Weiler Abrasives Group is expanding operations at its Cresco, Pennsylvania facility through lean manufacturing and automation investments, consolidating power brush manufacturing from its Suzhou, China facility, which will close.
Infore Environment Technology Group announced plans to acquire a 100% stake in Zoomlion Environmental Industry Co for about 15.25 billion yuan.
BENALU has taken over the activities of the Maisonneuve Group, a French leader in tank-vehicle design and manufacture. Maisonneuve's plant in Cérences, France, has a turnover of around €20 million and employs 130 people.
Infore Environment (000967.SZ) announced it will acquire 100% of Zoomlion Environmental (Zhonghuanjing) for 15.25 billion yuan via share issuance. The sellers include Ningbo Infore, Zoomlion Heavy Industry, and others.
Clean Seed Capital Group Ltd. signed an agreement to acquire Harvest International, a U.S. planting equipment manufacturer. The acquisition unites the two companies to expand precision agriculture technology in North America.
Kaishan Group is building a 65,000 sq ft corporate headquarters and air compressor plant in Loxley, Baldwin County, with a USD 11 million investment and about 62 jobs. A groundbreaking was held and completion is planned for the second quarter of 2019.
Valmec has been awarded a contract by APA Group for compression equipment overhaul and maintenance services at the refurbished Orbost gas plant in Victoria, part of Cooper Energy's Sole project. The article reports total wins of A$14 million, but the contract value is not specified.
Ferrum AG, a Swiss company, has acquired Hiller GmbH, a German decanter centrifuge manufacturer. Hiller will retain its brand and location in Vilsbiburg.
Seco Machine finalized plans to move to a new, larger plant in Green, Ohio. The $8 million, 120,000 sq. ft. facility will include manufacturing, distribution, and office space, replacing its current 75,000 sq. ft. space in North Canton.
Baker Hughes, a GE company, and Hoerbiger Kompressortechnik Holding signed a comprehensive cooperation agreement covering new compressor equipment and aftermarket services for API reciprocating compressors, with Hoerbiger becoming authorized service provider in 25 countries.
Dearing Compressor & Pump Co. completed its acquisition of Pittsburgh-based Kruman Equipment Co., which had been founded in 1936; the Krumans sold the business when they retired.
AGCO completed an 8,500 m² expansion of its Ibirubá, Brazil plant, including a training center and engineering area, as part of a $16 million investment over five years. The plant produces planting equipment, front loaders, and fertilizer distributors for Massey Ferguson and Valtra.
Oshkosh Corporation will establish a manufacturing facility in Jefferson City, Tennessee, creating more than 300 jobs over three years. The facility will house welding and fabrication operations in a renovated former John Deere building and is expected to be operational in 2019.
Gerresheimer will increase capital expenditure by 2-4 percentage points of revenues in 2019-2020 for capacity expansion at Horsovsky Tyn (Czech Republic), further automation investments, and a new plant in Eastern Europe.
Universal Polymer & Rubber (UP&R) has acquired Gasko Fabricated Products of Medina, Ohio, a die-cutting converter of polymer and hybrid materials for gaskets, seals, and diaphragms. The Medina facility will transition to UP&R's Tallmadge, Ohio facility.
FANUC will expand existing facilities and build a new factory in Japan to boost production of robots, Robocut EDM units, and Roboshot injection moulding machines. The new factory will have capacity for 1,000 robots and 50 wire-cut EDM machines; an existing facility will be enlarged to increase Robocut EDM production by 50 units/year. Total investment is ¥8.3 billion (£56.3 million).
Doosan Infracore North America (DINA) and Bobcat Company are splitting into separate sister companies under Doosan, with DINA focusing on heavy construction equipment and Bobcat on compact equipment. The split was planned and aims to help Doosan become a top-five heavy equipment manufacturer in North America.
HNK Machine Tool Co., Ltd signed an agreement to supply a VTC-25/40 vertical turning and boring machining center with Siemens CNC to Artyomovsky Machine-Building Plant 'Ventprom'. The deal value is approximately 95 million rubles.
Rath Group signed a contract with Siemens for the supply of 3 Vectron multisystem locomotives for freight transport in several European countries. The locomotives will be built at Siemens' Munich-Allach factory and delivered starting December 2018.
Continental has acquired a 100% shareholding in Czech machine tool manufacturer VÚK. The acquisition strengthens Continental's tyre assembly machinery business and its presence in Otrokovice, Czech Republic.
The Meusburger Group has acquired Berlin-based ERP and PPS software manufacturer Segoni. Segoni will continue to operate as an independent company, and all employees will be retained.
Citizen Machinery Vietnam celebrated the opening ceremony of its Phase 3 Extension Factory in the Nomura Hai Phong Industrial Park, Vietnam, on July 10, 2018.
Chiron celebrated the groundbreaking for its new 'Chiron Precision Factory' in Neuhausen ob Eck, Germany. The 14,000 m² facility, with a capacity of 450 machines per year, represents an investment of over €30 million and is expected to be completed in autumn 2019.
Ruizhi (Qingdao) Precision Electromechanical broke ground in Qingdao's West Coast New Area on a project adding 3 million compressors of capacity, with a total investment of RMB 387 million and about 41,000 square metres of new plant. Output is expected to rise from 9.36 million to 12 million units.
