Formex Industries announced a R102 million investment to buy and upgrade a new facility in Struandale, Gqeberha, to supply VW South Africa with over 20 automotive components and buy a large auto transfer press.
EnerMech invested USD 30 million in new equipment including compressors, air dryers, nitrogen units and fluid pumps across its global locations. It also agreed a strategic deal with an air drilling services provider giving access to up to USD 15 million of equipment.
Maximator GmbH's hydrogen refueling station business is being spun off as Maximator Hydrogen GmbH in Nordhausen, Germany, backed by an investment of 18 million euros for plant expansion and product development.
Danfoss Power Solutions announced it is investing more than EUR 100 million in additional capital expenditure to support organic growth, including capacity increases and localization in its Hydrostatics division.
Hengli Hydraulic plans to issue new shares to as many as 35 institutional investors to raise CNY5 billion (USD773 million), with funds going to projects in Mexico, Changzhou and working capital.
Werner Pumps has installed and commissioned new Haas CNC machine tools at its Springs headquarters in South Africa, a R3 million investment that cut production time on some components by 50% or more.
Altonaer Wellpappenfabrik in Tornesch near Hamburg will replace its finished goods palletizing system in spring 2021 and add a fully automated 4-color inline folding box machine in the second half of 2021. The company says it is investing over 10 million euros in quality and productivity across 2020/21.
Kobe Steel announced on March 5, 2021 that it will transfer its standard compressor business to its wholly owned subsidiary Kobelco Compressors through a simplified absorption-type company split.
Parker Hannifin has installed an automation cell at its Sheffield, UK site that makes cryogenic valves, costing around US$500,000. The cell combines a bar feeder, a DMG MORI CNC lathe and an ABB Flexloader robot to cut setup times.
McKinley Paper will receive a $5 million state Local Economic Development Act grant to build a new boiler, water systems and wastewater treatment in McKinley County, New Mexico, retaining at least 125 jobs after its power supply closed.
Ribble Packaging completed a £3.5 million investment project, including a warehouse extension and new machinery such as the Unifold fanfold stacker, which raises its double-wall line speed from 170 to 220 metres per minute.
Puglia regional government approved Nuovo Pignone srl to present a definitive project for an investment of about €19.26 million at its Bari plant, with a regional grant of €6.74 million and four new jobs.
Atlas Copco will invest EUR 15 million per year to turn its Wilrijk, Flanders compressor factory, its largest site with 2,900 employees, into a smart factory. An additional EUR 10 million, including EUR 2 million from the Flanders government, will fund staff training.
Nidec Arisa recently moved into a new $30 million production facility in Navarrete, Spain, which will boost press production and remanufacturing. The facility is part of Nidec Press & Automation's global investment.
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.
CBS Packaging installed a new 2.5m BHS corrugator at its Birmingham plant as part of its continuing investment programme, reported October 18, 2019.
Ondulati Nordest, a corrugated sheet feeder near Venice, is investing EUR 20 million to add a second corrugator line from Fosber, after its existing Agnati line reached capacity.
German C-parts supplier CGOODS in Borgholzhausen has invested in a KOLBUS AutoBox corrugated cardboard system to produce packaging blanks in-house on demand.
As part of the first phase at its Sfântu Gheorghe site, Dunapack Rambox installed a Bobst flatbed die cutter with five HQ colours and a six-point Masterfold multipoint gluing machine to raise the complexity and quality of its shelf ready packaging.
Czech company Jihostroj and the Tatarstan Investment Development Agency agreed to build a hydraulic equipment plant in the Alabuga special economic zone, with planned output of 80,000 units per year, 500 million rubles of investment and 50 jobs, launch expected in 2019.
Bennett Packaging has installed a second Barberan Jetmaster digital press at its Lee's Summit, Missouri site, a 48-inch machine added to its existing 66-inch press.
Kruger is carrying out modernization projects at its LaSalle packaging plant and Place Turcot containerboard mill in Montreal, at a total cost of nearly $20 million, to be completed in 2018.
Russia's Fund for Industrial Development approved a preferential loan of 110 million rubles to Atomspetsservis to produce spiral heat exchanger surfaces weighing 10 to 40 tonnes in Volgodonsk. The company would become the only Russian and third global producer of such equipment.
St. Johns Packaging purchased a Comexi Nexus Dual laminator, installed in Ilkeston, Derbyshire in Q1 2021.
