voestalpine Böhler Welding and Afrox Ltd. have formed a joint venture, voestalpine Bohler Welding Africa Pty Ltd., to manufacture welding consumables. Afrox contributed its Brits factory and sold 51% to voestalpine Böhler Welding.
Interpump Group announced that the merger by incorporation of its wholly owned subsidiary Mariotti & Pecini, a maker of mixers and agitators, has taken effect. Interpump had bought 60% of the company in 2017 and later acquired the remaining 40%.
Kromek has entered into a development agreement worth up to $660k with a US-based industrial OEM to customize a CZT detector platform for contamination detection in production processes. The programme is scheduled for delivery during the current financial year, with an expected transition to a multi-year supply contract.
Champion Cutting Tool Corp. acquired the Mercer Industries business unit from Mercer Tool Corporation. The acquisition includes Mercer's second distribution center in California, and former Mercer Industries President Jim Wallick will join Champion as Global Director of Sales – Abrasives Division.
Mid-State Industrial Maintenance, a portfolio company of CenterGate Capital, acquired AZZ SMS, a boiler repair and maintenance services provider, from AZZ Inc. The business has approximately $35 million in annual revenue and operates in St. Petersburg, Florida.
Lufkin Industries completed its acquisition of Schlumberger's North American Land Rod Lift Business, a provider of rod lift products and services with brands including Don-Nan and Shores Lift Solutions.
FNSS has signed a contract with the Philippine Department of National Defense to provide Amphibious Armored Combat Earthmover (AACE) vehicles and logistic support. Deliveries and training are to be completed by end of March 2023.
Mitsubishi Power has announced a partnership with French metal powder manufacturer Aubert & Duval, receiving a license for powder composition and manufacturing know-how to begin full-scale production of metal powders for additive manufacturing.
Tolerans AB acquired HDD Sweden AB, a provider of high-density servo motors for machine industry applications, effective November 1, 2020.
IMCO Carbide Tool has joined the IMC Group, a global metalworking tools group.
Chiron Group acquired Mecatis, a company specializing in manufacturing solutions.
Orbitform, along with a group of investors, acquired C&B Machinery in Brighton, MI. C&B Machinery will remain a separate entity with its own staff and facility.
WINKEL GmbH is expanding its large assembly hall 3 in Illingen from 4,800 sqm to 7,300 sqm, with completion planned for spring 2021. The investment is over 4 million euros and will create new jobs.
Hydrauvision took over the IHC Fundex Equipment BV business unit from IHC IQIP on October 30, 2020. The business will continue as Fundex Equipment BV, expanding Hydrauvision's civil market presence.
Chandlers Farm Equipment will purchase the AGCO business of Lister Wilder, effective January 4, 2021. The deal includes the transfer of the entire AGCO team and long-term leases for existing branches.
Ritchie Bros. Auctioneers will acquire Rouse Services for approximately $275 million. Rouse provides data intelligence and performance benchmarking solutions for the industrial equipment industry.
VM Automotive is installing a Schuler laser blanking line at its facility in Berlin, near East London, Eastern Cape, South Africa, to cut blanks from sheet metal coils for car body parts.
John Deere Brasil invested $40 million to expand its factory in Indaiatuba, São Paulo, by 12,000 m² to start local production of three motor grader models (620G, 670G, 770G).
Chevron Lummus Global (CLG) was awarded a contract by PetroChina to supply ISOMIX-e reactor internals for two RDS units in Liaoning Province, China.
Holroyd Precision is preparing to ship a £1.4 million 3EX-R rotor milling machine to a leading Japanese refrigeration compressor manufacturer. The machine incorporates smart features including RFID tagging and IO-Link communication.
REP Holding will supply 12 sets of ЦБК405 centrifugal compressors for the second phase of the Power of Siberia gas pipeline, under a contract with Kazankompressormash for GPA-16U units, as announced on 30 October 2020.
Chevron Lummus Global was awarded a contract by PetroChina to supply its ISOMIX-e reactor internals for two RDS units in Liaoning Province, China, announced on 30 October 2020.
NPO Akonit opened a new plant in the Alabuga special economic zone in Tatarstan, Russia, to produce conveyor rollers and metal structures. The investment was 800 million rubles, and the plant has an annual capacity of 1 million conveyor rollers, creating 134 jobs.
Hexagon AB has signed an agreement to acquire DP Technology Corp, developer of the ESPRIT CAM software, for an undisclosed amount. DP Technology had 2019 sales of EUR 35 million.
Firefly Aerospace announced a commitment to purchase Automated Fiber Placement (AFP) Mongoose Hybrid systems from Ingersoll Machine Tools to automate composite rocket production. The first system will be installed in May 2021 at Firefly's Briggs, Texas facility, and a second at its Florida factory starting in 2022.
Sartorius is expanding its presence in Massachusetts with a 40,000-square-foot Customer Interaction Center in Marlborough, creating 100 jobs. First units open in early 2021.
