SOCO Machinery announced it will invest NTD 1 billion to establish a sheet metal laser cutting machine manufacturing base in Nangang Industrial Zone, Nantou, Taiwan. The plant covers 3,000 square meters and is expected to start operations in 2022.
Ho Ho Mechanical (和和機械) announced a TWD 1 billion investment to build a 3,000 ping (approx. 10,000 sqm) plant in Nantou's Nangang Industrial Zone for sheet metal laser cutting machines, with production starting in 2022.
Netzsch acquired the Kinexus rotational rheometers and Rosand capillary rheometers product lines from Malvern Panalytical Ltd. Netzsch will manufacture all instruments and handle worldwide sales and support.
Alpine Metal Tech GmbH, part of Montana Tech Components, acquired 100% of IMT Intermato S.p.A., a global leader in vertical lathes for light-alloy wheel machining. Closing is expected in the coming weeks.
Weber Fibertech GmbH acquired PME fluidtec GmbH, a manufacturer of fluid assisted injection molding machines, with retroactive effect from January 1, 2020. PME fluidtec will continue to operate independently in Ettenheim, Germany.
REM-Machinetools, a Romanian manufacturer of vertical lathes, acquired traditional machine tool manufacturer UMARO. The acquisition aims to combine expertise in machine tools.
Douglas Machine Shop, Inc., a custom metal fabricator and machine shop, plans to expand its operations in Chesterfield County, South Carolina, with a $2.5 million investment creating 13 new jobs. The expansion will add 8,000 square feet and is expected to be completed by mid-March 2020.
Lechler plans to build a new logistics center and expand production at its headquarters in Metzingen, Germany, with an investment of over 19 million euros. The official groundbreaking took place in early February 2020, and the building is expected to be ready in late summer 2021.
PGI Steel recently purchased a new Doosan DBM 2540 double column machining center for its Birmingham, Alabama facility. The machine is expected to be installed and producing in Q2 2020.
United Gear & Machine Co., Inc. is adding nearly 8,000 sq ft of new manufacturing space at its South Suffield, Connecticut facility. Three new CNC gear shapers are on order and will arrive when the building is finished later in spring 2020.
Simmons Machine Tool Corporation received a nearly $14 million contract for wheel reprofiling machines, including five new Stanray TN-84C Wheel Truing Machines, a Stanray M3 Underfloor Wheel Truing Machine, and upgrades to four existing machines. It is the largest machine order in company history.
Samuel, Son & Co. acquired all remaining shares of Burloak Technologies, an additive manufacturing company. Samuel had originally acquired a minority stake in 2017.
Futura has received the first two orders for its newly launched Together converting and packaging lines. The clients are confidential and start-up is due at the end of 2020.
Robert Bosch Packaging Technology has been renamed Syntegon Technology and is now owned by CVC Capital Partners, continuing operations with the same management.
Terex announced the merger of its Tower and Rough Terrain crane operations into its Materials Processing division. Marco Gentilini will report to Kieran Hegarty, president of Materials Processing.
ANDRITZ was selected by UPM to supply the main process equipment for a new 2.1 million tonne per year eucalyptus pulp mill near Paso de los Toros, Uruguay. Start-up is scheduled for the second half of 2022.
Tooling Tech Group announced the completion of a 14,000 sq. ft. expansion at its TTG Automation facility in Temperance, Michigan, bringing total size to 59,000 sq. ft., on February 10, 2020.
Euroma Group announced the acquisition of UNISTAND SRL, a company with over 60 years of experience in machining systems and assembly benches, on February 10, 2020.
Italian company FAE has reached a distribution agreement with AG-Group for the distribution of FAE's forestry mulchers and related equipment in the Spanish market.
KAMIC Group AB has acquired all shares in The Liftsafe Group of Companies, a Canadian specialist in lifting and safety equipment, with approximately 130 employees and sales of SEK 160 million.
Schumacher Packaging signed a subscription contract with Heidelberger Druckmaschinen for a Speedmaster XL145-6+LX large-format press with logistics, consumables and service at its Forchheim, Bavaria site. The agreement was reported on February 10, 2020.
Intertape Polymer Group agreed to acquire substantially all operating assets of Nortech Packaging, a maker of automated packaging machines near Chicago, Illinois, for about $36.5 million in cash plus potential earn-out. The deal was announced on February 10, 2020.
Serck, part of Unipart Group, won a £1.7 million contract from Dubai-based EPC contractor Global Process Systems to deliver 19 shell and tube heat exchangers for a £152 million expansion project in the Niger Delta for a Nigerian oil company.
Aviva, an IKEA supplier, has awarded a fast-track general contractor contract to Wincon to build a 7,000 sqm wood panel production unit in Sighetu Marmatiei, Romania.
Phase Motion Control Ningbo Ltd. acquired a majority stake in OSAIcnc S.r.l., a leader in motion control and CNC systems, from Prima Electro S.p.A. The deal includes ancillary agreements for future cooperation.
TOMCO2 Systems acquired the operating assets of CO2 Air used in its dry ice production equipment business. The deal was reported on February 7, 2020.
