Weichai Power signed a strategic cooperation agreement to acquire 51% equity of Austrian VDS, becoming the controlling shareholder, to enhance key technologies in new energy powertrain motor control systems and agricultural equipment CVT power systems.

Nucor Corporation selected Danieli Centro Cranes to supply overhead cranes for the melt shop of its new plate mill plant in Brandenburg, Kentucky. The cranes will be delivered within 2021.

Industri Tools & Equipment launched as part of Engineering Solutions Group, consolidating six tooling companies to supply industrial sectors in Southern Africa, with head office in Benrose, Johannesburg.

Zoomlion produced the world's first pure electric-powered truck crane, the ZTC250N-EV, at its Quantang Industrial Park in Changsha on May 7, 2020. The 25-ton crane has a range of over 260 km and reduces energy costs to 35% of fuel-powered equivalents.

Trane Technologies spun off its industrial business, which combined with Gardner Denver to form the new Ingersoll Rand in a deal valued at $15 billion; the transaction has been completed.

French rail equipment company Alstom agreed to acquire the worldwide rail equipment business of Bombardier for about €6 billion, expected to close in the first half of 2021.

Beckwood Press Co. was awarded a contract by Diverse Metal Products to manufacture a 2,500-ton hydraulic forming press for making embossed heat exchanger plates in nuclear missile tubes for the U.S. Navy.

Voith Group successfully completed the acquisition of 90% of Toscotec, a manufacturer of machinery for tissue, paper, and board production. The deal was finalized after obtaining regulatory approvals.

Turkish firm Yaris Kabin will establish its first foreign production unit in Iváncsa, Hungary, with an investment of EUR 20.3 million. The facility will manufacture tractor and agricultural machinery cabins, creating 150 jobs, with production expected to start in early 2021.

Leadwell, a Taiwanese CNC machine tool builder, launched a new 43,500m² factory in Taichung, doubling its monthly machine production capacity. The facility will produce lathes and machining centers.

Schäfer GmbH, part of the Schäfer Group, took over the business operations of VR-Construct, a German company specializing in machines and molds for plastic injection molding technology, effective May 1, 2020.

SPIE completed the installation of the complete electrotechnical infrastructure for Harmonic Drive SE's new plant in Limburg, Hesse, Germany, including high-voltage systems, fire protection, lighting, and sunshades. The project took 18 months.

HOMAG Group agreed to acquire the remaining 75% of shares in HOMAG China Golden Field (HCGF), forming a unified organization with 750 employees in China. The merger is expected to be effective in autumn 2020, subject to regulatory approvals.

Exel Industries acquired Intec GmbH, a maker of bonding and dosing equipment for automotive body assembly with about 120 staff in Erftstadt, Germany, from the insolvency administrator of Eisenmann SE. Closing was completed in February 2020.

Siemens Gas and Power won a contract to supply two SGT-400 gas turbine compression packages totaling 39,000 horsepower for an expansion of Midcoast Energy's CJ Express pipeline at an existing compression station in east Texas.

Komori Corporation completed its acquisition of MBO Group, a Germany-based manufacturer of post-press equipment. MBO Group is now a wholly-owned subsidiary named MBO Postpress Solutions GmbH.

DropsA S.p.A acquired the Lubrication Systems business unit from bielomatik Leuze GmbH + Co. KG i.I. and founded Bielomatik Schmiertechnik GmbH as a DropsA group company.

BINMASTER signed a direct license agreement with EMERSON for an exclusive license to manufacture and distribute BinMaster’s 3D Solids Scanner level sensor and associated software.

DURAVANT, which also owns Key Technology, signed an agreement to acquire WOODSIDE ELECTRONICS CORP., a manufacturer of optical color and defect sorting equipment.

Takamatsu Machinery announced on May 1, 2020, that it will postpone the construction of a new machine tool plant in Hakusan City, Ishikawa Prefecture, due to COVID-19. The plant, originally scheduled to start operations in April 2021, is now expected to begin in April 2022, with a total investment of approximately 3.5 billion yen.

Tenmat Advanced Materials appointed MSC Industrial Supply Co. as its supplier under a five-year contract for tooling, PPE, general consumables, and engineering support at its Trafford Park, Manchester facility.

R.M. Wright Company secured a multi-million dollar contract to distribute 150,000 needle valves and 400,000 fittings to Ford Motor Company for ventilator production at the Rawsonville Plant in Ypsilanti Township, Michigan.

Rapid Application Group (RAG) has opened a new 15,000 square-foot additive manufacturing facility in Oklahoma. The company is the only Service Disabled Veteran Owned AM contract manufacturer in the US, focused on aerospace and defense.

Comau and Exechon have formed a strategic cooperation to design and produce a new machining center for lightweight framing and structural components, focusing on automotive, aerospace and electrification sectors.

JTEKT Toyoda Americas Corporation and Ace Micromatic Group formed a strategic alliance, with Toyoda becoming the exclusive importer of Ace Micromatic's machining line. Toyoda will introduce new machine classes including the Gemini XL twin spindle VMC.

