Westrock Coffee will launch new operations in Malaysia to serve the Asia-Pacific and MENA regions.
Westrock Coffee announced the purchase of a 524,000 square-foot facility in Conway, Arkansas, to be the largest roasting-to-ready-to-drink packaging facility in the US, along with expansions in Concord, North Carolina, and new operations in Malaysia.
FOSELEV AGINTIS was awarded a €2,321,346 contract by the French Ministry of Armed Forces for the design, delivery, integration, and commissioning of a sterile paste product packaging line for the Central Pharmacy of the Armies in Orléans. The contract was notified on December 16, 2021, for a duration of 2.5 years.
Baker Hughes won a contract from Santos to supply gas turbine, compressor and heat recovery steam generator technology for the Moomba carbon capture and storage project in South Australia, which will store 1.7 million tonnes of CO2 annually.
Palfinger and SANY Heavy Industries signed an agreement to reverse their cross-shareholding, reducing complexity while continuing operational cooperation in joint ventures in China and CIS states.
Valmet will supply an OCC line, stock preparation lines, and an OptiConcept M container board making line to Kıvanç Tekstil's mill in Adana, Turkey. The order is valued at around €60-70 million, and start-up is scheduled for Q4 2023.
BID Group will invest over $1.5 million to add 5,000 ft² to its existing facility in Mirabel, Quebec, increasing production capacity by over 50%. Construction will be complete in summer 2022.
German investment holding Armira has acquired a majority stake in Movex spa, a European leader in the production of chains and modular elements for conveyor belt systems. This is Armira's first investment in Italy.
Hiab, part of Cargotec Corporation, has acquired the loader crane business of Argos Guindastes Indústria e Comércio Ltda., a Brazilian loader crane manufacturer. The acquisition gives Hiab a strong entrance to the Brazilian market.
ANDRITZ received an order from Fouani, Nigeria, to supply two baby diaper lines for its facilities in Lagos. Start-up is scheduled for 2022.
Valmet will supply an OCC line, three stock preparation lines, and an OptiConcept M container board making line to Kıvanç Tekstil's mill in Adana, Turkey. The order is valued at around EUR 60-70 million, and start-up is scheduled for Q4 2023.
Bosch Rexroth will invest $12.8 million to expand its hydraulics manufacturing campus in Fountain Inn, Greenville County, South Carolina, adding a testing facility and 60 jobs over five years, with completion expected by 2025.
Valmet will supply an OCC line, three stock preparation lines and an OptiConcept M container board making line to Kıvanç Tekstil's mill in Adana, Turkey. Start-up of the new PM 1 is scheduled for Q4 2023; the order value was not disclosed.
Citizen Machinery announced it will build a new precision machining factory on its headquarters premises in Japan, investing about 4.5 billion yen to increase spindle production capacity by 60%. Construction starts April 2022, completion March 2023.
Concentric, an OnPoint Group Company, has acquired Virginia-based battery provider Weldex Sales, strengthening its footprint in Virginia.
Zeller+Gmelin North America purchased 4 Visconomic ink mills and 1 high-speed mixer from Bühler Group to increase flexographic ink production at its Richmond, Virginia facility. The investment addresses increased demand and industry ink shortages.
DMG MORI held a ground breaking ceremony for a new highly automated and digitalized production plant in Pinghu, China. The 35,000 m² plant is scheduled to open in spring 2023 and will create 300 jobs.
KLUBB opened a new 13,000 m2 facility in Croissy-Beaubourg, France, dedicated to manufacturing truck-mounted aerial work platforms, with a goal to increase total production to 1,700 platforms per year.
Hyundai Construction Equipment is investing 194.1 billion won ($163 million) over four years to expand production capacity and streamline manufacturing at its Ulsan plant. The investment will add capacity for 4,800 additional units, raising annual output to 15,000 units.
Alstom is investing €10.5 million to build a second production line at its Fez facility to manufacture on-board transformers. The line will have capacity of up to 200 transformers per year and is expected to be operational in 2023.
PALFINGER AG and SANY HEAVY INDUSTRIES signed an agreement to reverse their cross-shareholding. PALFINGER ASIA PACIFIC will transfer its 7.5% stake in Sany Automobile Hoisting Machinery to SANY EUROPE in exchange for 2,826,516 PALFINGER shares and approximately EUR 15 million cash. Additionally, the operational joint venture Palfinger Sany Mobile Cranes Sales GmbH will be taken over by the SANY Group.
HBC steel guaranteed machining s.r.o. awarded a contract for the supply of a 5-axis CNC horizontal machining center including MES system and accessories, valued at CZK 70,460,000 (approx. EUR 2.8 million). The contract was awarded as part of the project 'Introduction of Industry 4.0'.
Juber S.A. inaugurated a new 625 m² logistics hall at its industrial plant in Darregueira, Buenos Aires, freeing up 1,375 m² for machine assembly processes. The expansion supports production of its new Air Drill seeder.
Citizen Machinery will invest approximately 4.5 billion yen to build a new building at its headquarters factory in Miyota, Nagano, Japan. The expansion will increase production capacity for key components of NC automatic lathes by 1.6 times.
Nuclear Restoration Services Limited awarded Konecranes Demag UK Ltd a £400,000 contract for software and hardware modifications to an existing package crane at Hinkley Point A to handle 3m³ boxes.
LJUNGSTRÖM announced the first shipment of iLampSecure Sentinel Poles to Florida, marking a milestone in its Advanced Manufacturing expansion. The company plans to produce up to one million poles annually.
