Metso agreed to acquire Canadian crushing and screening specialist McCloskey for EUR 279 million. Metso also plans to merge with Outotec by mid-2020 and spin off its Flow Control segment as Neles.
SOMIC Group, parent company of SOMIC America, completed the acquisition of MechanikZentrum Schmidbauer, a mechanical manufacturing company in Haag, Germany. All 35 employees were retained, and the division is now known as SOMIC Haag, manufacturing precision parts for robotics, optics, aerospace and medical industries.
RBC Bearings Incorporated acquired Swiss Tool Systems AG, a provider of modular tooling systems and high-precision boring and turning solutions, for approximately $33.9 million (CHF 33.0 million). Swiss Tools has about 50 employees and annual sales of approximately CHF 11.0 million.
Konecranes has acquired Italian crane service company Trevolution Service SRL, based in Barzago near Milan. The acquisition strengthens Konecranes' field service operations in Italy and adds 25 employees.
São José Industrial invested more than 50 million R$ (about 10 million GBP) in a newly built production plant in São José do Inhacorá, Rio Grande do Sul, Brazil, tripling production capacity. The plant covers 16,900 m² of production space and 5,000 m² of administration.
Xi'an Xuanji Precision Equipment won a public tender to supply one six-pallet horizontal machining center (400mm x 400mm) to Lanzhou Wanli Aviation Electromechanical for CNY 2,766,000.
ATA Tools Group, an Irish precision engineering group, acquired Karnasch Professional Tools GmbH, a German precision industrial tools manufacturer. The combined enterprise is valued at approximately €160 million.
German C-parts supplier CGOODS in Borgholzhausen has invested in a KOLBUS AutoBox corrugated cardboard system to produce packaging blanks in-house on demand.
HMS Group signed a contract to engineer and procure compressors and complementary equipment worth RUB 1.7 billion for a compressor station, with delivery planned for 2020. The announcement is dated August 15, 2019.
VARD and NCT Offshore have chosen to equip their new Cable Laying Vessel (VARD 9 01) with Aukra cranes and hatches.
Aukra Maritime has been chosen as a supplier for GreenH Bodø's hydrogen factory at Langstranda, Bodø, which will produce hydrogen for Torghatten Nord's new ferry.
Aukra Maritime has signed a contract for the delivery of 4 Boat Landing Systems in 2026 to Deutsche Offshore Schifffahrt.
Aukra Maritime has been awarded the contract to supply cranes to Rostein AS's new live fish carrier, a sister ship to Ro Spirit of 2,800 m3.
Aukra Maritime has been awarded the delivery of deck cranes and ROV doors to Finnsnes Dykk & Anleggservice's new anchor handling and subsea vessel.
Numac Engineering has ordered a Hermle C42UMT 5-axis mill-turn centre from Kingsbury for its Stalybridge factory. The machine will be installed in October 2019.
Multivac Bulgaria Production invested EUR 2.5 million in new metalworking machines, including laser welding and cutting systems from Trumpf, to start producing control panels for parent company Multivac in September 2019. The investment will create 20 new jobs, bringing total employment to 162 by end of 2019.
Troxel Equipment Co. and Tri Green Tractor LLC, two John Deere dealerships in Indiana, announced plans to merge, creating Troxel Tri Green LLC. The merger will take effect on September 5, 2019, and the combined company will have 9 locations.
Applied Industrial Technologies has signed a definitive agreement to acquire Olympus Controls Corp, an automation solutions provider of motion control, machine vision, and robotic technologies. The transaction is expected to close before the end of August 2019.
NMC-Wollard, a supplier of aviation ground support equipment, has been acquired by a group led by Robert Priddy and Kilroy Partners. The company will now operate as Wollard International.
Gaz-System signed a PLN 550m contract with US firm Solar Turbines for supply and service of 10 compressor aggregates for three Baltic Pipe gas compressor stations in Poland, with delivery within 18 to 20 months.
GAZ-SYSTEM and Solar Turbines signed a contract on 14 August 2019 for ten compressor units and a 10-year service agreement for three Polish compressor stations under the Baltic Pipe Program. The total contract value is over PLN 550 million, with delivery within 18 to 20 months.
The Government of Canada awarded repayable contributions totaling $595,000 to Usinage F.R., Tourbière Ouellet & fils Inc., and Laiterie Ora for equipment acquisitions and automation, supporting total investments of $2,645,950 and creating four jobs.
Freudenberg's Filtration Technologies Business Group took a majority shareholding in China's Apollo Air-cleaner Co Ltd, forming a joint venture named Freudenberg Apollo Filtration Technologies.
Scotts Precision Manufacturing is expanding its factory in Eastville, Lincolnshire, with a £275,000 project adding a 6,000 sq ft building with a 5-ton crane, office block and stores. Completion is expected by July 2019, and at least four new full-time staff will be recruited.
Hokushō completed construction of Factory No. 3 at its Hakusan Plant in Hakusan City, Ishikawa Prefecture, and commenced full-scale production. The total investment including renovations to existing factories is 4 billion yen.
