Danfoss has become a preferred partner of NVIDIA for its UQD and UQDB quick disconnect couplings, which are part of the NVIDIA GB200 NVL2 platform used in AI data centers.

Turnspire Capital Partners has acquired Swanson Industries, a Morgantown, West Virginia maker of hydraulic equipment for mining and industrial use, from AEA Investors. The deal also includes Swanson's controlling stake in Tiefenbach North America. No deal value was disclosed.

Foodservice packaging maker amipak agreed to buy a second BOBST Novacut 106 ER 3.0 die-cutter to add production capacity at its 100,000 sq. ft. site. The deal was agreed on June 6, 2024 at drupa and delivery is due in September 2024.

Atlas Copco plans a $40 million expansion of its Voorheesville facility in Albany County, New York, adding a 64,438-square-foot building so it can custom build larger compressors. The plan was reported on 2024-06-04.

Ingersoll Rand acquired Complete Air and Power Solutions (CAPS) of Australia, which provides compressed air and power generation services, as part of a combined roughly $150 million deal for four companies.

Landefeld, a supplier of pneumatics, hydraulics and industrial components, completed the acquisition of Köly, a German manufacturer of pneumatic rotary actuators. Financial terms were not disclosed.

Baker Hughes has secured a major contract from Sonatrach for a gas-boosting project at the Hassi R'Mel gas field, supplying 20 compression trains based on Frame 5 gas turbine and BCL compressor technology. The work is part of a broader order to a Baker Hughes and Tecnimont consortium, reported on 24 May 2024.

Anhui Hongsifang Co. published the result of its tender for acetylene mixed-gas compressor units for its 5,000 t/yr NVP expansion project, awarding the order to Jiangyin Keyi Compressor Co. The notice is dated 24 May 2024.

Sonatrach awarded a $2.3 billion EPC contract to a Baker Hughes and Tecnimont consortium for three gas boosting stations at the Hassi R'Mel field in Algeria. Baker Hughes will supply 20 compression trains, and completion is scheduled within 39 months.

A plant producing large-tonnage LNG compressor units, costing about 10bn rubles, is planned in Zelenodolsk district, Tatarstan, for Kazankompressormash. Construction is planned to finish by end-2024 and create over 50 jobs in the first stage.

Saudi Arabia's Middle East Paper Company (MEPCO) commissioned Voith to build a complete recycled containerboard production line at its Jeddah mill, with annual output of up to 450,000 tons and start-up scheduled for Q4 2027.

Middle East Paper Company (MEPCO) commissioned Voith to build a complete recycled containerboard production line (PM 5) at its Jeddah mill in Saudi Arabia. The line will produce up to 450,000 tons per year, with construction starting in Q3 2024 and start-up in Q4 2027.

ITT Inc is investing approximately US$11 million to expand pump, motor and control testing capacity at three Industrial Process sites in Obernkirchen (Germany), Vadodara (India) and Dammam (Saudi Arabia).

Wipro Hydraulics signed a definitive agreement to acquire the assets of Canada-based Mailhot Industries, including its JARP Industries unit, a maker of hydraulic cylinders for refuse trucks and snow removal equipment; financial terms were not disclosed.

Oshkosh Corporation signed a definitive agreement to acquire AUSACORP S.L., a privately held Spanish manufacturer of wheeled dumpers, rough terrain forklifts and telehandlers, which will join its Access segment. Closing is expected within 90 days. No deal value was disclosed.

VARD has contracted TMC Compressors to supply a complete marine compressed air system for a newbuild cable laying vessel being built for Prysmian, with equipment made in the Nordic region and delivered to a VARD shipyard in Norway. The contract value was not disclosed.

SACMI Group announced the sale of its Beverage Business Unit, a maker of beverage filling, stretch-blowing and labeling systems, to Omnia Technologies; the deal is expected to close by the end of summer 2024.

Atlas Copco acquired Tecturbo, a Brazilian service company and manufacturer of centrifugal compressor parts based in Campinas, São Paulo State, with 51 employees and about BRL 30 million in 2023 revenue. The purchase price was not disclosed.

Pennine Pneumatic Services (PPS) established a dedicated pneumatics branch within the existing Gateshead location of Pearson Hydraulics through an intra-group partnership. The branch is now open for business, offering a trade counter and Festo and other pneumatic products.

Momentum Group signed an agreement to acquire 100 percent of Hydjan Oy, a Helsinki-based specialist in hydraulics and pneumatics for industrial customers in Finland. Hydjan has about EUR 1.2 million in annual sales and six employees.

York-based RG Group has acquired Benz Hydraulics, a Wilmington, Delaware hydraulics and pneumatics company, to expand its product offerings and presence in Delaware.

Dürr Group agreed to sell Danish filling-technology subsidiary Agramkow Fluid Systems and its two subsidiaries to Swedish investment company Solix Group, at an enterprise value of EUR 47 million.

Zigong Dongfang General Compressor ranked first among shortlisted bidders for a CNOOC Zhanjiang reciprocating compressor tender for the Weizhou oilfield group, with a bid of CNY 5,760,000 including VAT. The shortlist was published on 26 April 2024 for public comment until 29 April.

Xinlei Compressor plans a future factory in the eastern new district of Wenling, Zhejiang, with total investment of about 1.2 billion yuan, to produce 800,000 small air compressors, 65,000 screw compressors, 3,000 centrifugal blowers and heat pump units annually.

