J.B Castings is moving into a new 20,000 sqm factory in Xiangshan, Ningbo, which will double its production capacity.
Shandong Heavy Industry started construction of a large engineering machinery manufacturing base in Laiwu, Jinan, with a total investment of 5 billion yuan. Phase I is expected to be completed by end of 2021 and start production on July 1, 2022.
MSC Industrial Supply Co. acquired a majority interest in Wm. F. Hurst Co., LLC, a Wichita-based distributor of metalworking tools for the aerospace industry. Wm. F. Hurst will retain its branding and leadership under John Mullen. Financial terms were not disclosed.
NGC Nachfolgekapital GmbH, a subsidiary of MEDIQON Group AG, acquired a majority stake in direkt cnc-systeme GmbH, a provider of CAD/CAM software for CNC technology.
The Centre for Process Innovation (CPI) is seeking a single supplier for a Distributed Control System (DCS) upgrade at its National Industrial Biotechnology Facility 2, with a contract value of £500,000.
Walter AG and Vargus Ltd. established a joint venture named VWR Cutting Tools S.R.L. in Bucharest, Romania, to manufacture toolholders. Production is expected to start in November 2021 with some 20 employees.
Four Morris distribution companies (Robert E. Morris Company, Morris Great Lakes, Morris South, Morris Midwest) signed an agreement to become the exclusive representative for Modig Machine Tool in their regions.
In June 2021 Ardagh partnered with France-based beverage group Ogeu to invest in a beverage can filling line, which Ogeu will use to add new can formats to its drinks range.
Howden acquired Fancraft (Pty) Ltd in June 2021, a South African firm with over 30 years of service for maintenance, repair and installation of air and gas rotating equipment, adding to its Howden Africa Compressors and Turbines division.
Sumitomo Drive Technologies will invest US$50 million to build its fourth plant in Mexico, located in Juarez, Nuevo Leon. The plant will produce speed reducers and create 100 jobs, with completion expected in Q1 2022.
Nine Dragons Paper commissioned Voith to build and deliver three XcelLine paper machines for testliner production in China. Each machine has a daily capacity of about 2,400 metric tons, with commissioning planned for 2022 and 2023.
Z Elektronika is investing HUF 1.3-1.4 billion (including HUF 500 million in grant funding) to expand its production area by 2600 m² and upgrade its machinery at its Pécs site. The expansion is expected to significantly increase capacity next year.
YF Mold built and opened a new 7,000 square meter injection molding plant in Shenzhen, China, equipped with 30 injection machines from 60T to 1600 Tons. The plant was completed in 2021 after six months of site selection, equipment installation, and opening.
Machine-building plant KZDM signed a contract with German company Georg Kesel GmbH & Co.KG for the supply of an R2500M rack milling machine, with estimated delivery in November 2021.
Millennium Die Group has acquired National Steel Rule Die, Inc., combining their diemaking capabilities to serve markets including aerospace, medical, automotive, and more.
SEW Usocome, a subsidiary of SEW-Eurodrive, is investing €70 million to expand its Brumath plant by 25,000 m² to increase storage and assembly capacity. The expansion is expected to be completed in 2024.
Terex Materials Processing purchased an 18,000m2 facility in Jiading district, Shanghai to manufacture Powerscreen equipment for the domestic China market. First machines expected by end of 2021.
DMG Mori, in partnership with Arab Organization for Industrialization (AOI), is building a new production plant for turning and milling machines near Cairo Airport, Egypt. The facility will be about 20,000 square meters with an annual capacity of over 1,000 machines, and grand opening is planned for autumn 2023.
Alutech is building a new production and warehouse complex in the Industrial and Logistics Park of Novosibirsk region, using 450 tonnes of rolled metal from Chelyabinsk Metallurgical Plant (Mechel Group). The facility will produce industrial and garage sectional doors, roll-up systems, aluminum profile systems, and handling equipment. Commissioning is planned for 2022, with full capacity by 2027. Investment is estimated at 1 billion rubles.
Giuliano Gnutti has become the exclusive owner of 100% of Gnutti Cirillo Group by acquiring the 50% stake held by his brother Giordano. The leveraged buy-out was supported by a bank pool led by Intesa Sanpaolo.
Advanced Technology International was awarded a $99,000,000 indefinite-delivery/indefinite-quantity contract by the Office of Naval Research for the Navy Manufacturing Technology Composites Manufacturing Center. Work will be performed in Summerville, South Carolina, with completion expected by June 1, 2026.
Stankoprom (part of Rostec) and German manufacturer TRAWEMA signed an agreement to localize production of mobile turning and milling complexes in Russia, based at VNIIINSTRUMENT, for use in nuclear industry, shipbuilding, and other sectors.
AP&T has won a contract to supply automation equipment for a new multi-press line at Tenere's production facility in Monterrey, Mexico, for forming metal parts for ICT products. Production is planned to start in Q1 2022.
Hycast, a subsidiary of Norsk Hydro, signed a NOK 200 million contract with Innovation Group to deliver four new casting lines for extrusion ingots. Deliveries are scheduled to commence in Q3 2022 and be completed by end-2022.
Sany Automobile Manufacturing Co., Ltd. awarded a contract to Hangzhou Liwei Computer Machinery Co., Ltd. for a vertical machining center project for pump delivery pin axis line 2.0, valued at 2.994 million CNY.
