Haitian Precision Machinery Mexico announced a $55 million investment to build a new plant in Guadalajara, Jalisco, Mexico, to manufacture CNC machines, molds, and dies for aerospace, medical, automotive, and general machining industries. Construction will start within three months and operations in one year.
HDT Global, based in Solon, Ohio, acquired Aviation Ground Equipment Corp. of New York. No financial terms were disclosed.
Morris Leslie Plant Hire placed an £87.5 million order with JCB for machines including 50 backhoe loaders, excavators, site dumpers, telescopic handlers and compaction equipment, to be delivered throughout 2023.
Siemens will supply automation and drive technology, software, industrial communication, and training for Continental's tire factories worldwide as a preferred supplier.
JWELL Group's subsidiary Bkwell Intelligent Equipment started construction of a new factory in Rayong, Thailand, covering over 100,000 m², for blow molding extrusion equipment.
Texwrap Packaging Systems is expanding its existing facility in Washington, Missouri, investing $2.25 million and creating 35 new jobs to increase capacity for shrink wrapping and bundling product lines.
Exodus Global acquired Rockwheel Americas, the North American distributor of RockWheel, RockCrusher and RockScreener hydraulic attachments, and will rebrand it as RockZone Americas.
Lexair Inc. will expand its Lexington, Kentucky operations with an $8.5 million investment, adding 35,000 square feet and creating 14 full-time jobs. The announcement was made on March 15, 2023.
Schenck RoTec, part of the Dürr Group, opened a new building complex in Noida, India, adding 5,600 m² of production and IT space for its balancing and tire & wheel assembly business. The investment was €5.5 million.
Amentum was selected for a $4.6 billion single-award IDIQ contract by the U.S. Air Force Security Assistance and Cooperation Directorate to provide commercial buying solutions for Foreign Military Sales customers. The contract will use technologies like reverse engineering, 3D scanning, and additive manufacturing.
Skyjack announced plans to expand its manufacturing footprint globally, with $85 million invested in a Mexico plant and $40 million in a China plant. The Mexico plant has two phases, with phase one completed and phase two adding 490,000 sq ft. The expansion will increase global unit capacity by 235% compared to 2022.
A delegation from Perm Krai, Russia, led by Governor Dmitry Makhonin, signed a memorandum of understanding with an Indian machine tool company to explore opening a joint venture for high-tech CNC machine tools in the region.
Paragon Tools has invested £450,000 in a new CNC machine and automated surface grinder to speed up production and increase automation at its Hull facility.
Dongguan Changyuan Spraying Technology Co., Ltd. (CYCO) has become a supplier of Sany Heavy Industry Group, providing gantry car washing machines and spray piles.
Enns Brothers Ltd. has agreed to acquire 100% of the operating assets of S.H. Dayton Ltd., a John Deere dealership in Manitoba, Canada. The acquisition includes dealership locations in Shoal Lake and other communities.
Elgi Compressors USA Inc, a subsidiary of Elgi Equipment, entered an operating agreement to acquire a 33.33% stake in CS Industrial Services LLC, its exclusive distributor for ELGi compressors in Western New York, for about $125,000. Completion is expected by 31 March 2023.
ENGEL has delivered two duo 130000/130000H/8200 combi US injection molding machines, each with 8,000 tons of clamping force, to Infiltrator Water Technologies in Winchester, Kentucky. These are the largest machines ever built by ENGEL.
Weichai Heavy Machinery Co., Ltd. ordered seven identically designed ProfiMill portal milling machines from WaldrichSiegen for machining engine blocks.
Tessenderlo acquired Picanol Group, a developer and manufacturer of weaving machines, engineered casting solutions, and customized controllers, in March 2023. The terms of the transaction were not disclosed.
Bailey International opened a new MVP (Motors, Valves, Pumps) Center in Grand Rapids, Michigan, with over 20,000 sq ft, stocking and manufacturing hydraulic motors, valves and pumps. The center follows Bailey's earlier acquisition of Hydrolico.
Kinshofer Group became a member of the Open-S Alliance, an initiative to create an open standard for fully automatic quick couplers for excavators, as announced on March 9, 2023.
Hexagon Machine and Manufacturing LLC is expanding its plant in Longmont, Colorado, from 7,000 to over 10,000 square feet to meet growing demands from aerospace, medical, flight and robotics customers.
Claas updated its combine facility in Harsewinkel, Germany, beginning in 2020 and completed in 22 months, investing $63 million to level 161,000 sq. feet for a new assembly line with a 45-foot-high roof.
Anders Invest acquired a 44% participation in Bakker Hydraulic Products, a Dutch manufacturer of hydraulic grabs with a turnover of €10-15 million and about 50 employees.
voestalpine Railway Systems will supply turnouts and welded rails for Australia's Sydney Trains over the next five years under a contract worth over EUR 220 million.
voestalpine Railway Systems secured its largest ever order worth EUR 237 million to supply turnouts, drives, and diagnostic systems for Great Britain's High Speed 2 rail network. The company also won a EUR 220 million contract to supply turnouts and rails for Sydney Trains over five years.
