Atekon (Nanjing Atcon Technology Co., Ltd.) was selected as a shortlisted bidder in Sinopec's 2017 Shengli Oilfield tender for domestically produced PLC modules and frames.
Qingdao Sentury Tire Co Ltd has invested 300 million yuan ($44 million) in a new facility for commercial aircraft tires in Qingdao, Shandong. The plant covers 30,000 square meters and is expected to reach a capacity of 150,000 tires per annum within five years, with first production by end of 2017.
MinebeaMitsumi and the Development Bank of Japan agreed to acquire all shares of C&A Tool Engineering, a precision machinery metal processing manufacturer in Indiana, with MinebeaMitsumi holding 51% and DBJ 49%.
HMT Machine Tools' Bengaluru Complex developed a CNC Oil Country Lathe against an order from ONGC, Baroda, as an import substitution product under the 'Make In India' initiative.
Haohua Junhua Group awarded a tender for a temperature control valve for its air compressor at a thermal power plant workshop to Zhumadian Kaishan Electromechanical Equipment, with the project closed on 2017-11-23.
French industrial group SFPI, through its subsidiary Delta Neu, acquired JKF Industri A/S, a Danish supplier of process ventilation systems, from Maj Invest Equity and other shareholders. Financial terms were not disclosed.
Mazak Corporation has completed the installation of a new Mazak HCN-16000Q Horizontal Machining Center at its North American Manufacturing Plant in Florence, Kentucky. The machine adds capacity for producing larger components and new machine models.
Industrial Magnetics, Inc. is constructing a new 1,400 sq. ft. R&D lab at its facility for simulated application testing of magnetic products. The lab is near completion and will feature testing equipment for holding, lifting, automation, conveying, and magnetic separation.
Automotive supplier Chongqing Lianhao Technology from China has ordered four mechanical forging lines from Schuler. The multi-station mechanical presses have press forces between 8,000 and 20,000 kN, with delivery planned for the first half of 2018.
Swiss gear specialist Christ & Heiri AG has taken over Grieshaber Feinmechanik GmbH & Co KG, a Black Forest company with facilities in Germany and Mexico. The acquisition includes plans to relocate the Eisenbach site to Löffingen in the medium term.
Schenck Process is investing to renovate its main Whitewater, Wisconsin plant into a dedicated stainless steel production facility, removing carbon steel manufacturing. The facility is expected to be fully operational by October 1, 2017.
Mespack, a Duravant subsidiary making flexible packaging machinery, acquired Barcelona-based SR Innova, which makes secondary packaging and end-of-line machinery. The deal was announced on August 8, 2017; the value was not disclosed.
Oregon-based Papé Machinery, Construction & Forestry purchased the assets of Rowand Machinery Co., a John Deere dealer with locations in Spokane and Pasco, Washington. Terms were not disclosed.
Ryder System Inc's Ryder Fuel Services division was selected as a preferred fuel services partner for Hydrotex, a manufacturer of lubricants and filtration solutions. Ryder will provide tank monitoring and management services for Hydrotex's programs.
Kyocera Corporation acquired 100% ownership of SENCO Holdings, a U.S.-based manufacturer of fastening tools and fasteners, as of August 7, 2017. The company has been renamed KYOCERA SENCO Industrial Tools, Inc.
Kuka announced a EUR 100 million investment in its main location in Augsburg, including a new two-story production hall, expected to create 1,600 additional jobs by 2025. The company also plans a Kuka Campus for startups.
IVISYS AB received an order worth approximately EUR 70,000 from Atlas Copco in Belgium for a full-scale IVISYS Pro Installation quality control system, following a successful pilot study earlier in 2017.
Sanatmetal Ortopédiai és Traumatológiai Eszközöket Gyártó Kft. awarded a contract to Virág Hightech CNC Kft. for the purchase of 2 CNC machining centers, valued at HUF 79,900,000. The award was granted on 2017-11-28.
MKS Inc. announced the expansion of its Atotech equipment manufacturing site in Guangzhou, China. The $25 million investment will expand the facility from 20,000 m² to 50,000 m², add 30 machining systems, and create over 300 jobs. The expansion is expected to be completed in Q3 2027.
Siemens and DB Cargo AG signed a framework agreement for the delivery of 100 locomotives, with an initial call for 60 Vectron multisystem locomotives to serve on the Rhine-Alpine Corridor.
Willowbrook packaging company Impak Corp acquired Commerce-based Gramatech, a manufacturer of sealing equipment, in July 2017 for an undisclosed amount. The deal gives Impak access to high-tech sealing equipment and expands its packaging offerings.
VINCI Energies acquired ADM Systems Engineering Ltd, a Canadian engineering and system integration company with 40 employees and €4 million revenue in 2016, marking its entry into Canada.
Woodlawn Partners has acquired BW Manufacturing, a maker of concrete flooring equipment and industrial vacuums for surface preparation. The acquisition was announced on August 3, 2017.
FLSmidth has been awarded an order from Cielo Azul Cementos y Calizas S.A. for engineering, procurement and supply of equipment for a complete cement plant near Treinta y Tres, Uruguay, worth over USD 30 million.
Blackline Safety Corp. received a $2.3M purchase order for G7c wireless gas detection products and services from a leading global utility company.
