PFF Group invested over £2m in custom-built machines from Hanbury-Autogil and hired 100 staff at its Washington, Tyne and Wear site to make disposable polythene aprons under a UK Department of Health and Social Care contract for 360 million aprons. The announcement is dated 5 January 2021.
Four gas compressor parts and services companies, H&S Valve, Ignition System and Control (ISC), Global Compressor and Potemkin Industries, combined to form Global Compression Services, operating from 11 locations serving US shale plays.
Aero Precision, a firearms parts manufacturer, plans to relocate from Tacoma to a 268,000-square-foot facility in Lakewood Industrial Park, consolidating seven buildings into one and adding 60-100 jobs.
Jasper Lumber Co. and Canada's Tolko Industries Ltd. have formed a partnership to expand lumber production at a sawmill in Jasper, Alabama, through a $45 million project. The investment will triple capacity and create at least 60 jobs, with plans for new facilities and machinery.
L&T Hydrocarbon Engineering (LTHE) has bagged two EPCC contracts from HPCL Rajasthan Refinery Ltd: a mega contract worth over Rs 7,000 crore for a Dual Feed Cracker Unit, and a large contract worth Rs 2,500-5,000 crore for a Petrochemical Fluidised Catalytic Cracking unit, both at Barmer, Rajasthan.
Prevas AB completed the acquisition of Evotech, Tritech Technology AB, Deva Mecaneyes AB and FiloProcess Holding AB for approximately SEK 270 million on January 4, 2021.
Vandewiele agreed to acquire Savio Group, a company in the yarn finishing sector, from private equity firm Alpha. Financial terms were not disclosed.
Jiangsu Huadong Paper Machinery Co. signed a contract in 2021 to supply a 5600/800 coated food cardboard machine to Henan Xinya New Technology Packaging Material Co.
GROB completed a new production plant in Pianezza, Italy, with 4,800 m² of production area (tripled), combining universal machining and electromobility divisions. Investment was approximately €10 million, with plans to double workforce to 150.
Heli Industrial Vehicles (Panjin) Co., Ltd. began construction of a new energy forklift production line in January 2021 with a total investment of 45 million yuan. The line is expected to reach mass production by December 2023 with a capacity of 5,000 units per year by 2025.
Eisengießerei Baumgarte GmbH acquired 100% of the shares of Eisengießerei Karlshütte GmbH in Bünde/Ahle, Germany, effective retroactively from January 1, 2021. The acquisition strengthens Baumgarte's foundry operations in Bielefeld.
Arburg has acquired AMK Arnold Müller GmbH & Co. KG, including its Drives & Automation division, effective January 1, 2021. The company will operate as AMK motion GmbH + Co KG.
Strohm (formerly Airborne Oil & Gas) was appointed by Subsea 7 to design, manufacture and deliver two thermoplastic composite pipe jumper spools for the Woodside Julimar project offshore Western Australia.
Siemens and Ingersoll Machine Tools expanded their decade-long partnership to support Ingersoll's digital journey, including creating digital twins and expanding into new markets for additive manufacturing.
GWS Tool Group announced the acquisition of STF Precision, a manufacturer of precision cutting tools including PCD, SCD and CBN tools, located in Arden, North Carolina. This was GWS's third add-on acquisition in 2020.
Chandlers (Farm Equipment) Ltd agreed to purchase the agricultural business of Lister Wilder, expanding its Massey Ferguson, Fendt and Valtra franchise territory. Lister Wilder will focus on Kubota agricultural, groundscare and construction equipment.
Doosan Bobcat broke ground on a new plant in Salinas Victoria, Nuevo León, with a $300 million investment, creating 800 jobs, and expected to start operations in 2026.
Infinity Machine & Engineering completed an 8,900 square meter expansion of its Green Bay facility in 2020, increasing manufacturing capacity. The company has also quadrupled machine sales to European tissue plants since 2017.
Zoomlion held a ceremony for the rollout of the first Zhongda medium and large excavator at its Mining Machinery Park in Zhonglian Smart Industry City, marking a milestone for its 30 billion-class excavator sector.
Zoomlion's smart industrial city in Changsha, China, will complete installation and commissioning of its medium-large excavator assembly line and produce the first excavators on December 31, 2020. The excavator park has an annual capacity of 50,000 units and annual output value of 30 billion yuan.
Wajax Corporation agreed to acquire all shares of Tundra Process Solutions, an Alberta industrial maintenance and process equipment distributor, for total consideration of $99.1 million, paid in cash and shares. Closing is expected early in Q1 2021, subject to approvals.
FLSmidth agreed to sell its Germany-based Möller (FLSmidth Hamburg GmbH) pneumatic conveying systems business to French group REEL. The agreement was signed on 29 December 2020 and the terms are confidential.
Yaskawa Electric Corporation held a groundbreaking ceremony on December 29, 2020 for Yaskawa (Changzhou) Mechatronics System in Wujin High-tech Zone, Changzhou, with a total investment of over $100 million. The new facility will integrate R&D and production of servo motors, controllers and other products.
ŽOS Zvolen won two contracts from České dráhy: a €10 million contract to modernize 12 Stadler GTW 646 units by December 2021, and a €8.4 million five-year contract for major repairs of 13 diesel-electric locomotives of the 754 series.
Han's Laser announced on December 29, 2020, that it has received a notification of winning bids from CATL and its subsidiaries for lithium battery production equipment totaling 1.194 billion yuan.
