Alta Equipment Group Inc. entered into a definitive agreement to acquire Gibson Machinery, a privately held premium equipment distributor based in Oakwood Village, Ohio. The acquisition expands Alta's construction equipment footprint to 32 locations in eight states.
Ingersoll Rand said on September 2, 2021 it will not take part in SPX Flow's exploration of strategic alternatives, including a sale or merger. SPX Flow earlier rejected Ingersoll's $3.59 billion buyout bid in July.
V-NASS a.s. in Ostrava, Czech Republic, installed a 60-metric ton WFL M150 Millturn machine last fall (2021) to focus on complex production processes for oil-and-gas, nuclear power, and metallurgical manufacturing. The machine was delivered from stock and fully retrofitted by WFL Millturn Technologies.
Hiab is immediately recruiting 100 additional roles at its existing Dundalk facility, adding to the current 300 workforce.
Hardinge Inc. has acquired Ohio Tool Works, a manufacturer of high precision honing machines, tooling and abrasives, from Artemis Capital Partners. The acquisition enhances Hardinge's machine tool and workholding portfolio.
Everything Attachments, a manufacturer of farm implements and tractor attachments, will invest $20 million to construct a new 105,000-square-foot facility in Catawba County, North Carolina, creating 147 jobs.
Decom srl, a manufacturer of gas turbine and compressor baseplates, started transferring to a new plant in Salerno in 2021, with a production area more than tripled compared to its historic site.
Cargotec subsidiary Hiab plans to invest over €50 million in a new factory in Dundalk, Ireland, to manufacture Moffett truck-mounted forklifts, creating 100 manufacturing jobs. Production is expected to begin in 2023.
Hainbuch has acquired Vischer & Bolli Automation. The announcement was made in September 2021.
Rockwell Automation acquired Plex Systems, a provider of cloud-based SaaS manufacturing solutions, for $2.22 billion. The acquisition enables Rockwell to offer comprehensive digitalization for manufacturers of all sizes.
Butech Bliss acquired LM Equipment & Design and Lehmann Mills, both located in Salem, Ohio. The acquisition expands Butech Bliss's capabilities in coil processing and rolling mill equipment for the metals industry.
A.L.M.T. Corp., a Sumitomo Electric group company, was awarded a 3.5-billion-yen contract by the National Institutes for Quantum and Radiological Science and Technology (QST) to supply tungsten monoblocks for the ITER fusion reactor in France. A.L.M.T. will set up a new mass production line at Sakata Works starting September 2021.
Precinmac, a diversified manufacturer of high-precision machined components, has acquired Major Tool & Machine, an Indianapolis-based company specializing in large-format machining for aerospace, defense, and other markets.
MAN Energy Solutions won a contract from Aker Solutions to supply five subsea HOFIM compressor units for Chevron's Jansz-Io compression project off Western Australia, which supports gas recovery at the Gorgon LNG project.
STX Heavy Industries announced on September 1, 2021 that it signed ship engine supply contracts with Daeshin Shipbuilding worth 23.2 billion won and 12.4 billion won, totaling 35.7 billion won as stated in the headline.
CSG Energy (China Southern Power Grid Energy) signed an energy托管 (energy management) contract with Chongqing International Composites for a compressed air centralized supply project at the Changshou plant. CSG Energy will invest, build and operate an efficient compressed air station using a BOT model.
Valmet successfully started up a new kraftliner production line, PM 27, at Klabin's Puma Project in Ortigueira, Paraná, Brazil on August 30, 2021. The line is part of Klabin's Puma II project, which aims to produce 910,000 tonnes of packaging paper annually.
Hanwha Cimarron will spend $51 million to build a production facility in Opelika, Alabama, expected to produce 4,000 high-pressure tanks per year when construction completes next year.
The Danish Defence Acquisition and Logistics Organization published a tender for service, maintenance, spare parts and possible new high-pressure breathing air compressor systems for about 80 BAUER compressors. The tender was published on 31 August 2021, with a bid deadline of 20 October 2021.
Hengli Hydraulic plans to issue new shares to as many as 35 institutional investors to raise CNY5 billion (USD773 million), with funds going to projects in Mexico, Changzhou and working capital.
Hengli Hydraulic plans a CNY1.2 billion project in Santa Catarina, Nuevo Leon, Mexico, with annual capacity for oil cylinders, special cylinders and hydraulic pumps and motors. No construction schedule was given.
Atlas Copco acquired NATEV GmbH of Borken, Germany, a maker of positioning solutions for assembly tools, to expand its industrial technique business area. Financial terms were not disclosed.
Fairbanks Morse Service, the aftermarket division of Fairbanks Morse Defense, was awarded a five-year IDIQ contract by the Military Sealift Command and US Navy for parts and maintenance repair services, announced August 31, 2021.
Aker Solutions awarded MAN Energy Solutions a contract to supply five Subsea HOFIM compressor units for Chevron's Jansz-Io Compression project offshore Western Australia, part of the Gorgon gas development.
TCI Precision Metals has installed a second OMAX 80X waterjet machining center at its Gardena, California facility to meet growing demand for precision machine-ready blanks and specialty parts.
