Butech Bliss invested $1.25 million to purchase a 50,000 sq ft manufacturing facility in Salem, Ohio, adjacent to its existing operations. The expansion will add 10-20 new jobs over the next few years, with operations expected to start moving in by end of 2020.
Valmet will supply a high-capacity fine paper making line with stock preparation and automation to Asia Symbol (Guangdong) Paper in XinHui, China. The PM 13 line is scheduled to start up in 2022 and will produce woodfree uncoated paper grades. The order value is typically around EUR 80-100 million.
Swedish tech consultancy Prevas has agreed to acquire all shares in Evotech, including its subsidiaries Tritech Technology, Filoprocess and Deva Mecaneyes, for approximately SEK 270 million. The deal is subject to approval at an extraordinary general meeting on January 4, 2021.
Valmet will supply a complete tissue production line, including automation, to WEPA's mill in Bridgend, UK. The line will increase WEPA's tissue production by approximately 65,000 tons per year.
QCC partnered with Rexroth (A Bosch Company) to revitalize the Rineer product line, with a case study on the results. The announcement is dated 7 January 2025.
Chicago-based private-equity firm Capital Concepts Holdings, LLC acquired QCC, a precision machining, assembly and testing services provider. The announcement is dated 29 April 2021.
QCC LLC acquired the Woodward EFC (Electronic Fuel Control) product line, supporting continuity of supply for industrial, mobile off-highway and energy customers. The announcement is dated 16 December 2024.
AKASOL AG launched serial production of the AKARack 48-volt battery system in its new Gigafactory 1 in Darmstadt, Germany, for a globally leading construction machinery manufacturer.
TechPrecision Corporation has agreed to purchase STADCO, a custom precision parts manufacturer, for 1 million shares of TechPrecision common stock. The acquisition is expected to close on December 1, 2020.
Komatsu Mining Corp. broke ground on a new state-of-the-art headquarters and manufacturing campus in Milwaukee's Harbor District, investing approximately $285 million. The facility will include a heat treating department.
SEKISUI CHEMICAL will build a synthetic railway sleeper (FFU) production plant in Roermond, Netherlands, expanding capacity 1.8 times and reducing delivery times to Europe. Construction begins in 2021, production in Q1 2023.
Alfa Laval has won an order worth nearly $15 million to supply a pretreatment processing line, including high-speed separators and heat exchangers, to HollyFrontier for renewable diesel production in the U.S. Delivery is scheduled for 2021.
Burckhardt Compression and BW LNG signed a ten-year long-term service agreement covering Laby-GI compressors on nine LNG carriers, including maintenance and remote diagnostics.
Sandvik has signed an agreement to acquire US-based CGTech, a market leader in NC/CNC simulation software, for an undisclosed amount. The transaction is expected to close in Q4 2020.
AURELIUS Equity Opportunities SE & Co. KGaA announced the acquisition of GKN Wheels & Structures, a manufacturer of off-highway wheels and technical solutions, from GKN. The transaction is expected to close in November 2020, pending regulatory approval.
Komatsu Forest is constructing a new 40,000 m² factory called 'Komatsu Forest One' in Umeå, Sweden, to expand production of forestry machines. The facility will include a factory hall and six floors of office space, aiming to be carbon-neutral.
WaldrichSiegen secured an order from Weichai Heavy Machinery Co., Ltd. for seven ProfiMill portal milling machines to process engine blocks. The machines are equipped with sensors for Industry 4.0 integration.
Yantai Universal Machine Tool Equipment Co., Ltd. held a groundbreaking ceremony for its high-end CNC machine tool functional components industrial base project in Fushan District, Yantai. The project involves an investment of 500 million yuan and is expected to achieve annual sales revenue of 600 million yuan.
Idé-Pro is investing in a major expansion of its light metal department in Skive, Denmark, including Denmark's largest die casting machine (Italpresse TF 1350), a zinc hot chamber machine, a Makino A61nx machining centre, and automation robots. All machines will be installed within the next few months.
Impro Precision began construction of a Precision Machining Plant and a Sand Casting Plant in San Luis Potosi, Mexico, as part of a new production base. The total investment for phase one is over US$100 million, with US$56 million estimated for 2020. The Precision Machining Plant is scheduled for completion in late 2020 and production in Q1 2020, while the Sand Casting Plant is scheduled for completion in Q1 2021 and production in Q2 2021.
Amutec, a portfolio company of Ambienta, acquired Mobert, a designer of machinery for biocompostable and recycled bags, to create In.Pack Machinery, a new sustainable packaging hub. The deal doubles the group's size.
Foodmach was contracted by the Australian government to engineer and build seven mask-making machines for Med-Con, with the first machine commissioned in September 2020 producing 60,000 masks per day.
ANDRITZ has received an order from Segezha Pulp and Paper Mill to supply stock preparation equipment for sack paper production at its mill in Segezha, Russia. The system will have a capacity of 350 bdmt/d and start-up is scheduled for early 2021.
British flexible packaging converter Roberts Mart & Co installed a second Comexi S1 DT slitter to increase production quality and productivity.
The Australian Department of Defence awarded MedCon a contract to produce 58 million Level 3 surgical masks by November 2020. Foodmach was contracted to modernize three existing mask-making machines and build five new ones.
