Atlas Copco will invest 70 million euros over three years in production capacity and expanded R&D facilities at its Wilrijk site in Antwerp, Belgium, including a smart factory extension and additional laboratories and production space.
Baker Hughes was awarded a contract by Tellurian's Driftwood Pipeline to supply electric-powered Integrated Compressor Line technology and turbomachinery for Lines 200 and 300 in southwest Louisiana, part of a $240 million pipeline investment.
Ariel Corporation and HOERBIGER have agreed to jointly develop dry-running compressor solutions for hydrogen refueling stations serving buses, trains and heavy-duty vehicles. HOERBIGER will offer ready-to-use compressor packages as a result.
DexKo Global has signed a definitive agreement to acquire Fluid-Press Group, an Albinea, Italy maker of hydraulic valves and manifold blocks for agricultural, industrial and construction machinery. Financial terms were not disclosed in the text provided.
Valmet will deliver a new shipping carton paperboard production line, PM3, to Eren Paper's former UPM Shotton mill in Wales-UK, with about 650,000 tons annual capacity. Start-up is scheduled for Q2 2024; the order value was not disclosed.
Wärtsilä will supply its hybrid propulsion system, including engines, gearboxes, propellers and batteries, for three new RoPax vessels built for Stena RoRo and chartered to Brittany Ferries. The order was placed in May 2022 and announced on 21 June 2022.
Otis officially inaugurated its new factory in Donostia (San Sebastian), Basque Country, with a 20 million euro investment that makes elevator motors and safety systems. About 80% of output will be exported, and the plant had been operating for a couple of months.
Governor Alexei Dyumin and TBKO signed an agreement at SPIEF on June 16, 2022 to build a plant in the Uzlovaya special economic zone producing 18,000 gas cylinders per year. The investment is about 1.6 billion rubles and about 150 jobs will be created, with commissioning planned within three years.
Illinois-based Rockford Spring Company will invest $10.3 million to locate new manufacturing operations in an existing facility at 1100 Garrett Parkway in Lewisburg, Marshall County, Tennessee, creating 62 jobs. The announcement was made on June 16, 2022.
Innovative Hydraulics was awarded a $11.3 million contract to design and manufacture custom hydraulic cylinders for the intake gates of McNary Dam in Umatilla, Oregon, supporting Knight Const. & Supply under the U.S. Army Corps of Engineers.
Aetna Group, through its Robopac and Ocme units, acquired Germany-based Meypack, a maker of end-of-line packaging machines for food, spirits and personal care, announced June 10, 2022.
Brose will invest MXN 404 million to expand its facility in Colón, Mexico, including acquiring an 800-ton press from Servornechanich for a project with Volvo.
Shengu Group broke ground on its compressor supporting industrial park and reciprocating machine production test base in Shenyang, a 160 million yuan project expected to start production by end-2022.
The Department of Defense, through Puget Sound Naval Shipyard IMF, posted a solicitation on June 7, 2022 to lease two 5000-psi air compressors in Bremerton, Washington, with responses due June 22, 2022.
Doosan Enerbility agreed to sell Doosan Mecatec, a chemical process equipment maker, to a consortium of Bumhan Industries and Metistone Equity Partners, with closing expected in July 2022.
Bailey International, owned by EBSCO Industries, announced the acquisition of Quebec-based hydraulic and pneumatic equipment maker Hydrolico International, which has facilities in Montreal and Walker, Michigan. The deal value was not disclosed.
A consortium led by Beomhan Industrial with Metistone Equity Partners acquired Doosan Mecatec, a Changwon-based chemical equipment maker, from Doosan Enerbility for 105 billion won, disclosed on June 3, 2022.
Eastey, a shrink-packaging equipment maker owned by Engage Technologies, moved its sealer and tunnel manufacturing into a 50,000 sq ft building in Big Lake, Minnesota, announced June 1, 2022.
Roper Technologies agreed to sell a majority stake in its industrial business to private equity firm Clayton Dubilier & Rice for $2.6 billion, keeping a 49% stake in the business to be spun off as a standalone company. The announcement was made on June 1, 2022.
Haitian International is investing around EUR 100 million in a 365,000 m2 plant in Ruma, Serbia, to produce up to 2,500 injection molding machines annually, with construction starting in winter 2022 and completion scheduled for early 2025.
SECO/WARWICK received an order to supply a Vector vacuum furnace to Indian fastener maker Sundram Fasteners for heat treating aviation bolts. It is the second project between the two companies.
Japan's Rengo Group agreed to acquire Thimm Packaging Systems, the industrial goods division of Germany's Thimm Group, with the price kept confidential. The takeover awaits Federal Cartel Office approval, expected within weeks.
Automation machinery maker Mühlbauer Inc., the US subsidiary of Germany's Mühlbauer Group, will invest $9 million to upgrade its Oakland Industrial Park facility in Newport News, Virginia, adding production equipment and creating 32 jobs.
Novair, a French in-house gas systems manufacturer, acquired America Energy Inc., a Florida-based maker of air compressors and medical gas systems, effective May 20, 2022. Terms were not disclosed.
Swiss pump maker MAAG Group, part of Dover, merged with AMN DPI, a Normandy-based designer and manufacturer of polymer granulation tools. The deal was advised by Largillière Finance; no value was disclosed.
