Halder GmbH acquired Newemag AG and will combine it with Suvema AG (acquired in 2019) to form a leading CNC technology group for customized machine tools in Switzerland.
Lake Shore Systems Inc. integrated into Trident Maritime Systems as of January 1, 2022, rebranding as Trident Maritime Systems - Heavy Equipment Group. All facilities remain open and employees retained.
Italian pump and vacuum equipment maker Azmec acquired ownership of RIVA TECNOIMPIANTI SRL, which produces light and heavy carpentry components and hydraulic power units. The article dates the deal to 2022.
ILSUNG HISCO signed a contract with Honeywell UOP to supply columns and pressure vessels for the VG-PLNG project in the USA, in January 2022.
S.F.E. Group announced the acquisition of Axxair Group, a privately held maker of orbital tube and pipe cutting and welding equipment based near Valence, France. Axxair has subsidiaries in Germany, the USA, South Korea and China and about 65 employees.
Sangsangin Industry signed a 25 billion KRW contract with HJ Shipbuilding & Construction to supply ultra-large pre-erection blocks.
Sunlight Group Energy Storage Systems acquired 70% of Technoform, a Kilkis-based mold and component manufacturer. The agreement was signed on December 30, 2021, and announced on January 5, 2022.
CNH Industrial completed its purchase of 90% of the capital stock of Sampierana S.p.A., an Italian manufacturer of earthmoving machines and undercarriages. The remaining 10% will be acquired over four years.
Jiuli Special Materials (久立特材) announced that its two fundraising projects, 'Industrial Automation and Intelligent Manufacturing Project' and 'Annual 1,000-ton Aerospace Materials and Products Project', have reached usable status and will begin trial production. The announcement was made on December 30, 2021.
Cramo, a Finnish equipment rental company, acquired BAS Maskinutleie, a Norwegian machinery rental firm with about 95 employees. The acquisition was announced on April 26, 2023, pending regulatory approval.
Valmet received an order from Lamipak (Kunshan) Co. Ltd for a Valmet IQ quality control system for a flexographic printing machine. The system will be installed in the first quarter of 2022.
Starlinger Recycling Technology will deliver a bottle-to-bottle recycling system, including a recoSTAR PET 215 iV+ extruder, to Turkish firm Başatlı Boru Profil San.Tic.A.Ş. The system will produce up to 5,291 pounds of food-safe rPET per hour.
BG Automation held a groundbreaking ceremony for an expansion of its Derby campus, adding 51,000 square feet to bring the facility to 87,000 square feet. The expansion is expected to be completed by the end of 2022.
Starlinger will supply its recoSTAR PET 215 iV+ food-grade PET recycling system to Başatlı Boru Profil in Kocaeli Province, Turkey, with operation planned from April 2022. The system produces up to 2,400 kg of food-safe rPET per hour.
John Deere will acquire three Deere-Hitachi joint venture plants in the US, Brazil, and Canada, and enter new licensing and supply agreements with Hitachi to produce and sell excavators under the John Deere brand in the Americas. The changes take effect February 28, 2022.
Interstate expanded its manufacturing plant in Nampa, Idaho, to increase cargo trailer production by 40-50% and dump trailer production by 100%+, with new buildings for the Skin Department and dedicated dump trailer space.
VBG Group, through its subsidiary Ringfeder Power Transmission US, acquired all shares in The Carlyle Johnson Machine Co., LLC for USD 16.5 million on a cash and debt free basis. Carlyle Johnson designs and manufactures motion control components for industrial applications.
PRV Engineering, a subcontractor in Pontypool, invested in a Spinner U5-630 5-axis machining centre, delivered in mid-2021 by Whitehouse Machine Tools. The machine is dedicated to producing steel hatches for armoured tanks, nearly halving cycle time from 10 hours to 5.5 hours.
EXCO Technologies Limited has acquired HALEX Extrusion Dies, a portfolio company of Bencis Capital Partners, with two German and three Italian sites. HALEX Extrusion Dies is Europe's second largest manufacturer of extrusion dies for the aluminium processing industry with a turnover of approximately EUR 40 million and over 200 employees.
Italian company C.M.S. Costruzioni Macchine Speciali won a tender to supply a 5-axis portal machining center to Antonov for €2.1 million, with delivery by end of April 2023.
Weiler Werkzeugmaschine GmbH was awarded a EUR 411,116 contract by Industrie und Handelskammer Südlicher Oberrhein for nine lathes (Drehmaschinen). The award was granted on 9 February 2022 and published on 24 December 2021.
HGR Industrial Surplus acquired Tramar Industries, a CNC machinery marketplace. The acquisition will merge their marketplaces and expand offerings for buying and selling industrial equipment across North America.
The NSW Government awarded a $1.3 billion contract to a joint venture of CPB Contractors and Ghella for the Sydney Metro – Western Sydney Airport Station Boxes and Tunnelling Works, including 9.8 km of twin tunnels.
Volvo Construction Equipment announced a $30 million expansion of its manufacturing and assembly plant in Asheville, North Carolina, adding 264 jobs and new production lines for tracked excavators and cabs.
