Jiuquan Iron & Steel Group's Western Heavy Industry subsidiary started operations at a 3D printing smart casting facility in Jiayuguan, Gansu, China. The first phase cost CNY 20.5 million and has an annual capacity of 1,000 tons of 3D-printed sand molds and 300 tons of high-end castings.
The Northamptonshire Police, Fire and Crime Commissioner approved a contract for seven compressors for the county fire service, awarded to Bauer after a request for quotation. The contract is worth £133,525.23 and was decided on 14 October 2021.
Hyundai Rotem awarded Škoda Transportation a Kc580m contract to supply electrical equipment for 17 passenger locomotives ordered by Tanzania Railways Corp. The locomotives will be used on the electrified standard gauge line between Dar es Salaam, Morogoro and Makutopora.
SEW-EURODRIVE South Africa invested R200 million in a new 25,000 sqm headquarters in Aeroton, Johannesburg. The high-tech facility includes a larger warehousing facility and was discussed with the South African Department of Trade and Industry.
Biesse Group signed a contract to acquire 100% of Forvet Costruzione Macchine Speciali, a manufacturer of special automated machines for glass machining, for around €41 million.
Harmonic Drive Systems will invest about JPY6.5bn (USD70 million) at its Ariake plant in Nagano Prefecture to raise strain wave gear output from 150,000 to 220,000 units per month by August 2022.
Cervus Equipment Corporation shareholders approved the plan of arrangement for Brandt Tractor Ltd. to acquire all outstanding Cervus shares for $19.50 per share in cash. The transaction is expected to close in mid-to-late October 2021.
X-MAT, the Advanced Materials Division of Semplastics, was awarded a $1.2 million contract from the U.S. Department of Energy to research and test coal-enhanced filaments and resins for 3D printing.
thyssenkrupp rothe erde held a groundbreaking ceremony for a fourth production line at its ring mill in Xuzhou, China. The expansion will add 150,000 tons of annual ring production capacity, with production scheduled to start in one year.
EnPro Industries, through subsidiaries including Compressor Products Holdings Limited and Garlock GmbH, entered an agreement to sell Compressor Products International to Howden. The filing reports the agreement dated October 12, 2021.
EIS Legacy, LLC, a portfolio company of Audax Private Equity, acquired Midpoint Bearing, broadening EIS's product offering in the apparatus repair industry and increasing presence in alternative energy and wind.
The merger of Regal and the Rexnord Process & Motion Control (PMC) business has been completed, creating Regal Rexnord Corporation, a manufacturer of electric motors, motion controls, and power transmission products.
Weber Machinebouw has acquired the remaining 49% of shares in Wente/Thiedig GmbH, making it a wholly owned subsidiary. Wente/Thiedig specializes in optical measurement technology and industrial image processing for the food sector.
Emerson Electric Co. will combine its software units with AspenTech in an $11 billion deal. The transaction creates a new industrial software company.
WestStar subsidiary Alltype Engineering has won a $25 million contract from APA Group to deliver a new gas compressor station on the Goldfields Gas Pipeline in the Pilbara, Western Australia.
Chuang Century (300083.SZ) announced plans to raise up to 1.3 billion yuan to build a high-end CNC machine tool manufacturing base and R&D project in Changxing County, Huzhou, Zhejiang. The company also signed a strategic cooperation agreement with the National Manufacturing Fund.
U-Ming, Shanghai Waigaoqiao Shipyard (SWS) and Jotun signed a commercial agreement for Jotun's Hull Skating Solutions (HSS) to be fitted on one of U-Ming's 190,000 dwt dual-fuel bulk carriers being built at SWS in Shanghai, China.
Danfoss is expanding its operations in Tallahassee with a new 167,000 square foot manufacturing facility, expected to be completed in early 2023. The expansion will triple manufacturing capacity and create about 200 new jobs.
Viking-Cives, a snow and ice control equipment manufacturer, plans to invest $25 million to construct a new manufacturing facility in Battle Creek, Michigan, creating 91 jobs. The facility will be located at 1405 Shiga Drive in the Fort Custer Industrial Park.
The European Commission approved the acquisition of German railway systems and components supplier Schaltbau by Voltage BidCo, a subsidiary of US investment firm Carlyle. Carlyle offered €53.50 per share, a 32% premium. The acquisition was announced on August 7, 2021.
Austal USA opened a new ship repair facility in Mobile, Alabama, on 15 acres with 3,000 ft of waterfront, a Panamax-class floating dry dock, and fabrication space. The facility is already attracting commercial business.
China's State Administration for Market Regulation granted unconditional approval for the merger of Konecranes Plc and Cargotec Corporation. The merger, announced in October 2020, is expected to close in the first half of 2022.
Endress+Hauser dedicated its expanded Maulburg, Germany site, a roughly 46 million euro project adding a production and office building and parking garage, used for level and pressure measurement technology.
Kawasaki Motors Manufacturing Corp., U.S.A. announced a new production facility in Boonville, Missouri, to increase engine production for lawn, garden and industrial applications, slated to begin production in summer 2022 with about 250 employees.
Owens Corning commissioned Voith to supply production machinery and Papermaking 4.0 solutions for a new 50,000-square-meter glass mat manufacturing facility in Fort Smith, Arkansas. The plant will produce mat for roofing shingles and nonwoven products.