Alliance Packaging purchased an EFI Nozomi C18000 single-pass digital corrugated press for installation at its Seattle headquarters facility, with installation scheduled for completion in May 2018.
Hengli Hydraulic announced plans to invest 500 million yuan of its own funds in phase two of its hydraulic casting project in Wujin, Changzhou, adding 30,000 tonnes a year of capacity. The announcement was made on 28 February 2018 and the build takes one year.
BOC Australia unveiled a $15 million robot cylinder automation system at its Sydney Operations Centre, using a six-axis robot and turntables to sort and move cylinders. The site produces more than 1.3 million cylinders each year.
Malaysian fast-food packaging printer Interpress Printers ordered an EVO XD flexo printing line from KBA-Flexotecnica, a Koenig & Bauer subsidiary, for new premises in Kuala Lumpur. The press is due on stream by end of 2018.
Skive-based Hydra-Comp bought a one-third share in Kolding-based Hydropac, a specialist in pump stations, to create synergies and support growth. Both companies will continue as separate entities.
The Tuscany regional government and Italy's Ministry of Economic Development signed a EUR 65 million addendum funding Baker Hughes' Galileo R&D program, including a new axial compressor platform for NovaLT gas turbines and digital solutions, carried out through Nuovo Pignone in Tuscany. The signing took place on January 29, 2018 in Florence.
Oji Holdings will install a new containerboard machine with 450,000 tons per year capacity at GS Paperboard & Packaging in Malaysia, investing about JPY 35 billion for the machine and energy and water treatment equipment. Start-up is expected in April 2021.
Kaeser Compressors India has commissioned a 120kWp captive rooftop solar PV plant at its Pune, Maharashtra manufacturing facility, built with Enerparc India, to cut grid energy use.
Kruger committed C$377.6 million to diversify its Brompton and Wayagamack mills in Quebec into specialty papers; Investissement Québec takes a 37.5% equity stake and provides loans, creating Kruger Specialty Papers Holding L.P.
Weedon Corrugated Products has invested in a Fosber dry end for its in-house corrugator to boost sheet board production.
Schenck Process is investing to renovate its main Whitewater, Wisconsin plant into a dedicated stainless steel production facility, removing carbon steel manufacturing. The facility is expected to be fully operational by October 1, 2017.
ChargePoint Technology invested in a new 5-axis machine, automated washing plant and coordinate measuring machine at its Liverpool headquarters, as part of a wider £1 million investment to speed production of containment valves up to 350mm.
Group HES is investing £150,000 in special purpose machinery to end-form large bore high pressure pipes up to 10 inches, and will become a UK base for the Parker Pipework Centre.
Elgi Equipments plans to acquire overseas air compressor distributors and set up assembly lines in the US, having set aside ₹5,000 crore for the purpose. The company aims to become the number two global air compressor maker by 2027.
MAN Diesel & Turbo is investing in a 3D printing centre at its turbomachinery works in Oberhausen, Germany, to make gas turbine components such as guide vane segments.
Festo is investing about EUR 30 million over 2017 and 2018 to expand its Esslingen-Berkheim headquarters, with labs and offices returning after production moved to Ostfildern.
Printing and Packaging Co Ltd of Hinckley, Leicester has bought a Rapida 106 seven-colour double coater press from Koenig & Bauer to add capacity and coating options. The press is due to be installed at the end of March 2017.
Crown Paper Group's Montebello Container installed an automated dry end at its La Mirada sheet feeder plant plus conveyors, unitizers and wet-end upgrades, and improved safety and waste at Pico Rivera and Santa Fe Springs. Montebello increased production more than 20 percent in 2016.
Kirovsky Zavod Gazovye Tekhnologii, part of Kirovsky Zavod, has spent 200–300 million rubles on developing and producing automatic compressed gas filling stations and plans another 1 billion rubles over two to three years. The company already holds a contract to build eight stations for Gazprom Gazomotornoe Toplivo.
Atlas Copco intends to split into two listed companies, one focused on industrial customers and the other on mining and civil engineering customers, with the mining group to be spun off to shareholders.
Model Group installed new four-colour EVOL flexo folder gluers at its Bilgoraj and Czosnow plants in Poland as part of CHF 86 million invested in modernisation, sustainability and expansion in 2017.
BillerudKorsnäs decided to build a new paperboard machine with 550,000 tonnes annual capacity at its Gruvön production site, with production expected to start in Q1 2019.