Morbark, LLC completed the acquisition of Denis Cimaf Inc., a Quebec-based manufacturer of brushcutter-mulcher attachments for heavy equipment. The acquisition broadens Morbark's tree care and industrial equipment product lines.
Wilson Manufacturing, a Hampshire-based precision parts specialist, completed a £310,000 investment in a Quaser MF400UH 5-Axis CNC machine to increase capacity and reduce cycle times. The company supplies to aerospace, marine, medical, and oil and gas sectors.
Shaper Tools announced its acquisition by Tooltechnic Systems (TTS), the parent company of Festool, SawStop, and others. Shaper Tools will remain headquartered in San Francisco and continue developing its handheld CNC machine, Origin.
JCB announced a £65 million investment to build its sixth factory in Vadodara, Gujarat, India, to supply structural components for global product lines. Construction will start in February 2019, and production lines are expected to be operational by 2020.
BHS Corrugated was contracted by Hiang Seng Fibre Containers to supply and install a 2.8m corrugating line at its Ekachai 2 plant in Thailand after a fire in April 2016; the line began commissioning in late 2016.
Kazankompressormash has begun construction of a new workshop over 11,000 square meters in Tatarstan to produce large compressors with drive power above 25 MW, employing over 300 staff, with first output planned for 2020.
Norway's TTS Group was awarded a NOK 102 million (USD 11.7 million) contract by Cosco (Dalian) Shipyard in China for five sets of cargo cranes and hatch covers.
Rajoo Engineers and Kohli Industries have partnered to build a new series of extrusion coating and lamination machines, with Multigraph Machinery as distributor. The alliance aims to produce the LAMEX extrusion coating laminator.
GROB established a new branch in Vietnam, which commenced operations in January 2019, to support its turnkey project for VinFast.
EMZ Elektromaschinenzentrale GmbH supplied and commissioned a replacement slip-ring motor and complete drive train for a cement mill in Australia in January 2019. The work included exchange of the main gearbox, auxiliary drive, and medium-voltage switchgear during a 12-day shutdown.
GROB-WERKE's complete engine production line for Peugeot at the Tychy plant in Poland went into production in January 2019. The order, valued at nearly €100 million, includes cylinder head and block production and motor assembly.
Liebherr-Australia will take over the business activities, including employees, locations, contracts and customers of Morrow Equipment Co. L.L.C, as its Tower Cranes Division in Australia, effective January 1, 2019.
Priebe Scenteknik AB and Scan-Rig AB have merged as of January 1, 2019, forming a new entity called Priebe-ScanRig AB. Both companies will continue operations from their respective bases in Norrköping and Malmö, Sweden.
Wickeder Westfalenstahl GmbH has acquired all shares in WaCo Gerätetechnik GmbH, a specialist in CNC sheet metal processing based in Dresden, Germany.
Sandvik, through its Dormer Pramet division, has acquired Wetmore Tool & Engineering, a US manufacturer of round tools for the aerospace industry. The deal was signed and closed on January 9, 2019.
AUMUND Group companies received orders from Sinoma to supply conveying and storage equipment for Dangote Cement projects in Nigeria (Obajana Line 5, Okpella, Apapa, Onne) and Senegal (expansion).
In 2019, Dalgakiran Compressor Ukraine completed the supply of 21 screw compressors and dryers to PJSC Novokramatorsk Machine-Building Plant (NKMZ) under a tender to move compressed air treatment into workshops.
Ingersoll Rand agreed to sell its industrial segment to Gardner Denver for $7.7 billion, which would leave Ingersoll Rand focused on climate solutions. The deal was reported in a 2019 review of pump and valve sector M&A.
TB Trykkluftteknikk delivered Atlas Copco compressors, including two 90 kW low-pressure units and one 132 kW unit, to MAPEI's new factory at Sagstua in Nord-Odal, Norway. The factory started production in 2019.
MAPAL Frhenosa, a joint venture of the MAPAL Group, opened a second branch in Santiago de Querétaro, Mexico, with a ceremony held at the end of January 2019. The site adds production capacity for tool reconditioning and is expected to create 100 jobs.
Progressio Fund III finalized the acquisition of a majority stake in Gampack, a Podenzano (Piacenza) maker of secondary packaging machinery for the beverage sector, on January 31, 2019. Founders retain a significant minority stake.
TOWA Industrial Vietnam Co., Ltd. began construction of a high-tech factory to produce precision machine parts at Hoa Phu Industrial Park in Vinh Long Province, Vietnam. The VND 342 billion ($14.7 million) TOWA SOUTHERN STAR FACTORY project will supply parts to brands like Juki, Brother, Komatsu, and Kubota.
The Shaoyang Sany engineering machinery and parts remanufacturing project, invested by Hunan Zhongwang Engineering Machinery Co., Ltd., broke ground in Xinshao County, Shaoyang, Hunan. The project has a total investment of CNY 120 million and will produce breaker hammers, remanufacture parts, and provide sales and service.
Towa Vietnam Co., Ltd. broke ground on the Towa Southern Star plant in Hoa Phu Industrial Park, Vinh Long, with a total investment of 342 billion VND (US$15 million). The plant will produce machine tools, sewing machine parts and precision machinery components, creating about 800 jobs.
