Burckhardt Compression was awarded a contract by Hanwha Ocean to supply 14 high-pressure boil-off gas compressors for seven 174,000 m3 LNG carriers. It is the first commercial deployment of its new BOG compressor generation.
Chart Industries and Flowserve have finalized their $19 billion merger of equals, combining Chart's cryogenic technologies with Flowserve's flow control systems. The deal closed in February 2026 and is expected to yield $300 million in annual cost synergies.
Sypris Technologies received an award to supply high-pressure closures for the Venture Global CP2 LNG Export Terminal and CP Express Natural Gas Pipeline in Louisiana and Texas. Terms were not disclosed and shipments are expected by year-end 2023.
Sypris Technologies received an award to supply specialty high-pressure closures for the Permian Highway Pipeline Expansion Project in Texas, with shipments expected to be completed by year-end. Terms were not disclosed.
Edwards Vacuum, part of Atlas Copco Group, opened a 250,000-square-foot facility in Genesee County, New York, to expand US production of dry vacuum pumps for the semiconductor industry. The site is expected to employ up to 600 people.
Atlas Copco Comptec opened a 63,000-square-foot expansion in Voorheesville, New York, to increase production of large integrally geared centrifugal compressors and turboexpanders. The site's workforce is expected to reach about 340.
Pyradia was awarded a contract to supply a high precision oven to Les Trempes LD, a steel heat treating company. The value and date of the contract are not specified.
Henan Tongren Aluminium Industrial Co., Ltd placed an order with Otto Junker GmbH for a horizontal solution heat treatment line with water quench for aluminium plates for the aircraft industry. Start of production is scheduled for Q1 2020.
Shareholders of Husillos Ipiranga and Shuton have reached an agreement to create a leading European ball screw manufacturing group, integrated into IAZ Group. The merger combines a century of cumulative experience.
MAIER Packaging GmbH will become a fully-owned subsidiary of OPTIMA packaging group GmbH, effective June 1, 2018.
inTEST Corporation announced that its subsidiary Ambrell Corporation opened a new 80,000 square foot manufacturing facility in Rochester, New York, transferring all operations from Scottsville. Tenant improvements total $2.1 million, offset by $1.09 million in grants.
The Plastilene Group commissioned a VAREX II nine-layer blown film line at its Novalene subsidiary near Bogotá, Colombia. It is the first nine-layer extrusion line of its width in Latin America.
Haizea Wind inaugurated a wind tower and offshore foundation manufacturing plant at the Port of Bilbao, Spain, with an investment exceeding EUR 60 million. The plant can produce 300 offshore tower sections and 100 monopiles per year.
Co.Stamp s.r.l. completed the acquisition of Modelleria Brambilla S.p.A. in a reverse merger transaction. Co.Stamp will hold a 90.9757% stake in Modelleria Brambilla after the deal.
Caterpillar Inc. plans to invest $73.6 million through 2021 to renovate its Lafayette, Indiana facility, adding 125 new jobs with an average hourly wage of $27.95.
Granco Clark, Inc. is expanding its manufacturing facility in Belding, Michigan by 50% to increase capacity for aluminium extrusion equipment. The expansion will improve material flow, system demonstrations, and pre-shipment assembly.
Kinshofer acquired the Schaeff Transverse Cutter business from Atlas GmbH. The product line will be launched globally as the WS-Series Drum Cutters.
VolkerRail has secured a seven-year national on-track tamping contract from Network Rail worth almost £100 million, covering the supply of tamping machines, ballast regulators, operators, and engineering services.
Festo is planning to invest $30.1 million to build a stepper and motors production unit in Bulgaria, its third factory in the country, pending permits.
Ambrell Corporation, a subsidiary of inTEST, opened a new 80,000 sq ft induction heating manufacturing facility in Rochester, New York, after moving from Scottsville. Tenant improvements were estimated at $2.1 million, partly offset by $1,090,000 in state and local grants.
Siemens has launched a new production line for 3RW5 series motor soft starters at its low-voltage switchgear plant in Trutnov, Czech Republic, with an investment of approximately 500 million CZK. The line incorporates Industry 4.0 digitalization elements.
Wabtec Corp. entered into a definitive agreement to combine with GE Transportation, a unit of General Electric Co., in a deal valuing GE Transportation at $2.9 billion cash plus 50.1% ownership in the combined company.
General Electric is nearing a deal to merge its transportation business, which manufactures train engines, with Wabtec Corp. The combined business is valued at more than $20 billion.
Advanced Cutting Systems plans a $784,000 project to install new manufacturing equipment at its Piper Drive site in Fort Wayne, Indiana, creating 12 new jobs.
Trelleborg plans a $3.6 million expansion at its Bremer Road facility in New Haven, Indiana, adding an 8,000-square-foot building and creating 40 jobs. Construction is expected to start in June 2018 and be complete by January 2019.
