Rostselmash plans to organize production of 5 tractor series and 4 types of road-construction machinery at its new tractor plant. The project involves investments of at least 6 billion rubles and will create up to 1,850 jobs, with annual capacity of up to 5,000 units of self-propelled machinery.
Zhejiang Rifa Precision Machinery and Jianlong Harbin Bearing Group signed a strategic cooperation agreement and an equipment procurement contract for 9 production lines, with a total contract value of 31.648 million yuan.
Desktop Metal announced the acquisition of Aidro, an Italian hydraulic and fluid power component developer that uses additive manufacturing for oil, gas, energy and aerospace parts.
Rollon, part of Timken, has acquired Intelligent Machine Solutions (iMS) to expand its linear actuator modules and robotic transfer units.
Gillespie & Powers Inc. completed the acquisition of Thorpe Holding Company, including Thorpe Technologies Inc. and JT Thorpe Inc., both located in San Dimas, California. The companies will continue to operate independently.
Milwaukee Tool will lease 357,000 square feet of a former Delphi building in Clinton, Mississippi, as an expansion of its Jackson operations. The company will invest over $7 million and create 1,200 jobs in the region.
FT Gearing acquired and is installing a new Mazak Integrex i-100s multi-tasking machine tool to produce parts to tight tolerances in one-hit.
M.H. Eby, Inc. announced a second manufacturing facility in Story City Business Park, Iowa, a 40,000 square foot plant to produce aluminum equipment trailers and truck bodies. Production is expected to begin in Q1 2022.
MAN Energy Solutions subsidiary DWE won an order from Wanhua Chemical to deliver three salt-operated reactor systems for a new maleic anhydride plant in China, with an overall capacity of 200,000 tons per year. The plant produces PBAT for biodegradable plastics.
Burckhardt Compression was selected to supply three process gas compressor systems for a hydrogen liquefaction plant in South Korea, the largest of its kind worldwide, able to produce up to 90 tons of liquefied hydrogen per day. Production is planned to start in 2023.
ABB has been contracted by machine supplier Voith to deliver drives and electrification for SCA's new kraftliner machine PM2 at its Obbola mill in Sweden, which will increase annual production from 450,000 to 725,000 tonnes.
SMS group received an order from Hirschvogel Automotive Components (Pinghu) Co., Ltd. to supply a fully automated MP 3150 closed-die forging press for its Pinghu facility near Shanghai, China, to forge aluminium chassis components for electric vehicles.
Arginta Engineering, a Lithuanian engineering and metalworking company, announced the acquisition of a nearly 20,000 sqm plant in Outokumpu, Finland, previously owned by Metso Outotec Group. The deal is expected to be finalized on October 1, 2021.
Cavagna Group, with partner Nirmal Industrial Controls, acquired REPCo Srl, a Milan-based process design house that engineers and supplies process plants and equipment for power, gas, oil and petrochemical fields. The deal was announced on 7 September 2021.
Grandweld Shipyards has been awarded a contract by Specialities Construction (SCC) to build four 27.5m 50 tonne bollard pull tractor tugs for operation in Shuwaikh Port, Kuwait.
Roscomac ordered a second automated Brother Speedio/Feedio production cell from Whitehouse Machine Tools, delivered in April 2021, as part of a £4 million investment in 5-axis machining.
Sanlian Transmission Machinery Co., Ltd. broke ground on a CNY590 million plant in Pingyang County, Zhejiang, to produce 130,000 industrial robot reducers and RV reducers annually, with expected annual output value of CNY815 million.
OTTO FUCHS KG has ordered a fifth Schuler PK 3150 crank forging press with ServoDirect technology for its Shenyang factory in China to meet demand for aluminum chassis components.
Viridi Parente is expanding its facility in Buffalo, New York, to manufacture Green Machines, battery-powered construction equipment. The expansion involves renovating 70,000 square feet of the plant, with a target of 1,000 machines in the field by end of 2022.
Oukei Co., Ltd. reported that its fundraising project 'Annual output of 40 million high-end CNC blade intelligent manufacturing base construction project' is progressing smoothly and is expected to complete the initial construction by the end of 2021. The company also plans to invest no less than 500 million yuan to build a CNC tool industrial park in Zhuzhou High-tech Zone.
Alta Equipment Group Inc. entered into a definitive agreement to acquire Gibson Machinery, a privately held premium equipment distributor based in Oakwood Village, Ohio. The acquisition expands Alta's construction equipment footprint to 32 locations in eight states.
Ingersoll Rand said on September 2, 2021 it will not take part in SPX Flow's exploration of strategic alternatives, including a sale or merger. SPX Flow earlier rejected Ingersoll's $3.59 billion buyout bid in July.
V-NASS a.s. in Ostrava, Czech Republic, installed a 60-metric ton WFL M150 Millturn machine last fall (2021) to focus on complex production processes for oil-and-gas, nuclear power, and metallurgical manufacturing. The machine was delivered from stock and fully retrofitted by WFL Millturn Technologies.
Hiab is immediately recruiting 100 additional roles at its existing Dundalk facility, adding to the current 300 workforce.
Hardinge Inc. has acquired Ohio Tool Works, a manufacturer of high precision honing machines, tooling and abrasives, from Artemis Capital Partners. The acquisition enhances Hardinge's machine tool and workholding portfolio.
