Jining Haitui Heavy Industry Machinery Co., Ltd. opened a new bulldozer plant on 20 September 2018. The 40,000 m² facility has over 100 workers and an annual capacity of 2,000 crawler bulldozers.
TECO Electric & Machinery broke ground on a small-motor plant in KCN My Phuoc III Park, Binh Duong Province, Vietnam on July 5, 2018. Mass production is scheduled to start in April 2019, with a target capacity of 300,000 motors per year.
Dürr will build a new high-tech paint shop at Toyota's US plant in Georgetown, KY, including EcoReflect paint application quality control system, paint booths, ovens, and exhaust-air purification systems. The order was received in June 2018.
Ningbo Tianhui Machine Co., Ltd. passed a factory inspection by Siemens headquarters and will become a direct supplier to Siemens in Berlin, Germany, with orders placed from the German headquarters.
Japanese compressor maker Anest Iwata has acquired a 51% stake in Shanghai Screw Compressor, known as SCR Comp, to fund new products such as high-speed turbo machines and quality control improvements.
The Timken Company acquired Rollon Group, a specialist in linear motion solutions, from Chequers Capital and IGI Private Equity. Rollon has over 600 employees and operations in Italy, Germany, and the United States.
Hidden Harbor has acquired Anchor Danly and AWC Manufacturing. The announcement was made on September 19, 2018.
ShangGong Group (SGSB) acquired a 65% stake in Tianjin Richpeace Computer & Machinery Co., Ltd. for a total investment of $23 million, including $20 million for equity and $3 million for capital increase. The acquisition was announced at Richpeace's 12th anniversary celebration in Baodi, China.
Schmitz Cargobull will add two production lines at its Panevezys, Lithuania plant for S.KO box semi-trailers and M.KO truck box bodies, tripling capacity from 10 to 30 units per day by April 2019. Operations are expected to begin in October 2019.
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.
Nilpeter opened a 3,500 sqm manufacturing and development facility with a technology center in Mahindra World City, Chennai. The site houses over 70 employees and will more than double the press manufacturing capacity.
Schmitz Cargobull's supervisory board approved a €100 million investment package for its Vreden factory in Germany, to build a digital and automated plant for box semi-trailers. The investment is part of Strategy 2025 to become global market leader.
DMG MORI has invested €60 million to expand and digitize its FAMOT plant in Pleszew, Poland, increasing total area to 50,000 sqm and enabling production of 2,000 machine tools per year. The grand opening is scheduled for October 2018.
Shawpak, a division of Riverside Medical Packaging, has invested £600,000 in a Chiron 1250 5-axis vertical milling machine from Engineering Technology Group to halve cycle times and target new business in food and medical sectors.
SHW Werkzeugmaschinen GmbH, which filed for insolvency in May 2018, has been acquired by the SFO Group, a holding company of a Munich-based entrepreneurial family. The workforce of about 240 employees at the Aalen headquarters has been taken over.
Kramer-Werke celebrated the 10th anniversary of its Pfullendorf production site and inaugurated a new training building. The site, built with an investment of around EUR 35 million, has produced about 40,000 wheel loaders and telehandlers since 2008 and currently employs over 500 people.
Mecmesin, a UK-based manufacturer of force and torque testing equipment, was acquired by PPT Holdings, a Battery Ventures company. Mecmesin will join James Heal Ltd. as part of Battery's Physical Properties Testing group.
Blue Wolf Capital portfolio companies Pearl Technologies and TGW Holdings merged to form Edge Industrial Technologies, a machine knife, blade and packaging manufacturer headquartered in Wilder, Kentucky, with plants in England, the US and India.
Fujian Tietuo Machinery Co., Ltd. signed a contract with Henan Mine Crane Co., Ltd. for the procurement of 80 cranes of various models, worth over 20 million yuan, for its new smart factory for asphalt mixing equipment. The new factory is a key provincial technical renovation project with a planned investment of 300 million yuan.
Antares Vision and Jay Instruments And Systems Private Limited (JISL) signed a joint venture to establish direct operations in India, focusing on traceability and inspection systems for the pharmaceutical industry. The new company will support project management, customer service, and initiate manufacturing in India.
AGCO is investing EUR 10.5 million to expand its Feucht, Germany, competence center for forage harvesting technology, including a new 4,000 sqm assembly hall for mower production.
Konesko AS started construction of a new 5,000 sqm lifting equipment components plant in Türi-Alliku, Estonia, with an investment of EUR 10 million. The plant is expected to be completed in March 2019 and will create about 50 jobs.
Jinming Precision Machinery signed a purchase agreement with an international packaging company for a 9-layer co-extrusion multi-bubble tube method high-barrier film blown extrusion machine, with a contract value exceeding USD 3.2 million.
Orthman Manufacturing constructed a 115,000 square foot farm equipment manufacturing facility in Lexington, Nebraska, with a $9 million investment. The project retained or created 157 jobs.
SES Engineering Services has been appointed to provide mechanical and electrical services on the York Stadium Leisure Complex and a custody suite in Lincoln, with combined contract value of £10.6 million.
