CVTCORP and JMFT are building a new 300,000 sq. ft. factory in Sihwa Multi Techno Valley, South Korea, with a total investment of over $20 million. The facility will manufacture CVT transmissions and components, opening in Q1 2018.

Lindbäcks signed an agreement with Randek AB to deliver two new production lines for floor joists and interior ceilings at its new facility in Haraholmen, Sweden, with a SEK 23 million investment.

Lontra has licensed its Blade Compressor technology to Sulzer for production within the municipal and regulated wastewater sector. Aeration equipment using the technology will be sold across 150 countries under a multi-million pound deal.

Chelyabinsk Compressor Enterprise has begun work on a new purpose-built production site on 17 hectares in the Krasnoarmeysky municipal district, moving all plant and office operations there. Total investment is 1.2 billion rubles.

DMG MORI acquired a 50.1% majority share in German additive manufacturing company REALIZER to expand its capabilities in selective laser melting technology.

Whitworth Tool Inc plans to invest $3.58 million in its headquarters in Hardinsburg, Kentucky, including building modifications and new machinery, creating 50 full-time jobs.

Krones, Inc. has purchased Process and Data Automation, which will operate as Process and Data Automation, LLC, a member of the Krones Group, effective February 14, 2017.

Munters Group acquired MTech Systems, a software company for poultry and swine production, to strengthen its climate control solutions for the food production industry.

Kirschner Maschinen- und Metallbau GmbH invested approximately 2.5 million euros in a new production hall with 2,000 m² of space and 300 m² of new office space in Euerwang, Germany. The investment was made over the past two years.

An India-based aerospace supplier purchased a Triform tray-style fluid cell sheet hydroforming press and an extrusion stretch forming machine from Beckwood to fulfill newly awarded contracts for Boeing and Airbus.

Tamrotor Marine Compressors (TMC) was contracted by Golar LNG to manufacture and deliver seven 365 kW air compressors for the FLNG Hilli vessel, which will operate offshore Cameroon. The contract value was not disclosed and the announcement was made on February 14, 2017.

DAVA Agravis Machinery Holding, part of Danish Agro group, acquired 45% of the share capital in Konekesko Lietuva from Finnish company Konekesko, along with minority interests in Konekesko subsidiaries in Latvia and Estonia, for a total disclosed value of approximately EUR 21 million.

Schuler Group sold its technology center in Tianjin, China, to Swiss company Feintool. Feintool will produce precision automotive components using Schuler presses. The purchase agreement is expected to close at the end of March 2017.

JCB Power Systems invested £10 million in its Derbyshire engine plant to install new CNC machining centers and automated processes for in-house production of cylinder heads, engine blocks, and bedplates. Production is expected to start in early 2017, boosting capacity to 45,000 engine sets per year.

Shandong Iraeta Heavy Industry Co., Ltd. placed an order with SMS group for a radial-axial ring rolling machine capable of producing seamless rings up to 16 meters in diameter, to be installed at its works in Zhangqiu, Shandong Province, China.

Multi Packaging Solutions has ordered an 18-unit Heidelberg Speedmaster XL106, the largest sheetfed press Heidelberg has ever built, for its East Kilbride plant in Scotland. The press will be installed in March and aims to be in full production by mid-2017.

Dongil Rubber Belt Co., Ltd. renewed a rubber track supply contract with Caterpillar valued at 62.55 billion KRW. The contract covers the Americas region, runs from August 1, 2017 to July 31, 2020, and was signed on February 10, 2017.

Toyo Electric Manufacturing Co., Ltd. announced on February 10, 2017, that it will construct a new factory in the Shiga Ryuo Industrial Park, integrating development, design, and manufacturing functions. The project costs 7 billion yen, with construction starting March 1, 2017, completion scheduled for late January 2018, and operations beginning gradually from March 2018, with full operation planned for June 2018.

Toyo Denki Seizo announced it will build a new factory in Ryuo-cho, Shiga Prefecture, Japan, with an investment of about ¥7 billion to produce motors and inverters for automotive testing systems and power generation equipment.

PHN signed a letter of intent with FOB to relocate its woodworking machinery factory from Bydgoszcz city center to a new BTS factory on PHN's land in Niwy, Poland.

Cooke Optics will open a second 700 sq m factory on the Troon Industrial Estate in Leicester, UK, to build the new Panchro/i Classic range and develop new lens ranges. The factory is due to open in June 2017, increasing output by 25% and creating 12 jobs.

Sandvik Coromant has installed an advanced automated Okuma Multus U3000 mill-turn machine with robot loading at its Gimo, Sweden factory to support on-demand flexible manufacturing of boring bars.

John Deere Power Systems and Liebherr Machines Bulle SA entered into an agreement to jointly evaluate engine technologies, designs, and development processes for future power needs.

Everest Sciences Corporation received an order for and has shipped and achieved successful operations of its CleanChill cooling system at Cherokee Nitrogen's plant in Cherokee, Alabama. This is the second order from LSB Industries' Cherokee plant.

