, including the first in North America, increasing its fleet by over 65%.
Ice Industries has secured additional contracts for large outdoor machine enclosures, investing more than $4 million to add powder coating capabilities and upgrade stamping press lines at its Grenada, Mississippi facility. Over 120 jobs will be added, with production launch slated for Q3 2022.
Hyundai Heavy Industries contracted TMC Compressors to deliver complete marine compressed air systems, eight compressors in total, for four VLCC crude carriers being built for an undisclosed European shipowner.