Venture Global LNG awarded Baker Hughes a contract for the liquefaction train system of the Plaquemines LNG project in Louisiana, with deliveries expected from the first half of 2023. Separately, Venture Global signed a 20-year LNG sales deal with Shell for 2 mtpa.
Venture Global LNG awarded Baker Hughes a contract to supply a modularized liquefaction train system with 24 compression trains for the first phase of the Plaquemines LNG project in Louisiana, built in Italy.
Slant 3D announced it will expand to a new facility on the former MotivePower site in Boise, Idaho, increasing its 3D printer count from 800 to 2,000. The company also raised a new funding round of undisclosed size.
German industrial weighing and labeling machines manufacturer Bizerba broke ground on a new €33 million production facility in Valjevo, Serbia. The 11,000 square meter plant will create around 300 jobs and is expected to become operational in Q4 2022.
Toscotec will supply ETAP a technological rebuild of PM2's press section, including a new bi-nip concept, at its Borg Elarab paper mill in Alexandria, Egypt. The paper machine makes testliner and kraftliner.
Takeuchi-US is preparing to open its first North American manufacturing facility in Moore, South Carolina, to produce compact track loaders. The 156,000 sq ft facility will employ around 100 people, with production expected to begin by end of 2022.
The 600 Group PLC has entered into a conditional agreement to sell its Machine Tool Solutions Division to Timesavers Acquisition, LLC for $21 million. The division includes 600 UK Limited, Colchester GmbH, 600 Machinery Australia Pty Ltd and Clausing Industrial, Inc.
Stirling Marathon Limited is expanding its Elora, Ontario facility by 48,000 square feet to increase residential appliance manufacturing capabilities. The Ontario government is supporting the $10 million investment with $1.5 million from the Regional Development Program, creating up to 50 jobs.
Andritz Slovakia received approval from the Humenné city council to expand its production facility in the municipal industrial park. The €15 million investment will add a 3,000-square-meter production hall and create 50-60 new jobs by 2024.
Harris, a division of Avis Industrial, announced the expansion of its advanced machine shop at its Cordele, Georgia manufacturing complex, adding over 14,000 square feet of new production and training space for CNC machining centers.
NIX Industrial is expanding its Custom Fabrication Shop on Frontage Road in Poseyville, Indiana, adding a new 25-ton crane and increasing production space. The expansion was announced on March 4, 2022.
Stertil Group expanded its global headquarters in Kootstertille, Netherlands, adding 7,500 m2 of production and office space as part of a €6.5 million investment. The expansion supports growth in heavy-duty vehicle lifts and loading bay equipment.
Hitachi sold 26% of its holding in Hitachi Construction Machinery, valued at US$1.6 billion, to Itochu and Japan International Partners, giving them a controlling share. Hitachi's stake is now 25.4%.
Formeleon, a subsidiary of Swiss Rychiger AG, began construction of a new 5,000 m² production facility with office and warehouse space in Grudziądz, Poland. The investment is estimated at 31 million PLN.
ARCH Cutting Tools Corp. acquired Greene Tool Systems, Inc., of Dayton, Ohio, a designer and manufacturer of custom cutting tools.
Keystone Powdered Metal Company and Engineered Sintered Components Company, both affiliates of Sumitomo Electric Industries, announced plans to merge. The merged entity will retain the Keystone Powdered Metal Company name.
Altrad has agreed to acquire Sparrows Group, an Aberdeen-headquartered energy services firm. Around 2,000 workers will transfer to Altrad. The deal is expected to close in Q2 or Q3 2022.
Takamatsu Machinery (TAKAMAZ) completed construction of its new Asahi Factory next to its main factory in Japan, with a total floor area of 12,000 square meters and an investment of about 3.5 billion yen. Operations are scheduled to begin in April 2022.
Tuson Corporation of Vernon Hills, Illinois acquired the assets of ISPT, LLC of Story City, Iowa on March 2, 2022, creating the Tuson Manufacturing Company division. ISPT makes precision machined components for fluid power and industrial automation. Terms were not disclosed.
HAWE Holding GmbH signed a contract in March 2022 to acquire the business units Fritz Schur Energy and Fritz Schur Teknik from Fritz Schur Technical Group in Denmark, including four locations and all activities.
Equitek (Mexico) and DIFMAQ Roure (Spain) agreed to establish a collaboration alliance to offer integrated packaging solutions for the packaging industry.
Jens S. Group acquired Bronco Transmission AB, a provider of products and specialist service for industrial brakes, gears and mechanical power transmissions, effective March 1, 2022.
VBG Group has acquired The Carlyle Johnson Machine Co., a manufacturer of power transmission components. The acquisition was announced in March 2022.
Unison Tube LLC and Moore Machine Tools have teamed up to provide their customer bases with a wider range of machine tool solutions.
Methods Machine Tools acquired Koch Machine Tool. The announcement was made in March 2022.
TERNA awarded Baker Hughes a contract to supply three NovaLT12 hydrogen-ready gas turbines and three PCL compressors for a new compression station on the Greek natural gas transmission system, expected to operate in 2024.
