Carpenter Technology Corp. opened its new Emerging Technology Center (ETC) at its production campus in Athens, Alabama, with an investment of approximately $40 million, expected to create about 60 jobs over five years.
Germany-based Sauer Compressors and Norwegian manufacturer TMC have entered a strategic partnership to develop compressor solutions for shipping and offshore applications, covering their full compressed air and gas product range.
ACEA Produzione awarded RIEM Service S.r.l. a EUR 69,000 direct-award contract to supply and install three inverter compressors at the Tor di Valle power plant in Rome. The award was dated 4 December 2019.
Italthai Industrial Co and Japan's Tadano Ltd formed a joint venture, Tadano Italthai Ltd, to sell Tadano cranes in Cambodia, Laos, Myanmar, Vietnam and Thailand, targeting sales of 1 billion baht in 2020.
MSI Mold Builders announced plans to expand its operations in Greenville County, South Carolina, with a more than $2.5 million investment expected to create six new jobs. The expansion will increase capacity for plastic injection mold manufacturing.
SMS group was awarded a contract to supply a 45-MN aluminium extrusion press to Constellium Singen GmbH in Germany. The press will be installed in a new production hall at the Singen site to expand production capacity of high-quality aluminium profiles, with commissioning scheduled for summer 2020.
Mikrosam signed a contract with GKN Fokker to deliver an Automated Fiber Placement (AFP) machine, slitting equipment, and a thermoplastic consolidating machine for advanced thermoplastic composite manufacturing of aircraft parts.
Doosan Bobcat Inc. announced plans to acquire the assets of BOB-CAT Mowers, Steiner and Ryan brands of ground care equipment from Schiller Grounds Care, Inc., including a manufacturing facility in Johnson Creek, Wisconsin. The transaction is expected to close by Dec. 31, 2019.
Stera Technologies Oy acquired the business operations of CM-Tools Oy's Vaasa unit, including its tool design and manufacturing operations, effective 1 December 2019.
Minprovise opened a new workshop in Karratha, Western Australia, located 5 km from the airport. The facility is 1,000 square metres with a 10-tonne overhead crane and 5,000 square metres hardstand area, supporting fabrication, welding, machining and maintenance services for Pilbara clients.
RCI signed a definitive agreement to acquire the Ag-Bag product line from CNH Industrial America. The acquisition is effective November 25, 2019, and operations will relocate to RCI's facilities in Mayville, Wisconsin.
Ringtons automated coffee production at its Newcastle-upon-Tyne factory with PFM Packaging Machinery, boosting output. The reported date is December 2, 2019.
WTO GmbH acquired SFI, a small manufacturer of innovative turbine-driven 'Ultra-High-Speed' tool holders in Israel, in December 2019 to expand its product range.
Sigma Electric, a global manufacturer of precision engineered metal components, announced the acquisition of Tooling Dynamics, a US manufacturer of high volume precision metal stamping and Swiss screw machining.
Danobat announced the acquisition of Dutch company Hembrug Machine Tools, which specializes in precision hard turning technology. Hembrug had a turnover of over EUR 14 million in 2018.
The Japanese OSG Group acquired MAG Coldforming Technology in Eislingen, Germany, to expand its cold forming business. The operations will continue under the new company OSG EX-CELL-O GmbH.
Ingersoll Machine Tools and Innse-Berardi, both part of Camozzi Group, have partnered to operate as one company, combining resources in composite manufacturing and metalcutting machine tools.
Eaton's Omega plant in Mexico expanded its production with a dual paint line, investing $8.7 million and creating 200 new jobs.
Seco Tools, a division of Sandvik Machining Solutions, agreed to acquire the cutting tools division of QUIMMCO CENTRO TECNOLÓGICO (QCT), a Mexican company. The deal is expected to close no later than Q2 2020.
Honeywell acquired Rebellion Photonics, a Houston-based provider of intelligent, automated visual gas monitoring solutions for the oil and gas, petrochemical, and power industries.
Fabio Perini announced a partnership with DM Pack, an Italian packaging machinery specialist, to complete its AfH packaging division and offer packaging machinery for consumer and AfH sectors.
ABEL GmbH installed a new horizontal machining center (Mori Seiki NHX 6300) at its Büchen, Germany site in December 2019, after renovating part of hall 2 to support it.
Coprtec Systeme GmbH invested in a larger wastewater plant from Walther Trowal to expand vibratory grinding capacity by more than 50% at its facility in Obergünzburg, Germany.
Egypt's Specialized Contracting Company Cranes purchased a used LR1400/2 crawler crane from Liebherr. The 400-tonne crane will be used in power plant projects, wind farm erection, and bridge construction.
Shenyang Zhongjie Aerospace Machine Tool Co., Ltd. delivered the first domestic vertical five-axis machining center production line for titanium alloy processing, consisting of three VMC35120u machining centers and an automatic workpiece exchange system, with a total contract value of nearly 20 million yuan.
Glaston Corporation (owner of Bystronic glass) and Hegla terminated their co-operation agreement, effective by the end of 2019, due to changes in each company's competitive positions.
