Norske Skog commissioned Voith to convert the PM 1 paper machine at its Golbey mill in France to produce recycled packaging paper, with a BlueLine stock preparation system and an XcelLine machine; output will be 550,000 tons per year and commissioning is scheduled for Q4 2023.
Baker Hughes will supply six LM6000PF+ gas turbines, 14 centrifugal compressors and a gas turbine generator for Bechtel's expansion of Woodside's Pluto LNG facility in Western Australia. The train is expected to have a capacity of about 5 mtpa.
DexKo Global signed a definitive agreement to acquire Fluid-Press Group, a family-owned maker of hydraulic brake components, to join its Hydraulics business alongside Safim Brakes. Financial terms were not disclosed.
Tillotson acquired all assets of PVL Probosch-Vogt-Loos Electronic and Elektrotechnik, a German maker of small engine ignition systems, which will continue operating in Cadolzburg through a new subsidiary.
Aker Solutions confirmed a major contract from Chevron to supply an all-electric subsea gas compression system for the Jansz-Io field offshore Western Australia, booked as about NOK 7 billion order intake in Q2 2021.
Chevron contracted Aker Solutions for an all-electric subsea gas compression system for the Jansz-Io field offshore Western Australia, worth NOK 7 billion ($808 million), with delivery expected in 2025.
Valmet and Neles signed a combination agreement and merger plan under which Neles will merge into Valmet, creating a company with illustrative 2020 net sales of about EUR 4.3 billion and around 17,000 staff. The combination targets roughly EUR 25 million in annual run-rate synergies.
Italian packaging machinery makers OCME and Robopac, both family-led, have signed an agreement to pursue joint growth and internationalization, with OCME to be led by Carlotta Gatteschi, Valentina Aureli and Enrico Aureli. The article does not state the deal terms or value.
Shimadzu's Chinese subsidiary Tianjin Shimadzu Hydraulic has built a new factory in the Xiqing Economic-Technological Development Area of Tianjin to make hydraulic gear pumps and control valves for forklifts. The $20 million plant has capacity of 500,000 pumps and 200,000 valves a year, with full operation planned for October 2021.
Global Compression Services opened a new 5,000 sq ft machine shop in Washington, Pennsylvania, in the Marcellus Shale region to repair and machine natural gas compressor parts. It is part of the company's planned expansion into the Marcellus and Utica market.
Howden has acquired Maintenance Partners NV, a Belgian provider of maintenance, repair and overhaul services for industrial compressors, blowers and steam turbines. The transaction closed on April 30, 2021.
Chicago-based Milton Industries, a pneumatic and hydraulic accessory maker, announced it is acquiring National-Spencer and the Zee Line brand of lube and fluid management products. National-Spencer has facilities in Wichita, Kansas, Spencer, Iowa, and Stockton, California.
Marotta Controls, a New Jersey aerospace and defense supplier, announced it has integrated additive manufacturing into its services and validated it with a patented selective laser sintering method for a manifold valve.
Zhongmi Holding said it plans to buy production equipment for its Riji Seal and Huayang Seal units to expand capacity, with about 15 million yuan of new investment. The added capacity is expected to generate 100-200 million yuan in annual output value.
Kobe Steel and Miura Co. concluded final agreements under which Miura invests in Kobe Steel's subsidiary Kobelco Compressors and Kobe Steel invests in Miura, forming a capital and business alliance in standard air compressors.
Supreme Integrated Technology (SIT) of Harahan, Louisiana, has acquired the assets of C.S. Controls, a Houma, Louisiana manufacturer of marine systems such as steering gears, cranes and winches. C.S. Controls joins Employee Owned Holdings.
SAMSON USA, headquartered in Baytown, Texas, has completed installation of a Flexible Manufacturing System with 2 horizontal machining centers and a 24-pallet robotic loading system built by MCM of Italy, increasing its manufacturing capacity.
MARCO has been selected to supply and install the hydraulic system, deck machinery and fishing equipment for a new 80-metre tuna vessel for Grupomar, to be built at Astilleros Armón Gijón in Spain. The vessel can store 1,200 tonnes of fish.
Helios Technologies signed a definitive agreement to acquire NEM S.r.l., a hydraulic solutions maker in Emilia Romagna, northern Italy, serving material handling, construction and agricultural markets. Terms were not disclosed and closing is expected in Q3 2021.
IDEX Corporation completed its acquisition of Airtech Group, Inc. and US Valve Corporation from EagleTree Capital, adding vacuum pumps, blowers, compressors and valves to its Health & Science Technology segment.
Valmet will supply Klabin in Brazil a paperboard machine (PM 28), a new fiberline with Continuous Cooking G3 and a BCTMP line as part of Klabin's PUMA II investment, with start-ups scheduled for 2Q 2023. Values were not disclosed.
Valmet received orders from Klabin for a paperboard machine PM 28, a new fiberline with Continuous Cooking G3 and a BCTMP line, for start-up in Q2 2023 as part of Klabin's PUMA II investment phase. Values were not disclosed.
Prinz is building a three-storey production hall of 1,200 square metres at its Albrechtsberg site in Loosdorf, housing machine construction, a coating system and offices. The company calls it its largest investment in its history.
Danfoss A/S agreed to sell its White Drive Motors & Steering business to Interpump Group based on an enterprise value of EUR 230 million plus a variable part estimated at EUR 40 million. The sale is a step toward Danfoss's acquisition of Eaton's hydraulics business.
