Hexagon AB signed an agreement to acquire Volume Graphics, a market leader in industrial CT software, on November 22, 2019. Volume Graphics, headquartered in Heidelberg, Germany, had 2018 sales of 25 million EUR and employs around 160 people.
Japanese machinery maker Nissei Plastic Industrial will complete its purchase of 75% of Negri Bossi SpA's shares in early 2020 and buy the remainder over the following few years.
GF Machining Solutions opened a new headquarters in Biel, Switzerland, consolidating multiple facilities. The 100 million Swiss franc (about 91 million euros) facility will house 450 employees and manufacture 65 machines per month.
Tepro Machine & Pac System (TMPS) in Torsby is expanding its facility by 1,200 square meters at a cost of 18-19 million SEK. The expansion is expected to be completed around the turn of the year.
Rudrax Industries is setting up a new manufacturing facility to produce Thermobond nonwoven machines, expected to be operational from 2020. The expansion will increase production capacity from 6-7 units per annum.
Anova, a New Jersey-based industrial IoT solutions provider, announced a merger with Silicon Controls to enhance its role in the LPG and propane industry globally.
Rockwell Automation and ANSYS announced a strategic partnership to provide customers with simulation-based digital twin solutions for design, automation, production and lifecycle management. The partnership was announced at Rockwell Automation's Automation Fair in Chicago.
AxFlow Denmark acquired Trio Trykluft A/S, strengthening its compressed air provision and service business, located in Slangerup, Denmark, announced 19 November 2019.
Compact Construction Equipment, LLC, a Bobcat dealer in Texas, has acquired Bobcat of Abilene, expanding its footprint in West Texas. Financial terms were not disclosed.
Metalcraft of Mayville acquired VersaTran Inc., a manufacturer of the Retriever product line for equipment transport, from Dick Bertrand. All VersaTran employees will be retained.
Taiwan-based Quaser Machine Tools acquired Winbro Group Technologies, a UK/US provider of laser and EDM machining solutions for aerospace and gas turbine industries.
Antares Vision acquired 100% of FT System S.r.l., a leader in inspection and control systems for the beverage industry, for an equity value of €67.7 million. The acquisition includes FT System's subsidiaries in France and the US.
Xenon Private Equity VII acquired the C.B.G. Acciai Group, a manufacturer of high precision tools and band saws, from the Filippini family. The group has production sites in Italy, Romania, France, Switzerland and China.
HQ Equita has acquired a majority stake in WOLF Verpackungsmaschinen GmbH, a manufacturer of vertical form fill seal packaging machines. The transaction closed on 6 November 2019. WOLF will join FAWEMA and HDG under The Packaging Group platform.
Okada Seiki Danyang Co., Ltd. invested 120 million yuan to upgrade and expand capacity, building an 18,000-square-meter standardized plant with advanced CNC equipment. The new facility has commenced production, with expected annual sales of 500 million yuan.
Coins Co. signed an investment agreement with Yeosu city to build a factory on a 9,900 m2 site in the Yulchon 1 industrial complex, producing synthetic pigs and pipe-inspection robots, for 7 billion won, with work planned from January to December 2020 and 15 hires.
China General Technology Group (Genertec) invested 18 billion yuan to acquire 29.99% of Shenyang Machine Tool Co., Ltd. (SMTCL) and 35 billion yuan for 57% of Shenyang Machine Tool Group, becoming the largest shareholder in both entities after their restructuring.
Weber Maschinenbau inaugurated its new plant in Werther, North Rhine-Westphalia, producing components and format and cutting tools for packaging machines. The building was delivered with C + P, which built the steel structure and outer shell.
MacDon, a subsidiary of Linamar Corporation, opened a new 15,000 sq.ft. research and development facility in Sun Prairie, Wisconsin. The center will focus on agricultural harvesting equipment and is expected to grow from 10 to at least 20 employees over five years.
Rototilt announced its plant extension project in Vindeln, Sweden is entering Phase 2, with a 4,200 square metre expansion to double production capacity. The project started in Spring 2019 and is expected to be complete by Spring 2020, costing SEK 160 million.
Konecranes has been chosen to supply nine cranes, including four automated roll storage cranes, for Green Bay Packaging's new $500 million paper mill in Green Bay, Wisconsin.
Konecranes has been chosen by Green Bay Packaging to supply nine cranes, including four automated roll storage cranes, for a new $500 million paper mill in Green Bay, Wisconsin. The mill will produce 685,000 tons of recycled kraft paper annually.
Nidec Motor Corporation expanded its Monterrey, Mexico manufacturing facility by 60,000 square feet with a $2.3 million investment to increase production capacity for industrial electric motors.
SKAKO Vibration, a subsidiary of SKAKO A/S, completed the acquisition of Spanish vibratory equipment producer DARTEK to strengthen its presence in the recycling market.
Doosan Bobcat announced a $26 million expansion of its Litchfield, Minnesota manufacturing facility. The project will triple the physical size to nearly 200,000 square feet and triple the workforce from 100 to 300 employees, with completion expected by September 2020.
Quaser Group PLC, a Taiwanese machine tool manufacturer, acquired Winbro Group Technologies Limited, a UK-based provider of manufacturing solutions for aerospace and industrial gas turbine industries, for a combined sales of over $110 million.
