Time Manufacturing Company completed the purchase of the Ruthmann Group, merging Ruthmann and Versalift brands. Ruthmann GmbH & Co. KG and Ruthmann Finance GmbH & Co. KG were merged into Ruthmann Holdings GmbH.
Valmet will supply a third Advantage DCT 200 tissue line, including stock preparation and automation, to Aktül Kagit's mill in Pamukova, Sakarya Province, Turkey, with start-up planned for Q2 2022.
Durst Group S.p.A. merged Aleph S.r.l. into itself, effective 1 December 2025, consolidating the group's digital printing operations.
Munters Group AB will invest $36 million in a 365,000 sq ft facility at Botetourt Center at Greenfield, Virginia, to replace its Buena Vista plant. The company plans to retain its approximately 200 workers.
Weichai Power, through its Luxembourg subsidiary, acquired 49 per cent of Swiss firm Fischer Fuel Cell Compressor AG and set up a joint venture in China in which both will hold shares. The deal was announced on 25 March 2021.
Vericor Power Systems and Atlas Copco Gas and Process entered into an agreement to use Vericor's gas-driven turbines to power Atlas Copco's integrally geared centrifugal compressors, targeting the gas compression market.
Komline-Sanderson acquired Barnes International, an Illinois-based manufacturer of coolant filtration equipment, to expand its filtration offerings and production capacity.
TMC Compressors has been contracted to supply a large marine compressed air system for the FPSO Anita Garibaldi, which will operate at the Marlim field in the Campos basin offshore Brazil; contract value was not disclosed.
RAFAMET S.A. signed a contract to supply two UGE 180 N underfloor wheel lathes and one 3 RS rail-road shunting trolley to Budapest, Hungary, for tram and metro workshops. Delivery is within 10-12 months.
Flexitron Group, a Spanish IoT holding, acquired Webdyn, a specialist in energy and environment IoT solutions, from Kreaxi and Trophy Investissement.
Sulzer is launching a major investment project to digitalize and automate assembly, test bed and painting processes at its Kotka factory in Finland, including a new 5,300 m² logistics center, to improve productivity and shorten lead times.
The US Navy's Navfacsyscom Southwest office posted a sole-source justification for Gardner Denver air compressor systems to replace earthquake-damaged equipment at Naval Air Weapons Station China Lake, California.
REP Holding has shipped 15 sets of centrifugal compressors from its Nevsky plant under a contract with NPO Iskra, for gas-turbine compressor units serving Gazprom Dobycha Urengoy fields.
Wanhua Machinery ordered two turnkey press hardening lines from AP&T for its new facilities in Wuxi, China. The first line became operational in October 2019 and the second in 2020.
Knorr-Bremse is enlarging its Dalian plant in China with a new investment to meet booming demand. A new 23,000 m² plant on a 40,000 m² site will replace existing factories, integrating manufacturing, R&D and testing, and creating 300 new jobs. Groundbreaking is scheduled for June 2021, with start of production in December 2022.
AVEVA, a global leader in engineering and industrial software, announced the successful completion of the acquisition of OSIsoft. In connection with the completion, 13,655,570 ordinary shares were issued to Estudillo Holdings LLC, which now holds a 4.5% stake in AVEVA.
Bobcat announced that its first new compact wheel loader, the L85 model, is now in full production at its plant in Dobris, Czech Republic. An additional fourth production line with capacity of about 1000 machines per year was built, representing an investment of over one million Euro.
The European Commission approved Danfoss's $3.3 billion acquisition of Eaton's hydraulics business, conditional on Danfoss selling plants in Wroclaw, Poland; Parchim, Germany; and Hopkinsville, Kentucky, and committing to technology transfers.
Haitian Group held the groundbreaking ceremony for a Smart Factory in Shunde County, near Foshan City, Guangdong Province. The total investment is nearly RMB 10 billion, and the facility will focus on advanced component and machinery manufacturing.
LVD has delivered three large PPEB-H press brakes (two 2000-ton and one 3000-ton) to Sany Heavy Industry in China, the largest project in LVD's history. Two machines are in production, the third starts in April 2021.
TRUMPF has acquired Lantek, a Spanish software specialist for sheet metal processing, to expand its software business and offer open, manufacturer-independent solutions. Lantek will continue to operate under its own name.
France Elévateur has acquired 100% of the equity in Talleres Velilla, which trades as Movex, a Spanish vehicle-mounted lift manufacturer based in La Garriga, Barcelona. The acquisition adds production capacity and expands geographic coverage.
The European Commission approved Danfoss' $3.3 billion acquisition of Eaton's hydraulics business, conditional on Danfoss keeping commitments made to address competition concerns in mobile hydraulic components.
Zoomlion signed an order with a Turkish crane leasing company for a ZCC32000W 2000-ton crawler crane and a ZCC9800W crane, valued at over CNY 100 million (USD 15.3 million). This is the largest tonnage crane exported from China.
Mayr France, a subsidiary of the German Mayr group, invested over EUR 80,000 in a new machine tool for series machining at its plant in Bully-les-Mines, France, to increase production capacity. This follows a EUR 120,000 investment in a test bench in December 2020.