KPS Capital Partners agreed to acquire Baker Hughes' Lufkin rod lift solutions business. The agreement was reported on 1 May 2020.

Piriou won a contract from the French Defence Procurement Agency (DGA) for the supply of 20 tugboats (15 port and 5 coastal), with a firm order for four units and optional tranches including maintenance. The vessels will be built at Piriou's Concarneau shipyard.

Cimarron Energy completed its purchase of Aereon, a global provider of emissions control solutions, on April 30, 2020. The acquisition includes moving Aereon's manufacturing operations to Midland, Texas.

A consortium including HAL Investments, Ackermans & van Haaren, MerweOord, and Huisman reached a Heads of Agreement with Royal IHC's banks for the acquisition and refinancing of IHC Merwede Holding B.V. The deal is supported by a bridging loan from the Dutch government.

Pinomatic Oy will deliver a production line for non-settling log blanks to Vaaran Palkki Oy's new 7,600 sqm plant under construction in Tervola, Finland. The plant is expected to be ready by early 2021 and will employ about 20 people.

Vossloh Cogifer will receive a $1 million Federal Government grant to rebuild its existing plant in Castlemaine, Victoria. The project will increase factory capacity by 55% to $25 million by 2022.

Texmo Pipes and Products Limited has bagged orders for HDPE and PVC pipes worth Rs 56.09 crore from multiple contractors. The execution period is 3 months, and the location is Burhanpur, Madhya Pradesh.

Voith successfully completed the acquisition of ELIN Motoren GmbH on April 30, 2020, after receiving all official approvals. ELIN Motoren is a high-tech company in electric motors and generators with about 1,000 employees and €120 million turnover.

Duro Felguera, through its DF Calderería Pesada division, won a contract from KT-Kinetics Technology to design and fabricate three pressure vessels for the delayed coker unit at INA's Rijeka refinery in Croatia. The announcement was dated April 30, 2020.

Siemens gas turbines (SGT-300 and SGT-100) will be purchased to power mobile compressor units for Lebapgazchykarysh, which improve hydrocarbon gas supply to the Naip field gas processing complex in Turkmenistan. The report is dated April 30, 2020.

Vander-Bend, backed by Aterian Investment Partners, acquired TMK, a specialty prototyping and precision machining provider based in Santa Clara, California, on April 29, 2020.

Voith Group and Moog Inc. signed contracts on April 29, 2020 to form the joint venture HMS - Hybrid Motion Solutions GmbH in Rutesheim, Germany, focused on hydrostatic servo-hydraulic drives for industrial markets.

Valmet and Metsä Fibre signed a preliminary agreement for Valmet to deliver key technology and automation systems to the planned Kemi bioproduct mill in Finland. The estimated value of Valmet's delivery is about EUR 350-400 million.

Pressure Biosciences Inc signed a binding letter of intent to merge with Cannaworx Inc, a cannabis company with 12 hemp-derived CBD products. The combined company will use Pressure Bio's Ultra Shear Technology platform for nanoemulsion processing.

Voith Group and Moog Inc. signed contracts on 29 April 2020 to form the joint venture HMS - Hybrid Motion Solutions GmbH in Rutesheim, focused on hydrostatic servo-hydraulic drives for industrial markets.

Siemens Gas and Power won a contract to supply two SGT-400 gas turbine compression packages with 39,000 horsepower for an expansion at an existing compression station on Midcoast Energy's CJ Express pipeline in east Texas. WHC Energy Services is the EPC provider.

Lotte Aluminium, a subsidiary of South Korea's Lotte Group, ordered Achenbach Buschhütten to supply machinery for a new greenfield aluminium foil production plant in Hungary. The first stage includes three OPTIMILL Foil Rolling Mills and other equipment.

MM Technics expanded its Newberry County, South Carolina site by 18,000 square feet, adding an 800-ton press and a 300-ton press, doubling press line capacity to serve customer orders.

Tianqi Automation secured the Phase I finished-product conveyor project for General Technology's new tire plant in Thailand, which is designed to produce 6 million semi-steel and 1 million all-steel radial tires annually.

HK Präzisionsteile GmbH has added a DMG MORI 65 monoBLOCK 5-axis milling machine with pallet changer to its capacity, following a recent investment in a universal lathe.

Bimex Verktyg AB plans to expand its operations with an additional 450 m², with construction start scheduled for spring 2026, to meet customer demand for tool components.

The Reach Group and AMAC GmbH signed a cooperation agreement to strengthen business between China and Europe in advanced materials and composite machine technologies.

Chipolbrok has signed shipbuilding contracts with CSSC Chengxi Shipyard for the construction of up to four 62,000 dwt multi-purpose heavylift vessels, with firm orders for two vessels and options for two more. Delivery will start in 2022.

Seongdo E&C signed a KRW 20.74 billion contract with Tobix for the construction of a new factory in Paju, Gyeonggi Province, South Korea. The contract was signed on April 23, 2020.

Compressor Controls Corporation has been awarded multiple contracts for the Arctic LNG 2 project in the Russian Arctic region, which is valued at $21.3 billion. The contract values were not disclosed.