John Deere acquired full ownership of three Deere-Hitachi joint venture factories in Kernersville, N.C.; Langley, Canada; and Indaiatuba, Brazil. The factories will continue to manufacture Deere-branded excavators and forestry equipment.
Jamison Door Company, a manufacturer of temperature-controlled and specialty doors, merged with BMP Door Group, a subsidiary of BMP Europe. The merger creates a global high-performance door company.
Takeuchi agreed to purchase the former KOBELCO plant in Moore, South Carolina, for $34.35 million. It plans to begin manufacturing compact track loaders at the plant by the end of the year, boosting U.S. production capacity by about 40%.
Menzel Elektromotoren has signed a construction contract for a new, larger motor plant in Hennigsdorf, Brandenburg, Germany. The 8,500 m² facility will create around 100 new jobs and is expected to be completed by August 2023.
Wacker Neuson Group held a groundbreaking ceremony for a new production facility for steel components in Kragujevac, Serbia. The first construction phase involves an investment of around €23 million, with the plant scheduled to go on stream in October 2022.
DeSHAZO, a manufacturer of industrial equipment for materials handling and automation, has acquired Integrated Machinery Solutions (IMS), an engineering consulting firm and custom machinery builder in Azle, Texas. IMS will operate as a separate business unit under its current management.
Messer Cutting Systems, through an affiliate, acquired Flame Technologies, Inc., a US manufacturer of oxyfuel products based in Austin, Texas, on February 1, 2022. Flame Tech employs 48 people.
Caterpillar has made a preliminary deal to divest its longwall mining equipment business to Hauhinco. The transaction is expected to be completed during the third quarter of 2022.
Norske Skog awarded Demag a contract to design and implement a fully automatic paper roll store with four automatic cranes at its Golbey, France plant, as part of converting a newsprint line to produce 550,000 tonnes of recycled containerboard. The contract was announced on February 25, 2022.
Hexagon AB, a digital reality solutions company, has acquired ETQ, a provider of SaaS-based quality management system and compliance management software.
NNIT Group, an IT services provider, has acquired prime4services, a European provider of Manufacturing Execution System services for the life sciences industry, to strengthen its Production IT capabilities.
UNITED GRINDING Group and its long-standing partner Francis Klein have founded a joint venture, UNITED GRINDING INDIA LLP, based in Bangalore, to combine their expertise in the Indian market for precision grinding, eroding, laser and measuring machines.
Ciner Glass signed a EUR 80 million contract for process equipment for a third furnace at its Park Cam site in Bozüyük, Turkey. The total investment is expected to be EUR 130 million, adding capacity of one billion glass bottles per year and creating 100 jobs.
Acme won a tender from Foton to supply a new laser tube cutting machine, the LT-6018 EK bevel cutting machine.
Multivac has started a production hall extension of about 5,000 square metres at its Bozhurishte, Bulgaria site, costing around €5 million, with completion planned for fall 2022.
Carlhag, part of ABUS Sverige Gruppen, has delivered 39 heavy cranes, 50 light crane systems and 2 slewing cranes to Komatsu Forest's new 40,000 m2 factory in Umeå, Sweden. The contract was signed in March 2021 and is the largest single order ever for ABUS Sverige Gruppen.
Vossloh has secured a contract worth nearly €40 million to supply rail fastening systems for a new 200 km high-speed railway line between Laixi and Rongcheng in Shandong, China. Deliveries will begin in 2022 and extend through 2023.
China Tungsten and Hightech's subsidiary Chengdu Great Wall Cutting Tools will invest CNY 93.16 million to expand its CNC insert production line, adding 10 million pieces/year capacity to the existing 10 million pieces/year. Construction period is 9 months.
Infore Environment's wholly-owned subsidiary, Changsha Zoomlion Environmental Industry Co., Ltd., has won a bid for an equipment procurement project for the Nanming District Green Circular Economy Industrial Park and supporting infrastructure, with a winning bid amount of 61.622 million yuan.
Hirsh Precision Products announced plans to expand operations from Louisville and Boulder, Colorado, into a 65,000 sq ft industrial facility in Frederick, Colorado, relocating the majority of its operations.
BOMAG Americas and Linder Industrial Machinery announced a cooperation for the sale and support of BOMAG compaction, milling, paving, and reclaiming/stabilizing equipment across Florida, North Carolina, and South Carolina.
Manitou Group announced a €70 million ($80 million) investment to expand its Yankton and Madison, South Dakota manufacturing facilities, aiming to increase output by over 150% by 2026 and hire 100 people by 2023.
Craven Fawcett, part of Group Rhodes, won a multi-million pound contract to design, build, and manufacture a clay preparation and extrusion line for Ibstock's Atlas site in the West Midlands, UK, as part of Ibstock's £60 million investment.
PT Mega Surya Eratama has signed an agreement with A.Celli for full-optional end line solutions for a new packaging paper production line at its Mojokerto paper mill in Indonesia. The line is scheduled to start up in 2023.