Anaconda Equipment broke ground on a new factory in Northern Ireland that will give it significantly more manufacturing capacity, serving as a central manufacturing hub for Anaconda and some McLanahan equipment.
SEW Eurodrive (China) Investment Co., Ltd. signed an investment cooperation agreement with TEDA to invest $150 million in building an intelligent manufacturing base in Tianjin, China, producing motors, reducers, inverters, and servo control systems.
John Deere and Carraro Agritalia signed a new worldwide development and supply contract for the John Deere 5G tractors, continuing their long-term partnership.
SECO/WARWICK received an order to supply a Vector vacuum furnace to Indian fastener maker Sundram Fasteners for heat treating aviation bolts. It is the second project between the two companies.
Machinery Oy, part of Boreo, acquired the machining business operations of Moottorikoneistus Ojala Oy (GT Motor) on May 1, 2022. The business will be transferred to Machinery's facilities in Vantaa during autumn 2022. GT Motor's 2021 net sales were approximately 0.2 million euros.
Tongli Heavy Industry Co., Ltd. held a production ceremony for its Xipo base in Fengdong New City, Xi'an, Shaanxi, on May 27, 2022. The 228-mu (approx. 15.2-hectare) facility, with a total investment of 1.2 billion yuan, will produce 6,000 non-road wide-body dump trucks annually and create over 1,200 jobs.
Grotnes and Nova Sidera announced a partnership to provide broader metalforming capabilities, stronger U.S.-based support, and collaborative engineering for metalforming projects.
Japan's Rengo Group agreed to acquire Thimm Packaging Systems, the industrial goods division of Germany's Thimm Group, with the price kept confidential. The takeover awaits Federal Cartel Office approval, expected within weeks.
VSM Abrasives is expanding its plant in O'Fallon, Missouri with a 50,000 sq. ft. addition and $6 million capital investment to increase production capabilities.
Doosan Machine Tools announced it will change its name to DN Solutions, effective June 2, 2022, following its merger with DN Automotive, which became its parent company in January 2022.
May River Capital launched Automated Handling Solutions, a new platform created by merging Spiroflow and Cablevey Conveyors. Spiroflow is a material handling machinery manufacturer, and Cablevey specializes in tubular drag conveyor solutions.
Škoda Group was awarded a contract by Västtrafik AB to repair and modernize 80 M31 trams in Gothenburg, Sweden. The work will take place at the Škoda Group's plant in Ostrava, Czech Republic, from 2022 to 2027, with a total value of almost €80 million.
Automation machinery maker Mühlbauer Inc., the US subsidiary of Germany's Mühlbauer Group, will invest $9 million to upgrade its Oakland Industrial Park facility in Newport News, Virginia, adding production equipment and creating 32 jobs.
ChTZ-Uraltrak (part of Uralvagonzavod/Rostec) and Concern Tractor Plants will create a joint venture to develop and produce road-building machinery in Chelyabinsk, Russia.
Benchmark Space Systems signed a contract with Space Forge to provide propulsion systems for the ForgeStar-1 in-space manufacturing and return demonstration mission. Benchmark also opened a manufacturing and testing facility in Aylesbury, England.
Ningbo Haitian Precision Machinery Co., Ltd. won a bid to supply a five-axis machining center to China Aviation Power Co., Ltd. for 4.39 million yuan.
Novair, a French in-house gas systems manufacturer, acquired America Energy Inc., a Florida-based maker of air compressors and medical gas systems, effective May 20, 2022. Terms were not disclosed.
United Aircraft Corporation (UAC) and Mechanics Machine tool Holding signed a strategic partnership agreement for technical re-equipment of aviation industry enterprises, R&D, and machine tool engineering. UAC's need for machine tools is over 300 units by 2026, with plans to replace CNC systems on up to 100 units per year for 5 years.
Komatsu signed a contract with Suzano to supply forestry equipment, including planters and harvesters, for Suzano's new factory under construction in Ribas do Rio Pardo, Mato Grosso do Sul, Brazil, with deliveries in 2022.
Pronar opened a new production hall of nearly one hectare in Siemiatycze, Poland, on May 20, 2022, to manufacture mobile crushers and screeners for construction, mining and recycling.
TYM Group plans to invest over $20 million in manufacturing facilities in Rome, Georgia, USA, including a 142,500 sq ft factory and expanded parts center, to increase annual tractor production from 30,000 to 50,000 units. Construction starts May 2022 with completion by June 2023, creating over 150 jobs.
Sandvik has signed an agreement to acquire Preziss, a Spanish provider of cutting tools and solutions for aluminum and composite machining. The transaction is expected to close in Q3 2022.
South Korean agricultural machinery manufacturer TYM will build a tractor plant in Rome, Georgia at a cost of $20 million. The 13,223-square-meter facility will include component manufacturing and a training center, targeting completion in June 2023, and will help increase annual tractor production capacity to 50,000 units.
Milwaukee Tool held a groundbreaking ceremony for a new 563,000-square-foot production facility in Grenada, Mississippi. The plant will produce over 100 million SAWZALL blades annually and create over 800 jobs, with opening expected in 2023.
Yamazaki Mazak purchased a new Studer S41 CNC universal cylindrical grinding machine for its European Manufacturing Plant in Worcester, UK. The investment improves in-house grinding capabilities and eliminates the need to outsource thread grinding.
