Caterpillar plans to start producing two new models of excavators at its assembly plant in Tosno, Russia, with an estimated investment of about 300 million rubles. The project is expected to begin in 2020.
Atlanta-based East West Manufacturing acquired Whitewater-based Universal Electronics, a provider of specialized electronics manufacturing services for medical, industrial, telecom and defense industries.
General Atomics Electromagnetic Systems is increasing manufacturing capacity in Shannon, Mississippi, with a $39.5 million investment that will create 125 jobs and add 100,000 square feet for defense components.
Peters Maschinenbau is building a new 2,200-square-meter production hall at its site in Twist, Germany, and purchasing new machinery, as part of a multi-million-euro investment to expand capacity.
Wise Road Capital, through affiliates, agreed to acquire a 100% interest in Swiss pressure and flow measurement component maker Huba Control from Siemens, subject to closing conditions.
Amada expanded its machine tool production plant in the Loire Valley, France, by installing a new 30-tonne overhead crane designed and commissioned by Plazar Manutention. The expansion accommodates the production of heavier machine tools weighing up to 25 tonnes.
MAAG Group has acquired Germany-based XanTec Steuerungs- und EDV Technik GmbH, a manufacturer of advanced industrial control systems for production plants, pelletizing systems and extruders.
Wuxi Paike New Materials Technology has placed an order with SMS group to supply the world's largest ring rolling machine (RAW 1000/800-10000/1500-EH) for manufacturing aircraft engine rings from titanium and nickel-based alloys.
Machinery, part of Yleiselektroniikka Group, signed an agreement to acquire all shares of Muottikolmio Oy from its management and investor group. The deal is expected to close in September-October 2020.
Stanley Black & Decker announced a new $40 million manufacturing plant in Apodaca, Nuevo León, Mexico. The 47,000-square-meter facility will produce power tools and create at least 2,500 jobs by end of 2021, with production starting as early as Q1 2021.
Lindner Recyclingtech held a groundbreaking ceremony on 18 September 2020 for a new 45,000-square-metre headquarters and manufacturing facility in Spittal-Ost, Austria, doubling its capacity.
Valmet will deliver a new bleach plant and upgrade the batch cooking and fiberline at ITC's Bhadrachalam pulp mill in India. The order is valued at around EUR 20-30 million and is scheduled for start-up in 2022.
Butech Bliss purchased a 50,000-square-foot manufacturing facility at 240 Pennsylvania Avenue in Salem, Ohio, for $1.25 million. The expansion is expected to create 10 to 20 jobs over the next few years, with operations starting by end of 2020.
Sumitomo (SHI) Demag Plastics Machinery plans to double its production capacities by the second half of 2020 to meet demand. A groundbreaking ceremony for a new production hall in Schwaig, Germany, has taken place.
Xebec Adsorption agreed to acquire Applied Compression Systems Ltd., a British Columbia service provider for renewable natural gas and hydrogen installations, for approximately $4.5 million. The deal is effective August 31, 2020.
Milwaukee Tool opened a new $83 million factory in Torreón, Mexico, creating jobs. The plant is part of a wave of new foreign factories in Mexico following the USMCA trade pact.
FNA Compressors opened a new 36,000 sqm production plant in Haiyan, Zhejiang province, China, its fifth worldwide, employing over 600 people.
Plasser American Corporation has begun a $52.6 million expansion of its facilities in Chesapeake, Virginia, including a new office building, expanded assembly area and warehouse to 229,000 sq ft, and campus enhancements. The project will create 98 new jobs and increase output by over 100%.
Advanced Insulation invested over £8 million in a new 65,000 sq ft factory in Gloucester, UK, to increase capacity for subsea buoyancy products. The company signed a ten-year lease and will transfer buoyancy production from Plymouth to the new facility.
Shell Global Solutions International awarded Kongsberg Digital an enterprise framework agreement for the supply of Kognitwin Energy digital twin software-as-a-service, to be deployed across Shell's global portfolio of assets and capital projects.
LiuGong held the opening ceremony for its East China base large-scale intelligent mining machinery project in Changzhou on August 28, 2020. The project will have an annual output of 3,000 large engineering machines and 4,000 mining machines, with total investment expected to create an industrial cluster worth over 10 billion yuan.
KHS Group will acquire a minority stake in Ferrum AG, and Ferrum Packaging will take over KHS's can seaming business, pending antitrust approval. The agreement aims to bundle competencies in filling and packaging machinery.
Beijing Oriental Yuhong Waterproof Technology Co., Ltd. awarded a contract to Hebei Xincheng Chemical Equipment Co., Ltd. for equipment and pipeline installation at the Dawax Yueyang factory's latex paint workshop. The contract value is 987,000 yuan.
National Steel Car will supply 1,150 high-capacity grain hopper cars to CN. The contract was announced on August 27, 2020.
Maxam Tire has opened a new advanced and automated solid tyre production facility in Vietnam. Phase one production has launched, and future expansion is being considered.
