Kanto Seiki announced a new building at its Eda factory in Maebashi, Gunma, to raise production capacity and productivity, with about ¥700 million investment and completion planned for August 2023.
Valmet will supply key process technology for Cheng Loong Binh Duong Paper's new containerboard machine BM 23 at its Ben Cat mill in Binh Duong Province, Vietnam. The order value was not disclosed.
Howden secured a contract from Azku Global Services, part of the Khudairi Group, to supply two screw compressor packages for flare gas recovery at the Majnoon oilfield near Basrah, Iraq.
Bosch Rexroth intends to invest in its mobile hydraulics site in Fountain Inn, South Carolina, to develop electrification of mobile machinery and related software. No investment amount was disclosed.
YIZUMI has won a major order from BYD worth more than CNY 300 million, including VAT, for all-electric injection molding machines with clamping forces from 90 to 550 tons for car interior and exterior trims.
Supplyco Qatar and Robopac Italy signed an exclusive distribution and service contract on September 20, 2022, at Supplyco's showroom. Robopac offers end-of-line packaging solutions and services.
Aerzen USA has agreed a transaction to acquire Vooner FloGard Corporation, a manufacturer of vacuum pumps and vacuum systems based in North Carolina, facilitated by Benchmark International. The article gives no deal value.
Bosch Rexroth will build a new 42,000 sq m plant in Queretaro, Mexico, investing about 160 million euros to make mobile hydraulics and factory automation components for North America. Opening is planned for mid-2023, with over 900 jobs after full commissioning in 2027.
T/CCI Manufacturing will invest over $20 million to retool its Decatur, Illinois facility for electric compressor manufacturing, creating more than 50 new jobs and retaining 103 positions, backed by Illinois REV tax incentives.
Taiwanese hydraulic valve maker Winner Hydraulics is building a brand-new factory to increase production capacity more than five times in coming years. Its Scandinavian partner WTB Control is expected to grow with it.
Bauer Compressors received an order from Prodeval for multiple containerized GRU 28-250 biogas boosting compression systems to be used on US dairy farms.
Helios Technologies signed a definitive agreement to acquire the assets of Daman Products Company, a Mishawaka, Indiana maker of precision hydraulic manifolds and integrated packages. The purchase price was not disclosed.
Phil Liao is stepping down as Chief Executive Officer of Pacoma after 13 years and will continue as Senior Executive Consultant. Douglas Rohn continues as President of Pacoma.
Leggett & Platt has acquired Pacoma Hydraulic Technologies, combining it with Precision Hydraulic Cylinders into Leggett & Platt Hydraulics. Pacoma will operate as a sister company with its own management and brand.
Turkmenistan's President signed a resolution allowing state concern Turkmengaz to buy compressors and spare parts from Pioneer House General Trading L.L.C. of the UAE at its own expense.
Dongya Machinery (301028.SZ) plans to invest RMB 733 million to build an air compressor manufacturing base in Tongan High-tech Zone, Xiamen. Construction is expected to be completed before 1 January 2025.
HORN has been contracted by Ambev to supply and build a third 400 tpd container glass furnace at a new plant in Carambeí, Paraná, Brazil. HORN acts as turn-key supplier including refractory materials, steel construction, and commissioning.
The Kirov plant Mayak received an approved loan from the Russian Fund for Industrial Development to move its gas compressor production to series output of 120 units per year. The total project budget is 206.1 million rubles and is expected to create 22 jobs.
Russian compressor maker AO NPO Kompressor won a tender to supply marine compressor equipment for a passenger-cargo ferry, including two electric starting-air compressors for the ferry's diesel generator.
Festo U.S. announced a new Global Production Center at its 47-acre campus in Mason, Ohio, scheduled to begin production by year end 2022, its first such center in North America.
Zhejiang Qilaoban Compressor Manufacturing is building a single-storey steel plant in Quzhou's Qujiang District to produce 1,000 screw air compressors, 20 centrifugal compressors, 500 refrigerated dryers, 500 PID air supply control systems and 1,000 air tanks per year. The project's investment is RMB 148.4 million, with main construction scheduled from Q4 2022 to Q3 2023.
Mondi plans to convert the paper machine at its planned Duino mill to produce about 420,000 tonnes per year of recycled containerboard, at an estimated investment of around €200 million. The plan supports its Corrugated Solutions plants in Central Europe and Turkey.
Knorr-Bremse won a framework contract from Alstom to equip at least 130 Coradia Stream regional trains with braking, entrance, HVAC and sanitary systems for trains serving Baden-Württemberg, with deliveries from 2023 to 2029. The value is in the lower three-digit million-euro range.
Bosch Rexroth and Weifu Group plan to form a joint venture in Wuxi, Jiangsu, to develop, make and sell hydraulic products for the Chinese market. Bosch Rexroth will merge its subsidiary Lezhuo Hydraulics into the venture, which still needs regulatory approval.
Ingersoll Rand agreed to acquire Shanghai Hanye Air Purifying Technology, an OEM supplier of compressed air dryers and filters with about $4 million annual revenue. It is one of three acquisitions announced on 1 August 2022 for a combined cash price of about $35 million.