MAN Energy Solutions held a groundbreaking ceremony on June 26, 2018, for its new United States headquarters and service shop in Brookshire, Texas. The facility will house over 140 employees and provide repair services for reciprocating engines and turbomachinery.
Muller Holdings, through its Redditch site, purchased a Nakamura NTY3-150 CNC machine from Engineering Technology Group, bringing its total CNC investment to over £1 million. The machine will help meet increased automotive work and new contracts.
Spanish packaging line maker Canopack is opening a new plant expanding its floor space from 1,800 m2 to 3,800 m2, with an investment of EUR 1.5 million, EUR 600,000 of it for machinery.
Liebherr-Hydraulikbagger GmbH broke ground on a €35 million logistics centre for production at its Kirchdorf an der Iller site. The project will be completed in two stages by the end of 2020.
Mazak started assembly operations at its new plant in Inabe, Japan, with a $176 million investment. The 603,000 sq ft facility will produce five-axis machining centers and increase production capacity by 20%.
Propapier, part of Progroup AG, awarded machine builder Voith Paper the contract for a new PM3 containerboard paper machine in Sandersdorf-Brehna, Germany, with production due in the second half of 2020. The greenfield project is part of a EUR 375 million investment.
Propapier awarded Voith Paper the contract for a new PM3 paper machine at a EUR 375 million greenfield containerboard plant in Sandersdorf-Brehna near Bitterfeld. The machine is due to start in the second half of 2020 with an annual capacity of 750,000 tonnes and create about 140 direct jobs.
Caterpillar announced a $40 million expansion of its equipment assembly plant in North Little Rock, Arkansas, which could add 250 jobs over the next two years. The expansion will add paving products to the local production schedule.
Partners Group has agreed to acquire Ammeraal Beltech, a global leader in lightweight conveyor belting, from Advent International. The combined enterprise value of the Megadyne and Ammeraal acquisitions is EUR 2 billion.
Exlabesa has ordered a second 35-MN extrusion press from SMS group for its Minden, Germany plant, expanding capacity for aluminium profiles.
Exlabesa has awarded SMS group a contract to supply two 35-MN extrusion presses for its plants in Doncaster, England and Minden, Germany. Each press has an annual capacity of about 10,000 tonnes of aluminium profiles.
Prima Power opened a new technology centre in Neufahrn, near Munich, Germany, to better serve the German-speaking market.
Haskel's Sunderland, UK plant will produce its new hydraulically-driven H-Drive gas booster for the global market, as announced on 2018-07-05.
Sandvik completed the acquisition of French metrology software company Metrologic Group from Astorg Partners for EUR 360 million on a cash and debt free basis. Metrologic Group will be reported under Sandvik Machining Solutions.
Group Rhodes has relocated to new premises in Wakefield, investing £800,000 in refurbishing and re-equipping the facility, and creating 21 new jobs. The site was officially opened on July 4, 2018.
Jack Sewing Machine Co. Ltd. has acquired 80% of the shares of Vi.Be.Mac. spa for approximately EUR 23 million. The Guerreschi family will retain management of Vi.Be.Mac. in Italy.
Blast Cleaning Technologies leased a 127,000-square-foot former Allis-Chalmers building in West Allis, Wisconsin, to expand its manufacturing and assembly space. The company will invest about $2 million in the building and equipment, bringing 70 jobs with potential for 30 more.
Ardenton Capital Corporation has acquired a majority stake in PP Control & Automation, a UK provider of strategic manufacturing outsourcing solutions. The investment will support growth to £40 million turnover.
Caterpillar confirmed a R$12 million investment to expand its factory in Campo Largo, Brazil, which produces backhoe loaders and wheel loaders. The expansion will support the launch of two new products in 2019.
Bondhus Corporation, a hand tool manufacturer, has completed its acquisition of Huot Manufacturing, a maker of cutting tool storage systems. The acquisition was announced on July 3, 2018.
Pumori and Okuma started series production of CNC machine tools (Genos L300M) in Yekaterinburg, Russia. Investment is 4 billion rubles, with planned annual output of 120 machines by 2020.
KKR completed its acquisition of Hyperion, a provider of hard and super hard materials for metalworking, from Sandvik on July 2, 2018. Ron Voigt was named CEO effective upon close.
NUM collaborated with Chinese machine builder Original Point Machine Tools (OPMT) to develop the ML125 8-axis multi-function CNC machining centre, which combines high-speed laser cutting and milling capabilities. The machine is controlled by NUM's Flexium+ 68 CNC platform.
Bodycote opened a new facility on the Advanced Manufacturing Park in Rotherham in July 2018 to support aerospace and power generation markets, following a contract with Rolls-Royce Civil Aerospace worth over £160 million over 15 years. The site has already begun expansion.
Kobelco Construction Machinery and The Manitowoc Company will end their OEM supply agreement in November 2018, under which Kobelco supplied Manitowoc with crawler cranes and Manitowoc supplied Kobelco with all-terrain cranes. Both will continue service parts support for 10 years.
Ruf Maschinenbau GmbH & Co. KG has taken over C.F. Nielsen A/S, effective July 1, 2018, adding mechanical briquetting and extruder compression technologies to its portfolio.