SCM Group, an Italian multinational in machines and industrial equipment, signed an agreement to acquire 51% of HG Grimme, a German specialist in machines for processing plastic and composite materials. The Grimme family will remain in management.

Chongqing Machinery & Electric (02722) signed an agreement with its parent to acquire 100% of a smart manufacturing company and an equipment research institute, while transferring its stakes in Qichi Transmission and a small-loan company to the parent. The net consideration is RMB 169 million paid by the parent in cash.

General Electric's 2015 deal to sell 1,000 diesel locomotives to Indian Railways for $2.5 billion over 11 years is in danger of being lost.

Siemens is expected to decide on September 26, 2017 to pursue a rail merger with Alstom, creating a joint venture with combined sales of about €15 billion.

The Coesia Group announced the acquisition of the entire share capital of MGS Machine Corporation, a provider of packaging automated machinery headquartered in Minneapolis, Minnesota, with 2017 revenues of USD 28 million and about 120 employees.

Australian communications distributor Madison Technologies has acquired Victoria-based IoT manufacturer Shepelec Instrumentation for an undisclosed sum, including its MultiPar Multi-IO Device product.

Makino Inc. announced its merger with EDM consumables supplier Global EDM Supplies. The merger is expected to expand Makino's Single Source Technologies (SST) consumables business by broadening geographic reach and product diversity.

AGCO Corp. is investing $2 million in its Edgewood, Maryland assembly and distribution facility for Massey Ferguson compact and utility tractors. The project includes more storage, new assembly line equipment, and paperless order tracking, aiming to increase production volume by 50%.

Machine Service, Inc. acquired Prop Shaft Supply, Inc., a manufacturer of driveshafts and related components, based in Elkhorn, Wisconsin. The sale was finalized on August 1, 2017.

Van Beest, manufacturer of lifting equipment, acquired the majority of shares of Irizar Forge, based in Spain.

Filtres Guérin, a European leader in metallic filter elements, moved into a new 5,000 m² plant in Condé-sur-Vire, France. Production started in spring 2016, and the plant was inaugurated on September 22, 2017. The company plans 20 new hires by 2020.

Indutrade AB signed an agreement to acquire all shares of German metal cutting tools manufacturer Inovatools Group, which has annual sales of approximately EUR 33 million and 200 employees. The acquisition is contingent on regulatory approval.

Sulzer's Russian subsidiary Zulzer Khemtek presented an expanded and modernized machinery plant in Serpukhov on 22 September 2017. Investment in the expansion was about 400 million roubles, and headcount is set to rise to 131 by year end.

Bidell Gas Compression secured its first orders, three compressor systems for MarkWest Energy Partners, estimated at $1 million each.

Aerzen USA, a division of Aerzener Maschinenfabrik GmbH, is expanding its Coatesville facility in Chester County, Pennsylvania, with a $7.5 million project that will add 16 jobs and grow the workforce to more than 110 by year end.

Kobelco announced it will manufacture four additional excavator models at its Spartanburg, South Carolina plant by 2018, bringing the total to 11 models. The plant aims to produce 1,800 machines per year and is hiring 20 more employees.

IK Investment Partners agreed to sell Schenck Process, a global market leader in measuring and process technology, to private equity funds managed by Blackstone. The deal was announced on September 21, 2017.

Falfurrias Capital Partners has completed an investment in SixAxis LLC, a manufacturer of safety equipment including SafeRack and ErectaStep brands. The existing management team will remain, and Ken Walker will join as Executive Chairman.

Chart Industries completed the acquisition of heat transfer solutions company Hudson Products for $410 million, adding air-cooled heat exchangers and axial flow cooling fans.

Vixxo expanded its partnership with Target Corporation to include managing maintenance and repair of food production equipment at Target Café, in-store Starbucks and Pizza Hut locations across Target stores.

SLM Solutions Group AG received an order worth up to €43 million ($52M USD) for 50 SLM 280 series metal additive manufacturing machines. The contract will be fulfilled over 2017–2020.

ROL/Statga, the Swedish-capital manufacturer of adjustable height tables, completed construction of a new factory in Šiauliai, Lithuania, and began installing a robotized table production line. Total investments will amount to EUR 11.9 million by 2018.

Stece Fjädrar, a Lesjöfors company, is installing a new Waifos SNA 22 machine to extend its wave spring range down to Dy 20 mm, with the machine scheduled to start at the end of September 2017.

Beckwood Press Company was awarded a contract by Dahlstrom Roll Form to design and manufacture a 75-ton high-speed punching press. The press will punch aluminum and steel sheet material up to 60 times per minute.

FFL, a private equity firm, has completed an investment in Bacharach Holding Corp, a manufacturer of refrigerant gas leak detection instruments and combustion analyzers. Terms were not disclosed.

National Technologies Associates has won a potential five-year, $23.5 million contract to provide depot-level maintenance services to the U.S. Navy's Fleet Readiness Center Southwest.

RWDI is investing $41.14 million to establish one of the world's most advanced centres for wind tunnel research and rapid prototyping at its Guelph, Ontario facility, with support from Ontario and federal governments. The project is expected to create 125 jobs and be completed by 2021.