XCMG Mining signed a strategic cooperation agreement with Da Ming Group to strengthen their relationship in fabricating services for mining machinery projects.
Hitachi Construction Machinery and KTEG Kiesel Technologie Entwicklung GmbH agreed to establish a new company to develop electric construction machinery and special application products for the European market.
Duguit Technologies acquired Bedi, a company based in Brazey-en-Plaine, France, that designs and manufactures end-of-line packaging machines for wine and other industrial processes.
Industrial Tooling Corporation (ITC) invested in a Walter Helitronic Power and an ANCA MX7 Linear grinding centre to increase cutting tool production capacity at its Tamworth facility.
ANDRITZ received an order from Holmen's Iggesund Paperboard to supply fiberline process technology and equipment for its Iggesund mill in Sweden, with start-up scheduled for Q4 2019.
Bavelloni SpA acquired 100% of Glaston Tools Srl from Glaston Corporation. The company, based in Bregnano, Italy, has been renamed Bavelloni Tools Srl.
TMC will supply a complete marine compressed air system, with two service and two control air compressors, for a newbuild 170,000 cubic metre FSRU being built by Samsung Heavy Industries for Höegh LNG. The contract value is undisclosed and delivery is scheduled for Q2 2019.
Sinomach Foundry and Metal Forming Co., Ltd (FMF) won the bid for an automatic air-flow high-pressure squeeze moulding line project for XCMG (Xugong Construction Machinery Group) on January 17, 2019.
Sky Power GmbH strengthened its partnership with Mejzlik Propeller to develop propellers coordinated to engines and customer applications for unmanned aerial systems.
Ramirent Finland Ltd has acquired SRV Kalusto Oy for EUR 21 million and entered a long-term cooperation agreement with SRV Group Plc. SRV Kalusto, an equipment rental company, has 33 employees and net sales of EUR 8 million in 2017.
Thöni is constructing a new 23,000 m² production hall in Pfaffenhofen, Austria. The outer shell was completed in December 2018, and interior work is expected to finish by end of March 2019.
Valmet finalized a contract with ARAUCO to deliver pulp drying and baling, recovery boiler and biomass boiler for ARAUCO's MAPA project, a new pulp production line at the Arauco Mill in Chile, valued at EUR 250-300 million.
FMF (Sinomach Foundry and Metal Forming Co., Ltd.) won the bid for a CNC Automatic Punching Production Line Project with 5-punching units for U-Beam from FAW Group Corporation, marking the 17th set of high-end intelligent automotive equipment provided by FMF to FAW.
PESCO will invest more than $7.5 million to expand its main production facility by 20,000 square feet in San Juan County, New Mexico, creating up to 180 jobs. New Mexico will provide up to $2.35 million in LEDA funds for the expansion.
Danfoss signed an agreement to acquire privately held Hydraulik Nord Fluidtechnik, a supplier of hydraulic steering solutions based in Parchim, Germany. The deal is intended to expand Danfoss Power Solutions' product portfolio and manufacturing capacity.
JCB Sales Ltd has been awarded a contract by the Danish Defence Acquisition and Logistics Organization (DALO) for the supply of 5-10 Highly Mobile Light Armoured Back Hoes, spare parts, repairs and training, valued at DKK 37,167,177.
Michelin completed the acquisition of Camso, strengthening its global leadership in the specialty business.
Northeast Building Products invested $15 million in a new 104,000 sq.ft. manufacturing facility in Philadelphia, Pennsylvania, which will house two Bystronic glass B'VARIO TPS IG lines to expand window and IG production capacity.
Chongqing Xin Runxing Technology Co., Ltd., a subsidiary of Guangdong Runxing Technology, began construction of a plant in Zhongxian, Chongqing, to produce 5,000 CNC machine tools annually. The project is part of a larger high-end equipment manufacturing industrial park.
Yaskawa Electric acquired Siemens AG's stake in the joint venture YaskawaSiemens Automation & Drives (YSAD), making it a wholly-owned subsidiary renamed Yaskawa Automation Drives (YAD), effective November 1, 2018.
DMG MORI acquired a 30% stake in INTECH and signed a partnership agreement in additive manufacturing, integrating SLM technology with INTECH's OPTOMET software.
Siemens Numerical Control (Nanjing) Co., Ltd. (SNC) will invest over 800 million RMB to build a new digital factory in Nanjing's Lishui Economic Development Zone, with capacity to triple.
Fonderie Mario Mazzucconi S.p.A. acquired full ownership of all shares in Tekal S.p.A. from AP Finance SA for a purchase price of EUR 4,350,000, with total transaction value of EUR 4,500,000. The acquisition was announced on December 17, 2018.
Matrix Tooling Services Ltd announced it has been acquired by Rubix Group, Europe's largest supplier of industrial MRO products and services. This is Rubix's first acquisition in the cutting tool industry.
The SDF Group built the most modern tractor factory in Europe under the Deutz-Fahr brand in Lauingen, Bavaria, with an investment of €90 million. Production started in 2016.
The Hickman family sold a majority interest in Brazeway Inc. to Axel Johnson Inc., a family-owned company based in Stockholm, Sweden, and New York. The Hickmans retain a minority stake.