Perkins Engines has agreed to buy out IHI Agri-Tech's remaining shares in their joint venture for Perkins 400 Series off-road engines, which has produced over 1 million engines.
Lubao Cement has ordered three vertical roller mills from Loesche for a new 4500 t/day cement plant in Bei Liu, Guang Xi, China. The project is handled by Sinoma (Suzhou) Construction.
Hitachi Construction Machinery Co., Ltd. announced an agreement with KTEG Kiesel Technologie Entwicklung GmbH to establish a new joint venture company for developing electric construction machinery for the European market. The agreement was announced on October 1, 2018.
JCB received a $72.8 million contract extension from the U.S. Department of Defense to manufacture approximately 180 High Mobility Engineer Excavators (HMEEs) through 2020. The company expects to double HMEE production by mid-2019 and add about 20 jobs.
MBtech Bohemia, a member of France's AKKA Group, launched operations at its new plant in Plzeň. The facility, valued at 51 million crowns and covering 1800 m2, includes manufacturing and development facilities for jigs, robotic welding, and long-term vehicle testing.
Woodside signed up as foundation buyer in Australia for Humidur, a two-part epoxy coating that requires minimal surface preparation, to improve corrosion protection productivity for its Burrup Hub and Karratha assets.
UMW Corporation Sdn Bhd and Komatsu Ltd entered into a joint venture agreement for UMW's heavy equipment business. UMWC holds 74% and Komatsu holds 26% of the joint venture company UMW Komatsu Heavy Equipment Sdn Bhd.
Emergent BioSolutions extended its partnership with ABEC and added a dual-purpose single-use system at its Bayview facility in Baltimore, Maryland. ABEC shipped a custom CSR dual-purpose system for microbial fermentation and mammalian cell culture.
Chinese group Qingdao Haier has acquired 100% of Italian home appliance company Candy from the Fumagalli family for €475 million.
EIRICH has won an order from Agripower Australia to supply mixing and granulating technology for a new diatomaceous earth granulation plant in Queensland, Australia, to be operational in 2019.
China Glass (03300) announced it will acquire all shares of Olivotto Glass Technologies S.p.A., a manufacturer of glass production equipment, for HKD 196 million.
Lointek, through Lointek Heavy Industries, S.L., is building a new production plant at the Port of Bilbao with an investment of EUR 5 million. The facility will cover 9,800 square meters and will be used for manufacturing and assembly of large, heavy special parts.
Bonfiglioli Transmission Pvt Ltd, the Indian subsidiary of Bonfiglioli Riduttori S.p.A., commenced operations at a new 1.32 lakh square foot manufacturing facility in Thirumudivakkam, Chennai. The facility has a capacity to produce 75,000 units of gear boxes, gear motors and drive systems per year.
Schenck Process Group announced the acquisition of Process Components Ltd (PCL) and its subsidiaries, including Kemutec Group Inc. in the US, from EPIC Private Equity. PCL is a UK-based designer and manufacturer of powder processing and handling equipment.
Lenze laid the foundation stone for its Mechatronic Competence Campus in Extertal, North Rhine-Westphalia, a roughly €50 million investment that will employ more than 800 people. Completion is planned for end 2019 with operation from early 2020.
Kolbus Group acquired all shares in Autobox Machinery Ltd, parent of British Converting Solutions Ltd (BCS), for an undisclosed price. BCS is a UK-based manufacturer of corrugated box making, printing and gluing machines.
Komatsu announced plans to build a $285-million headquarters in Milwaukee.
Sarens was contracted by RFCL through EPC contractor Bridge and Roof Company to perform heavy lifts at the Ramagundam Fertilizer Plant in India. The project involves construction of a new ammonia and urea plant with a total investment of approximately $750 million.
Komatsu Mining Corp. announced plans to build a new, state-of-the-art headquarters and manufacturing campus in Milwaukee's Harbor District, investing nearly $300 million. The 2.5 million-square-foot South Harbor Campus is expected to be completed in 2022.
Metalex Manufacturing has selected Starrag to supply a large-capacity, multi-axis Droop+Rein portal-type machining centre for its new Center for Advanced Large Manufacturing in Cincinnati, Ohio. The machine is the largest ever installed by the contract manufacturer.
North MS Tool, Inc. is investing $700,000 to expand its production center and relocate operations from Booneville to Ripley, Mississippi. The company began operations in August at a rented facility from CECA Forge.
Chart Industries signed a definitive agreement to acquire VRV s.p.a. and its subsidiaries, makers of cryogenic and energy and petrochemical pressure equipment, for €125 million plus assumed debt of about €70 million.
Siemens announced it will cut 2,900 jobs in Germany, including 700 in Berlin (430 at the Dynamowerk and 270 at the Gasturbinenwerk), to save €270 million. No compulsory redundancies or site closures are planned.
Multistack LLC, a manufacturer of cooling, heating and energy-recovery systems, acquired Budzar Industries, a maker of custom temperature-control and pumping systems. Budzar will operate as a wholly owned subsidiary, keeping its executive team and facilities.
