Kunming Machine Tool signed supplementary agreements with the Panlong District government regarding land and building compensation for its factory site. The payment terms were modified to a single lump sum of approximately RMB 118 million, due by December 25, 2016.
Pelloby designed and supplied a new 10-tonne crane with a 19-meter span for injection moulder Goodfish Ltd.'s factory in Cannock, UK. The crane includes safety features such as a removable gantry section and key switch system.
DANOBATGROUP's railway division received a contract from Bombardier Transportation to supply a DANOBAT underfloor wheel lathe (DLR model) for re-profiling train wheels and brake discs.
Västerdalarnas Mekaniska Industri AB (VMI AB) in Malung, Sweden, acquired a used Mazak QT Nexus 250 MS CNC lathe from LPV Verktygsmaskiner AB. The machine replaces two older machines and adds approximately 30% capacity.
Australian food processing and packaging solution provider TNA introduced the arctic 3 vertical form fill and seal system, designed for wet and cold processing environments, following its earlier acquisition of Sabalpack.
TOMRA Systems ASA signed an agreement to acquire Compac Holding Ltd, a New Zealand-based provider of postharvest solutions. Closing is expected in Q1 2017, subject to regulatory approval.
Bratney Companies constructed a new 12,000-square-foot fabrication facility on a six-acre plot in the Marshalltown Gateway Centre, as part of its expansion into a manufacturing division.
Quenneville Inc. acquired a new KNC-U1050 machining center from Kiheung to increase production capacity for supplying parts to the new Champlain Bridge project in Quebec.
Chandler Industries' new plant in Chihuahua, which began production in 2014 with 14 employees, is growing and expects to double its staff. The plant focuses on machining for industrial and aerospace markets.
Hoffmann Maschinen- und Apparatebau GmbH is building a new production hall at its existing site in Lengede-Broistedt to expand capacity for refrigeration and electrical engineering, as well as central plant construction.
NIBE Industrier AB acquired the operations of Hotwatt, Inc., a Massachusetts-based manufacturer of electric heating solutions for HVAC, medical device, and industrial markets. Hotwatt has 115 employees and sales of $9 million.
Calumet Specialty Products Partners completed a capital improvement project expanding its blending and packaging facility in Shreveport, Louisiana, and partnered with BP Lubricants USA to blend Castrol Motor Oil.
Starrag USA received a contract from the U.S. Defense Logistics Agency to supply three Droop+Rein FOGS machining centers to the U.S. Navy by 2020. The contract includes two FOGS 85 and one FOGS 75 models.
ŽOS Trnava started operating a new production hall worth nearly €7 million and two service warehouses in December 2016. The new capacities aim to increase the company's potential on the European market.
Cotterman Company held the grand opening for a new 28,000 square foot multi-million dollar expansion in Croswell, Michigan. The facility houses a new automated metal punching press from Pivatic of Finland and will bring back jobs from other plants.
Chinese construction and port equipment manufacturer Sanny is planning an initial investment of over $30 million to set up a production facility for port operational equipment in Nigeria. The company is seeking a local partner and government support.
Uryupinsk Crane Plant has begun a modernization program including the creation of a foundry shop and replacement of machine tools, with an estimated investment of 50 million rubles.
EQT VI has entered into a definitive agreement to sell Automic Holding GmbH to CA Technologies Inc. in a transaction valuing Automic at EUR 600 million.
Hiwin Technologies and Siemens AG signed a memorandum of understanding to cooperate on integrating machine tools with smart controllers, aiming to enhance the value chain of Taichung's machine tool industry. Hiwin's subsidiary Luren Precision has developed a five-axis bevel gears machine combined with Siemens' controllers.
Amcor Rigid Plastics purchased a Sacmi CBF20 20-cavity compression blow forming machine for making HDPE pharmaceutical bottles at its Youngsville, North Carolina plant, announced in late 2016.
BillerudKorsnäs decided to build a new paperboard machine with 550,000 tonnes annual capacity at its Gruvön production site, with production expected to start in Q1 2019.
Parker-Hannifin agreed to acquire CLARCOR, a Franklin, Tennessee filtration manufacturer, for $83.00 per share in cash. The deal values CLARCOR at about $4.3 billion including net debt.
Oerlikon acquired German company citim GmbH, a leader in additive manufacturing design and production of metal components. The acquisition expands Oerlikon's AM technology and service portfolio.
XCMG won an order for 10 large-tonnage excavators from a customer in DR Congo. The first batch of 5 XE370C units arrived at port and were delivered by end of September 2016.
Mitsubishi Heavy Industries received an order to supply systems for a new polyethylene production train at ExxonMobil's Beaumont plant, with 650,000 tons per year capacity, to be completed in 2019.
