Endúr Fabricom completed its acquisition of Bergen Group ASA in a reverse merger transaction on February 20, 2019, resulting in Endúr shareholders owning 51% of the combined entity, which will be renamed Endur ASA.
Vactor Manufacturing announced plans to expand its Streator, Illinois plant, adding up to 90 jobs and increasing production capacity. Parent Federal Signal expects to invest up to $25 million in the project, with construction targeted to finish by end of 2019.
Tubacex and Senaat General Holding Corp. agreed to acquire The Nobu Group, a Dubai-based precision component repair and manufacturing services provider for oilfield equipment. The transaction is expected to close in March 2019.
Glaston is selling its Glaston Tools Srl segment to Bavelloni SpA, a glass processing machinery company. The acquisition is for 100% of the shares.
Glaston Corp. signed an agreement to acquire the Bystronic Glass Group from Swiss industrial holding company Conzzeta AG. The transaction is expected to close by the end of Q1 2019, subject to regulatory approval.
Thomas Brown Engineering installed a new Hardinge Bridgeport XR1000 CNC machine from Engineering Technology Group to support three new aerospace contract wins. The investment has reduced cycle times by up to 20%.
Komatsu America Corp. announced it has entered into a definitive agreement to acquire TimberPro, Inc., a Wisconsin-based manufacturer of purpose-built forest machines and attachments. The acquisition is expected to close on April 1, 2019.
Kawasaki Heavy Industries completed a new factory at Wipro Kawasaki Precision Machinery in Bengaluru, doubling production capacity to 40,000 units per year for hydraulic pumps and motors used in construction machinery.
SafanDarley invested in a new Soraluce SLP-8000 milling machine at its production plant in Eijsden, replacing an ageing CME machine. The machine weighs 28.8 tons and is 6500mm long.
Danfoss is investing about €1.5 million in an automated water-based paint line in a 700 square metre area of its mobile hydraulics plant in Caxias do Sul, Rio Grande do Sul. The line will bring painting in-house, previously outsourced, and is expected to create new jobs.
Air Products agreed to provide its proprietary AP-C3MR liquefaction technology, equipment and process license for the three-train Golden Pass LNG export facility in Sabine Pass, Texas, which is due to start up in 2024. Value was not disclosed.
Kawasaki Heavy Industries plans to start a new hydraulic equipment plant, Suzhou No. 4, in China around summer 2020. It will take over production of hydraulic components for China from its Nishi-Kobe mother plant in Japan.
Kawasaki Heavy Industries opened a new plant in Bangalore to make pumps and motors for 7-36 tonne construction machinery, doubling its Indian hydraulic capacity to 20,000 units a year. The investment is about 800 million yen and production starts in April 2019.
Mno-Bmadsen, the investment arm of the Pokagon Band of Potawatomi Indians, acquired a majority stake in Enmark Tool & Gage, a precision machining company serving aerospace, automotive, defense and machine tooling sectors. The deal closed on February 1, 2019.
On July 5, Optima Group officially dedicated its Optima Logistics Center at the Solpark industrial park in Schwäbisch Hall, Germany.
The Toro Company announced a definitive agreement to acquire Charles Machine Works, parent of Ditch Witch, for $700 million in cash. The transaction is expected to close before the end of Toro's fiscal 2019 third quarter.
Heartland Automation invested over $850,000 in its machine shop in Georgetown, Kentucky, upgrading and expanding to support mobile robot part manufacturing and integration. The investment includes new CNC machining centers from Haas Automation and a waterjet from OMAX.
EDGE Innovate plans to create 80 new jobs and develop a new factory as part of an £8 million investment programme in Dungannon, Co Tyrone. Invest NI is supporting the expansion with over £957,000.
SMS Group received an order from Marcegaglia for a high-performance two-strand reversing cold rolling mill for its Ravenna facility. The mill is scheduled to start operation by April 2020.
The UK Competition and Markets Authority cleared the anticipated acquisition by AL-KO Kober Holdings Limited of Bankside Patterson Limited. The merger inquiry was launched on 13 February 2019 and cleared on 24 April 2019.
Holsby Metall AB secured a three-year order worth 100 million SEK to supply machined aluminium profiles for telecom infrastructure in the USA and Italy. The company is also investing in six new production lines.
LMF, a Kaishan company, received a 6.2 million euro advance payment, 30% of a 20.67 million euro contract to supply 16 truck-mounted natural gas pipe evacuation units to a Russian natural gas company. The payment means the contract has officially come into effect.
Emerson completed the purchase of General Electric's Intelligent Platforms business, adding PLC technologies to expand its automation capabilities in machine control and discrete applications. The acquired business is based in Charlottesville, Virginia, with approximately 650 employees and 2017 sales of $210 million.
Loparex announced the purchase of a new high-speed tandem extrusion coating machine from Sung An Machinery Co. Ltd (SAM) to double its poly-coated release liner capacity in Europe. The machine will be operational in early 2020.
Claren Tools Srl acquired SFA Eurostampi, a mold supplier for the automotive sector, forming the Claren Tools Group.
