SORALUCE presented the new Portal Series range of portal machines at the SORALUCE SUMMIT 2019, held from 20 to 22 March at its new Portal Factory. The series includes mobile table milling machines, gantry milling machines, and multitasking machines.
Clarke Precision Machine, Inc. will invest $750,000 to expand its facility in Wytheville, Virginia, creating 12 new jobs to handle future contracts in automotive, construction materials, and industrial mixing.
Firma Virial has upgraded its production line for metal-cutting tools in St. Petersburg, Russia, increasing annual capacity to 70 tons. The investment exceeded 500 million rubles, with half from the Industrial Development Fund.
Mayekawa Manufacturing Company has purchased a Holroyd TG350E CNC rotor grinding machine for its Higashi-Hiroshima facility. The machine will precision-grind screw rotors up to 350 mm in diameter.
SORALUCE invested €9 million in a new production plant called Portal Factory in Bergara, Spain, with a surface area of 4,900 m2, for manufacturing large gantry-type machines.
In March 2019, Siebel Transmission Technology Co., Ltd. and Jiangsu Jintaixin Reducer Co., Ltd. jointly established a joint venture to produce the Siebel brand in China.
Hypertherm signed a definitive merger agreement to acquire abrasive waterjet maker OMAX, which becomes a wholly owned subsidiary. Closing is expected on or around April 9, 2019.
Bosch Packaging Technology chose spend management firm Jaggaer to manage its logistics and procurement processes, as part of its digitalisation strategy. The move comes while Bosch seeks a buyer for its packaging division.
Heidelberg and MK Masterwork presented the new Diana Go folder gluer for the packaging market at an open house event in Nové Město, Slovakia, with three orders already received.
Engcon inaugurated a new computer-controlled, fully robotized production facility in Strömsund, Sweden, tripling its production capacity to at least 22,000 tiltrotators per year, with investments of around SEK 90 million over three years.
Engcon Group invested 90 million Swedish kronor in new CNC machines and a robotized production facility in Strömsund, Sweden, tripling its tiltrotator production capacity to at least 22,000 units per year. The facility was inaugurated on March 19, 2019.
Wuzhong Group's machine tool company signed a contract with Shandong Haihang for a TK6920C series CNC floor-type boring and milling machine with a rotary table.
Valmet will supply an OptiConcept M containerboard making line with automation solutions and a winder to GS Paperboard & Packaging in Selangor, Malaysia. The order is valued at around EUR 60-70 million, with start-up scheduled for 2021.
Essentra plc acquired the 49% minority interest in its Filters joint venture, Essentra (MEA) Pte. Ltd, from Aberdeen International FZE for £11.6 million, gaining full ownership of Essentra FZE in Dubai.
Aerzen Canada celebrated the opening of a new 26,000 square foot building with office space and a production facility at an event held March 19, 2019. The company describes itself as in a growth and expansion mode.
Denyo Manufacturing opened a 63,000-square-foot sheet metal fabrication facility in Danville, Kentucky, adding 65 jobs, to make parts for its generators and air compressors using new Amada equipment.
Valmet will supply an OptiConcept M containerboard making line with automation solutions and a winder for GS Paperboard & Packaging (GSPP) in Selangor, Malaysia. The new production line PM 3 will produce testliner and fluting grades, with start-up scheduled for 2021.
Bosch Rexroth (Xi'an) Electronic Drives and Controls Co., Ltd. broke ground on a second-phase expansion project in Xi'an Economic and Technological Development Zone, investing CNY 500 million to build an Industry 4.0 linear guide and assembly conveyor system project. The expansion is expected to be completed and operational by 2020.
Sandvik Mining and Construction GmbH installed a Heller FP 6000 5-axis machining center at its Zeltweg, Austria plant for machining valve blocks and bevel gears for mining and tunneling machines.
Saitim Energy S.L. was contracted to develop the industrial refrigeration control system for the largest slaughterhouse in Europe, being built by Pini Group in Binéfar, Spain.
Wacker Neuson SE opened its new compact machine plant in Horsching, Upper Austria, for manufacturing tracked and wheeled excavators, dumpers and skid steer loaders. The plant is the company's largest single investment after its €43 million headquarters in Munich.
New York Air Brake (NYAB) announced the acquisition of Snyder Equipment Co., a locomotive fueling, servicing and component remanufacturing company based in Nixa, Missouri. Terms were not disclosed. Snyder will operate as a division of NYAB.
Nordson Corp. completed a two-year construction of a new 14,380-square-meter facility in Münster, Germany, serving as a global hub for BKG pelletizers and melt-delivery components. The facility triples space and employs 339 workers.
John Deere and Wacker Neuson have entered a supplier agreement for Wacker Neuson to build Deere-badged compact excavators (1.7-7.5 tonnes) at its Pinghu, China factory for the Asia-Pacific market.