PMC Hydraulics extended its production facilities in India to 1650 square meters in February 2020, adding storage, a larger machine shop and assembly and testing areas. The company expects production capacity to rise by up to 25%.
Komori has signed a deal to acquire MBO Group, a German paper folding machine manufacturer, to make it a subsidiary and expand its post-press solutions.
The Voilàp group has finalized an agreement to purchase 80% of the share capital of Mecal, an Italian manufacturer of machinery for processing aluminum and light alloys. Full implementation is planned for the first quarter of 2020.
Bourgault Industries added 184,000 square feet of production area to its manufacturing facility in St. Brieux, Saskatchewan, to consolidate tillage product line and increase efficiency.
Lehner, a manufacturer of 12-volt spreading technology, plans to build a new 55m x 50m facility for production, warehouse and offices on a 15,000 sqm site in Westerstetten, Germany. The investment is about €5 million, with construction starting in spring 2018 and completion in autumn 2018.
Prodem Attachments opened its first office in France, located in Valence, and appointed David Vallet as sales manager to serve the French market.
Hydro Extrusion North America awarded Danieli Breda a contract for a 60-MN front-loading direct extrusion press for its Phoenix, AZ facility. The press will be the largest aluminium extrusion press on the U.S. West Coast.
Estun Automation's wholly-owned subsidiary Dynacon Industrial Limited acquired 100% of TRIO MOTION TECHNOLOGY LIMITED, a UK-based motion control company, for £15.5 million in cash. The acquisition aims to strengthen Estun's core control components and expand its global presence.
Podemkran has applied for a grant to fund a project to expand production capacity at its Gabrovo facility for crane components, cranes and hoists. The total investment is planned at BGN 1,656,601.72, with BGN 993,961.03 in grant funding.
Dana has opened a nearly 32,000 square-foot facility in Slidell, Louisiana for the repair, service and assembly of industrial gearboxes, including custom gear-making up to 6.5 feet. The facility replaces the company's current operations in Slidell.
KAEFER Group has acquired Wood's industrial services business in the UK and Ireland from John Wood Group PLC. The business employs approximately 2,000 people at 16 locations and will be merged with KAEFER Ltd.
Sata of Valperga has acquired the Rivarolo Canavese plant from Eaton, securing 62 jobs. The plant will be renamed Sata-Rivarolo.
Morris Site Machinery has acquired 3.5 acres of land on the i54 industrial park near Wolverhampton to build a new £6 million factory with 67,000 sq ft of manufacturing and office space. Construction has started and is expected to take one year.
Amada America completed the build-out of a new 261,700-square-foot sheet metal manufacturing facility in High Point, North Carolina, which will generate approximately 200 jobs and initially assemble press brakes and automation systems.
Molson Green, the specialist recycling and material handling division of Molson Group, has expanded its agreement with Sennebogen to supply scrap metal and port handling machines throughout the UK. This expands their existing distribution rights from waste, timber and demolition sectors.
On February 4th, 2020, North American Tool, a tap designer and provider of special taps and threading tools, was acquired by GWS Tool Group. Terms of the agreement were not disclosed.
BellandTechnology AG, a producer of high-performance thermoplastics, has acquired Xioneer Systems GmbH, an industrial 3D printer manufacturer. The merger combines Belland's materials expertise with Xioneer's 3D printing know-how to expand in the additive manufacturing market.
Niles Steel Tank, a subsidiary of Bradford White Corporation, completed an 85,000 square foot expansion for its Alloy Works facility in Niles, Michigan, to produce stainless steel and alloy products for multiple industries.
HEPACO, a portfolio company of Gryphon Investors, acquired Evergreen AES Environmental Services, an environmental contractor specializing in emergency response, remediation, industrial services, and waste management. The combined company will have nearly 850 employees and 49 locations.
Alta Equipment Holdings signed definitive agreements to acquire Liftech Equipment Companies and FlaglerCE Holdings, expected to add over $220 million in annual revenue.
Safran Electronics & Defense and Safran Reosc inaugurated a new factory in Poitiers, France, dedicated to manufacturing the M1 mirror segments for the Extremely Large Telescope (ELT). The facility uses advanced manufacturing technologies to produce 931 segments for the telescope, which is scheduled for first light in 2025.
Carter Machinery, a Caterpillar dealer based in Salem, Virginia, announced an agreement to acquire the assets of Baltimore-based Alban Tractor Co. The acquisition will expand Carter's service territory to include Maryland, Delaware, Virginia, and Washington, D.C. Terms were not disclosed.
Yleiselektroniikka Oyj signed an agreement to acquire all shares in Machinery Group Oy for a cash consideration of EUR 18.750 million. The acquisition is conditional on approval by an extraordinary general meeting expected on 2 March 2020.
Permsky Zavod Metallobrabatyvayushchikh Tsentrov (PZMC) signed a contract worth over 100 million rubles to supply ten high-precision PROTON T500/1000 Maximum CNC lathes to Moscow Machine-Building Enterprise named after V.V. Chernyshev. The shipment occurred in late January 2020.