Dezhou Taiding New Material signed a contract with Big Finger Equipment for a PM7 paper machine speed-up project, with Dazhi Paper Machinery supplying key headbox, sizing and screening equipment.

Olin Corporation's Winchester division was selected by the U.S. Army to operate and manage the Lake City Army Ammunition Plant in Independence, Missouri. The contract has an initial term of seven years, with Winchester assuming full operational control on October 1, 2020 after a one-year transition.

Plascore Inc. is investing nearly $6 million to construct an 80,000-square-foot facility in Zeeland, Michigan, creating approximately 35 jobs over three years.

Sumitomo Heavy Industries Ltd acquired the entire share capital of Invertek Drives Ltd, a UK-based manufacturer of variable frequency drives. The deal is expected to lead to significant investment in Invertek's growth and development in Mid Wales.

Dongguan Yihui Hydraulic Machinery Co., Ltd. received an order from an Australian customer for 20 sets of 20-ton C-type hydraulic presses with servo systems.

Schaeffler Group USA Inc. announced a $65 million investment to expand its Cheraw, South Carolina facility and establish it as an Engine Systems Manufacturing Center of Competence for North America. The expansion includes new equipment for production of the FRAX bearing component and is expected to be completed by the end of 2020.

CMPR, part of Groupe LCV, has added a new FEHLMANN VERSA 5-axis simultaneous CNC machine and a new SODICK electrical discharge machine to its workshop.

Zeppelin Group will take over distribution and service of Caterpillar construction and mining equipment in Sweden, Denmark and Greenland, as well as MaK engines in the Baltic states, Finland, Iceland and the Faroe Islands, from Pon Group via an asset deal.

IIOT-OXYS Inc. announced the execution of a Letter of Intent to acquire Infinite Automation Systems Inc., an innovator of IIoT software and global data acquisition systems.

DFI Inc. approved a joint venture on September 23, 2019, to invest NT$460 million to acquire a 20.49% stake in Ace Pillar Co. through a private placement, including Ace Pillar's dealerships with 30 key components brands in Taiwan, Japan and Europe.

Safe-Run Group won a contract valued at over RMB 700 million to supply smart factory equipment for Linglong Tire's new plant in Zrenjanin, Serbia. The plant, construction of which began in March 2019, will have an annual capacity of 13.62 million tyres.

Fincantieri acquired an effective 51% stake in STX France (now Chantiers de l'Atlantique), with Naval Group holding a 10% share. The two companies plan to form a joint venture under the 'Poseidon' project to reinforce naval cooperation.

Tribo Hartstoff GmbH is building a production hall in the Immelborn industrial area. The official groundbreaking ceremony has taken place, and the new facility is expected to be completed by the end of 2020.

thyssenkrupp Elevator installed four of the longest escalators ever produced in Germany at Baku metro stations in Azerbaijan, part of a double-digit million euro contract for 25 escalators.

MODIG Machine Tool Sweden opened a new facility in Kalmar, Sweden, to cope with increased demand for its RigiMill and HHV machines for aluminum stringers.

Carraro Group laid the foundation stone for a new production area at its Ranjangaon plant near Pune, India, to expand capacity and portal axle production. Local activities are expected to rise 50% in three years.

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.

Tadano formally opened its new greenfield Kozai Plant in Takamatsu, Japan. The plant adds substantial production capacity for rough terrain and truck cranes, as well as major components like booms and cylinders.

Interpump signed a binding agreement to acquire 100% of Reggiana Riduttori through a share exchange, based on an agreed enterprise value of EUR 125 million. Closing is expected by end of 2019, subject to due diligence.

Thöni opened a new multi-bay frame hall at its Pfaffenhofen site on September 20, 2019. The facility, one of the largest industrial halls in western Austria, houses a new aluminium press works. Unger Steel Group was contracted for the steel hall construction.

Double E Company LLC, a portfolio company of River Associates Investments, has acquired Schlumpf Inc., a provider of material handling solutions for rolled goods manufacturing. The acquisition closed on September 20, 2019. Terms were not disclosed.

Thöni opened its new Werk III in Pfaffenhofen, Austria, on September 20, 2019, with a EUR75 million investment. The plant includes a 5,600-ton extrusion press and will produce 15,000 tons of aluminum profiles annually.

Jan Richtárik, co-founder of CNC TVAR, became the majority owner of the company through its parent company, consolidating ownership and management. CNC TVAR is a Czech CNC machining firm specializing in hydroenergy, mold machining, and aerospace components.

Manitou Group has begun construction of a new €26 million factory dedicated to aerial work platforms in Candé, France. The 18,000 m² facility is expected to be completed by the first quarter of 2021.

Toyota Tsusho America and Modumetal signed a non-binding MOU to form a joint venture called ModuTAI, which will build a new production facility in Houston, Texas, to produce NanoGalv nano-laminated alloy coatings for industrial fasteners. The facility will increase capacity over 10 times to over 100 tons per month.