Valmet will deliver a new bleach plant and upgrade the batch cooking and fiberline at ITC's Bhadrachalam pulp mill in India. The order is valued at approximately EUR 20-30 million, with start-up scheduled for 2022.
Valmet will deliver a new bleach plant and upgrade the batch cooking and fiberline at ITC's Bhadrachalam pulp mill in India. The order is valued at around EUR 20-30 million and start-up is scheduled for 2022.
Brother Industries will complete a new warehouse building at its Xi'an, China plant for machining centers in December 2020, with operations starting in April 2021. The warehouse will consolidate storage and free up space for production, increasing total production capacity by 40%.
Bosch Rexroth's Phase II project in Xi'an, a CNY 500 million investment for linear guides and flexible transfer systems, is expected to start production in November 2020. The project will produce core components for Industry 4.0 and is expected to add annual revenue of CNY 950 million.
GW Martin & Co. installed and commissioned a new Mazak HQR-200MSY CNC turning centre in four weeks to expand machining capacity for a high-precision component order.
Arkhbum JSC is preparing a new corrugated board plant in Ulyanovsk for 2021, with BOBST supplying two packaging production lines worth an investment of €14.2 million.
Compass Energy Systems signed an agreement to acquire Exterran's U.S. natural gas compression assets, including its Brittmoore Road facility in Houston, with closing expected in Q4 2020.
Atlas Copco Gas and Process has formed a strategic alliance with Vericor Power Systems to manufacture integrally geared centrifugal compressors and companders powered by Vericor gas turbines.
ASSA ABLOY filed a simplified public tender offer for the remaining outstanding shares of agta record.
Rigfit7Seas (now Modutec) acquired Avantis earlier in August 2020 to enhance its UK-based engineering capacity.
Rigfit7Seas (now Modutec) was awarded £25 million in contracts for technical buildings and living quarters in Azerbaijan and Saudi Arabia.
SOLVIS GmbH, a manufacturer of hybrid heating systems, has acquired Prozeda GmbH, its long-time supplier of control technology. The acquisition will take effect on January 1, 2021.
SSI Schäfer has been awarded a contract by Chiron Group to design and equip a new logistics center at the production site in Neuhausen ob Eck, Germany. The project is part of Chiron's largest investment in its history, the Chiron Precision Factory.
Air Power, a distributor of industrial products based in High Point, North Carolina, has acquired Zenmar Power Tool and Hoist Systems of Cockeysville, Maryland. The acquisition expands Air Power's geographic footprint in the Mid-Atlantic region.
Shanthi Gears, part of the Murugappa Group, awarded a contract to Finnish-Russian industrial digital solutions provider Zyfra to implement the MDCplus real-time machine monitoring and manufacturing data collection system at its facility in Chennai, India.
Taiwan's Ministry of Economic Affairs approved NT$5.3 billion in investments by 11 small and medium enterprises, including Crystalvue Semiconductor and Global Lighting Technologies, for automation equipment and smart production lines in Taiwan.
Zoomlion Heavy Industry (01157) announced plans to absorb its wholly-owned subsidiary Anhui Zoomlion Earthmoving Machinery Co., Ltd. to optimize management structure. The subsidiary will be dissolved after the merger.
Karl Mayer acquired Stoll on 26 February 2020, with the merger completed on 1 July 2020. As of 12 August 2020, two Karl Mayer companies were renamed to Karl Mayer Stoll Textilmaschinenfabrik GmbH and Karl Mayer Stoll R&D GmbH.
G-CON Manufacturing is expanding its College Station, Texas facility from 189,000 sq. ft. to 245,000 sq. ft., increasing production capacity to 355 PODs per year. Construction will be complete in November 2020 and fully operational in Q1 2021.
Schulz of America, a US subsidiary of Joinville-based Schulz Compressores, opened a new facility in Acworth, near Atlanta, Georgia, after investing about US$2.5 million to expand its presence in the North American market.
Ingersoll Rand's Industrial segment completed its previously announced merger with Gardner Denver Holdings, creating a global leader in mission-critical flow creation and industrial technologies. The combined company will operate as four reportable segments.
Vericor Power Systems signed a strategic alliance with Atlas Copco Gas and Process to power integrally geared centrifugal compressors and Companders with Vericor gas-driven turbines.
J.A. Martin Electrical, a subsidiary of VivoPower International, was awarded a contract by Carroll Cotton Company to complete electrical engineering and installation at a new cotton gin in New South Wales, Australia.
Vorwerk & Sohn group started production at its new plant in Čačak, Serbia, after investing over 60 million euros and building the most modern plant in the group with the longest extrusion line in Europe.
BONUM plans to complete construction of a machinery plant in Aksay district, Rostov region by 2024, with 900 million rubles investment, 70,000 sqm area, and capacity of about 100 units of tank semi-trailers per month, creating 400 jobs.