SMEC (SMEC Co., Ltd.) signed a KRW 7 billion contract with Jinwoo Engineering to supply CNC machine tools for a Vietnamese factory. The equipment will be used for processing parts for a Korean electronics company's communication and smart devices, with delivery scheduled from October to December 2020.

Beijing Fengdian Jinkaiwei Group signed an agreement on August 19, 2020 to set up a 300 million yuan hydrogen compressor project in the Changshu High-tech Zone, with a 25,000 sq m plant and annual sales of 500 million yuan expected at full production.

Dover Precision Components opened a new roughly 12,000 sq ft Innovation Lab in Houston, Texas, housing test rigs for fluid film bearings and reciprocating compressor components.

Miura Industry's Chinese subsidiary started operating a new plant in Suzhou making gas-fired industrial boilers, raising combined annual capacity to 5,000 units, about 2.5 times the previous level. The investment was about 2.6 billion yen.

FATHOM, a CORE portfolio company, acquired GPI Prototype & Manufacturing Services, a metal additive manufacturing services provider. The acquisition was announced on August 20, 2020.

Luff Engineering, a West Midlands subcontract machine shop, has invested in a 5-axis machining centre from Romi Machines.

Buyers Products, maker of SnowDogg snow plows, is adding a 300,000-square-foot addition to its headquarters at 9049 Tyler Blvd in Mentor, Ohio, with completion expected by next year.

Valmet will supply start-up clothing, including forming fabrics, press felts, shoe press belts and dryer fabrics, to Stora Enso's Oulu Mill in Finland for the rebuilt BM 7. The delivery is scheduled for the end of 2020.

Ju Teng International (03336) announced it will purchase production equipment from Yamazen Co., Ltd. for a total consideration of approximately HKD 163 million, to be used at its production plants in China for manufacturing metal casings.

Czech-based Witkowitz concern plans to invest over EUR 50 million to establish new production facilities at the Dnipro-based Pivdennyi machine-building plant (Pivdenmash) in Ukraine, focusing on overhaul of railway diesel engines and production of hydrogen engines. Production launch is tentatively planned for the end of 2020.

Xingang Thermal Energy broke ground in Zhangzhou Development Zone on a 150 million yuan plant making large permanent-magnet screw air compressors, with 8,000 wan yuan projected annual sales.

Zhangzhou Manma Li Automation Machinery broke ground on a high-speed internal mixer manufacturing project in Zhangzhou Development Zone with about 160 million yuan investment, expected to start production in 2022.

Sandvik Mining and Rock Technology has signed an agreement to acquire Allied Construction Products LLC, a U.S. distributor of hydraulic hammers and manufacturer of compactor plates and mounting brackets. The transaction is expected to close during Q3 2020.

Kubota announced on August 17, 2020, that it will build a new plant in Kansas, USA, to produce compact track loaders. The investment will be up to JPY 10 billion by 2026. Construction is expected to start in summer 2021, with mass production beginning in September 2022, targeting 5,000 units annually by 2026.

Diversified Product Development broke ground on a new 60,000-square-foot headquarters and production facility in Waco, Texas, scheduled for completion in January 2021. The company plans to hire additional workers after moving in.

ROTZINGER GROUP AG acquired the Viersen, Germany site and most of its product portfolio from Syntegon Technology GmbH, including filling and sealing machines and process technology for bars and sugar confectionery. The deal is subject to antitrust approval.

Ningshing Special-steel Group (NSSG) and Jiangsu Henry Modular Machine-Tool (JHMMT) held a kick-off meeting on August 15, 2020 to launch a new comprehensive strategic cooperation, aiming to jointly build a leading intelligent high-end equipment manufacturer.

Consolidated Machine & Tool Holdings, a portfolio company of White Wolf Capital, acquired Waiteco Machine, Inc. and Specialty CNC, Inc. on August 14, 2020. The acquisitions add manufacturing capacity and CNC capabilities. Terms were not disclosed.

Hardin Industries Inc. plans to build a new 50,000-square-foot facility in Lacon, Illinois, creating about 65 new jobs. Construction is expected to start in March 2022 and be completed by September 2022.

Babcock Borsig Service Arabia Ltd., part of Bilfinger, signed its first digitalization contract in the Middle East with Saudi Tabreed Operations & Maintenance Co. for the Bilfinger Connected Asset Performance (BCAP) platform.

Guhring Ltd has installed a new nine-axis CNC grinding centre at its UK manufacturing facility in Birmingham for the production of special cutting tools, adding capacity to the existing 11 grinding centres.

Mumbai-based DCC Group, through its 3Q Printing Technologies, acquired Grafica Flextronica, a manufacturer of screen printing devices and industrial dryers. Financial terms were not disclosed. Bhargav Mistry of Grafica Flextronica will lead the 3Q team as managing director.

Samkwang Glass announced a merger with ITEC Construction and Kunjang Energy to form a comprehensive energy company. The merger ratio is 1:2.57:1.71 per share. The extraordinary general meeting is set for September 29, 2020, with the merger expected to be completed by the end of October 2020.

Great Plains Manufacturing, a Kubota subsidiary, announced a $53 million expansion project in Salina, Kansas, including purchase of a 750,000 sq ft building, to assemble Kubota compact track loaders. The expansion will add approximately 130 jobs.

