Loparex announced the purchase of a new high-speed tandem extrusion coating machine from Sung An Machinery Co. Ltd (SAM) to double its poly-coated release liner capacity in Europe. The machine will be operational in early 2020.
Claren Tools Srl acquired SFA Eurostampi, a mold supplier for the automotive sector, forming the Claren Tools Group.
Imply Tecnologia confirmed a R$20 million investment to expand its factory in Santa Cruz do Sul, Brazil, creating about 50 new jobs. The project includes acquiring a 3-hectare plot and building a new unit focused on innovation.
Eckhart Inc. completed a facility renovation at its Reed City, Michigan location that doubled administrative office space, tripled manufacturing capacity, and established an Industry 4.0 technology showcase. The subsidiary Logic Plus was renamed Eckhart.
Kinshofer has acquired Hammer SRL, an Italian manufacturer of hydraulic breakers and attachments for excavators and other equipment. Hammer generates about EUR 20 million in annual revenue and employs over 100 people.
Haizea Wind Group has reached an agreement to acquire 80% of Grupo WEC, a Basque company specializing in large cast and boiler components for wind turbines. The acquisition expands Haizea's product portfolio to include shafts, rotors, and frames for wind towers.
Sarens has opened a new crane depot in High Bridge, near Hinkley Point C, with capacity for five cranes and potential for future expansion.
MAN Energy Solutions won an order to supply 18 MAN B&W 9S50ME-C9.6 main engines for nine RoRo vessels for Grimaldi Group, to operate in the Mediterranean. Hyundai Heavy Industries will build the engines and Jiangsu Jinling Shipyard will build the vessels, with delivery from 2020.
Danfoss India announced a four-point plan including a ₹100 crore investment over two years to expand its mother plant in Oragadam, increase localisation from 40% to 71%, and double production capacity of hydraulics cooling drives in Pune and heat exchangers in Baroda. Additionally, a new plant for low-voltage drives will be set up with $15 million investment, operational by September 2019.
Aflex Hose, a manufacturer of hoses for automotive and pharmaceutical industries, has started building a new 17,000 m² factory in West Yorkshire, UK. The facility will consolidate five existing sites, include new extrusion lines, and boost capacity by 70%. Construction is expected to complete by end of 2019, with manufacturing starting in Q2 2020.
Eddyfi Technologies, a world leader in advanced non-destructive testing technologies, has acquired Inuktun Services Ltd., a developer and manufacturer of remotely operated crawlers and camera systems. The transaction also includes the merger of sister company Crystal Cam Imaging with Inuktun.
Fives has been selected by LEICHT Küchen AG to supply a complete robotic sorting solution for its new 40,000 m² factory in Schwäbisch-Gmünd, Germany, including a 3,000-slot robotic sorter and robotic cells for assembly lines.
Drake Enterprises plans to expand its manufacturing facilities in Clinton Township, Michigan, adding a 38,000 sq. ft building for swaging. The project involves $18.9 million investment and is expected to create 125 jobs.
Valmet received an order from The Price Companies for a new debarking and chipping line at their facility in Georgia, USA. The order was booked in Q4 2025, and start-up is scheduled for Q4 2027.
Baker Hughes will supply six heavy-duty gas turbines and 12 centrifugal compressors to the $10 billion Golden Pass LNG export terminal near Port Arthur, Texas. Financial terms were not disclosed and the deal was confirmed on 7 February 2019.
Schuler Group is under contract to develop and build a 30,000-metric ton closed-die forging press for Otto Fuchs KG. The press is scheduled to start production in January 2021.
Z Capital Partners, L.L.C. has acquired Techniks Tool Group, a provider of tool holding and workholding products for CNC machine applications serving industrial end markets.
Dormer Pramet has acquired Wetmore Tool and Engineering, a US-based manufacturer of HSS and solid carbide cutting tools for the aerospace industry, based in Chino, California.
Kato Works Co., Ltd. completed construction of its Bando Plant in Bando City, Ibaraki Prefecture, on January 29, 2019. The factory will begin manufacturing and storage of construction machinery parts in April 2019.
Toscotec has been awarded a contract by Smurfit Kappa Cellulose du Pin to rebuild the entire dryer section of its PM5 paper machine at Facture, Aquitaine, France. The project is scheduled for start-up in the first quarter of 2020.
Bauer Massstabfabrik has set up a state-of-the-art production plant in Asia, in addition to its main plant in Laufen, to meet increasing global market demands. The expansion includes an integrated sawmill for quality control.
Bell is extending its European articulated dump truck factory in Eisenach-Kindel, Germany, adding two new production halls with a combined area of 12,000 square metres. The expansion is scheduled for completion in mid-2019.
Resonetics announced the acquisition of Caribou Technologies, a Minnesota-based supplier of centerless grinding, forming, coiling, machining and laser processing for the medical device industry.
Advantech completed the acquisition of an 80% stake in OMRON Nohgata, a subsidiary of OMRON Corporation. The acquired entity will be renamed Advantech Technologies Japan and will focus on factory automation, machinery, and medical sectors.
Nikolaus SORG GmbH & Co. KG was awarded a contract by Wiegand-Glas for the planning, delivery, construction and commissioning of a glass-melting system for a new plant in Schleusingen.