Trystar announced the acquisition of Total Plant Management Group (TPMG), a Houston-based manufacturer of prefabricated buildings, control panels, metering skids, and modular electrical substations. The deal adds automation and control system integration capabilities to Trystar's portfolio.
Mammoet has ordered eight new Tadano cranes, including two 650-tonne CC 38.650-1 crawler cranes, a 45-tonne AC 3.045-1 City crane, and five GR Rough Terrain cranes, plus a Boom Booster kit. The order was placed during a visit to Tadano's plant in Zweibrücken.
Piovan S.p.A. completed its acquisition of IPEG, Inc. through a merger of Sewickley Capital, the owner of IPEG, into a Delaware subsidiary of Piovan. The deal was executed on the terms first announced on December 13, 2021.
Lone Star Funds agreed to buy industrial pump and valve maker SPX Flow Inc. for $3.8 billion including assumed debt, at $86.50 per share in cash. The deal was announced on December 13, 2021.
Sullair has acquired its long-time Salt Lake City distributor Compressor-Pump & Service, which sells and services compressors, blowers and pumps across a 83-county territory in Utah, Nevada, Oregon, Idaho and Wyoming. All 33 employees remain.
Hermit Aerospace, a subsidiary of German industrial company Hermith GmbH, will build a new production facility for additive wire in the priority development area (TOSER) of Glazov, Udmurtia, Russia. The investor will invest about 1.2 billion rubles and create 68 jobs.
Star Micronics announced it will build a new plant at its Star Micronics Manufacturing Dalian facility in China, with an investment of about 650 million yen. The new plant will be used for machine tool assembly and will increase production capacity to 300 units per month, a 25% increase. Operations are expected to start in February 2022.
Metsä Board has contracted Valmet to rebuild the BM 1 board machine at its Husum mill in Sweden, increasing folding boxboard capacity from 400,000t to 600,000t per year. The rebuilt machine is scheduled to begin operations by late 2023.
Valmet will supply a long-term Performance Agreement and a board machine rebuild to Metsä Board's Husum mill in Sweden, increasing annual folding boxboard capacity by 200,000 tonnes to 600,000 tonnes. The start-up is scheduled for fall 2023.
Motorline is increasing its production and assembly area by 4,500 square meters, from 14,000 to 18,500 square meters, to meet growing demand.
Private company Vitebskie Podemniki plans to commission an innovative production facility for cargo cranes in 2022, with an investment of over $4.5 million. The new plant will produce cranes with lifting capacity from 16 to 100 tons and create 60-100 jobs.
Plug Power acquired Joule Processing LLC, an engineered cryogenic process equipment provider, for a total consideration of up to $160 million, including $30 million upfront. The technology is to be used in hydrogen liquefaction plants.
Burckhardt Compression signed a contract to equip three EVA and LDPE production lines at Jiangsu Hongjing New Material's petrochemical mega-plant in Lianyungang, China, with Booster-Primary and Hyper Compressors. The plant will have an output of 600 kilotons per year of EVA/LDPE. The contract value was not disclosed.
Aker Solutions will carry out engineering, procurement and construction for a fifth subsea compression module for Equinor's Åsgard gas field offshore Norway. The module is a copy of the fourth and is due for delivery in August 2024. The contract value was not disclosed, though reported as NOK 200-700 million.
Valmet will supply a long-term Performance Agreement and a rebuild of board machine BM 1 at Metsä Board's Husum mill in Sweden. The work aims to raise annual folding boxboard capacity by 200,000 tonnes to 600,000 tonnes, with start-up planned for fall 2023. The order value was not disclosed.
KAEFER SE & Co. KG entered into a partnership with SMS group and Altor Fund V, who together will acquire a 50% stake in KAEFER, with the existing family retaining the other 50%. The investment agreement was signed on 8 December 2021.
Port Washington-based Molded Dimensions acquired Marshfield-based PCO Urethane, a manufacturer of polyurethane parts for agriculture, mining and manufacturing. Terms were not disclosed.
Baker Hughes was awarded a contract by Bechtel to supply six LM6000PF+ gas turbines, 14 centrifugal compressors and a gas turbine generator for Pluto LNG Train 2 in Western Australia, operated by Woodside. The train is expected to have about 5 million tpy capacity. The announcement is dated December 8, 2021.
TMC Compressors has been selected to supply a large marine compressed air system for the Mero-3 FPSO, destined for the Libra block offshore Brazil. The system will be manufactured in Europe. The contract value was not disclosed.
Wheels India Ltd announced the merger of Sundaram Hydraulics Ltd, a hydraulic cylinder manufacturer, into itself, effective October 1, 2021, subject to approvals. The board approved the scheme on December 7, 2021.
China Glass's subsidiary Suqian Zhongbo awarded a 300 million yuan contract to CNBM Bengbu Design Institute for the supply and installation of machinery for a photovoltaic ultra-white rolled glass production line.
Bizerba USA announced the spring opening of a new plant in Avondale, AZ, that will manufacture labels and produce key equipment for weighing and labeling solutions. The facility will create 40-50 new light industrial jobs when it opens in April 2022.
Hanwha Cimarron broke ground on a $130 million manufacturing plant in Opelika, Alabama, to produce carbon fiber-wrapped high-pressure storage tanks. The plant will employ 261 people.
SMW Autoblok Group, a workholding solutions leader, acquired Tecnomagnete, a manufacturer of permanent electromagnetic clamping and lifting systems. The acquisition was announced on December 6, 2021.