SMC Corporation of America plans to break ground in summer 2018 on a 1.0 million square-foot warehouse at its North American headquarters in Noblesville, Indiana, estimated at $67.8 million. The project is projected to add 92 jobs within five years.
Emerson agreed to acquire Aventics, a smart pneumatics technology maker with central offices in Laatzen, Germany, from Triton for a cash price of €527 million. Aventics has about 2,100 employees, five manufacturing locations and 2017 sales of $425 million.
SMC is investing an estimated USD 67.8 million in a new warehouse adjacent to its North American headquarters in Noblesville, Indiana, increasing warehouse space by 30% and production capacity and adding 92 jobs over five years.
Honeywell will double the operational space of its Fulgaon facility in Pune to 151,000 square feet to meet growing demand for automation solutions. No cost was given.
Emerson installed a new production line at its ASCOVAL plant in Sao Paulo, Brazil, to assemble TopWorx valve controllers for South American customers, shortening delivery times.
Danfoss opened a new Industrial Automation assembly line in Wuqing, China, to produce pressure sensors for global customers. The line is capable of up to one million sensors by 2020 and two million by 2022.
Festo US plans to invest about $90 million to expand its service and manufacturing center in Mason, Ohio by 350,000 sq ft, tripling production, logistics and training capacity. Construction is due in two phases through 2024 and the company plans to hire 350 workers.
Sealed Air selected PTC's ThingWorx platform to improve operational efficiency across its value chain and connect plant assets.
Finnish automation supplier Valmet secured a contract to supply a warp control system to Stora Enso Packaging's corrugated board plant in Ostroleka, Poland, with delivery expected later in 2018 and an order below EUR 1 million.
Valmet will supply an automatic warp control system to Stora Enso Packaging's corrugated board plant in Ostroleka, Poland, for delivery in late spring 2018. The order value was not disclosed.
Fortive agreed to combine four operating companies from its Automation & Specialty platform with Altra Industrial Motion in a Reverse Morris Trust deal worth about $3.0 billion in total consideration, creating a power transmission and motion control leader.
AAE is tripling its production and office space in Helmond, Netherlands, from 10,000 m2 to 30,000 m2 by buying two adjacent buildings, to create a smart industry factory.
BOC Australia unveiled a $15 million robot cylinder automation system at its Sydney Operations Centre, using a six-axis robot and turntables to sort and move cylinders. The site produces more than 1.3 million cylinders each year.
Emerson will invest $15 million to expand production at its Rosemount measurement and analytical equipment facilities in Chanhassen, Minnesota, creating 80 manufacturing and support jobs over three years, supported by state grants.
IMI Precision Engineering agreed to acquire Bimba, a maker of pneumatic, hydraulic and electric motion products with a US distributor network, for $198 million. Completion is expected in early 2018 subject to merger clearance and ESOP approval.
IMI plc agreed to acquire Bimba Manufacturing Company for US$198 million, announced on 14 December 2017, and has since completed the acquisition to strengthen its US industrial automation position.
Emerson will invest $15 million to renovate its Chanhassen, Minnesota manufacturing facility, converting 30,000 square feet of offices into production space for Rosemount measurement equipment and hiring 80 workers over three years.
IMI Precision Engineering held a ground-breaking in Noida near New Delhi for a INR 200 million (about $3.1 million) facility of 67,000 sq ft that will raise production capacity for the Indian market.
Yokogawa Kontrol (Malaysia) won an EPCC order from PETRONAS to supply an analyzer house with process analyzers and sampling devices, plus tank quality and pipe tracking solutions, for the RAPID project's oil storage facilities at Pengerang. Construction is due to finish by August 2018 and operations start in 2019.
Effective January 1, 2018, WIKA acquires Hirschmann MCS, a business unit of Hirschmann Automation and Control owned by Belden, which becomes WIKA Mobile Control with sites in Ettlingen, Chambersburg and a China joint venture.
Emerson chairman and CEO David N. Farr has proposed in a letter to acquire all outstanding shares of Rockwell Automation at a total enterprise value of about $29 billion, with the combined company to be renamed Emerson Rockwell.
Invertek Drives is constructing a 5,500 square metre production facility at Welshpool, Powys, Wales, to raise drive output to more than 400,000 units per year, with completion due next year.
Russian manufacturers Veza, Arktos and SovPlim will supply about 1,000 supply-air units, over 100 exhaust units and climate equipment for the ZapSibNeftekhim complex in Tobolsk, part of contracts totalling about 1.5 billion rubles. LIK Forside will supply Siemens-based automation systems.
Emerson agreed on October 18, 2017 to acquire Paradigm for a purchase price of $510 million, a multiple of 13 times expected 2017 EBITDA.
Fluid power distributor Triad Technologies of Vandalia, Ohio acquired Cincinnati-based industrial automation and sensing distributor Rilco Industrial Controls and its subsidiaries.
Valmet's three IQ Moisturizer systems delivered to Dunapack Mosburger's corrugated line in Strasswalchen, Austria, have been started up to improve box quality and plant performance.
