Dearing Compressor has acquired Kruman, a Pittsburgh company, and will keep the Kruman name as a division of Dearing. The deal expands Dearing's territory across Ohio, Pennsylvania, West Virginia and Maryland.
Weeks Marine signed a contract with Eastern Shipbuilding Group to build a sister ship to the TSHD Magdalen, a trailing suction hopper dredge named R.B. Weeks, at Eastern's Allanton Panamshipyard in Panama City, Florida. The vessel is scheduled for delivery in early first quarter 2023.
King Ray Industry Co Ltd, a hardware accessory supplier, plans to invest over NT$400 million to set up a new plant in the Changhua Coastal Industrial Park to expand production.
Vema Lift Oy has signed a contract for a new 9,000 m2 factory in Kaarina, Finland, combining three current operations into one unit. The plant will be completed by early 2021.
ATS was awarded a $65 million order for the rapid scale-up of a virus test kit.
Astarta-Kyiv purchased 31 John Deere 345 hp tractors and 21 grain and beet seeders from John Deere Ukraine as part of a five-year investment program to upgrade agricultural technology. The agreement is one of the largest agricultural machinery deals in Europe in 2020.
Fives received an order from Liaoning 518 Internal Combustion Engine Fitting Co., Ltd. for five Landis LT2He grinding machines to machine large crankshafts for heavy trucks.
Qingdao Wanjianwan Tools started construction of its second-phase project in Qingdao West Coast New Area, with a total investment of USD 28 million. The project will produce high-speed precision cutting tools.
Paragon Partners acquired all shares of Castolin Eutectic, a provider of wear protection and repair solutions for industrial plants, from the Messer Group. Castolin Eutectic is headquartered in Kriftel, Germany, and operates six production facilities worldwide.
KARL MAYER Technische Textilien developed the new WEFTTRONIC II G warp knitting machine with weft-insertion for producing light to medium-heavy grid structures used as plaster grids and geogrids. The first machine was ordered by Polish manufacturer HALICO in early 2019, followed by orders from Chinese companies Shandong Qiyad and Zibo Glasstex in December 2019.
The Girbau Group acquired the entire share capital of its Chinese joint venture Girbau Shenguang Laundry Technology (GSLT), making it a wholly owned subsidiary. The acquisition was announced on April 22, 2020.
Xiamen Changsu has ordered two sequential film stretching lines from Brückner Maschinenbau for producing biaxially oriented polyamide (BOPA) films. The lines have a working width of over 7 meters and are scheduled to start up in Q4 2021.
Crafts Technology rush-produced CraftAlloy tungsten carbide core pin tooling for injection molding machines used to manufacture vials for COVID-19 testing. The core pins were delivered in three weeks to support Prestige Mold and Hologic.
JPW Industrial Ovens and Furnaces opened Plant 2 in Williamsport, Pennsylvania, in January 2018 to increase manufacturing space for its standard product lines and maintain inventory of standard products.
Shandong Jingyao Glass Group, a Chinese container glassmaker supplying Tsingtao beer and other global brands, has invested in three swabbing robots and Press Duration Control equipment from Heye International. The swabbing robots are the first installed by Heye in China.
Dolco, a Tekni-Plex Inc. business unit, acquired Commodore Technology and Commodore Plastics in 2018. Commodore Technology manufactures PS foam extrusion systems and thermoforming machines, while Commodore Plastics produces PS foam food trays.
Hydraproducts acquired the business and assets of Fluidlink Hydraulics Ltd of Devizes, a manufacturer of bespoke hydraulic power packs, announced 21 April 2020.
Private equity investor CGS Management, through portfolio company EOL Packaging Experts, acquired a majority stake in BMS Maschinenfabrik of Pfatter, a maker of sorting systems and dry parts solutions. The deal was announced on 13 May 2020; no value was disclosed.
Trioplast Nyborg is investing in an Evo XG 8 LR flexo printing machine from Koenig & Bauer for printing polyethylene films for industrial packaging. The press is scheduled to start production in Q2 2021.
BarkerBille moved into a new 3,500 m² office and production facility in Ningbo, China, doubling its capacity. The relocation was delayed by the coronavirus outbreak but is now fully operational.
SIG Combibloc announced plans to invest in an extrusion coating line from ER-WE-PA, part of the Davis-Standard Group. The system is expected to be installed in 2020.
AWM Arnstädter Werkzeug- und Maschinenbau AG invested in a Fooke Endura 900 Linear Compact portal milling machine, enabling it to handle tool weights up to 20 tons. The machine has been in operation since autumn 2019.
Amkodor-Onego is implementing an investment project to create a production facility for harvesters and forwarders in Petrozavodsk, Russia. The first batch of overhead cranes has been received, with total investment of 500 million rubles and planned output of at least 60 machines per year.
Optitex, a provider of 2D & 3D CAD/CAM software for fashion and industrial fabrics, announced its acquisition by FOG Software Group, a division of Constellation Software, Inc.
Descours & Cabaud, a French distributor of industrial supplies, acquired WMH Transmissions Limited and Apex Transmissions Limited, UK-based providers of linear, transmission and gearbox products. The deal was announced in April 2020.
