Pfaff Industriesysteme und Maschinen GmbH (KSL) held a groundbreaking ceremony on March 7, 2019, for a new 8,000 m² facility in Bensheim, Germany, with an investment of EUR 10 million. The plant will produce CNC sewing automats, 3D sewing robots, and automated production systems, and is expected to be completed by end of 2019, increasing employment from 100 to 160.
ARCH Global Precision has acquired Competitive Carbide, a manufacturer of customized solid carbide drills, end mills, reamers, indexable tools and PCD-tipped tools, based in Mentor, Ohio. The acquisition broadens ARCH's cutting tool product offering.
Yaskawa Europe acquired the Factory Automation business unit of ZF Italia in Assago, Milan. The acquisition strengthens Yaskawa's presence in the Italian market for industrial automation.
CoorsTek broke ground on a 50,000 sq ft expansion at its Benton, Arkansas facility, representing $26 million in capital investments. The expansion will increase workforce by approximately 15% and support aerospace and defense industries.
3Oe Scientific Inc. awarded a $6 million contract to Astronics Corporation to begin manufacturing the Iggy hand rinsing device, which uses aqueous ozone technology for chemical-free disinfection.
Mayville Engineering Company (MEC) announced a definitive agreement to acquire privately held Mid-States Aluminum Corp., expanding its capabilities in lightweight materials. The acquisition is expected to be immediately accretive to MEC's EPS, Adjusted EBITDA and Free Cash Flow at closing.
Oshkosh Corporation has entered into a definitive agreement to acquire AUSACORP S.L. (AUSA), a manufacturer of wheeled dumpers, rough terrain forklifts and telehandlers. AUSA will become part of the Oshkosh Access segment.
Tenax Aerospace Acquisition, LLC and Air Industries Group entered into a merger agreement to combine Tenax's special mission aviation business with Air's precision aerospace manufacturing.
HKW, a private equity firm, acquired Handling Systems and Conveyors, Inc. (HSC), a designer and manufacturer of material handling systems for aerospace, industrial manufacturing, and transportation.
Hitachi, Ltd. acquired Flexware Innovation, Inc., a manufacturing systems integrator, on August 31, 2022. The acquisition strengthens Hitachi's MES and SCADA business in North America.
Robopac has acquired control of Sotemapack, a packaging machinery company with 40 years of experience, expanding Robopac's range of solutions.
Kornit Digital plans to invest NIS 62 million ($17.4 million) to build a new ink manufacturing facility in Kiryat Gat, Israel. The factory is expected to be operational by April 2020 and will span 6,800 square meters.
ASSA ABLOY announced it will acquire a majority stake in agta record, a manufacturer of automatic door systems.
MAN Energy Solutions received an order from Estonian TSO Elering AS for two MOPICO compressor systems for the Balticconnector gas pipeline, to be installed at Paldiski and Puiatu in Estonia with delivery planned for summer 2019.
Amada Tool America is expanding its Batavia, New York plant by up to 19,000 square feet and investing $8.8 million in the project, creating 17 new jobs. The expansion is underway and expected to be completed in 2019, with production starting in January 2020.
VEM Sachsenwerk GmbH purchased and installed a new insulation robot for approximately €750,000 at its plant in Germany. The robot will nearly double the number of high-voltage coils produced, improving production capacity.
Ebara subsidiary Elliott Group opened a new manufacturing facility in Bengaluru, India, to expand its compressor and turbine business across India and East Asia.
Atlas Copco Compressors LLC has acquired Appleton Compressor Service & Supply Inc., a long-established Atlas Copco distributor in Menasha, Wisconsin, turning the territory into a factory-direct branch. The deal's value was not disclosed.
Babcock International secured a UK Ministry of Defence contract to supply, repair and support hydraulic equipment for Royal Navy surface ships and submarines. The five-year contract includes an option for a two-year extension.
Sinoboom (Xingbang Heavy Industry) launched the second phase of its aerial work platform project in Ningxiang High-tech Zone, with 26,000 sqm of factory space and total investment of CNY 700 million. The expansion will add capacity for 5,000+ straight and articulated boom lifts per year.
Mazak Corporation announced an $8.5 million investment in new manufacturing technology for its Florence, Kentucky iSmart Factory. The investment includes a new manufacturing cell with automated storage and six advanced machine tools, with completion expected in late 2019.
Henkel Adhesive Technologies opened a new OEM Application Center in Rocky Hill, CT. The lab expands Henkel's capabilities to deliver customized applications, technologies and production processes for industrial assembly customers.
Unipart Rail acquired Westcode, a supplier of rail air supply equipment and door systems, including its Westcode Inc and Westcode UK businesses. The businesses will keep trading under their own brands in the US and Europe.
WINKEL supplied a heavy-duty linear guide for a new Fanuc M-2000iA/1200 robot at Power Machines Russia's turbine blade production line in St. Petersburg, replacing a previous system to handle heavier blades.
