Carlstad Machinetools sold an 8-meter long Correa Norma L80 bed mill to Lyckes Produktionsverktyg AB. Installation is scheduled for Q1 2022.
Valmet has received orders from Nine Dragons to deliver two fiberlines, two BCTMP lines, a recovery boiler and DeNOx scrubbers for a greenfield pulp, paper and board mill in Beihai, China. Start-ups are scheduled for 2023.
ABB has been contracted by machine supplier Voith to deliver drives and electrification for SCA's new kraftliner machine PM2 at the Obbola mill in Sweden. The expansion will increase annual kraftliner production from 450,000 to 725,000 tonnes.
ioneer awarded Veolia Water Technologies a major engineering design and equipment supply contract for its Rhyolite Ridge lithium-boron project in Nevada; equipment supply is conditional on a final investment decision.
Hiab, part of Cargotec, has agreed to acquire Galfab, a US manufacturer of roll-off hoists and related waste equipment based in Winamac, Indiana. The acquisition broadens Hiab's demountable portfolio and includes Galfab's facilities in Phoenix and Houston.
Ponce Tecnología Industrial has acquired Cuatrometal 2010 S.L. to strengthen its industrial maintenance business line. All Cuatrometal employees will join PTI's workforce.
Custom Truck One Source has been awarded full Terex Utilities distributorship across Canada, effective August 20, 2021, allowing sales nationwide in addition to existing rental and service offerings.
CLEVR, a low-code and no-code software specialist, has acquired Digitread, a PLM system integration company and platinum-level Siemens solution partner, to support expansion in industrial, manufacturing, marine and energy sectors.
The Timken Company acquired Intelligent Machine Solutions (iMS), a manufacturer of industrial robotics and automation solutions, to expand its Rollon linear motion product range with heavy-duty applications like robotic transfer units.
John Deere will acquire Hitachi Construction Machinery's interest in their 33-year joint venture for $275 million, taking ownership of three factories in the Americas and securing licensing agreements for continued production of Hitachi-designed excavators. The deal takes effect in February 2022.
John Deere and Hitachi Construction Machinery are dissolving their 33-year joint venture for manufacturing excavators in the Americas, effective February 28, 2022. Deere will purchase the joint-venture factories for $275 million and enter a long-term supply agreement with Hitachi.
Weber Maschinenbau Neubrandenburg invested €3.4 million in a fully automated manufacturing line for metal components for sausage and cheese slicing machines. The line includes a Trumpf bending cell and runs around the clock.
Oncativo is evaluating the relocation of its factory outside the urban perimeter of Oncativo, Córdoba, Argentina. The project is expected to be completed in 3 to 4 years.
AGCO subsidiary Precision Planting agreed to acquire the business and assets of precision harvesting solutions manufacturer Headsight. Headsight will continue to operate from Bremen, Indiana.
Toscotec will supply an AHEAD 2.2L tissue line on a turnkey basis to Vajda Papír at its Dunaföldvár mill near Budapest, Hungary. The line has a capacity of over 80,000 tons/year and start-up is planned for the first half of 2022.
Komatsu Forest AB began production at its new plant in Umea, Sweden, with an investment of about 10 billion yen. The plant is Komatsu's first carbon neutral plant, using solar panels and geothermal energy.
Xiaxing Technology (Zhejiang) Co., Ltd. signed an investment agreement to build a plant producing 1,000 units of engineering machinery per year in Sanmen, Zhejiang. The project involves 8 billion yuan investment and is expected to create 400 jobs.
American Trailer World invested $20 million in expanding advanced manufacturing operations at its Carry-On Trailer facility in Lavonia, Georgia. The expansion will create at least 225 jobs and increase production capacity for utility and specialty trailers.
Rottne Industri AB is investing SEK 40 million in two new bed milling machines and a 1,700 m² industrial hall to increase production capacity and specialize its factories in Rottne and Lenhovda, Sweden.
Clear Edge Filtration announced the expansion of its Minnesota plant to add fabrication of liquid filtration media and belting products, integrating yarn-to-finished-product capabilities in one building. The Tulsa, Oklahoma site will transition to other facilities.
Kinshofer GmbH signed a definite agreement to acquire a majority shareholding of Cangini Benne Srl, an Italian manufacturer of attachments for excavators and front loaders.
The Madern Group has acquired Weidenmiller Co., a rotary tool and die manufacturer for the cookie, cracker, snack and pet food industries. Weidenmiller will continue operations in Itasca, Illinois.
Shanghai Electric announced on August 17, 2021 that its board approved the transfer of its 80.59% stake in Electric International Trading to Shanghai Electric Group for RMB 1.957 billion. The transaction is expected to generate a gain of RMB 568 million.
Shenzhen H&T Intelligent Control (002402.SZ) will invest 400 million yuan through its subsidiary Fuzhou H&T to build a manufacturing base in Fuzhou High-tech Development Zone for smart controllers and smart hardware. The project is expected to generate annual output of 1 billion yuan.
MHI Compressor International will supply four compressors and two steam turbines for Koch Fertilizer's $140 million revamp of its Fort Dodge, Iowa ammonia plant, which will add 85,000 tons per year of ammonia capacity, with deliveries in Q2 2022.
