Infamol, a plastic injection mold manufacturer, recently installed a new high-performance machining center with a bed weight capacity of up to 10,000 kg and size of 3,260 mm x 1,600 mm. This is the first step in its 2020-2022 investment plan to expand capacity.
China Aero Engine Southern Industry Co., Ltd. awarded a contract for a five-axis machining center to Hunan Huiling Machine Tool Co., Ltd., as announced on May 26, 2020.
MAN Energy Solutions was awarded a contract to engineer three RG compressor trains for the Porthos carbon capture, utilization and storage project in the Netherlands, which will store about 2.5 million tons of CO2 per year under the North Sea.
CRCHI produced a slurry tunnel boring machine (TBM) with a 12.19-meter excavation diameter, the largest ever in India, for the Mumbai Coastal Road Project.
AVW Equipment, a family-owned car wash equipment manufacturer, plans to build a single-story 10,000-square-foot facility next to its current Maywood plant, after zoning variances were recommended.
GMM Pfaudler Ltd's board approved a greenfield manufacturing facility for Glass Lined Equipment in Hyderabad, Telangana, with an investment of INR 500 million. The facility will add 500 Equivalent Units of capacity and is expected to be completed within 12 to 18 months.
Jinan Top CNC Machinery Equipment Co. (MHD CNC) and Vietnam's PNCTECH successfully negotiated a distribution partnership for CNC and automatic welding machines in the Vietnamese market.
Pendle Engineering took delivery of an XYZ 3010 vertical machining centre, its fourth XYZ machine, to increase machining capacity for larger workpieces up to 4000 kg. The machine was delivered on May 21, 2020.
ABB Finland signed a preliminary binding agreement with Metsä Fibre to deliver electrification and drive technology solutions for the planned bioproduct mill in Kemi, Finland, including over 1,000 electric motors, 600 drives, and transformers.
Schaeffler is developing its production hub in Bien Hoa City, Vietnam, into a digital pilot plant for its global production system, adding new product lines including Radial Insert Ball Bearings and Needle Ball Bearings.
Emerson announced on May 20, 2020, that it will invest more than $100 million in Boulder, Colorado, to expand manufacturing space and launch a new innovation center focused on advanced flow measurement products. The project includes an 85,000-square-foot laboratory and is planned to break ground in spring 2020.
Daikin Industries completed its acquisition of all shares of Duplomatic MS Spa, the Parabiago, Italy-based maker of hydraulic and electromechanical motion control components, on June 30, 2022.
Leimeng Intelligent Equipment (Hubei) Co., Ltd., a subsidiary of Guangdong Leimeng Intelligent Equipment Group, started construction of a smart machinery manufacturing park in Songzi, Hubei, with a total investment of CNY 490 million. The first phase of CNY 200 million will produce mobile crushing and screening units.
Adaptas Solutions completed the acquisition of L3Harris Technologies' Applied Kilovolts and Analytical Instrumentation business. Financial terms were not disclosed.
Quarterhill Inc. completed the sale of VIZIYA Corporation to Prometheus Group for CAD$49.4 million in cash. VIZIYA is a software and services provider for asset performance optimization.
Ataro Klima has invested €10 million in a new smart factory near Plovdiv, Bulgaria, which started operations in early 2020. The facility is a metalworking smart factory that operates without people, with a capacity of 6000-8000 tons of sheet metal per year.
Schneider Electric will complete a £3 billion merger with AVEVA, with AVEVA retaining its Cambridge headquarters and Schneider holding a majority stake. The deal is expected to close by end of 2020.
Okuma Europe GmbH acquired 100% of Dutch sales partner Gelderblom CNC Machines B.V., which will operate as Okuma Benelux B.V. from Houten, Netherlands. The deal includes all 40 employees.
NBI Bearings Europe SA reached an agreement to buy 100% of Turnatorie Iberica's shares and a 51.35% stake in ALPROM for a fixed price of EUR 15 million, plus up to EUR 1.5 million contingent on EBITDA targets.
SECO/WARWICK signed a contract to supply Ukraine's Kamyanka Machine Building a vacuum furnace that performs hardening, quenching and tempering in one unit. The contract value was not disclosed.
Norway's TMC Compressors of the Seas has been contracted by Jiangnan Shipyard to supply marine compressed air systems for two very large ethane carriers being built for Pacific Gas (Hong Kong) Holdings. Contract value was not disclosed; deliveries are due in Q4 2021 and Q1 2022.
Turkish earthmoving machinery manufacturer Hidromek is constructing a new 1.2 million square meter production plant in Ankara with an estimated investment of €300 million. JUARISTI will supply 11 machining centers for the facility.
Nabell USA, a bellows manufacturer and subsidiary of Japan's Nabell Corporation, plans to invest about $2.9 million in its existing Albemarle, North Carolina facility and create 15 new jobs within 24 months.
The Palm Group selected Heimbach as co-supplier of forming fabrics, press felts, shoe press belts and transfer belts for its new PM 5 corrugating base paper machine, with a 750,000-ton annual capacity and start-up planned for the first half of 2021.