In June 2021 Ardagh partnered with France-based beverage group Ogeu to invest in a beverage can filling line, which Ogeu will use to add new can formats to its drinks range.
Howden acquired Fancraft (Pty) Ltd in June 2021, a South African firm with over 30 years of service for maintenance, repair and installation of air and gas rotating equipment, adding to its Howden Africa Compressors and Turbines division.
Atlas Copco agreed to acquire Arpuma, a specialized vacuum systems and solutions provider with 14 employees based in Kerpen near Cologne, Germany, serving the chemical and pharmaceutical industry. The purchase price was not disclosed. The deal was expected to close in late Q2 2021.
California-based Stewart Tool Company will invest $9.1 million to establish its first East Coast manufacturing operation in Fluvanna County, Virginia, renovating a former Kloeckner Metals facility and creating 22 jobs.
Carlisle Companies and several subsidiaries signed an equity and asset purchase agreement with BRWS Parent LLC, dated 24 May 2021. Deal value and details are not shown in the excerpt.
Hydro-Gear, a power equipment drive systems manufacturer, is locating a new operation in Huntingdon, Tennessee, expected to create 375 new jobs.
KERUI Petroleum & Gas shipped a customized high-power natural gas reciprocating compressor unit to a customer in Pakistan, its third delivery to that customer after earlier units. The announcement is dated 18 May 2021.
ANDRITZ received an order from Pratrivero s.p.a. to supply a new eXcelle batt forming line for its Valdilana, Italy production facilities, with installation and start-up scheduled for Q3 2021.
Kobe Steel concluded an absorption-type company split agreement transferring its standard compressor business to its wholly owned subsidiary Kobelco Compressors, with effect planned for July 1, 2021. A planned capital and business alliance with Miura, creating a joint venture, is still being finalized.
MHI Compressor International will supply four compressors and two steam turbines for a revamp and expansion of Koch Fertilizer's ammonia plant in Fort Dodge, Iowa, increasing ammonia capacity by 85,000 tons per year.
Brazil's antitrust authority CADE approved Danfoss's acquisition of Eaton's hydraulic solutions business, conditional on a remedies agreement addressing competition concerns in piston pumps and hydraulic steering units.
EagleBurgmann do Brasil, a Freudenberg Group subsidiary, is moving its headquarters and plant from Campinas to a new factory in Valinhos, São Paulo, with about R$20 million of investment. Completion is expected in November 2021.
Thimm, a packaging and display manufacturer, invested around ten million euros to expand its Všetaty plant in the Czech Republic with a new 134-metre MF-A corrugator from BHS Corrugated. The installation raised corrugated cardboard capacity at the site by up to 30%.
SemiTorr, backed by Transom Capital Group, acquired McKenna Engineering & Equipment Co, a distributor and installer of process equipment for air, gas, liquids and dry bulk solids serving California and Nevada. No financial terms were disclosed.
Atlas Copco acquired the operating assets of MidState Air Compressor, a distributor and service provider based in Berlin, Connecticut, covering Connecticut, Rhode Island and Massachusetts. The purchase price was not disclosed.
Optinova inaugurated its Optinova Valley Forge plant in Plymouth Meeting, Pennsylvania, a 95,000 sq ft facility for specialty industrial tubing with 11 extrusion lines running at opening and capacity for over 20.
Werner Pumps has installed and commissioned new Haas CNC machine tools at its Springs headquarters in South Africa, a R3 million investment that cut production time on some components by 50% or more.
Flottweg inaugurated Plant 2 in Vilsbiburg, Germany, a roughly $66 million investment that doubles the company's separation-technology production capacity.
Meyer Werft selected TMC Compressors to supply the marine compressed air system for a newbuild AIDA Cruises LNG-powered cruise vessel being built in Papenburg, Germany. The contract value was not disclosed.
Northwest Pump bought the assets of D.R. Smith Co. (Air Compressor Service) in Everett, WA, effective May 1, 2021, adding seven staff and an 18th branch.
SPX FLOW signed a definitive agreement to acquire mixing equipment maker Philadelphia Mixing Solutions from Thunder Basin Corporation in an all-cash deal valued at $65 million, expected to close in Q2 2021. The target is based in Palmyra, Pennsylvania.
Norrhydro Oy will build a roughly €15 million factory in Rovaniemi's new industry area, doubling production capacity over time and creating over 100 jobs; construction starts May 2021 with relocation in 2022.
Oerlikon has signed an agreement to acquire Italy-headquartered INglass S.p.A. and its HRSflow hot runner systems business, expanding its polymer processing solutions; completion is expected in Q2 2021.
FISCHER Spindle Group agreed a global cooperation between its FISCHER Fuel Cell Compressor AG unit and Weichai Power to pursue global technology leadership in turbo compressors for fuel cells. The deal was advised by Oaklins.
Brazilian compressor maker Schulz plans to invest over R$150 million this year to expand product range and production capacity at its Joinville units, Schulz Automotiva and Schulz Compressores. Work includes new Industry 4.0 machinery, expanded production lines and a new electric motor and aluminium casting area.
Voith Paper won an order from Modern Karton to build and deliver a complete high-speed PM 6 paper machine for recovered corrugated containerboard base paper in Turkey. The line will produce up to 640,000 metric tons per year.