ELGi USA, a subsidiary of Elgi Equipments, formed G3 Compressors, LLC, a North Carolina joint venture with 50% ownership held by Chad Gooding, with a proposed total investment of $100,000 in Class A shares.
Alstom inaugurated a new 3.4-hectare site in Fez, Morocco, for manufacturing and assembly of electrical cables and cabinets, with a total cost of 48 million MAD. The site currently employs 400 people and is expected to create 350 additional direct jobs by 2023.
Ambienta's Amutec combined with Mobert to create In.Pack Machinery, a leading player in machinery for sustainable bags, doubling the size of the group.
The Competition Commission of India approved the acquisition of more than 50% equity share capital of CG Power and Industrial Solutions Limited by Tube Investments of India Limited, part of the Murugappa group.
Ribble Packaging completed a £3.5 million investment project, including a warehouse extension and new machinery such as the Unifold fanfold stacker, which raises its double-wall line speed from 170 to 220 metres per minute.
Harvey Performance Company opened a new 79,000-square-foot manufacturing facility in Gorham, Maine, to house Helical Solutions product manufacturing and serve as an innovation hub.
Cisner has been awarded a contract by Namsun Aluminum, an SM Group affiliate, to build a smart factory integrated information management system, including its abcMES solution and an ERP renewal with K-SYSTEM from Younglimwon Soft Lab.
Geminis Lathes reached an agreement with Saudi Aramco for the supply, installation and commissioning of five units of equipment valued at over €5 million for the Ras Al-Khair mega port.
Krones Inc. launched the Krones Process Group North America, consolidating its recent acquisitions of Trans-Market, Javlyn Process Systems and W.M. Sprinkman Corp. to serve the beverage, dairy and food industries.
Herrenknecht has received a confirmed order from Skanska Costain Strabag JV for two tunnel boring machines to bore the Northolt tunnels on the HS2 route in London, with delivery expected at end of 2021 and tunnel drive starting mid-2022.
Aker Solutions ASA has completed its merger with Kværner ASA, absorbing all assets, rights and obligations of Kværner, which will be dissolved. The merger was finalized on November 10, 2020, with Kværner shareholders receiving 0.8183 Aker Solutions shares per share.
Almex USA Inc. has been selected as technology and equipment provider for a new greenfield casthouse facility in Bowling Green, Kentucky, owned by Kobelco Aluminum Products & Extrusions Inc. (KPEX), a subsidiary of Kobe Steel Group. First metal production is targeted for early 2018.
Sany Heavy Lifting is investing 400 million yuan to build a new 38,000-square-meter plant in Ningxiang, Hunan, to increase production capacity of 8-16 ton truck cranes from 200 to 500 units per month. Construction started in May 2020, with structural lines expected to be operational by mid-October 2020 and painting line by December 2020.
Sany Group signed an agreement on October 9, 2020, to invest over 10 billion yuan in five projects in Loudi, Hunan, including a hydraulic cylinder smart eco-city, a truck parts industrial park, a road machinery lighthouse factory, and two schools.
MacGregor, part of Cargotec, has secured an order worth over USD 10 million to provide cargo handling cranes for four 62,000 dwt general cargo ships to be built in Asia. Deliveries are planned from Q3 2021 to Q1 2022.
Yaskawa and Phoenix Contact agreed a partnership to develop a next-generation machine controller and PLC platform using Phoenix Contact's PLCnext Technology, with Phoenix Contact licensing its PLCnext runtime environment to Yaskawa.
Pasaban supplied a new high-production duplex sheeter and modernized an existing board sheeter for Papier- und Kartonfabrik Varel (PKV) as part of PKV's 280 million euro strategic investment program.
Alfa Laval won an order worth about SEK 75 million to supply OLMI heat exchangers to a gas compression plant in Algeria, booked in late September 2020 with delivery scheduled for 2021. The announcement was dated 2020-10-09.
AND&OR has acquired Madrid-based Franco Dolfini Automation, a manufacturer of automation machinery for plastic bottle manufacturing. The acquisition strengthens AND&OR's position in the blow molding industry.
Kongsberg Maritime won a contract worth over EUR 12 million to deliver integrated propulsion and manoeuvring systems for two 230-meter RoPax vessels being built for Finnlines at China Merchants Jinling Shipyard (Weihai). The ships are expected for delivery by 2023.
Entegra Attachments acquired Bloom Manufacturing, a manufacturer of hydraulic winches and speed reducers, in July 2020.
Zavod Vysotnykh Konstruktsiy (Lifting Equipment Plant) plans to relocate and expand its production facility in Gatchinsky District, Leningrad Oblast, with an investment of over 200 million rubles. The project will create 140 jobs and increase output to 2.2 million units of lifting equipment per year by 2023.
Applied Industrial Technologies acquired Advanced Control Solutions, a provider of automation products and engineered solutions including machine vision and robotics, expanding its automation offering in the Southeast US.
HOMAG Group has acquired a majority share of Danish engineering and manufacturing company System TM A/S, a leading global supplier of optimization and solid wood systems. The acquisition follows 15 years of cooperation between System TM and Stiles in North America.
Derbyshire-based miniature railway manufacturer 17D Ltd invested in a new Doosan DNM 4500 vertical machining centre, installed at its Matlock facility in July 2020, to increase production capacity for precision components.