Liebherr-France SAS in Colmar, France, invested €5 million in a new assembly line for its Generation 8 excavators, with 26 workstations and output of 5 excavators per day.
C&B Machinery of Brighton, Michigan, received an order from a major North American manufacturer of large construction and mining equipment to supply a specialty grinder for grinding large connecting rods. The grinder will be built using a remanufactured Mattison 100C-5 base machine.
Severstal has agreed to buy a Korean compressor for its Cherepovets Iron and Steel Works, with first deliveries scheduled for autumn 2019. The investment exceeds 500 million rubles and aims to cut electricity consumption.
GNA Alutech Inc., a Canadian furnace designer for the aluminum industry, announced it will become a member of EBNER Group, headquartered in Leonding, Austria. The merger aims to strengthen the group's position in the Americas and worldwide.
CA Brill GmbH, a technical wholesaler for industrial supplies and building hardware, acquired Hild-Löbbecke GmbH, a specialist in welding technology and industrial supplies, as of January 1, 2020. The combined companies have 150 employees and a turnover of over 50 million euros.
Newbow Aerospace is expanding its manufacturing and production facility in Redditch, UK, doubling production capacity and increasing workforce by 30%. The expansion is due to be complete by Spring 2019.
Maxon Precision Motors Inc. is opening a new design engineering and production facility in Taunton, Massachusetts, covering 60,000 square feet, with a grand opening scheduled for March 19, 2019.
Tomsky Mashinostroitelny Zavod (TMZ) announced a project to build a plant in Yurga, Russia, for producing amphibious excavators, with investments of 750 million rubles and 52 new jobs.
Roll Group has been awarded a contract to transport 24 modules for Total's ethane cracker project in Port Arthur, USA, with voyages scheduled between March and August 2019.
Seco Industries is building a new machining hall of 3,700 m² in Jičín, Czech Republic, for nearly 90 million CZK. The investment will increase machining capacity of its own castings by at least 50% and improve working conditions.
NUMALLIANCE, a French group specializing in wire, tube and flat forming solutions, acquired MIB HYDRO, a manufacturer of hydraulic presses and production lines. The acquisition strengthens NUMALLIANCE's position in the aerospace and composite industries.
thyssenkrupp System Engineering won a contract from VinFast to build an engine assembly line for two new vehicle models at VinFast's automotive complex in Hai Phong, Vietnam. The order is in the two-digit million euro range.
Volvo Construction Equipment has received all necessary approvals and closed the acquisition of Swedish machine adaptation specialist CeDe Group. The deal includes CeDe's intellectual property, operations, and staff of about 45 employees.
Omega Kitchens officially opened phase four of its £20 million expansion at its Yorkshire headquarters. The company invested £12 million in new plant and machinery, including robotic cutting and automated paint lines, to increase capacity to 34,000 kitchens per year and total production capacity expected to reach £125 million within two years.
Nexion agreed to acquire 75% of Stenhoj's shares, combining their equipment product lines and distribution channels.
Twin Disc broke ground on a new 50,000-square-foot manufacturing facility in Lufkin, Texas, to produce power take-offs and clutches for heavy duty industrial equipment. The facility is set to open in early January 2020 and will create 20-30 jobs in the first year.
The Evolve Group completed a multimillion-dollar investment deal with a large private equity fund to expand its Brisbane manufacturing facility. The investment will fund new high-speed injection moulding machines, robots, a chiller system, a 650kW solar system, and a recycling plant, with new equipment arriving in May and commissioned in July/August 2019.
Cook Compression named Fancraft (South Africa) and WoodServ (Bahrain) as authorized service partners for compressor valve and packing case repairs across Africa, the Middle East and Pakistan.
Gemini Machine Works Inc. acquired Cheeta Machining Ltd., a custom machining and manufacturing services company in Edmonton, Alberta, to increase manufacturing capacities and complement existing technologies.
Mercitalia Rail received the first of 40 Traxx E494 electric locomotives from Bombardier Transportation under a EUR 180 million contract that includes 16 years of maintenance, with delivery of five locomotives per month until October 2019.
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.
XCMG won a bid to supply earthmoving and wheel loader equipment to Rio Tinto Group for its iron ore operations in the Pilbara region of Australia.
PPH Kostrzewa will invest at least 19.4 million złoty to build a new warehouse and production hall in Giżycko, Poland, creating at least 5 new jobs. The plant will increase capacity for automatic pellet boilers and burners.
KPS Capital Partners has completed the sale of the Paladin and Pengo business units of International Equipment Solutions to Stanley Black & Decker. KPS retains the Genesis and Crenlo Global units.
Tribus Aerospace Corp. completed the acquisition of Midwest Precision Holdings Inc., a manufacturer of precision components for aerospace, defense, energy and engineered products markets. Terms were not disclosed.
Singapore-invested New Wing Interconnect Technology Co increased the investment capital of its headphone and wire manufacturing plant in Bac Giang province, Vietnam, by $110 million, bringing total investment to $210 million.