Anaconda Equipment broke ground on a new factory in Northern Ireland to serve as a central manufacturing hub for its tracked crushing equipment and some McLanahan equipment for export outside the Americas.

Jier Machine Tool Group (济南二机床集团) signed an agreement to acquire equity in Jinan Maiteli Group (济南迈特力集团) on April 2, 2022, to expand product structure and market presence in stamping solutions.

Central Machine Hire Limited purchased the hire side of PL Clarke Ltd, effective 1 April 2022. The acquisition includes earthmoving equipment and expands CMH's heavy equipment hire operations in New Zealand's South Island.

Dewesoft and HBK have formed a joint venture company called Blueberry, based in Slovenia, to develop a common SDK standard for data acquisition hardware and software interoperability.

SEW-Eurodrive is building a new assembly line for MACC air-cooled condenser drives at its new Aeroton facility in Johannesburg, South Africa, to increase production capacity to three units per week and cut lead times by 36 weeks.

Geronzi is constructing a 1,750 m² facility at its industrial plant in Las Parejas, Santa Fe, for the manufacturing of seeders. The expansion follows a 1,200 m² building opened two years ago.

Hitachi Industrial Equipment Systems Co., Ltd. acquired 100% of the stock of PHOTON ENERGY GmbH, a German laser system manufacturer. The acquisition aims to strengthen Hitachi's coding and marking business by adding PHOTON ENERGY's laser technology.

FFG has named MAG as the exclusive importer of FEELER and FFG DMC machine tools.

Methods Machine Tools has entered into a partnership with lathe manufacturer Weiler.

GAM announced the acquisition of the business units of Intercarretillas and Interplataformas, Yale dealers and JLG service providers in Andalusia, for an enterprise value of €5 million.

Norway's Lorentzen Hydraulikk signed an agreement on 1 April 2022 to supply combi winches for a purse seine and trawl vessel being built by Bredgaard Boats in Denmark. It is the largest single contract in the Kabelvåg company's history.

Baker Hughes was awarded a contract by TERNA, the construction arm of GEK TERNA Group, to supply three NovaLT12 hydrogen-ready gas turbines and three PCL compressors for a new compression station on the Greek gas transmission system. The station is expected to enter operation in 2024.

Altrad Investment Authority S.A.S. completed its acquisition of ENDEL SAS from ENGIE SA. The deal, agreed on September 7, 2021, closed on April 1, 2022.

LB Officine Meccaniche announced an integration agreement to acquire Barcom srl, an Italian company specializing in environmental technologies for air purification, fume treatment, water treatment and dust filtration.

Hanwha Aerospace is pursuing the sale of Hanwha Precision Machinery's machine tool division, with an expected price of around 200 billion KRW. Potential buyers include Affirma Capital and Global Sae-A.

Karnell Group AB acquired a 72.5% majority stake in Drivex AB, a Swedish manufacturer of attachments for wheel loaders, with the existing owners retaining 27.5%.

IMA Schelling is expanding its production site in Środa, Poland, doubling hall capacity by adding nearly 7,000 square meters and creating up to 40 new jobs. The investment is approximately EUR 6 million, and the new buildings are scheduled to go into operation in autumn 2022.

Neles Corporation and Valmet Oyj completed their merger, with trading in the new Valmet shares starting April 1, 2022. The Finnish Financial Supervisory Authority had approved a supplement to the merger prospectus.

Chevron Phillips Chemical Co. LLC has let a contract to MHI Compressor International Corp. (MCO-I) to supply compressor train equipment for a new propylene unit at its Cedar Bayou plant in Baytown, Texas. The unit will be a 1-billion lb/yr C3 splitter.

Cargotec plans to exit Kalmar's heavy cranes business and evaluate strategic options for MacGregor, including a potential sale, following a failed merger with Konecranes.

Danfoss Group company Eaton Fluid Power inaugurated a new hydrostatics production line at its Pune Pimpri campus to raise localisation and serve growing demand in the Indian market, especially agriculture.

Sulzer opened a new service center in Vadodara, Gujarat, offering repairs, upgrades and parts manufacturing for pumps, steam turbines and compressors across 10,500 sq ft.

Saint-Gobain Abrasivos inaugurated a new factory in Vinhedo, São Paulo, Brazil, with an investment of about R$10 million, consolidating production lines from Jundiaí and aiming to become a world reference in conventional and diamond abrasives.

Combustion & Control Solutions (CCS) has acquired Ostrom Boiler Services and Ace Power Solutions to expand its presence in the Atlanta market and enter the power generation industry.

Agricultural equipment manufacturer KUHN placed an order with Schuler for a 6,400-ton screw press with ServoDirect technology and energy accumulator to replace a 5,400-ton machine at its Châteaubriant, France plant.