Dana Incorporated completed the acquisition of the power-transmission and fluid power businesses of Dana Brevini Group S.p.A., announced 3 April 2017.
Atlas Copco agreed to acquire Pressure Compressores Ltda., a Brazilian manufacturer of piston compressors and related equipment, announced 2 June 2017.
Rolls-Royce and Unipart have announced their intention to form a joint venture company called MetLase, which will initially create some 30 high-end technical engineering jobs at its new headquarters on the Advanced Manufacturing Park in Rotherham.
Siemens has submitted plans for a £200 million ($258 million) train factory in Goole, England, expected to create around 700 jobs. The facility will produce tube trains for London's Piccadilly Line and is anticipated to be in full operation by 2025.
Gammon Construction, a joint venture between Balfour Beatty and Jardine Matheson, was awarded a HK$4.75bn ($490mn) contract by the Hong Kong Science & Technology Parks Corporation to deliver an Advanced Manufacturing Centre (AMC) in Hong Kong. Early works commenced in summer 2019, with completion expected in 2021.
Zoomlion started construction on a new 100-hectare excavator factory in Changsha, China. The plant will produce 33,000 excavators annually, worth $2.8 billion, and will use AI and IIoT technologies.
Kobelco Construction Machinery USA has opened a $41 million hydraulic excavator production facility in South Carolina, with a 156,000 sq ft plant and capacity of 1,800 units per annum.
Nidec has been cleared by the European Commission to re-acquire Secop's Delta hermetic refrigeration compressor production line in Fürstenfeld, Austria, after the Commission waived the non-re-acquisition clause.
Valmet will supply a coated board making line (PM2) with automation and Industrial Internet solutions for APP's Guangxi Jingui Pulp and Paper's Qinzhou mill in China. The order is included in Valmet's orders received of Q1 2020, with a typical value of EUR 150-200 million, and start-up planned for 2021.
Starrag was selected to supply a Droop+Rein 5-axis gantry machine for the Attack Class submarine construction in Osborne, South Australia, in collaboration with H&H Machine Tools Australia.
AGCO Power Inc. ordered a Fastems flexible manufacturing system for machining cylinder blocks at its Linnavuori plant, the largest single machine investment for the plant.
Paper Machinery Producer (PMP) signed a contract to deliver two Intelli-Jet V hydraulic headboxes and engineering services for Smurfit Kappa's PM5 paper machine at the Uberaba mill in Brazil. Delivery and start-up are scheduled for the last quarter of 2020.
Metsä Fibre signed a preliminary agreement with ABB to supply electricity systems for the Kemi bioproduct mill in Finland. The delivery is valued at approximately EUR 40 million.
Danish subcontractor MC Uldall has expanded its factory with a 1,900 sqm extension, increasing total area by 50%, and installed a new 4-axis Quaser milling machine.
Siko, a sensor and positioning systems manufacturer, has opened its new plant in Bad Krozingen, representing an investment of around EUR 13 million.
SANOVO TECHNOLOGY GROUP made a strategic investment in Ovotrack Holding BV, a supplier of traceability and inventory management solutions for the egg industry.
HME Inc. will expand its Button Road facility in Topeka, Kansas, in three phases starting end of 2020, adding 36,000 sq ft in phase one, 16,000 sq ft in phase two, and a 60,000 sq ft manufacturing facility in phase three. The initial investment is about $6 million, creating 167 new jobs.
American Tank acquired Lely Tank & Waste Solutions, including its vacuum tank manufacturing operations in Troy, Texas.
CAN-ENG Furnaces International Ltd. was awarded a contract by a major automotive parts supplier to overhaul and refurbish a Cast Link Belt Normalizing Furnace. The work will be done in CAN-ENG's Niagara Falls shops and the furnace will go back into operation in Q1 2021 in the United States.
Eberhart Capital, a Scottsdale-based private equity firm, has acquired The Equipment Source, a tool and equipment rental company in Naples, Florida. Terms were not disclosed.
AT&F has installed a new 5-axis, 10K fiber optic laser machine at its Cleveland facility to increase capacity and improve quality for metal fabrication.
Buhler Industries announced it will cease production at its Fargo, North Dakota facility by September 30, 2020, and relocate product lines to its Willmar, Minnesota plant. The move aims to increase efficiency and reduce overhead costs.
Rottne Industri has begun rebuilding its main factory in Rottne to increase production capacity to 300 forestry machines per year by 2026. The current capacity after changes is 200 machines per year.
TMC Compressors won a contract from Shanghai Waigaoqiao Shipbuilding (SWS) to supply a marine compressed air system, including four large compressors, for a newbuild FPSO SWS is building for SBM Offshore in China. The contract value was not disclosed.
Zoomlion held the groundbreaking ceremony for the second phase of its Tower Crane Smart Factory in High-tech Zone Industrial Park, with an investment of 950 million yuan, expected to be put into production in February 2021.
Zoomlion Heavy Industry Science & Technology Co., Ltd. started construction on the second phase of its tower crane smart factory in Changde, Hunan. The phase involves an investment of CNY 950 million (approx. USD 134 million) on 340 mu (about 22.7 hectares) and is expected to begin production in February 2021.