Caterpillar Brasil inaugurated a new assembly line at its Campo Largo plant, investing R$ 60 million and hiring 400 new employees. The plant becomes the only one in Brazil to produce mini loaders, and production capacity is expected to double.
Bellota Herramientas invested nearly EUR 4 million in a new automated manufacturing line at its Legazpi plant, doubling production capacity for hoes and hammers. The line will produce 7,200 hoes and 4,000 hammers per day at full capacity by end of 2022.
CGG announced that its Sensing & Monitoring division, Sercel, has acquired Geocomp Corporation, a specialist in geotechnical risk management and infrastructure monitoring based in Acton, Massachusetts. The acquisition gives Sercel access to the U.S. infrastructure market.
Sartorius opened a new 10,000-square-meter building with about 2,400 square meters of clean rooms at its M'Hamdia site in Tunisia, after investing more than 20 million euros to increase fluid management production.
Black Bay Energy Capital acquired a majority interest in Advanced Industrial Devices, a provider of electric motor automation and control solutions, from Rock Island Capital. AID will remain headquartered in Tulsa, Oklahoma.
Sartorius is building a new 58,000-square-foot manufacturing facility in Havant, Hampshire, UK, to produce downstream processing equipment for injectable drugs. The expansion was announced on 18 May 2022.
Sartorius is expanding its UK presence with a new 58,000-square-foot manufacturing facility in Havant, Hampshire, to produce downstream processing equipment for injectable drug manufacture.
GOST opened the first phase of its crane plant in Lvovskoye, Seversky District, Krasnodar Krai, on May 17, 2022. The plant produces console, gantry, and bridge cranes, and spare parts for tower cranes, with plans for at least four workshops totaling 10,000 sq m.
Nicolás Correa S.A. acquired 88% of NC Service Milling Machines S.A. from Inmobiopres Holding S.A. for €2.42 million. NC Service Milling Machines specializes in installation, after-sales service, and maintenance of machine tools.
Bystronic Maschinenbau GmbH held a groundbreaking ceremony for a €1.2 million expansion building at its Gotha site in Thuringia, Germany, to better integrate development and production for sheet metal processing machines. Completion is scheduled for September 2022.
ANDRITZ has received an order from Stora Enso to rebuild bleach plant no. 4 at the Skutskar Mill in Sweden, with start-up scheduled for the second quarter of 2023. The investment will increase mill capacity and reduce carbon footprint.
The pro-beam Group and Guilin Shida Technology Co., Ltd. (THD) have launched a joint venture company, THD-pb Power-Beam, to serve the Chinese market with high-performance electron beam systems.
PP Control & Automation signed a major deal to assemble the EDM generator module for Winbro Group Technologies' new HSD-351 drilling machine. A new production cell with eight experts has been set up, with work on the first 25 units to begin shortly.
OOO 'GOST' opened the first phase of a plant for manufacturing lifting equipment (overhead and gantry cranes) in the village of Lvovskoye, Krasnodar Krai, Russia. The investment was 56 million rubles. The plant will eventually consist of four workshops totaling 10,000 square meters.
PartsBadger, a CNC machining company, entered a five-year, up to $13.8 million contract with Yeti Cycles to produce bike parts like bolts and axels. The contract will create 12 new jobs in Cedarburg, Wisconsin.
Greenland Technologies selected Baltimore County, Maryland for a 54,000 square-foot manufacturing facility at 5301 Nottingham Drive, White Marsh, to produce electric industrial vehicles, expected to open in July 2022 and create new full-time jobs.
Diamorph Group announced a £6 million investment to develop a state-of-the-art fabrication centre and offices in Gloucester, UK, for its Composite and Polymer Materials business unit, including Permali, Tenmat composites, and Railko brands.
Rockwell Automation is increasing capital spending to expand manufacturing capacity by adding employees and equipment, aiming to resolve a large order backlog caused by supply-chain issues.
MVI Fund II has acquired a significant ownership stake in SMP Parts, a leading full-range supplier of excavator attachments such as tiltrotators, fast couplers, and buckets. MVI Fund II gains control from MVI Equity, which had controlled the company since 2014.
Continental plans to invest around €5 million in a new automated production line for industrial hoses at its Korbach site. The line is scheduled to start up at the end of 2023.
GT Bunning and Sons invested £6m in upgrading its factory in Gressenhall, Norfolk, including a £1.3m paint line, to increase annual capacity from 550 to 1,000 muck spreaders.
Sangsangin Industry held a steel-cutting ceremony for a 90 billion KRW floating dock ordered by the Suez Canal Authority. The dock has a lifting capacity of 35,000 tons and will be installed in the Suez Canal.
Daikin has reached an agreement to acquire Duplomatic MS SpA, an Italian manufacturer of hydraulic equipment, for €220 million. The acquisition is expected to close in June 2022.
Brother Industries plans to start producing high-performance machine tools at its Xi'an plant in China within three years, expanding from low-cost models. The company will introduce production experience from its Kariya plant and source most components locally.
Milwaukee Tool will invest $206 million and create 1,000 new jobs in Wisconsin, supported by up to $22.5 million in additional performance-based tax credits from the state. The investment will expand existing R&D facilities, infrastructure, and equipment at nine locations.