Rostec announced the construction of a 15,000-square-metre logistics centre on the territory of its subsidiary POZIS in Zelenodolsk, Tatarstan, with an investment of 300 million rubles, to consolidate warehouse operations for refrigerators.
Sumitomo Heavy Industries (SHI) finalized a £100 million deal to acquire Invertek Drives Ltd, a Welsh manufacturer of variable frequency drives. The acquisition will support SHI's international growth strategy and lead to investment in Invertek's development in Mid Wales.
Mitutoyo Corporation agreed to purchase the remaining 49% of Mitutoyo Leeport Metrology Corporation from Leeport Machine Tool Co., Ltd., becoming the sole shareholder to unify strategies in the China market.
DMG MORI has announced a strategic partnership with IN4.OS US LLC to construct Smart Factories of the Future. The first factory, IPSUM Technologies LLC, will be located in Pickens County, South Carolina and will operate DMG MORI 5-axis machining centers.
Kaeser Kompressorer AB will supply four oil-free screw compressors, each rated 300 kW, for Scania's new Södertälje foundry. The compressors will be monitored with SPM's Intellinova Parallel EN online system.
The Legacy Companies has completed the acquisition of Qingdao Orien Commercial Equipment Co., a Chinese manufacturer of ice machines and refrigeration equipment. The deal was announced on July 29, 2016.
Sewtec, an industrial automation specialist, will relocate to a 75,000 sq ft facility in Wakefield, more than double its current premises. The multi-million pound investment will create over 70 new jobs and is expected to be operational by March 2020.
The European Commission approved Mitsubishi Heavy Industries' acquisition of sole control over Primetals Technologies, a metallurgical plant designer, from joint control with Siemens.
Maicopresse will supply Teksid Aluminum (FCA group) with a die casting machine model GK 2500 to cast three and four cylinder engine blocks of light metal alloys.
Takamatsu Machinery announced on November 11, 2019, it will invest ¥3.5 billion to build a new factory. Construction starts in April 2020, with operations beginning in April 2021.
Schramm II Inc., newly formed and fully owned by private equity firm Gen Nx360 Capital Partners, completed the purchase of substantially all assets of Schramm Inc. through a Section 363 bankruptcy sale. Schramm Australia was also acquired as part of the assets.
Grupo Industrial Ferruz will invest 15 million euros to consolidate all its sites into a new 130,000 sq m plant in the Parque Tecnológico de Reciclado in Zaragoza, doubling production capacity and creating 75 jobs. The article's text refers to 2018 timelines, so the date may be inaccurate.
Marr Contracting was awarded a craneage contract by the DLSY Joint Venture to provide two M2480D tower cranes for the construction of the 1915 Çanakkale Bridge in Turkey, the world's longest suspension bridge.
The Federal Ministry of Transportation and CCECC held the ground-breaking ceremony for a railway wagon assembly plant in Kajola, Ogun State. The plant will have capacity to produce 500 wagons per year and generate about 5,000 jobs.
DIDION is supplying a Rotary Sand Reclaimer for Scania's new foundry in Södertälje, Sweden. Scania is investing about SEK 1.5 billion in the foundry to triple production capacity.
Mammoet has been awarded the heavy lift and transport scope for a refinery expansion in Beaumont, Texas, that will increase crude refining capacity by over 250,000 barrels per day. The project is expected to create up to 1,850 construction jobs and be completed in 2022.
Kawasaki Precision Machinery reorganized its K3VL axial piston pump machine shop at its Plymouth plant, purchasing two Heller H2000 HMCs in October 2018, nearly doubling productivity for pump cases and valve covers. Annual production is around 20,000 of each component.
Iowa Fluid Power (IFP) has begun construction on a $5.7 million expansion adding 44,000 square feet at its Cedar Rapids, Iowa site for manufacturing and distribution. The article is dated November 2019.
Shanghai Waigaoqiao Shipbuilding awarded TMC Compressors of the Seas a contract to supply the marine compressed air system for the Liza Unity FPSO, to be deployed at the Liza field offshore Guyana; value undisclosed.
Citizen Machinery, a subsidiary of Citizen Watch, will invest about 3 billion yen to build a new automatic lathe factory in Shandong, China. The plant is expected to start production in February 2021, with monthly capacity of 350 units, doubling current output.
Nikon Corporation and DMG MORI CO., LTD. have concluded a memorandum of understanding for a comprehensive business alliance to boost Nikon's material processing business and develop advanced DMG MORI machine tools using Nikon's measurement and camera technologies.
Shorehill Capital acquired an ownership interest in Triad Technologies, a Vandalia, Ohio distributor of industrial fluid power and automation products, alongside management and the Wissman family; terms were not disclosed.
Time Manufacturing Company/Versalift, a manufacturer of aerial lifts, acquired BrandFX, a manufacturer of composite service bodies and fiberglass components for specialty equipment. BrandFX will continue operations in Fort Worth, Texas.
Bosch Rexroth broke ground on an expansion of its customer and innovation center in Ulm, Germany. The new building will house a customer forum and model factory for Industry 4.0, and is expected to be completed by spring 2021.