Norwegian firm TMC Compressors signed a contract to supply control, service air and N2 compressors for each of 12 174,000-cbm LNG carriers being built by Samsung Heavy Industries for an undisclosed owner. Price was not disclosed.

Westrock Coffee plans to invest over $300 million and create 600 new jobs over five years at its development, production, packaging and distribution facility in Conway, Arkansas, with the facility using advanced robotics.

Baglioni opened a new automated production line for carbon and stainless steel compressed air pressure tanks at its Casalvolone plant in the province of Novara in June 2023.

Ingersoll Rand acquired Italy-based Termomeccanica Industrial Compressors and its subsidiary Adicomp for approximately EUR 160 million, adding air and gas compressor capabilities to its Industrial Technologies and Services segment.

ADNOC Gas Processing selected Petrofac Emirates for an EPC contract worth about $700 million to build a new gas compressor plant with three trains at the Habshan Complex in Abu Dhabi.

ANDRITZ received an order from Mpact Operations to upgrade the NSSC pulping line at its Mkhondo Paper Mill in Mpumalanga, South Africa. The upgrade will raise line capacity from 225 to 365 bdmt/d, with start-up scheduled for the first half of 2025.

Hansgrohe Group opened a new faucet factory in Valjevo, Serbia, on June 27, 2023, built over about a year and a half at a cost of around 85 million euros. The plant will mainly produce hansgrohe-branded products for the European market.

Atlas Copco broke ground on its China headquarters project for industrial compressor R&D and manufacturing in Wuxi, Jiangsu, with total investment near RMB 3 billion and annual capacity of 163,000 units once complete.

Atlas Copco's Compressor Technique business area held a groundbreaking ceremony in Wuxi, China, to expand its R&D and manufacturing base, with the facilities to be in full use by the end of 2025.

Bosch Rexroth opened a 42,000 sq m plant in Queretaro, Mexico, investing about EUR 160 million to make hydraulic pumps, motors and valves for mobile machinery and linear motion products, creating about 900 jobs by 2027.

Nordson Corporation agreed to acquire ARAG Group, an Italian maker of precision agricultural spraying control systems and fluid components, in an all-cash deal valuing ARAG at an enterprise value of EUR 960 million.

KSB announced the acquisition of Bharat Pumps and Compressors' technology, becoming sole owner of the products' technology and taking over spare parts and service for about 5000 BP&CL products in India.

Flowplant Group, a provider of high-pressure jetting and pumping solutions in Salisbury, UK, was acquired in a management buyout completed on June 23, 2023, through the newly formed SSPM Holdings Limited led by Steve Smith.

Johnson Controls announced its acquisition of M&M Carnot, a maker of CO2-based industrial refrigeration equipment with low GWP, based in Annapolis, Maryland and Trois Rivières, Quebec. Announced June 2023.

Semperit has held the groundbreaking for a hydraulic hose production expansion at its Odry plant in the Czech Republic. The investment is about EUR 110 million, adding roughly 32 million meters of annual capacity, for total capacity of almost 200 million meters, with completion planned in 2028.

Swedish heat transfer firm Alfa Laval has begun construction of its second production site in San Bonifacio, Verona province, with an investment of about €100 million, to be fully operational in about a year.

Kyashif started production at a new hydraulic cylinder plant in Kardzhali, its fourth plant. The investment is 10 million leva, with a planned rise to 30 million, and 40 workers will be hired.

ONGC awarded Engineers India Limited an EPC project to replace three CSU off-gas compressors and six regeneration gas compressors and install a CBD vessel at its Uran plant. The estimated order value is Rs 472 crore over about 40 months.

Ingersoll Rand agreed to buy Howden Roots LLC from Chart Industries for an all-cash price of about $300 million. Roots has about $115 million in revenue, and the deal is expected to close in Q3 2023 pending regulatory approvals.

REPH signed a contract with Gazprom Komplektatsiya to supply four centrifugal compressors for the Power of Siberia gas pipeline, to be made at the Nevsky Plant in St. Petersburg and shipped in late 2023. Each compressor is rated at 333.4 cubic metres per minute.

Vanair Manufacturing announced a $8.3 million expansion adding about 100,000 square feet to its Michigan City facility in La Porte County, Indiana, creating 75 new jobs. Completion of the building by J. Shoffner is expected in the fourth quarter of 2023.

MAN Energy Solutions was selected by Yinson to deliver 11 compressor trains for the Agogo FPSO vessel off Angola, operated by Azule Energy, with delivery planned during 2024.

Denver-based private equity firm Platte River Equity acquired Womack Machine Supply Company, a Farmers Branch, Texas distributor of hydraulic, pneumatic and automation components.

Rondo Ganahl AG invested 36 million euros in its St. Ruprecht site in Styria, Austria, opening a new corrugated packaging print centre built around a Koenig & Bauer Rapida 164 press.

KKR agreed to acquire pump and valve maker Circor in a deal worth $1.6 billion including debt, announced June 5, 2023.

Bip Solutions Limited, based in London, awarded a supply and installation contract for blowers and compressors to Atlas Copco, Sulzer Pumps Wastewater UK and MB Air Systems. The value was not stated.

