VARIOVAC PS SystemPack is building 3,000 square meters of additional production, assembly and office space at its Zarrentin site, creating about 25 jobs. Construction is planned to start at the end of 2017.
Brand Industrial Services (BrandSafway) acquired Waveland Services, Inc., a national offshore coatings company, effective October 4, 2017. Waveland is based in Eunice, Louisiana, and employs up to 200 people.
Metso is investing approximately €1 million to build a new production line (Speedline 2) for Lokotrack mobile crushing plants at its Tampere, Finland factories, increasing capacity by over 30%. Construction starts in summer 2017, with first equipment expected in Q1 2018.
Chinese motor manufacturer SEC Holding Co., Ltd. has acquired the drive technology specialist VEM Group, a member of the Merckle Group, which manufactures electric drive systems, custom motors and special machines. The sale includes all worldwide locations.
Wärtsilä agreed to acquire Puregas Solutions, a Sweden-based provider of biogas upgrading solutions with subsidiaries in Germany, Denmark, the UK and the USA. The enterprise value is SEK 280 million (EUR 29 million), plus up to SEK 70 million more based on performance.
Advent International completed the acquisition of IPH to combine it with Brammer, creating IPH Brammer, a European leader in industrial distribution with combined revenues of nearly €2.2 billion and over 8,000 employees.
Lincolnshire Management has sold Fabbri Group, a provider of wrapping machines and films for fresh food packaging, to Argos Soditic. No financial terms were disclosed.
Manitowoc completed the relocation of its crawler crane manufacturing from Manitowoc, Wisconsin to Shady Grove, Pennsylvania, with an investment of nearly $13 million. The project included a new paint booth and test pad, and was largely finished by May 2017.
GO Usinage Inc. received a repayable contribution of $202,400 from the Government of Canada to acquire production equipment, including a machining centre and CNC lathe, to improve productivity and expand its machining business in Trois-Pistoles, Quebec.
Takisawa Machine Tool completed and began operations at its fifth plant in Okayama, Japan, on October 2, 2017. The facility, built with an investment of approximately 800 million yen, will assemble NC lathes and unit parts, increasing monthly production by about 10 units.
Pump maker Lewa has completed two new production halls, totalling about 3,000 square meters, at its Leonberg headquarters, investing over EUR 25 million, mainly for final assembly of large pumps and systems.
CMI Industry Americas announced plans to hire 15 or more additional employees at its Salem, Ohio plant between now and 2018, due to new contracts secured by the company.
Thermon Group Holdings Inc announced a definitive agreement to acquire CCI Thermal Technologies Inc and related real estate assets in an all-cash transaction valued at C$258 million.
On October 1, 2017, a Chongqing equipment manufacturing company placed an order with Kunming Machine Tool for one XK2850 CNC gantry milling machine and one TK6916S CNC floor-type boring and milling machine, following a previous order for an XK2780 in late 2016.
Schindler Deutschland acquired Dralle Aufzüge, a company in the elevator industry. The acquisition was announced in October 2017.
Siemens AG and Taiwan-based Fair Friend Group (FFG) signed a collaboration agreement to integrate Siemens Digital Enterprise Suite and MindSphere IoT operating system across FFG's portfolio of 90 machine tool brands.
Beckwood Press Company was awarded a contract by Weldmac Manufacturing Company to produce a custom 800-ton triple-action press for forming high-strength alloys for the aerospace and defense industry.
Cherat Packaging commissioned a new Windmuller & Holscher universal paper sack line in October, using Mondi sack kraft paper to enter a new market with universal packaging.
Smurfit Kappa started operating a new containerboard machine PM6 at its Los Reyes paper mill in Tlalnepantla, Mexico, in October 2017, adding about 100,000 tonnes a year of capacity for $62 million.
Private equity firm American Securities LLC has acquired MW Industries, a provider of engineered springs, fasteners, and precision components, in partnership with MWI management on September 29, 2017.
Liugong Dressta Machinery opened a new R&D center, regional spare parts distribution center, and a new production line for excavators and loaders at its Stalowa Wola plant. The investment was approximately $100 million.
Versalis awarded Burckhardt Compression a contract to overhaul process gas and hyper compressors in its two LDPE lines in Dunkerque, France. The turnkey solution included a major revamp of all compressors, inspections, replacement and refurbishment of parts.
Thomas D. Duff III, owner of Duff Grinding Corp., purchased Hermann Schmidt Precision Workholding from Peter Schmidt as of September 29, 2017. The business will remain in South Windsor, Connecticut, with no interruption of operations.
Kramski, a precision technology company, held a groundbreaking ceremony for a new building on its site in Pforzheim, investing €7 million. The building replaces a toolmaking facility destroyed by a fire in 2016.
Count On Tools Inc. purchased and installed two DMG NHX-4000 horizontal milling centers at its expanded manufacturing facility to increase production capabilities and lower lead times.
