National Oilwell Varco (NOV) Flexibles UK installed a new Doosan Puma VTS 1620M vertical turning lathe at its upgraded manufacturing facility in Glenrothes, Fife, UK, in April 2017, as part of a multi-million-pound investment to create a global Centre of Excellence for welding and precision manufacturing.
FN Immobilien GmbH & Co. KG and Mayer Feintechnik GmbH are investing €6.1 million in a new 17,000 m² production hall at Marie-Curie-Straße 1 in Göttingen, Germany, to centralise production. Completion is planned for June 2018, with up to 40 new jobs expected.
Baker Hughes, a GE company, received a third contract for Eni East Africa's Coral South FLNG project covering boil-off gas and booster compressors that re-liquefy LNG boil-off, awarded after the GE Oil & Gas integration closed in July 2017.
Baker Hughes, a GE company, won a contract to supply four turbo-compression trains and four turbo-generation units for Eni East Africa's Coral South FLNG facility offshore Mozambique, to be manufactured at its Nuovo Pignone facility in Florence, Italy.
Agricultural machinery manufacturer Schuitemaker invested in eleven Demag V-type cranes for a new workshop area at its Rijssen, Netherlands facility, restructuring final assembly into a linear production process to reduce throughput times.
Maschinenfabrik Gustav Eirich GmbH & Co KG completed a major reorganisation of its production at its headquarters in Hardheim, Germany, including the construction of a new 105-metre production building and installation of seven Demag cranes. The project is the largest in the company's 150-year history.
TQ Environmental, a supplier of leak detection equipment, expanded its headquarters in response to growing demand.
Cameco, a Swedish mechanical workshop, has purchased its third Niigata horizontal machining center, a SPN 701, from supplier Ahlsell Maskin to improve speed and quality.
ASB International Pvt Ltd, a PET container machinery manufacturer, is installing over 50 Konecranes cranes at its export-oriented plant in Ambernath, Thane, India, to enhance safety and efficiency.
The Australian Department of Defence awarded a contract to 600 Machine Tools Pty Ltd for the supply of a lathe, valued at $47,499.10.
OSG Group, a global leader in cutting tools, became the major shareholder of SMOC INDUSTRIES by acquiring 55% of its shares, expanding its sales proposition to the aerospace market and strengthening positions between France and Asia.
Atlas Copco acquired C.H. Spencer & Company, a US distributor of industrial pumps and compressors serving Nevada, Wyoming and Idaho. About 40 employees join Atlas Copco and the price was not disclosed.
SEW Eurodrive awarded THS Constructors the expansion of its assembly plant and distribution center in Lyman, South Carolina, adding 75,000 square feet of assembly and warehouse space and an assembly dock expansion.
Marian, Inc. broke ground on August 14, 2017, for a 12,000-square-foot expansion at its Indianapolis headquarters to house a new machine shop, consolidating its tool and shop staff and machine building processes under one roof.
GF Machining Solutions won an order to supply three advanced CNC machine tools to Nemein Ltd for its facility in Pyle, Bridgend. The machines will be delivered and installed later in 2017 via a staged process.
Kaeser Compressors India has commissioned a 120kWp captive rooftop solar PV plant at its Pune, Maharashtra manufacturing facility, built with Enerparc India, to cut grid energy use.
The Eurogruas Group ordered nine new Liebherr all-terrain cranes to modernize its fleet in Spain, with five received in July 2017.
Semco Maritime won a contract to upgrade Seadrill's West Elara jackup rig at its Hanøytangen yard in Bergen, Norway, to prepare it for a ConocoPhillips contract in the North Sea starting in 2018.
Private equity firm Auxo Investment Partners acquired two die manufacturers: Atlas Die (Elkhart, Indiana) and Bernal (Rochester Hills, Michigan). No financial terms were disclosed.
Gryphon Environmental LLC will invest more than $1.76 million and create 20 full-time jobs as it moves to a larger facility within Owensboro, Kentucky, increasing its workforce from 9 to 29 employees.
Mollart Engineering secured a $3 million contract for five Omnisprint gundrilling machines from a North American customer in the automotive sector, with one machine to be exhibited at EMO Hannover before delivery.
Japan's Nikkiso closed its acquisition of California-based Cryogenic Industries Inc and Cryogenic Industries AG of Basel, makers of cryogenic centrifugal and reciprocating pumps and equipment for industrial gas and LNG markets. The deal value was not disclosed.
Mitsubishi Heavy Industries Mechatronics Systems (MHI-MS) has signed a license agreement with Jiangsu Masada Heavy Industries to manufacture and sell hose handling cranes and container ship deck cranes in China. The deal covers three series of hose handling cranes and a 45-ton slim-type deck crane.
Hapco Pole Products will invest over $6 million to construct a 60,000-square-foot manufacturing facility adjacent to its current campus in Abingdon, Virginia, creating 28 new jobs.
Electric Machinery (WEG Group), S.T. Cotter Turbine Services and Axis Mechanical Group announced a business alliance to provide comprehensive aftermarket services for rotating equipment, covering maintenance, repair and overhaul for industries including petrochemical, power generation and oil and gas.
