Bengal Machine, parent company of Schutte Hammermill, acquired a majority interest in CSE Bliss Manufacturing, a hammer mill manufacturer in Ponca City, Oklahoma. Terms were not disclosed.
FKS Okucia Okienne i Drzwiowe opened a new assembly hall, increasing its plant area by 30% to boost production capacity and optimize logistics. The company produces about 25,000 window and door handles daily.
Valmet will deliver a cooking and fiberline to Tamil Nadu Newsprint and Papers Ltd. for its unit 2 in Mondipatti, India. The new pulp mill will have a capacity of 165,000 tons per year of bleached hardwood kraft pulp, with start-up planned for Q1 2021. The order value is typically EUR 20-30 million.
Gardner Denver completed its merger with the Ingersoll Rand Industrial segment on 29 February 2020, forming Ingersoll Rand Inc. with over 16,000 employees. The combined company makes air compressors, pumps, blowers and fluid management systems.
Manuli Rubber Industries completed the acquisition of a majority shareholding in RYCO Hydraulics, merging its Manuli Hydraulics and Fluiconnecto divisions into RYCO. The combined business has sales approaching €500 million.
Sartorius signed a contract worth 400 million yuan (approx. €50 million) with China's Rongchang Group for 34 production lines of bioprocess equipment, to be delivered over three years. The deal is the largest single order between the two companies.
Elektromontaż Wschód, part of Elmont Grupa, performed electrical and instrumentation works for a feed mixing plant owned by PZZ Wałcz in Piła, Poland, including delivery and installation of switchgear, transformers, and lighting.
Focke Meler Gluing Solutions inaugurated a new 7,500 m2 facility in the Arazuri-Orkoien industrial park, investing €7 million. The company plans to double its workforce from 160 to 320 employees and triple production to 7,500 machines per year by 2025.
Smurfit Kappa Brazil signed a contract in February 2020 with Polish supplier PMP for two Intelli-Jet V hydraulic headboxes for paper machine PM5 at its Uberaba mill in Minas Gerais, with delivery scheduled for Q4 2020.
Three Nebraska-based John Deere dealerships—Green Line Equipment, Stutheit Implement, and Plains Equipment Group—announced a merger to form AKRS Equipment Solutions, combining 27 dealerships across Nebraska and Kansas. The deal is expected to close by end of March 2020.
Nidec plans to more than triple its annual revenue to 5 trillion yen ($46 billion) by 2025, focusing on electric vehicle powertrains and acquisitions of motor-related technologies.
Caladrius Holding AB, owner of Hagabergs Mekaniska AB and O. Bodins Maskin AB, has signed a letter of intent to construct a new industrial building in Askersund, Sweden. The facility is scheduled to be ready in December 2020.
JOST Werke AG acquired Ålö AB, a supplier of front-end loaders for agricultural machinery, from Altor Funds for an enterprise value of €250 million.
CGS Machine & Tool Inc. plans to invest $2.75 million to renovate its facility and install new equipment in Bowling Green, Kentucky, creating up to 15 full-time jobs.
AVT Simulation was awarded a $31 million firm-fixed-price contract by the U.S. Army to design, develop, and support construction equipment virtual trainers for five types of equipment.
Seats Incorporated began production at a 112,400 square foot facility in Spring Hill, Kansas, to support its Turf division. 70 employees have been hired, with a ribbon cutting ceremony held on October 23.
Atlantis-Pak, a manufacturer of sausage casings, installed a Mark Andy Performance Series P7 flexo press in its label printing department in Rostov-on-Don, Russia. The press was delivered in 2018.
In 2019, Lomini implemented a project to increase production capacity at its plant in Vratsa, Bulgaria, by purchasing new equipment including a CNC milling machine, surface grinder, lathe, and injection molding machine.
USCO S.p.A., a portfolio company of One Equity Partners, acquired a 75% stake in Strickland Tracks Limited, a UK-based manufacturer of undercarriage crawler tracks. The acquisition allows USCO to enter the OEM segment for medium-low weight machines and expand its UK presence.
Retech Systems, a manufacturer of specialized furnaces for melting titanium, will relocate its corporate headquarters and operations from California to Buffalo's Northland campus, leasing 48,934 square feet and bringing 36 jobs with plans to grow to 80.
Saudi Aramco awarded Samsung Engineering a $1.85 billion EPC contract for the Hawiyah Unayzah Gas Reservoir Storage project in Hawiyah, Saudi Arabia. The scope includes a gas injection facility rated at 1,500 Mmscfd, a 2,000 Mmscfd gas reprocessing facility and compressors, with completion expected by 2023.
Maxcess International announced on January 28, 2020, that it would merge RotoMetrics into its umbrella, adding a rotary diecutting component to its web handling portfolio.
Loc Performance plans to open another manufacturing facility later in 2020, either in Texas or Michigan, as part of its ongoing expansion from 240,000 to 940,000 square feet.
As a result of the U.S. Army contract, Loc Performance will invest an additional $5 million into its facilities, including 11 new machine tools, two robotic assembly lines, and automated inspection, creating 40 new jobs.
Maxcess announced its intent to merge with RotoMetrics, combining their web handling and precision cutting die businesses under the Maxcess International name.
