SPALECK Präzisionstechnik installed a new CNC machining center at its Greiz site as part of a EUR 1 million expansion investment, creating two new jobs.
Marposs, a specialist in measurement and process monitoring technologies, acquired Elettrosystem s.r.l., an Italian automation and industrial testing company.
Chinese crane manufacturer Zoomlion acquired 100% of German tower crane company Wilbert Turmkrane, based in Waldlaubersheim, Germany.
L-Acoustics acquired HGP, a precision sheet metal manufacturer, and its sister entity API, specialized in powder coating, both based in Amboise, France. HGP employs about 50 people.
Westeel, a division of Vicwest Inc., announced in May 2014 that it had acquired Italy-based PTM Technology, which engineers and manufactures automated grain handling systems.
Cv International has consolidated operations into a new 70,000-square-foot manufacturing facility in Prineville, Oregon, with 6,000 sq ft of office space and 30,000 sq ft of expansion-ready manufacturing space.
Trescal, an international calibration services specialist, acquired Boston-based Diamond Technical Services (DTS) and French provider ACTEAM Industries. DTS is a calibration laboratory with 23 employees and $2.5 million in 2017 sales; ACTEAM provides high-accuracy assembly tools and calibration services.
AB Max Sievert acquired Nordic Traction Group from Accent Equity 2012 LP, with management remaining a significant owner. Nordic Traction plans to increase investments in product development and production capacity.
TDK Corporation reached an agreement with Showa Denko to acquire its neodymium magnet alloy R&D business sector, including equipment and patents, to accelerate development of high-performance rare earth magnets for EVs and other markets.
Paul Horn GmbH and W&F Werkzeugtechnik have entered a cooperation to offer complete tooling solutions for Swiss-type lathes, including quick-change systems and internally cooled whirling units. Horn will sell W&F solutions globally.
KEBA AG acquired LTI Motion and Heinz Fiege GmbH from Körber AG. The contract was signed on November 15, 2018. LTI Motion is a supplier of servo drive technology, and Heinz Fiege specializes in spindle technology.
TAIM WESER has been contracted by DILLINGER France to design, manufacture and assemble a new bridge crane for Hall C of its Dunkerque plant in France. The crane will handle hot plates at 600°C.
Terex is expanding its aerial platform facility in Changzhou, China, by 100,000 ft² to 460,000 ft², adding materials processing and utility aerial products. The expansion will break ground in late November 2018 and may be completed by end of 2019.
SMEC (스맥) signed a KRW 6.98 billion contract with SMEC Werkzeugmaschinen to supply machine tools to Germany. The contract was signed on November 27, 2018.
GMM Pfaudler Group signed an investment project with Jiangsu Liyang Economic Development Zone on 26 November 2018 to build a 20,000-square-metre factory and 3,000-square-metre office on 43,000 square metres of land in Liyang, China, for manufacturing glass-lined process equipment.
John Deere announced a strategic supplier agreement with Wacker Neuson to initially provide compact excavators in China, Southeast Asia and Oceania. The models range from 1.7 to 7.5 tons.
Dara Pharma has acquired Spanish company CoolVacuum, a manufacturer of industrial and laboratory freeze-dryers. CoolVacuum's team will move to a new plant next to Dara Pharma's headquarters in Granollers, Spain.
United Technologies announced its intention to separate into three independent companies: United Technologies (Collins Aerospace and Pratt & Whitney), Otis (elevators), and Carrier (HVAC, refrigeration).
B&B Crane Service LLC, a North Carolina-based industrial company, announced plans to establish operations in Horry County, South Carolina, with a $10 million capital investment. The company will create 48 new jobs and retain 52 existing employees, locating in Loris Commerce Park and a second future location at Ascott Valley in Conway.
SCM Group, an Italian multinational in machinery and industrial equipment, has finalized the acquisition of DMS Diversified Machine Systems, a US-based designer and manufacturer of CNC machinery for plastics and composites, located in Colorado Springs, CO.
Högfors opened a new valve plant in Salo, Finland, built around a Fastems flexible manufacturing system that combines Deckel Maho and Gildemeister machine tools with a Fanuc robot cell. Eight machines were relocated from the old plant and the site is ready for production of butterfly and ball valves.
Australian Crane & Machinery and Zoomlion announced an exclusive joint venture and dealership agreement for product development and distribution of cranes in Australia, New Zealand and Oceania.
Centre Plant placed a £2 million order with TDL Equipment for 23 SANY excavators, the largest ever SANY order from a European dealer.
Hultdins, a manufacturer of attachments for forestry machines, is investing SEK 25 million in its factory in Malå, Sweden, and plans to expand its workforce due to record demand.
MULTIVAC Bulgaria Production opened a new €18.8 million parts and components production facility near Sofia, Bulgaria, in June 2018, creating approximately 150 jobs.
The Xinshiye CNC Machine Tool Industrial Park, a CNY 1.2 billion project in Zhongxiang, Hubei, is under construction with 100,000 m² of new factory space. It is a joint investment by Hubei Tiezheng Machinery and Zhongxiang city government, aiming for completion by end of 2018 and production start in March 2019.
