Norway's Lorentzen Hydraulikk signed an agreement on 1 April 2022 to supply combi winches for a purse seine and trawl vessel being built by Bredgaard Boats in Denmark. It is the largest single contract in the Kabelvåg company's history.

Baker Hughes was awarded a contract by TERNA, the construction arm of GEK TERNA Group, to supply three NovaLT12 hydrogen-ready gas turbines and three PCL compressors for a new compression station on the Greek gas transmission system. The station is expected to enter operation in 2024.

LPW Group, a Wynnchurch Capital portfolio company, announced the acquisition of El Mar Ventures and its subsidiaries and Advanced Industrial Technologies. The Houston-based combined business makes specialty valves, pneumatic actuators and gears under the Ladish, Smith, AIT and Diamond Gear brands.

Neles Corporation and Valmet Oyj completed their merger, with trading in the new Valmet shares starting April 1, 2022. The Finnish Financial Supervisory Authority had approved a supplement to the merger prospectus.

Danfoss Group company Eaton Fluid Power inaugurated a new hydrostatics production line at its Pune Pimpri campus to raise localisation and serve growing demand in the Indian market, especially agriculture.

Sulzer opened a new service center in Vadodara, Gujarat, offering repairs, upgrades and parts manufacturing for pumps, steam turbines and compressors across 10,500 sq ft.

Hyundai Samho Heavy Industries and Hyundai Heavy Industries contracted TMC Compressors to deliver marine compressed air systems for five LNG carriers being built for Capital Gas Corp. TMC will manufacture the equipment in Scandinavia and ship it to Korean yards.

MHI Compressor International secured a contract to deliver compressor train equipment for Chevron Phillips Chemical's new propylene unit at its Cedar Bayou plant in Baytown, Texas. The equipment includes a steam turbine and heat pump compressor for a 500,000 tpy C3 splitter.

Equinor has awarded MAN Energy Solutions a contract to supply a subsea compressor unit for the Åsgard gas field offshore Norway, to be developed and tested in Zurich with delivery planned for March 2023.

Formex Industries announced a R102 million investment to buy and upgrade a new facility in Struandale, Gqeberha, to supply VW South Africa with over 20 automotive components and buy a large auto transfer press.

Fox Innovation and Technologies acquired Revak Keene Turbomachinery and Industrial Storage Services, which runs a 120,000 sq ft compressor manufacturing facility in La Porte, Texas. The acquirer will target after-sales upgrades and servicing of compressors and turbines.

Atlas Copco agreed on 2022-03-21 to acquire Lewa GmbH and Geveke B.V. and their subsidiaries for a combined enterprise value of EUR 670 million. The deal is all-cash and subject to regulatory approvals, with completion expected in Q2 2022.

J. Schmalz began manufacturing vacuum components and complete vacuum systems for automation and manual handling at its new China headquarters in Taicang on 2022-03-18. The site sits on a plot of about 27,000 square meters acquired in early 2020.

Avingtrans subsidiary Booth Industries, Bolton, won a contract worth about £6 million to supply specialist doors for a UK Government agency in the nuclear market.

Grupa Azoty Zakłady Azotowe Kędzierzyn is installing new syngas compressors to raise ammonia capacity at its Poland plant, a PLN 180 million (about $43.5 million) project with completion expected in H1 2023.

Atlas Copco agreed to acquire Geveke B.V., an Amsterdam-based distributor and engineer of process pump and compressor systems, for an enterprise value of EUR 80 million in cash. Geveke had about 173 employees and EUR 61 million revenue in 2021. Closing was expected in Q2 2022.

The Massman Companies, a packaging machinery maker based in Villard, Minnesota, acquired New England Machinery, Inc., a privately held maker of bottling and packaging line equipment based in Bradenton, Florida. The transaction closed on 11 March 2022 and was announced on 14 March 2022.

Venture Global LNG awarded Baker Hughes a contract for the liquefaction train system of the Plaquemines LNG project in Louisiana, with deliveries expected from the first half of 2023. Separately, Venture Global signed a 20-year LNG sales deal with Shell for 2 mtpa.

Venture Global LNG awarded Baker Hughes a contract to supply a modularized liquefaction train system with 24 compression trains for the first phase of the Plaquemines LNG project in Louisiana, built in Italy.

Toscotec will supply ETAP a technological rebuild of PM2's press section, including a new bi-nip concept, at its Borg Elarab paper mill in Alexandria, Egypt. The paper machine makes testliner and kraftliner.

Tuson Corporation of Vernon Hills, Illinois acquired the assets of ISPT, LLC of Story City, Iowa on March 2, 2022, creating the Tuson Manufacturing Company division. ISPT makes precision machined components for fluid power and industrial automation. Terms were not disclosed.

TERNA awarded Baker Hughes a contract to supply three NovaLT12 hydrogen-ready gas turbines and three PCL compressors for a new compression station on the Greek natural gas transmission system, expected to operate in 2024.

Multivac has started a production hall extension of about 5,000 square metres at its Bozhurishte, Bulgaria site, costing around €5 million, with completion planned for fall 2022.

Atlas Copco will invest RMB 3 billion to build a China headquarters and R&D and manufacturing plant for industrial compressors in Wuxi New District, with annual capacity of 163,000 units. The project was signed on February 21, 2022.

Plug Power signed a collaboration agreement with Atlas Copco Mafi-Trench and Fives to jointly develop hydrogen liquefaction plants. The partnership aims to standardize turnkey liquefier plants for global markets.

