Huissel, a die and sheet metal part supplier, has invested in a Schuler MSP 800 servo press and will set up a new building at its Enkenbach-Alsenborn factory, described as the largest single investment in the company's 100-year history.
MKS Instruments has agreed to acquire Electro Scientific Industries (ESI) for $30.00 per share in an all-cash transaction valued at approximately $1 billion, to broaden its position in industrial markets.
FANUC America Corp. broke ground on a new $51 million North Campus facility in Auburn Hills, Michigan, scheduled to open in fall 2019. The 461,000-square-foot expansion will house engineering, product development, manufacturing, and warehousing, and is expected to create 100 jobs.
Zoomlion officially launched its access division at a new factory in Wangcheng District, Changsha, Hunan Province, with five automated production lines and an annual production capacity of 12,000 scissor lifts. The company targets 6,000 unit sales in 2019, generating about RMB500 million ($72 million) in revenue.
SigmaTEK Systems, author of SigmaNEST nesting software for sheet metalworking, has been acquired by venture capital firm Battery Ventures. The deal value was not disclosed.
Shenyang Machine Tool (Group) Co., Ltd. cancelled its planned acquisition of Zhongjie Machine Tool Co., Ltd. and several other entities from Shenyang Machine Tool Co., Ltd. The deal, valued at CNY 1, was originally signed on October 26, 2017, and cancelled on October 26, 2018.
Maximator GmbH signed a contract with AWG Abfallwirtschaftsgesellschaft Wuppertal to plan, deliver, install and commission the hydrogen refueling infrastructure for Wuppertal's fuel cell buses, with implementation starting from 2019.
Hagong Intelligent announced a cash acquisition of 100% of NIMAK Group (NIMAK GmbH, NIMAK KG, Nickel GmbH), a German industrial welding equipment provider, for EUR 88.0358 million.
Mitsubishi Heavy Industries will build a new factory on the site of its Nagoya Aerospace Systems Works Oye Plant and lease it to U-MHI Platech, a maker of injection molding machines. Construction starts December 2018, completion March 2020, with transfer by July 2020.
U-MHI Platech Co., Ltd. announced it will lease a new manufacturing plant for injection molding machines to be built by Mitsubishi Heavy Industries at its Oye Factory in Nagoya, Japan. Construction starts December 2018, completion March 2020, with operations transferring from the Iwatsuka Factory in July 2020.
Bennett Packaging has installed a second Barberan Jetmaster digital press at its Lee's Summit, Missouri site, a 48-inch machine added to its existing 66-inch press.
Abengoa selected Siemens to supply a compressor train, steam turbine and balance-of-plant equipment for Fulcrum BioEnergy's Sierra BioFuels plant in Storey County, Nevada, which will convert municipal solid waste into aviation fuel. Equipment is expected to ship in mid-2019.
Danfoss acquired the majority of Artemis Intelligent Power, an Edinburgh hydraulic R&D firm, to gain its Digital Displacement technology. Artemis will become a joint venture with Mitsubishi Heavy Industries, with Danfoss as majority shareholder.
CSSC-MES Diesel placed the first order for MAN's ETB40 EGR blowers, to be installed on vessels built with several MAN B&W 7G60ME-C9.5 two-stroke main engines.
MAN Energy Solutions launched its ETB40 electrical turbo blower for exhaust gas recirculation at a ceremony in Shanghai, hosted by its two-stroke licensee CSSC-MES Diesel. The blower supports IMO Tier III compliance.
Jack Sewing Machine Co. Ltd. acquired 80% of Vibemac shares through a joint venture. Vibemac China will be created for the Chinese market.
Röhm Products of America acquired Master WorkHolding, a custom prismatic workholding manufacturer based in Morganton, North Carolina.
Hanwha Aerospace's subsidiary Hanwha Precision Machinery will acquire the machine tool business from Hanwha Corp./Machinery for KRW 69.3 billion.
Woojin I&S (Woojin I.N.S.) signed a KRW 14.7 billion supply contract with Sail E&S for coating duct work on the P-PJT project.
ANDRITZ received an order from Celulosa Arauco y Constitución S.A. to supply pulp production technologies and equipment for the modernization and extension of the ARAUCO pulp mill in Horcones, Chile. The order value is around €300 million, with start-up scheduled for Q1 2021.
Phoenix Mecano Group plans to acquire an 80% stake in China-based Mei Hui Machinery Co., Ltd., a metalworking specialist in Zhejiang Province. The transaction is expected to close in 2019, subject to regulatory approvals.
ANDRITZ received an order from Celulosa Arauco y Constitucion to supply pulp production technologies and process equipment for the modernization and extension of the Arauco pulp mill in Horcones, Chile. The order value is about EUR 300 million, with start-up scheduled for Q1 2021.
TMC Compressors will supply a compressed air system with two 235 kW instrument air compressors and an adsorption air dryer for the Liuhua FPSO, built at Qingdao Beihai's yard in China. The contract value is undisclosed.
Precision Cut Industries Inc. broke ground to expand its manufacturing space by 14,000 square feet and office space by 3,000 square feet at its headquarters in Conewago Township, Adams County, Pennsylvania.