Investment company Halder acquired a majority stake in Drumag Fluidtechnik, a pneumatics and hydraulics specialist, and EPH Elektronik, a power and control electronics manufacturer, as part of a succession plan.

China Renaissance Capital Investment and Estun Automation have acquired German welding technology specialist Carl Cloos Schweißtechnik for EUR 190.1 million.

Shanghai Zhenhua Heavy Industries (ZPMC) placed a substantial order with TMC Compressors of the Seas for a complete marine compressed air system for a pipelay vessel it is building. The contract value was not disclosed.

Safe-Run Machinery (Suzhou) secured an €89 million order to design and provide machinery for the smart logistics line of Linglong's new tire plant in Zrenjanin, Serbia.

HDT Global acquired Berg Companies, Inc., a Spokane, Washington-based manufacturer of shelter systems, fuel and water systems, and power management solutions. The acquisition adds two facilities in Spokane.

ABB South Africa invested in upgrading its Alrode motor and generator factory near Johannesburg to comply with DTI's >70% local sourcing regulations. The upgrade includes a new coil shop and enhanced manufacturing capabilities.

Verallia Spain awarded Fives a contract to supply 21 Prium VariCool electrode-holders for its Azuqueca de Henares plant. The equipment will be supplied and installed during a furnace reconstruction starting early next year.

Shade Systems, Inc. broke ground on a major expansion of its manufacturing plant and headquarters in Ocala, Florida, doubling the plant space from 50,000 to over 100,000 square feet. Construction is expected to complete by March 2020.

Mitsubishi Heavy Industries Marine Machinery & Equipment will take over production of MET turbochargers from Mitsubishi Hitachi Power Systems, relocating the plant within Nagasaki City by end of 2019. A new factory will be completed in December 2019.

High Purity Systems will invest about $8.5 million to move into a new 30,000-square-foot facility in Manassas, Virginia, to increase piping fabrication capacity, creating 105 new jobs.

B-Square Precision, LLC has acquired JMC Tool & Machine Co., a Sanford, North Carolina-based manufacturer of precision components and assemblies for medical, aerospace, filtration, and other industries.

CMS Cepcor opened a new £4 million global parts centre in Coalville, UK, a 6,000 sq m warehouse next to its manufacturing facility, funded by HSBC UK. The centre will free up manufacturing space and support a 20% headcount increase.

Valmet is investing in a new pilot facility at its Fiber Technology Center in Sundsvall, Sweden, to strengthen R&D in bioenergy, biofuels and biochemicals. The facility will start up in October 2020.

Metso exercised its call option to acquire the remaining 25% of Chinese crushing and screening equipment manufacturer Shaorui Heavy Industries, making it a wholly owned subsidiary. The transaction is expected to close in Q4 2019.

Hit Machinery signed contracts with Transneft-Siberia and Transneft-North to convert Hitachi ZX130, 160, and 200 excavators into crane-excavators. The work will involve specialists from NPK AS and testing laboratories.

Harsco Rail secured a seven-year contract worth $290 million with DB Netz AG to develop up to 56 catenary intervention and maintenance vehicles for the German railway system. Initial order is for 16 vehicles with delivery starting in 2022.

Entec International secured a contract to provide its full 3PMRO service to a multinational beverage and snack foods client's operations in Pakistan, expanding from previous work in Australia and New Zealand.

Danobat, a Spanish machine tool manufacturer, acquired Dutch precision hard turning company Hembrug Machine Tools. The acquisition was announced on September 16, 2019 at EMO Hanover.

Siemens announced plans to acquire Process Systems Enterprise (PSE), a global supplier of advanced process modelling software, to extend its digitalization portfolio for the process industry.

The Timken Company agreed to acquire BEKA Lubrication, a Pegnitz, Germany-based supplier of automatic lubrication systems, for approximately $165 million. BEKA's 2019 sales are expected to be around $135 million, and the deal is subject to German regulatory review.

Royal Reesink, a Dutch farm equipment distributor, bought a controlling stake in Hepson Equipment and entered a partnership with the Kehler family, owners of GenAg, both Manitoba Claas dealerships.

AS Dagöplast awarded a contract for a gravimetric material distribution system to OSAÜHING LOGICHEM for EUR 60,599. The contract was published on 2019-09-14.

Santoni Shanghai Knitting Machinery Co. Ltd. acquired Terrot GmbH, a German manufacturer of circular knitting machines, on September 13, 2019.

OnePLM Limited acquired TEAM Engineering Ltd, merging the two Siemens Digital Industries Software Partners in the UK and Ireland. The deal was completed on September 13, 2019.

GF Machining Solutions officially opened its new innovation and production centre in Biel, Switzerland after two years of construction. The company invested around CHF100 million in the building, which provides space for 450 work places and unites three former Swiss sites.