Pottinger has opened its fourth production plant in St. Georgen, Austria, after an investment of €25 million. The company immediately started construction on a €45 million extension to double the production area, where round balers and large rakes will be manufactured. 60 jobs will be created initially.
KNOLL America Inc., a supplier of conveyor and filtration systems, will invest more than $7.8 million to locate a new U.S. headquarters and manufacturing facility in Gaston County, North Carolina, creating 31 jobs.
Damen Shipyards Group delivered a Fast Crew Supplier (FCS) 1605, named Ricochet, to Allseas to support the Pioneering Spirit vessel. The contract was signed on 15 March 2021 and delivery occurred on 14 June 2021.
Cambridge Precision Ltd (CPL) acquired three new Doosan machine tools and a Doosan collaborative robot from Mills CNC to fulfill a new machining contract for high-precision aluminium enclosures. The equipment was installed at CPL's facility in St Neots in February 2021.
Wabtec Corp. opened an 11,000-square-foot additive manufacturing facility at Pittsburgh International Airport's Innovation Campus. The company began operations there on June 8, 2021.
Helios Technologies signed a definitive agreement to acquire NEM S.r.l., a hydraulic solutions maker in Emilia Romagna, northern Italy, serving material handling, construction and agricultural markets. Terms were not disclosed and closing is expected in Q3 2021.
IDEX Corporation completed its acquisition of Airtech Group, Inc. and US Valve Corporation from EagleTree Capital, adding vacuum pumps, blowers, compressors and valves to its Health & Science Technology segment.
Caterpillar has started production and shipping of the new Next Generation Cat 374 and 395 excavators at its Victoria, Texas facility. The models are large excavators with improved efficiency.
Pöttinger officially opened its fourth production plant in St. Georgen, Austria, with a EUR 25 million first phase, and broke ground for a second phase with an additional EUR 45 million investment.
瑞麗刀剪 (Rui Li Knife & Scissors) will invest NT$30 million to introduce smart machinery and ERP/MES systems at its existing plant in Dadu, Taichung.
Loxam Group, through its subsidiary Ramirent AB, acquired MaskinSlussen AB, a general equipment rental company in western Sweden with 3 branches and revenues of over SEK 90 million. The acquisition strengthens Loxam's position in the Swedish equipment rental market.
Valmet will supply Klabin in Brazil a paperboard machine (PM 28), a new fiberline with Continuous Cooking G3 and a BCTMP line as part of Klabin's PUMA II investment, with start-ups scheduled for 2Q 2023. Values were not disclosed.
Valmet received orders from Klabin for a paperboard machine PM 28, a new fiberline with Continuous Cooking G3 and a BCTMP line, for start-up in Q2 2023 as part of Klabin's PUMA II investment phase. Values were not disclosed.
Hargassner International has acquired 100% of Rakoczy Stal, a Polish manufacturer of high-quality boilers for pellets and coal, with over 70 employees in Stalowa Wola.
Premier Tech will expand its footprint in Utah, adding up to 63 new high-paying jobs and investing $18.8 million in capital over 10 years, with a tax credit from the Utah Governor's Office of Economic Development.
SNT Energy announced that its subsidiary S&T Gulf CO., LTD has signed a contract worth 11,868,764,600 KRW to supply air coolers. The contract period ends on April 30, 2022.
Krüger Aviation, a plastic semi-finished product manufacturer in Barsbüttel, Germany, invested an undisclosed amount in a 5-axis CNC gantry milling machine from HG Grimme SysTech for trimming deep-drawn parts made of plastic and composite materials for the aerospace industry.
TMH Africa will produce over 1200 bogie frames at its Boksburg, South Africa facility for the Egyptian National Railways' new fleet of 1300 passenger coaches, with deliveries of up to 50 bogies per month over three years.
DMG MORI Manufacturing USA has consolidated production at a new official location in Davis, California, investing nearly $1 million in new equipment. The facility produces horizontal milling technology, automation, and digitization solutions.
US-based packaging automation company K2 Kinetics acquired Robotic Packaging Machinery (RPM), a designer and manufacturer of case packing solutions. Financial details were not disclosed.
GL Plus, a food waste processor manufacturer, signed a supply contract with Otek Carrier for the 'Clawind Wiz' food waste processor. GL Plus expanded its third factory to complete the first delivery.
Austal USA was awarded a $3.6 million U.S. Navy contract for functional design of the Navajo-class Towing, Salvage and Rescue Ship (T-ATS), a steel-hulled vessel, with work to be performed in Mobile, Alabama.
George Kent (Malaysia) Bhd will design and build a glove manufacturing plant in Lumut Port Industrial Park, Perak, for RM624.1 million, with a capacity of 12 billion pieces per year. Commercial production of the first line is expected in August 2021.
Zoomlion officially launched operations of its new factory in Mantova, Italy, for localized production of tower cranes, automobiles, work platforms and forklifts.
Stena Drilling acquired a 30% stake in Intebloc, a digital offshore lifting technology company, to improve safety and productivity of offshore lifting operations.
Iwis SE & Co. KG has completed the acquisition of the Soehnergroup, including Walter Söhner GmbH & Co. KG and its subsidiaries in the US, China, and Romania, after receiving antitrust approval.
