Tecnospiro Machine Tool, part of Grup Spiroide, inaugurated a 4,500 m2 production plant in the Pla dels Vinyats industrial estate in Sant Joan de Vilatorrada, Catalonia. The investment exceeded EUR 1 million and the site houses R&D, export and assembly of ROSCAMAT screwing arms.
SLM Solutions signed a long-term cooperation agreement with BeamIT, including a letter of intent for the purchase of 15 multi-laser machines by December 31, 2019. The agreement also covers joint development of parameters for metal powders.
Shanghai Chuangli Group ordered 32.4 million yuan worth of machine tools from Kunming Machine Tool in 2017, including a 12.4 million yuan order in early 2017 and a 20 million yuan additional order in July 2017. The order includes 10 machine tools.
Sauer Compressors Holding has acquired a 100% shareholding in HAUG Kompressoren AG of St. Gallen, Switzerland, which has been renamed HAUG Sauer Kompressoren AG. The deal adds oil-free and gas-tight piston compressors to Sauer's range.
John Deere and Wacker Neuson announced a strategic alliance where Wacker Neuson will supply Deere with Kramer brand compact equipment for agricultural customers. Deere will sell Kramer all-wheel-steer wheel loaders, telescopic wheel loaders, and telehandlers in Europe, CIS, North Africa, and the Middle East.
GE is building a $200 million factory in Marhaura, Bihar, India, as part of its localization strategy. The facility is under construction and will produce industrial equipment.
ABB is investing in a new R&D center at B&R headquarters in Eggelsberg and expanded production capacity in Gilgenberg, Austria. The technical office in Salzburg is being expanded to accommodate 50 new developers.
Geesinknorba Spain delivered 28 Kiggen portable compactors (7 PD 729 and 21 PD 731) to the Municipality of Tias on Lanzarote, replacing the former wheeled containers in Puerto del Carmen. The order formed part of a 10-year waste collection contract awarded in 2013.
Hitachi published a notice setting the transfer execution date for its acquisition of a U.S.-based air compressor manufacturer. The article gives no target name, value or closing details.
Sächsisches Textilforschungsinstitut e. V. awarded a contract to LASER ON DEMAND GMBH for a laser system for dry pretreatment, valued at EUR 209,699. The award was granted on 2017-07-05.
Saudi Aramco, Dussur, and Hyundai Heavy Industries signed an MOU to form a joint venture to manufacture 2-stroke engines, 4-stroke engines, and marine pumps in Ras Al-Khair, Saudi Arabia. The facility will be co-located with the King Salman International Complex for Maritime Industries.
Tornum AB has acquired all outstanding shares in Silokonsult Göran Persson AB, a Swedish supplier of machinery and planning for the grain and milling industries. The acquisition strengthens Tornum's position as a leading supplier of grain processing equipment in Sweden.
Anadolu Cam Sanayii A.Ş. transferred its 50% shares in Omco İstanbul Kalıp Sanayi ve Ticaret A.Ş. to its joint venture partner Omco International N.V. The transaction was completed on June 12, 2017.
Intermash, a machine tool plant in Lipetsk, received 235 million rubles from the Industrial Development Fund for a 580 million ruble project to produce turning, milling, and 5-axis machining centers, as well as linear guides and spindle units, at the Sozidatel industrial park in Yelets.
Valmet will supply two containerboard production lines (PM 41 and PM 42) with automation systems to Nine Dragons Industries in China, located in Hebei and Shenyang. The order value is undisclosed but typically around EUR 100-120 million.
China's State Council approved the merger of China National Machinery Industry Corporation (Sinomach) and China Hi-Tech Group Corporation. The textile conglomerate becomes a wholly-owned subsidiary of Sinomach.
ChargePoint Technology invested in a new 5-axis machine, automated washing plant and coordinate measuring machine at its Liverpool headquarters, as part of a wider £1 million investment to speed production of containment valves up to 350mm.
Timken India Ltd., a majority-owned subsidiary of The Timken Company, agreed to merge with ABC Bearings Ltd., a maker of tapered, cylindrical and spherical roller bearings based in Mumbai with plants in Bharuch and Dehradun, in a share-based deal subject to Indian approvals.
The governments of Quebec and Canada have approved over $18 million in loans to Armoires Fabritec to increase production capacity at its Bromont plant. The $50 million project is expected to create over 530 jobs over five years.
Paratech has signed a contract with Samsung Electronics to supply fire-fighting machinery for the P-PJT project. The contract is worth 34.781 billion won and runs until May 31, 2018.
Criotec invested in a modern automated polyurethane cabinet foam line from KraussMaffei at its Santa Catarina, Mexico facility, more than doubling production capacity to 1,800 refrigerator cabinets per day.
Smurfit Kappa announced a multi-million euro investment in a state-of-the-art recovery boiler (by 2020) and a new steam turbine (by 2022) at its Nettingsdorf Paper Mill in Austria. The project will reduce CO₂ emissions by 40,000 tonnes and increase production.
Karachi Shipyards & Engineering Works (KSEW) signed a $29.8 million contract with TTS Group for a 9,000-ton capacity Syncrolift ship lift-and-transfer system. The system is expected to be delivered in the first half of 2019.
Zuse Holding GmbH is buying the Hüller Hille assets of FFG Werke GmbH, including the Diedesheim plant, brand and products. The company will operate as Zuse Hüller-Hille Werkzeugmaschinen GmbH and relocate to Mosbach, retaining 185 employees and 15 apprentices.
