SEPAC and Placid Industries completed their merger, consolidating operations at SEPAC's headquarters in Elmira, NY. The merger combines their product lines of electromagnetic clutches and brakes and magnetic particle brakes and clutches.
Doosan Bobcat EMEA opened a new EUR 10 million headquarters building at its Dobříš campus, housing 200 employees. The company also plans to increase production by 20% in 2019.
Kobelco launched its next-generation SK75SR-7 and SK85MSR-7 midi excavators with improved performance, efficiency, and operator comfort.
Linsinger Maschinenbau, a rail milling machine manufacturer, will expand its Steyrermühl site with two production halls and a test track. The company expects 75 million euros in revenue this fiscal year and has hired 99 employees in 2019.
TBI Manufacturing announced an increase in its manufacturing facility, adding 20,000 sq ft of manufacturing area.
SATI, a manufacturer of transmission products, has been acquired by the Megadyne Group, an Italian manufacturer of belts with plants worldwide.
Continental Mixers, part of Commercial Specialty Truck Holdings, acquired the concrete mixer division of Kimble Manufacturing Company, expanding its product offering.
Endress+Hauser, with its representative Vector Controls and Automation Group, has secured a Main Instrument Vendor (MIV) contract at a large Texas refinery to provide a total solution for field devices and valves.
Family Office Evolem announced a majority stake in RX Solutions, a manufacturer of X-ray tomography equipment and services based in Annecy, France. The company specializes in non-destructive testing for industries such as automotive, aerospace, electronics, and micro-mechanics.
Murphy Company acquired the Northern Business Center in Thornton, Colorado, and plans to transform the manufacturing area into 90,000 square feet of fabrication space, more than doubling its fabrication and manufacturing capacity. The company will relocate most Colorado employees to the building's 40,000 square feet of office space by January 2021.
Apache Industrial Services completed a transaction involving its sale to Quantum Capital and a simultaneous merger with Skyway Canada, forming a new organization with approximately $500 million in revenues and over 4,000 skilled craftsmen.
Gammon Construction, a joint venture of Balfour Beatty, was awarded a HK$4.75 billion ($605 million) contract by the Hong Kong Science & Technology Parks Corporation to deliver an advanced manufacturing centre (AMC) in Hong Kong. The project is expected to be completed in 2021.
Sydenstricker Implement Co. and Wm. Nobbe & Co., two family-owned John Deere dealer groups, have announced plans to merge to form Sydenstricker-Nobbe Partners. The combined entity will operate 26 dealerships in Missouri and Illinois starting January 2020.
Henkel and Shapeways announced a partnership to expand capabilities for industrial large-scale additive manufacturing.
Samsung Heavy Industries won a contract from Evergreen to build six 23,000 TEU container ships worth approximately 1.1 trillion won ($920 million).
Tri Tool, which designs and builds equipment for the automotive, office furniture and medical industries, plans to invest $694,546 over three years in a 6,000-square-foot expansion for its manufacturing and warehouse operations in Holland, Michigan. The project is expected to create five jobs.
Big Dutchman, a producer of equipment for egg, poultry and pig farming, plans to invest $473,861 over three years in an expansion project at its headquarters in Holland, Michigan. The project is expected to create 24 jobs.
Holroyd received an order from Jaguar Compressors for a TG350E precision grinding machine, valued at £1.3 million, to be shipped to Xiamen, China in mid-2020.
SKF Group agreed to acquire Haifa-based Presenso Ltd., a developer of predictive machine learning algorithms for anticipating industrial machine failures. Financial details were not disclosed. All Presenso employees will be integrated into SKF.
Halter CNC Automation and Fastems have established a joint venture, Halter CNC Automation GmbH, in Issum, Germany, to produce the Halter Load Assistant robotic system for CNC machines.
Alma Automotive announced the acquisition of 100% of the shares of Borghi & Saveri, a historic manufacturer of engine test benches based in Bologna, Italy. The acquisition aims to strengthen Borghi & Saveri's positioning in the evolving automotive market.
Seequent, a geoscience technology company, announced the acquisition of GEOSLOPE, a Canadian developer of geotechnical analysis software GeoStudio. The deal brings together geoscience tech solutions for engineering and design workflows.
Zoomlion has established a new mobile crane production line in Italy, entirely designed and built locally, marking a return of Italian manufacturing in the sector. The line is part of three production lines (forklifts, tower cranes, mobile cranes) dedicated to the European market.
Sumitomo Construction Machinery will invest about 3.5 billion yen to build a new factory at its Indonesia plant in Karawang, West Java, increasing hydraulic excavator production capacity to 2,500 units per year. The new facility is expected to start operations in January 2021.
Sullair broke ground on a nearly $30 million expansion of its Michigan City, Indiana air compressor plant, including a new 80,000 sq ft facility. The company plans to hire at least 33 more employees.
AMI Attachments officially opened a new 4,200 square metre wing at its manufacturing facility in Hawkesville, Ontario, expanding the total footprint to over 9,300 square metres. The expansion includes higher ceilings for larger cranes and a heavy weld area for mining attachments.