Allied Machine & Engineering (AME), a manufacturer of holemaking and finishing tooling systems, has purchased Superion Inc., a maker of specialty solid carbide and PCD-tipped rotary cutting tools.

P Horn expanded its Tuebingen, Germany production site by moving into two new buildings for production and administration, doubling manufacturing capacity. The investment amounted to more than €70 million.

Knapheide Manufacturing Co. announced it will construct a new 188,000-square-foot facility south of Quincy, Illinois, creating 250 new jobs in manufacturing, installation and support roles.

Protomet Corporation announced plans to expand its operations with an additional 100,000 square-foot facility and 200 new jobs over the next five years. The company also invested over $4 million in new equipment in the past 12 months.

Electrolux acquired Anova Culinary, a sous vide cooking appliance company, for $250 million. Anova will keep its branding and remain under current CEO Stephen Svajian as a division within Electrolux.

Oerlikon Metco plans to spend $62 million to open a facility in Huntersville, North Carolina, creating 93 high-paying jobs over five years. The plant will specialize in end-to-end advanced component manufacturing and R&D, and will be the company's first such facility in the U.S.

The Office of Government Procurement in Ireland published a request for tender (FCT034C) for the supply and delivery of disposable polypropylene and aluminium meal containers, sealing films, tray sealing machines and polystyrene food boxes, with contract start 10 March 2017 and no value specified.

Dynacon Industrial Limited, a wholly-owned subsidiary of Estun Automation, acquired Trio Motion Technology Ltd. for £15.5 million in cash, expanding Estun's motion control capabilities.

Prinoth, a South Tyrol-based group, has fully acquired AHWI Maschinenbau GmbH, a forestry machinery manufacturer in Herdwangen-Schönach, Germany. The acquisition was completed at the end of 2016, and AHWI will become Prinoth's global competence center for vegetation management.

Andritz MeWa received an order from Papier- und Kartonfabrik Varel to supply a processing line for pulper rags at its mill in Varel, Germany.

FAUN Trackway secured a multi-million pound contract with the Swiss Armed Forces for heavy ground mobility systems. Delivery will begin in April 2017, with manufacturing at the company's head office in Llangefni, Anglesey.

Sparrows Group retained its North Sea Mechanical Handling and Crane Management contract with BP, extending their partnership to over 50 years. The contract covers operation and maintenance of 21 pedestal cranes across eight assets, including the Clair Ridge platform and Glen Lyon FPSO.

Cooper Equipment Rentals purchased 4-Way Equipment Rentals in Edmonton from Canadian Equipment Rental Corporation (CERC) for $8.5 million. The acquisition marks Cooper's first entry into western Canada. The transaction is expected to close on February 9, 2017.

John Deere completed a major expansion at its Horicon Works factory in Horicon, Wisconsin, adding a new 388,000 ft² facility for manufacturing Gator utility vehicles, creating about 80 new jobs.

Kubota Manufacturing of America (KMA) is adding a new factory at its Georgia facility, which produces small tractors, riding mowers and utility vehicles, driven by strong US sales.

Makino Inc. acquired Global EDM Supplies, a supplier of EDM parts and supplies, integrating it into Makino's SST consumables business. The integration is expected to be completed within the first quarter of 2017.

Hexagon AB announced an agreement to acquire MSC Software, a leading provider of CAE simulation software, for an enterprise value of $834 million. MSC had proforma sales of $230 million in 2016 and will operate as an independent business unit within Hexagon's Manufacturing Intelligence division.

JCB launched a new line of powered access machines, including nine electric scissor-lift models, entering the powered access market for the first time. The JCB Access business plans to offer 27 platforms by end of 2017.

JCB Power Systems is investing £10 million in its Derbyshire engine plant to install new CNC machining centers and automated processes for in-house production of cylinder heads and blocks, boosting production capacity.

Nidec Corp. has completed the acquisition of Emerson Electric's motors, drives, and generator businesses, including Leroy-Somer and Control Techniques, for $1.2 billion. The deal brings 9,700 Emerson employees into Nidec.

Lakeland Equipment and Z&M Ag and Turf have partnered with Argonne Capital Group to merge into LandPro Equipment LLC, creating the Northeast's largest John Deere turf and ag equipment dealer with 12 locations.

KMG, a specialty chemicals provider, agreed to acquire privately-owned Sealweld, a supplier of industrial valve maintenance products and services, for US$17.4 million in cash, effective February 1, 2017.

Kässbohrer Geländefahrzeug AG has acquired Cherrington Beach Cleaners, a U.S. manufacturer of beach cleaning equipment. The acquisition strengthens Kässbohrer's BeachTech division and expands its product range.

Parcom Capital acquired a majority stake in MGG Group, a Dutch manufacturer of advanced aluminium sand-castings and sub-assemblies. MGG Group generates annual revenues of approximately €100 million.

Redlands Machinery opened a factory in Coimbatore in February 2017, as part of its 'Make in India' plans.

Fleder Investments Hong Kong Ltd. acquired Flexider Automotive and Tuyaux Flexibles Rudolph, subsidiaries of Industrial Manufacturing Company International, in February 2017.