SLM Solutions signed its largest single order, a $13 million contract for 10 SLM 500 multi-laser metal additive manufacturing machines, to be delivered to a customer in China within 15 months.
Babcock Wanson acquired Reputabel Warmtetechniek in the Netherlands in 2017, strengthening its local presence.
Kobelco Construction Machinery USA will increase manufacturing capacity at its Spartanburg, SC facility to 1,800 units/year, adding the SK500LC-10 model in fall 2017 and the SK260LC-10 High & Wide in early 2018. More than 20 new hires are planned.
Siempelkamp has received a €75 million order from GalAg LLC (formerly California Agriboard) to supply the complete machinery for a fiberboard plant in Willows, California. The plant will produce 200,000 cubic meters of fiberboard from rice straw per year, with completion by end of 2018.
Paul Horn GmbH moved into two new buildings for production and administration in Tübingen at the end of 2016, doubling its capacities with a total investment of over €70 million including production equipment.
Sulzer has completed the acquisition of industrial pumping solutions company Ensival Moret, combining their portfolios into a full line of pumps and mixing solutions.
Group HES is investing £150,000 in special purpose machinery to end-form large bore high pressure pipes up to 10 inches, and will become a UK base for the Parker Pipework Centre.
Group HES won a record contract from Galliford Try to supply, build and install four hydraulic ring mains powering the new Airbus Wing Integration Centre in Filton, Bristol.
Polyhose Group acquired the construction equipment manufacturing facility of the Ashok Leyland-John Deere joint venture. The group plans to invest Rs 100-120 crore in the new business and start manufacturing construction equipment within a year.
Votkinsk Zavod ordered a 10-MN monoframe forging press from Danieli Breda as part of a nearly $100 million capital investment program to rebuild and revitalize its technical capabilities, including a new forging plant, metal-stamping capabilities, and machine tools, to be completed by December 2019.
Chamberlin & Hill Castings Ltd invested £1.8 million in a custom-built finish machining facility at its Walsall factory, installing three Chiron Scherer Feinbau automated mill/turn centres to become the UK's only fully integrated supplier of grey iron bearing housings for engine turbochargers.
Oerlikon signed a collaboration agreement with a subsidiary of General Electric (GE) to develop its 3D printing business.
Dof Tools is doubling its production area in Trollhättan, Sweden, by moving to a new facility on Kardanvägen. The company is also investing in an Anca MX7 Linear machine and upgrading software.
Metso is investing approximately €1 million to add a new Speedline 2 assembly line at its Tampere, Finland factory, increasing capacity for Lokotrack mobile crushers by over 30%. Construction starts shortly, with first equipment expected in Q1 2018.
Nuter Aerocomponents pre-ordered a Liechti go-Mill 350 vertical 5-axis machining center from GF Machining Solutions to support production for Pratt & Whitney's PW800 turbofan engine family.
GE Transportation signed a $575 million deal with the Egyptian railway. Details are limited.
Rock Rail and partners have reached financial close on a £1 billion financing deal for 90 new Bombardier AVENTRA trains for the South Western franchise operators FirstGroup and MTR. The trains will enter service from mid-2019.
Qingdao Haier Co., Ltd. will acquire 100% of Fisher & Paykel Production Machinery Limited (PML) from Fisher & Paykel Appliances Limited for $48.615 million USD, to strengthen its smart manufacturing capabilities.
Yamazaki Mazak Singapore opened a new additive manufacturing solution centre in Singapore, and expanded its tooling and machine tool production facility.
Fives Landis Corp. opened a 6,000-square-foot Technology Center at its production plant in Hagerstown, Maryland, featuring high precision grinding systems. The facility supports R&D and demonstrations.
PA Power Automation AG and German machine tool builder Zuse Hüller-Hille entered a technical and commercial cooperation to jointly build intelligent five-axis machine tools for Industry 4.0 applications. First prototypes are expected in 2017.
Treofan is investing USD 45 million in a new 5-layer, 10.4m BOPP orientation line at its Zacapu, Mexico plant, due to start in Q4 2018. The line yields a net capacity increase of about 30,000 tons per year, or 50% of current capacity, as an old 1992 line is mothballed.
Japanese bearing maker NSK is launching a new plant in Fujisawa, Kanagawa, this autumn to produce very large bearings used in railways and wind power generation.
AACOA, a division of Bonnell Aluminum, is completing an $18 million expansion project including a new 33 MN extrusion press line and additional building space at its facility. The press will have an estimated capacity of 16 million lbs and is expected to start up in May 2017.
Valmet will supply a complete Advantage NTT 200 tissue production line to Sofidel's Ibertissue mill in Buñuel, Navarra, Spain. Start-up is scheduled for Q3 2018. The order value is not disclosed.
Xinjiang Urban Construction (Group) Co., Ltd proposed to acquire a 95% stake in Zhuolang Intelligent Machinery Co., Ltd. for CNY 9.7 billion.