IFA acquired Doncasters Precision Forge from the Doncasters Group on November 29, 2019, and rebranded it as IFA Precision Forge. The deal increased IFA's site size threefold to 680,000 sq. ft and expanded its capabilities to include closed-die forging.
Alvarin Metalli installed a new TOS WRD 130Q CNC drilling machine at its hall in Karviankylä, Finland, as part of massive investments. The machine has double tables and can machine workpieces over 13 meters.
The Competition Commission of India approved Mitsubishi Heavy Industries' acquisition of the remaining 49% stake in Primetals Technologies from Siemens AG, giving MHI 100% ownership.
The Competition Commission of India approved the acquisition by Mitsubishi-Hitachi Metals Machinery (MHMM) of the remaining 49% stake in Primetals Technologies from Siemens AG. After the deal, MHI will own 100% of Primetals Technologies.
NRW Holdings confirmed it will buy BGC Contracting in a deal valuing the target at $310 million enterprise value, with an equity value of $116.4 million, to expand its mining technologies and services.
Russian trading holding Forte announced plans to build a large pump manufacturing plant near Azov, Rostov region, in cooperation with Italian firm S.A.I.P., at an estimated cost of €40 million. The holding has acquired a site of over 100,000 sq m and targets production launch by mid-2021, with up to 700 jobs.
Wandt Werkzeug- und Maschinenbau GmbH broke ground on a new production facility in Wanfried, Germany, with an investment of €3.2 million. The plant will cover 2,200 square meters and is expected to be completed by autumn 2020, creating about 30 jobs.
Jones Engineering Group opened a new 83,000 sq ft manufacturing and research plant in Carlow, Ireland, creating 50 jobs with plans to grow to 150. The investment is €7 million.
Jaguar Compressors, a division of Xiamen East Asia Machinery Industry Company, ordered a Holroyd TG350E rotor grinding machine for £1.3 million. The machine will be shipped to Jaguar's Xiamen facility in mid-2020.
Italian automotive supplier Benacchio has opted for a 2,000-tonne underfloor drive TwinServo press from Schuler, including coil line and transfer unit, to expand its portfolio and service offerings.
Durham County Council awarded Automatic Flare Systems a contract to design, supply, install and commission a containerised air compressor for the leachate collection system at Todhills Closed Landfill Site, with a total value of £26,650. The contract runs from December 2019 to March 2026.
AgriVision Equipment Group, a John Deere dealer, plans to build its largest facility yet on 15 acres in Sioux Center, Iowa. The city council approved the land sale for $495,000 at its Nov. 26, 2019 meeting, with groundbreaking expected in spring 2020.
Schindler announced a multi-year contract with the San Francisco Bay Area Rapid Transit District (BART) to replace and install 41 escalators at four downtown stations. The project is expected to begin in spring 2020.
United Aero Group, a supplier of aviation spare parts and support services, announced it has joined the BrightWater Aviation group of companies. The acquisition was announced on November 26, 2019.
Grenzebach Group agreed to acquire CNUD EFCO GFT, the float glass engineering division of BMT Group, which provides annealing lehrs and tin bath solutions for glass production.
Italian automotive supplier Benacchio has ordered a 2,000-ton underfloor drive TwinServo press including coil line and transfer unit from Schuler. The press will be installed at Benacchio's facility in Cartigliano, Italy.
Italian automotive supplier Benacchio has ordered a 2,000-ton underfloor drive TwinServo press including coil line and transfer unit from Schuler for its facility in Cartigliano, Italy.
Vidroporto will increase production by 70% at its Indústria Videira do Nordeste (IVN) site in Sergipe, Estância, Brazil, raising capacity to 370 tonnes per day. The company will invest BRZ 100 million ($23.8 million) and add a new 48-section robotic forming machine.
Tokyo Seimitsu Co. (ACCRETECH), through its subsidiaries Tosei Engineering Corp. and Tosei America, has acquired the SBS balancer product line from Schmitt Industries Inc. The acquisition expands ACCRETECH's portfolio to include automatic and manual balancing products and acoustic emissions sensor solutions.
Indian customers visited Hoton Machine's factory and signed a contract for five T8018A cylinder boring machines, with a deposit paid on site on November 25, 2019.
Chiron Group celebrated the official opening of its new Precision Factory in Neuhausen, Germany, a $38 million, 150,000-square-foot greenfield plant for assembly of the new 16 and 25 series machining centers, with a maximum annual capacity of 400 units.
Cook Compression, part of Dover, was awarded a multi-year contract by ISAB S.r.l, a Lukoil unit, to recondition and upgrade valves and actuators for 27 compressors at its Syracuse refineries. Cook also opened a satellite service center in Sicily to support the contract.
The groundbreaking ceremony for NGC Transmission India's new factory in Sri City Industrial Park, Andhra Pradesh, India was held on November 24, 2019. The project covers 41,600 square meters and includes a manufacturing plant and auxiliary buildings.
NORD DRIVESYSTEMS expanded its facility in Hinjewadi, Pune, India, adding a third facility for production of large gearbox assemblies and a larger warehouse. The expansion was inaugurated on November 22, 2019.