Baker Hughes secured a contract from Saudi Aramco to supply 17 aeroderivative gas turbine-powered pipeline centrifugal compressors for phase three of the Master Gas System, booked in Q1 2024.

Kaishan Compressor USA (KCA) held a groundbreaking for an expansion of its Baldwin County, Alabama plant, adding 90,000 sq ft of new factory space and a 5,000 sq ft R&D center to expand dry oil-free screw air compressor production. The $15 million cost is fully self-funded.

Bangladesh Petroleum Exploration and Production Company signed an agreement with S.C. Euro Gas Systems of Romania to procure and install three wellhead compressors at the Srikail gas field in Cumilla, worth USD 15.92 million. The signing took place on Tuesday, 23 April 2024.

Baker Hughes won a contract to supply 17 pipeline centrifugal compressors to Saudi Aramco for its gas expansion project.

Magnum Venus Products moved its machining and fabrication operations from Kent, Washington to its 125,000 sq ft East Tennessee facility near Knoxville, boosting production capacity by 25% and creating at least 30 positions this year.

Baker Hughes received an order to supply 17 pipeline centrifugal compressors for phase 3 of Aramco's gas network expansion in Saudi Arabia, booked in Q1 2024.

Baker Hughes received an order from Worley, for Aramco, to supply 17 pipeline centrifugal compressors with aeroderivative gas turbines for phase 3 of Saudi Arabia's Master Gas System, booked in Q1 2024.

ANDRITZ received an order from PT Pabrik Kertas Indonesia to rebuild two OCC recycled fiber lines at its Surabaya mill, raising capacity to 500 t/d, with startup scheduled for September 2024.

Baker Hughes is investing in expanding its manufacturing site in Modon, Saudi Arabia, doubling workforce capacity to support projects including MGS3 with localized testing and packaging.

Baker Hughes received an order from Worley, on behalf of Aramco, to supply 17 pipeline centrifugal compressors with aeroderivative gas turbines for phase 3 of Saudi Arabia's Master Gas System, booked in Q1 2024.

Kaishan Compressor USA (KCA) held a groundbreaking ceremony on April 22 for a factory expansion in Loxley, Baldwin County, Alabama. The project adds 90,000 sq ft of factory space and 5,000 sq ft of R&D space, funded by KCA itself.

Kaishan Compressor USA broke ground on an $11 million expansion of its Loxley, Baldwin County, Alabama plant, planning to add 50 jobs over five years.

Poclain opened a new factory in Spilamberto, Italy, as a center of excellence for axial piston pumps. The 7,500 square metre site adds 40% more machining and assembly capacity and supplies pump sister plants in North America and China.

Linde Hydraulics UK appointed Saleem Jabbar as the new Managing Director of its UK division.

Nidec Press & Automation broke ground on an expansion that will quadruple its Queretaro, Mexico service facility, adding 8,600 square meters of production space, with completion expected by end of 2024 and about 40 local hires planned.

Atlas Copco is proposing a $30 to $40 million expansion of its Voorheesville, New York facility, adding a six-story addition to make larger CO2 compressors and about 50 jobs.

ONGC awarded Larsen & Toubro an EPCIC contract for the MHN TCPP PGC BGC project offshore western India. It covers construction and installation of new process gas compressor modules at the Mumbai High and Tapti offshore complexes and upgrades to existing facilities.

TMC Compressors won a contract to supply a large-capacity marine compressed air system, including compressors for control and service air, for MODEC's FPSO Errea Wittu. TMC will manufacture and assemble the equipment in Europe. The announcement was reported on 8 April 2024.

Baker Hughes won a public tender from Snam to supply three NovaLT 12 gas turbine driven compressor trains for a new compressor station in Sulmona, Italy, part of the 425 km hydrogen-ready Adriatic Line pipeline.

Baker Hughes received an order from Black & Veatch to supply turbomachinery for the Cedar LNG project in British Columbia, including four electric-driven refrigeration compressors, two boil-off gas compressors and six centrifugal pumps. The award was booked in Q1 2024.

US pump distributor Tencarva Machinery Company acquired Tri-State Coating & Machine, a Salt Rock, West Virginia provider of thermal coating services and parts to industry, in Q2 2024.

Baker Hughes won a contract from Black & Veatch to supply turbomachinery for the Cedar LNG project in Canada, including four electric-driven refrigeration compressors, two boil-off gas compressors and six centrifugal pumps. The award was booked in Q1 2024 and announced on April 5, 2024.

The Knoxville City Council approved Weiler's application to the Iowa Economic Development Authority High Quality Jobs Program for an expansion creating 171 full-time jobs with about $16.8 million investment.

Interpump Hydraulics Brasil is investing R$5 million in its Caxias do Sul plant to buy machining equipment and raw materials, lifting monthly winch production by 40% from 150 to 200 units. The increase was under way from January 2024 and is expected to be fully delivered by mid-2024.

The AQRCB/Consignaction signed an agreement with Machinex for a new sorting and packaging plant in Sorel-Tracy, Quebec, to process aluminum, plastic and multilayer carton deposit containers. The plant is due to be in place by March 1, 2025.

Universal Compressed Air (UCA) was selected to design, build, operate and maintain a compressed air station for a large electric vehicle battery plant in the Southeast United States. The station will produce 50,000 to 80,000 scfm with an installed capacity of over 15,000 hp.