R&B Grinding, a Racine-based manufacturer of machined components, has been acquired by Willis & Smith Capital, a Texas private equity firm. The transaction closed on February 1, 2022. Terms were not disclosed.

HOLT acquired Kardie Equipment/TGM Wind Services, the Texas-based distributor of Bronto Skylift products. The acquired company will operate as an independent wholly owned subsidiary of HOLT.

The Syktyvkar Metalworking Plant (PO Syktyvkarsky Metalloobrabatyvayushchy Zavod) was granted land to expand production of tower cranes, including a new testing and storage complex, with an investment of 40 million rubles.

bemt AB signed a multi-year agreement with King Food Sverige to manage all property-related matters for Burger King restaurants in Sweden using the Antiloop system, following a successful test at about 40 restaurants.

Vaderstad is building a new 44,000 square foot multi-use plant in Wahpeton, North Dakota, adjacent to its existing plant and parts warehouse. The facility will include office space, training classrooms, and an exhibition hall.

GPV signed a contract with RITTA to build a new mechanics factory in Bangkok, Thailand. The ground-breaking ceremony is planned for later in February 2022. The new facility will expand mechanics production from 7,100m2 to 12,000m2.

Springer Industrial has been named the main distributor of Gema products in Louisiana, Oklahoma, and Texas.

Hyundai Construction Equipment is investing $170 million over four years to expand its Ulsan, South Korea plant, increasing production capacity by 50% to 15,000 units for excavators and wheel loaders.

Peugeot Frères Industrie entered exclusive negotiations to acquire a majority stake in Holding Tivoly, the majority shareholder of Tivoly S.A., a French market leader in cutting tools. The transaction includes a simplified tender offer for all Tivoly S.A. shares at an estimated price of €41.5 per share.

DiPaolo Machine Tools added Kitamura Machinery's line of machining centers to its milling and automation solutions lineup, representing Kitamura in Eastern Canada.

Sofindev reached an agreement for a partnership and entry into the capital of Delta Engineering Group, with existing management remaining, to support growth in automation of the blow moulding industry.

State enterprise Antonov signed a contract with Swiss company Hermle WWE AG to supply two vertical 5-axis milling and boring machining centers for €2.82 million, to be delivered by end of 2022.

Ingersoll Rand acquired Houdstermaatschappij Jorc B.V., a manufacturer of condensate management products, for an all-cash purchase price of €27 million.

Tees White Gill (TWG) secured a four-year contract to supply 50 TS3 QR thruster models to Thoma-Sea Marine Constructors for two NOAA oceanographic research vessels being built in Texas.

TMC Compressors has been contracted by Brazilian shipowner OceanPact to deliver marine compressed air systems for two anchor handling tug supply vessels working under Petrobras contracts. The deal value was not disclosed.

NI Water awarded contracts worth an estimated £40 million for mechanical installation, repair and maintenance to TES NI Ltd and FIN Maintenance Ltd, with an initial three-year term plus two one-year extensions.

Montabert, a Komatsu-owned hydraulic rock breaker business, has agreed to acquire 100% of Tramac's US and Canadian businesses. The acquisition is expected to close by the end of February 2022.

Norda Stelo announced the acquisition of BEAP, a technology and AI company, to launch the Norda Stelo Solutions Inc. division. The deal includes BEAP's asset data management platform and aims to improve industrial asset management.

Braner/Loopco received an order from Metals USA, a subsidiary of Reliance Steel & Aluminum, for a precision multiblanker system to process stainless, aluminum, and high-strength carbon steel coils.

Lämneå Bruk, a Swedish wire machinery specialist, is adding two new production halls at its Ljusfallshammar site to assemble wire machinery and related equipment, including welding robots.

GMM, controlled by Consilium SGR, signed an agreement to acquire 52% of Bavelloni SpA, creating a group with over EUR 100 million in turnover for stone and glass processing machinery.

The Max Bögl Group acquired BFT Bohr- und Frästechnik GmbH, a company specializing in trenchless pipeline construction, from sole shareholder Uwe Hey. The purchase price was not disclosed.

Bentley Systems completed its acquisition of Power Line Systems, a leader in software for overhead electric power transmission line design, from TA Associates for approximately $700 million in cash.

Drillmec SpA, a subsidiary of MEIL, signed an MoU with the Government of Telangana to establish a global manufacturing hub in Hyderabad for oil-drilling rigs and ancillary equipment, with an investment of over USD 200 million and expected to create 2,500 jobs.

Telstra Purple announced plans to acquire Alliance Automation, an IoT industrial automation solutions provider, and Aqura Technologies, a telecommunications infrastructure company, to bolster its IoT capabilities and industry vertical growth.

Komatsu has agreed to dissolve the joint venture with Changlin and Sumitomo Corporation, making Komatsu (Changzhou) Construction Machinery Co., Ltd. a wholly owned subsidiary. The process will proceed sequentially during fiscal year 2021.