The GINDUMAC Group received an order to market a 2011 KraussMaffei KM 5400-32000 MC injection moulding machine from a European automotive supplier. The machine was sold to an Indian manufacturer of plastic parts, with logistics organized by GINDUMAC.
The Carlyle Group agreed to acquire Flender GmbH, a mechanical and electrical drive technology maker, from Siemens AG. The deal is subject to regulatory approval, and Jeantet advised Carlyle on it.
Voith has been contracted by Domtar to deliver equipment and technical services for converting the paper machine at its Kingsport mill in Tennessee to recycled containerboard. The mill is expected to be complete in 2022 and will produce 600,000 tonnes of linerboard and corrugated medium per year.
Optomec delivered a new industrialized 3D Printed Electronics system to a major US healthcare manufacturer for volume production of a diagnostic medical device, fulfilling a $1 million contract.
Fives announced it has acquired assets and activities from Dufieux, a high-tech machine-tool designer and manufacturer, to strengthen its position as France's leading designer and manufacturer of machine-tools.
AGCO announced the nationalization of production of high-power tractors at its plant in General Rodríguez, Buenos Aires, for Massey Ferguson and Valtra lines, with an investment of nearly $1 million.
McKinley Paper will receive a $5 million state Local Economic Development Act grant to build a new boiler, water systems and wastewater treatment in McKinley County, New Mexico, retaining at least 125 jobs after its power supply closed.
Percival Scientific announced a $2 million expansion of its factory in Perry, Iowa, adding about 60% more production space (approximately 30,000 square feet) to its current 50,000-square-foot facility. The expansion will increase production of incubators and plant growth chambers.
Cognite, an industrial software company, signed a partnership agreement with venture capital firm Accel. Accel gains a board seat and will help Cognite accelerate global growth.
Würth Industry North America acquired the Louisiana assets of Techni-Tool Inc. (formerly MDM Tool and Supply), a supplier of cutting products and services for the metalworking and machining industries. The deal expands Würth's footprint in the Gulf region and its metalworking capabilities.
Vehicle Service Group (VSG) announced a $7 million expansion to its Madison, Indiana operation, including a new paint line, improved manufacturing flow, and increased manufacturing capacity. Groundbreaking is expected in the coming weeks, with completion in late 2021.
G&F Precision Molding, a Sturbridge custom injection molder, acquired Form Tech Tool & Mold of Biddeford, Maine. Form Tech provides precision injection molds and engineering support to the medical device industry and will be renamed Form Tech Mold and Engineering.
Simmons Machine Tool Corporation established the Niles Technical Application Center at its Albany, New York facility to offer Niles-Simmons machines to North American customers. A Niles-Simmons N30 MC multi-axis turning center will be installed in Q1 2021.
Jiaxing Dexun purchased new stamping equipment in October 2020 and completed moving all equipment to a new plant by the end of October 2020, expanding production capacity.
Smurfit Kappa Nettingsdorf successfully commissioned new energy plants at its Nettingsdorf site in June 2020, marking the end of the largest project in the company's history with an investment of around €134 million. The project includes a lye combustion boiler and a new steam turbine.
The joint venture between Oerlikon Group and Teknoweb Materials signed an exclusive licence agreement to deliver Procter & Gamble's Phantom technology for hybrid nonwovens to the global market. The technology combines airlaid and spunmelt processes.
Siemens and Ingersoll Machine Tools have expanded their decade-long partnership to support Ingersoll's digital journey, including creating digital twins and expanding into additive manufacturing for the aerospace market.
Andritz has been awarded a contract by the Allegro joint venture of EVRAZ and Rail Service Industrial Group to supply a train wheel production line for a factory in the Titanium Valley Special Economic Zone, Sverdlovsk Oblast, Russia. The investment is about €180 million, with production starting in Q4 2022 and creating 425 jobs.
Komatsu's new remanufacturing centre in Tunney Industrial Estate, Edenvale, South Africa, spans 11,372 m² and features a flagship overhead crane system supplied by RGM Cranes and Güralp. The facility is part of Komatsu's new campus.
Graebener Maschinentechnik will supply a calibration and straightening press to Borusan Berg Pipe for its LSAW pipe production plant in Panama City, Florida, in addition to previously ordered pre-bending press, bending press, and tack welding machine.
Plymouth Industries, Inc. started construction on a 13,000 square foot addition to its Sheboygan County, Wisconsin facility on October 23, 2020. The expansion is driven by growth in shipping rack, material handling equipment, and industrial automation markets, and is projected to complete in January 2021.
SIEMAG TECBERG GmbH, as the acquiring entity, merged with TECBERG HESE GmbH on 23 October 2020. The merger agreement was signed on that date.
Treatt, an ingredients manufacturer, has partnered with Siemens Digital Industries to build a digital manufacturing facility at its new £41 million global headquarters in Bury St Edmunds. Siemens will supply the SIMATIC PCS 7 control system.
Tornos Xi'an inaugurated a new plant in Xi'an, China, on October 22, 2020. The plant has a total surface area of 3,000 square meters and will produce the CT 20 machine. The event was originally planned for early 2020 but was postponed due to COVID-19.