Comrod Communication AS acquired a 75% share in Sørskår Mekaniske Verksted AS, a key supplier of mechanical services including robotization. The Sørskår workshop will be relocated to Comrod at Tau in a new 3,000 sqm building to be completed by June 2020.
Bunting is expanding its manufacturing plant and offices at the Redditch site in the UK, increasing factory floor space by 50% and office space by over 50%. The expansion started in November 2019 and is expected to be completed by Autumn 2020.
Isostatic Toll Services Bilbao SL officially opens a new Hot Isostatic Pressing facility in Abanto Zierbena, Biscay, Spain, with a total investment of €14 million ($15.5 million). The plant features an AIP52 HIP unit, with a second identical system to be installed by December 2020.
Bunting Magnetics is expanding its manufacturing plant and offices at its Redditch site near Birmingham, UK, increasing factory floor space by 50% and office space by over 50%. The investment includes roof replacement and a new Centre of Excellence laboratory, with completion by autumn 2020.
Hoban TBM was awarded a KRW 102.9 billion contract for the Gripper TBM construction of Section 5 of the GTX-A railway line in Seoul, South Korea, covering a 4.4 km tunnel between Yeonsinnae and Seoul Station.
AGCO will invest an additional €40 million to expand its Beauvais, France site, adding 200 new jobs. The expansion includes a tractor customization workshop, additive manufacturing facility, and in-house production of hydraulic pipes. The site will become the global home of the Massey Ferguson brand.
LiuGong Dressta Machinery in Stalowa Wola, Poland, plans to double its production capacity by 2023 through new investments totaling €10 million in production, R&D, and new models of construction equipment.
Rapid Application Group held an opening ceremony for its new 15,000 ft² additive manufacturing facility at its headquarters in Broken Arrow, Oklahoma, as part of its growth strategy.
PROFILY, s.r.o. by ES Rubber group is investing over €500,000 in a new extrusion silicone line at its plant in Vítkov, Czech Republic, expected to start production in April 2020.
Fosber confirms the sale of a 2.8m S/Line 420 corrugator to PCM for their Ciudad Juarez factory.
RPM International Inc. announced that its Rust-Oleum business has acquired Ali Industries LLC, a manufacturer of sandpaper and other abrasives.
Linde Hydraulics opened a new production plant in Weifang, China, a 36,000m² facility for assembling high-pressure pumps, motors and valve technology, with capacity of 100,000 units per year.
Biewer Lumber expanded its sawmill in Newton, Mississippi, with a new 170-foot 25-ton log crane from Fulghum Industries, expected to increase mill production by over 100 million board feet per year and create over 30 new jobs.
Parker Hannifin is expanding its R&D capabilities for advanced hollow fiber filter membranes at the Parker Filtration Innovation Center in Columbia, Tennessee. Construction on a pilot line begins in late January 2020, with completion by end of 2020.
Craigavon-based engineering firm Foxano invested £500,000 to build a new 6,000 sq ft plant and buy new machinery, creating six jobs. The investment was supported by Danske Bank.
Bobst Group SA and CITO-SYSTEM GmbH have entered exclusive negotiations regarding a potential joint venture, with Bobst planning to acquire a majority holding in CITO. The transaction is expected to close in Q1 2020.
Atlas Copco acquired Hydra Flow West, a distributor of spare parts and accessories for compressor service based in Walnut, California. The purchase price was not disclosed. The announcement was made on January 16, 2020.
OSG Corporation continued its investment plan at Somta Tools in Pietermaritzburg, South Africa, with a R60 million investment announced in 2019 and implemented from June 2019. The investment included new machines and quality measurement solutions.
Chiron Group officially opened its new Precision Factory in Neuhausen, Germany, a €34.5 million greenfield plant for assembling high-precision machining centers with a capacity of 400 units per year.
EMAG Group acquired CNC-Technik Weiss GmbH, a developer of cylindrical grinding machines based in Neckartailfingen, to expand its grinding technology portfolio.
VEGA Americas acquired about 50 acres in Mason, Ohio's Research and Development Park for a new North American headquarters and advanced manufacturing facility.
Rostselmash is building a new tractor plant on a 14ha site in Rostov-on-Don, Russia, costing an estimated £30 million. The facility will have a production area of 42,000m² and is expected to be operational by 2023.
Douglas Machine is planning a $3.8 million addition to its facility at 3404 Iowa Street in Alexandria, Minnesota, adding about 45,900 square feet of warehouse, manufacturing and office space. The expansion is expected to add 15 full-time employees within two years.
MDF Industries Inc. acquired O'Hara Machine and Tool, a precision manufacturing company, on August 1, 2023. The acquisition aims to expand MDF's capabilities and competitiveness.
Brazilian container glassmaker Vidroporto has appointed Fives Stein for an expansion project at its IVN site in Estância, Sergipe, to increase production to 370 tons per day of molten glass, including a new high-speed production line.
Ingersoll Machine Tools, a Camozzi Group subsidiary, has been awarded a contract by GMTO Corporation to design and manufacture the 1,300-ton precision steel optical support structure for the Giant Magellan Telescope, with an investment of $135 million.