Larsen and Toubro's Heavy Engineering arm has won an order from Technip Energies for a titanium clad oxidation reactor for a purified terephthalic acid plant in India.

Unison Ltd signed an exclusive distributor agreement with Phillips Corporation – Federal Division to supply all-electric CNC tube bending machines for US Federal Government civil, military and aerospace applications.

Neoprec, the new 8,000 sq m machining plant of CMZ in Spain, has started supplying the production line for CMZ's digital-control lathes. The €17 million facility aims to help CMZ double capacity to over 800 lathes per year within five years.

JPW Industries, a manufacturer of metalworking and woodworking equipment, acquired Axiom Tool Group, a designer of CNC machines. Axiom's operations in Westerville, Ohio will remain.

Yanmar Engine Manufacturing India Pvt. Ltd. has commenced production at its new industrial engine plant in Tamil Nadu, India. The plant has an initial capacity of 80,000 units per year, planned to increase to 160,000 units.

Asahi Seiki Kogyo announced it will construct a new assembly plant for large press machines on its main factory premises in Owariasahi, Aichi Prefecture, with an investment of approximately 630 million yen. Completion is scheduled for March 2024, with operations starting within 2024.

TVS Mobility's Polymeric Products division was selected to supply fire-resistant silicone hose sets with Nomex reinforcement for the Singapore Metro project. The initial contract is for drain-hose sets for 186 compartments, with expectations of further orders.

Miller Fabrication Solutions added a fourth manufacturing plant, the 186,000-square-foot Pine Creek facility in Brookville, Pennsylvania, bringing total space to approximately 675,000 square feet. The facility will expand component parts production and serve as an automation hub.

Karmelle, a British machinery and liquid packaging specialist, is expanding its Huddersfield facility by taking on a new 3,200 sq ft unit for fabrication of frames and parts for its filling, capping and labelling machines.

S.E.W. North Filtration is moving into a new factory building with a 600 sqm robot line for automated production of filter components, to compete globally.

Ceat Limited plans to more than double agricultural radial tyre capacity to 105 tonnes per day by mid-2023, and indefinitely postpones phase two of its truck and bus radial expansion. The company is investing Rs 7 billion in phase one of TBR expansion at Halol and Chennai plants.

Chelyabinsk Mechanical Plant (ChMZ), manufacturer of 'Chelyabinets' truck cranes, will commission a new 800 sqm assembly shop in the first three quarters of 2022 and launch a 1600-ton press for bending sheets by summer 2022, to produce new multi-profile booms.

Rotary Power, part of the British Engines Group, invested over £3 million in an automated DMG MORI machining cell installed at its manufacturing facility in South Shields, UK. The cell became fully operational at the end of 2021.

Precision Micro has completed a £5.1 million refurbishment at its Birmingham site following a 2019 fire. The project included a 10% increase in capacity, nine new process machines, and a new Quality Centre of Excellence.

Gustav Wiegard Maschinenfabrik (GW) is investing in a state-of-the-art horizontal CNC boring and milling machine (Fermat WFT 13 CNC) at its plant in Witten, Germany. Commissioning is scheduled for July 2022.

US nonwovens manufacturer Albarrie has ordered a 3-chamber Montex stenter with MonforClean heat recovery and exhaust air purification technologies from Monforts for its production plant in Canada.

KAEFER UK and Ireland has secured a £22 million contract with Babcock to provide surface protection marine coatings for the Royal Navy's Type 31 frigate programme at Rosyth, lasting until 2028.

Oerlikon Neumag has concluded a contract with Chinese group Xinfengming for eight complete staple fiber lines with 320 spinning positions and a total capacity of 1,800 t/d, the largest order in its history.

AES Clean Technology will open a new $14.2 million factory in Manheim, Pennsylvania, for building clean rooms. The facility is expected to create 97 jobs and will be the company's second manufacturing site, supplementing its Atlanta location.

Kolomna Locomotive Works of Transmashholding has put into operation a line of 24 machining centers and CNC machines for manufacturing diesel engine fuel equipment, costing 2 billion rubles (about USD 26.28 million).

Mercer International and Valmet have signed a long-term agreement to accelerate Mercer's global digital transformation program, starting with replacement of DCS at two pulp mills in Canada with Valmet DNA Automation System.

Valmet will supply a board machine rebuild to Stora Enso's Skoghall mill in Sweden to increase production capacity of board machine 8. The two-step project is planned to be completed in the second half of 2023, with an order value typically around EUR 30-40 million.

Voith Group has acquired the remaining 30% stake in ELIN Motoren GmbH, making it the sole owner. ELIN Motoren manufactures electric motors and generators and will continue under its established brand.

Schaeffler Group acquired all shares of Melior Motion GmbH, a German manufacturer of precision gearboxes for industrial robots. The acquisition strengthens Schaeffler's robotics portfolio within its Industrial division.