Chiron Group is investing over €30 million in a new Precision Factory in Neuhausen ob Eck, Germany, with capacity for 450 machines per year and 220 employees. Operations are set to begin in autumn 2019.
Chiron Group is building a new plant in Taicang, China for over €10 million, tripling local production capacity and creating 190 new jobs. Production is expected to start in the first half of 2019.
Dril-Quip subsidiary in Aberdeen entered into a FEED contract and frame agreement with Premier Oil to provide subsea production systems for the Sea Lion Phase 1 development offshore Falkland Islands. The equipment portion is valued at $207 million.
Danfoss Power Solutions signed an 11,088 sqm office and warehouse lease at Hillwood Wroclaw I BIS logistics park in Bielany Wroclawskie to expand operations at its hydraulics manufacturing site. Cushman & Wakefield represented the tenant.
Norjon Precision Engineering has installed a high-speed DA300 vertical machining centre from Makino, with an Erowa pallet system, at its Gosport factory. It is the first Makino DA300 in the UK.
German machine tool manufacturer Hermle will invest 300 million rubles to create a design and technology center in the Ulyanovsk port special economic zone, with plans to later produce machine tools there.
PNT (피엔티) has signed a contract worth KRW 27,428,280,000 to supply an electrode production system. The contract was announced on October 16, 2018, with a contract period ending April 30, 2019.
Methods Machine Tools Inc. has entered into an agreement to represent Niigata Machine Techno Inc. throughout the US, Canada and Mexico. The announcement was made on October 16, 2018.
Wajax Corporation has acquired all shares of Montréal-based Groupe Delom Inc., a maintenance and repair provider for electromechanical and rotating equipment, for a purchase price of $51.8 million with $2.0 million contingent on performance targets. Delom has six branches in Eastern Canada.
Oerlikon Manmade Fibers has acquired AC-Automation GmbH & Co. KG, integrating its automation solutions for large-scale systems into its portfolio to offer fully-automated, digitally-networked fiber production.
Smec Co Ltd announced it won an order worth $42 million to provide machine tools through its unit Smec America.
MEILLER GmbH held a groundbreaking ceremony for its new Austrian headquarters in Oed-Öhling, Lower Austria. The company will consolidate production from two existing plants in Waidhofen an der Ybbs and Asten into a single site on a nearly 6-hectare plot, to produce around 1,500 tippers annually.
Linde Hydraulics plans to locate new production operations in Rock Hill, York County, South Carolina, in a 67,200 sq ft facility, with a $13.4 million investment projected to create more than 60 jobs.
24/7 Compression is opening a new 14,000 square foot facility in Grande Prairie, Alberta, in October 2018, expanding its production and service capacity after the merger with Belair.
Calgary-based 24/7 Compression Ltd. and Belair Power & Production Equipment Inc. announced a completed merger, combining natural gas compression service and power generation packaged equipment businesses. The merger was announced on October 10, 2018.
Honeywell will implement a €30 million project at Sappi Austria's paper mill in Gratkorn, Austria, including server virtualization, process visualization, and cybersecurity solutions to modernize the mill.
KROHNE Inc. opened a new flow and level instrument manufacturing and calibration facility in Beverly, Massachusetts.
The Shenyang State-owned Assets Supervision and Administration Commission transferred 26.757% of its stake in Shenji Group (Shenyang Machine Tool Group) to Shenyang Industry Investment Development Group, reducing its ownership from 92.070% to 65.313%.
Motion Industries, a subsidiary of Genuine Parts Company, has acquired Hydraulic Supply Company, a full-service hydraulic, pneumatic and industrial products distributor, with the transaction completed on October 1, 2018.
Rommelmann GmbH was awarded a contract by Kreishandwerkerschaft Coesfeld for the supply and installation of precision lathes, universal tool milling machines, and pillar drilling machines for a technology center. The contract value is EUR 47,991,867, awarded on 2018-10-08.
JCB received a $72.8 million contract extension from the U.S. Department of Defense to manufacture approximately 180 High Mobility Engineer Excavators (HMEEs) through 2020. The company expects to double HMEE production by mid-2019 and add about 20 jobs.
Bharat Fritz Werner Ltd (BFW) plans to set up two more plants to more than double its production capacity from 3,500 to 10,000 machines per annum within 3-4 years. The company recently expanded with a greenfield project in Hosur, Tamil Nadu, investing ₹50 crore, and has been allotted 20 acres in Tumkuru Machine Tools Park, Karnataka, for a unit that may become operational by 2020.
TIL Ltd revived its plan to set up a second factory in Kharagpur, West Bengal, to manufacture a new range of high tonnage mobile cranes. The project cost is INR 180 crore (including INR 50 crore land cost), and construction will begin soon, with financing from sale of land assets in Uttar Pradesh.
Decide4Action, a productivity software and hardware company, acquired Automation Intellect, an AI and automation firm, to enhance its smart manufacturing and intelligent automation capabilities.
Fluid Flow has agreed to acquire Hygeniks, Inc., a Massachusetts-based manufacturer and distributor of value-added components and systems for hygienic processes, to expand its process control offerings for life sciences.
Nordson Corporation's Chonburi facility in Thailand has expanded its Xaloy screw and barrel manufacturing capacity with new systems and now also supports the BKG brand with technical service and a new pelletizing lab line.