Euronovate (法兰泰克) announced it will acquire 100% of Voithcrane, a European specialty crane manufacturer, for €49 million through its Austrian holding company. Voithcrane specializes in automated material handling solutions.
Cogsdill-Nuneaton Ltd invested in a new Doosan DNM 6700 vertical machining centre from Mills CNC, installed at its facility in May 2018, to machine precision components for its ZX facing and contouring head tooling systems.
FIS has awarded Emerson contracts worth $20 million to digitise operations at three manufacturing sites in Italy (Termoli, Montecchio, Lonigo). Emerson will provide automation technology including Syncade MES and DeltaV DCS.
Technomash LLC, a subsidiary of Hilong Holdings, won a tender from RN-Burenie LLC to supply drill tools and related products in Russia. The contract is valued at approximately 1.15 billion rubles.
Shanghai Hilong Drill Tools Co., a subsidiary of Hilong Holdings, won a tender to supply 5,946 tonnes of drill pipe for a project of Uzbekneftegaz in Uzbekistan. The contract is valued at approximately $15.968 million.
法兰泰克重工 (Eurocrane) announced the acquisition of 100% of Austrian crane manufacturer Voithcrane for EUR 49 million. The deal is expected to close in mid-December 2018.
BCW Manufacturing in Burnley has taken delivery of two new Matsuura MX 850 5-axis machining centres to machine irregular castings for the automotive industry.
Schwing Stetter India announced a new 53-acre concrete equipment manufacturing facility in SIPCOT Industrial Area, Cheyyar, Tamil Nadu, with an investment of Rs 350 crore in two phases.
Eurocrane (China) signed an equity transfer agreement to acquire 100% of Voith-Werke Ing. A. Fritz Voith Gesellschaft M.B.H. & Co. Kg. for €49 million on September 11, 2018.
Haydale Graphene Industries' silicon carbide division signed a four-year contract worth US$3.3 million for industrial tools coatings, and also won an order for anti-corrosion paint worth US$100,000 per month.
GoEngineer has entered a strategic agreement to purchase FATHOM's 3D printing equipment reseller business, allowing FATHOM to focus on digital manufacturing services.
Addtech Industrial Process, a business area in the Addtech Group, has signed an agreement to acquire 80% of the shares in Nordautomation Oy, a Nordic market leader in log handling equipment.
Valmet agreed with FICAP to deliver its continuous BioTrac steam explosion system for a black pellet plant with 120,000 tons/year capacity in the Champagne-Ardenne region of France. Start-up is planned for 2020; the order value was not disclosed.
Tiger Offshore Rentals acquired Rigzone Mechanical Equipment, including its manufacturing facility and fleet of DNV certified offshore cargo carrying units in the UAE, expanding its presence in the Middle East.
United Rentals agreed to acquire BlueLine Rental from Platinum Equity for approximately $2.1 billion in cash, adding 114 locations and 1,700 employees across North America.
Wacker Neuson entered into an OEM cooperation with John Deere Construction & Forestry to sell Deere-brand mini and compact excavators (1.7 to 7.5 tons) in China, Australia and selected Southeast Asian countries, with manufacturing primarily at Wacker Neuson's Pinghu, China plant.
Material Sciences Corp. will invest $2.7 million to build a second facility in Greenville, S.C., to expand R&D and manufacturing of advanced composites. The 32,000-square-foot expansion is expected to create 23 jobs over five years, with initial hiring beginning in fall 2018.
The LNS Group, headquartered in Orvin, Switzerland, has acquired ChipBLASTER, Inc., a maker of high-pressure coolant systems and machine tool peripherals based in Meadville, Pennsylvania. ChipBLASTER will continue operating from its current location under present management.
Avic Guizhou Anda Aviation Forging Co. Ltd. awarded SMS group a contract to supply an additional ring rolling machine for its plant in Anshun, China. Production is scheduled for mid-2019.
Elgi Equipments, an air compressor maker, will commission a motor production facility on its Kinathukadavu campus near Coimbatore, probably in Q1 of the next financial year, with an investment of ₹18 crore. The motors will be for captive use in its compressors.
Bravilor Bonamat opened its second factory in Białystok, Poland on 7 September 2018, to produce plastic parts and sub-assemblies for its beverage preparation systems. The plant is equipped with five injection moulding machines, with plans to double that number.
Edgewater Capital's portfolio company TRITEC Performance Solutions acquired Leeco Industrial Plastics, a manufacturer of custom industrial parts from PTFE and PEEK materials, located in Giddings, Texas.
DMG MORI opened a CNC machine assembly plant in Ulyanovsk, Russia, with an investment of over 70 million euros. The plant has a planned capacity of 1000-1200 universal digital, milling and turning machines per year, with a localization target of 70% by 2020.
Atlas Copco has bought Reno A/S, a Danish maker of compressed air compressors and high-pressure cleaners with 60 employees and offices in Denmark. The deal strengthens its service network in the region.
Caterpillar launched the next-generation 20-tonne excavators Cat320D3 and Cat323D3, manufactured at its Tiruvallur unit near Chennai, India.