The Australian Department of Defence awarded a contract to Hare & Forbes Machinery House for the supply of a press brake power operated, valued at $33,858.
Lavern Heideman & Sons is expanding its sawmill in Eganville, Ontario, with a $16.9 million project to modernize infrastructure, purchase new equipment, and consolidate operations, creating 18 new jobs.
Brokk, a manufacturer of remote controlled demolition machines, has partly acquired Swedish hydrodemolition machine manufacturer Aquajet Systems. The acquisition strengthens Brokk's position in concrete demolition and renovation.
Shuttlewagon, a manufacturer of mobile railcar movers, will expand into an 81,997-square-foot space at Three Trails Industrial Park in Grandview, Missouri, employing about 60 people.
Dormac sold a 5-axis Litz LU-800 machining center to Van der Waal Machinery during its Open House event. The machine will enable Van der Waal to perform complex machining operations for offshore, container, sheet piling, and motorsport industries.
Dresser-Rand, part of Siemens, received orders to supply five gas turbine-driven compressor trains to Mexican developer Fermaca for pipeline stations in La Laguna, Coahuila and Villa de Reyes, San Luis Potosi.
Indonesian paper subsidiary PT Fajarsurya signed a contract with BHS Corrugated of Germany for 10 corrugators, targeting 60,000 tons of output per month, with the contract signed on 28 September 2016.
MRO and automotive distributor Lawson Products acquired Mattic Industries, a leading distributor of industrial components in Western Canada.
Palfinger Produktionstechnik Bulgaria received a Class A investment certificate for a project to expand and modernize its plant in Cherven Bryag, Bulgaria, investing 10.463 million BGN and creating 126 new jobs. The expansion will enable production of complete systems and products for truck cranes.
Clemex Technologies entered into a merger agreement with a purchaser owned by principal shareholders (including RAL Diagnostics, Zwick Roell AG, and CEO Yves Bassat) to acquire all outstanding shares for $0.20 per share, totaling about $3.8 million.
MAS GmbH, a precision tools and machining technology specialist, laid the foundation stone for a new €7 million production hall and training/administration center in Leonberg, Germany. The facility is expected to be completed by end of 2017.
Germany's Oechsler invested EUR 2.5 million to expand its factory in Romania.
Fan and motor manufacturer Ziehl-Abegg broke ground on a €28 million expansion of its Kupferzell production plant. The new facility will house EC technology production transferred from Künzelsau, along with 140 jobs, by the end of 2017.
Synerlink S.A., a global filling machine manufacturer and part of Barry-Wehmiller, acquired Sogameca, a cutting tool precision company. The transaction closed on 24 November 2016.
InssTek signed a $2.3 million contract to supply a metal 3D printer to RUDN University in Russia and a $1.2 million deal to export its MX-450 printer to Friedrich-Alexander University in Germany.
Hiwin Technologies and Siemens signed a memorandum of understanding to develop smart machinery, integrating machine tools and controllers for the Taichung machine tool industry.
Ariens Co. agreed to sell its aftermarket parts business, including the Stens and JThomas Parts brands, to Arrowhead Engineered Products Inc. The sale is expected to close by end of 2016.
Torre Industries sold its 55% stake in Kanu Equipment to the African Agriculture Fund (AAF) in a deal valued at $26.7 million. The transaction eliminates Torre's external debt and provides a significant net cash position. Kanu supplies earthmoving, forestry, agricultural and construction equipment across Africa.
TGP Investments II, LLC has acquired Omnidrive Holdings, LLC (DSI Dynamatic), a supplier of Eddy Current variable speed drives, brakes, and controls. Gary Cavey was named CEO concurrent with the acquisition.
Protomet Corporation purchased 19.47 acres in Oak Ridge, Tennessee, and is evaluating a $30 million expansion that could add 200 jobs over five years, with a new 100,000-square-foot facility.
DMG Mori announced it will sell Tobler SAS (workholding solutions) and Gildemeister Energy Solutions (solar and energy storage) as part of a reorganisation.
DMG Mori announced the closure of its Chiba (Japan), Shanghai (China), and Le Locle (Switzerland) factories as part of a global capacity reorganisation.
Agrostroj Pelhřimov, Central Europe's largest subcontractor, began investing in Valk Welding welding robot systems, with the first of twelve systems delivered.
Valk Welding delivered two robot configurations to Picanol in Ieper, Belgium, for automating welding and gluing processes of weaving machine components.
Weihua Group and Siemens (China) signed a strategic partnership agreement on November 22, 2016, to create an innovation platform for intelligent lifting control systems, focusing on full-automatic port and railway freight centers.