Midea Group will invest ₹1,350 crore over five years to build a 68-acre technology park in Supa, Parner, Ahmednagar, India, producing air conditioners, refrigerators, washing machines, compressors and other electronics. Commercial operations expected by April 2020, creating over 2,000 jobs.

The construction arm of Larsen & Toubro has won orders worth Rs 1,329 crore across smart world communication, transportation infrastructure, and water and effluent treatment businesses.

GF Machining Solutions, a division of GF, won orders worth approximately USD 100 million from aircraft engine manufacturers and their suppliers in North America, to be delivered from 2019 over four years.

Koenig & Bauer agreed to take over 80 per cent of folder gluer maker Duran Machinery's business in Istanbul, integrating it as Koenig & Bauer Duran.

BMA Braunschweigische Maschinenbauanstalt GmbH has appointed Dr Dirk Steinbrink as new CEO, succeeding Dr Rolf Mayer, and SMAG has become the new majority shareholder.

Bandit Industries finalized its transition to a 100% employee stock ownership plan (ESOP) on November 1, 2018, with former owners Mike Morey Sr., Dianne Morey and Jerry Morey selling the company to employees. The management team remains in place.

The Brandt Group of Companies acquired Camex Equipment Sales & Rentals Ltd. of Edmonton, Alberta, effective November 1, 2018. The deal creates a new division, Brandt Truck Rigging & Trailers, expanding Brandt into the specialty transportation equipment sector.

Harlow Group Ltd., a UK-based company, will invest $8 million to establish its first US precision sheet metal fabrication plant in Danville, Virginia. The facility will create 49 new jobs and include a U.S. Training Center of Excellence.

Rotunda Capital Partners has acquired MacQueen Equipment, a distributor of industrial and emergency equipment serving municipalities and commercial customers in the US Midwest.

Mitsubishi Electric Automation Machine Manufacturing (Changshu) Co., Ltd. completed the first phase of its expansion project for industrial controller production, adding capacity for 358,800 servo systems, 174,000 programmable controllers, and 46,800 human-machine interfaces. Trial production began November 1, 2018.

Portescap, along with Kollmorgen, Thomson, and Jacobs Vehicle Systems, has become part of Altra Industrial Motion Corp, making Altra a global leader in power transmission and motion control.

Methods Machine Tools has entered into an agreement to represent Niigata Machine Techno USA throughout the U.S., Canada and Mexico, adding Niigata's horizontal machining centers to its product line.

Seco Tools, a division of Sandvik Machining Solutions, has agreed to acquire Kunshan Ousike Precision Tools Co., Ltd (OSK), a Chinese supplier of solid carbide round tools. The transaction is expected to close in the first half of 2019.

Sandvik Coromant, a division of Sandvik Machining Solutions, has agreed to acquire Dura-Mill Inc, a US manufacturer of precision solid carbide end mills. The transaction is expected to close before the end of 2018.

Wolong Electric Group completed its acquisition of GE's mid- and low-voltage motor business (SIM) for $160 million, effective June 30, 2018. The deal includes GE's Industrial Motors Mexico Corp. and Motor Services Corp., and a 10-year trademark license.

Tata Hitachi, a construction and mining equipment maker, plans capital expenditure of INR 200-250 crore over two years at its plants in Kharagpur, West Bengal and Dharwad, Karnataka. Production of 65-tonne and 120-tonne excavators will move from Jamshedpur to Kharagpur within a month.

Alstom launched production of on-board transformers for electric locomotives at its EKZ joint venture in Astana, Kazakhstan. The facility is expected to reach a capacity of 300 transformers per year with 100 employees at full capacity.

Valmet has received a repeat order for a Valmet IQ Process and Quality Vision system from BillerudKorsnäs for its Skärblacka mill in Sweden. The system was installed on paper machine PM 7 and taken into production use in August 2018.

Park Energy Services has completed the acquisition of substantially all assets of Midcon Compression, a division of Chesapeake Energy, including a facility in Hinton, Oklahoma and a gas compressor fleet. The deal lifts Park's compression fleet to over 150,000 horsepower.

China's Guangxi Fenglin Wood Industry Group has been given approval to lease land to build and operate a $100 million-plus particle board factory in Kawerau, New Zealand, expected to create 110 jobs and produce 600,000 cubic metres annually.

Huissel, a die and sheet metal part supplier, has invested in a Schuler MSP 800 servo press and will set up a new building at its Enkenbach-Alsenborn factory, described as the largest single investment in the company's 100-year history.

MKS Instruments has agreed to acquire Electro Scientific Industries (ESI) for $30.00 per share in an all-cash transaction valued at approximately $1 billion, to broaden its position in industrial markets.

Arvind Ltd received NCLT approval to demerge its branded apparel business into Arvind Fashions and its engineering business into Anveshan Heavy Engineering, effective from November 2018.

Volkswagen AG agreed to buy MAN SE's 100% stake in MAN Energy Solutions SE and 76% stake in Renk AG for approximately €1.85-2.05 billion, to separate the Power Engineering business from the TRATON truck group.

FANUC America Corp. broke ground on a new $51 million North Campus facility in Auburn Hills, Michigan, scheduled to open in fall 2019. The 461,000-square-foot expansion will house engineering, product development, manufacturing, and warehousing, and is expected to create 100 jobs.

