AMKODOR-Mash will build a new plant in Kolodishchi, Belarus, to produce loaders and tractors, with a capacity of 6,000 machines per year and creating 1,350 jobs.
Hawk Ridge Systems acquired Cimtronics Midwest, a reseller of manufacturing software tools.
Amada North America will invest $87 million in a new facility in High Point, North Carolina, to manufacture press brake bending equipment, creating 201 jobs over five years.
Hydromega signed a consortium agreement with RHS and AMEK Offshore to supply onboard hydraulic systems and devices for two Kormoran II naval ships. The article is dated 8 May 2018.
Rotating Machinery Services, a portfolio company of Incline Equity Partners, acquired AC Compressor and CONMEC Engineered Compressors from Baker Hughes, a GE company. The aftermarket turbomachinery services firm gains replacement parts and OEM-style capabilities; the announcement was dated 8 May 2018.
Shenzhen Kaizhong Precision Technology Co. Ltd. acquired the shares of smk GmbH & Co. KG, a German company. The deal was announced on May 7, 2018.
Private equity firm Finatem has acquired 100% of Gothaer Fahrzeugtechnik GmbH, a system supplier of products for the crane and construction industry. The company employs 370 people at two sites in Gotha and Eisenach and generated revenue of around EUR 50 million last year.
HAVER & BOECKER and WINDMÖLLER & HÖLSCHER signed a letter of intent to form a joint company focused on filling and palletizing systems for free-flowing products. Each will hold a 50% share.
Tenable Screw, a UK subcontract manufacturer of turned parts, acquired a Tornos MultiSwiss 6X14 multi-spindle machine to add flexibility and capacity at its Wimbledon headquarters.
FANUC CORPORATION is expanding its ROBOSHOT and ROBOCUT factories and constructing a new machining factory at its headquarters in Yamanashi, Japan, to increase production capacities for robots and injection molding machines.
Titan Machinery, the world's largest Case IH dealer, is acquiring the Agram Group, a Case IH dealer with 80 employees at four locations in eastern Germany.
Machine tool manufacturer Tsugami plans to double output capacity in India over the next several years by expanding its factory in Tamil Nadu and renting floors from a neighboring factory, raising monthly output to about 100 units from 40-50.
TMC Compressors of the Seas signed contracts to supply five marine compressors for a floating storage and regasification unit being built by Hyundai Heavy Industries for Swan Energy's LNG terminal in Jafrabad, Gujarat, India. Deliveries are scheduled for 3Q18 and July 2018.
Pettit Machinery and Ag-Power Texas have merged with United Ag & Turf, effective May 3, 2018, creating a dealership group with 29 locations in Texas, Oklahoma and Arkansas.
Pyradia was awarded a contract for a Modular Pilot Coating Line for Bemis Associates, a manufacturer of thermoplastic adhesives, films, and coatings.
Mplus, a South Korean electric vehicle battery assembly equipment maker, signed a 464 million USD (approx. 5 billion KRW) supply contract with Sichuan Huading Guolian Power Battery Co., Ltd. The contract runs until September 20, 2018.
Clamason Industries placed a £1m total project investment order with Bruderer UK for a 300-ton ZANI Motion Master press at MACH 2018. The press will be installed in June 2018 and is expected to help target up to £6m of new orders.
LVD has been awarded an order from Kawasaki Heavy Industries (KHI) for a custom-built 1000-ton Synchro-Form press brake to produce large panels for commercial aircraft fuselage structures. The machine will be manufactured at LVD's facility in Belgium.
United Wagon Company (UWC) and Volga Paper Company signed an agreement for the supply of 98 increased payload capacity cars, including 80 platforms for timber transport and 18 gondola cars for woodchips. The rolling stock will be built at the TikhvinSpetsMash plant and delivered in the first half of 2019.
Kuka Robotics has appointed Dormer Pramet as its primary cutting tools supplier for its Mexico facility in Toluca de Lerdo over the next three years. Dormer Pramet will provide more than 150 standard round tools, special end mills and reamers, as well as indexable inserts and cutters.
Matériaux Blanchet is investing over $25M to modernize its planing plant in Amos, Quebec, including a new 61,000 sq. ft. building to house a state-of-the-art planer mill. Construction begins June 2018, operational by September 2019.
Doosan won an order worth almost EUR 2 million to supply 50 portable compressors to rental firm EJAR of Jeddah, Saudi Arabia, via dealer TAMGO. The contract was won at Intermat 2018 in Paris.
Innovative Automation acquired Livernois Engineering in May 2018, combining three heat exchange companies (Innovative Automation, Livernois Engineering, and Tridan International) under one ownership group.
In May 2018, LONMADI's Kazan branch moved to a new dealer center with a total area of about 1000 m², including a 400 m² repair zone, a 300 m² warehouse for oils and attachments, and 400 m² of office and warehouse space, replacing a previous 250 m² facility.
JPW Industrial Ovens and Furnaces has added a second manufacturing facility in Williamsport, Pennsylvania. The new plant is expected to create 25 new jobs within two years and will produce the company's expanding line of standard industrial ovens.