Grillex, formerly Unisite Group, will build a new $3 million manufacturing facility in the Kensington industrial area near Bundaberg Airport, creating 15 new jobs. The 2,680 square metre warehouse and office complex will feature the latest manufacturing technologies.
Jereh won a contract worth $30 million to design and supply large gas-engine compressor units for a gas processing project near Yakutsk, Russia, designed for extreme cold down to -60 C.
A high-tech plant for the production of metal-cutting machines will be opened in May 2020 near Kuklen, Bulgaria. The company, with German and Turkish capital, has invested 10 million leva in the facility, which will employ 100 people.
Woodward, Inc. and Hexcel Corporation announced a definitive agreement to combine in an all-stock merger of equals to create a premier integrated systems provider serving the aerospace and industrial sectors. The combined company will be named Woodward Hexcel.
Poma invested over one million euros in a new precision machining machine at its industrial site in Gilly-sur-Isère, France, as part of ongoing investments in the Terre-Neuve zone.
DeWys Mfg. Inc. is completing a 35,000-sq.-ft. building expansion to house its new Stainless Solutions business unit, which will produce stainless steel and aluminum parts. The expansion includes new equipment such as a Lissmac deburring machine, a 4,000-W laser, and an Amada press brake.
Reich-cK, a manufacturer of rubber and metal components for power generators, is expanding its plant in Bytom, Poland, by adding 1,800 m² to its existing 1,200 m² facility. The expansion includes geothermal heating and solar panel preparation, with completion expected by September 2020.
CIE Automotive Group acquired Italy-based gears specialist Somaschini, which has nearly 300 employees and three production plants in Italy and the US, for €79.6 million.
Liebherr-Baumaschinen Vertriebs und Service GmbH has acquired Libero Baumaschinen GmbH & Co.KG and Libero Bau und Industriemaschinen GmbH, taking over Libero's earthmoving business activities, sales and service network, and all employees.
Valmet will supply an Advantage DCT100HS tissue production line, including de-inking plant and automation, to Alas Doradas in El Salvador. The line will add 35,000 tons per year of tissue paper, with start-up planned for first half of 2021.
Thermal Solutions Manufacturing (TSM), a portfolio company of Altus Capital Partners, acquired Alfa Laval Champ, a specialty provider of tubular heat exchangers for marine and industrial markets. The acquisition adds production capacity and engineering support.
Milwaukee Tools held a groundbreaking ceremony for a new manufacturing plant in Global Park Laguna, Torreón, Coahuila, Mexico. The $83 million investment is expected to create over 2,600 jobs, with operations starting in April 2020.
Valmet will supply an Advantage DCT100HS tissue production line with a de-inking plant and automation package to Alas Doradas in El Salvador. The line adds 35,000 tons of tissue paper per year, with start-up planned for the first half of 2021; the value was not disclosed.
Pye-Barker Engineered Solutions acquired Florida Air Technologies, LLC of Orlando, taking over its compressed air equipment, vacuum pumps and repair parts. All employees keep their jobs, and the deal was announced on January 9, 2020.
Techtronic Industries (TTI) will invest $650 million in a new cordless power equipment plant in Ho Chi Minh City's Saigon High-Tech Park, with an initial registered capital of $180 million.
Cibes Lift Group acquired full ownership of its Austrian partner GS-Aufzüge Cibes GmbH on January 7, 2020, to strengthen its position in Austria and German-speaking countries.
Bobst Group SA has entered into exclusive negotiations to acquire a majority participation in CITO-SYSTEM GmbH, a tooling company for packaging production. The closing is expected in Q1 2020.
ACON Investments acquired Pine Environmental Services LLC, the largest independent provider of environmental test and measurement equipment solutions in North America. The management team of Pine will be significant shareholders alongside ACON.
MJ Allen strengthened its relationship with Heller UK by ordering two new Heller H4000 machining centres after Ford doubled its order for transit van gearboxes.
DEUTZ and SANY announced that their joint venture agreement for shared engine production in China has come into effect, with a new factory in Changsha, Hunan, planned to produce around 75,000 engines in 2022, with production starting in 2021.
Shanghai Eternal Machinery Co., Ltd (Eterna), a member of Bobst Group, acquired 70% of the equity of Yancheng Hongjing Machinery Technology Co., Ltd on January 6, 2020. Hongjing will become the competence center for folder-gluers of Eterna.
Warburg Pincus agreed to acquire Sundyne, a maker of centrifugal pumps and compressors, from BC Partners and The Carlyle Group. Terms were not disclosed and management under CEO Mark Sefcik will continue.
Sache Huachen Machinery (Suzhou) Co., Ltd. signed a project for a tire smart factory integrated system machinery production project in Kunshan, with a total investment of 550 million yuan.
Holmatro Group, a supplier of hydraulic equipment for rescue, industrial and special tactics applications, has joined Madison Industries, a privately held company. The acquisition aligns with both companies' missions.