Kiwa, a testing and certification organization, acquired a participation in Hudson Cybertec, a cyber security firm for industrial automation, as of May 5, 2021. The deal was announced on May 6, 2021.
Food-X Technologies, a subsidiary of Freshlocal Solutions, partnered with Carrefour Group to provide its eGrocery management solution for Carrefour's new e-commerce fulfillment centre in Belgium. The 8,350 m² facility can handle over 5,000 orders per day.
AGCO Power completed a multi-million euro investment program at its Linnavuori, Finland plant, including a new assembly plant, logistics center, and automated machining line. The expansion enables production of a new engine family by end of 2022.
Trucent opened a new $2 million CentraSep production facility in Noblesville, Indiana, to manufacture centrifuges and advanced filtration systems. The 44,000 sq ft facility is a centrifuge Center of Excellence.
Optinova inaugurated its Optinova Valley Forge plant in Plymouth Meeting, Pennsylvania, a 95,000 sq ft facility for specialty industrial tubing with 11 extrusion lines running at opening and capacity for over 20.
The JF Petroleum Group, a MidOcean Partners portfolio company, acquired Rittiner Equipment Company, a full-service provider of petroleum equipment distribution, maintenance and construction services in the Gulf Coast Region. Financial terms were not disclosed.
Veridiam has acquired a Matsuura Five-Axis Machining Center for its Oceanside Machining Center of Excellence, the fourth such machine added in the past year. The center will be operational by June 2021 and supports manufacturing for medical, aerospace, and nuclear components.
Biosynthetic Technologies announced a distribution partnership with Palmer Holland for its Biocea metalworking fluid additives in North America, effective April 1, 2021.
Eddyfi/NDT, part of Previan, acquired London-based Senceive Ltd, a leader in wireless condition monitoring technology for infrastructure. Senceive will operate as a separate entity and becomes the group's fifth business unit.
Valmet and ARAUCO signed an agreement for Valmet to supply Industrial Internet Solutions for the Arauco Mill Line 3 (MAPA project) in Chile, aiming to make it the world's most autonomous pulp mill. The agreement includes Mill Wide Optimization applications, advanced prediction and monitoring, and expert services.
KM Tools won a contract to design, manufacture, install and maintain smart jigs at Hitachi Rail's Newton Aycliffe production facility. The jigs support fabrication and welding of high-speed trains for the UK rail network.
Stara began construction of a new 23,500 m² manufacturing unit in Santa Rosa, Rio Grande do Sul, Brazil, with an investment of R$ 80 million. Operations are scheduled to begin in the second half of 2022, creating about 400 direct jobs.
Werner Pumps has installed and commissioned new Haas CNC machine tools at its Springs headquarters in South Africa, a R3 million investment that cut production time on some components by 50% or more.
German rental company Hüffermann has acquired Frankfurt based Eisele Crane & Engineering.
Doosan Bobcat North America announced a $70 million expansion of its Statesville, N.C. manufacturing facility, adding 580,000 square feet and 250 new jobs. Construction begins July 2021, completion expected May 2022.
Alpine Metal Tech, part of the MONTANA AEROSPACE group, has acquired the remaining 75% of IH TECH Sondermaschinenbau und Instandhaltung GmbH, fully integrating the special machine builder. IH TECH has about 30 employees and specializes in robotics, conveyor technology and machine vision.
Flottweg has completed construction of its second plant in Vilsbiburg, Germany, with an investment of approximately EUR 55 million. The new facility has 18,000 square meters of production space and will double production capacity for centrifuges and separation technology.
Flottweg inaugurated Plant 2 in Vilsbiburg, Germany, a roughly $66 million investment that doubles the company's separation-technology production capacity.
Meyer Werft selected TMC Compressors to supply the marine compressed air system for a newbuild AIDA Cruises LNG-powered cruise vessel being built in Papenburg, Germany. The contract value was not disclosed.
The Australian Department of Defence awarded a contract to SPEE3D for the supply of industrial machinery and equipment, valued at $1,053,978.20, awarded on May 1, 2021.
Howden acquired Maintenance Partners, an independent provider of aftermarket services for industrial compressors, blowers and steam turbines, on April 30, 2021. Terms were not disclosed.
Stiga started production of its new Stig robotic lawnmower at its Castelfranco Veneto plant, backed by an investment of over €15 million and involving 30 patents.
Northwest Pump bought the assets of D.R. Smith Co. (Air Compressor Service) in Everett, WA, effective May 1, 2021, adding seven staff and an 18th branch.
Guangzhou Yitong Machinery Industrial Co., Ltd. signed an agreement to invest approximately CNY 100 million in a new facility in Shaoguan South China Advanced Equipment Industrial Park. The plant will manufacture metal-cutting and metal-forming machine tools.
Metrika, a Milan-based private equity fund manager, has acquired a majority stake in Robor, a Treviso-based leader in machinery for continuous production of insulating panels, aiming to expand in China, Russia and North America.
The Precision Surfacing Solutions Group's Surface and Profile Finishing Division has opened a new state-of-the-art manufacturing facility in Troisdorf, Germany, where REFORM, ISOG, and KEHREN machines will be built.