HEDELIUS Maschinenfabrik received an order to supply two automated 5-axis ACURA 85 EL machining centres with an EROWA ERD 250 linear robot, including 73 pallet stations and 520 tool stations.
Industrial distributor Rubix, a portfolio company of Advent International, acquired SEALL s.r.o., a Chomutov-based hydraulics and pneumatics distributor with five Czech locations and 65 employees.
Valmet will supply a grade conversion rebuild to VPK's Alizay mill in France, converting a fine paper machine to produce recycled lightweight containerboard, with start-up scheduled for the end of 2022.
SFS Group announced an agreement to acquire 100% of Hoffmann SE, a Munich-based tools distributor with ~3,000 employees and ~EUR 1.0 billion in 2021 sales. A portion of the purchase price will be paid in new SFS shares, subject to shareholder approval on January 31, 2022.
Dalian Fukutomo Precision Machine Co., Ltd. held a completion ceremony for its new plant on December 22, 2021. Construction of Phases I and II took 16 months.
Symphony Industrial AI announced the acquisition of Proceedix, a developer of connected frontline worker platform. The deal extends Symphony's industrial software solutions into plant and factory processes.
Metso Outotec and Arabian Truck & Construction Equipment Company (ATEC) signed a distribution contract covering Metso Outotec's equipment, parts and services for the aggregates industry in Saudi Arabia.
Following a long-term sales collaboration agreement signed in early December 2021, contract packer Truvant will install a Syntegon TPU paper forming, filling and sealing machine at its contract packaging facility in Poland.
Howden has completed its acquisition of Compressor Products International (CPI), a Houston-based maker of aftermarket components and services for reciprocating compressors. The deal adds to Howden's aftermarket presence in North America and Europe.
Paragon Partners acquired a 55% stake in KME SPECIAL, a global leader in casting moulds and technologies for the steel industry, from KME SE. KME SE retains a 45% stake in the newly formed joint venture.
Tooltec, an advanced component manufacturer, has started a collaboration with Saab Dynamics, with the first delivery leaving its Trollhättan facility. The partnership follows a year of development and marks Tooltec's expansion into the defense sector.
Valmet will supply a paper machine grade conversion rebuild and automation package to Model Paper Eilenburg in Germany, converting a newsprint machine to produce lightweight recycled containerboard. The order value is typically around EUR 90-100 million, with start-up scheduled for early 2024.
GE Appliances is investing more than $118 million to expand capacity and develop new cooking products at its Roper Corporation plant in LaFayette, Georgia, adding over 600 new jobs by the end of 2024.
Omni-Lite Industries Canada has acquired Designed Precision Castings, a manufacturer of investment castings for aerospace, defense, industrial and energy applications, in a stock and cash transaction valued at US$5.7 million.
Hyundai Construction Equipment is investing €150 million to expand its Ulsan production plant in South Korea, increasing capacity by 50% to over 15,000 machines per year.
Terex Utilities began expansion of its Huron, South Dakota facility, adding 11,400 sq-ft, new machining and welding equipment, and a third shift to increase capacity for fabrication of core components for aerial devices and digger derricks. The project is expected to be completed by the end of 2022.
Invertek Drives announced a £10 million investment to expand its global variable frequency drive manufacturing and distribution centre in Welshpool, Powys, UK, adding three new production lines to increase capacity from 350,000 to 600,000 drives per year and creating 85 new jobs.
XCMG delivered 102 units of GR1803BR graders to the State of Alagoas, Brazil, for use in road construction and urban renovation projects.
Feutron Klimasimulation GmbH is nearing completion of a multi-million euro expansion in Langenwetzendorf, including a new hall and new technology for climate simulation.
Comer Industries S.p.A. acquired German-based Walterscheid Powertrain Group. The merger is expected to create one of the world's largest suppliers of drive solutions for the agricultural sector, with a combined turnover of EUR 1 billion in 2021.
Kruger Products announced it will double the size and production of its future LDC tissue machine in Sherbrooke, Quebec, increasing total investment to $351.5 million. The machine will produce at least 60,000 metric tonnes of premium tissue annually and is slated to be commissioned in 2024, creating 141 new jobs.
Italian company C.M.S. Costruzioni Macchine Speciali won a tender to supply Antonov with a portal 5-axis machining center for €2.1 million, to be delivered by end of April 2023.
Komatsu Mining opened its new South Harbor Campus in Milwaukee, Wisconsin, including a 176,000-square-foot office building and a 430,000-square-foot factory for mining shovels. The factory is planned for early 2022 completion.
Tech Castings LLC will invest $4.5 million to expand its facility in Shirley, Indiana, adding 12,000 square feet and up to 20 jobs. The expansion will more than double output of superalloy investment castings for aerospace, manufacturing, and medical industries.
Kobe Steel and Miura announced that their capital and business alliance, under which Miura acquires shares of Kobelco Compressors to form a joint venture, will take effect on January 5, 2022, under a signed MOU.
Olivotto, a wholly-owned subsidiary of China Glass, signed a contract worth 1.29 million euros to supply machinery and technical services to Kaisheng Junheng for installation on its Danner tube production lines.