Thurne, a technical trade company active in the Nordics and Baltics, will become a fully owned subsidiary of Addtech in April 2019.
JCB plans to invest Rs 650 crore in a new factory in Vadodara, Gujarat, its sixth in India, to manufacture parts for global production lines. Production is expected to begin in 2020.
Italian gear reducer maker Rossi S.p.A. has invested EUR 30 million in manufacturing technology and is extending its Ganaceto plant in Modena by up to 27,000 square meters for a new gearmotor assembly line.
CNBM and Fives signed a strategic agreement on March 25, 2019, forecasting a volume of business of at least €600 million over three years, focusing on modernization and upgrades to CNBM's production lines in China and international projects.
Ivarssons i Metsjö is expanding its production facility in Linköping with a new 800-square-meter high-tech plant for advanced material treatment. The facility began construction six months ago and will be operational in mid-April 2019.
Qingdao Shengmei Machinery Co., Ltd. signed a large order for V-process equipment with a contract value exceeding 10 million yuan. The customer is Shandong Yuxin Casting Industry.
Fluid-power distributor Iowa Fluid Power plans a 45,000 sq ft expansion of its Blairs Ferry Road NE facility in Cedar Rapids, Iowa, valued at $5.7 million, with 12 new jobs and completion expected in August 2019.
CRENO is preparing to deliver its 20th specialized large CNC machine to AVIC in China. The 5-axis machine, capable of machining composite parts and ultrasonic cutting of honeycomb, will be installed at AVIC's location in Jinan.
Chinese industrial company Kongwo Power signed a contract with Güçbir Jeneratör to invest €800 million in a diesel engine production facility in Zonguldak, Turkey. The plant is expected to employ around 300 people and target the Middle East market.
Chinese crane manufacturer XCMG has appointed Dutch equipment dealer Cranes For You as its distributor for the Benelux region. The company has received its first order, a 100-tonne XCA100E All Terrain crane, from a German customer.
Hitachi Industrial Equipment Systems entered into an agreement to acquire 100% of KEC Corporation, a robotic system integrator specializing in production line automation for the automobile industry, from Tokio Marine Capital. The acquisition is expected to close by end of April 2019.
Velocity, part of the Reece Group in Newcastle, has received a contract to build 16 Velocity Patching machines for a UK company, creating 16 new jobs at its factory.
Prima Power, through its subsidiary Finn-Power Oy, opened a new EUR 20 million, 20,000 square meter manufacturing plant and technology center in Seinäjoki, Finland, on March 21, 2019. The facility produces laser-cutting, punching and automation equipment and employs 400 people.
GMM Pfaudler Group held a groundbreaking ceremony on March 21, 2019, for a new glass-lined and process equipment manufacturing plant in the Jiangsu Li Yang Economic Development Zone, China. The investment is $50 million, and the facility is expected to generate annual sales of approximately 400 million yuan.
Pengfei Group signed an order with Valmet to supply two wet pulp caustic rotary kilns for the MAPA 1.6 million tons per year pulp project of ARAUCO in Chile.
Engineered Metal Products (EMP) announced a fourth expansion of its Guadalajara facility, adding two ABB 7600 robots and a multi-level ceramics conveyor. The expansion will increase ceramic output capacity by 400%.
Loparex has purchased a new high-speed tandem extrusion coating line from Sung An Machinery (SAM) for its European operations. The line will double Loparex's manufacturing capacity in Europe for poly-coated release liners and is expected to be operational in early 2020.
SMS Group has announced that Jiangsu ChangBao Precision Steel Tube Co., Ltd has ordered a new seamless tube plant. The plant will have a production capacity of 300,000 metric tons per year and is scheduled to be commissioned in the first quarter of 2020.
Cemex has entered into a global agreement with automation specialist Petuum Industrial to supply AI Autopilot with autosteer in all cement plants worldwide for autonomous cement plant operations. The technology is being deployed at select Cemex USA and Mexico plants and will continue to be rolled out in 2019.
Atlas Copco's Gas and Process Division won orders from Samsung Heavy Industries for eight HD centrifugal gas compressors, eight oil-free gas screw compressors, heaters and vaporizers for LNG carriers. The order was reported on 21 March 2019.
Clarke Precision Machine, Inc. will invest $750,000 to expand its facility in Wytheville, Virginia, creating 12 new jobs to handle future contracts in automotive, construction materials, and industrial mixing.
Firma Virial has upgraded its production line for metal-cutting tools in St. Petersburg, Russia, increasing annual capacity to 70 tons. The investment exceeded 500 million rubles, with half from the Industrial Development Fund.
Mayekawa Manufacturing Company has purchased a Holroyd TG350E CNC rotor grinding machine for its Higashi-Hiroshima facility. The machine will precision-grind screw rotors up to 350 mm in diameter.
SORALUCE invested €9 million in a new production plant called Portal Factory in Bergara, Spain, with a surface area of 4,900 m2, for manufacturing large gantry-type machines.
In March 2019, Siebel Transmission Technology Co., Ltd. and Jiangsu Jintaixin Reducer Co., Ltd. jointly established a joint venture to produce the Siebel brand in China.