Sheffield Forgemasters International Ltd installed the UK's largest five-axis vertical turning lathe (VTL) as part of a £6 million upgrade of its machining facilities in Sheffield, UK. The machine, manufactured by BOST and supplied by McDowell Machine Tools, will improve capacity for complex machining of components for defence, nuclear, and pressure-vessel markets.
Société du Grand Paris and Île-de-France Mobilités awarded Alstom a contract worth up to €1.3 billion to design and build up to 183 driverless metro trains for lines 15, 16 and 17 of the Grand Paris Express. The first trains will be delivered from 2022 and enter service in 2024.
Feldmeier Equipment Inc. opened a new $15 million, 133,000-square-foot stainless steel tank factory in DeWitt, New York, replacing its previous facility and planning to grow workforce to 200-250.
UK filtration equipment manufacturer Amazon Filters secured a significant investment from Business Growth Fund (BGF) to support organic growth and expand its distribution network.
Lemken acquired Machinefabriek Steketee B.V., including its soil cultivation division Rumptstad, to expand its crop care product portfolio with mechanical weed control and camera-assisted technology. Steketee employs about 50 people in the Netherlands.
Bruks Siwertell will deliver a comprehensive package of equipment, including a truck dumper, receiving hopper and belt conveyor, for Evergreen Packaging's paper mill expansion in Canton, North Carolina. Installation is planned for completion in late 2019.
Nuctech Warsaw, a Chinese manufacturer of scanners, is expanding its plant in Kobyłka, Poland, with a new 6,000 sqm hall that will double production capacity to up to 20 large scanners per year. The company invested 40 million PLN in the facility and plans to hire 80 additional workers.
Hidden Harbor Capital Partners acquired Anchor Danly and its sister company AWC Mfg., both based in Windsor, Ontario. Anchor Danly provides die sets, steel plates, and metal fabrication for industrial tooling.
ONCAP, the mid-market private equity platform of Onex, has acquired a majority stake in Montreal-based Walter Surface Technologies, with the Walter Group retaining a minority interest.
Master Power Transmission completed the acquisition of the LMI Reducer product line, which includes shaft mount and screw conveyor reducers for bulk material handling. LMI is based in Ada, Oklahoma.
URACA GmbH & Co. KG acquired DYNAJET GmbH of Nürtingen on 24 September 2018. DYNAJET will remain a standalone brand and keep its development and production at Nürtingen.
DTS UK Ltd has been appointed by Spanish lathe manufacturer Geminis and German machine tool producer Knuth to run their sales and service operations in the UK.
Transtecno was awarded a contract to supply 40 helical bevel geared motors from the ITB series for a mining project in Australia.
Krones took over the business operations and assets of Shanghai Xiantong Equipment Installation in China, forming Krones Processing (Shanghai) to provide turnkey process technology solutions.
Jining Haitui Heavy Industry Machinery Co., Ltd. opened a new bulldozer plant on 20 September 2018. The 40,000 m² facility has over 100 workers and an annual capacity of 2,000 crawler bulldozers.
TECO Electric & Machinery broke ground on a small-motor plant in KCN My Phuoc III Park, Binh Duong Province, Vietnam on July 5, 2018. Mass production is scheduled to start in April 2019, with a target capacity of 300,000 motors per year.
Dürr will build a new high-tech paint shop at Toyota's US plant in Georgetown, KY, including EcoReflect paint application quality control system, paint booths, ovens, and exhaust-air purification systems. The order was received in June 2018.
Ningbo Tianhui Machine Co., Ltd. passed a factory inspection by Siemens headquarters and will become a direct supplier to Siemens in Berlin, Germany, with orders placed from the German headquarters.
Japanese compressor maker Anest Iwata has acquired a 51% stake in Shanghai Screw Compressor, known as SCR Comp, to fund new products such as high-speed turbo machines and quality control improvements.
The Timken Company acquired Rollon Group, a specialist in linear motion solutions, from Chequers Capital and IGI Private Equity. Rollon has over 600 employees and operations in Italy, Germany, and the United States.
Hidden Harbor has acquired Anchor Danly and AWC Manufacturing. The announcement was made on September 19, 2018.
ShangGong Group (SGSB) acquired a 65% stake in Tianjin Richpeace Computer & Machinery Co., Ltd. for a total investment of $23 million, including $20 million for equity and $3 million for capital increase. The acquisition was announced at Richpeace's 12th anniversary celebration in Baodi, China.
Schmitz Cargobull will add two production lines at its Panevezys, Lithuania plant for S.KO box semi-trailers and M.KO truck box bodies, tripling capacity from 10 to 30 units per day by April 2019. Operations are expected to begin in October 2019.
Motion Industries, a subsidiary of Genuine Parts Company, has acquired Hydraulic Supply Company, a full-service hydraulic, pneumatic and industrial products distributor, with the transaction completed on October 1, 2018.
Nilpeter opened a 3,500 sqm manufacturing and development facility with a technology center in Mahindra World City, Chennai. The site houses over 70 employees and will more than double the press manufacturing capacity.
Schmitz Cargobull's supervisory board approved a €100 million investment package for its Vreden factory in Germany, to build a digital and automated plant for box semi-trailers. The investment is part of Strategy 2025 to become global market leader.