Sumitomo Construction Machinery will invest $33 million to build a second excavator factory in Karawang, West Java, Indonesia, with annual capacity of 2,500 units. The plant is expected to open in 2021.
Cook Compression, part of Dover, continues to build its Authorised Service Partner program to provide local repair and reconditioning of reciprocating compressor valves and packing for oil and gas and petrochemical customers worldwide.
WEG is starting a project to install a new low-voltage electric motor plant in Hosur, India, with investments of approximately US$20 million. The factory will have 13,000 sqm of facilities, capacity of about 250,000 motors per year, and is scheduled to start operating in 2021, creating about 320 new jobs.
Paul Maschinenfabrik in Dürmentingen has invested in a new SHW PowerSpeed 2000 machining center, one of its largest single-machine investments. The company plans to start production on the new machine in spring 2020.
MiTek has acquired US-based Hornet Saw Systems and related software by iN4 Solutions, Inc., broadening MiTek's automation solutions for component manufacturers.
GE Healthcare Life Sciences has invested $2 million in a new additive manufacturing facility in Umeå, Sweden, dedicated to serial production of 3D-printed parts for biomanufacturing equipment.
South Korean company Star Boiler signed a memorandum to build a plant in Almaty, Kazakhstan, for production of water heaters and industrial equipment. The total investment is $20 million, with a capacity of up to 6,000 units annually and creation of 300 new jobs.
Prodways Group, a French 3D printer manufacturer, acquired a minority stake in US-based XD Innovation, a Dassault Systèmes Platinum Business Partner, to set up XD Innovation Europe.
REM Group, a Romanian manufacturer of vertical lathes, has acquired UMARO, a well-established machine tool manufacturer. The acquisition aims to combine the expertise of both companies and strengthen REM's position in the machine tool industry in Romania.
Valmet will deliver key process islands including a fiber line, pulp drying line, evaporation plant, white liquor plant, and automation system for LD Celulose's new 500,000 ton/year dissolving pulp mill in Minas Gerais, Brazil.
Mitutoyo Corporation purchased the remaining 49% of Mitutoyo Leeport Metrology Corporation from Leeport Machine Tool Co., Ltd, becoming the sole shareholder.
Numalliance acquired the assets of Addition Manufacturing Technologies in the US and Mexico via a new company, AddEaton by Numalliance, including patents and brands.
Kramer-Werke GmbH, a Wacker Neuson subsidiary, is expanding its Pfullendorf plant with €20.5 million of investment, adding 8,800 m² of production space and raising wheel loader and telehandler capacity from 6,500 to over 8,300 units per year.
TMC Compressors was awarded a contract by Hyundai Heavy Industries to supply 21 air lubrication system compressors and a control system for seven LNG carriers being built for Capital Gas Corp. The equipment will be manufactured in Norway and shipped to Korea.
SANY completed a $500,000 expansion project adding 51,200 square feet of manufacturing space at its Atlanta, Georgia headquarters, increasing excavator production capacity to 45 SY215Cs per month.
Sheet metal subcontractor Inishowen Engineering invested €11 million in a new 160,000 sq. ft. factory in Drumfries, Ireland, and installed a three-machine Bystronic fiber laser cutting cell with automated sheet storage and handling system.
DMG MORI commissioned Lakshmi Machine Works (LMW) to start local production of the CMX600Vi vertical machining center in India. Production began on October 29, 2019, at a pace of 10 units per month.
Syntegon Technology supplied oral solid dosage manufacturing equipment, including granulation, tableting, coating and capsule filling machines, to Pharmax Pharmaceuticals for its new factory in Dubai. The plant has an annual capacity of over 200 million tablet and capsule dosage forms.
MAN Cryo, part of MAN Energy Solutions, signed a contract to supply LNG fuel-gas supply systems and MAN Energy Solutions will supply dual-fuel engines for two RoRo newbuildings at Yantai Raffles shipyard in China for Wallenius SOL. Delivery is scheduled for 2021.
Geoforce's Canadian subsidiary acquired substantially all assets of Trakopolis SaaS Corp., a provider of global traceability solutions for field equipment and vehicles, expanding Geoforce's presence in Canada.
Ase Utra has completed a new plant in the Jaama industrial area in Lehmo, Kontiolahti, doubling the company's production surface area and enabling automation investments and increased production capacity.
Cygnet Texkimp has supplied a 3,000-position 3D weaving creel to the Composites Centre at the University of Sheffield's Advanced Manufacturing Research Centre (AMRC). The creel will be used with a 3D jacquard loom for producing woven structures from carbon, ceramic and other technical fibres.
OOO Zavod Tyazhelykh Stankov Ulyanovsk, part of Czech group ALTA, will invest 150 million rubles in each of two stages to modernize OAO Ulyanovsky Zavod Tyazhelykh i Unikalnykh Stankov, owned by Rostok group. The first stage ends in August 2020, the second in 2021.
Danfoss, through its Indian subsidiary Danfoss Power Solutions, has invested about €15 million in a Pune facility manufacturing mobile hydraulics products such as electronic controls, pumps, valves and motors for construction, agriculture and off-highway vehicles. The article is dated January 2020.
Consolidated Machine & Tool Holdings, a portfolio company of White Wolf Capital, acquired RLS Machining, Mill Creek Machining, and Murphy Machine Products on January 15, 2020. The transactions closed simultaneously; details were not disclosed.