TMC Compressors was contracted by Jiangnan Shipyard to supply energy-efficient Smart Air compressors for four VLGCs being built for Tianjin Southwest Maritime. The contract value was not disclosed.
NSH USA Corporation purchased land and buildings at 47 Broadway in Albany, New York for construction of a new manufacturing technology center to expand its footprint and house the Niles Technical Application Center.
Manitowoc expanded production of larger Grove rough-terrain cranes (up to 100 t capacity) to its Niella Tanaro, Italy plant, previously only made in Shady Grove, Pennsylvania. The first large RTs shipped in June 2018.
Setco Sales Co., a manufacturer of spindles and precision parts, will relocate its headquarters from Cincinnati to Boone County, Kentucky, investing $6.25 million and creating 30 jobs. The new facility will expand production capacity for spindles, slides, and milling heads.
CNH Industrial has signed an agreement to purchase 90% of Sampierana S.p.A., an Italian manufacturer of earthmoving machines and undercarriages, for €101.8 million. Closing is expected in Q4 2021, with full control to be obtained over four years.
Trimborn Maschinenbau GmbH invested in a new DMU 75 MonoBlock 5-axis milling machine from DMG MORI AG, including an automatic pallet changing system.
AmeyBriggs, a joint venture between Amey and Briggs Defence, began operations on the £240 million Miter contract to maintain and manage construction and materials handling equipment for the British Army, Royal Navy and Royal Air Force globally. The contract runs for seven years and started on 1 June 2021.
北京北一机床有限责任公司 signed a sales contract with 大明重工有限公司 for one XKA28120×200 ultra-heavy CNC gantry lathe-milling composite machine tool. The machine weighs 1,160 t and can machine parts up to 12 m wide, 20 m long and 7 m high.
Shibaura Machine will launch a new Smart Factory at its Elk Grove Village, Illinois tech center in Fall 2021, featuring automated all-electric injection molding machines and IoT technology.
Chapin International will increase investment in its Mount Vernon, Rockcastle County, Kentucky operation to $13.9 million and double job creation at the facility to 200 full-time positions.
Chapin International, a maker of compressed air sprayers, plans to acquire a 496,000-square-foot facility on the South Danville Bypass in Boyle County, Kentucky, investing $8.25 million and creating 100 full-time jobs.
Stanley Black & Decker announced it will purchase the remaining 80% of MTD for $1.6 billion. MTD designs and manufactures outdoor power equipment under brands including Cub Cadet, Troy-Bilt, Robomow, Wolf-Garten, and Rover, and has 7,500 employees.
Harmar Mobility LLC, a manufacturer of wheelchair and stair lifts, plans to expand into a new facility in northern Sarasota County, Florida, adding 43 jobs at an average salary of $58,000. The expansion was supported by a $129,000 county grant and a 10-year property tax exemption.
OTTO FUCHS KG has ordered a PK 3150 crank forging press with ServoDirect technology from Schuler for its Shenyang, China, site to produce aluminum chassis components.
Freightcar America announced a $60 million expansion at its Castaños plant in Coahuila for the production of train wagons. The plant already employs 900 people.
Miracle Automation received a notice confirming it as the supplier for the first-line assembly line of Changsha BYD Automobile Co., Ltd. The project value is RMB 106 million, with delivery by March 31, 2022.
Milwaukee Tool announced a new 357,000 square-foot manufacturing facility in Clinton, Mississippi, with a $7 million investment. The facility is expected to open in November 2021 and is part of a commitment to create 1,200 jobs in Mississippi.
Mecfor and Advanced Dynamics, two Quebec-based SMEs, merged to create EPIQ Machinerie, the largest equipment manufacturer in the North American aluminum industry. The new company will have revenues of CAD 55 million in 2021 and 60 million in 2022.
ABB has added a new manufacturing line for low voltage motors at its Faridabad facility in India, increasing plant capacity by over 20%. The line will produce energy-efficient motors up to 55kW for various industrial segments.
ABB has been contracted by Voith to deliver drives and electrification for SCA's new PM2 kraftliner machine at its Obbola mill in Umeå, Sweden. The project will increase annual production from 450,000 to 725,000 tonnes.
Bulgarian company Turbo Garant has started construction of a new complex for turbocharger repair in Industrial Park Sofia-Bozhurishte. The investment is nearly 6 million BGN and will create 30 new jobs.
Bosch has opened a $17 million Manufacturing Automation Centre in Clayton, Victoria, housing Bosch Australia Manufacturing Solutions (BAMS) and Rexroth Drives and Controls. The facility consolidates Bosch's Victorian businesses at its Clayton campus.
New Leaf Biofuel expanded its biodiesel production facility in San Diego, California, from 5 million to 12 million gallons per year. The project included adding Siemens SIMATIC WinCC SCADA system and was completed by Western States Controls. The case study was published on August 23, 2021.
Kyowa Industrial Co., Ltd. of Takasaki, Japan acquired Eidemiller Precision Machining of Milford, Michigan. The acquisition allows Kyowa to expand into the US automotive and manufacturing industries.
US-based Delroyd Worm Gear ordered one of PTG-Holroyd's HG350-WG worm gear and gear grinding centres, the first export order for the new range. Installation is scheduled for summer 2022.