Newburgh Precision Ltd acquired a KAFO KMC-4140 double-column CNC machining centre from TDT Technology to produce high-value components for a long-term defence contract. The machine was installed in July 2017.
Fall Machine Company LLC is expanding a 15,500-square-foot machine tool accessories facility in Somersworth, New Hampshire, with a 16,400-square-foot addition. Construction of the $9 million project is expected to begin in fall 2017 and be completed in spring 2018.
Belden Machine Corporation is building an $11 million precision universal joint project with a 39,831-square-foot facility in Hillside, Illinois. Construction began in early 2017 and is anticipated for completion by year-end 2017.
Schunk Intec Incorporated is planning a $30 million expansion of its existing facility in Morrisville, North Carolina, adding a 19,000-square-foot east side building addition and 22,000-square-foot three-story north side addition. Construction began in fall 2017 and is expected to be completed in fall 2018.
United Grinding North America Incorporated is building a $13 million grassroots grinding tool and machine plant in Miamisburg, Ohio, with a 100,000-square-foot facility. Construction began in late fall 2016 and is anticipated for completion in fall 2017.
Steel fabrication company Vigor Works was awarded a $979.8 million contract by the U.S. Army for development of the Maneuver Support Vessel (Light), with an estimated completion date of Sept. 28, 2027.
Railway Minister Piyush Goyal confirmed that a locomotive factory in Bihar's Marhowrah district, to be set up by General Electric, is proceeding as planned.
Mosaic Capital Partners structured and funded an Employee Stock Ownership Plan (ESOP) buyout of Galfab, a manufacturer of waste hauling equipment with locations in Indiana and Arizona. Galfab became an independent, employee-owned company.
Liebherr USA, Co. has opened a new facility in Lodi, California, for sales, service and repair of mobile and crawler cranes, piling and drilling rigs. The facility includes service bays, a warehouse and office building.
Lovsuns Tunneling Canada Ltd. has won an order to supply 8 earth pressure balance TBMs for two metro line projects in Istanbul: the Kaynarca-Pendik-Tuzla line and the Kirazli-Halkali line. Launch is planned for February 2018.
Acumo has received a large order from Modig Machine Tool for machining of guide rails. Acumo recently invested in a water-cooled cutting machine from NSK and is in a growth phase, hiring new staff.
Valmet will supply a complete tissue production line, including a Focus rewinder and automation package, to Crown Paper Mill in Abu Dhabi. The order is valued at an undisclosed amount and start-up is planned for the second half of 2018.
Korean machine tool manufacturer YG-1 plans to build a new European development and manufacturing center in Oberkochen, Germany, potentially creating up to 1,000 jobs. The announcement was made by the Baden-Württemberg Ministry of Economic Affairs on September 28, 2017.
Soletanche Bachy developed and deployed an electrically-powered Hydrofraise diaphragm walling machine on the Tideway project in London, UK. The machine started digging at the end of August 2017.
Sibelektroprivod signed a strategic partnership agreement with BelAZ-Holding to expand cooperation, including potential production of traction motors for municipal and passenger vehicles, with a new product line expected in Q1 2018.
Atlas Copco cut the ribbon on an expansion in Franklin County, consolidating operations and adding jobs as part of a broader 100-job increase across two companies.
MV WERFTEN has awarded Pemamek a contract to deliver large-scale automated production lines to its Rostock and Wismar shipyards. The deal includes design, delivery, training, and production assistance for the start-up phase.
LiuGong launched a new production line at its LiuGong Dressta plant in Stalowa Wola, Poland, to increase output of bulldozers, pipelayers, loaders and excavators for the European market.
LiuGong opened its first global regional headquarters in Warsaw, Poland, to support European sales, customer support and marketing.
Georg Fischer (GF) acquired 100% of German software company Symmedia GmbH, which provides software for machine networking. Symmedia, based in Bielefeld with 60 employees, will be integrated into GF's Machining Solutions division. Financial details were not disclosed.
Swedish forestry machine manufacturer Vimek won its largest order ever: 126 machines (74 harvesters and 52 forwarders) worth 160 million SEK from the Belarusian state forestry company State Forest Enterprises. The order will double production, requiring eight new hires and production line reorganization.
Alstom signed a Memorandum of Understanding to combine with Siemens' mobility business. Siemens will receive 50% of Alstom's share capital, and the combined entity will be named Siemens Alstom.
Lectra renewed its partnership with Faurecia through a global agreement for Faurecia's Seating Business Group, focusing on operational excellence and standardization of Vector fabric-cutting solutions.
Rolls-Royce has acquired from G+L innotec the exclusive rights to a patented technology for electrically assisted charging of off-highway combustion engines above 450 kW. Rolls-Royce plans to offer MTU-brand engines with this technology as of 2021.
Siemens and Alstom have agreed to form a joint venture, Siemens Alstom, combining their rail manufacturing divisions. Siemens will own just over 50% of the shares, with headquarters in Paris and Germany. The venture has combined annual revenue of around €15.3bn.