Amkodor received a $192 million loan from Exim Bank of China for the construction of a new plant in Kolodischi, Belarus. The total project cost is $230 million. The plant will produce 6,000 special machines per year and create 1,500 jobs.
Mittler Bros. Machine & Tool purchased and acquired Cellular Concepts (CellCon) of Detroit, MI. CellCon will relocate operations to Mittler Bros.' facility in Wright City, MO, and continue operating under the CellCon name.
Valmet will supply two containerboard production lines (PM 41 and PM 42) with automation systems to Nine Dragons Industries in China, located in Hebei and Shenyang. The order is valued typically around EUR 100-120 million.
Network Rail has ordered seven Stoneblower track geometry machines from Harsco Rail. Delivery will start in late 2019 and take two years to complete, replacing units in use for over 20 years.
Proto Labs is buying six Arburg golden edition and 'S' machines and placing a large order of new machining centres as part of its European growth strategy.
Harsco Rail won a contract from Network Rail to supply seven Stoneblower track maintenance machines, including a long-term spare parts and software support agreement, with delivery scheduled over two years from late 2019.
Krantas Group, during a visit by the President of Uzbekistan to its Tashkent plant, announced plans to master production of truck cranes with 100-tonne capacity and tower cranes with 8-tonne capacity in 2017-2018. The plant currently produces over 60 types of special machinery.
Schoellershammer GmbH & Co. KG has commissioned a new paper production hall and material preparation facility at its headquarters in Düren, Germany, more than doubling its annual packaging paper production capacity to around 500,000 tons. Konecranes supplied three double-girder overhead cranes for the facility.
Chinese appliance maker Midea plans to invest Rs 800 crore in a 43-acre manufacturing facility in Pune producing refrigerators, washing machines and water appliances, employing 500 people and expected operational by end-2018.
Sumitomo Heavy Industries acquired the circulating fluidised bed (CFB) boiler business from Amec Foster Wheeler for $170 million. The acquired business will operate as Sumitomo SHI FW, a new global leader in sustainable energy solutions.
Evropeiskaya Elektrotechnica and Schneider Electric signed a partnership agreement to implement joint projects. Evropeiskaya Elektrotechnica will use Schneider Electric equipment in its low-voltage complex devices for defense, oil and gas, nuclear and other industrial facilities.
Bilfinger SE and SAMSON AG are establishing a joint venture, ubix GmbH, to step up the ubix IoT and automation platform. SAMSON is acquiring a majority interest in ubix GmbH, and both parties will invest a seven-digit amount in R&D over the next few years.
Seco Tools (Shanghai), Shaanxi Aobang Forging and Shenyang Machine Tool signed a strategic cooperation framework agreement to jointly establish a smart manufacturing company. The project involves a total investment of 250 million yuan, with 139 i5 smart machine tools, and Seco Tools will provide processing solutions.
Soga Energy Team formalized its acquisition of CMZ Sistemi Elettronici Srl, a Vascon (Treviso) maker of industrial motion control electronics, drives and motors, on June 28, 2017.
Noble Corporation awarded AFGlobal a contract to supply and install an integrated deepwater managed pressure drilling system.
The Timken Company has agreed to acquire Groeneveld Group, a provider of automatic lubrication solutions, for approximately $280 million. The transaction is expected to close in early July 2017.
Protomet Corporation will invest $29.3 million to establish a new manufacturing, engineering and R&D facility in Loudon County, Tennessee, creating 200 jobs. The plant is expected to be operational in the first half of 2018.
Jier Machine Tool Group Co delivered its ninth high-end automatic stamping line to Ford Motor Co, installed at Ford's Woodhaven Stamping Plant in Detroit on June 27, 2017. The latest line is expected to begin service in January 2018, marking the first time in 20 years Ford bought complete press equipment from a non-German supplier.
SLM Solutions Group AG is constructing a new headquarters in Lübeck-Genin, Germany, with single-shift capacity to build 500 additive manufacturing machines per year. Completion is expected by early 2018.
Oak Ridge-based Protomet Corporation will invest $29.3 million to establish a new facility in Loudon County, Tennessee, rehabbing a 224,000-square-foot former Maremont building. The company will create 200 jobs over five years and expects the plant to be operational in the first half of 2018.
Caterpillar plans to increase excavator production at its Tosno plant, adding two new models. Investment is estimated at 300 million rubles, with implementation starting in 2018.
TTS Tooltechnic Systems, parent of Festool, acquired SawStop LLC. The deal is expected to close in July 2017, with SawStop's management continuing to operate from Oregon.
Goodway Machine Corp is building a new NT$600 million plant in Chiayi's Dapumei Intelligent Industrial Park, expected to start trial production at the end of Q4 2017, manufacturing CNC machines for aerospace and energy industries.
Goodway Machine Corp plans to invest NT$2 billion (US$65.93 million) over two years to develop smart machinery, including building a new smart plant for automotive customers.
GF Machining Solutions won a significant order from GKN Aerospace New England for high-precision milling machine tools, software, and automation, to be built by Liechti Engineering and delivered between Q3 2017 and Q2 2018.
Homag won a contract worth over EUR 30 million from Chinese furniture maker Oppein for 307 stand-alone machines, including panel-dividing, edge-banding, and CNC machines.