ProMach, a processing and packaging machinery maker, has acquired TechniBlend, a provider of engineered liquid processing systems for beverages, dairy and chemicals. The deal expands ProMach's processing technology portfolio. Financial terms were not disclosed.

Wärtsilä was contracted by Remontowa shipyard in Poland to supply four 31DF dual-fuel engines per vessel and an LNGPac fuel system for three new LNG-fuelled RoPax ferries. The ferries will be operated by Unity Line and Polferries. The contract was signed in January 2022.

EnerMech invested USD 30 million in new equipment including compressors, air dryers, nitrogen units and fluid pumps across its global locations. It also agreed a strategic deal with an air drilling services provider giving access to up to USD 15 million of equipment.

LUFKIN Industries relocated the machine shop operations of its Don-Nan unit from Midland, Texas to an expanded facility in Claremore, Oklahoma, adding at least 70 full-time jobs. A ribbon cutting for the expanded facility took place on February 10, 2022.

Italian hydraulic component maker OMFB Group acquired UK dealer Commercial Vehicle Hydraulics Limited, which becomes CVH-OMFB Ltd, after 30 years of partnership. OMFB Group reported EUR 80 million turnover in 2021.

TMC Compressors has been contracted by Brazilian shipowner OceanPact to deliver marine compressed air systems for two anchor handling tug supply vessels working under Petrobras contracts. The deal value was not disclosed.

NI Water awarded contracts worth an estimated £40 million for mechanical installation, repair and maintenance to TES NI Ltd and FIN Maintenance Ltd, with an initial three-year term plus two one-year extensions.

Piovan S.p.A. completed its acquisition of IPEG, Inc. through a merger of Sewickley Capital, the owner of IPEG, into a Delaware subsidiary of Piovan. The deal was executed on the terms first announced on December 13, 2021.

GN Solids Control's new Yutian factory project for capacity expansion, covering 78,000 m2, has entered its final construction stage and is expected to add capacity in 2022.

GN Solids Control finished manufacturing four 1000 GPM pipe jacking slurry separation desander plants, one 240 m3/h TBM slurry treating system and three 1500 GPM pipe jacking slurry separation plants for an unnamed Asian client, reported in January 2022.

Murphy has been awarded a contract worth more than £100 million by National Grid to expand the Grain LNG facility on the Isle of Grain, Kent. The work covers three gas compressors, two submerged combustion vaporisers and two export tank pumps, with completion scheduled for mid-2025.

Norwegian marine compressor specialist TMC won a contract from Jiangsu New Yangzi to supply compressed air systems for fifteen LNG-powered 7,000 TEU container vessels being built for Seaspan. The deal value was not disclosed.

Maximator GmbH's hydrogen refueling station business is being spun off as Maximator Hydrogen GmbH in Nordhausen, Germany, backed by an investment of 18 million euros for plant expansion and product development.

Aerzen USA, a subsidiary of Aerzener Maschinenfabrik GmbH, announced the acquisition of Vooner FloGard Corporation, a vacuum pump maker headquartered in Charlotte, North Carolina with manufacturing in Greeneville.

Dussur, Saudi Aramco and Doosan Heavy Industries announced a joint venture to build a 60,000-ton-per-year casting and forging facility in Ras Al Khair, Saudi Arabia, creating about 1,400 direct jobs, with operations expected in Q1 2025.

Zhejiang Taitian Compressor Co. plans a technical renovation project to produce 300,000 compressor units per year at an existing plant in Luqiao, Taizhou, with an investment of about 121.66 million yuan. The environmental impact assessment approval notice was published on 18 January 2022.

Duplomatic Oleodinamica, controlled by AXA Private Equity, acquired the hydraulic components division of Continental Machines Inc. through its US subsidiary Continental Hydraulics. The division had a reported 2010 turnover of USD 18.4 million. The deal value was not disclosed.

GN Solids Control is manufacturing a large dredging slurry dewatering system for a Canadian client, through its North American branch GN Solids America, ready for delivery to the client's work site.

Hydraulic cylinder maker Rosenboom Machine and Tool will invest $4 million over 36 months in new manufacturing capabilities at its Bowling Green, Ohio facility, adding a production line and about 70 jobs. The expansion aims to serve customers in the Eastern United States.

JTEKT Corporation agreed to sell its French industrial hydraulic components division HPI Industrial to EiM Capital and Apogee, following a December 2021 put option; the deal is subject to employee consultation and expected to complete in the first half of 2022.

Chinese concrete machinery maker JIUHE Heavy Industry is building a new plant and heavy industry machinery industrial park in Jimo District, Qingdao, with a planned total investment of 600 million yuan over 173,500 square meters, with completion expected around March 2022.

GN Solids Control supplied two 1000GPM drilling mud solids control systems to a customer in Shanghai, as reported in January 2022.

Burckhardt Compression has been awarded a supply contract by Tecnimont to provide carrier gas and nitrogen gas compressor packages for India Oil Corporation's polypropylene plant in Bihar, India.

Wärtsilä has been selected to supply power solutions for 12 LNG-fueled newbuild containerships ordered by CMA CGM from Chinese shipyards Hudong-Zhonghua and Jiangnan. Equipment delivery to the yards starts in 2022, with the first vessel expected to launch in Q3 2023.

Italian pump and vacuum equipment maker Azmec acquired ownership of RIVA TECNOIMPIANTI SRL, which produces light and heavy carpentry components and hydraulic power units. The article dates the deal to 2022.