Wamsler SE, a manufacturer of fireplaces and stoves, opened an automated production hall in Salgótarján, Hungary. The total investment cost was 3.6 billion forints (EUR 1.08 billion), with half contributed by the Hungarian government.
SAS Conect plans to invest €1 million to acquire and move into a former Manitowoc facility in La Clayette, France, adding 4,000 m² of building space and 12,000 m² of land to consolidate its production activities.
Waigaoqiao Shipbuilding awarded TMC Compressors of the Seas a contract to supply a marine compressed air system for the Liza Unity FPSO, to be deployed at the Liza field offshore Guyana. The contract value was not disclosed.
Plastic2Oil entered into an agreement with Nulixo on October 2, 2019, appointing Plastic2Oil as the exclusive supplier of plastic to oil processors for 20 years. Nulixo agreed to purchase at least eight processors over three years, with an initial order of two processors for $6 million.
GF Machining Solutions introduced the new AgieCharmilles Cut AM 500 horizontal wire EDM for cutting off additive-manufactured parts from build bases.
Precision Motors Deutsche Minebea GmbH, the European subsidiary of Minebea Mitsumi, acquired Mast Kunststoffe GmbH & Co. KG, a plastic processing company specializing in precision parts. The acquisition is subject to antitrust approval.
The Northern Ireland Fishery Harbour Authority awarded a £453,380 contract to Gea Refrigeration Ireland Ltd for the turnkey supply and installation of a 20-tonne-per-day ice-making plant at Portavogie Harbour.
Taiwan's Hiwin Corporation has acquired UK thread grinding machine builder Matrix Machine Tool. The acquisition has brought new investment, additional employment, and a move to a new 54,000 ft² factory in Coventry, UK, in October 2019.
Miba and Zollern launched a joint venture in the plain bearing business on October 1, 2019, with Miba taking industrial leadership. Three former Zollern bearing sites are being renamed as part of the venture.
Metso completed the acquisition of McCloskey International in October 2019, bringing together two mobile crushing and screening equipment manufacturers. McCloskey and its subsidiary Lippmann-Milwaukee will operate independently under Metso.
Miba and Zollern launched a joint venture in the bearings segment on October 1, 2019. Miba holds 74.9% and contributes five engine bearing plants; Zollern contributes one engine bearing and two industrial bearing plants.
Hugg & Hall Equipment Company and Scott Equipment Company entered into a strategic agreement to trade Volvo Construction Equipment territory in Arkansas and Toyota Material Handling territory in Louisiana, effective October 1, 2019.
Albwardy Damen has signed a deal with Schottel for the latter to supply a full propulsion package for the new Damen Multibuster 8020 vessel, to be built in the UAE. The first units will be ready in early 2021.
Mitsubishi-Hitachi Metals Machinery (MHMM) agreed to acquire Siemens' 49% stake in Primetals Technologies, making MHMM the sole owner. Closing is expected by early 2020. Financial details were not disclosed.
Toshiba Infrastructure Systems & Solutions received an order from the Bank of Taiwan to deliver 68 electric locomotives with spare parts to the Taiwan Railways Administration, valued at approximately 40 billion yen. Deliveries will start in 2022.
NC Holdings announced that its wholly owned subsidiary Nippon Conveyor Co., Ltd. has signed a basic agreement to acquire shares of Kansai Electric Industry Co., Ltd., making it a subsidiary.
AZZ Inc acquired all assets of Preferred Industries, a powder and e-coating service company with facilities in Rowlett and Terrell, Texas. The terms were not disclosed.
Motion Canada, a division of Motion Industries, agreed to acquire The Fluid Power House, an engineering-focused fluid power distributor with four Ontario locations, with execution on October 1, 2019.
HSD Engine signed a supply contract worth 54.9 billion won with Samsung Heavy Industries to supply marine engines. The deal equals 10.7% of HSD Engine's previous-year consolidated revenue.
Hydratec Industries is in advanced discussions to acquire a 75% interest in Stork Plastics Machinery and Rollepaal Holding from Wadinko. The combined annual revenue of the two companies is approximately €75 million.
Lontra opened the first purpose-built advanced manufacturing centre in Napton, Warwickshire, in partnership with Shield Group Engineering, as the first phase of a planned expansion of compressor manufacturing.
Antares Vision S.p.A. executed the acquisition of FT System S.r.l., an inspection and control systems company controlled by Arol, for the bottling and packaging sector, alongside an industrial partnership agreement. No value was disclosed.
Shanghai Waigaoqiao Shipbuilding awarded TMC Compressors of the Seas a contract to supply the marine compressed air system for the Liza Unity FPSO, which will operate in the Stabroek block offshore Guyana. The contract value was not disclosed.
Moog and Voith Group are negotiating a joint venture based in Rutesheim, Germany, to expand hydrostatic servo-hydraulics business in industrial markets, pending approvals.