Swedish agricultural machinery maker Väderstad AB has acquired 100% of AGCO-Amity JV LLC, which markets the Concord, Wil-Rich and Wishek brands. The acquisition will be integrated under the name Vaderstad Inc.
Doosan Infracore secured orders for 75 medium-to-large excavators from Saudi Arabian customers: 25 units (20 DX220LCA and 5 DX480LCA) from a construction company, and 50 DX225LCA units from a consortium of two construction firms.
Glass Futures secured planning permission for a 160,000 sq ft Global Centre of Excellence in St Helens, UK. Bowmer & Kirkland is the main contractor. The £54m facility will host R&D on decarbonising glass production, with construction starting July 2021 and completion by December 2022.
PROCAD, an international provider of PLM and PDM solutions, and keytech, a German PLM provider for the mid-market, announced their merger, following ACATEC Software GmbH joining PROCAD in March 2021.
Union Industries completed the supply and installation of 40 rapid-roller doors at Princes Group UK's food production site in Long Sutton, Lincolnshire, as part of Princes' £80m investment programme at the facility.
Rostselmash received a construction permit for a new tractor plant in Rostov-on-Don, Russia, with an investment of at least RUB 5 billion. The plant will have five buildings totaling 62,000 m² and produce up to 3,000 tractors per year, with completion expected in 2023.
SyBridge Technologies has completed the acquisition of ToolStats software and related intellectual property from CaptureMore. The acquisition enables the launch of SyBridge IoT Cloud.
ANDRITZ received an order to supply a sulfuric acid plant for Klabin's Ortigueira mill in Brazil. The plant will produce 150 tons/day of commercial-grade sulfuric acid from odorous gases and sulfur, making the site self-sufficient in sulfuric acid.
Ferguson Marine (Port Glasgow) Ltd awarded a contract for the provision of steelwork services for vessels 801 & 802. The total value is £4,400,000 excluding VAT.
California-based Stewart Tool Company will invest $9.1 million to establish its first East Coast manufacturing operation in Fluvanna County, Virginia, renovating a former Kloeckner Metals facility and creating 22 jobs.
Benshaw, a US motor drive firm, acquired the business assets of Hiconics Europe, a German manufacturer of medium voltage motor drives, to expand its medium voltage drive product offerings.
Meta Group Africa, in partnership with Muscat Overseas Group, acquired 100% of Kemach JCB Zambia, the exclusive JCB distributor in Zambia. The acquisition expands Meta Group's JCB distribution network to four countries.
HCM Engineering Ltd invested in a new Doosan Mynx 9500/50 large-capacity three-axis vertical machining centre, supplied by Mills CNC. The machine was installed at HCM's Stourbridge facility in February 2021.
GMM Pfaudler commenced manufacturing operations at a facility in Vatva, Ahmedabad, India, after acquiring the assets of HDO Technologies for ₹58.46 crore. The facility enhances heavy engineering capacity.
Airbus has ordered two TX3S boring-milling centres from Juaristi for its St-Eloi plant in Toulouse, France, to machine structural elements for aircraft engine mounts. The project was finalized and accepted in March 2021.
Carlisle Companies and several subsidiaries signed an equity and asset purchase agreement with BRWS Parent LLC, dated 24 May 2021. Deal value and details are not shown in the excerpt.
Munters Group AB broke ground on a $36 million, 365,000 square-foot facility in Botetourt Center at Greenfield, Virginia. The facility will house manufacturing, R&D, and sales for data center cooling and industrial process systems, replacing an existing plant in Buena Vista and retaining all 200 employees.
Le Joint Français, a Hutchinson subsidiary, will build a 4,000 m² logistics building in Château-Gontier-sur-Mayenne, financed by the Pays de Château-Gontier for €3.3 million.
Wold (Beijing Wold) plans to invest CNY210 million through subsidiaries to build a production line for coated cemented carbide and cermet cutting inserts in Jiaxing, Zhejiang, with an annual capacity of 28 million pieces over 5 years.
Schröder Group, a machine tool builder, acquired 100% of tool manufacturer SMU GmbH based in Leinburg-Weißenbrunn, Germany. The acquisition was completed on May 20, 2021, and aims to deepen the value chain in sheet metal working.
Heartland Equity Partners acquired a majority interest in ABM Equipment & Supply of Hopkins, Minnesota, on May 20, 2021. Terms were not disclosed.
Glaston is selling its Glaston Tools Srl segment to Bavelloni SpA, a glass processing machinery company. Glaston Tools, based in Bregnano, Italy, specializes in tools for glass and natural stone processing.
Glaston Corp. has signed an agreement to acquire the Bystronic Glass Group from Conzzeta AG. The transaction is expected to close by the end of the first quarter of 2019, subject to regulatory approval.
Voith and Truetzschler Nonwovens delivered a new system for specialty paper production to Papel Aralar in Spain. The PM5 started up in December 2020, producing plastic-free wet wipes, with total capacity of 45,000 tons/year.
Israel-based private equity firm FIMI Opportunity Funds is acquiring an 80% controlling stake in Gal-Shvav, a precision manufacturer of advanced systems for hi-tech industries, for $100 million.