Private equity firm Ara Partners acquired Fluitron Inc., a maker of industrial gas compression and dispensing equipment based in Ivyland, Pennsylvania, with terms undisclosed.

VME, a Tyler, Texas fabrication and engineering firm, acquired Cortex Process Equipment to add field service and aftermarket support for well-site equipment.

Hanwha Cimarron has broken ground on a $130 million factory in Opelika, Alabama, producing carbon fiber-wrapped high-pressure storage tanks. The project will create 261 new jobs, with hiring expected next spring.

Trelleborg Sealing Solutions will start producing high-performance seals at Yesipovo outside Moscow in Q3 2022. Part of a group investment of just under SEK 300 million across Russia, Vietnam, Japan and Morocco over five years.

Hydraquip, Inc., part of Employee Owned Holdings, acquired substantially all assets of Flint Hydraulics, a Memphis-based distributor of hydraulic pumps, motors and parts, on October 1, 2021. Flint Hydraulics will keep serving clients under its own name.

Interpump Group closed its acquisition of the White Drive Motors & Steering business units from Danfoss, with plants in the US, Germany and Poland. The total enterprise value is 278 million euro, paid in cash.

Västra Götalandsregionen awarded Atlas Copco Compressor Aktiebolag a contract for service of compressors and ancillary equipment, valued at 2,205,800 SEK. Two bids were received.

Kobe Steel announced a change in the effective date of its capital and business alliance with Miura, under which Miura acquires Kobelco Compressors shares to form a joint venture.

PDC Machines has signed the lease on a new 148,000 square foot plant in Lower Salford, Pennsylvania to scale up production of diaphragm gas compressors for hydrogen refuelling stations, with capacity of thousands of units per year.

Atlas Copco acquired AEP, a privately owned French distributor of compressors and service provider with 8 employees based in Saint-Michel-sur-Orge near Paris. The purchase price was not disclosed.

Danfoss has completed its acquisition of Eaton's hydraulics business for $3.3 billion after receiving all regulatory approvals. The business is being combined with Danfoss Power Systems, adding about 10,000 employees and $1.8 billion in sales.

BHS Corrugated broke ground on a logistics park in Weiherhammer, Germany, with a 26,500 m² production hall and a three-storey administration building, with construction due by March 2023. The investment totals approximately €38 million.

TMC Compressors won work to supply the marine compressed air system for the Sangomar FPSO, which MODEC provides for Woodside Energy at the Sangomar field in Senegal. The system will be built in Europe and delivered to COSCO's Dalian shipyard in China.

Danfoss Power Solutions announced it is investing more than EUR 100 million in additional capital expenditure to support organic growth, including capacity increases and localization in its Hydrostatics division.

Kelvion Inc. will expand its operations at Forks of the River Valley Industrial Park in Knoxville, Tennessee, with a $3.8 million project expected to create 74 jobs. Production of heat exchangers for refrigeration and data center markets will increase.

Atlas Copco Compressors opened a new 200,000-square-foot facility in Rock Hill, South Carolina to begin US assembly of Z range oil-free air compressors and support assembly, distribution and remanufacturing.

Atlas Copco Comptec opened a 63,000-square-foot expansion in Voorheesville, New York to make large integrally geared centrifugal compressors and turboexpanders, bringing the workforce to about 340.

Desktop Metal announced the acquisition of Aidro, an Italian hydraulic and fluid power component developer that uses additive manufacturing for oil, gas, energy and aerospace parts.

MAN Energy Solutions subsidiary DWE won an order from Wanhua Chemical to deliver three salt-operated reactor systems for a new maleic anhydride plant in China, with an overall capacity of 200,000 tons per year. The plant produces PBAT for biodegradable plastics.

Burckhardt Compression was selected to supply three process gas compressor systems for a hydrogen liquefaction plant in South Korea, the largest of its kind worldwide, able to produce up to 90 tons of liquefied hydrogen per day. Production is planned to start in 2023.

Cavagna Group, with partner Nirmal Industrial Controls, acquired REPCo Srl, a Milan-based process design house that engineers and supplies process plants and equipment for power, gas, oil and petrochemical fields. The deal was announced on 7 September 2021.

Ingersoll Rand said on September 2, 2021 it will not take part in SPX Flow's exploration of strategic alternatives, including a sale or merger. SPX Flow earlier rejected Ingersoll's $3.59 billion buyout bid in July.

MAN Energy Solutions won a contract from Aker Solutions to supply five subsea HOFIM compressor units for Chevron's Jansz-Io compression project off Western Australia, which supports gas recovery at the Gorgon LNG project.

STX Heavy Industries announced on September 1, 2021 that it signed ship engine supply contracts with Daeshin Shipbuilding worth 23.2 billion won and 12.4 billion won, totaling 35.7 billion won as stated in the headline.

The Danish Defence Acquisition and Logistics Organization published a tender for service, maintenance, spare parts and possible new high-pressure breathing air compressor systems for about 80 BAUER compressors. The tender was published on 31 August 2021, with a bid deadline of 20 October 2021.

