Zoomlion Heavy Industry Science & Technology Co., Ltd. inaugurated its East China Smart Manufacturing Base in a ceremony, with a total investment of CNY 2 billion, covering 143 mu, and an annual output value of CNY 4 billion, producing tower cranes.
Henan Liyue Machinery Equipment Co., Ltd. opened its second factory on November 26, 2020, adding 30,000 sq. m. of factory space and 2,000 sq. m. of office space to meet customer demand for cranes.
Etnyre International Ltd. acquired SMF Inc., a heavy metal fabrication and machining company with locations in Minonk, Illinois and Anderson, South Carolina. The acquisition was announced on 2020-11-26.
Aktsiaselts Barrus awarded a EUR 1,364,537 contract to System TM A/S for the purchase of an additional finger jointing line with automatic and manual infeed and automatic stacker. The award was made on November 26, 2020.
Yanmar Holdings Co., Ltd. completed the acquisition of Solis Traktör Sanayi A.Ş., a tractor factory in Izmir, Turkey, from International Tractor Limited (ITL). Yanmar will continue producing Solis-branded tractors and plans to produce Yanmar-branded tractors in the future.
SeaTac Packaging has taken delivery of a BOBST EXPERT CI wide-web flexo press, installed at its new Tacoma, Washington facility as part of a multi-million-dollar investment that created new jobs.
Kaeser Compressors is expanding its Boisbriand site near Montréal, boosting warehousing capacity by 50% as part of Industry 4.0 investments in compressed air technology.
John Deere plans to hire 100 new employees at its Mannheim, Germany plant, where it expects to build over 30,000 tractors in fiscal year 2020/21.
Kölner Verkehrs-Betriebe (KVB) has signed a contract with a consortium of Alstom and Kiepe Electric for the supply of 64 low-floor Citadis trams adapted for the German market, valued at €363 million. Alstom's share is 60%.
Paramit Corporation has acquired Emphysys, Inc., a technology development firm specializing in complex systems for medical device, life sciences, and industrial equipment industries. Emphysys is based near Boston, Massachusetts.
Deritend Group has been named a preferred supplier to global outsourcing specialist IESA in a deal worth up to £1 million per year, covering motor and gearbox repair and replacement services.
Husqvarna Group's Construction Division has signed an agreement to acquire Blastrac, a provider of surface preparation technologies, with net sales of approximately SEK 600 million and 380 employees globally. The acquisition is expected to close by the end of 2020, subject to regulatory approval.
SIA Ventspils ventilatoru rūpnīca (Ventspils Fan Factory) has received EUR 210,000 in funding from Luminor to purchase two new pieces of equipment for metal cutting and folding, with a total cost of EUR 259,000. The investment aims to increase production capacity and expand cooperation with customers.
Sangsang Industry signed a contract worth 11 billion won with a major domestic shipyard to manufacture LNG ship system temporary structures (footings) for export.
Ivchenko-Progress, a Ukrainian aerospace engine design bureau, ordered a five-axis high-productivity machining center VERSA 645 linear from Swiss company Alfleth Engineering AG for UAH 19.22 million, to be delivered in March 2021 for manufacturing titanium aircraft engine parts.
CubicFarm Systems Corp. announced a C$2.8 million sale of 16 automated growing machines to Aright Greentech Canada Ltd. for installation in Abbotsford, British Columbia by August 2021.
De'Longhi has reached a definitive agreement to acquire Capital Brands Holdings Inc., owner of the Nutribullet and Magic Bullet brands, from affiliates of Centre Lane Partners. Capital Brands forecasts net revenues of approximately $290 million for 2020.
Leicester-based precision engineering firm JWA Tooling has invested in a Yamazaki Mazak CV5-500 simultaneous 5-axis machining centre, built in the UK, to expand its production capacity.
ANDRITZ received an order from Zouping Hongfa Aluminium, part of Weiqiao Aluminum Group, for one melting and holding furnace cell at its Shandong Province plant. Start-up is scheduled for the first quarter of 2022.
Bomag (Bomag) opened a new production base in Changzhou, China, on November 22, 2020. The facility, its second-largest globally, represents a $70 million investment, covers 155 mu (about 10.3 hectares), has 19 production lines, and will produce rollers, pavers, milling machines, and light equipment with an annual capacity of 15,000 units.
BEL Engineering, part of British Engines Group, has invested in a new Hermle C 62 UMT 5-axis machining centre to extend its capacity for aerospace engine parts production.
Teco Electric and Machinery Co and Walsin Lihwa Corp announced a strategic alliance through a share exchange. Teco will issue 171.1 million new shares and Walsin 205.33 million new shares, with a swap ratio of one Walsin share per 0.83 Teco shares. After the transaction, Teco will hold a 6.37% stake in Walsin and Walsin an 8% stake in Teco.
Command Alkon acquired Libra Systems, a provider of materials production and asset management solutions for the aggregate, asphalt and concrete industries. Libra Systems is now a wholly-owned subsidiary of Command Alkon.
GEA has supplied its Consigma 4.0 continuous manufacturing equipment to Janssen Pharmaceuticals in Beerse, Belgium, for tablet production.
SMT Swedturn, Storebro Machine Tools, and SMT-Abene are merging under the umbrella Swedish Machine Tool Company to scale up machine tool production in Sweden. A new production site will be established in Främmestad, and a new series of milling machines for the German market will launch in fall 2021.