RMK Merrill-Stevens partnered with Marine Travelift to add a new 100 BFMII mobile boat hoist (100 metric ton capacity) to its Miami shipyard. The machine will be operational later in summer 2018, expanding the yard's capacity as part of modernization efforts.
Sigma Thermal and Flaretec have merged, with Flaretec becoming part of the Sigma Thermal group. The new partnership will open an office in Dubai under the name Sigma Thermal Middle East.
Ingersoll Rand plans to invest nearly $30 million in its Mocksville plant in Davie County, North Carolina, and create 25 jobs by the end of 2019. The plant makes rotary, centrifugal and Thermo King air compressors.
Yanfeng Global Automotive Interiors (YFAI) has adopted Lectra's Vector iX6 advanced fabric-cutting solution for its new vehicle program in Anting, China. The solution is intended to increase capacity and fabric-cutting efficiency.
RAIS, a leading Bulgarian manufacturer of CNC metal-cutting and metalworking machines, opened a new production base in Pazardzhik. The facility cost BGN 8.6 million and covers 3,800 sq m, creating 40 jobs initially.
Jinfangyuan, a joint venture of Trumpf and Jiangsu Jinfangyuan CNC Machine Tool, opened the first phase of its Nanyuan project in Yangzhou, China. The EUR 100 million facility will produce over 500 laser cutting machines annually.
One Source Manufacturing Technology expanded its Leander, Texas facility by 7,800 square feet, adding to the existing 30,000 square feet of office and manufacturing space. The expansion was completed on March 29, 2018.
Emerson agreed to acquire Aventics, a smart pneumatics technology maker with central offices in Laatzen, Germany, from Triton for a cash price of €527 million. Aventics has about 2,100 employees, five manufacturing locations and 2017 sales of $425 million.
Makita Romania organized a groundbreaking ceremony on May 16, 2018 for a new production unit (Phase IV) at its factory in Brănești, Ilfov County, Romania. The ceremony was held on May 16, 2018.
正代机械与森合公司宣布合并经营,正代机械拥有经营主导权,森合品牌TRIDENT将继续保留。
KONE won an order to provide elevators for the 54-story tower at 110 North Wacker Drive in Chicago, marking the North American debut of KONE UltraRope technology. KONE will supply 30 traction elevators and 10 turnstiles.
Valmet will supply a high-speed containerboard making line to a customer in Zhejiang province, China. The line will produce recycled fluting grades and is scheduled to start up at the end of 2019.
Garaventa Lift officially opened a new 115,000 sq ft factory and office facility in Surrey, BC, Canada, representing a multi-million-dollar investment. The facility triples capacity and houses over 200 employees.
Trumpf announced an €8 million investment in Trumpf China in Taicang, where construction crews broke ground in April for a multipurpose facility for a workforce of 590.
Trumpf opened a new €12 million production facility for its subsidiary JFY in Yangzhou, China. The facility is the largest production site in the Trumpf Group, covering 19,000 m².
Global Compressor LP has opened a service repair center in Houston, Texas, stocked with more than 28,000 compressor parts and able to refurbish and ship parts the same day.
Bilfinger won a multi-year contract from Linde to install systems, piping, steel structures, and perform insulation and corrosion protection work for a new polypropylene plant in La Porte, Texas, owned by Braskem. The total project volume is $675 million, with Bilfinger's portion being a relevant part.
AGCO invested US$10 million to construct a larger facility at Balvanera Industrial Park in Corregidora, Queretaro, Mexico, and has begun operations. The new plant expects annual production of 4,000 tractors, expandable to 10,000.
China Railway Construction Heavy Industry (CRCHI) completed and put into production a high-end underground engineering equipment manufacturing base in Changsha, China, with an investment of 5 billion CNY. The base will create 3,000 jobs and add annual output value of over 5 billion CNY.
Iowa-based Caterpillar dealer Altorfer acquired Chicago-based Caterpillar dealer Patten Industries, expanding its territory into northern Illinois and northwest Indiana.
Grimme inaugurated a new production facility in Tianjin, China, with an investment of over €13 million. The plant includes 12,500 sq. m of factory floor and 1,400 sq. m of office space, initially producing potato cultivation equipment for the Chinese market.
Holroyd Precision secured an order valued over £1.4 million to supply a Holroyd TG 350E helical rotor and thread grinding machine to a major industrial group in Northern China. The machine will be delivered in early 2019.
Heinola Sawmill Machinery will replace the secondary breakdown of Stora Enso Veitsiluoto Oy's sawline with a new RG-406 rotary gang, including infeed and outfeed equipment. Deliveries, installation and commissioning will take place in Kemi next autumn.
Valmet will supply an external packaging board machine line to Hamburger Rieger GmbH's Spremberg plant in Germany. The order value is typically around 70-90 million euros, though not disclosed.
thyssenkrupp opened a new escalator production facility in Dilovası, Kocaeli, Turkey, with a €20 million investment. The plant will produce 1,200 escalators annually in the first phase and serve as an export hub.