ADNOC Gas Processing selected Petrofac Emirates for an EPC contract worth about $700 million to build a new gas compressor plant with three compressor trains at the Habshan Complex in Abu Dhabi.

Puget Sound Naval Shipyard awarded American Compressor Company a firm-fixed-price contract with one base year and two option years to lease four High Pressure Air Compressors, valued at $905,280.

Dream (Zhejiang) Air Equipment Manufacturing broke ground on a 35,000 square meter plant in Pinghu City, Zhejiang, China, with 105 million yuan of investment to produce 5,000 intelligent industrial air compressors annually.

Atlas Copco acquired Maziak Compressor Services Ltd., a privately owned UK distributor of air compressors, nitrogen generators and process cooling equipment based near Northampton, with about GBP 7 million in 2022 revenue. The purchase price was not disclosed.

Mexican industrial company Metelmex announced a $5 million investment to build a new plant in Monclova, Coahuila, serving Mexican and US markets with heavy-industry products for the rail sector, creating 485 jobs within two years.

SKF is investing SEK 50 million in a new manufacturing site in Tangier, Morocco, to produce magnetic bearings for turbomachinery and high-speed applications. Operations are set to ramp up in the second quarter of 2023.

Demon (Zhejiang) Gas Equipment Manufacturing held a groundbreaking ceremony on 20 May 2023 in Pinghu, Zhejiang, for a plant on over 20 mu of land. The 105 million yuan project will produce 5,000 intelligent industrial gas compressors a year.

The National Iranian Oil Company signed a contract with the Oil Turbo Compressor Company to manufacture 14 turbo compressors of 15 MW each for southern Iranian oilfields. About $200 million is to be invested in the project.

SKF and Wolong Group signed a memorandum of understanding to explore a strategic cooperation on magnetic levitation technology in electric drive products. The companies announced the MoU on May 17, 2023.

ELGI Sauer Compressors Ltd, a joint venture of Elgi Equipments and Germany's Sauer Compressors Group, opened a 50,000 sq ft plant in Kallappalayam, Coimbatore, with an investment of ₹40 crore. It will make high-pressure compressors, pressure-reducing stations and portable breathing air compressors.

GazEnergoKomplekt is building an oil, gas and energy equipment plant in Glinishchevo, Bryansk district, Russia, with an investment of 2.1 billion rubles. The plant is expected to employ 600 people by 2025 and will make tanks, pressure regulators and shut-off valves.

Bauer Compressors is expanding its Norfolk, Virginia location and will add 47 new jobs.

Sinopec International Co. issued a public tender for a 2023 framework agreement covering domestic reciprocating compressor valves for Sinopec Shanghai Petrochemical, with a bid deadline of May 16, 2023. The item quantity listed is 100 units of reciprocating compressor parts. The notice is a first change to the original tender.

Amcor signed a definitive agreement to acquire privately held Moda Systems, a New Zealand manufacturer of automated vacuum protein packaging machines for meat, poultry and dairy. The deal adds equipment and services to Amcor's film portfolio. No value was disclosed.

Danfoss signed an agreement with the Haiyan county government in Zhejiang to begin building its second campus there. The local government funds the facility, which Danfoss leases and equips itself.

Atlas Copco acquired C.P. Service SRL, a compressor distributor and service provider in Naples, southern Italy, with 13 employees and about EUR 6 million turnover in 2022. The purchase price was not disclosed, and the business joins Atlas Copco's Compressor Technique service division.

MHI received a significant order from Brazil-based Klabin for five casemaker machines for its new corrugated board plant in Piracicaba, São Paulo, with two lines due for delivery before the facility opens in late 2023.

Fluid System Components, Inc. announced the acquisition of Norcan Fluid Power Company, a fluid power distributor serving Western Canada, which is the largest Canadian distributor of Bosch Rexroth products. Terms were not disclosed.

Hydrotech, Inc. announced its acquisition of Isaacs Fluid Power Equipment Company, a fluid power distributor based in Mason, Ohio, with six locations in the Midwest. Isaacs will operate as a division of Hydrotech, and specific terms were not disclosed.

Queensland Fire and Emergency Services (QFES) awarded Bauer Kompressoren Aust Pty Ltd a contract to supply compressors, valued at AUD 32,422.72, on 30 April 2023. The compressors support emergency response equipment readiness.

Dallas-based Singer Industrial acquired Arizona-based Hotsy Industrial Systems, a maker of pressure washers, air compressors, wastewater treatment systems and detergents, with financial terms undisclosed. Hotsy will operate within Singer's Fluid Power Division from its Tucson location.

Howden was awarded a contract to supply four high-speed integrally geared blowers and a control system for the new Athlone Wastewater Treatment Works in Cape Town, South Africa. Installation of its aeration technology is scheduled for 2024.

Sinopec Shanghai Petrochemical issued a public tender on 24 April 2023 for a framework agreement covering domestic high, medium and low pressure valves for reciprocating compressors. Bids are due 16 May 2023.

WEIG Packaging, a folding carton printer in Emskirchen, concluded a further Equipment-as-a-Service subscription contract with Heidelberger Druckmaschinen and Munich Re Group companies, billed per printed sheet. The contract was signed at the beginning of 2023.