Siemens is investing £27 million in a new additive manufacturing facility for its subsidiary Materials Solutions Ltd in Worcester, UK. The factory will create over 50 new jobs and is set to open in September 2018.
Belgian climate control company ABN acquired Dutch cleanroom supplier Climatech in Nijkerd, Netherlands, to strengthen its position in sterile air environments.
Wiegand-Glas will invest more than EUR 50 million in its Glaswerk Ernstthal plant in Thuringia, Germany, including a new melting furnace with 360 t/d capacity, production and inspection technology, and two new halls. The project is to be finished in the first half of 2019.
Continental Diamond Tool Corporation (CDT) has acquired Consort Precision Diamond Company Limited, a UK manufacturer of Rotary Diamond Dressers. The acquisition was announced on March 12, 2018.
Awilco Drilling Plc awarded a US$425 million contract to Keppel Offshore & Marine for the construction of a mid-water harsh-environment semi-submersible drilling rig, with delivery scheduled for Q1 2021.
ONICON Measurement Solutions was acquired by the TASI Group, effective April 24, 2019. All ONICON business units are included. John Norris was named President of the TASI Flow Group.
Achenbach Buschhütten secured a major contract from Tahweel Metal Industry Corporation to supply four foil rolling mills and six slitting machines for a fully integrated aluminium foil production plant in Dammam, Saudi Arabia, with a planned annual capacity of 106,000 tonnes.
Konecranes will acquire a 70% stake in Mitsubishi Electric FA Industrial Products (MFK) from Mitsubishi Electric Corporation. MFK is a Japanese market leader in wire rope hoists, geared motors, and services, with annual sales of around €90 million and 400 employees.
AVK Tooling secured a DKK 140 million order from Volvo to supply components for construction machinery, with production starting after summer 2018.
Statetron announced plans to develop a 10-hectare industrial facility in Qatar combining AI, robotics, energy storage and autonomous logistics, designed for multi-gigawatt capacity expansion.
LVD has been awarded an order from Kawasaki Heavy Industries, via Itochu Machine-Technos, for a custom-built 1000-ton Synchro-Form press brake to produce large panels for Boeing 777X aircraft fuselages.
China's Ningbo Lehui International Engineering Equipment acquired Ahaus-based NSM Packtec GmbH, effective 9 March 2018, and the company was renamed Finnah Packtec GmbH. The existing product program and management remain unchanged.
Howden completed its acquisition of Compressor Products International, a Houston-based provider of aftermarket components and services for reciprocating compressors. The deal increases Howden's addressable markets by $1 billion. Completed on 23 December 2021.
Fenner, through its U.S. subsidiary Fenner Inc., has acquired National Bearings Company, a Lancaster, Pennsylvania-based manufacturer of custom polymer and metal bearings.
SNC-Lavalin, in consortium with TechnipFMC, was awarded a lump sum EPC contract by NOVA Chemicals for two gas cracking furnaces at its Corunna cracker in Canada. The award supports a third phase expanding the unit's ethylene capacity by more than 50%.
Gardner Denver Petroleum & Industrial Pumps is building a facility in Jebel Ali, Dubai, to serve Eastern Hemisphere markets from its pressure pumping, drilling and well service segments. Construction began in late 2017 and is expected to finish by June 2018.
Shareholders of MKB Nedsense unanimously approved the acquisition of AquaServa/Biobeheer, GNS Brinkman, and Axess/Get Up. The combined revenue of the acquired companies was about EUR 15 million in 2016.
Brazilian air compressor maker Schulz is investing R$150 million over three years to expand production capacity at its Joinville, Santa Catarina plant, having already hired 450 workers in late 2017.
Fortive agreed to combine four operating companies from its Automation & Specialty platform with Altra Industrial Motion in a Reverse Morris Trust deal worth about $3.0 billion in total consideration, creating a power transmission and motion control leader.
HMT Machine Tools Ltd delivered a 3-axis CNC Vertical Facing Mill to ISRO's Satish Dhawan Space Centre for machining solid rocket motors. The machine cost around ₹18 crore, and ISRO placed orders for two more machines to be delivered by March 2019.
Atlas Copco has agreed to acquire the assets of Klingel Joining Technologies, a German company specializing in flow drill technology for the automotive industry. The business had revenues of approximately €8.5 million in 2017 and 23 employees will join Atlas Copco. The acquisition is expected to close in Q2 2018.
AAE is tripling its production and office space in Helmond, Netherlands, from 10,000 m2 to 30,000 m2 by buying two adjacent buildings, to create a smart industry factory.
Somapak Csomagolástechnikai Gépgyártó Kft. is investing over HUF 510 million, half from EU funds, to expand its production capacity and site in Pécs. The company will build two new production halls totaling nearly 1,700 square meters and purchase two machining centers, creating approximately 10 new jobs.
Oberg Industries, Inc. has acquired X-L Engineering Corp. The transaction was advised by A.S. Freeman Advisors.
Linamar Hungary will invest HUF 8.64 billion (EUR 27.5 million) to create 200 jobs at Orosháza, Békéscsaba and Gyöngyös, extending lifting machinery production and automotive capacity.