Electrolux is building a new $300 million facility in Anderson, South Carolina, which will feature new technology and automation. The existing facility will convert to a warehouse once operations are moved. The new facility is expected to be operational in mid-2021 and will produce about 2 million units per year at full capacity.
Mahindra Group will invest an additional Rs 100 crore in its Zaheerabad, Telangana plant to manufacture the new K2 series of tractors, doubling the workforce to 3,000 by 2024.
ABB announced plans to sell its Dodge mechanical power transmission division, along with Turbocharging and Power Conversion divisions, following a strategic portfolio review. The three divisions represent about $1.75bn in combined annual revenues.
Neuman & Esser (NEA Group) acquired Brazil's HYTRON Energy & Gas on 19 November 2020. HYTRON, based in Sumaré, São Paulo, provides engineering and system integration for PEM and alkaline electrolysers and gas reformers and is integrated into NEA Energy Solutions.
Linde and the Dalian Bingshan Group signed an agreement to establish a joint venture manufacturing hydrogen refueling stations in Dalian, Liaoning, starting in 2021, tripling Linde's production capacity for these stations.
Larsen & Toubro secured an order to supply 46 units of Komatsu mining equipment to Tata Steel, including 41 dump trucks, 3 wheel loaders, and 2 crawler dozers, with a full maintenance contract for 60,000 hours. 26 units will be deployed at Tata Steel's iron ore mines in Odisha and 20 at coal mines in Jharkhand.
ABB won a $35.6 million AUD contract to supply water-cooled variable speed drives and high voltage induction motors for Fortescue's Iron Bridge Magnetite Project in the Pilbara, Western Australia. The project is expected to be completed in the first half of 2022.
Packaging equipment manufacturer Viking Masek is expanding its Oostburg, Wisconsin facility to double production. It is the third expansion of the site in five years, reported on December 1, 2020.
Brembo Group has agreed to acquire SBS Friction A/S, a manufacturer of brake parts and friction technology, from SBS Group. The acquisition includes the headquarters and production facility in Svendborg, Denmark, with approximately 100 employees.
Camfil Air Pollution Control (APC) announces construction of a new manufacturing facility in Jonesboro, Arkansas, to replace its previous building destroyed by a tornado. The target completion date is early 2022.
ESAB Group Inc. and Yaskawa signed a global cooperation agreement on November 5, 2020, to jointly develop and market a line of pre-engineered robotic welding systems called XCellerator. The systems will be engineered and built by Yaskawa and marketed by ESAB.
MOBILTEX has moved to a new 18,500-square-foot headquarters in the Airport Crossing Industrial Park in Calgary, Alberta, to accommodate growth and optimize manufacturing with lean processes and LEED specifications.
UAE-based Immensa Technology Labs acquired two Saudi 3D printing companies, Shakl3D and LayLabs, to expand into the Saudi market and create the largest 3D printing platform in the region.
Mahindra & Mahindra announced it will manufacture the new K2 tractor series exclusively at its Zaheerabad facility in Telangana. The program involves incremental investments of Rs 100 crore and is expected to double employment at the plant by 2024.
Rockwell Automation has entered into an agreement to acquire Fiix, a cloud-based CMMS company headquartered in Toronto, Canada. The acquisition aims to enhance Rockwell's software and lifecycle services capabilities.
IPS, a North American leader in electric motor and generator repair, acquired Tesco Industries, the electric motor repair division of Tesco Group in Regina, Saskatchewan. The deal expands IPS's service coverage in Central Canada.
ABB has won an order worth around $150 million to supply Azipod electric propulsion and related power technologies for five newbuild cruise ships for Fincantieri. The vessels, with 178 MW total propulsion power, will enter service between 2023 and 2026.
Mitutoyo's new Kochi plant in Konan, Kochi Prefecture, started operations in November 2022, with a floor area about 3.6 times larger than the old plant, aiming to become the world's top micrometer head production facility.
Channellock Inc. completed a 34,000 square-foot expansion of its Meadville plant, adding production capacity, distribution space and new machinery to address growing demand.
Primetals Technologies selected Rockwell Automation to supply a drive solution for a dust extraction system at a large steel producer in Russia, including ten Allen-Bradley PowerFlex 6000 medium-voltage drives and ten WEG motors with a total power of 16 MW.
Amplio Automatika Kft. carried out a capacity expansion investment at its Székesfehérvár unit, costing HUF 929.35 million with EU subsidy support, securing 37 jobs.
Reiloy USA, part of the Reifenhäuser Group, plans to invest over $20 million in a new manufacturing plant in Maize, Kansas, creating 39 jobs over five years. The new building will be on a 13-acre site near its current headquarters.
Fincantieri and SICI SGR will acquire INSO, a company specializing in construction projects and technology supply for healthcare, industry, and tertiary sectors.
Forum Plastics purchased and installed 10 new molding machines in 2020, including Arburg models, to expand capacity and capabilities at its Watertown, Connecticut facility.
Heddle Shipyards entered into a long-term agreement with Seaspan to fabricate Ontario-made ship components (ladders, gratings, handrails) for the National Shipbuilding Strategy. The project will generate tens of millions of dollars in economic activity and employ at least 50 workers.