Valmet will supply new reel and winding technology and surrounding equipment to modernize board machine KK 1 at Metsä Board's Kyro mill in Finland, with start-up scheduled for the second half of 2021. The order value was not disclosed.
AAR's Mobility Systems division was awarded a sole-source firm-fixed-price contract from the US Army worth $11.9 million over five years to produce Lightweight Multi-Purpose Shelters at its Cadillac, Michigan facility.
Bambach Wires and Cables, a subsidiary of Energy Technologies, started operating a new manufacturing plant in Rosedale, Victoria, in early 2020, with a $7 million investment supported by a $2.3 million federal grant. The plant produces specialist and industrial cables and aims to create 40 jobs.
Danobat Railway Systems presented a production line for mounted railway axles built for Russian freight wagon manufacturer T.V.S.Z. The order value increased from €50 million to €63 million after supplements, making it the largest order ever for a Spanish machine tool company.
Danobat Railway Systems opened new facilities in Bergara, Guipuzcoa, Spain, with a €12 million investment and 10,000 square meters of space. The facility aims to become a top turnkey machinery supplier for the railway sector.
Hunan Deli Heavy Industry plans to invest CNY 2 million to expand its excavator production capacity from 150 to 200 units per year and add an automated paint booth at its existing plant in Xintian County, Hunan.
Valmet will supply a complete mill-wide Valmet DNA distributed control system to JK Paper Limited for its board project at Fort Songadh Mill in India, with installation scheduled to start in May 2020. The order value was not disclosed.
Shenyang Machine Tool Co., Ltd. won a contract on April 14, 2020, to supply a super-large five-axis double-gantry CNC machining center to an unnamed customer, setting records for the highest single-machine value and largest domestic five-axis machine.
On April 14, 2020, General Technology Group Shenyang Machine Tool (SY Machine Tool) won a bid to supply a super-large five-coordinate dual-gantry CNC machining center to an unnamed customer in the aerospace sector.
Paradigm Industrial LLC purchased Vulcan Tool Co. of Dayton, Ohio. Vulcan Tool manufactures tube cutters, trimming dies, and spindle attachments.
Festo announced a $90 million expansion of its Mason, Ohio manufacturing center, adding 350 jobs over five years. Construction will be in two phases, completed by 2024.
Premier Mounts expanded its West Coast warehouse and operations in Corona, California, increasing logistics capacity from 2,000 to 20,000 square feet and adding a new Amada 1253NT Press Brake to its manufacturing line.
Yorkshire-based electronics manufacturer Contract Production manufactured 247 noise measurement instrument kits for Cirrus Research, destined for the Delhi police force in India. The order was completed in four weeks.
All States Ag Parts, LLC announced the acquisition of H&R Construction Parts and Equipment, Inc. on April 14, 2020. The acquisition creates a one-stop-shop for ag, industrial, and construction equipment parts.
Yiyang Rubber & Plastics Machinery, a CNCE affiliate, kicked off the overall relocation and technical upgrading project for its 'Digital Manufacturing Base for Intelligent Rubber Machinery' in Yiyang High-tech Zone, involving dismantling and overhaul of large equipment.
HAHN Group has completed the acquisition of a majority stake in DAHL Automation, a German company specializing in collaborative lightweight robotics, to expand its cobot and intralogistics portfolio.
Yaskawa Electric announced a joint venture with YE Digital for IoT solutions in manufacturing, to be established in July 2020. Yaskawa will hold a 60% stake and YE Digital 40%, with capital of 50 million yen.
Jiangsu Shuangzheng Machinery is building a new factory in Xuzhou High-tech Zone, covering 120 acres with 60,000 sqm of construction, to produce slewing bearings and drives. The new plant is expected to be put into production in 2020.
Thermax has dispatched its first export consignment of a 60 TR vapour absorption chiller from its new state-of-the-art facility in Sri City, India, to UBE Chemicals in Thailand.
AVT Reliability has been awarded a three-year contract to provide proactive condition-based maintenance support to INEOS at its Grangemouth site in Falkirk, Scotland. The contract involves monitoring over 1,500 pieces of rotating equipment.
Shanwo Heavy Industry Machinery is launching a project to produce 10,000 loaders per year at a new site in Qingzhou, Shandong, by repurposing idle land at the Caterpillar Mihe Industrial Park. Construction and workshop renovation are expected to be completed by May, with production starting in July.
Cargotec plans to establish a 50/50 joint venture with China National Heavy Duty Truck Group (CNHTC) to expand its load handling presence in China. Total investment over several years is around EUR 100 million, with Cargotec's first-year equity investment approximately EUR 10 million.
Funds managed by CapMan and Rautaruukki Corporation have combined units of Komas and Ruukki's Engineering division to form Fortaco, a new company expected to generate €270 million in turnover and employ 2,600 people.
Trelleborg signed an agreement to acquire Maine Industrial Tire, a U.S. leader in solid tires for forklifts, with annual sales of approximately SEK 600 M. Completion expected in Q4 2012.
Sinotruk Hiab (Shandong) Equipment Co., Ltd, a 50/50 joint venture between Hiab (Cargotec) and China National Heavy Duty Truck Group, celebrated its official inauguration in TaiAn, Shandong province, China. The JV was established in November 2013.