KM Tools has completed a contract awarded by Hitachi Rail to design, manufacture, install and maintain smart jigs at Hitachi Rail's Newton Aycliffe production facility for high-speed train fabrication.
Siemens has signed a new three-year contract with Optronic for continuous mass production of optoelectronic boards used in laser applications for gas analyzers. Optronic has been a supplier to Siemens since 2008.
Hyundai Samho Heavy Industries, a subsidiary of Korea Shipbuilding & Offshore Engineering, signed contracts worth a total of KRW 364.4 billion to build four LPGCs (LPG carriers) for an Asian shipowner and a Liberian shipowner, with deliveries by May 2023 and December 2023.
Shanghai Electric's wholly-owned subsidiary Shangzhong Forging will sell and lease back production equipment including presses and furnaces to its parent company for RMB 126 million, with an annual lease fee of RMB 2.15 million.
ATS Automation announced a $60 million global expansion in 2019 that includes new manufacturing, office and innovation capacity in Waterloo, Ontario.
Yantai Universal Machine Tool Equipment Co., Ltd. held a beam-raising ceremony for its high-end CNC machine tool functional components industrial base project in Fudong Emerging Industrial Park, Fushan. The project is a 'retreat from city to park' relocation, with an investment of 450 million yuan.
SPX FLOW signed a definitive agreement to acquire mixing equipment maker Philadelphia Mixing Solutions from Thunder Basin Corporation in an all-cash deal valued at $65 million, expected to close in Q2 2021. The target is based in Palmyra, Pennsylvania.
Industrial Magnetics, Inc. has acquired Walker Magnetics Group, Inc., North America's oldest industrial magnet manufacturer. The deal brings together two industry leaders, with IMI marking its 60th anniversary and Walker having been in business for 125 years.
Trucent announced the opening of its new 44,000 sq. ft. CentraSep production facility in Noblesville, Indiana, a $2 million expansion from the previous 18,000 sq. ft. location, with plans for an additional $2 million investment over the next few years.
GR Engineering Services Limited has entered into an agreement to acquire Mipac Holdings Pty Ltd, a global provider of control systems engineering, automation and technology services, for up to $21.4 million.
Epiroc agreed to acquire DandA Heavy Industries, a South Korean manufacturer of hydraulic breakers, with about 60 employees and 2020 revenues of about MSEK 210. The acquisition is expected to close at the end of Q2 2021.
Yamazaki Mazak made a multimillion-pound investment in production equipment at its European Manufacturing Plant in Worcester, UK, including a VERSATECH V-140N/280 and FJV-60/80 machining centre to increase production capacity.
Midwest Growth Partners, with co-investors, capitalized Ag Solutions Group Holding Co. LLC to acquire Livingston Machinery Co. and contribute Ag Solutions Group LLC. The combined platform has 188 employees serving agricultural equipment dealers in nine states.
Eplus3D won a large order for three sets of EP-M650 quad-laser metal powder bed fusion machines, to be delivered to an aerospace company. The total order amount is $4 million.
CoorsTek, an engineered ceramics manufacturer, is announcing an additional $9 million expansion of its manufacturing footprint in Benton, Arkansas, adding 50 new positions. This follows a $26 million building expansion completed in 2020 for aerospace and defense markets.
Great Plains Manufacturing, a subsidiary of Kubota Tractor Corporation, has entered into a contract to purchase a 750,000-square-foot building in Salina, Kansas, to house production of compact track loaders. The facility will become the North American center for construction equipment manufacturing and a global R&D design center for CTLs.
Norrhydro Oy will build a roughly €15 million factory in Rovaniemi's new industry area, doubling production capacity over time and creating over 100 jobs; construction starts May 2021 with relocation in 2022.
IHM, a company of the Stefanini Group, acquired the remaining 20% of Acsa, a mechanical company that produces electrical panels and structures for electrocentros. The acquisition integrates Acsa fully into IHM's new production center in Contagem, Brazil.
SL Plastics (SL Precision Engineers Ltd) has taken delivery of a new CNC router and bought another CNC lathe, which will be the first machine in its new factory at the end of next month in Thetford, Norfolk, UK.
AC Hydraulic, a Danish manufacturer of workshop lifts, is expanding production by building a new high-bay warehouse and technology center in Viborg, Denmark, to address space shortages and future-proof logistics and product development.
Oerlikon has signed an agreement to acquire Italy-headquartered INglass S.p.A. and its HRSflow hot runner systems business, expanding its polymer processing solutions; completion is expected in Q2 2021.
FISCHER Spindle Group agreed a global cooperation between its FISCHER Fuel Cell Compressor AG unit and Weichai Power to pursue global technology leadership in turbo compressors for fuel cells. The deal was advised by Oaklins.
Brazilian compressor maker Schulz plans to invest over R$150 million this year to expand product range and production capacity at its Joinville units, Schulz Automotiva and Schulz Compressores. Work includes new Industry 4.0 machinery, expanded production lines and a new electric motor and aluminium casting area.
Voith Paper won an order from Modern Karton to build and deliver a complete high-speed PM 6 paper machine for recovered corrugated containerboard base paper in Turkey. The line will produce up to 640,000 metric tons per year.