Pittsburgh-based Benshaw Inc. acquired Excel Industrial Electronics Inc., a drive systems and automation company headquartered in Clinton Township, Michigan.

Kubota will transfer part of its compact track loader production for North America to a new plant in Salina, Kansas, run by subsidiary Great Plains Manufacturing. Mass production is set to start in 2022, with an investment of about $53 million.

Dormer Pramet, a division of Sandvik Machining Solutions, has acquired Indian tooling supplier Miranda Tools, which manufactures high-speed steel and solid-carbide round tools.

Wirtgen China's new factory in Langfang delivered its 8,888th machine, a new-generation 2-meter milling machine. A second-phase expansion project with an investment of 200 million yuan has started construction.

Gorbel, a manufacturer of material handling and fall protection equipment, is expanding into a former Getinge facility in Henrietta, New York. The expansion will add about 60 jobs, including welders and assemblers, to be filled by end of 2020.

Braskem partnered with Titan Robotics to launch a new polypropylene resin pellet for industrial 3D printing, optimized for Titan's Atlas line of dual extrusion printers. The material is commercially available for large-format production parts.

German timber building contractor Heims Holzbau took delivery of three new Liebherr L1-32 self-erecting tower cranes, which went to work on residential and light industrial buildings south of Hamburg.

Strongco Corporation entered an agreement with Eco Log Group to become the exclusive dealer for their harvester and forwarder product lines throughout Canada.

Lasea Group, a Belgian precision laser machine manufacturer, purchased a majority share of Optec, a Belgian and U.S.-based laser micromachining company specializing in UV and ultrashort-pulse lasers. The merger creates a combined entity with over 110 employees across four countries and more than 1,000 systems installed globally.

Fermat CZ awarded a contract to Heidenhain for the supply of machine sub-groups for R&D of special machining and milling machines H180 and WPT130, valued at CZK 1,425,000. The contract was published on August 10, 2020, and awarded on October 26, 2020.

Rotating Machinery Services (RMS) announced the acquisition of the AC Compressor business from Baker Hughes, a GE Company, including its personnel, intellectual property, tooling and CONMEC compressor drawings and designs.

Arnold Machine Inc. has acquired the Findlay Machine and Tool division. AMI will manufacture FMT equipment at its plant in Tiffin under the FMT brand and is adding 13 employees from FMT to its staff.

Transnet Engineering and Mozambican railway operator CFM have signed a rolling stock supply agreement valued at over R400 million for the manufacture, supply and delivery of 300 high-sided Gondola-type freight wagons.

Samsung Engineering awarded Siemens Energy an order to supply 20 compressor trains for Saudi Aramco's Hawaiyah Unayzah Gas Reservoir Storage project, located about 260 km east of Riyadh. Siemens will build the trains at its Dammam facility.

Manitowoc Crane Company expanded its Manitowoc, Wisconsin facilities with a $25 million project including a high bay heavy assembly addition, pack and ship building, plate processing addition, and boom weld addition. The expansion supports production of a new ultra large crawler crane with over 1 million pounds capacity.

Nexa3D, a maker of stereolithography 3D printers, acquired all outstanding shares of NXT Factory, a pioneer of Quantum Laser Sintering 3D printers, to broaden its product line and double its addressable market.

State-owned Malyshev Plant in Ukraine purchased three CNC machining centers from South Korea's Hwacheon for 28.92 million UAH, supplied by Dnepropetrovsk Engineering and Technical Center Kontakt.

Tong Engineering completed and commenced operation of its new £3.6 million manufacturing facility in Spilsby, UK. The first phase building is part of a two-phase project on a seven-acre site, featuring increased production capacity and state-of-the-art equipment.

The Western Australian government will invest $40 million to expand the Metronet Railcar Manufacturing and Assembly facility in Bellevue to include maintenance of new Australind diesel multiple units, manufactured by Alstom.

Toscotec will supply an AHEAD 2.2S tissue line on a full turnkey basis to WEPA's Piechowice mill in Poland. The project is planned with start-up set for the third quarter of 2021.

Tokyo Seimitsu (Tokyo Precision) completed a new building at its Tsuchiura plant in Ibaraki Prefecture, Japan, investing about 3 billion yen to increase production capacity for precision measuring instruments by 1.5 times. The new MI (Manufacturing Innovation) building has a total floor area of 5,843 m² and includes five new processing machines.

Weir Oil & Gas Dubai signed a multi-year, multimillion-dollar contract with an unnamed major gas company in Iraq for fabrication, workshop-machining and field services supporting brownfield modifications and rotating equipment maintenance. The announcement is dated 5 August 2020.

eschbach announced a partnership with Novaspect to offer eschbach's Shiftconnector digital manufacturing software to Novaspect's customers in the upper Midwest U.S.

Lam Research and VELO3D announced a joint development agreement to collaborate on metal additive manufacturing applications for semiconductor capital equipment. Lam Capital will also invest an undisclosed amount in VELO3D.

Schneider Electric finalized the acquisition of ProLeiT AG, a provider of process control systems and MES for food & beverage and chemicals, after antitrust approval.

CECO Environmental agreed to form a joint venture combining its Effox-Flextor damper business with the damper business of Mader Machine Co., a CHIEF Capital portfolio company. CECO will hold 70 percent of the equity and consolidate the joint venture.