Hitachi Construction Machinery and KTEG Kiesel Technologie Entwicklung GmbH agreed to establish a new company to develop electric construction machinery and special application products for the European market.
Duguit Technologies acquired Bedi, a company based in Brazey-en-Plaine, France, that designs and manufactures end-of-line packaging machines for wine and other industrial processes.
Industrial Tooling Corporation (ITC) invested in a Walter Helitronic Power and an ANCA MX7 Linear grinding centre to increase cutting tool production capacity at its Tamworth facility.
ANDRITZ received an order from Holmen's Iggesund Paperboard to supply fiberline process technology and equipment for its Iggesund mill in Sweden, with start-up scheduled for Q4 2019.
Bavelloni SpA acquired 100% of Glaston Tools Srl from Glaston Corporation. The company, based in Bregnano, Italy, has been renamed Bavelloni Tools Srl.
TMC will supply a complete marine compressed air system, with two service and two control air compressors, for a newbuild 170,000 cubic metre FSRU being built by Samsung Heavy Industries for Höegh LNG. The contract value is undisclosed and delivery is scheduled for Q2 2019.
Sinomach Foundry and Metal Forming Co., Ltd (FMF) won the bid for an automatic air-flow high-pressure squeeze moulding line project for XCMG (Xugong Construction Machinery Group) on January 17, 2019.
Sky Power GmbH strengthened its partnership with Mejzlik Propeller to develop propellers coordinated to engines and customer applications for unmanned aerial systems.
Ramirent Finland Ltd has acquired SRV Kalusto Oy for EUR 21 million and entered a long-term cooperation agreement with SRV Group Plc. SRV Kalusto, an equipment rental company, has 33 employees and net sales of EUR 8 million in 2017.
Thöni is constructing a new 23,000 m² production hall in Pfaffenhofen, Austria. The outer shell was completed in December 2018, and interior work is expected to finish by end of March 2019.
Valmet finalized a contract with ARAUCO to deliver pulp drying and baling, recovery boiler and biomass boiler for ARAUCO's MAPA project, a new pulp production line at the Arauco Mill in Chile, valued at EUR 250-300 million.
FMF (Sinomach Foundry and Metal Forming Co., Ltd.) won the bid for a CNC Automatic Punching Production Line Project with 5-punching units for U-Beam from FAW Group Corporation, marking the 17th set of high-end intelligent automotive equipment provided by FMF to FAW.
PESCO will invest more than $7.5 million to expand its main production facility by 20,000 square feet in San Juan County, New Mexico, creating up to 180 jobs. New Mexico will provide up to $2.35 million in LEDA funds for the expansion.
Danfoss signed an agreement to acquire privately held Hydraulik Nord Fluidtechnik, a supplier of hydraulic steering solutions based in Parchim, Germany. The deal is intended to expand Danfoss Power Solutions' product portfolio and manufacturing capacity.
JCB Sales Ltd has been awarded a contract by the Danish Defence Acquisition and Logistics Organization (DALO) for the supply of 5-10 Highly Mobile Light Armoured Back Hoes, spare parts, repairs and training, valued at DKK 37,167,177.
Michelin completed the acquisition of Camso, strengthening its global leadership in the specialty business.
Northeast Building Products invested $15 million in a new 104,000 sq.ft. manufacturing facility in Philadelphia, Pennsylvania, which will house two Bystronic glass B'VARIO TPS IG lines to expand window and IG production capacity.
Chongqing Xin Runxing Technology Co., Ltd., a subsidiary of Guangdong Runxing Technology, began construction of a plant in Zhongxian, Chongqing, to produce 5,000 CNC machine tools annually. The project is part of a larger high-end equipment manufacturing industrial park.
Yaskawa Electric acquired Siemens AG's stake in the joint venture YaskawaSiemens Automation & Drives (YSAD), making it a wholly-owned subsidiary renamed Yaskawa Automation Drives (YAD), effective November 1, 2018.
DMG MORI acquired a 30% stake in INTECH and signed a partnership agreement in additive manufacturing, integrating SLM technology with INTECH's OPTOMET software.
Siemens Numerical Control (Nanjing) Co., Ltd. (SNC) will invest over 800 million RMB to build a new digital factory in Nanjing's Lishui Economic Development Zone, with capacity to triple.
Fonderie Mario Mazzucconi S.p.A. acquired full ownership of all shares in Tekal S.p.A. from AP Finance SA for a purchase price of EUR 4,350,000, with total transaction value of EUR 4,500,000. The acquisition was announced on December 17, 2018.
Matrix Tooling Services Ltd announced it has been acquired by Rubix Group, Europe's largest supplier of industrial MRO products and services. This is Rubix's first acquisition in the cutting tool industry.
The SDF Group built the most modern tractor factory in Europe under the Deutz-Fahr brand in Lauingen, Bavaria, with an investment of €90 million. Production started in 2016.
The Hickman family sold a majority interest in Brazeway Inc. to Axel Johnson Inc., a family-owned company based in Stockholm, Sweden, and New York. The Hickmans retain a minority stake.
Horizon Solutions has signed an agreement to purchase N. H. Bragg, an industrial and safety supplies distributor in New England. The transaction is scheduled to close on Jan. 1, 2019.