Akkerman is expanding its facility with a new 10,800-square-foot weld shop, which will also create dedicated warehouse space. The expansion is underway and on schedule.
Australian OEM HMPS acquired stretch wrapping specialist Integrated Machinery from Pro-Pac Packaging Group for an undisclosed sum. The acquisition adds a manufacturing hub in Melbourne and expands HMPS's end-of-line equipment portfolio.
Sugino Machine completed a new factory at its Hayatsuki Plant in Namerikawa City, Toyama Prefecture, on May 25, 2021. The factory will produce pulverization and dispersion devices and biomass nanofibers, with an investment of about 1.5 billion yen.
Arkema acquired a 10% stake in ERPRO 3D FACTORY (E3DF), a French specialist in large-series additive manufacturing. The investment will make Arkema a member of E3DF's strategic committee.
Zeitfracht Gruppe acquired Sauter Feinmechanik, a world market leader in tool revolver technology and supplier of tool and workpiece carrier systems for machine tools. Sauter employs about 240 people and has subsidiaries in the US, Hungary, and Taiwan.
Carlstad Machinetools has sold two Correa Fenix 60 bed milling machines to Rottne Industri as part of a SEK 40 million investment by Rottne. The machines include full equipment and five-year warranty.
Zoomlion Heavy Industry opened a new manufacturing facility in Solferino, Italy, to produce mobile cranes, assemble tower cranes, and serve as a distribution hub. The plant will employ around 80 people and covers 20,000 m2.
Prinz is building a three-storey production hall of 1,200 square metres at its Albrechtsberg site in Loosdorf, housing machine construction, a coating system and offices. The company calls it its largest investment in its history.
Danfoss A/S agreed to sell its White Drive Motors & Steering business to Interpump Group based on an enterprise value of EUR 230 million plus a variable part estimated at EUR 40 million. The sale is a step toward Danfoss's acquisition of Eaton's hydraulics business.
Marion Manufacturing and Augustine Die & Mold Inc. were awarded a $24,960,614 firm-fixed-price contract from the U.S. Department of Defense to provide various machined items for the Portsmouth Naval Shipyard.
Rottne Industri AB is investing SEK 40 million in two new bed mills and a new industrial hall of about 1,700 m2 to increase production capacity. The investment aims to raise annual output from 150-200 to 300 machines.
Magirus Lohr, a manufacturer of firefighting vehicles, has opened a new production facility in Zettling, Premstätten, Austria. The site employs 160 people and replaces the previous location in Hönigtal.
Rockwell Automation and Comau announced a collaboration to provide unified robot control solutions, allowing engineers to program Comau robot arms through Rockwell's Logix-based controllers and Studio 5000 software.
Pangyuan Leasing, a subsidiary of Construction Machinery, is investing CNY 100.54 million to build an intelligent equipment maintenance and remanufacturing base in Jintang County, Chengdu, Sichuan. The project has a 2-year construction period, with production starting in year 3 and full capacity in year 5, achieving annual capacity of 500 tower cranes remanufactured and 500 tower cranes leased.
Pearl Technologies, an industrial cutter manufacturer, will renovate and upgrade its headquarters and manufacturing facilities in Savannah, Wayne County, New York. The project will add and retain more than 60 jobs and bring in-house production of industrial knives currently outsourced overseas. Empire State Development is assisting with up to $200,000 in tax credits.
UK/US private equity firm TowerBrook Capital has agreed to acquire tower crane sales and rental group Uperio from LFPI group, Sofina, Gigarant, and senior management. The share sale agreement was signed on June 2, 2021, and is expected to complete in summer 2021.
Heytex USA has awarded New Era Converting Machinery an order for a three-ply thermal laminating and embossing line to be installed at its Pulaski, VA plant.
SCX engineering group has acquired Denley Hydraulics, a West Yorkshire-based designer and manufacturer of bespoke electro-hydraulic solutions.
ATS Automation Tooling Systems acquired Control and Information Management Ltd. (CIM), an industrial automation system integrator based in Dublin, Ireland, to strengthen its pharma automation capabilities.
Liebherr is investing tens of millions of dollars in its Ehingen crane factory under the WeLog project, including new buildings, logistics reorganization, a new service center in Berg, and a new ERP system. The project is planned for completion by 2024.
Danfoss Drives is increasing automation in its VLT production with Cencorp's RoboBox-OF through-hole assembly robot capable of placing oversized components. The robot is part of an intelligent production line using Cencorp's standard Odd-Form placement robots.
CIM Industrial Systems (CIM.AS) became part of the XANO Group as of May 31, 2021. CIM's industrial software products and development resources will complement XANO Industrial Solutions business unit.
Siemens Energy and Heat Management entered a strategic partnership to jointly develop optimized steam sootblowing and steam turbine control solutions to reduce CO₂ footprint in the pulp and paper industry.
Han's Laser (大族激光) announced it has received cumulative winning bid notices from CATL (宁德时代) and its subsidiaries for lithium battery production equipment totaling 1.003 billion yuan (including tax) from January 1 to June 2, 2021. Of this, 922 million yuan in contracts have been signed, with 81 million yuan pending.