Sumitomo Heavy Industries Ltd has signed a binding agreement to acquire the entire share capital of Lafert S.p.A., a European leader in electric motors and drives, for €172.65 million. The transaction is scheduled for completion by end of June 2018.
Pintsch Bamag GmbH, owned by Schaltbau Holding AG, sold Pintsch Bubenzer GmbH to Dellner Bubenzer Group GmbH, owned by Dellner Invest AB and Active Ownership Capital. The price was not disclosed.
Nikon Metrology announced that ASF Metrology intends to acquire its coordinate measuring machines (CMM) business, representing about 25% of Nikon Metrology's turnover. The transaction will transfer all CMM production, development, sales and service activities to ASF Metrology.
Voith has been commissioned by Mexico-based Grupo Gondi to supply a new paper machine with an annual production capacity of 400,000 metric tons for a new facility in Nuevo Leon, Mexico. The machine, PM 7, is expected to start operating in early 2020.
CK Power, a manufacturer of off-highway engines and power generators based in St. Louis, has acquired Consolidated Machine & Welding (CM&W) of Hannibal, Missouri. CM&W will operate as a division of CK Power.
Frigel and Matsui Technologies India Limited announced a 50:50 joint venture, Frigel Intelligent Cooling Systems India Private Ltd., to provide intelligent process cooling solutions for plastics, beverage, and oil & gas industries in India.
MSC Industrial Direct Co., Inc. acquired All Integrated Solutions (AIS), a Wisconsin-based value-added distributor of industrial fasteners and components, MRO supplies and assembly tools. The transaction closed on April 30, 2018.
The Frenehard & Michaux Group acquired a majority stake in Gamesystem, a fall protection solutions company based in Montbonnot-Saint-Martin, France. Gamesystem has a turnover of €12.5 million and 115 employees.
Matebat has acquired tower crane and hoist service and maintenance company Reflex group from founder Christophe Sellier. Reflex represents Geda in France and is a parts service and support agent for Liebherr.
Belgian tower crane rental group Arcomet and German hoist manufacturer Geda formed a strategic partnership to develop passenger elevators for tower crane operators. Arcomet ordered 200 Geda operator hoists, with plans to increase to 500.
GNG Group placed a £300,000 order with A. Tarr Limited for state-of-the-art foam conversion machinery, including a Fecken Kirfel CNC machine and Dolphin Pack mattress rolling machine, following the NBF Bed Show.
Steelite International will break ground on a large expansion in New Castle, Pennsylvania, bringing increased capacity and more jobs.
Rostec, through its subsidiary Stankoprom, will invest over 1.9 billion rubles (including 1.198 billion rubles from Rostec) to create serial production of modern turning-milling machines at STP-Sasta in Sasovo, Ryazan Oblast.
Bosch is investing $100 million in a new 'smart factory' in Mexico, featuring 5G connectivity in partnership with Nokia.
Cepeda and Meltog have created a joint-venture canmaking equipment manufacturer with facilities in the UK and Spain, offering systems for drawn cans, shells, ends and twist off caps.
Duravant, a global engineered equipment manufacturer, has acquired Ohlson Packaging, a manufacturer of weighing, counting and filling machines. The acquisition expands Duravant's product portfolio in food processing, packaging and material handling.
Guangxi Yuchai Machinery Company Limited began the first construction phase of the Yuchai Casting Foundry in Yuchai Industrial Park, Potong District, China. The facility will have 6 casting production lines with a total investment of RMB 960 million, and phase one will create over 1,000 jobs.
Doosan Portable Power secured an order worth almost €2 million to supply 50 portable compressors to Jeddah-based rental firm Ejar, placed through dealer Tamgo at the Intermat exhibition in Paris.
Hatco Corporation acquired Ovention Inc., a Dallas-based oven technology company that owns the rights to the Matchbox oven.
Altendorf Group GmbH acquired Maschinenbau Hebrock GmbH and EBM Maschinenbau GmbH with effect from April 25, 2018. The purchase price is confidential.
Tornos Group received multimillion-euro machine orders from several leading Germany-based automotive industry subcontractors for its MultiSwiss range of multispindle machines.
Sasta (Sasovsky Zavod Sasta) plans to launch serial production of turning-milling machines for the defense and machinery industries in Sasovo, Ryazan Oblast. The project is valued at nearly 2 billion rubles and will create 210 jobs.
SaMASZ opened a new €25 million factory in Zabludów, Poland, covering 32 acres with production and office space. The facility will employ 1,300 people and produce agricultural and municipal machinery.
Wintec, the Chinese business of Engel, announced a €10 million investment to expand production capacity at its Changzhou manufacturing facility. The expansion will double the plant's capacity for injection moulding machines for plastic packaging. Construction begins in autumn 2018 and the facility should be fully operational by Q4 2019.
Grupo Ampre (Asturiana de Mantenimiento Preventivo) was awarded the contract for the refrigeration installation of a 81-meter trawler being built by Armón Gijón for Icelandic company HB Grandi. The vessel is valued at approximately EUR 43 million and is scheduled for delivery in 2019.