Switzerland's Evoco AG acquired six subsidiaries of Gesco AG, including Frank Walz-und Schmiedetechnik GmbH, Europe's leading manufacturer of wear parts for agricultural technology, and four companies from the mobility technology segment. The combined turnover of the acquired companies was EUR 100 million in 2019.
ChTPZ Group began a project in September 2020 to modernize the crane fleet at Pervouralsk New Pipe Plant (PNTZ), investing about RUB 300 million to commission approximately 25 new overhead cranes by 2025. Two new cranes have been commissioned and five modernized so far.
REEL International SAS has signed an agreement to acquire Metso Outotec Oyj's aluminium business, which includes green anode plant, anode rodshop and casting equipment technologies. The value is not disclosed.
Promess, a Michigan maker of sensing and motion control equipment, bought a 45,000-square-foot facility on Lochlin Drive in Green Oak Township and plans to move its Brighton manufacturing there by end of March, with a $4-5 million investment and about 20 new jobs.
The SCHLEIFRING Group, a subsidiary of Wegmann Group, has acquired Electro-Miniatures Corporation (EMC), a manufacturer of slip ring assemblies headquartered in Moonachie, New Jersey. Terms were not disclosed.
Shaanxi Fast Auto Drive Group ordered machining centers from Grob worth over €20 million. The new centers will help increase Shaanxi Fast's annual production capacity of automatic transmissions from 40,000 to 200,000 units.
Anhui Anhuang Machinery Co. Ltd. ordered a fully automatic 25-MN closed-die forging line from SMS group to manufacture automotive pistons. The line includes an MP 2500 eccentric forging press and an induction-heating system.
Kaiser has been selected as the general contractor for Makino's new factory project in Wuhan, China. The 49,854 m² factory is expected to be completed in about one year.
Prodrive Automotive Technology (Europe) Ltd has been awarded a contract worth £3,308,752 to manufacture high-speed automated LFT cassette assembly and pick and place equipment. The contract starts on 24 December 2020.
Barron Industries has installed a Doosan DVF 5000 vertical 5-axis machining center and a FARO Quantum S 7-axis laser probe scanner at its facility in Michigan to enhance production of complex aluminum aerospace components.
As a result of the decision to close the Tidaholm factory, Nobia will record write-downs of approximately SEK 149 million in machinery and buildings, and incur other associated costs of approximately SEK 130 million.
Nobia is continuing preparations for a highly automated production plant in Jönköping, Sweden, with machinery investments of approximately SEK 2 billion. The factory is expected to be fully operational by 2024.
Alstom completed five years since winning a €3.5 billion contract from Indian Railways to supply 800 electric locomotives of 12,000 HP. A joint venture set up a manufacturing facility in Madhepura, Bihar, with a production capacity of 120 locomotives per annum. 50 locomotives have been delivered so far.
Palfinger is negotiating to sell its 7.5% stake in Sany Automobile Hoisting Machinery back to Sany, in exchange for Sany Germany selling its 7.5% stake in Palfinger, with no impact on their joint ventures.
The Timken Company announced the start of production at its new manufacturing facility in San Jose Iturbide, Mexico, which manufactures tapered roller bearings using advanced automation and manufacturing technologies.
An affiliate of Core Industrial Partners, Incodema Holdings LLC, acquired Dahlquist Machine, Inc., a provider of precision machined components for medical and instrumentation end markets, headquartered in Ham Lake, Minnesota.
ESAB and Yaskawa signed a global cooperation agreement to jointly develop and market a line of pre-engineered robotic welding systems called XCellerator. Yaskawa will engineer and build the systems, and ESAB will market them.
Bombardier Transportation signed a contract with TransLink for 205 new rail cars for Vancouver's SkyTrain network, valued at $721 million CAD ($565 million USD). The cars will be designed, assembled and tested in Canada.
Martinus Rail won a $48 million contract to supply and install rail, slab track, ballasted track, rigid overhead conductor bar and overhead line equipment for the City Rail Link in Auckland, New Zealand. Works are expected to last two years from early 2021.
Kalmar, part of Cargotec, plans to transfer part of its crane engineering operations in China to engineering company Etteplan under a long-term agreement. Approximately 70 Kalmar engineering employees in China are expected to move to Etteplan, effective 1 January 2021.
PIA Automation Austria received new orders totaling mid-double-digit million euros: two axle drive production lines from a German premium car manufacturer and an assembly line for e-transmissions from a North American tier-1 automotive supplier.
Anhui Anhuang Machinery Co., Ltd. placed an order with SMS group for a fully automatic 25-MN closed-die forging line for pistons, including an induction heating system. The line will be China's first fully automatic forging line for flash-free forged pistons.
Ningbo Beilun Rhong Machinery Factory Manufacturing Co., Ltd. announced it will increase production capacity for plastic ancillary equipment including hopper dryers, vacuum auto-loaders, mixers, granulators, and other products. The company purchased new drill press machines.
Machine tool maker Eltek Korea signed a 12.1 billion won investment agreement with Okcheon County to build a factory in Okcheon Techno Valley, Chungbuk, by 2025, and to relocate its headquarters and plant from Geumsan.
MODIG delivered the first RigiMill Moving Table to ASCO Industries for precision finishing of titanium military airplane parts. The machine was developed with local partner Gima Machines.