The Belgium Naval & Robotics consortium, formed by Naval Group and ECA Robotics, was selected in March 2019 to supply 12 minehunting vessels to the Belgian and Dutch navies. The contract is worth nearly EUR 2 billion over 10 years, with first delivery expected in 2024.
Hydro plans to install a 4,500-ton press line at its Cressona, Pennsylvania location and a 7,000-ton press line in the West region to serve automotive, transportation and construction markets. The presses are expected to be operational by 2020.
Dana acquired the Drive Systems segment of the Oerlikon Group, including the Graziano and Fairfield brands, expanding its e-propulsion capabilities.
Optomec, a provider of additive manufacturing systems, acquired Huffman, a company specializing in metal 3-D printing and machining.
Sofindev, via its SOFINDEV IV fund, acquired a significant stake in Mabo-Lifting. The announcement was made on March 1, 2019.
Atlas Copco acquired Appleton Compressor Service & Supply, a long-established US distributor of its compressors based in Wisconsin with about 15 employees. The purchase price was not disclosed.
Select Tool de Mexico expanded its plant to 30,000 square feet and is commissioning a large-capacity 5-axis CNC machine (3.0M x 2.0M x 1.5M) and added crane lifting capacities up to 20 tons at its facility in Querétaro, Mexico.
The second phase of SW Germany's Suzhou factory, built with an investment of EUR 18 million and covering 20,000 square meters, started operations in October 2023 with an annual production capacity of 250 sets of machine tools.
SW Germany will invest CNY 100 million to upgrade its Chongqing plant in the coming 3-5 years.
SW Germany will invest an additional EUR 5 million in the third phase of its factory in Suzhou, Jiangsu province, over the next three years. The second phase, built with EUR 18 million, started operations in October 2023 with an annual capacity of 250 machine tools.
Westone Laboratories, in partnership with HealthEdge Investment Partners, acquired Custom Protect Ear, the largest custom-fit industrial hearing protection manufacturer in North America. The deal closed on February 28, 2019.
KraussMaffei signed a share purchase agreement to acquire Pultrex, a UK-based composites technology company, strengthening its position in the composites market.
Italian manufacturer Safim, a portfolio company of Ambienta, completed the acquisition of OMNI Hydraulik Ritter GmbH, a German distributor of hydraulic valves and brake pumps for off-highway vehicles. The deal was announced on 28 February 2019.
Duplomatic Motion Solutions, sponsored by Alcedo SGR, completed the purchase of hydraulic technologies provider Hydreco from Clyde Blowers Capital, which had owned it since 2008. Hydreco's sales were over £25.6m.
Magnitogorsk Iron and Steel Works (MMK) has commissioned a new cryogenic air separation unit built at its oxygen shop for 4.2 billion rubles, supplied by Kriogenmash; it has produced 100 million cubic meters of industrial gases.
Dallas Industries delivered a new UnderLoop SpaceSaver feed line to Wico Metal Products in Warren, Michigan, for use in automotive stamping. The line handles steel up to 0.250 in. thick and 36 in. wide, with coils up to 30,000 lbs.
Dongfeng Forging Co., Ltd. placed an order with SMS group for an MP 5000 eccentric forging press with a forging force of 5,000 tons for its plant in Shiyan, Hubei, China.
Industrial Service Solutions, backed by Edgewater Growth Capital Partners III, completed the acquisition of Madison-Smith Machine & Tool, a Kentucky-based plant maintenance, repair and precision machining provider, in December 2012.
FlexBlow is adding a new 3,500 sq m manufacturing facility to its 10,000 sq m site in Kretinga, Lithuania, to increase capacity for its FlexBlow8 hybrid stretch blow molding machines, with production expected from July 2019.
Danfoss replaced a 28-year-old washing system at its facility producing pump housings for oil pumps, with a fully automatic washing facility including two robots, installed by Anmasi at the end of 2018.
Gleason Corporation signed a definitive agreement to acquire all assets of Daetwyler's Faessler gear honing business, including machines, workholding and tools, for an undisclosed amount.
Valmet agreed on February 26, 2019 to acquire North American GL&V, a global supplier of technologies, rebuilds and spare parts to the pulp and paper industry, for an enterprise value of about EUR 113 million on a cash and debt free basis. Completion is estimated at the earliest on April 1, 2019.
Yantai Dunhan Bush Compressor Co. has invited tenders for construction of its intelligent compressor factory in Yantai, Shandong, with planned investment of about 100 million yuan and a 14-month schedule.
恒锋工具 announced a 353 million yuan investment to upgrade its manufacturing facilities in Haiyan, Zhejiang, including new buildings and equipment.
NG Metalúrgica expanded its facilities with a new 4,200 m² mechanical shop at the Capim Fino Industrial Complex in Piracicaba, Brazil. The company discontinued its old factory and consolidated all industrial activities at the complex from January 2019.
Italy-based Simem S.p.A. has finalized the purchase of Team Mixing Technologies, Inc., which will become part of Simem Underground Solutions in Abbotsford, British Columbia.