Lane Supply Holdings, the Denver-based industrial distributor, announced the acquisition of Palmetto Compressors, Inc. and Fountain Inn Mechanical, Inc., expanding its compressed air business into the Southeast US on January 19, 2021.
Bender CCP and Unico Mechanical completed the acquisition of Accurate Machine and Tool (AMT) of Corona, California, to expand in-place field services and turbine overhaul capabilities for the power generation industry.
Turkish company PMS Aluminium selected Danieli Breda to supply a 40-MN front-loading extrusion press for its facility in Bursa, Turkey. The press will broaden its product portfolio for the automotive industry with aluminium hard-alloy profiles. Commissioning is planned for autumn 2021.
Valmet will supply a new OptiConcept M container board making line (PM 53) to Shanying Paper at its Zhaoqing mill in Guangdong, China. The line will produce test liner grades and is scheduled to start up in Q1 2022.
Econ Engineering added a new production line at its North Yorkshire manufacturing hub to increase production of hotbox road repair vehicles, creating nine new jobs. The company can now manufacture over 100 hotboxes per year, a 30% increase from two years ago.
ANDRITZ merged ANDRITZ ASKO Inc., ANDRITZ ASKO BV, ANDRITZ Herr-Voss Stamco Inc. and ANDRITZ Metals Inc. into ANDRITZ Metals USA Inc., renamed ANDRITZ Sundwig GmbH to ANDRITZ Metals Germany GmbH, and renamed ANDRITZ Selas SAS to ANDRITZ Metals France SAS as part of a global restructuring initiative.
Netzsch Pumpen & Systeme plans a new production hall with office units at its Waldkraiburg site, consolidating three local plants into a campus. Groundbreaking was planned for the first quarter of 2021.
Renqiu Liyang Compressor Manufacturing has received government filing and land approval for a new CNY 200 million plant on 52.7 mu in Renqiu Economic Development Zone, Cangzhou, Hebei. The plant is designed to produce 30,000 compressors a year.
XCMG Construction Machinery (XCMG Jianji) is building a new intelligent manufacturing base in Foshan, Guangdong province, with an investment of 2 billion yuan (approx. $310 million). The facility will produce tower cranes and construction hoists, with an annual capacity of over 5,000 units and expected annual revenue of 2.5 billion yuan.
XCMG held the groundbreaking ceremony for its Guangdong XCMG Intelligent Manufacturing Base in Danzao Town, Nanhai District, Foshan on January 16, 2021. The project involves a total investment of 2 billion yuan and will produce tower cranes and construction hoists, with annual capacity exceeding 5,000 units and annual sales revenue of 2.5 billion yuan.
Drekan-Group finalized the takeover of EMG-EMCO, a specialist in exciters and permanent magnet generators for synchronous machines, located near Sens, France. EMG employs around ten people and operates a winding workshop.
Phase Technologies LLC relocated its entire operations into a 225,000-square-foot manufacturing and distribution space in Rapid City, South Dakota, in mid-January 2021, expanding production capabilities and becoming more vertically integrated.
Hanover Partners and Centerfield Capital Partners purchased Ska Fabricating, a manufacturer of packaging machinery for beverage canning lines, headquartered in Durango, Colorado. The founders retain ownership and management roles.
Tong Engineering is proceeding with the second phase of its new factory in Spilsby, Lincolnshire, with an investment comparable to the £3.6 million first phase. The new building will be identical in size and is expected to be completed in autumn 2021.
FLSmidth announced it is in non-binding negotiations to acquire thyssenkrupp's mining business. The deal would be subject to regulatory approvals and no assurances were given.
Roscomac added a Matsuura MX-520 PC4 5-axis, 4-pallet machine to its fleet, continuing a multi-million pound investment in automated machining.
CMZ Group is building a new machining plant called Neoprec in Mallabia, Spain, with an investment of 17 million euros. The plant will specialize in medium and small parts and is expected to start production in the second half of 2021, increasing capacity to 800 machines per year.
Jinan Jingpeng CNC Machinery Co., Ltd. sold a JPMX-303SK CNC 3-in-1 busbar processing machine to a customer in Saudi Arabia.
Danfoss completed the full acquisition of Artemis Intelligent Power, an Edinburgh-based hydraulic R&D company. The deal lets Danfoss commercialize its Digital Displacement pump technology globally, and about 60 employees joined Danfoss.
Suzhou SLAC Precision Equipment has tentatively agreed a deal worth up to US$80 million to supply canmaking and end-making lines to Ardagh.
Thermex-Thermatron Systems has acquired Jacksonville, Fla.-based JTE Machines, a designer and manufacturer of RF, impulse and ultrasonic sealers and distributor of industrial fabric cutting machines.
KDT-WDMAX Group built a new production capacity in China's Guangzhou economic development zone. The first manufacturing line was commissioned in October 2020, and two more lines will start operations at the end of January 2021.
ANDRITZ received an order from thyssenkrupp rothe erde (Xuzhou) Ring Mill Co., Ltd. to supply eight chamber forging furnaces for their plant in Xuzhou, China. Start-up is scheduled for the first quarter of 2022.
China Machinery Engineering Corporation (CMEC) will be absorbed by China Sumec Automobile Industry Consulting Development Co., Ltd., a subsidiary of Sinomach. H-share holders will receive HK$3.70 per share, a 45.1% premium, and CMEC will be delisted from the Hong Kong Stock Exchange.
