Koops has moved to a newly remodeled $2.2 million, 45,000 sq. ft. facility in Greenville, South Carolina, replacing its previous 15,000 sq. ft. location. The facility includes a 10-ton crane and two new Haas VF series mills, and plans to hire 20 new team members within five years.
Aggregate Industries has signed a £3 million deal with Siemens, making Siemens its preferred UK technology supplier. The partnership includes inverter drives, gearboxes, motors, and control panels, as well as training for apprentices.
Materials Sciences Corporation announced plans to expand its presence in Greenville County with a second facility, a $2.7 million capital investment creating 23 new jobs over five years. The new 32,000-square-foot facility will be located at 101 Pelham Davis Circle in Greenville, S.C.
Waterblasting Technologies (renamed) is breaking ground on a 65,000-square-foot addition to its Stuart, Florida facility, costing $10-11 million. The company expects to add 130 jobs over three years, expanding production bays from six to 18.
Stakeholders of Xerium Technologies approved the merger agreement with Andritz AG, under which Xerium will be acquired by Andritz. The transaction is expected to close in Q4 2018, pending remaining regulatory approvals.
weba Olomouc has expanded its production facility in Olomouc, Czech Republic, as part of a project that began in 2017. The expansion includes new press hardening lines and aims to meet growing demands from the international automotive industry.
Okuma has recently opened a dedicated technical centre in India to enhance technical support and after-sales service for local manufacturers.
Cold Logic has been awarded a multi-million dollar contract to construct and install cold and cool rooms for the first batch of three Hunter class frigates, partnering with UK company Ernest West & Beynon.
Okuma's new factory in Yingge District, New Taipei City, Taiwan began operations in August 2018. The factory has a total floor area of 14,000 m2 and will increase production capacity from 200 to 300 units per month, a 1.5 times increase.
Matrix Machine Tools Ltd, a Coventry-based manufacturer of grinding machines, is expanding into a new headquarters in Coventry Business Park, aiming to increase output from 20 to 100 machines per year and create 30 new jobs, doubling its workforce.
The Carlyle Johnson Machine Company has acquired Regent Controls, Inc., a manufacturer of clutch and brake controls. The acquisition was completed in May 2018, and a new 15,000 sq ft plant in Greenville, Rhode Island was installed by end of June, adding three jobs.
Sumitomo Machinery Corporation of America (SMA) will make a multi-million dollar investment in new machinery at its manufacturing operation in Augusta County, Virginia. The company will purchase new cranes, paint booth, washer/deburrer, automatic storage retrieval system, and assembly workstations, and will retrain 34 employees.
Lollicup USA signed a contract for a Koenig & Bauer-Flexotecnica EVO-XG flexo press, to be installed in its new 660,000-square-foot plant in Rockwall, Texas, with delivery in early 2019.
DataOnline, a global provider of IIoT solutions, has acquired Independent Technologies, a provider of hardware, software and services to the telecommunications, oil and gas, and power industries. The acquisition strengthens DataOnline's presence in the North American IIoT market.
Walther Spritz- und Lackiersysteme GmbH, a longtime subsidiary of the Wagner Group, will become part of J. Wagner GmbH and operate under the WAGNER brand. The merger aims to reduce complexity and leverage synergies.
The federal government signed a $610-million contract with Quebec's Davie shipyard to acquire and convert three icebreakers for the Canadian Coast Guard. The contract is expected to create 200 new jobs over two years.
Chinese explosives maker King Explorer Science and Technology will spend AUD 16 million to acquire a 51% controlling stake in Australian construction machinery maker Jacon Technologies. The deal is subject to regulatory approvals expected by end of September 2018.
Seven Group Holdings opened a new WesTrac heavy machinery facility in Casula, Western Sydney, built by AMP Capital, to support infrastructure projects.
Camfil USA is expanding its facility in Crystal Lake, Illinois, to meet growing demand for air filtration products. The expansion will add new state-of-the-art manufacturing processes and double future employee capacity.
GSH India, a subsidiary of GSH Group, renewed a three-year contract with JK Tyre to provide integrated facilities management services at JK Tyre's plant in India. The contract covers utility equipment operation and maintenance, statutory compliance, and energy audits.
China Hi-Tech Group (CHTC) signed a pre-closing agreement to acquire Oerlikon's nonwovens machinery carding business unit, including assets of Autefa Automation GmbH in Germany and shares of Oerlikon Neumag Austria GmbH. The deal is expected to close in Q3 2018.
Terex (China) signed an agreement with Changzhou National Hi-Tech District for a $100 million capital increase for the Phase III project at its Changzhou factory. The expansion focuses on manufacturing aerial work platforms and other engineering machinery components.
DMG Mori Seiki will invest ¥10 billion over three years in its main German plant to increase production capacity by 40%, and will also increase parts production at its Poland plant from October 2018.
Bharat Fritz Werner Ltd. (BFW) inaugurated a smart manufacturing facility in Hosur, Tamil Nadu. The first phase is 35,000 sqft and will double the company's machine building capacity when fully operational.
KPS Capital Partners signed a definitive agreement to sell the attachments division of International Equipment Solutions (IES Attachments) to Stanley Black & Decker for $690 million. The division includes Paladin, Genesis and Pengo brands.
Wilo commissioned Apleona Wolfferts Gebäudetechnik to equip its new 55,000 sqm Smart Factory production building in Dortmund with refrigeration and other building systems.