Sartorius opened a new 10,000-square-meter building with about 2,400 square meters of clean rooms at its M'Hamdia site in Tunisia, after investing more than 20 million euros to increase fluid management production.
Sartorius is expanding its UK presence with a new 58,000-square-foot manufacturing facility in Havant, Hampshire, to produce downstream processing equipment for injectable drug manufacture.
Atlas Copco AB plans to acquire Geveke B.V. and LEWA GmbH, a maker of dosing and process pumps. The companies notified the Dutch competition authority ACM on 12 May 2022.
CompAir, part of Ingersoll Rand, has completed the transfer of foreign screw compressor production capacity to its Simmern site in Germany, which is being upgraded and reconfigured.
Dover agreed to acquire Malema Engineering, a Boca Raton, Florida designer of high-precision flow-measurement instruments for biopharma and semiconductor production, announced May 9, 2022. Malema will join Dover's PSG business unit within the Pumps & Process Solutions segment.
Helios Technologies signed a definitive agreement to acquire the assets of Taimi R&D, a Canadian manufacturer of hydraulic swivel components, announced May 9, 2022. Terms were not disclosed and closing is expected in Q3 2022.
Burckhardt Compression's subsidiary Shenyang Yuanda signed a contract with Sinopec Guangzhou Engineering to supply three skid-mounted hydrogen compressors for the Sinopec Xinjiang KuChe green hydrogen project, announced May 2022.
Valmet will supply an OCC line, stock preparation equipment and a high-speed container board machine with automation systems to Eren Paper's Shotton Mill in the UK. Start-up of the new PM3 line is scheduled for Q2 2024; the order value is not disclosed.
Girard Equipment has established a new all-in-one headquarters in Vero Beach, Florida, housing its expanded foundry, machine shop, assembly lines and offices. The move is presented as a way to gain efficiencies and keep prices stable amid inflation.
Tigard-based NSI, a supplier of gas and chemical delivery systems to semiconductor makers, is moving from 15,000 sq ft of buildings to a newly built 62,000 sq ft plant in Sherwood, Oregon, in 2022, described as a multiple-million-dollar investment.
DXP Enterprises completed its acquisition of Cisco Air Systems, a distributor of air compressors and related products. Financial terms were not disclosed.
Queensland Fire and Emergency Services awarded a contract to BAUER KOMPRESSOREN AUST P/L to supply breathing apparatus compressors, valued at $36,905. The award was dated 30 April 2022.
Daikin Industries has signed a share purchase agreement to acquire Duplomatic MS S.p.A., an Italian hydraulic equipment manufacturer, for 220 million euros from Alcedo SGR and management. Completion is scheduled for June 2022.
Summit Carbon Solutions said it hopes to buy 51 carbon dioxide reciprocating compression packages for $113.5 million from Xebec Adsorption under a memorandum of understanding, with completion expected by the end of Q3 2023. The packages will be built at Xebec Systems USA's Colorado facility for a planned $4.5 billion carbon capture project.
KSB opened a 5,000 square meter plant in the Indigo industrial park in New Moscow, funded with about 750 million rubles of foreign investment. It expects to create 110 jobs and produce about 700 pumps in 2019 and 1,200 in 2020.
Fluid blending equipment maker Fusion Fluid Equipment plans a $6.1 million, 42,000 sq ft expansion of its Whitehall, Michigan production facility, creating 35 jobs over three years.
Keppel Offshore & Marine selected Siemens Energy to provide power generation and compression packages for Petrobras' P-78 FPSO in Brazil's Búzios field. Equipment will be built at Siemens Energy's Santa Barbara d'Oeste facility, with delivery slated for 2023.
Linde Hydraulics is investing EUR 50 million in 50 projects across its German sites, including its Aschaffenburg main plant, the Ballenstedt valve factory and the AB-GUSStech foundry. The programme is to be completed by 2025.
HMS Group has signed a contract worth RUB 3.3 billion to manufacture gas transportation units (compressors). Deliveries are scheduled for 2023-2024 to a gas condensate field in Russia.
Pneumostroymashina plans to build a new plant in Yekaterinburg to produce high-end hydraulic motors and pumps, with a estimated cost of 5 billion rubles. Output is expected to rise from 3,500 to 12,000 units per month.
Saica plans a second phase at its Hamilton, Ohio plant, adding two converting machines including a 4-colour Bobst flexo folder-gluer and a 2-colour Bobst rotary die-cutter. Civil works are to start in coming months, with both machines running in the second half of 2023.
Finrel SpA, the Casappa family holding company, completed the acquisition of a 51% stake in Tecnord Srl, headquartered in Modena, from Delta Power Company. The deal was announced on 8 April 2022.
HUBER SE started construction of a new production hall of about 7,000 m² at its Berching, Germany headquarters, expanding its two existing halls for its 150th anniversary. The new hall is expected to relieve existing halls and allow other process areas to expand.
Atlas Copco Gas and Process received an order from Plug Power for two nitrogen compressors and eight turboexpanders for two 15-tons-per-day hydrogen liquefaction plants in Texas, with delivery expected in Q2 2023.
Hyundai Heavy Industries contracted TMC Compressors to deliver complete marine compressed air systems, eight compressors in total, for four VLCC crude carriers being built for an undisclosed European shipowner.