Palfinger will open its regional headquarters in Schaumburg, Illinois, in the second quarter of 2023, including an integrated demonstration and training centre.
In-Place Machine Company, LLC (IPM) announced the acquisition of Western Machine Works, LLC (WMW) to expand reach and service offerings across the U.S. and Canada.
ESAB acquired Swift-Cut, a UK-based manufacturer of light industrial CNC plasma and waterjet cutting machines, to expand its leadership in fabrication and cutting equipment markets.
C.R. Onsrud broke ground on a new 67,000-square-foot building as part of a multi-phase expansion project that also includes a 9,900-square-foot machine shop expansion and new equipment. The $17 million investment is expected to add 50-100 jobs and the new building is expected to be completed in Q2 2024.
Manitou is constructing a third facility in Candé, France, dedicated to welding and machining, with an investment estimated between €40 and €50 million. The plant is expected to start operations in early 2025 and create 100-150 jobs.
Cramo has acquired Hyresbutiken, a supplier of construction, transport and processing machines in Northern Sweden, based in Skellefteå with depots in Arjeplog and Norsjö. The acquisition strengthens Cramo's position in the region.
Valmet has been selected by Arauco to supply a complete pulp mill with full-scope automation and flow control solutions for the Sucuriú Project in Inocência, Brazil. The order value is over EUR 1 billion, and the mill, with 3.5 million tonnes per year capacity, is estimated to start up in the second half of 2027.
Reitnouer Trailers has begun site work for a new 450,000-square-foot manufacturing facility and 18,000 square feet of office space in Ontelaunee Township, Pennsylvania. The company has a two-year backlog of orders.
Siemens Mobility will build a $220 million advanced manufacturing and rail services facility in Lexington, North Carolina, creating more than 500 jobs by 2028, with production starting in 2024.
Wabtec received a contract from VLI to supply nine Evolution Series ES43BBI locomotives for use on the Ferrovia Centro-Atlântica in Brazil, valued at approximately $38.3 million.
KHS India laid the foundation stone of a new Rs 50 crore plant adjacent to its existing Ahmedabad facility, expected to raise production capacity by 40% and create 150 direct jobs.
Valmet signed a Performance Agreement with Meliora Bio ApS in Kalundborg, Denmark, covering services for reactor feeding and discharge of bioethanol and C-5 sugar production, extending to 2025.
Valmet will supply a coated board machine to Graphic Packaging International's mill in Waco, Texas. The order is valued between EUR 140 and 180 million, and the machine will produce coated recycled board with an annual capacity of approximately 500,000 short tons. Start-up is scheduled for early 2026.
Tver-based JSC StankoMashComplex signed a contract with JSC Concern Sozvezdie in Voronezh to supply 12 units of machine tool equipment, including multifunctional five-axis, vertical and rotary machining centers, for the Russian machine tool and radio-electronics industries.
Irish heavy lift equipment manufacturer Megalift announced a significant expansion including a new 30,000 sq ft facility in Ballinode, Co. Monaghan, creating 10 new jobs. The company plans to double capacity from 40 to 80 machines per annum by end of 2023.
Italy's Marchesini Group has acquired M.A.R. S.p.A., a Milan-based maker of pharmaceutical packaging machines for liquids, powders and syringes. M.A.R. will keep its Lainate site and staff and expand by hiring technicians and designers.
Norway-based TMC Compressors will deliver marine compressed air systems, including N2 feed compressors, for six LNG carriers being built by Jiangnan Shipyard for ADNOC Logistics & Services. Delivery of the vessels is scheduled for 2025 and 2026.
Western Equipment Solutions (WES) has acquired the assets of Champion Equipment Sales, LLC, expanding its territories for Soilmec and Leffer equipment sales and service in North America.
Schaeffler acquired 100% of the shares in ECO-Adapt SAS on March 3, 2023. ECO-Adapt offers condition monitoring solutions based on electrical signal analysis and energy consumption optimization. Terms were not disclosed.
A unit of Sime Darby plans to acquire Australian firm Onsite Rental for RM1.9 billion, financed entirely through external borrowings on a cash-free and debt-free basis.
Valmet will supply a new tissue paper line with the latest technology to Metsä Tissue's Mariestad mill in Sweden as part of the Future Mill development program. The order was booked in Q1 2023; the value was not disclosed.
Nidec Machine Tool (Zhejiang) Co., Ltd. held a groundbreaking ceremony for a new factory in Pinghu Economic Development Zone, with a total investment of $44 million, to produce machine tools for EV drive components.
Now Contec, a German provider of equipment for assembly and finishing of technical nonwoven and foils, was acquired by Kingspan Holding in March 2023. Terms were not disclosed.
Ustec S.r.l. acquired the 'Undercarriages' Business Unit of Sampierana S.p.A., a CNH Industrial component company. Ustec will also build a new 8,400 sqm production plant in San Piero in Bagno, Italy, operational from July 2023.