Denyo Mfg. Corp. announced a $8.7 million expansion at its Danville, Ky., campus, building a 63,000-sq.-ft. facility for sheet metal fabrication used in generator and air compressor assembly. The expansion is expected to create up to 90 jobs and be fully operational by October 2018.
San Sac Group acquired Avfallsteknik Skandinavien AB (ATS) and Service Link Skandinavien AB, and will merge them with its Swedish subsidiary Orwak Sverige AB to become the market leader in waste compaction equipment sales and service in Sweden.
Haydale Graphene Industries' US subsidiary landed a $4.58 million, three-year contract with Tateho Chemical Industries of Japan to supply silicon carbide whiskers and ceramic blend products for ceramic cutting tools.
Schaeffler will merge its three local entities (Schaeffler India, INA India, and LuK India) under the listed subsidiary Schaeffler India to simplify structure and accelerate growth in India. The merger requires regulatory approvals and will double employee count from 1,500 to over 3,000.
Vision Engineering and Luxo Corporation have announced a new business partnership. Vision Engineering will offer a full range of co-branded magnifiers to the North American market.
Global Tooling Solutions LLC has announced a strategic partnership with Autogrip Machinery Co. to bring Autogrip's power chucks and workholding products to the U.S. market.
Kruger committed C$377.6 million to diversify its Brompton and Wayagamack mills in Quebec into specialty papers; Investissement Québec takes a 37.5% equity stake and provides loans, creating Kruger Specialty Papers Holding L.P.
China-based J-Star Motion will establish a new manufacturing facility in Cedar Springs, Michigan, investing $4.9 million and planning 122 jobs, supported by a $738,000 state grant.
Barloworld Equipment, distributor of Caterpillar equipment in South Africa, celebrated its 90-year partnership with Caterpillar and officially opened a new 60,000 m² distribution warehouse near Johannesburg to reduce spare parts delivery times.
Metrology Software Products Ltd (MSP) has expanded its development facilities in the UK by 100%, increasing to six facilities. The expansion includes new machinery for R&D and supports new contracts in Australia, North America, Mexico and India.
ITM Corporation (ITM) will build a new factory on its headquarters site in Ishikawa Prefecture, Japan, to increase production capacity for metal parts used in buses, trucks, and construction machinery by 30%. The expansion aims to meet growing demand from increased tourism and e-commerce.
Lokesh Machine Tools has entered a technology partnership with EMCO Group to manufacture next-generation multitasking machines for the Indian market and re-export, to be assembled at a new facility in Kallakal, Hyderabad.
Weedon Corrugated Products has invested in a Fosber dry end for its in-house corrugator to boost sheet board production.
Green Cold Sistemas Industriales S.A. plans to relocate and expand its production capacity from Lucena to Cabra, Spain, with a €1.3 million investment supported by a €472,626 incentive from the Andalusian Innovation and Development Agency. The project will create 7 jobs and maintain 28.
LS Tractor USA, an agricultural equipment distributor, will invest $11.5 million to expand its facility in Battleboro, North Carolina, creating 31 jobs over five years.
UMW Corporation Sdn. Bhd. and Komatsu Ltd. signed a Letter of Intent to establish a joint venture company for heavy equipment distribution in Malaysia, Singapore, Myanmar, and Papua New Guinea. UMWC will hold 74% and Komatsu 26%.
Citizen Watch Manufacturing will add a new factory building at its Citizen Watch Kagoshima subsidiary, with an investment of approximately 6 billion yen, to increase production capacity for watch parts.
The Roemheld Group has opened a new 6,000 m² Stark manufacturing centre in Rankweil, Austria, housing advanced manufacturing equipment for zero point mounting systems.
GF Machining Solutions has won an order to supply three CNC machine tools to Nemein for its facility in Bridgend, UK, to manufacture components for downhole oil and gas tools.
Star Micronics will construct a new three-story factory building at its Dalian plant in China, with an investment of approximately 7 billion yen, to increase production capacity for CNC automatic lathes.
Burckhardt Compression will deliver its Laby compressor system for a monoethylene glycol plant in Lake Charles, Louisiana, with 700,000 tpy capacity, part of an ethane cracker project expected to operate in 2019.
Alcast Company purchased the operating assets of Fairfield Aluminum Castings Company in Fairfield, Iowa, and assumed the Clarence, Missouri property. The acquired business will be rebranded as Alcast Company Midwest Works LLC.
Trinidad Drilling Ltd. has acquired RigMinder Operating LLC for US$30 million, comprising US$25 million in cash and US$5 million in common shares, with additional contingent payments of up to US$10 million and an earnout. RigMinder provides drilling technology including directional drilling guidance and electronic data recording systems.
Pronar has started production of axles, drivetrains and tracked and wheeled running gear at a new factory in Hajnówka, Poland. The facility covers 90,000 m² total area with 18,100 m² under roof, and will eventually employ several hundred people.
Toromont Industries agreed to buy privately held Hewitt Group, operator of 45 Caterpillar dealerships in Quebec, the Maritimes, Labrador West and Ontario, for about C$1.02 billion in cash and shares, expected to close by mid-October.