Hypertherm signed a definitive merger agreement to acquire abrasive waterjet maker OMAX, which becomes a wholly owned subsidiary. Closing is expected on or around April 9, 2019.
Bosch Packaging Technology chose spend management firm Jaggaer to manage its logistics and procurement processes, as part of its digitalisation strategy. The move comes while Bosch seeks a buyer for its packaging division.
Heidelberg and MK Masterwork presented the new Diana Go folder gluer for the packaging market at an open house event in Nové Město, Slovakia, with three orders already received.
Engcon inaugurated a new computer-controlled, fully robotized production facility in Strömsund, Sweden, tripling its production capacity to at least 22,000 tiltrotators per year, with investments of around SEK 90 million over three years.
Engcon Group invested 90 million Swedish kronor in new CNC machines and a robotized production facility in Strömsund, Sweden, tripling its tiltrotator production capacity to at least 22,000 units per year. The facility was inaugurated on March 19, 2019.
Wuzhong Group's machine tool company signed a contract with Shandong Haihang for a TK6920C series CNC floor-type boring and milling machine with a rotary table.
Valmet will supply an OptiConcept M containerboard making line with automation solutions and a winder to GS Paperboard & Packaging in Selangor, Malaysia. The order is valued at around EUR 60-70 million, with start-up scheduled for 2021.
Essentra plc acquired the 49% minority interest in its Filters joint venture, Essentra (MEA) Pte. Ltd, from Aberdeen International FZE for £11.6 million, gaining full ownership of Essentra FZE in Dubai.
Aerzen Canada celebrated the opening of a new 26,000 square foot building with office space and a production facility at an event held March 19, 2019. The company describes itself as in a growth and expansion mode.
Denyo Manufacturing opened a 63,000-square-foot sheet metal fabrication facility in Danville, Kentucky, adding 65 jobs, to make parts for its generators and air compressors using new Amada equipment.
Valmet will supply an OptiConcept M containerboard making line with automation solutions and a winder for GS Paperboard & Packaging (GSPP) in Selangor, Malaysia. The new production line PM 3 will produce testliner and fluting grades, with start-up scheduled for 2021.
Bosch Rexroth (Xi'an) Electronic Drives and Controls Co., Ltd. broke ground on a second-phase expansion project in Xi'an Economic and Technological Development Zone, investing CNY 500 million to build an Industry 4.0 linear guide and assembly conveyor system project. The expansion is expected to be completed and operational by 2020.
Sandvik Mining and Construction GmbH installed a Heller FP 6000 5-axis machining center at its Zeltweg, Austria plant for machining valve blocks and bevel gears for mining and tunneling machines.
Saitim Energy S.L. was contracted to develop the industrial refrigeration control system for the largest slaughterhouse in Europe, being built by Pini Group in Binéfar, Spain.
Wacker Neuson SE opened its new compact machine plant in Horsching, Upper Austria, for manufacturing tracked and wheeled excavators, dumpers and skid steer loaders. The plant is the company's largest single investment after its €43 million headquarters in Munich.
New York Air Brake (NYAB) announced the acquisition of Snyder Equipment Co., a locomotive fueling, servicing and component remanufacturing company based in Nixa, Missouri. Terms were not disclosed. Snyder will operate as a division of NYAB.
Nordson Corp. completed a two-year construction of a new 14,380-square-meter facility in Münster, Germany, serving as a global hub for BKG pelletizers and melt-delivery components. The facility triples space and employs 339 workers.
John Deere and Wacker Neuson have entered a supplier agreement for Wacker Neuson to build Deere-badged compact excavators (1.7-7.5 tonnes) at its Pinghu, China factory for the Asia-Pacific market.
Liebherr-France SAS in Colmar, France, invested €5 million in a new assembly line for its Generation 8 excavators, with 26 workstations and output of 5 excavators per day.
C&B Machinery of Brighton, Michigan, received an order from a major North American manufacturer of large construction and mining equipment to supply a specialty grinder for grinding large connecting rods. The grinder will be built using a remanufactured Mattison 100C-5 base machine.
Severstal has agreed to buy a Korean compressor for its Cherepovets Iron and Steel Works, with first deliveries scheduled for autumn 2019. The investment exceeds 500 million rubles and aims to cut electricity consumption.
GNA Alutech Inc., a Canadian furnace designer for the aluminum industry, announced it will become a member of EBNER Group, headquartered in Leonding, Austria. The merger aims to strengthen the group's position in the Americas and worldwide.
CA Brill GmbH, a technical wholesaler for industrial supplies and building hardware, acquired Hild-Löbbecke GmbH, a specialist in welding technology and industrial supplies, as of January 1, 2020. The combined companies have 150 employees and a turnover of over 50 million euros.
Newbow Aerospace is expanding its manufacturing and production facility in Redditch, UK, doubling production capacity and increasing workforce by 30%. The expansion is due to be complete by Spring 2019.
Maxon Precision Motors Inc. is opening a new design engineering and production facility in Taunton, Massachusetts, covering 60,000 square feet, with a grand opening scheduled for March 19, 2019.