Zoomlion officially launched its access division at a new factory in Wangcheng District, Changsha, Hunan Province, with five automated production lines and an annual production capacity of 12,000 scissor lifts. The company targets 6,000 unit sales in 2019, generating about RMB500 million ($72 million) in revenue.

SigmaTEK Systems, author of SigmaNEST nesting software for sheet metalworking, has been acquired by venture capital firm Battery Ventures. The deal value was not disclosed.

Shenyang Machine Tool (Group) Co., Ltd. cancelled its planned acquisition of Zhongjie Machine Tool Co., Ltd. and several other entities from Shenyang Machine Tool Co., Ltd. The deal, valued at CNY 1, was originally signed on October 26, 2017, and cancelled on October 26, 2018.

Maximator GmbH signed a contract with AWG Abfallwirtschaftsgesellschaft Wuppertal to plan, deliver, install and commission the hydrogen refueling infrastructure for Wuppertal's fuel cell buses, with implementation starting from 2019.

Hagong Intelligent announced a cash acquisition of 100% of NIMAK Group (NIMAK GmbH, NIMAK KG, Nickel GmbH), a German industrial welding equipment provider, for EUR 88.0358 million.

Mitsubishi Heavy Industries will build a new factory on the site of its Nagoya Aerospace Systems Works Oye Plant and lease it to U-MHI Platech, a maker of injection molding machines. Construction starts December 2018, completion March 2020, with transfer by July 2020.

U-MHI Platech Co., Ltd. announced it will lease a new manufacturing plant for injection molding machines to be built by Mitsubishi Heavy Industries at its Oye Factory in Nagoya, Japan. Construction starts December 2018, completion March 2020, with operations transferring from the Iwatsuka Factory in July 2020.

Bennett Packaging has installed a second Barberan Jetmaster digital press at its Lee's Summit, Missouri site, a 48-inch machine added to its existing 66-inch press.

Infore Environment's purchase of 100% equity of Changsha Zoomlion Zonke Environmental Industry via share issuance was approved by the China Securities Regulatory Commission. The deal, valued at 11.6 billion yuan, was initially led by Infore Group in August 2017.

A new plant for producing high-voltage electric motors and generators opened in Chelyabinsk, Russia, as a joint project between Transneft, Konar, and Nidec. The plant will produce up to 300 electric motors per year, primarily for oil pipeline pumping units.

Abengoa selected Siemens to supply a compressor train, steam turbine and balance-of-plant equipment for Fulcrum BioEnergy's Sierra BioFuels plant in Storey County, Nevada, which will convert municipal solid waste into aviation fuel. Equipment is expected to ship in mid-2019.

Danfoss acquired the majority of Artemis Intelligent Power, an Edinburgh hydraulic R&D firm, to gain its Digital Displacement technology. Artemis will become a joint venture with Mitsubishi Heavy Industries, with Danfoss as majority shareholder.

CSSC-MES Diesel placed the first order for MAN's ETB40 EGR blowers, to be installed on vessels built with several MAN B&W 7G60ME-C9.5 two-stroke main engines.

MAN Energy Solutions launched its ETB40 electrical turbo blower for exhaust gas recirculation at a ceremony in Shanghai, hosted by its two-stroke licensee CSSC-MES Diesel. The blower supports IMO Tier III compliance.

Sarapulsky Electrogeneratorny Zavod (SEGZ) in Udmurtia, Russia, launched an investment project to modernize production of built-in electric motors for pipeline valve actuators. The project costs 143.9 million rubles, with 100 million rubles in concessional loans from the Industrial Development Fund and the Udmurt Entrepreneurship Development Fund.

Metal Shark announced a contract to build three 120' x 35' river towboats for Florida Marine Transporters, Inc. Construction is underway at Metal Shark Alabama, with deliveries commencing in 2019.

Jack Sewing Machine Co. Ltd. acquired 80% of Vibemac shares through a joint venture. Vibemac China will be created for the Chinese market.

Röhm Products of America acquired Master WorkHolding, a custom prismatic workholding manufacturer based in Morganton, North Carolina.

Hanwha Aerospace's subsidiary Hanwha Precision Machinery will acquire the machine tool business from Hanwha Corp./Machinery for KRW 69.3 billion.

Woojin I&S (Woojin I.N.S.) signed a KRW 14.7 billion supply contract with Sail E&S for coating duct work on the P-PJT project.

Phoenix Mecano Group plans to acquire an 80% stake in China-based Mei Hui Machinery Co., Ltd., a metalworking specialist in Zhejiang Province. The transaction is expected to close in 2019, subject to regulatory approvals.

ANDRITZ received an order from Celulosa Arauco y Constitucion to supply pulp production technologies and process equipment for the modernization and extension of the Arauco pulp mill in Horcones, Chile. The order value is about EUR 300 million, with start-up scheduled for Q1 2021.

TMC Compressors will supply a compressed air system with two 235 kW instrument air compressors and an adsorption air dryer for the Liuhua FPSO, built at Qingdao Beihai's yard in China. The contract value is undisclosed.

Gienanth Group GmbH has acquired SLR Austria Group, including three production sites in Austria and Czechia: SLR-Gusswerk II, SLR-Metallbearbeitungs-Gesellschaft, and SLR-CZECHIA. The deal was signed on July 27, 2018 and closed on September 1, 2018.

Precision Cut Industries Inc. broke ground to expand its manufacturing space by 14,000 square feet and office space by 3,000 square feet at its headquarters in Conewago Township, Adams County, Pennsylvania.