PI (Physik Instrumente) acquired 80% of ACS Motion Control, an Israeli developer and manufacturer of high-end motion controllers and drives. The acquisition strengthens PI's position in industrial applications with customized complete systems.
Yaskawa Electric announced its subsidiary Yaskawa Electric (Shenyang) will build a third factory in Shenyang, China, to increase production capacity for servo motors and servo amplifiers. The factory is scheduled to begin operation in spring 2018.
Honeywell and Dover Energy Automation announced a collaboration to help industrial energy customers improve operations via Industrial Internet of Things (IIoT) solutions. The partnership combines Honeywell's data consolidation and cyber security with Dover's equipment condition monitoring expertise.
Voith Paper won an order from BillerudKorsnäs to supply a new XcelLine board machine for the Gruvön mill in Sweden. The machine will produce 550,000 tonnes per year of liquid packaging board, packaging board, food service board and liner, with a wire width of 8.8 meters and operating speed of 1,200 m/min. Total investment by BillerudKorsnäs is SEK 5.7 billion.
600 Group Plc acquired the entire manual machine tools business of Kondia, formerly Spain's largest milling machine manufacturer, for EUR 50,000. The acquisition includes the Kondia name, all IP, and spare parts inventory.
CPM, a subsidiary of Juteng International, entered into three equipment purchase agreements with Yamazen Co., Ltd. on January 16-17, 2017, for compact machining centers and related parts, totaling JPY 385 million.
Chelyabinsk Compressor Plant has moved production from the Traktorozavodsky district to a newly built facility in Krasnoarmeysky district, with over 1.2 billion rubles invested in modernization. Production at the new site started in January 2017.
AUMUND Fördertechnik GmbH won an order to supply clinker conveying equipment for two new clinker production lines at Yamama Saudi Cement Company's new site southwest of Riyadh, Saudi Arabia. The supply includes 29 chain bucket elevators, 18 belt bucket elevators, pan conveyors, and other equipment.
SKF invested SEK 70 million to develop roller production capacity at its Dalian factory in China. The investment aims to enhance global production capacity and improve customer response in the Chinese market.
Atlas Copco named Mats Rahmstrom, head of its Industrial Technique business, as president and CEO effective April 17, succeeding Ronnie Leten, who steps down after eight years.
Atlas Copco intends to split into two listed companies, one focused on industrial customers and the other on mining and civil engineering customers, with the mining group to be spun off to shareholders.
Probat Inc., a subsidiary of Probat Group, acquired ED Industrial Ltd. and ED Industrial USA Inc., effective January 13, 2017, to expand plant installation and equipment repair services for coffee customers in North America.
NFT announced plans to move its corporate headquarters and Colorado manufacturing operations to a new 54,000-square-foot facility in Golden, Colorado, more than doubling its current space. The move is expected to be complete by late March 2017.
Wuhan Heavy Machine Tool Group won a bid to supply a five-axis vertical milling and turning machining center for China Shipbuilding Industry Corporation's Wuhan Marine Machinery Plant, for manufacturing ship gas turbine casings.
Uhlmann Pac-Systeme & Co has acquired a controlling interest in Cremer Speciaalmachines, a Lisse-based maker of pharmaceutical product counting machines with about 140 employees, effective 1 January 2017.
Mitsubishi Heavy Industries Plastic Technology merged its injection-moulding machine business with Ube Machinery Corporation, forming U&M Plastic Solutions. The former changed its name to U-MHI Platech.
Rivulis Irrigation of Israel and Eurodrip S.A. of Greece announced a definitive all-share merger agreement, creating a global leader in micro irrigation. The merged company will be headquartered in Gvat, Israel, and named Rivulis Irrigation.
Contractor Lyndon Thomas took delivery of eight Doosan DA30-5 articulated dump trucks, the largest single UK order for Doosan trucks, along with a Doosan DX300LC-5 excavator.
XCMG, a Chinese construction machinery company, will invest $150 million in a new manufacturing unit in India for construction and material-handling machines, partnering with Schwing Stetter India. The factory is expected to be operational by end of 2017.
Ube Machinery Corporation and Mitsubishi Heavy Industries Plastic Technology Co., Ltd. have agreed to merge their injection molding businesses through a share transfer, forming U-MHI Platech Co., Ltd.
Orange1 Holding has acquired the remaining shares of Mado Srl, a precision turned parts manufacturer in Chignolo d'Isola, Italy, having previously held a minority stake since 2014.
Thailand's Provincial Electricity Authority ordered eight Grove GMK2035E all-terrain cranes from distributor VDS Machinery for erecting power poles and installing transformers.
Siempelkamp received orders to supply two new MDF/HDF plants: one for Yekalon-Jiufngyuan Panels in China and one for Vanachai Group in Thailand. Each plant will have an annual capacity of 250,000 cubic meters.
ANDRITZ Nonwoven received an order from Hangzhou Pengtu, China, to supply a new spunlace line with an annual capacity of 20,000 tons. Start-up is scheduled for Q3 2017.
Cahill Services, LLC acquired the intellectual property and worldwide distribution rights of JetHeat LLC, a specialty flameless heating product company. Terms were not disclosed.