Recon Technology won contracts worth about RMB 6.1 million ($0.9 million) to develop four IoT oil and gas production projects for three plants of PetroChina Changqing Oilfield Company in Shanxi Province. Work is to be completed by 31 December 2017.
Rocsole and Flowrox are setting up the joint venture Flowrox Automation, headquartered in Kuopio, Finland, to manufacture and distribute Rocsole's Scaling Watch pipe scaling measurement solution. Flowrox's owner Capillary Oy will also buy a share of Rocsole.
ABB is investing in a new R&D center at B&R headquarters in Eggelsberg, expanded production capacity in Gilgenberg, and an expanded technical office in Salzburg to add 50 developers. No investment value was stated.
AFGlobal, a Houston oil and gas OEM, acquired Advanced Measurement Inc., a Calgary-based provider of automation, controls and data management systems, previously a subsidiary of Key Energy Services. The deal was announced July 6, 2017.
Emerson selected Caltrol as the new provider for former Pentair Valves & Controls products and support in California, Arizona, Nevada and Hawaii, effective 5 July 2017. Emerson purchased the business unit from Pentair on 28 April 2017.
Emerson completed its purchase of MYNAH Technologies, a dynamic simulation and operator training software provider, to support Emerson Automation Solutions. Terms were not disclosed.
Integrated Power Services (IPS), a motor and generator repair and distribution provider, signed a partnership with Gefran Drives and Motion Control Group to offer drive and motion control products and services in North America. The agreement was announced on June 14, 2017.
Nidec plans a sevenfold increase in production capacity for speed reducers used in industrial robots, adding equipment to meet rising automation demand.
Exotic Automation & Supply, a Michigan fluid power distributor, acquired Sidener Engineering, a Noblesville, Indiana fluid power and safety products distributor; Amherst Partners advised the buyer.
Ulstein Design & Solutions was awarded a contract by China Merchants Group to design and supply equipment for an expedition cruise vessel for SunStone Ships, with options for nine more; the ship will be built at China Merchants Heavy Industry and delivery is planned for 2019. Ulstein Power & Control also won the system delivery contract, with equipment delivery in Q1 2018.
Yokogawa Kontrol (Malaysia) won an EPCC contract from PETRONAS to supply a process analyzer house and related systems for the oil storage facilities of the RAPID project in Pengerang, Malaysia, with construction due by August 2018.
Sumitomo Heavy Industries has acquired Wakefield, Massachusetts-based Persimmon Technologies, adding vacuum robotics and Hybrid-Field electric motor technology to its portfolio.
Emerson said it expects final US FTC and Mexican regulatory approval for its acquisition of Pentair's Valves & Controls business, and will divest a non-material business to secure clearance. Closing is expected by the end of April 2017.
Wood Group has been awarded a three-year contract worth $8 million to provide process automation engineering services as main automation contractor to TPC Group's Texas and Louisiana facilities.
Festo is investing about EUR 30 million over 2017 and 2018 to expand its Esslingen-Berkheim headquarters, with labs and offices returning after production moved to Ostfildern.
Emerson Process Management has opened a $30 million Americas headquarters for valve automation technologies and a highly automated manufacturing facility in Houston. The facility serves the oil and gas and petrochemical industries.
Graphic Packaging International will supply a QuikFlex 2100 beverage cartoning machine to City Brewing Company's Memphis, Tennessee packing site. The variety pack line adds 9.5 million cases a year to the plant's 50 million case capacity.
Emerson is expanding its ASCO operations in Aiken, South Carolina, with more than $8 million of capital investment and 86 new jobs. The site will consolidate regional cylinder, motion control and accessory product lines.
Valmet signed a value-added reseller agreement with Consulta Enterprises for power and process industry automation, covering India, UAE, Nigeria, Saudi Arabia, Sri Lanka, Bangladesh and Nepal.
Emerson Automation Solutions opened a 1,100 square metre manufacturing facility in Dammam's First Industrial City to build control and safety systems and provide engineering, staging, commissioning and field services in Saudi Arabia's eastern region.
Heerema Marine Contractors chose Emerson Automation Solutions to supply a valve remote control system for the SSCV Sleipnir, under construction at Sembcorp Marine's shipyard in Singapore.
Ohio Transmission Corporation, an industrial equipment distributor based in Columbus, Ohio, acquired C & C Industrial Sales (Gallatin, Tennessee) and Midway Industrial Supply (Minneapolis, Minnesota). Both become divisions of OTP Industrial Solutions, which sells spray finishing, sealant, adhesive, automation and fluid power systems.
Harmonic Drive Systems and Innovation Network Corporation of Japan agreed to acquire the remaining 63.2% stake in Harmonic Drive AG, in a 60/40 split, for approximately €260 million. The deal is pending regulatory approval.
Italian pneumatic and hydraulic component makers Airwork and Tecnofluid have combined into A&T Fluid Solutions srl, with a new production site in Carate Brianza. Orders and customer relations are handled by the merged company from 1 October 2024.