Private equity firm Ara Partners acquired Fluitron Inc., a maker of industrial gas compression and dispensing equipment based in Ivyland, Pennsylvania, with terms undisclosed.
Leitner-Poma of America plans to develop a campus in Utah to house several of its brands, bringing up to 118 high-paying jobs over 10 years.
Superior Machine Inc. finalized the purchase of a property in Ottumwa, Iowa, on September 28, 2021, for approximately $4 million. The expansion adds a new location for the Albia-based machining and fabricating company.
Christeyns and Veride formed a joint venture to develop and launch HydRO, a water-recycling technology for commercial laundries that reduces fresh water consumption by 80%.
VME, a Tyler, Texas fabrication and engineering firm, acquired Cortex Process Equipment to add field service and aftermarket support for well-site equipment.
Nidec Machine Tool Corporation launched the MVR-Cx series of double-column machining centers, its first new product since becoming a Nidec subsidiary. The machine was previewed at a new showroom in Ritto City, Japan, starting October 12, 2021.
Takeuchi Manufacturing will build a new plant in Aoki Village, Nagano Prefecture, to produce medium-to-large hydraulic excavators. The plant is expected to start operations in fiscal year 2023, with an investment of about 800 million yen.
JPW Industries, a designer and distributor of metalworking and woodworking equipment, has acquired Axiom Tool Group, a marketer of CNC machines and accessories. Terms were not disclosed. Axiom's operations in Westerville, Ohio, will remain.
BoMill AB signed an agreement with Russian grain processor JSC Metelitca to install its IQ grain sorting equipment in a new pre-cleaning plant in the Novosibirsk region. The order value is approximately EUR 45,000.
Ceratizit Bulgaria will invest €20 million over five years to expand its tool manufacturing plant in Gabrovo, Bulgaria, including new equipment, a logistics center, and a new production building with solar panels.
Hexagon Purus ASA entered an agreement to acquire 100% of Wystrach GmbH, a European provider of high-pressure gas storage systems, for up to EUR 43.3 million (enterprise value EUR 50 million).
Prinoth, part of the HTI Group, announced an agreement to purchase 100% of the capital stock of Jarraff Industries Inc., a US manufacturer of right-of-way maintenance and tree care equipment based in St. Peter, Minnesota.
Trelleborg Sealing Solutions will start producing high-performance seals at Yesipovo outside Moscow in Q3 2022. Part of a group investment of just under SEK 300 million across Russia, Vietnam, Japan and Morocco over five years.
ENTEK Manufacturing announced the opening of a new 98,000 square foot manufacturing and engineering facility in Henderson, Nevada. The company is investing over $10 million in new equipment and expects to hire 50 or more employees by late 2022. The facility will produce wear parts, fabrication, and assembly.
Kverneland Group acquired an 80% share in ROC Company, a Northern Italian manufacturer of forage mergers, announced in October 2021.
Wärtsilä will supply seven thrusters for a new Wind Turbine Installation Vessel being built at Daewoo Shipbuilding & Marine in South Korea for Eneti Inc. The order was placed in October 2021.
Kawasaki Heavy Industries and Hitachi Zosen established a joint venture, Chichu Kukan Kaihatsu, on October 1, 2021, integrating their shield tunneling machine businesses to compete in the shrinking domestic market and expand overseas.
The Department of Management Services of the State of Florida awarded Noble a contract for statewide purchasing of facilities maintenance, repair, and operations (MRO) and industrial supplies through the NASPO ValuePoint program.
The Manitowoc Company completed its purchase of H&E Equipment Services Inc.'s crane business for about $130 million. The acquired business will operate under the new subsidiary MGX Equipment Services, LLC.
AEI Technologies, a manufacturer of greenhouse and cultivation equipment, plans to invest between €8 million and €10 million in a new plant of at least 5,000 m² in Landivisiau, France. The move is expected by the end of 2022 and will increase employment from 18 to 40 initially.
The merger of Baker Hughes' Subsea Drilling Systems business and Akastor's wholly-owned subsidiary MHWirth has been completed to form HMH, a global offshore drilling equipment company. Baker Hughes and Akastor own equal equity in the new company, effective October 1, 2021.
Sew-Eurodrive, a producer of automation equipment, inaugurated an expansion of its facilities in Mealhada, Portugal, with a total investment of €7 million. The expansion includes extended installations, new layouts, and production equipment, increasing productivity by over 40%.
Leoni AG will reach a binding agreement to sell its Business Group Leoni Industrial Solutions to BizLink Holding Inc. The activities generated sales of about EUR 430 million in FY2020 and are valued at an enterprise value of around EUR 450 million. Closing is expected in early 2022.
YM Group began printing the Daily Mail's You and Weekend magazines on September 30, 2021, a week earlier than planned. The contract involves producing approximately 2.5 million magazines per week, primarily at YM Chantry with support from other YM sites.
Metso Outotec signed a contract exceeding EUR 100 million to deliver key technology for a new nickel-copper concentrator plant in Norilsk, Russia, operated by Chernogorskaya mining company (Russian Platinum group). The plant is expected to start production in 2023 with an annual capacity of 7 million tons.