Valmet will supply a new container board making line (PM 3) to Batı Kipas Kagıt Sanayi İsletmeleri in Söke, Turkey. The order value is typically around EUR 90-110 million, and start-up is scheduled for Q3 2023.
Zoomlion held a groundbreaking ceremony for its Smart Industry City headquarters and three smart manufacturing parks in Changsha, Hunan. The project covers over 10,000 mu with a total investment of about RMB 100 billion.
Machine builder Vintiv is expanding its facility in Beringen, adding 2,500 m² of production space and 750 m² of offices by summer 2022. The expansion will accommodate 20 new employees.
Danfoss Power Solutions announced it is investing more than EUR 100 million in additional capital expenditure to support organic growth, including capacity increases and localization in its Hydrostatics division.
Zoomlion exported the ZCC32000 crawler crane, China's largest tonnage crane, to Turkey on September 16, 2021. The crane will be used in a nuclear power plant project.
Taishan Fortune Precision, a Chinese manufacturer of metal can making machinery, is expanding its facilities in Taishan, Guangdong province.
KDT Machinery announced plans to build an intelligent manufacturing base for CNC machine tools in Shunde, Guangdong Province, China. Construction will begin in Q4 2021 and is expected to be completed in 2023, with an annual capacity of 10,000 CNC machines.
Switzerland-based SID announced a partnership with Changzhou National Hi-Tech District to invest 20 million euros in a machinery production facility in Sino-Swiss (Changzhou) International Industrial Innovation Park, expected to achieve annual sales of 500 million yuan.
Modig Machine Tool's new North America headquarters in Wichita, Kansas, will open at the end of October 2021, featuring a showroom with the company's newest machines.
Modig Machine Tool has started expansion of its headquarters in Kalmar, Sweden, adding 100,000 square feet (9,000 square meters) of production area to meet increasing demand for extrusion machines.
ALLU announced it has acquired a business license to establish its own manufacturing and operating entity in China, headquartered in Kunshan. The facility will support the company's growth in the Chinese market.
Semcorp (Enjie) and Victory Precision signed an agreement to form a joint venture that will acquire 100% of Suzhou Fuqiang Technology and JOT Automation Ltd for a total consideration of CNY 771 million. Semcorp and its subsidiary will hold 10% of the JV, with the rest held by Semcorp's controlling family and Victory Precision.
ZF announced the integration of the MICO brand, acquired via WABCO in 2020, into its Off-Highway Business Unit. The integration is expected to be complete by Q1 2022.
Kelvion Inc. will expand its operations at Forks of the River Valley Industrial Park in Knoxville, Tennessee, with a $3.8 million project expected to create 74 jobs. Production of heat exchangers for refrigeration and data center markets will increase.
KONE Elevator India won an order to supply 53 custom-made elevators for the Commerz III office tower developed by Oberoi Realty in Mumbai. The 50-story building will include KONE Minispace and Monospace elevators with destination control systems.
Alsform Værktøjsfabrik in Augustenborg, Denmark, invested over DKK 10 million to install two high-precision machining centers in new climate-controlled facilities dedicated to producing tools for the fuel cell industry. The facilities were inaugurated in early 2021.
Grupo Nicolás Correa (GNC) won a tender from Navantia to install a Verxa W bridge-type machining center at Navantia's Engine Factory in Cartagena, Spain. The machine will be used for machining engine blocks for the Spanish Navy's new frigate.
Nicolás Correa has won a contract from Navantia to install a large machining center at the Cartagena Engine Factory for machining engine blocks of the F-110 frigate. The contract value was not disclosed.
Liebherr-Werk Ehingen GmbH plans a large-scale expansion of its plant in Ehingen/Berg, Germany, to increase production capacity for mobile and crawler cranes by 2030. The company is in talks with local authorities for a new site in the Ehingen/Berg industrial area.
ARCH Cutting Tools acquired Contour360, a custom carbide tool manufacturer, on September 14, 2021. Terms were not disclosed.
Yongchuang Intelligent signed an agreement with Changxing Economic and Technological Development Zone to invest about 501 million yuan in a new facility producing 40,000 sets of packaging equipment annually.
Hexagon announced the completion of its acquisition of Waygate Technologies, a non-destructive testing leader, from Baker Hughes for an enterprise value of approximately $1.45 billion.
SMM-Tyazheloye Mashinostroyeniye, a crane metal structure manufacturer in Sosnovy Bor, Leningrad Oblast, held a ceremony on September 13, 2021, marking its full production capacity. The company plans to expand capacity to 8,000 tonnes of metal structures annually and increase its workforce to 600 by 2023.
Regal Beloit Corporation and Rexnord Corporation announced the expected closing date for the combination of Regal and Rexnord's Process & Motion Control (PMC) business.
Caterpillar announced the acquisition of Rhode Island-based CarbonPoint Solutions, a developer of carbon capture technology for engines and turbines.
Hyundai Infra Solutions began full operations at its new factory in Daebul Industrial Complex, Yeongam, South Korea. The facility has a 5,000-pyeong site with cranes and equipment, capable of producing 7,000 tons of steel per year.