Hengli Hydraulic plans to issue new shares to as many as 35 institutional investors to raise CNY5 billion (USD773 million), with funds going to projects in Mexico, Changzhou and working capital.

Hengli Hydraulic plans a CNY1.2 billion project in Santa Catarina, Nuevo Leon, Mexico, with annual capacity for oil cylinders, special cylinders and hydraulic pumps and motors. No construction schedule was given.

Atlas Copco acquired NATEV GmbH of Borken, Germany, a maker of positioning solutions for assembly tools, to expand its industrial technique business area. Financial terms were not disclosed.

Fairbanks Morse Service, the aftermarket division of Fairbanks Morse Defense, was awarded a five-year IDIQ contract by the Military Sealift Command and US Navy for parts and maintenance repair services, announced August 31, 2021.

Aker Solutions awarded MAN Energy Solutions a contract to supply five Subsea HOFIM compressor units for Chevron's Jansz-Io Compression project offshore Western Australia, part of the Gorgon gas development.

Chapin International will increase investment in its Mount Vernon, Rockcastle County, Kentucky operation to $13.9 million and double job creation at the facility to 200 full-time positions.

Chapin International, a maker of compressed air sprayers, plans to acquire a 496,000-square-foot facility on the South Danville Bypass in Boyle County, Kentucky, investing $8.25 million and creating 100 full-time jobs.

ioneer awarded Veolia Water Technologies a major engineering design and equipment supply contract for its Rhyolite Ridge lithium-boron project in Nevada; equipment supply is conditional on a final investment decision.

MHI Compressor International will supply four compressors and two steam turbines for Koch Fertilizer's $140 million revamp of its Fort Dodge, Iowa ammonia plant, which will add 85,000 tons per year of ammonia capacity, with deliveries in Q2 2022.

Muncie Power Products bought a former industrial building at 2500 N. Priority Way in Yorktown, Indiana, and will add 100,000 sq ft and invest over $20 million to consolidate operations there.

Spanish printing equipment maker Comexi sold an Offset CI8 printing press and an ML1 MC laminator to Thai flexible packaging manufacturer Prepack Thailand.

Norway-based TMC Compressors won a contract of undisclosed value from Jiangnan Shipyard to supply marine compressed air systems for six 93,000cbm LPG carriers being built for Petredec.

Baker Hughes won a contract from Chevron to supply subsea compression manifold technology for the Jansz-Io Compression project offshore Western Australia. The contract value was not disclosed.

Waterschap Scheldestromen has opened an EU tender for a two-year framework agreement for supply and maintenance of pumps, mixers, screw conveyors, compressors and related equipment, extendable by two years. The estimated value is not published.

Inovair has added three Mazak CNC mills and three Okuma CNC lathes to its Lenexa, Kansas manufacturing campus in the past year to support on-time delivery of its blowers and compressors.

Doosan Heavy Industries and partner Kuil Construction won a 610 billion won state procurement to build LNG storage facilities with four 270,000 kiloliter tanks in Dangjin, Chungnam Province. Completion is scheduled for December 2025.

HORSCH Maschinen GmbH is investing about €17 million to build a new assembly hall and office building of roughly 11,000 square metres at its Ronneburg, Thuringia site, groundbreaking on 27 July 2021 with completion planned by spring 2022.

Shanghai Waigaoqiao Shipbuilding has awarded TMC Compressors of the Seas a contract to supply the marine compressed air system for the Liza Unity FPSO, which will operate at the Liza field offshore Guyana. The contract value was not disclosed.

Shanghai Zhenhua Heavy Industries (ZPMC) has placed an order with TMC Compressors of the Seas for a complete marine compressed air system for a pipelay vessel it is building. The contract value was not disclosed.

Cryostar is investing EUR 15 million of its own funds to build a ninth 1,600 m2 hall at Hésingue, Haut-Rhin, for assembling and testing turbines and compressors, doubling capacity for these products, with 25 hires planned and commissioning expected end of 2022.

ANDRITZ was selected by Domtar to supply equipment and technical services for converting a power boiler and a recovery boiler at Domtar's Kingsport paper mill in Tennessee into a packaging facility.

One Equity Partners agreed to merge its portfolio company Walterscheid Powertrain Group into Italian listed firm Comer Industries, with OEP keeping a significant minority stake in the combined company. Together the two companies generated EUR 792.3 million revenue in 2020.

The US Justice Department reached a settlement allowing Danfoss to buy Eaton's hydraulics business, with orbital motor and hydraulic steering assets to be sold to Interpump Group. The deal was originally announced in January 2020 at $3.3 billion and is expected to close around August 1, 2021.

TMC Compressors has been contracted to supply a complete marine compressed air system for two walk-to-work CSOVs being built by China Merchants Heavy Industry in Hong Kong for Norway's Awind AS. Delivery is scheduled for the first half of 2023; the contract value was not disclosed.

Kval Inc., a door machinery manufacturer, is partnering with Titan Development on a 52,500-square-foot build-to-suit manufacturing facility at Titan's Innovation Business Park Phase 2 in Hutto, Texas. The announcement was made on July 13, 2021.