Stephenson Equipment added Walsh Equipment as a new division, expanding its distribution of construction equipment in Pennsylvania and New York. The combined entity employs about 185 people.
Jacobs Engineering Group Inc. agreed to acquire all outstanding shares of CH2M HILL Companies Ltd. in a cash and stock transaction with an enterprise value of approximately $3.27 billion, including about $416 million of CH2M net debt. The deal was announced on August 2, 2017.
Matcon Americas held a grand opening of its new 8,000-square-foot facility in Delran, New Jersey, providing warehouse space for aftersales parts, local repairs, and a test laboratory.
Schenck Process is renovating its main plant in Whitewater, Wisconsin, into a dedicated stainless steel production facility to serve high-end food, dairy, nutraceutical and fine chemical markets.
Beckwood Press Co. has been awarded a contract by Weldmac Mfg. Co. to produce a custom 800-ton, triple-action press for forming high-strength alloys for the aerospace and defense industry. The press is scheduled for completion in early 2018.
Reko International Group Inc. announced plans to construct a new 40,000-square-foot manufacturing and innovation facility adjacent to its current premises in Lakeshore, Ontario. The project is expected to cost approximately $5.5 million and be completed in early 2018.
Huadong Heavy Machinery Co. will invest USD442.5 million to acquire 100% of Guangdong Harvest Star Technology Co., a CNC machine tool manufacturer, to enter the high-end equipment manufacturing industry.
TMC Compressors won a contract from AVIC Dingheng Shipbuilding to supply compressed air systems and feed air compressors for two chemical tankers being built for Norway's Utkilen AS at the Jiangsu shipyard, with delivery scheduled for 2019.
Machine Service, Inc. acquired Prop Shaft Supply, Inc., a manufacturer of driveshafts and related components. The sale was finalized on August 1, 2017, and Prop Shaft Supply will operate as a separate division of MSI.
Repligen Corp acquired Spectrum, Inc. (Spectrum LifeSciences), a maker of hollow-fiber filtration products and KrosFlo TFF systems, for approximately $359 million ($120 million cash plus $239 million in Repligen stock). The deal closed on August 1, 2017.
ICOTEX (Industrial Components of Texas) held a ribbon-cutting ceremony on August 1, 2017, to celebrate the opening of its new factory in Conroe, Texas. The plant manufactures industrial components.
ALTEN Group announced the acquisition of Syncroness, Inc., a Colorado-based engineering services and product development company. The acquisition allows ALTEN to grow its USA operations and expand its product offering internationally.
Prodways Group, the 3D printing subsidiary of Groupe Gorgé, announced it has entered exclusive negotiations to acquire 100% of AvenAo Industrie, a specialist in innovative industrial solutions and distributor of Solidworks and 3D Systems products. The transaction will be paid 50% in shares and 50% in cash, with an additional earn-out of about 20% payable in 2019.
OMRON Corporation announced it has entered into an agreement to acquire Microscan Systems, Inc., a US-based industrial code reader company, from Spectris plc. The acquisition is scheduled to close in early October 2017.
Spanish-owned Daumar is constructing a 113,000 sq ft production plant and 27,000 sq ft office building in Huntersville, North Carolina, a project first announced in August 2017 with a $21 million first phase and 40 planned jobs.
Burckhardt Compression delivered a multi-stage Laby labyrinth piston compressor system in August 2017 to the monoethylene glycol plant under construction in Calcasieu Parish, Louisiana, built by LACC LLC, a joint venture of Lotte Chemical and Axiall.
Kazan Motor-Building Production Association (KMPO) won a tender to design and deliver 16 MW gas compressors for Arctic Gas Company PJSC in the Yamal region, bidding 3.25 billion rubles. KMPO announced the signed contract on August 1, 2017.
Effective August 1, 2017, Medo USA Inc. merged with its parent company Nitto Kohki USA in Roselle, Illinois, unifying the US corporate structure. Product models, part numbers and pricing are unchanged.
Leeds manufacturer Meltog won a GBP 400,000 order for industrial recycling machinery from a new Saudi Arabian food processing and packaging customer. UK Export Finance and Lloyds Banking Group provided working capital support.
Sany Heavy Industry resumed construction of a factory in Jacareí, Brazil, with an investment of nearly R$900 million. The plant is expected to be completed in October 2017 and will produce up to 2,000 machines per year.
SCM Group signed an agreement to acquire 51% of HG Grimme, a German specialist in systems for machining plastic and composite materials, to strengthen global leadership in technological solutions for processing plastic and composite materials.
Air Liquide announced it has completed the sale of its subsidiary Air Liquide Welding to Lincoln Electric France SAS, a subsidiary of Lincoln Electric Holdings. The sale follows an agreement signed on April 27, 2017.
Gematech Anlagenbau broke ground on a new warehouse hall at its Erolzheim site, investing approximately 700,000 euros. Completion is planned for early October 2017.
Chinese automotive supplier Chongqing Lianhao Technology ordered four mechanical forging lines from Schuler, with press forces between 8,000 and 20,000 kN, for mass producing drive and chassis components.
John Deere and Wirtgen Group announced a merger, with complementary product lines in construction and road-building equipment, expanding John Deere's offerings.