Dana Incorporated has broken ground on a new 32,000-square-foot service and assembly center at Fremaux Park in Slidell, Louisiana, relocating and expanding its operations for repairing and refurbishing industrial gearboxes. Construction began in November 2018 and is expected to be completed in summer 2019.
Kinkelder Metal Solutions acquired a stake in machine factory Odemar Metaal BV, creating a broader metalworking company. The deal was facilitated by Marktlink Fusies & Overnames.
Würth entered into a joint venture with Techtronic Industries Co. Ltd. (TTI) named WÜRTH MASTER POWER TOOLS LTD, based in Hong Kong. Würth owns a majority interest. The joint venture will develop and manufacture cordless tools.
Holroyd Precision Rotors, a division of Precision Technologies Group, has opened a new production cell in Spartanburg, South Carolina, USA, to supply compressor screw rotors to North American industrial air, air conditioning and refrigeration equipment producers. The facility represents a $12 million investment.
Gazprom chairman Viktor Zubkov attended the start of construction of a new multi-building compressor workshop over 15,000 sq m at the Kazanskompressormash plant in Kazan. The shop will make large compressors for natural gas liquefaction and is expected to start operating in 2020.
Somic America, Inc. announced the SOMIC-FLEXX III packaging machine, designed for a food producer with diverse customer requirements. The machine is being fitted with special formats at Somic's Minnesota headquarters and is expected to be installed at its new home in the first quarter of 2019.
Beston Group shipped three sets of egg tray making machines to Dominica in September 2018. The line includes one BTF-5-8 and two BTF-4-4 machines, with hourly outputs of 4000-5000 and up to 2500 pieces respectively.
Kalmar, part of Cargotec, has delivered 18 forklift trucks to Algeria's leading drilling contractor Entreprise Nationale des Travaux aux Puits (ENTP). The machines were ordered in Q1 2018 and delivered in Q3 2018, and Kalmar will also provide parts supply and operator training.
Diamond Mowers LLC purchased the ArborWolf brand skid-steer and tractor-mounted stump grinding product assets from Minnesota-based manufacturer WolfDesign. Terms were not disclosed.
Wood has been awarded a major contract to deliver engineering, procurement and construction services for a world-class plastics manufacturing facility along the US Gulf Coast, with a five-year term and peak deployment of about 1,100 employees.
Siemens announced the re-opening of its Worcester, U.K., plant after investing 30 million euros ($34 million) to overhaul the factory, more than doubling manufacturing capacity to 50 3D printers. The facility focuses on industrializing additive manufacturing for aerospace and automotive components.
Acmon Weighing & Automation (Ukraine) was assigned by Hellenic Glass Industry to renovate the complete Batch Plant of Biomedsklo in Ukraine, upgrading automation and adding production management software.
Siemens subsidiary Materials Solutions officially opened a new £27 million additive manufacturing facility in Worcester, UK, on December 12, 2018. The factory will produce high-performance metal parts using Selective Laser Melting technology.
NB Renaissance Partners signed a binding agreement to acquire control of Hydro Holding, a European hydraulic fittings producer, taking an 80% stake while founding families keep the rest. The seller is Mandarin Capital Partners.
VEGA Americas will build a 100,000-square-foot advanced manufacturing center in Geismar, Louisiana, with a $22.4 million capital investment, creating 120 new direct jobs.
Century launched its latest 1450G high-speed automatic die cutter at WePack 2026 in Shenzhen. The machine has a format of 1480x1200mm and maximum speed up to 7000 sheets per hour, securing 20 machine orders during the 3-day event.
CVT-Capellmann GmbH & Co. KG integrated its supplier HPC GmbH, acquiring its injection molding machines, personnel, and know-how, effective September 1, 2016.
Whirlpool officially opened its new dryer manufacturing plant in Łódź, Poland, as the final step of its 2015-2018 Industrial Plan for Poland. The total investment reached almost EUR 293 million.
SpanSet UK, a subsidiary of the Swiss SpanSet group, has purchased a 33% stake in CoreRFID, a Skelmersdale-based software firm that created the CheckedOK system for safety inspection compliance using RFID tags.
Comelz, a cutting machine manufacturer, acquired a majority stake in Develer, an Italian software and hardware development company, on November 30, 2018. Develer will remain independent and plans a new R&D unit and headquarters in 2019.
Nelson Automotive won a contract with Daimler to supply 200 N4s inverter stud welding systems for building Mercedes-Benz C-class and S-class models. The deal includes installation, commissioning, maintenance, and training.
Lincoln Electric acquired Coldwater Machine Company and Pro Systems LLC, two automation integrators, to expand its automated cutting and joining solutions portfolio. Combined annual revenue is approximately $55 million.
Allmand Bros., a Briggs & Stratton subsidiary, plans to expand its Holdrege, Nebraska facility with five new assembly lines, a prototyping lab, a new paint system and robotic weld cells. The expansion is expected to be complete at the end of 2019 and add 20 jobs.
Eurocrane (China) Co., Ltd. completed the acquisition of 100% of Voithcrane (via RVH and RVB) for EUR 49 million, gaining a high-end European crane brand.