Grand Rapids-based private investment firm Auxo Investment Partners has acquired Midway Rotary Die Solutions, a die manufacturer in Williamston, Michigan. Auxo plans to add six toolmakers and machinists and four programmers across Midway and its existing portfolio company Bernal Rotary Dies.
Voith agreed a deal with Copamex of Monterrey, Mexico, to install a BlueLine stock preparation system at its Anáhuac mill, converting it to containerboard production of 260,000 tpa, with startup expected in early 2019.
Bolts & Nuts Corporation, a Tecum Capital portfolio company, has completed a merger with Technical Threads of Franklin, Indiana. Technical Threads is a provider of engineered pipe, valve and fitting fasteners and gaskets.
Simpson Technologies (Deutschland) GmbH, a subsidiary of Simpson Technologies Corporation, acquired Webac Gesellschaft für Maschinenbau mbH in Euskirchen, Germany, along with its subsidiaries in Sweden and the Czech Republic. The acquisition was announced on August 14, 2018.
Bilfinger Middle East was awarded a contract by Saudi Aramco for engineering, procurement and construction of a new air-pressure system at the Berri Gas Plant in Saudi Arabia, due for completion by the end of 2019.
Ziehl-Abegg established a new factory for EC motor manufacturing in the Hohenlohe Business Park, Germany, with an initial investment of EUR 28 million. The facility includes in-house resin production and expanded production area by 7,000 m².
Shoreline Group and Mota-Engil Africa signed a joint venture agreement to form Mota-Engil Nigeria, a new construction entity focused on engineering, procurement and construction contracts in Nigeria and sub-Saharan Africa. Shoreline holds 51% and Mota-Engil Africa 49%.
Siemens opened a new Test Observatory at its Norwood Motor Manufacturing plant near Cincinnati, Ohio, extending the testing range from 10,000 to 20,000 hp. The project began in 2016 and includes new testing equipment that recycles power to the grid.
Samson Agro A/S has held a topping-out ceremony for two new halls totaling 4,500 square meters at its headquarters in Viborg, Denmark, and started construction of a new workshop for Samson Agrolize.
Rotork received major contracts to supply electric and pneumatic valve actuators and gearboxes, including about 2,000 explosionproof units, to Hengli Petrochemical (Dalian) Refinery for its Changxing Island complex in Dalian.
Versalift, a Time Manufacturing Company, announced the acquisition of O.G. Hughes & Sons, resulting in the creation of a new company-owned distributor called Versalift Southeast, serving Tennessee, Georgia and Alabama.
Hilong Holdings' subsidiary Hilong Pipeline Engineering Technology Services obtained a contract from Zhongyou Pipeline Anticorrosion Engineering to provide anti-corrosion coating, concrete weight coating and anode installation for a Bangladesh single point mooring and double pipeline project, with total consideration of at least RMB173 million.
Sunpower Group secured Manufacturing and Services contracts worth RMB135 million with Hengli Petrochemical to manufacture core equipment including a distillation column, crystallisers and heaters for a PTA project in Dalian, China.
Voith Paper North America reached a deal with Copamex to install a BlueLine stock preparation system at Copamex's Anáhuac mill in Mexico, which is being converted to make containerboard. The system is due to start up in early 2019 and will output 260,000 metric tons per year of testliner and corrugated medium.
Kanthal acquired Custom Electric Manufacturing Co., a manufacturer of heating elements in North America, headquartered in Wixom, Michigan. The transaction closed on August 1, 2018.
Topcon established a new production line for optical surveying instruments at its existing Yamagata factory in Japan, expanding capacity to meet global demand. The expansion includes multiple production process upgrades.
Anoplate completed a $5 million expansion of its anodizing facility with three new advanced production lines, now in full production, representing the largest capital expansion in its 58-year history.
Interpump Group has acquired 100% of Ricci Engineering Srl, a start-up based in Orvieto, Italy, that designs, builds and installs plants for breweries and winemakers.
Japan's Tadano Ltd and India's Escorts Ltd formed a joint venture in August 2018 to manufacture high-capacity mobile cranes in India. Tadano holds 51% and Escorts 49%, with an initial investment of INR 60 crore (approx. USD 8.5 million). Production is expected to commence at Faridabad, Haryana in Q3 2018.
Chinese listed company CSG Smart Science & Technology has acquired MAKA Systems, a German developer and producer of CNC special machines for wood, aluminum and plastics processing. The purchase agreement was signed on August 23, 2018, with closing expected by the end of October 2018. The purchase price was not disclosed.
Universal Dynamics (UNA-DYN), a PiovanGroup company, completed its move to a new 10,000-square-meter facility in Fredericksburg, VA, designed to double production capacity for storage, conveying, blending, drying and size reduction equipment.
Coesia agreed to acquire 60% of the ceramic business of System S.p.A., to be incorporated into a new company named System Ceramics, with Franco Stefani retaining a 40% stake and remaining Chairman.
Bouygues Construction and Colas Rail completed the acquisition of Alpiq Intec AG and Kraftanlagen München GmbH (Alpiq Engineering Services) for an enterprise value of 850 million Swiss francs. The acquired companies employ about 7,650 people and generated sales of approximately 1.7 billion Swiss francs in 2017.
Komatsu plans to move its Chinese wheel loader, dump truck and excavator production facility to a new site in Changzhou, with 15% higher capacity, starting production in 2010. It also acquired 630,000 square metres of land and will establish a Komatsu China Techno Center.