Hyster-Yale Materials Handling completed the acquisition of 75% of Zhejiang Maximal Forklift Co., Ltd. from KNSN Pipe & Pile Company Limited for $90 million. The company has been renamed Hyster-Yale Maximal Forklift (Zhejiang) Co., Ltd.
Brandt Tractor Ltd. has agreed to acquire all outstanding shares of Cervus Equipment Corporation for $19.50 per share in cash, valuing Cervus at approximately $302 million.
The Arab Organization for Industrialization and DMG MORI signed an agreement in May to establish a factory for high-precision turning machines in Egypt, the first in Africa, set to open in 2023. The factory will cover about 60,000 square meters and have an annual capacity of over 1,000 machines.
The Arab Organization for Industrialization (AOI) announced a deal to purchase a German turning and milling machine from DMG MORI for manufacturing and forming metals. The machine weighs about 150 tons and is the first of its type in the Middle East.
Rieter Holding Ltd. signed an agreement to acquire the Schlafhorst automatic winder business, Accotex and Temco from Saurer Netherlands Machinery Company B.V. for EUR 300 million. Closing is expected in August 2021.
Rotork PLC received an order for almost 150 intelligent electric actuators on a Pakscan control network for the Quimica Puente Mayorga chemical processing plant in Cádiz, Spain, owned by CEPSA. Some actuators have been installed; the remainder will be installed in the coming months.
Muncie Power Products bought a former industrial building at 2500 N. Priority Way in Yorktown, Indiana, and will add 100,000 sq ft and invest over $20 million to consolidate operations there.
Consolidated Equipment Group, a portfolio company of Hanover Partners and Northstar Capital, was acquired by Dominus Capital. Terms were not disclosed. CEG designs and manufactures skid-steer and tractor attachments.
Citizen Machinery announced plans to build a new precision machining plant on the grounds of its Karuizawa headquarters factory to increase production capacity for core machine tool components by 6%. Construction is planned from July 2022 to March 2023.
Mercosul Electric Motors plans to install a new electric motor factory in the state of Alagoas, Brazil, with investments of R$170 million (approx. US$32 million), generating 258 direct jobs. Installation is expected to start in October 2021.
Metron announced a 500 million yuan project to build 257 electroplating diamond wire production lines in Xinyang, Shaanxi, with annual capacity of 30 million km.
Larsen & Toubro's heavy engineering arm won an order from Technip Energies-India for a titanium clad oxidation reactor for a PTA plant.
The US Naval Air Warfare Center awarded three indefinite-delivery/indefinite-quantity contracts to Machine Tools Marketing Inc., Machine Tools USA Inc., and Pacific IC Source for machine tools and support services. The aggregate ceiling for all contracts is $40 million.
Ziehl-Abegg is investing 36 million euros in its Kupferzell site, with 16 million euros already spent on expanding production buildings and 20 million euros for new machinery. The expansion will add 8,700 square meters for manufacturing energy-efficient electric motors and create 180 jobs.
The Weir Group plans to expand its operations in Utah, adding up to 133 new jobs over 10 years with a capital investment of $22.6 million. The company is a global leader in slurry handling equipment.
Tongyu Heavy Industry plans to invest 763.6 million yuan to build a multi-functional super-heavy forging press and supporting equipment at its existing plant in Dezhou High-tech Industrial Development Zone, Shandong. The construction period is two years.
Spanish printing equipment maker Comexi sold an Offset CI8 printing press and an ML1 MC laminator to Thai flexible packaging manufacturer Prepack Thailand.
Huxley Bertram Engineering Ltd has been awarded a £535,200 contract by the UK Department of Health and Social Care to convert automated assembly machinery for fitting 3mm strips instead of 5mm strips. The contract was awarded on 11 August 2021.
UZTM-KARTEX delivered the first EKG-18 excavator to the Elga coal deposit in Yakutia, Russia, under a contract for 15 excavators signed in August 2020. The machine has begun operation, with delivery of all units expected by 2022.
Linamar Corporation entered an exclusive Global Manufacturing Agreement with IMSystems to bring the Archimedes Drive transmission system to market, and made a minority equity investment as part of a €3 million Series A round.
Seoho Electric announced a contract with Shanghai Zhenhua Heavy Industries to supply electrical control systems for cranes. The contract is valued at KRW 18.15 billion and the delivery location is China.
Roper Technologies agreed to divest its Zetec business, which provides non-destructive testing equipment, to Eddyfi/NDT for about $350 million in cash. The transaction is expected to close by end of 2021.
Siemens Large Drives Applications received an order from a Chinese customer to deliver a 105 MW high-voltage motor and a 40 MW Sinamics GL150 starting frequency converter for an energy storage project in China.
DUBAG, a private equity firm, agreed to acquire the global chain drive business from Schaeffler, an automotive and industrial supplier. Financial terms were not disclosed.
Norway-based TMC Compressors won a contract of undisclosed value from Jiangnan Shipyard to supply marine compressed air systems for six 93,000cbm LPG carriers being built for Petredec.