SpiraTec AG is acquiring a majority of shares in onoff AG, combining their expertise in engineering, digitalization, robotics, IT and automation for the process industry, creating one of the largest independent service companies in Europe.

Harro Höfliger is acquiring the business operations of Widmann Maschinen GmbH & Co. KG in Schlierbach, Germany, effective April 1, 2022. The acquisition adds 5,500 m² of commercial space and 650 m² of office space, and all employees will be retained.

Oukei (688308.SH) announced a rights offering to raise up to CNY 800 million, with CNY 600 million for a CNC tool industrial park project in Zhuzhou and CNY 200 million for working capital.

Bell Equipment will increasingly shift articulated dump truck (ADT) production from its Richards Bay plant in South Africa to its Germany plant, while the Richards Bay facility will focus on new, lower-volume products. No job losses are planned.

Hyundai Samho Heavy Industries and Hyundai Heavy Industries contracted TMC Compressors to deliver marine compressed air systems for five LNG carriers being built for Capital Gas Corp. TMC will manufacture the equipment in Scandinavia and ship it to Korean yards.

MHI Compressor International secured a contract to deliver compressor train equipment for Chevron Phillips Chemical's new propylene unit at its Cedar Bayou plant in Baytown, Texas. The equipment includes a steam turbine and heat pump compressor for a 500,000 tpy C3 splitter.

Investors advised by Family Trust acquired 100% of Tiefenbach Control Systems GmbH, a developer of electrohydraulic systems and sensor technology based in Bochum, Germany, from the Knapheide family.

TCL Group's Wuhan smart manufacturing industrial park for air conditioners reached a milestone with the topping-out of the phase 1 main building on March 28, 2022. The total investment is 3.42 billion yuan for a 750,000-unit annual capacity plant, with phase 1 costing 1.242 billion yuan for 500,000 units/year.

Schwing Stetter India has set up its 5th plant in Tamil Nadu at an investment of Rs 350 crore, as part of its expansion in the concreting and construction equipment sector.

Grupo Giró has acquired a majority of the capital of Serfruit and Sersuport, integrating them into the group. The combined entity has a turnover of over €170 million and 800 employees.

Avis Industrial Corporation of Upland, Indiana, has acquired the assets of FEMCO Machine, Punxsutawney, Pennsylvania. FEMCO Machine has been renamed FAMCO Service and Machine, Inc.

Mosdorfer Graph has entered an agreement with Intertech Engineering to continue as the source of Tensorex C+ products, training and support until January 2025, while Mosdorfer Graph handles other catenary products.

The Knill Group, owner of the Mosdorfer organisation, acquired the rail equipment business of Pfisterer GmbH at the end of December 2021, including all IP, manufacturing facilities and personnel related to railway products.

Arginta Engineering will build a new production facility in the Panevėžys Free Economic Zone, with a total investment of EUR 15 million across three phases. The first phase involves EUR 5 million and the plant is expected to open in 2023, employing up to 100 people initially and up to 300 in the following years.

The Competition and Consumer Commission of Singapore cleared the proposed acquisition of Meggitt PLC by Parker-Hannifin Corporation, concluding it will not substantially lessen competition in Singapore.

Sarcos Technology and Robotics Corporation announced a definitive merger agreement to acquire RE2, Inc. for $100 million, consisting of $30 million in cash and $70 million in stock, adding mobile manipulation systems for industrial, medical and subsea markets.

Equinor has awarded MAN Energy Solutions a contract to supply a subsea compressor unit for the Åsgard gas field offshore Norway, to be developed and tested in Zurich with delivery planned for March 2023.

Väderstad announced expansion of its US footprint with a new multi-functional facility in Wahpeton, North Dakota, with plans to open in 2023. The 44,000-square-foot space will include offices, training rooms, and an exhibition hall.

Lemken will further expand its Haren assembly site to include building a range of new seed drill models, following its 2021 reorganisation.

Steketee, a subsidiary of Lemken, is scheduled to open a new factory in South Holland in 2023.

Danieli has received an order worth over $650 million from Nucor Corporation for machinery and technology for a new steel plant in West Virginia, including QSP-DUE endless rolling technology. Commissioning is expected to start in mid-2024.

France Elévateur has integrated Movex into FE Group, acquiring the Spanish leader in aerial lifts. Movex produces over 200 elevators annually and doubled capacity to 400 units in 2020.

Wabtec has secured a multi-year contract from Norfolk Southern to modernise 330 D9-44CW locomotives into AC44C6Ms, adding 20 years of life to each. Completion is expected by 2025.

TOWA Corporation completed construction of a new plant building at its Kyoto East Plant to increase production capacity for cutting tools (endmills) and undertaking processing business, with total investment of about one billion yen.

Formex Industries announced a R102 million investment to buy and upgrade a new facility in Struandale, Gqeberha, to supply VW South Africa with over 20 automotive components and buy a large auto transfer press.