Krones acquired MHT Holding, a Hochheim, Germany-based producer of PET preform moulds and injection moulding tools, for an undisclosed sum. The acquisition strengthens Krones' PET value chain and tool manufacturing.
Klein Tools, Inc. acquired Ergodyne, a provider of workplace safety solutions, from Tenacious Holdings, Inc. Ergodyne will operate as a separate business unit in St. Paul, Minnesota.
Komatsu Mining Corp announced plans to build a $47 million customer support and service center in Elko, Nevada, and a $300 million headquarters and manufacturing campus in Milwaukee, Wisconsin. The Milwaukee campus will include advanced machine, heat treat, and fabrication shops, with completion expected in 2022.
A consortium led by Tecnimont S.p.A., including Performance Contractors Inc., was awarded a reimbursable contract by Exxon Mobil Corporation for front end engineering design and early procurement activities for new process units at a U.S. petrochemical complex. The initial activities are worth about $230 million.
Vermeer Corporation announced its purchase of Vac-Tron Equipment LLC, a vacuum excavation equipment manufacturer based in Okahumpka, Florida. Vac-Tron will be integrated with McLaughlin Group Inc., which Vermeer acquired in 2017, under the combined group Vermeer MV Solutions.
Valmet was selected to supply a high-capacity containerboard machine and automation solutions for the second paper machine at Hamburger Rieger's Spremberg mill. The announcement is dated 15 November 2018.
Hamburger Rieger is investing about €370 million in a second paper machine at its Spremberg mill in Brandenburg, adding 500,000 tonnes per year of containerboard capacity. Construction began in September 2018 with completion scheduled for 2020, and about 200 jobs are expected.
Siemens won a contract from Samsung Engineering and CB&I to supply two net-gas, two off-gas-related and hydrogen-recycle reciprocating compressors plus eight make-up hydrogen compressors for ADNOC's Ruwais Refinery upgrade. The project is slated for commissioning in 2022. The report is dated 15 November 2018.
Siemens was selected by Samsung Engineering and CB&I to provide 19 process reciprocating compressors for ADNOC Refining's crude flexibility project at Ruwais Refinery-West. The report is dated 15 November 2018.
Komatsu Mining Corp. announced plans to build a new headquarters and manufacturing campus in Milwaukee, Wisconsin, with a $285 million investment. The project is expected to create more than 400 jobs and be completed in 2020.
Mosdorfer LLC selects Oconee County, South Carolina, for its first U.S. operation with a $44.55 million investment creating 107 new jobs.
HMT Machine Tools Ltd. commissioned and handed over a three-axis CNC Vertical Facing Mill to ISRO's Satish Dhawan Space Centre for machining solid rocket motors, costing around ₹18 crore.
Makino Asia expanded its Singapore facilities and built a smart factory to meet increasing demand, with plans to equip it with Industry 4.0 automation by 2019.
Bruker Corporation signed an agreement to purchase 100% of the shares of Alicona Imaging GmbH, a provider of optical-based metrology products based in Graz, Austria. Financial details were not disclosed.
Sonaca Montreal signed a contract with Fives Liné Machines for a Liné Machines Macbormill 250 HS/5-2 machining center and a Liné Machines RoboTC 200 automated tool changer.
Takamatsu Machine Tool will establish a new factory adjacent to its main plant in Hakusan, Ishikawa Prefecture, to manufacture machine tool accessories, with an investment of 400 million yen.
Samsung Engineering and CB&I selected Siemens to provide 19 process reciprocating compressors for ADNOC Refining's crude flexibility project at Ruwais Refinery-West in the UAE, with commissioning expected in 2022.
Samsung Engineering and CB&I, a McDermott company, selected Siemens to provide 19 process reciprocating compressors for ADNOC Refining's crude flexibility project at Ruwais Refinery-West in the UAE, which will allow processing of up to 420,000 barrels per day of Upper Zakum crude. Commissioning is expected in 2022.
ELGi Equipments, an Indian air-compressor manufacturer, has acquired Pulford Air and Gas, an Australian compressed air business with nearly $20 million annual turnover, expanding its product range to 450 kW machines.
TDL Equipment won a deal for 23 Sany excavators valued at just under £2 million from Centre Plant, the largest single order for Sany excavators ever won by a European dealer.
Euromac Costruzioni Meccaniche unveiled the start of building a new production facility in Villanova Monferrato, Italy, to expand its manufacturing structure and commercial department. The facility is planned to be functional by Q4 2019.
Norwegian company KIS Partners AS has acquired Dutch companies Bijlsma Hijs- & Heftechniek BV and Primoteq BV simultaneously, expanding its crane services business outside Norway.
Goodyear is consolidating its two U.S. mold facilities into one and will close its Tall Timbers mold plant in Findlay, Ohio.
Colly Slipservice has invested in and installed an additional Reinecker WZS 70 CNC grinding machine with automation at its tool grinding facility in Huddinge, Sweden, increasing capacity for tool resharpening and special tool grinding.
Yozma Group has invested 18 billion KRW in Toptec and its subsidiary Lemon, with 10 billion KRW for Toptec and 8 billion KRW for Lemon, to support nano-fiber and next-generation energy industries.