Ingersoll Rand agreed to acquire Holtec Gas Systems, a nitrogen generator manufacturer in Saint Charles, Missouri with about $10 million annual revenue. It is one of three acquisitions announced on 1 August 2022 for a combined cash price of about $35 million.
Weber Maschinenbau is investing almost ten million euro in expanding and modernizing its Neubrandenburg plant, starting with a 3,200 square meter logistics center and later expanding halls 5 and 6. Construction started after the building permit was officially presented.
Atlas Copco has acquired Hamamcıoğlu Makina, a Turkey-based company that sells and services air compressor solutions, announced on 14 November 2023.
Atlas Copco has completed the acquisition of Sykes Group Pty Ltd from Seven Group Holdings, reported on 5 December 2023.
Atlas Copco has completed its acquisition of Kracht GmbH, a maker of external gear pumps, fluid measurement, valves, hydraulic drives and dosing systems, on 3 January 2024.
Atlas Copco Ltd has acquired Glaston Compressor Services Ltd, which will continue to operate as a standalone company within Atlas Copco Compressors UK under the Glaston name.
The Netherlands Authority for Consumers and Markets cleared the acquisition of industrial manufacturers Geveke and LEWA by Atlas, finding sufficient competition remains in industrial pumps and air compressors. The decision was dated 26 July 2022.
Nikkiso Clean Energy & Industrial Gases Group has added a Houston, Texas facility that manufactures and delivers ambient air vaporizers, now operational with customer deliveries underway.
Packaging manufacturer Thimm installed a new Bahmüller Turbox folder gluer and automated downstream equipment at its Wörrstadt site for EUR 4.2 million, to meet rising e-commerce packaging demand.
D'Hondt Thermal Solutions (DH-TS) was awarded by KZJV the design and manufacture of modularized air-cooled heat exchangers for the Plaquemines LNG facility in Louisiana owned by Venture Global. Engineering will be in France and manufacturing in Korea.
Cameroon's SODECOTON awarded a letter-order to RW King for two screw air compressors for its ginning plants, for 35,000,000 FCFA with 90 days for execution. The decision is dated July 20, 2022.
Italian investment firm Ambienta agreed to acquire HolwegWeber, a machinery maker for paper-based flexible packaging, to combine it with its In.Pack Machinery. The combined group will have 7 production sites on 3 continents and 400 employees.
Mettler-Toledo Rainin bought a new facility in Vacaville, California for $20.25 million at the end of June 2022 and plans to open it there. The announcement was reported on July 14, 2022.
Anduril Industries will invest $60 million in a new manufacturing and research facility at 1435 Hills Place Northwest in Atlanta, Georgia, creating more than 180 jobs in Fulton County over three years. The site will house Area-I, its unmanned aircraft systems subsidiary.
Siemens Energy was selected as single solution supplier for the all-electric 2.1 mtpa Woodfibre LNG terminal near Squamish, British Columbia, covering main refrigeration compressor trains, motors, drives and transformers. The contract value was not disclosed.
Sidel supplied and installed a complete PET bottling line at Mai Dubai, filling 86,000 bottles per hour in three formats, described as the fastest single line in the Middle East, Africa and Asia.
Spirax-Sarco Engineering entered exclusive negotiations with Qualium to acquire the Vulcanic Group, a Paris-based industrial electric heating maker, for €261.7 million on a cash and debt-free basis. The deal is expected to complete after regulatory approvals in the third quarter.
Atlas Copco will invest EUR 70 million over three years in its Wilrijk site in Flanders, covering additional R&D capacity, smart factory expansion, new production technology and staff retraining.
Atlas Copco has acquired FITEC S.A.S., a French distributor of rotary screw compressors based in Tarnos near Bayonne. FITEC has 8 employees and serves small and medium-sized industries. The purchase price was not disclosed.
Welch Packaging reported an expansion of its Indianapolis operations with a new 98-inch Fosber corrugator. The announcement was made in July 2022.
Bosch Rexroth, a Bosch subsidiary based in Lohr am Main, Germany, agreed to acquire US hydraulic valve maker HydraForce, with the purchase price undisclosed and subject to antitrust approval. The contract was signed on 15 July 2022.
Tellurian awarded Baker Hughes a contract for electric-powered ICL compressors and turbomachinery for the 37-mile Lines 200 and 300 natural gas pipeline in Louisiana that will supply the Driftwood LNG plant. The equipment will cost $240 million.
Howden was awarded a contract to supply three hydrogen diaphragm compressors for Raven SR's renewable hydrogen production facility in California, US.
Continental will invest over $40 million to build an industrial hydraulic hose production facility in San Luis Potosi, Mexico, creating about 150 jobs. The plant will add capacity for North American customers.
Dongsung Finetec signed a supply contract worth KRW 146.9 billion with HD Hyundai Samho Heavy Industries for insulation panels and membrane sheets, disclosed on June 29, 2022. The contract runs until February 4, 2025.