Unik Machinery received an order from a domestic shipbuilding heavy industry customer for a hydraulic concrete testing machine, multiple electronic universal testing machines and a high temperature testing machine. The equipment is for the customer's new plant, which has a total planned investment of over 1 billion yuan.
Deere & Co. has signed a definitive agreement to acquire King Agro, a privately held manufacturer of carbon fiber technology products with headquarters in Valencia, Spain and a production facility in Campana, Argentina. King Agro will retain its brand name.
Siemens signed a long-term lease for land in Goole, East Riding of Yorkshire, to build a new state-of-the-art factory to manufacture and commission trains, with an investment of up to £200 million and potential employment of 700 people.
Carlhag delivered five overhead cranes and a hoist to Valmet's Sundsvall facility in August 2018, ordered in March 2018. The new cranes have higher capacity to handle larger press components for the pulp and paper industry. Carlhag also took over service of all lifting equipment at Valmet's three Sundsvall units from January 1, 2019.
In March 2018, Beijing Sanlian Hope Shin-Gosen Technical Service Co. Ltd (SLHP) acquired 80% of the shares of Polymetrix AG, with Bühler AG retaining 20%.
Clyde Bergemann Power Group has sold Clyde Bergemann Environmental Technologies (CBET) in Malvern, Pennsylvania to its President Ron Tempesta and Vice President Ron Grabowski, who are former owners of Delta Ducon. The new company will operate as Delta Ducon.
Axiom Materials has signed a lease for an additional 16,000 square feet of space near its Santa Ana, California facility for additional manufacturing, inventory, and technical/laboratory space.
Atlas Copco Compressors LLC relocated its global headquarters to a new 25,000-sq.ft. facility in Rock Hill, South Carolina, USA, housing employees from Atlas Copco Compressors, Chicago Pneumatic Compressors, and Pneumatech Compressors.
Porvair Filtration Group purchased the goodwill, business and trading assets of Keystone Filter, a division of Ceco Environmental Corp, in a cash deal. Keystone had 2017 revenue of around US$4 million and designs filter cartridges and housings for food and beverage, drinking water, and chemical process markets in the US.
Schneider Electric completed the combination of its industrial software business with Aveva, acquiring a 60% stake in the combined group.
Michelin acquired Fenner PLC, a British industrial equipment manufacturer specializing in conveyor belts and polymer processing, to expand its mining solutions and non-tire activities.
M.H. EBY, Inc. started production at a new 100,000-square-foot facility in Ephrata, Pennsylvania, months ahead of schedule. The plant will build all-aluminum trailers and truck bodies.
Eurotranciatura México, a subsidiary of Italian Euro Group, inaugurated its second plant in Querétaro Industrial Park with an investment of over $25 million. The plant will create 100 direct jobs and is described as the company's first 4.0 factory.
Justrite Safety Group has acquired Eagle Manufacturing Co., a manufacturer of industrial safety products. Eagle President Joe Eddy will remain president and become an executive vice president at Justrite.
FFG Europe & Americas Group acquired the business activities of MHD Maschinenservice GmbH, a gear manufacturing and retrofitting expert from Chemnitz, Germany. The acquisition expands FFG's gear manufacturing portfolio with straight bevel gear and gear shaping machines.
On March 1, 2018, SPX Corporation's Radiodetection business acquired Schonstedt Instrument Company, an industry leader in magnetic locators. The combination creates a stronger organization in the pipe and cable locating market.
AVEVA Group completed its merger with Schneider Electric's industrial software business, creating a global leader in engineering and industrial software with over 4,400 employees.
Mukwonago-based GS Global Resources acquired Weston-based ADC Custom Products, a maker of roll-over and falling-object protective structures, in a transaction that closed February 23, 2018 for an undisclosed price. ADC was renamed ADC Equipment Innovations and its 35 employees were retained.
Atlas Copco acquired Walker Filtration Ltd, a family-owned British manufacturer of compressed air, gas and vacuum treatment equipment based in northeast England with about 220 employees. The purchase price was not disclosed.
MAXIMETAL has been awarded a 5-year, $32.1 million contract to build 35 pumper trucks for the City of Montreal Fire Department. First deliveries are expected in late 2018, with final deliveries by late 2022.
The Finnish Transport Agency (Liikennevirasto) has signed a contract with Turun Korjaustelakka Oy to build a motorized icebreaking bow for the Saimaa region. The bow will be completed by the end of 2018 and will be used with a pusher tug to assist ships in ice.
ABB and China's Yitai Group signed a strategic cooperation framework agreement to apply digital technologies, solutions and services to improve performance across Yitai's coal chemical plants, and to form a consortium for intelligent plants.
EOS has opened a new 9,000-square-meter production facility in Maisach-Gerlinden, Germany, boosting its capacity to manufacture up to 1,000 additive manufacturing systems per year.
Kaji Technology Corporation received an order for three additional reciprocating compressors from China Petrochemical Corporation (SINOPEC) for a refinery and petrochemical complex in Zhanjiang, Guangdong, built by a SINOPEC and KPC joint venture. The compressors will serve a 750,000 tons/year polypropylene plant.
Hengli Hydraulic announced plans to invest 500 million yuan of its own funds in phase two of its hydraulic casting project in Wujin, Changzhou, adding 30,000 tonnes a year of capacity. The announcement was made on 28 February 2018 and the build takes one year.