Komatsu NTC Ltd. has acquired all holdings of YIDA Group in the joint venture YIDA NIPPEI MACHINE TOOL CORPORATION, making it a wholly owned subsidiary, and renamed it KOMATSU (DALIAN) MACHINE TOOL CORPORATION.

JCB is investing ₹1,000 crore to scale up production of a new range of products at its latest factory in Vadodara, Gujarat. The first phase of the factory will commence in April 2022.

VEMAG is building a new production hall of almost 4,000 square meters at its Verden site. The project started in January 2021 and completion is planned for end of October 2022. The company plans to create at least 60 new jobs in 2022.

OEM Group, in partnership with Sigma Engineering Works LLC, secured a five-year contract with the largest oil and gas producer in the UAE to provide services including inspection, repair, maintenance, and spare parts for diesel engines and equipment on offshore drilling platforms in Abu Dhabi.

Ljusdals kommun awarded Edströms Maskin AB a contract for CNC machines for the Industrial Technology Programme, valued at 3,373,933 SEK, with the agreement running from April 2023 to February 2026.

TAQA announced it has fully acquired TENDEKA, a UK-based engineering and manufacturing company specializing in reservoir monitoring and control well completions, with offices in Houston, Stavanger, Aberdeen, Dubai and Kuala Lumpur.

Craven Fawcett has 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, part of a £60M investment.

Multivac is establishing a production site in Ghiloth, India, with a €6.8 million investment, covering 10,000 SQM, for thermoforming packaging machines and traysealers, with completion planned for December 2022.

DiloGroup has received a repeat order from Zhejiang Huajiang Science and Technology Co., Ltd. for a complete web-forming and needling line to process blends of glass and polypropylene fiber.

STX announced a 59.6 billion won contract with Hyundai Heavy Industries to supply defense engines. The contract runs until June 30, 2025.

Zoomlion's smart industrial city project in Changsha, with a total investment of about 100 billion yuan, has completed basic construction. The excavator park is expected to be fully operational by June 2022, producing one excavator every six minutes.

Babcock International Group has opened an Additive Manufacturing facility at Plymouth Science Park, enabling it to 3D print metal parts for the first time, with a focus on defence and engineering support.

Mitsubishi Heavy Industries Marine Machinery & Equipment concluded a licensing agreement with Mitsui E&S Machinery to manufacture and sell MET turbochargers. Production will start with three models, with the first unit expected in early 2023.

Atlas Copco will invest RMB 3 billion to build a China headquarters and R&D and manufacturing plant for industrial compressors in Wuxi New District, with annual capacity of 163,000 units. The project was signed on February 21, 2022.

Thermach has moved all operations, manufacturing, research and development to a new physical plant in Appleton, Wisconsin.

Zhejiang Heading Environment Technology Co., Ltd. signed a project investment agreement with Wuhan Economic Development Zone to build an intelligent facility for denitrification and dust removal equipment, with a total investment of 800 million yuan.

ANDRITZ received an order from Yanpai Filtration Technology Co., Ltd. to supply four needlepunch lines for its site in Tiantai, China. Start-up is planned from Q3 2022 to Q3 2023.

Terex India has launched the Franna brand of pick and carry cranes, manufactured at its Hosur facility in Tamil Nadu, and plans to launch Rough Terrain Cranes next year.

Wolffkran has appointed Verhelst Machines as its exclusive distributor in Belgium and non-exclusive distributor in the Netherlands, with Verhelst also assuming Wolffkran's tower crane rental activities in Belgium.

Unison Tube LLC of Danville, Virginia, and Moore Machine Tools of West Jordan, Utah, have joined forces to provide a wider range of machine tool solutions to their respective customer bases.

Plug Power signed a collaboration agreement with Atlas Copco Mafi-Trench and Fives to jointly develop hydrogen liquefaction plants. The partnership aims to standardize turnkey liquefier plants for global markets.

Redex Group announced the acquisition of ANDANTEX USA Inc., a New Jersey-based company that has been selling and servicing Redex Group products in North America for 40 years.

Feiring Bruk and Nasta have signed an agreement to convert a Hitachi ZW310 wheel loader to run on biogas, creating Norway's first biogas-powered wheel loader. The machine will be delivered in August 2022.

Shuanghuan Driveline (002472.SZ) announced it will invest 180 million yuan (90% stake) and Nanjing Chuangsa will invest 20 million yuan (10% stake) to establish a joint venture, Jiangsu Huanhuan Transmission Equipment Co., Ltd., with registered capital of 200 million yuan. The JV will focus on high-end gear transmission equipment for new energy, metallurgy, building materials, ports, and power sectors.

Guangdong Homa Refrigerators Co., Ltd. began construction on a 30,000-square-meter air-cooled refrigerator production base at its fifth plant in Nantou Town, Zhongshan, with an investment of about 100 million yuan. The project will add 300,000 units of air-cooled refrigerator capacity annually, create 500 jobs, and is expected to be completed and operational by early 2023.

ProMach, a processing and packaging machinery maker, has acquired TechniBlend, a provider of engineered liquid processing systems for beverages, dairy and chemicals. The deal expands ProMach's processing technology portfolio. Financial terms were not disclosed.