Everything Attachments, a manufacturer of farm implements and tractor attachments, will invest $20 million to construct a new 105,000-square-foot facility in Catawba County, North Carolina, creating 147 jobs.
Decom srl, a manufacturer of gas turbine and compressor baseplates, started transferring to a new plant in Salerno in 2021, with a production area more than tripled compared to its historic site.
Cargotec subsidiary Hiab plans to invest over €50 million in a new factory in Dundalk, Ireland, to manufacture Moffett truck-mounted forklifts, creating 100 manufacturing jobs. Production is expected to begin in 2023.
Hainbuch has acquired Vischer & Bolli Automation. The announcement was made in September 2021.
Rockwell Automation acquired Plex Systems, a provider of cloud-based SaaS manufacturing solutions, for $2.22 billion. The acquisition enables Rockwell to offer comprehensive digitalization for manufacturers of all sizes.
Butech Bliss acquired LM Equipment & Design and Lehmann Mills, both located in Salem, Ohio. The acquisition expands Butech Bliss's capabilities in coil processing and rolling mill equipment for the metals industry.
A.L.M.T. Corp., a Sumitomo Electric group company, was awarded a 3.5-billion-yen contract by the National Institutes for Quantum and Radiological Science and Technology (QST) to supply tungsten monoblocks for the ITER fusion reactor in France. A.L.M.T. will set up a new mass production line at Sakata Works starting September 2021.
Precinmac, a diversified manufacturer of high-precision machined components, has acquired Major Tool & Machine, an Indianapolis-based company specializing in large-format machining for aerospace, defense, and other markets.
MAN Energy Solutions won a contract from Aker Solutions to supply five subsea HOFIM compressor units for Chevron's Jansz-Io compression project off Western Australia, which supports gas recovery at the Gorgon LNG project.
STX Heavy Industries announced on September 1, 2021 that it signed ship engine supply contracts with Daeshin Shipbuilding worth 23.2 billion won and 12.4 billion won, totaling 35.7 billion won as stated in the headline.
CSG Energy (China Southern Power Grid Energy) signed an energy托管 (energy management) contract with Chongqing International Composites for a compressed air centralized supply project at the Changshou plant. CSG Energy will invest, build and operate an efficient compressed air station using a BOT model.
Valmet successfully started up a new kraftliner production line, PM 27, at Klabin's Puma Project in Ortigueira, Paraná, Brazil on August 30, 2021. The line is part of Klabin's Puma II project, which aims to produce 910,000 tonnes of packaging paper annually.
Hanwha Cimarron will spend $51 million to build a production facility in Opelika, Alabama, expected to produce 4,000 high-pressure tanks per year when construction completes next year.
The Danish Defence Acquisition and Logistics Organization published a tender for service, maintenance, spare parts and possible new high-pressure breathing air compressor systems for about 80 BAUER compressors. The tender was published on 31 August 2021, with a bid deadline of 20 October 2021.
Hengli Hydraulic plans to issue new shares to as many as 35 institutional investors to raise CNY5 billion (USD773 million), with funds going to projects in Mexico, Changzhou and working capital.
Hengli Hydraulic plans a CNY1.2 billion project in Santa Catarina, Nuevo Leon, Mexico, with annual capacity for oil cylinders, special cylinders and hydraulic pumps and motors. No construction schedule was given.
Atlas Copco acquired NATEV GmbH of Borken, Germany, a maker of positioning solutions for assembly tools, to expand its industrial technique business area. Financial terms were not disclosed.
Fairbanks Morse Service, the aftermarket division of Fairbanks Morse Defense, was awarded a five-year IDIQ contract by the Military Sealift Command and US Navy for parts and maintenance repair services, announced August 31, 2021.
Aker Solutions awarded MAN Energy Solutions a contract to supply five Subsea HOFIM compressor units for Chevron's Jansz-Io Compression project offshore Western Australia, part of the Gorgon gas development.
TCI Precision Metals has installed a second OMAX 80X waterjet machining center at its Gardena, California facility to meet growing demand for precision machine-ready blanks and specialty parts.
TMC Compressors was contracted by Jiangnan Shipyard to supply energy-efficient Smart Air compressors for four VLGCs being built for Tianjin Southwest Maritime. The contract value was not disclosed.
NSH USA Corporation purchased land and buildings at 47 Broadway in Albany, New York for construction of a new manufacturing technology center to expand its footprint and house the Niles Technical Application Center.
Manitowoc expanded production of larger Grove rough-terrain cranes (up to 100 t capacity) to its Niella Tanaro, Italy plant, previously only made in Shady Grove, Pennsylvania. The first large RTs shipped in June 2018.
Setco Sales Co., a manufacturer of spindles and precision parts, will relocate its headquarters from Cincinnati to Boone County, Kentucky, investing $6.25 million and creating 30 jobs. The new facility will expand production capacity for spindles, slides, and milling heads.
CNH Industrial has signed an agreement to purchase 90% of Sampierana S.p.A., an Italian manufacturer of earthmoving machines and undercarriages, for €101.8 million. Closing is expected in Q4 2021, with full control to be obtained over four years.