Alloy Engineering, a fabricator of high-temperature and corrosion-resistant alloys, acquired Thermcraft Inc., a manufacturer of thermal processing equipment.
Atlas Copco Compressors opened a new 200,000-square-foot facility in Rock Hill, South Carolina to begin US assembly of Z range oil-free air compressors and support assembly, distribution and remanufacturing.
Atlas Copco Comptec opened a 63,000-square-foot expansion in Voorheesville, New York to make large integrally geared centrifugal compressors and turboexpanders, bringing the workforce to about 340.
Danfoss Commercial Compressor inaugurated a new 3,000 m² explosive atmosphere laboratory at its Reyrieux plant on September 12, 2021, with a budget of €16 million to test new refrigerants on compressors.
Rostselmash plans to organize production of 5 tractor series and 4 types of road-construction machinery at its new tractor plant. The project involves investments of at least 6 billion rubles and will create up to 1,850 jobs, with annual capacity of up to 5,000 units of self-propelled machinery.
Zhejiang Rifa Precision Machinery and Jianlong Harbin Bearing Group signed a strategic cooperation agreement and an equipment procurement contract for 9 production lines, with a total contract value of 31.648 million yuan.
Desktop Metal announced the acquisition of Aidro, an Italian hydraulic and fluid power component developer that uses additive manufacturing for oil, gas, energy and aerospace parts.
Rollon, part of Timken, has acquired Intelligent Machine Solutions (iMS) to expand its linear actuator modules and robotic transfer units.
Gillespie & Powers Inc. completed the acquisition of Thorpe Holding Company, including Thorpe Technologies Inc. and JT Thorpe Inc., both located in San Dimas, California. The companies will continue to operate independently.
Milwaukee Tool will lease 357,000 square feet of a former Delphi building in Clinton, Mississippi, as an expansion of its Jackson operations. The company will invest over $7 million and create 1,200 jobs in the region.
FT Gearing acquired and is installing a new Mazak Integrex i-100s multi-tasking machine tool to produce parts to tight tolerances in one-hit.
M.H. Eby, Inc. announced a second manufacturing facility in Story City Business Park, Iowa, a 40,000 square foot plant to produce aluminum equipment trailers and truck bodies. Production is expected to begin in Q1 2022.
MAN Energy Solutions subsidiary DWE won an order from Wanhua Chemical to deliver three salt-operated reactor systems for a new maleic anhydride plant in China, with an overall capacity of 200,000 tons per year. The plant produces PBAT for biodegradable plastics.
Burckhardt Compression was selected to supply three process gas compressor systems for a hydrogen liquefaction plant in South Korea, the largest of its kind worldwide, able to produce up to 90 tons of liquefied hydrogen per day. Production is planned to start in 2023.
ABB has been contracted by machine supplier Voith to deliver drives and electrification for SCA's new kraftliner machine PM2 at its Obbola mill in Sweden, which will increase annual production from 450,000 to 725,000 tonnes.
SMS group received an order from Hirschvogel Automotive Components (Pinghu) Co., Ltd. to supply a fully automated MP 3150 closed-die forging press for its Pinghu facility near Shanghai, China, to forge aluminium chassis components for electric vehicles.
Arginta Engineering, a Lithuanian engineering and metalworking company, announced the acquisition of a nearly 20,000 sqm plant in Outokumpu, Finland, previously owned by Metso Outotec Group. The deal is expected to be finalized on October 1, 2021.
Cavagna Group, with partner Nirmal Industrial Controls, acquired REPCo Srl, a Milan-based process design house that engineers and supplies process plants and equipment for power, gas, oil and petrochemical fields. The deal was announced on 7 September 2021.
Grandweld Shipyards has been awarded a contract by Specialities Construction (SCC) to build four 27.5m 50 tonne bollard pull tractor tugs for operation in Shuwaikh Port, Kuwait.
Roscomac ordered a second automated Brother Speedio/Feedio production cell from Whitehouse Machine Tools, delivered in April 2021, as part of a £4 million investment in 5-axis machining.
Sanlian Transmission Machinery Co., Ltd. broke ground on a CNY590 million plant in Pingyang County, Zhejiang, to produce 130,000 industrial robot reducers and RV reducers annually, with expected annual output value of CNY815 million.
OTTO FUCHS KG has ordered a fifth Schuler PK 3150 crank forging press with ServoDirect technology for its Shenyang factory in China to meet demand for aluminum chassis components.
Viridi Parente is expanding its facility in Buffalo, New York, to manufacture Green Machines, battery-powered construction equipment. The expansion involves renovating 70,000 square feet of the plant, with a target of 1,000 machines in the field by end of 2022.
Oukei Co., Ltd. reported that its fundraising project 'Annual output of 40 million high-end CNC blade intelligent manufacturing base construction project' is progressing smoothly and is expected to complete the initial construction by the end of 2021. The company also plans to invest no less than 500 million yuan to build a CNC tool industrial park in Zhuzhou High-tech Zone.