The Australian Department of Defence awarded a contract to PPT Industrial Machines LLC for industrial process machinery and equipment, valued at $443,415.98, awarded on 16 March 2021.
Isuzu Motors SA provided R485,000 through an enterprise development grant to Smith Capital Equipment to develop and manufacture the SLT 180 telescopic aerial platform (cherry picker) locally, with a prototype expected by end of 2021.
GOEBEL IMS completed installation of a MONOSLIT GIANT slitter rewinder at Yongguan Group's new industrial site for eco-friendly adhesive BOPP film tape, part of a €125 million investment plan with four production lines.
Bühler Group and Balaguer Rolls signed a collaboration agreement to design and supply SmartRolls and services for grain processing, integrating Balaguer's optical roll measurement technology with Bühler Insights.
GMM Pfaudler emerged as the successful bidder to acquire assets of HDO Technologies Ltd, including land, building, plant and machinery, for ₹58.46 crore. The acquisition will enhance capacity in heavy engineering.
Hexagon Agility and Hexagon Purus, subsidiaries of Hexagon Composites, signed a multi-year agreement with Certarus worth up to USD 85 million for CNG and hydrogen distribution modules and fuel storage systems. Initial orders are USD 18.5 million for Hexagon Agility and USD 3.2 million for Hexagon Purus.
Palfinger has sold its Norwegian lifeboat manufacturing operation in Ølve via a Management Buy Out.
Komatsu completed construction of a new Reman (remanufacturing) plant on the head office campus of Komatsu Africa Holdings in Johannesburg, South Africa. The plant remanufactures key components for customers in Southern Africa.
Luxfer Gas Cylinders acquired Structural Composites Industries, a North American composite cylinder manufacturer based in Pomona, California. The acquisition strengthens Luxfer's composite cylinder offering for alternative fuels and aerospace.
Biesse Group has agreed to sell its subsidiary Dongguan Korex Machinery Co. LTD in Dongguan, China, for CNY 183.5 million (EUR 22.5 million). The deal is expected to close by mid-March 2021.
Amec Foster Wheeler shareholders voted to approve the recommended all-share offer by John Wood Group PLC, with over 99% of votes in favor. Completion remains subject to regulatory approval and court sanction.
Weber Holding GmbH acquired the Plauen and Roding plants of insolvent Schweizer Group Global. The transfer is intended for April 1, 2021, subject to conditions. Weber will retain all 110 jobs in Roding and 63 of 126 jobs in Plauen.
ENPLUS signed a contract with JROG Marketing of the Philippines to supply 126 fire dump trucks worth 23.85312 billion won, representing 59.10% of its recent revenue.
Swedish industrial company Prestando received its largest order ever, worth SEK 400 million, from German company JOST. The order will lead to investments at Prestando's factory in Trelleborg and the recruitment of about ten new employees. Prestando also placed an order with Andon Robotics for two automation cells.
ATS Automation Tooling Systems Inc. completed the acquisition of a 92.75% stake in CFT S.p.A. for €82.8 million. The tender offer was at €4.60 per share.
CarnaudMetalbox Engineering, a UK-based canmaking equipment specialist, expanded its production capacity with a new 150,000 square foot facility in Leeds, Yorkshire.
Hydrauvision, a supplier of hydraulic equipment, acquired Fundex Equipment, an OEM of foundation machines. Fundex Equipment will continue to operate largely independently.
Fasolex, a Polish bean and vegetable producer, installed an ELGi compressed air system to power a new bean sorting line at its plant in Sahryń, Poland. ELGi provided a turnkey solution including EG18 VFD and EG22 compressors.
Rio Tinto has signed an agreement to provide a first commercial batch of high-performance aluminium-scandium alloy from its North American operations to Amaero for 3D printing. The scandium oxide will be supplied from a new plant in Sorel-Tracy, Quebec.
Mno-DREK, LLC, a holding company formed by Mno-Bmadsen and DREK Holdings, has acquired Walerko Tool & Engineering Corporation of Elkhart, Indiana. Walerko provides CNC machining, castings, and other services to aerospace, construction, and other industries.
IA Bell and Company (Pty) Ltd has made a non-binding expression of interest to acquire the entire issued ordinary share capital of Bell Equipment Limited not already held, at an indicative offer price of R10 per share. The offer is subject to the Deere transaction becoming unconditional.
Jiangsu Shuangliang Cooling Systems, a wholly owned subsidiary of Shuangliang Energy, signed a contract with Hangzhou Steam Turbine to supply 6 sets of air cooler equipment and related services for CNY 78.4955 million. Delivery is due by October 1, 2021.
Webster Industries, an employee-owned manufacturer of conveyor chains and vibrating conveyors, has acquired Action Equipment Co., a maker of vibratory process equipment. Action will continue to operate under its own brand.
EnWave signed a royalty-bearing commercial license with a leading Illinois-based cannabis company to use its REV dehydration technology, and received an order for a 120kW REV machine and a 10kW unit.
Private equity firm Tinicum L.P. agreed to acquire a controlling interest in Watlow Electric Manufacturing Co., a designer and maker of industrial thermal systems technology. Financial terms were not disclosed.