DENIOS AG is expanding its production facility in Bad Oeynhausen, Germany, with a new 4,200-square-meter assembly and warehouse hall. The investment is in the mid-single-digit million euro range and includes a digital shifting rack warehouse for 4,660 pallet spaces. The hall is expected to begin operation in early 2022.
Element Elevators Inc. has been awarded a 3 Traction Elevator Modernization contract for the City of Toronto's 911 Dispatch Centre. The work includes retrofitting elevators with new controllers, machines, fixtures and cab interior.
Bharat Heavy Electricals (BHEL) has bagged an order worth Rs. 450 crore from National Aluminium Company (NALCO) for the fifth Stream Alumina Refinery Expansion Project at Damanjodi, Odisha. The scope includes design, engineering, manufacturing, supply, erection, testing and commissioning of a coal fired boiler and steam turbine generator.
Dutch company Boels Rental took over Scandinavian company Cramo at the beginning of 2021. The acquisition makes Boels one of Poland's largest rental players, with 29 branches operating under the name Boels Polska from January 5, 2021.
The Anhui Provincial State-owned Assets Supervision and Administration Commission (SASAC) will transfer 10% of the equity in Anhui Forklift Group Corporation, the controlling shareholder of Anhui Heli Co., Ltd., to the Anhui Provincial Finance Department.
Curt G. Joa, Inc. announced the acquisition of Italian manufacturer Cellulose Converting Solutions (CCS), a global leader in absorbent hygiene equipment.
Global tissue paper manufacturer Sofidel has officially opened its seventh U.S. plant in Inola, Oklahoma. The $360 million, 1.8 million-square-foot facility includes a paper mill and converting plant, producing 120,000 tons of tissue per year and employing 300 workers.
Midas Pattern Company, a UK polyurethane RIM moulding company, has taken delivery of a new Haas VF-11/40 machining centre at its factory in Bedford. The investment replaces an older machine and increases capacity.
Norway-based TMC Compressors won a contract to supply an offshore topside compressed air system, including three large compressors and a control system, for Shell's Bonga Main FPSO off Nigeria. The contract value was not disclosed.
Andersen Sterilizers commissioned a new Humidichip assembly machine at its manufacturing headquarters in Haw River, NC, which will increase production of the consumable by 400%. The machine was built and shipped over about 6 months.
L&T Precision Corp., a provider of machining and sheet metal fabrication services in Poway, California, was acquired by The Partner Companies of Chicago.
Starflex Bellows was awarded a contract by IndianOil's Barauni Refinery for procurement of bellow fabric for non-metallic expansion joints for HGU reformer duct, with a contract value of ₹8.44 lakh. The contract date is July 1, 2021.
Aumund France won a contract to supply bucket elevators and material feeders to Oyak Çimento's upcoming cement plant near Kribi, Cameroon. The plant is scheduled for commissioning in September 2022.
Pall Corporation is investing $114 million to expand production capacity at six existing facilities in Europe and the US, and build a new manufacturing facility in the US, focusing on single-use technology for biopharmaceuticals. The expansion is expected to add over 1,100 jobs globally through end of 2021.
Aumund France has received contracts to supply bulk material handling equipment, including bucket elevators and material feeders, for a new grinding station in Kribi, Cameroon, being built by thyssenkrupp for OYAK Çimento. Equipment will be supplied by end of February 2021, with production start in September 2022.
BYD Electronic (00285) entered into an asset purchase agreement with its controlling shareholder BYD Company (01211) to acquire assets including die-casting machines, machining centers, and six-axis robots for a total original procurement cost of approximately RMB 133 million.
Weichai Group officially completed the strategic reorganization of Lovol Heavy Industries, acquiring 60% equity and becoming the controlling shareholder, aiming to build a world-class agricultural equipment group.
Stertil-Koni announced its Stertil ALM facility in Streator, Illinois is on track to produce its 15,000th mobile column lift this year, following a multi-year plant expansion that added 36,000 sq. ft. of production space.
Time Manufacturing Company agreed to acquire Ruthmann, a German manufacturer of aerial work platforms, including the Ruthmann, Steiger, Ecoline, and Bluelift brands. The transaction is subject to regulatory clearance and expected to close in Q1 2021.
Hyundai Robotics signed a deal with Samsung Engineering for the construction of a Smart Piping Shop and automation of steel frame manufacturing for plant construction.
Tianshui Spark Machine Tool Co., Ltd. won a bid to supply one heavy-duty CNC horizontal lathe to Lanzhou University of Technology Alloy Powder Co., Ltd. for 1.87 million yuan, with delivery in 180 days.
Simmons Machine Tool Corporation has established the Niles Technical Application Center at its Albany, New York facility to offer Niles-Simmons precision CNC machining centers to North American customers. The center will target aerospace, defense, railway and machinery manufacturing industries.
The UK Department of Health and Social Care awarded a £2,005,700 supply contract to Adreco Limited for injection moulding tooling to manufacture plastic components for Lateral Flow Tests.
Esina Holding Corporation acquired U.S. Industrial Tool & Supply Company and Arvan, Inc. on January 5, 2021. Terms were not disclosed.
Walter Surface Technologies acquired Drillco and Triumph Twist Drill, providers of metal cutting tools. Both companies will continue to operate under their own brands.
PCI-SCEMM, a French machine tool manufacturer, won a €6 million contract in July 2020 to supply four machining centers and auxiliary equipment to PCMA, a PSA joint venture in Kaluga, Russia, for engine block production.