Chelyabinsk Tractor Plant (ChTZ) landed a contract to deliver its PK 55 loader to Peru, signed with Vostok-Sur Export-Import, its official supplier in Latin America.
AUMUND Fordertechnik GmbH won an order to supply clinker conveying equipment for six 6000 tpd clinker production lines being built by Sinoma CDI for the Egyptian government in Beni Suef, Egypt. The order includes 108 machines to be delivered between April and June 2017.
hGears Group announced a strategic reorientation at Herzog GmbH, reducing the motorcycle segment and cutting jobs from 500 to 350 by mid-2018. Over EUR 10 million will be invested in machinery at the Schramberg site over 36 months.
S.P.B. Panel Industries Co. Ltd. awarded Dieffenbacher a contract for a new THDF/MDF plant at its site in Surat Thani, Thailand. The plant will feature a 28-meter CPS+ press with a capacity of 800 cubic meters per day.
FLSmidth obtained an order from OHL Industrial to supply equipment for a complete cement production line with a capacity of 3,150 tonnes per day for EcoCementos in Rio Claro, Antioquia, Colombia. The order is valued at more than $60 million and will be fully executed by Q1 2018.
Boyce Technologies is building a 100,000 sq ft manufacturing facility in Long Island City, Queens, New York, to consolidate operations. The facility is expected to open early 2017.
China North Industries Group's Wuhan Heavy Machine Tool won a bid to supply a five-axis vertical milling and turning machining center to CSSC Wuchang Shipbuilding for manufacturing ship gas turbine casings. The machine will enable high-precision machining of casings in a single setup.
Hand tools manufacturer Gray Tools Canada acquired and commissioned a new vertical machining centre to strengthen its ability to produce tools domestically. The investment supports manufacturing of large combination, striking face, and strike-free wrenches.
Bridgestone Americas announced an additional $180 million investment in its Wilson, North Carolina passenger tire plant, bringing total investment to $344 million. The expansion includes a new rubber mixer, 16 jobs, and will increase daily capacity by 3,000 tires to 35,000 by 2018.
Ceratizit Group has acquired German tool manufacturer Becker Diamantwerkzeuge, which produces wear-resistant diamond and boron nitride tools for automotive, mechanical engineering, medical technology, and aerospace industries.
Alstom was awarded a contract by Ferromex to provide preventive, predictive and corrective maintenance for 219 freight locomotives over five years. The work will be performed at depots in Torreon, Chihuahua and Guadalajara, Mexico, and is expected to create 150 direct jobs.
Alstom has secured a five-year contract worth approximately $84 million with Ferromex for preventive, predictive and corrective maintenance of 219 locomotives, creating 150 direct jobs in Torreón, Chihuahua and Guadalajara.
The CSSC Wärtsilä Engine joint venture formally opened a 20,000 m2 production plant in Lingang, Shanghai, producing large-bore and medium-bore marine diesel and dual-fuel engines with planned capacity of 180 engines per year.
Filtration Group, a Madison Industries subsidiary, took over the Industrial Filtration division of Mahle, following Mahle's announcement the previous autumn that it wanted to withdraw from the business.
Heil Environmental Industries, a subsidiary of Dover Corporation, acquired Bayne Machine Works, a manufacturer of hydraulic lift systems for the waste industry based in Greenville, South Carolina. Financial terms were not disclosed.
CCI Thermal Technologies Inc. acquired the railroad track and switch heating and snow removal business of Hovey Industries Inc., including the HellFire and Inferno product lines.
Hubei Xinnuo Lude Engineering Machinery Co., Ltd. broke ground on a 500-mu (33.3-hectare) construction machinery manufacturing plant in Xisaishan Industrial Park, Huangshi, Hubei. The project involves a total investment of 1 billion yuan and is expected to create 2,000 jobs.
The U.S. Army placed a $142 million order with JCB for 1,600 light-capability rough terrain forklifts (model 527-58M), to be produced at JCB's Savannah, Georgia facility.
HYT Engineering has won a turnkey contract to supply nine CNC underfloor wheel lathes to Indian Railways, including construction of foundations and buildings, with a two-year warranty and five years of maintenance.
McCoy Global acquired the assets of 3PS Inc., a subsidiary of Pason Systems, for US $6.1 million. 3PS specializes in sensors and systems for heavy industry, including Torque and Tension Sub technology.
KOBELCO Construction Machinery U.S.A. and KOBELCO Cranes North America announced plans to merge under KOBELCO Construction Machinery U.S.A., effective January 1, 2017. The combined organization will have headquarters in Katy, Texas.
Besser Company acquired all of American Manufacturing Group's product lines, including adjustable box culvert form equipment. Besser also gained an exclusive arrangement with Southern Cast Products to manufacture rubber gasket box culvert joint rings.
Ryder began deliveries of over 120 new vehicles to Safetykleen under a new contract that includes purchasing 127 assets from Safetykleen's incumbent lease providers and leasing them back, plus fleet management and maintenance.
Lumenier is building a new 24,000 square foot facility in Sarasota, Florida for drone design, manufacturing, and fulfillment, five times larger than its previous building.
Rockland Manufacturing, a producer of heavy construction equipment attachments, acquired the 221,000 sq. ft. former Cannondale building in Bedford Township, Pennsylvania, to expand its manufacturing and storage space.