Paper Converting Machine Company (PCMC), a division of Barry-Wehmiller, acquired Graphbury Machines, LLC, a manufacturer of flexible packaging machinery and engineering services provider based in Green Bay, Wisconsin.

Austrian crane manufacturer Palfinger increased production capacity by 30% and opened 100 new jobs at its factory in Cherven Bryag, Bulgaria. The project cost around 7 million euro and closes the production cycle of loading cranes.

Weba Werkzeugbau acquired a state-of-the-art SHW UniForce 6 machining center at its Olomouc site in the Czech Republic, strengthening its cast machining capabilities for the automotive industry.

Moscow authorities signed an agreement with German machine tool maker Niles-Simmons-Hegenscheidt to create a production facility in Zelenograd's Alabushevo site. Investment is about 750 million rubles, creating 153 jobs, with work planned to start by end of 2017.

Gree Electric announced a 15 billion yuan investment to build the China Luoyang Independent Innovation Smart Manufacturing Industry Base in Luoyang, Henan province. The project will produce robots, smart machine tools, precision molds, and small home appliances, and is expected to create annual output value of over 30 billion yuan.

Davis-Standard announced it has closed its acquisition of Maillefer International Oy, a global leader in wire, cable, pipe and tube production technologies based in Finland and Switzerland.

BMG, part of Invicta Holdings, officially launched its upgraded BMG World site in Johannesburg, a R400-million investment consolidating operations into a leading-edge distribution centre with over 308,000 m³ of warehousing.

Trask-Decrow Machinery transferred its plant air compressor business to Ingersoll-Rand, its long-time distributor partner. Both companies will share the same location in Scarborough, Maine, while Trask-Decrow keeps its industrial pump and portable equipment business.

Baltic Industrial Company (BPK) opened a new scientific-production complex BPK-SEVER in St. Petersburg, Russia, for manufacturing metal-cutting machine tools under the F.O.R.T brand. Investments totaled 3.5 billion rubles, with plans for another complex.

Schunk USA has started construction on an expansion of its U.S. headquarters in Morrisville, North Carolina, more than doubling the facility size. The company will invest $30 million by 2022 and create over 80 new jobs.

Kato Works will build a new factory in Bando City, Ibaraki Prefecture, Japan, to manufacture parts for construction machinery. The total investment is about ¥3 billion, with completion targeted for 2018.

VMI Group opened a new manufacturing facility in Leszno, Poland, with 13,500 sqm of floor space. The facility currently employs 70 people, expected to grow to over 150 by mid-2018.

European anti-trust authorities approved a strategic alliance between Kramer-Werke and John Deere for the sale of Kramer-branded telescopic handlers and wheel loaders primarily for agriculture. John Deere also acquired an equity stake in Kramer.

CIMC Group and SF Express signed a strategic cooperation framework agreement on September 13, 2017, to collaborate in areas including multimodal transport, express delivery, Belt and Road Initiative, China-Europe Railway Express, railway, equipment, technology, and commerce.

Advanced Powders & Coatings (AP&C), a subsidiary of Arcam AB and GE Additive, inaugurated a new $31-million additive manufacturing facility in Saint-Eustache, Quebec. The plant will produce titanium powder for 3D printing, with a capacity of 750 tonnes, eventually 1,250 tonnes, and will create 106 new jobs by end of 2017.

Format GmbH has completed construction of a new 4,500 sqm production and logistics center in Hessisch Lichtenau, Germany. Construction began in October 2016.

SLM Solutions has signed a contract worth EUR 43 million to supply 50 SLM 280 series machines to a Chinese machinery company. The deal is spread over three years.

BillerudKorsnäs has selected Krohne Inor as supplier of process instruments for its major investment at the Gruvön mill in Sweden. The order is a framework agreement covering over 750 process instruments, including pressure and temperature transmitters, for one of the world's largest board machines with a capacity of 550,000 tonnes of board annually.

Colby Co. Engineering LLC of Portland, Maine, was awarded a five-year, $30 million contract to assist the U.S. Navy's facilities engineering group with designs for building renovations and new construction in support of its submarine overhaul program.

Holroyd Precision has sold two of its newly developed 4EX-R-BL CNC profile milling machines to a leading European manufacturer of compressed air systems. The machines, built in Rochdale, UK, can mill both helical rotors and Roots-type blower components.

The Swiss Bühler Group has acquired FHW Franz Haas Waffelmaschinen GmbH, a world market leader in production lines for waffles, cookies and snacks, including its subsidiary MKE in Heidenreichstein, Austria, which employs 210 people and produces pipeline valves and automation equipment.

John Deere's planned investment in Kramer-Werke GmbH (a division of Wacker Neuson SE) has been approved by EU anti-trust authorities. The strategic alliance involves John Deere acquiring an equity stake in Kramer and distributing Kramer-branded telescopic handlers and wheel loaders through its dealer network in Europe, North Africa, CIS and the Near and Middle East.

Amkodor and China Sinomach Heavy Industry Corporation signed memorandums on commercial aspects and localization of excavator manufacturing. The Amkodor-KEZ factory will receive 35 kits to assemble Sinomach excavators within three months, with a contract value of about $3 million.