Shanghai Hitachi Electrical Appliance Co., a joint venture between Hitachi Japan and Shanghai Highly Group, is expanding its compressor unit in Gujarat.
Komatsu Africa Holdings opened a new R985-million industrial hub in Germiston, Johannesburg, on November 22, 2018. The 300,000 m² campus includes head office, training centre, equipment workshop, and parts distribution centre. Construction of a component remanufacturing facility will begin in April 2019 with completion in 2020.
John Deere announced it will expand its factory in Indaiatuba, Brazil, by 12,000 m² to nationalize production of three motor grader models (620G, 670G, 770G) starting in 2021.
Public Works and Government Services Canada awarded Jordair Compressors Inc. a non-competitive contract for super pressure compressors for the Department of National Defence, with an amendment value of CAD 288,322.51. The award date was 2018-11-22.
Polymetrix was awarded contracts for capacity expansions of bottle grade PET producers in Europe, Africa, China and Southeast Asia, adding over 1,000,000 tons per annum of SSP capacity to reach markets in 2019 and 2020.
Magnum Materials, a UK-based distributor, installed an Elite 410 iSR label inspection slitter rewinder from Bar Graphic Machinery (BGM) at its facility in Cheshire, UK.
Manitowoc opened a new Potain factory in Chakan, India, which started production in Q1 2018. The facility produces MCT 85 and MC 125 tower cranes with improved efficiency.
DMG MORI acquired a 30% stake in INTECH, integrating SLM technology machines with INTECH's OPTOMET software for additive manufacturing. The partnership was announced at FormNext in Frankfurt on November 21, 2018.
Lithuanian company Beltekhnika presented an investment project to establish agricultural machinery production in Armenia, with a new factory to be built on the basis of Hayelektromash. First-stage investment of USD 5-7 million is planned, with work starting December 1, 2018.
SMEC (099440) announced a KRW 8.56 billion contract to supply machine tools to STANKOMASHSTROY in Russia. The contract was signed on November 20, 2018.
Barloworld Ltd is in talks to buy a business from Caterpillar Inc, using proceeds from the sale of its Iberian equipment business.
Agrifac Machinery, part of Exel Group, has built a new factory in Steenwijk, Netherlands, to increase production capacity and double turnover. The plant consolidates multiple facilities under one roof.
Heimatec Inc., a live tooling market leader, announced it will become part of a new corporation, Platinum Tooling Technologies Inc., led by Preben Hansen who holds a majority stake.
Kobelco Construction Machinery decided to expand production capacity of its Itsukaichi Factory in Hiroshima from 8,900 to 10,500 units per year to meet global demand for hydraulic excavators.
Danfoss acquired AAIM Controls Inc., a US-based leader in industrial refrigeration control automation, to strengthen its position as a systems provider in industrial refrigeration.
Rovema started construction of a new assembly hall at its Fernwald, Germany headquarters, with an investment of about EUR 8 million. Final assembly of packaging machines and lines will move into the building by June 2019.
Jobs S.p.A., part of Borodino Group, signed a preliminary agreement to acquire Sachman S.p.A., a machine tool manufacturer in Reggio Emilia, Italy. The combined company is expected to have annual revenue of EUR 70 million.
Precision Gear Inc. of College Point, NY acquired Arrow Gear Company of Downers Grove, Illinois on November 16, 2018, forming Precision Arrow Gear Group.
Proplasa, a subsidiary of Mexican bottler Grupo GEPP, has installed flexible packaging machines from Italian manufacturer Amut, including three co-ex lines for blown PE shrink film and one cast line for stretch film, to produce over 14,000 tons/year of shrink film and over 4,500 tons/year of stretch film.
S&TC has signed a contract with TR / Daewoo E&C to supply air coolers (air-cooled heat exchangers) for a foreign project, valued at KRW 24.43 billion ($21.7 million). The contract was signed on November 16, 2018.
American Securities LLC has closed its acquisition of CPM Holdings, a global supplier of engineered process equipment for animal feed, oilseed processing, extrusion and thermal processing markets. Financial terms were not disclosed.
Fong's Industries (Hong Kong) agreed to acquire Possehl's European companies engaged in textile machinery manufacturing in Germany and Austria for EUR 50 million. Possehl will also invest EUR 9 million in Fong's Projects for a 9.9% stake.
EMAG (China) Machinery Co., Ltd. held a groundbreaking ceremony for the first phase of its high-end CNC machine tool project in Jintan Economic Development Zone, Jiangsu province, on December 1, 2018. The total investment is 4.9 billion yuan, with phase one investment of 3.08 billion yuan, and will produce 3,000 high-end CNC machine tools annually with expected annual sales over 10 billion yuan.
Krones acquired MHT Holding, a Hochheim, Germany-based producer of PET preform moulds and injection moulding tools, for an undisclosed sum. The acquisition strengthens Krones' PET value chain and tool manufacturing.