Japanese conglomerate HIROTEC is acquiring the automotive business of Emil Bucher GmbH & Co. KG, a German manufacturer of special machines for the automotive and aircraft industries. The purchase agreement was signed on 15 February 2022, subject to antitrust approval.

Peak Toolworks announced the completion of its acquisition of Tooling Concepts Inc. in Elkhart, Indiana, adding a sharpening site to its 12 locations across the USA and Canada.

Imperial Systems Inc. has spent more than $1 million on a major expansion at its facility in Mercer, Pennsylvania.

Tsubaki Nakashima decided to build a second plant in Thailand to increase ceramic ball production capacity. The investment is approximately ¥2.7 billion, with production start in Q3 2022.

Baker Hughes expanded its presence in Guyana with the opening of a major facility to support regional customers and localization.

Autowell (688516.SH) won a tender from JA Solar's subsidiaries Qujing JA Solar and Hefei JA Solar for silicon wafer sorters and multi-busbar stringer & tabber machines, with a total contract value of approximately CNY 110 million.

Wärtsilä was contracted by Remontowa shipyard in Poland to supply four 31DF dual-fuel engines per vessel and an LNGPac fuel system for three new LNG-fuelled RoPax ferries. The ferries will be operated by Unity Line and Polferries. The contract was signed in January 2022.

The Australian Department of Defence awarded a contract to DMG / MORI SEIKI AUSTRALIA PTY LTD for tools and machinery services, valued at $1,995,272.40. The contract was awarded on 14 February 2022.

ERIKS NV has entered into an agreement to sell its North American activities, operating under names including ERIKS North America, Rawson-Industrial Controls, ERIKS Seals and Plastics and CNC Flow Control, to LKCM Headwater Investments, a US-based private investment firm.

Kede Numerical Control Co., Ltd. has awarded a contract to Chengdu Ningjiang Machine Tool Sales Co., Ltd. for four THM6380 precision horizontal machining centers at a total of CNY9.4 million.

Doosan Heavy Industries & Construction signed a contract with Tuwaiq Casting & Forging Company to build a casting and forging plant in Saudi Arabia. The contract is valued at KRW 1.01 trillion (approx. USD 846 million) and runs from 15 February 2022 to 14 January 2025.

Eurocrane (China) Co., Ltd. has partnered with the Mengcheng Economic Development Zone to begin construction on a new 35-hectare intelligent crane production base. This expansion will increase total output beyond the current annual capacity of 3,000 industrial cranes and 5,000 hoists.

Lingong Group Jinan Heavy Machinery Co., Ltd. is building a new plant in Licheng District, Jinan, Shandong, with an investment of 1 billion yuan. The facility will produce 15,000 new energy mining trucks and 3,000 ultra-large excavators annually, with construction from Q2 2022 to Q4 2023.

Kipper Tool Co. was awarded a $9,079,247 firm-fixed-price contract by the U.S. Army for tool load for the metal working and machining shop set at Rock Island Arsenal-Joint Manufacturing Technology Center, Illinois. The contract has an estimated completion date of Feb. 10, 2027.

EnerMech invested USD 30 million in new equipment including compressors, air dryers, nitrogen units and fluid pumps across its global locations. It also agreed a strategic deal with an air drilling services provider giving access to up to USD 15 million of equipment.

Eclipse Automation Inc announced its first manufacturing facility in Asia, to be built in Batu Kawan, Pulau Pinang, Malaysia. The groundbreaking ceremony was held on 10 February 2022, with construction expected to start in Q1 2022 and commercial operations targeted for 2023.

KDT subsidiary is building a production base for high-end furniture machinery in Shunde, Foshan, China, covering 133,334 m², with construction starting in Q4 2021 and expected completion in 2023. The announcement was made on February 10, 2022.

Northern Wide Plank (NWP) is expanding its manufacturing facilities in Schomberg, Ontario, adding 40,000 square feet of space and installing new production lines, with completion scheduled by December 2022.

LUFKIN Industries relocated the machine shop operations of its Don-Nan unit from Midland, Texas to an expanded facility in Claremore, Oklahoma, adding at least 70 full-time jobs. A ribbon cutting for the expanded facility took place on February 10, 2022.

Italian hydraulic component maker OMFB Group acquired UK dealer Commercial Vehicle Hydraulics Limited, which becomes CVH-OMFB Ltd, after 30 years of partnership. OMFB Group reported EUR 80 million turnover in 2021.

WEG announced the construction of a new electric motor factory in Santo Tirso, Portugal, with an investment of €23.5 million. The 22,600 m² facility will expand production of large electric motors and centralize operations, creating around 100 new jobs.

Industrial Physics Inc. acquired Steinfurth, a German manufacturer of quality control instruments for the beverage, food, and pharmaceutical industries. The acquisition expands Industrial Physics' portfolio in food and beverage packaging testing.

AT Precision Tooling Sdn Bhd, a wholly-owned subsidiary of AT Systematization Berhad, signed a 2-year Value Contract with Rieter Machine Works Ltd to manufacture and supply aluminium parts for Rieter's card and ring spinning machines worth USD10 million, from 1 January 2022 to 30 December 2023.

WEG announced construction of a new electric motor factory in Santo Tirso, Portugal, with an investment of €23.5 million, creating about 100 jobs and expected to start operating in Q1 2024.