Akiem and Bombardier signed two contracts for the delivery of 33 Traxx locomotives (mix of MS2, AC3, DC3) worth EUR 112 million. Deliveries will occur between 2019 and 2021.
Eastman Kodak agreed to sell its Flexographic Packaging Division to private equity firm Montagu for a base price of $340 million, with up to $390 million total including earn-outs and prepayments.
Waldrich Coburg sold its more than 200-ton Taurus milling gantry, the largest exhibit at the China International Import Expo, to a private company from Jiangsu province. The price was between EUR 4 million and EUR 5 million.
Sumitomo (SHI) Cyclo Drive Germany GmbH, a subsidiary of Sumitomo Heavy Industries, acquired Spanish industrial drive technology distributor and service partner Sociedad Industrial de Transmisiones (SIT) to expand its service offering on the Iberian Peninsula.
KP Linpac ordered a third Infrared Rotary Drum from Kreyenborg to expand thermoformed PET packaging capacity at its Beeskow site in Germany, with delivery planned for early 2019.
Cargotec's subsidiary MacGregor received clearance from the German Federal Cartel Office for its acquisition of the marine and offshore businesses of TTS Group ASA, announced on November 8, 2018.
Semperit Group completed another expansion stage at its Semperflex location in Odry, Czech Republic, investing EUR 27 million to increase production capacity to 100 million metres of industrial and hydraulic hoses. Total investments in the site over 20 years reached EUR 150 million.
W.W. Grainger will proceed with an $80 million blanket purchase agreement to provide industrial supplies to the Air Force's Warner Robins Air Logistics Complex, after a court rejected a protest by MSC Industrial.
E&E Cable Solutions (E&E Kabeltechnik) will open its fifth factory in Rawicz, Poland, expanding capacity by 10,000 m² for meterware production and cable assembly.
Kobelco Construction Equipment India Pvt Ltd (KCEI) will expand its hydraulic excavator factory in Sri City, Andhra Pradesh, increasing production capacity from 2,000 to 3,000 units per year. The building area will expand from 13,900 sq m to 20,900 sq m, with construction expected to be completed by the end of January 2019.
Nidec Minster Corp. is seeking a tax abatement for a 20,000-square-foot addition to its manufacturing facility in Minster, Ohio. The $6.05 million expansion is expected to create 25 new jobs and $1.2 million in new payroll.
DMG MORI invested €60 million to extend and digitize its FAMOT plant in Pleszew, Poland, expanding production and assembly areas to 21,000 m². The plant is now the first DMG MORI plant to operate digitally end-to-end.
Gardner Denver Holdings has acquired DV Systems Inc., a Barrie, Ontario manufacturer of rotary screw and piston compressors, funded with cash on hand. The price was not disclosed.
Tekna opened a $5.5 million facility in Sherbrooke, Quebec, to increase its annual metal powder production capacity to over 1,100 tons.
Hiab, part of Cargotec, completed the acquisition of Effer S.p.A., a knuckle-boom crane manufacturer, from CTE Group. The signing was announced on July 31, 2018.
Bell Equipment started the expansion of its Eisenach-Kindel facility in Germany, adding two new halls totaling 12,000 m² to treble floor space for articulated dump truck assembly. Completion is scheduled for mid-2019.
Otis inaugurated a new 2,000 square metre building at its Gien plant in Loiret, France, to develop its elevator modernisation and digital innovation activity, with an investment of several million euros.
Innovative Automation announced the acquisition of Tridan International from SKF/Kaydon Corporation, including all operations and facilities in Danville, Illinois. The acquisition expands IA's capabilities in heat exchange technologies.
Master Drilling and Ghella SpA formed a joint venture called TunnelPro and acquired the business and trademarks of SELI Technologies s.r.l., an Italian tunnel boring machine designer and manufacturer. The MTB was successfully commissioned at an Italian quarry site.
MCM, a subsidiary of Rifa Precision Machinery, signed a cooperation agreement with AVIC Chengfei at the first China International Import Expo. AVIC Chengfei signed purchase intentions with 18 suppliers totaling approximately RMB 4.3 billion, including MCM.
Engcon is investing 90 million SEK in high-tech CNC machines at Strömsunds Kvalitetslego's facility to triple production capacity of tiltrotators for the international market.
IPG Photonics Corporation signed a definitive agreement to acquire Genesis Systems Group, a robotic welding and automation integrator, for $115 million in cash. The transaction is expected to close in Q4 2018.
Applied Industrial Technologies has acquired Fluid Power Sales, a manufacturer and distributor of fluid power components based in Baldwinsville, New York. Terms of the purchase were not disclosed.
LiuGong India, a subsidiary of Guangxi LiuGong, announced plans to invest Rs 250 crore to strengthen operations and make India a second global sourcing hub after China. Hydraulic excavators and compactors will be exported from India to the Middle East, Africa and SAARC countries.
Guangdong Meizhi Compressor (GMCC), a Midea Group company, is setting up its first compressor manufacturing facility outside China at Supa Parner Technology Park in Maharashtra. Midea plans about INR 1,350 crore of investment there and expects operations to begin in 2020.