Stihl has inaugurated a 20,000-square-meter expansion at its Langkampfen site, investing €22.8 million and creating around 150 new jobs, to boost production of lawn mowers and other garden equipment.
Pinette Emidecau Industries has been awarded a contract by CCI de Bayonne Pays Basque for the supply of a thermoplastic composite thermoforming line, valued at EUR 888,200.
Swiss precision drive specialist Maxon Motor acquired British geared motor manufacturer Parvalux Electric Motors Ltd. as of February 2019 for an undisclosed sum. Parvalux has 185 employees and annual revenue of £23 million.
Vigor Industrial will take over the former Christensen Yachts facility in Vancouver, Washington, to execute a $1 billion, 10-year U.S. Army contract for landing craft. The project is expected to employ up to 400 people. Concurrently, Vigor will close its Ballard plant and move about 60 jobs from Clackamas, Oregon to Vancouver.
Vermeer Corporation purchased Vac-Tron Equipment, LLC, a Florida-based vacuum excavation equipment manufacturer, and plans to integrate it with McLaughlin Group, Inc. (acquired in 2017) under the combined group Vermeer MV Solutions.
Alamo Group announced plans to build a new $15 million manufacturing facility for its Super Products vacuum trucks operation in Mukwonago, Wisconsin. The plant is expected to commence operations in Q1 2020.
A-K Maskiner has acquired a 50.1% stake in Westreng maskinforretning, with an intention to become sole owner within five years. The new entity, A-K Westreng maskin, will have three locations in Østfold and southeast Akershus, Norway, and is expected to generate approximately NOK 125 million in revenue.
Mazak has acquired MegaStir, advancing its HYBRID technology. No financial details were disclosed.
Safety Technology Holdings (STH), a portfolio company of Bridgepoint, has acquired OpTek Systems, a manufacturer of laser processing equipment and provider of micro-machining and optical fiber processing services.
BYD's wholly-owned subsidiary Shenzhen BYD Lithium Battery Co., Ltd. agreed to acquire a 32.5% stake in Dongguan Derui Precision Equipment Co., Ltd. for CNY 52 million.
Italian Interpump agreed to buy 100% of Fluinox, a Valencia-based maker of processing equipment for food, cosmetic, chemical and pharmaceutical industries, for at least 11.15 million euros including the agreed price and the box value.
Siemens was selected as compressor equipment provider for PAO NOVATEK's Arctic LNG 2 project, supplying three feed gas and six boil-off gas compressors for three liquefaction trains, with the third train's equipment partly fabricated locally in Russia.
Disco completed a new seismic isolation building (Building A, Zone C) at its Kuwabatake plant in Kure, Hiroshima Prefecture, with a total floor area of about 65,900 m² and total investment of about ¥13.8 billion. The expansion increases production space by about 1.5 times for precision processing tools, with operations starting sequentially from February 2019.
Nidec Corporation agreed to acquire a 70% ownership of DESCH Antriebstechnik GmbH & Co. KG and its group companies on January 31, 2019.
Lightweight Innovations for Tomorrow (LIFT) installed the HELLER FP 6000 5-Axis Machining Center at its Detroit research facility, enabling full-scale parts production and testing in-house.
Arctic Slope Regional Corporation's subsidiary ASRC Industrial Services acquired K2 Industrial Services, parent of KM Plant Services, KM Industrial Services and Mansfield Industrial. K2 provides industrial cleaning and multi-craft services.
HANZA Holding AB acquired Toolfac Oy, a Finnish high-tech manufacturer specializing in machining with about 60 employees and annual turnover of SEK 80 million. The purchase price is estimated at SEK 34 million.
Weiss Technik North America has acquired Cincinnati Sub-Zero's test chambers and test laboratories divisions. CSZ will be retained as a product brand, and all CSZ employees will be retained.
Augury has acquired Alluvium, a company specializing in operational data analytics for industrial systems. The merger aims to combine Augury's hardware and machine learning with Alluvium's software platform.
Norjon Precision Engineering installed a high-speed DA300 vertical machining centre from Makino, supplied as a turnkey package by NCMT with an Erowa storage and handling system, at its Gosport factory. The investment supports automated production of aluminium and stainless steel components.
Trelleborg Wheel Systems acquired Pneus ICM Inc, a Montreal-based industrial tire distributor and service provider, the second largest in the Montreal area. The deal expands Trelleborg's distribution network in eastern Canada.
Metalex Manufacturing Inc., a US contract machining company, has invested in a Droop+Rein T portal machining centre from Starrag, its largest investment to date. The machine will be used for machining large workpieces.
PT Dayasa Aria Prima decided to convert a paper machine from coated and uncoated paper to corrugated medium production with expected capacity of 230,000 tons per year. PMT will supply main components for the rebuild.
The duMONT Company and Hassay Savage Company, which merged on January 1, 2019, plan to relocate and expand into a new 24,400-square-foot manufacturing facility in Deerfield, Massachusetts. MassDevelopment issued a $2.8 million tax-exempt bond to support the project, which includes new equipment.
Ålö AB opened a new factory in Ningbo, China, in October 2018, doubling its production capacity for front loader attachments and brackets. The facility includes 2.2 hectares of factory space and 0.175 hectares of office space.