Imply Tecnologia confirmed a R$20 million investment to expand its factory in Santa Cruz do Sul, Brazil, creating about 50 new jobs. The project includes acquiring a 3-hectare plot and building a new unit focused on innovation.
Eckhart Inc. completed a facility renovation at its Reed City, Michigan location that doubled administrative office space, tripled manufacturing capacity, and established an Industry 4.0 technology showcase. The subsidiary Logic Plus was renamed Eckhart.
Kinshofer has acquired Hammer SRL, an Italian manufacturer of hydraulic breakers and attachments for excavators and other equipment. Hammer generates about EUR 20 million in annual revenue and employs over 100 people.
Haizea Wind Group has reached an agreement to acquire 80% of Grupo WEC, a Basque company specializing in large cast and boiler components for wind turbines. The acquisition expands Haizea's product portfolio to include shafts, rotors, and frames for wind towers.
Sarens has opened a new crane depot in High Bridge, near Hinkley Point C, with capacity for five cranes and potential for future expansion.
MAN Energy Solutions won an order to supply 18 MAN B&W 9S50ME-C9.6 main engines for nine RoRo vessels for Grimaldi Group, to operate in the Mediterranean. Hyundai Heavy Industries will build the engines and Jiangsu Jinling Shipyard will build the vessels, with delivery from 2020.
Danfoss India announced a four-point plan including a ₹100 crore investment over two years to expand its mother plant in Oragadam, increase localisation from 40% to 71%, and double production capacity of hydraulics cooling drives in Pune and heat exchangers in Baroda. Additionally, a new plant for low-voltage drives will be set up with $15 million investment, operational by September 2019.
Aflex Hose, a manufacturer of hoses for automotive and pharmaceutical industries, has started building a new 17,000 m² factory in West Yorkshire, UK. The facility will consolidate five existing sites, include new extrusion lines, and boost capacity by 70%. Construction is expected to complete by end of 2019, with manufacturing starting in Q2 2020.
Eddyfi Technologies, a world leader in advanced non-destructive testing technologies, has acquired Inuktun Services Ltd., a developer and manufacturer of remotely operated crawlers and camera systems. The transaction also includes the merger of sister company Crystal Cam Imaging with Inuktun.
Fives has been selected by LEICHT Küchen AG to supply a complete robotic sorting solution for its new 40,000 m² factory in Schwäbisch-Gmünd, Germany, including a 3,000-slot robotic sorter and robotic cells for assembly lines.
Drake Enterprises plans to expand its manufacturing facilities in Clinton Township, Michigan, adding a 38,000 sq. ft building for swaging. The project involves $18.9 million investment and is expected to create 125 jobs.
Valmet received an order from The Price Companies for a new debarking and chipping line at their facility in Georgia, USA. The order was booked in Q4 2025, and start-up is scheduled for Q4 2027.
Baker Hughes will supply six heavy-duty gas turbines and 12 centrifugal compressors to the $10 billion Golden Pass LNG export terminal near Port Arthur, Texas. Financial terms were not disclosed and the deal was confirmed on 7 February 2019.
Schuler Group is under contract to develop and build a 30,000-metric ton closed-die forging press for Otto Fuchs KG. The press is scheduled to start production in January 2021.
Z Capital Partners, L.L.C. has acquired Techniks Tool Group, a provider of tool holding and workholding products for CNC machine applications serving industrial end markets.
Dormer Pramet has acquired Wetmore Tool and Engineering, a US-based manufacturer of HSS and solid carbide cutting tools for the aerospace industry, based in Chino, California.
Kato Works Co., Ltd. completed construction of its Bando Plant in Bando City, Ibaraki Prefecture, on January 29, 2019. The factory will begin manufacturing and storage of construction machinery parts in April 2019.
Toscotec has been awarded a contract by Smurfit Kappa Cellulose du Pin to rebuild the entire dryer section of its PM5 paper machine at Facture, Aquitaine, France. The project is scheduled for start-up in the first quarter of 2020.
Bauer Massstabfabrik has set up a state-of-the-art production plant in Asia, in addition to its main plant in Laufen, to meet increasing global market demands. The expansion includes an integrated sawmill for quality control.
Bell is extending its European articulated dump truck factory in Eisenach-Kindel, Germany, adding two new production halls with a combined area of 12,000 square metres. The expansion is scheduled for completion in mid-2019.
Resonetics announced the acquisition of Caribou Technologies, a Minnesota-based supplier of centerless grinding, forming, coiling, machining and laser processing for the medical device industry.
Advantech completed the acquisition of an 80% stake in OMRON Nohgata, a subsidiary of OMRON Corporation. The acquired entity will be renamed Advantech Technologies Japan and will focus on factory automation, machinery, and medical sectors.
Nikolaus SORG GmbH & Co. KG was awarded a contract by Wiegand-Glas for the planning, delivery, construction and commissioning of a glass-melting system for a new plant in Schleusingen.
Stihl has inaugurated a 20,000-square-meter expansion at its Langkampfen site, investing €22.8 million and creating around 150 new jobs, to boost production of lawn mowers and other garden equipment.
Pinette Emidecau Industries has been awarded a contract by CCI de Bayonne Pays Basque for the supply of a thermoplastic composite thermoforming line, valued at EUR 888,200.