OPEX Group has secured a multi-million-pound, three-year contract with CNOOC Petroleum Europe Limited to deploy its X-PAS predictive analysis service on the Buzzard, Golden Eagle and Scott platforms in the UK North Sea.
Shandong Energy Heavy Equipment Manufacturing Group awarded contracts for various machine tools including welding machines, cold rolling machines, boring machines, honing machines, CNC lathes, and cylindrical grinders to multiple suppliers.
Institut für Verbundwerkstoffe GmbH awarded Langzauner GmbH a EUR 3,000,000 contract for the supply of a press and thermoforming line for thermoplastic composites.
CNF Precision Engineering Limited purchased a second factory 600% larger in floor space and invested in two new Matsuura 5-axis machines (MAM72-35V and MX-330 PC10).
One Equity Partners' portfolio company USCO SpA agreed to acquire a 75% stake in Strickland Tracks Ltd, a designer and assembler of undercarriage frames. The transaction is expected to close in October 2019.
Valmet sealed its acquisition of GL&V, a global provider of technologies and services to the pulp and paper industry, for an enterprise value of about €113 million. The deal was among pump-related M&A completed in Q2 2019.
Hitachi Industrial Equipment Systems will expand Sullair's Michigan City, USA air compressor plant with a new manufacturing building, warehouses and optimized production facilities, with an investment reported as about US$3000 million. The article also says the expansion is expected to create new jobs.
Worldwide Oilfield Machine expanded manufacturing capacity at its Canemont facility in Houston with a custom thermal welding machine and two new CNC machines. The equipment is intended to raise production rates and precision.
Nu-Vu Conair Pvt. Ltd., a manufacturer of plastic auxiliary equipment, inaugurated a new fabrication facility in Ahmedabad, India on August 8, 2019. The facility houses ultra-modern fabrication machinery to improve quality and delivery.
3D Systems and GF Machining Solutions have expanded their partnership in Greater China, allowing manufacturers in China and Taiwan to order co-branded metal additive manufacturing solutions including the DMP Factory 500, effective August 1, 2019.
Kitamura Machinery has partnered with Reynolds Machinery, which will exclusively distribute Kitamura's vertical, horizontal and five-axis machining centers in southern Ohio and northern Kentucky.
Jiangsu Juneng Machinery Co., Ltd. has started construction of a high-performance disc separator project in Yixing, with a total investment of CNY 630 million. The project covers 126,666 square meters and will include 4 new standard workshops and 1 intelligent workshop, with annual capacity of 3,000 centrifuges.
Zhejiang Hangji Machine Tool Co., Ltd. is building a smart manufacturing plant for precision grinders in Pujiang, Zhejiang, with a total investment of 636 million CNY, expected to start production by end of 2019.
Syngroh Capital GmbH, the investment company of the Klaus Grohe family, acquired a majority stake in Novopress Holding GmbH, a manufacturer of electromechanical pressing tools. The transaction was announced on August 7, 2019.
Myungsung TNS disclosed a single sales and supply contract worth 7.98 billion won for manufacturing and installing CP05 and CP06 line swelling equipment in South Korea. The contract was signed on August 7, 2019.
Rotary Power opened a North American service centre in Sioux Falls, South Dakota, occupying 8,500 sq. ft. The announcement is dated August 7, 2019.
Anders Invest acquired Van Dam Machines, a manufacturer of printing machines for plastic and paper cups and trays, on August 6, 2019. Van Dam is based in Amsterdam and has a turnover of €15-20 million.
Honda Power Equipment is investing $46.4 million to expand its plant in Alamance County, North Carolina, including a production line for the new GCV general-purpose engine.
Honda Power Equipment Mfg. is investing $46.4 million to expand its Swepsonville, North Carolina plant, adding a 135,000 sq. ft. parts storage area and a production line for the new GCV general-purpose engine. Production of the new HRN lawn mower begins in September 2019.
Bedeschi was awarded the supply of stacking and reclaiming systems for the ArcelorMittal project (formerly Ilva project) in Italy, with operations expected to begin by spring 2020.
Bedeschi strengthened its presence worldwide with a new subsidiary in Moscow, Bedeschi Russia, which will contribute to project management of the OTEKO project in Taman.
Grainger & Worrall has been chosen by Cox Powertrain to manufacture the main engine castings (cylinder heads and crankcases) for the world's first 300hp diesel outboard marine engine. First deliveries are expected by year-end 2019.
Panattoni Europe finished building a roughly 13,000 sq m build-to-suit factory for Finnish hydraulic cylinder maker Hydroline in Stargard, Poland, with production set to start in August 2019.
A joint venture between Doosan Machine Tools (Korea) and Shenyang Juxing Machine Tool Co. will build a high-precision CNC machine tool plant in Yuhong District, Shenyang, China. The investment exceeds $100 million, with an annual capacity of 720 units in the first phase.
Tadano completed the $215 million acquisition of Terex Corp.'s Demag Mobile Crane business, adding lattice boom crawler cranes and expanding its all-terrain crane range.