First Reserve agreed to acquire the integrity maintenance platform of EMS USA, Inc., a provider of pipeline integrity, maintenance and repair services for midstream and downstream energy customers.
Valmet will supply a complete Advantage NTT tissue production line to Sofidel's Ibertissue mill in Buñuel, Navarra, Spain. Start-up is scheduled for Q3 2018.
STAN invested approximately RUB 3 billion in technical re-equipment of its machine-tool factories across Russia, including sites in Bashkortostan, Moscow, Ryazan, Ivanovo, Tver and Rostov regions.
Enerflex agreed to acquire the compression business of Mesa Compression, LLC in the United States for $106 million in cash, adding a fleet of about 112,000 hp in the Permian and Scoop/Stack basins.
Baumüller received an order from Lemo Maschinenbau to design a cost-optimized, modular foil bag machine with a new automation concept, achieving over 10% higher productivity.
Dejana Truck & Utility Equipment opened a new 45,000-square-foot facility in Smithfield, Rhode Island, to expand truck upfitting capabilities and consolidate operations. The facility includes a showroom, 26 manufacturing bays, and 3 paint spray booths.
Körber AG completed the acquisition of MTC S.R.L., a developer and manufacturer of tissue converting machines based in Lucca, Italy, effective June 14, 2017, to expand its Business Area Tissue.
General Electric announced a €125 million investment to open a 10,000 m2 additive manufacturing center in the Belfort region, initially producing gas turbine components. The facility is expected to open by end of 2018 and create 80 jobs.
Hi-P International's wholly owned subsidiary Huglomerate is investing 22.8 million yuan into a joint venture with Cino Coffee Machine Mfg Co Ltd to make coffee machines and provide packaging for coffee and beverages. Huglomerate will hold a 20% stake.
Maherholding Group and ONA Electroerosion collaborated to create ADDILAN, a new company focused on the design, manufacture and marketing of high input rate additive manufacturing machines using WAAM technology. The company was presented at ADDIT3D on June 16, 2017.
RIX Industries, a Benicia, California compressor maker, announced it acquired Qdrive, a subsidiary of Chart Industries, including its assets and IP to expand RIX's cryogenics business. The announcement is dated June 16, 2017.
ElAZ (Yelabuga Automobile Plant) launched a conveyor assembly line for backhoe loaders with a capacity of 500 machines per year, investing over RUB 330 million and creating 120 jobs.
PDQ Workholding LLC was acquired by Walter, a division of Sandvik Machining Solutions, in June 2024. The acquisition aims to strengthen PDQ's ability to provide turnkey projects with access to premium cutting tools.
Hirata Kiko will construct a new plant building and office building at its headquarters in Kumamoto City, using 7 billion yen from funds raised through its listing change to the Tokyo Stock Exchange First Section. The new plant will support expansion in the semiconductor market.
Nippon Rika Industries Corporation acquired 100% of Canadian Bartech Machinery Inc. and a majority stake in Swiss Micamation AG on June 15, 2017. Both companies will operate as independent entities within the Nippon Rika Group.
Rantum Capital has acquired the industrial automation division Montratec from Schmid Group. Schmid Group will retain a minority stake in the new company. This is the first investment from Cedarlake Private Equity Fund I.
Timken has invested EUR 60 million in its second bearing plant in Ploiesti, Romania. The 15,000 sqm factory will employ 120 people and was inaugurated on June 13, 2017.
AP&T will supply a complete production line to Danfoss in Haiyan, China, for manufacturing heat exchanger plates. Delivery is expected in Q4 2017 or Q1 2018.
SNK America, a subsidiary of SNK Japan, has merged with Jobs USA to become the exclusive North American importer of Jobs Machine Tools. The partnership expands both companies' customer bases in North America.
Shanghai STEP Electric Corporation and its subsidiary Shanghai STEP Cable Technology Co., Ltd. plan to acquire 100% equity of Hangzhou Zhishan Intelligent Control Technology Co., Ltd. for 405 million yuan. Zhishan specializes in servo drives and motion control systems.
Honeywell has signed a definitive agreement to acquire Nextnine, a privately held provider of industrial cybersecurity solutions. The acquisition will enhance Honeywell's Connected Plant cybersecurity offerings.
Kirby Corporation signed a definitive agreement to acquire substantially all assets of Stewart & Stevenson for about $710 million before adjustments. Funding is half credit facility and half Kirby stock, with closing expected in the third quarter of 2017.
Ritchie Bros. completed its purchase of IronPlanet for approximately $758.5 million, financed through a senior note offering and secured term loan facility. The deal also initiates a five-year alliance with Caterpillar.
Endress+Hauser Group expanded its production facilities in the U.S. with a $9 million addition to its temperature measurement production facility in Greenwood, Indiana.