Haas Automation Ltd was awarded a £170,000 contract by Ulster University to supply a 5-axis universal machining centre for a CNC project in Belfast, Northern Ireland.
Cummins opened a new European Master Rebuild Centre for high horsepower engines in Krakow, Poland, with a $10 million investment. The 4,600 m2 facility remanufactures engines from 19 to 78 litres displacement.
Dover agreed to acquire FW Murphy Production Controls from Genisys Controls for $530 million in cash, to join its Dover Precision Components unit. The deal is expected to close in Q4 2023 subject to regulatory approvals.
ADNOC awarded Baker Hughes a contract worth over $400.2 million (AED 1.47 billion) to supply all-electric compression systems for the Ruwais LNG trains in Al Ruwais Industrial City, Abu Dhabi. The contract was awarded through ADNOC's Nuovo Pignone International entity.
ADNOC awarded Baker Hughes a contract worth more than $400 million to supply all-electric compression systems for its Ruwais LNG project in Abu Dhabi. The compressors will be driven by 75 MW electric motors.
ADNOC announced it awarded Baker Hughes, through Nuovo Pignone International, a contract worth more than US$400 million (AED 1.47 billion) for all-electric compression systems for its low-carbon Ruwais LNG project in Abu Dhabi.
ADNOC awarded Baker Hughes, via Nuovo Pignone International, a contract worth more than $400 million (AED 1.47 billion) for all-electric compression systems for the Ruwais LNG project in Al Ruwais Industrial City, Abu Dhabi.
InCompass, a platform company of TJM Capital Partners, has reached a definitive agreement to acquire Bridgeport Machine Tool Co., a manufacturer of vertical milling machinery. Financial terms were not disclosed.
Baker Hughes was awarded a contract by Venture Global under a master equipment supply agreement to provide a modularized LNG liquefaction train system and power island for US projects, with the contract booked in Q3 2023.
Markey Machine, a global leader in marine deck equipment and winch systems, announced the acquisition of JonRie InterTech. The acquisition expands Markey Machine's product offerings and strengthens its market presence in the maritime and offshore sectors.
Manitou Group celebrated the grand opening of an 80,000 sq-ft expansion at its Madison, South Dakota facility, coinciding with the company's 50th anniversary of manufacturing skid loaders. The expansion includes a new assembly building to increase production capacity.
S.F.E. Group, based in Houston, Texas, has acquired CLIMAX, a portable machine tool manufacturer based in Newberg, Oregon. The acquisition expands S.F.E. Group's portfolio of portable machining, orbital welding, and fabrication tools.
Valmet will supply an Advantage DCT 200 tissue production line to Sofidel America's Circleville mill in Ohio, USA. The line has a design speed of 2,000 m/min, width of 5.6 meters, and annual capacity of 70,000 tons. Start-up is scheduled for the second half of 2025.
SLB, Aker Solutions and Subsea7 announced the closing of their joint venture, OneSubsea, which combines SLB's and Aker Solutions' subsea businesses. The new entity is headquartered in Oslo, Norway, and Houston, Texas, with 11,000 employees.
The second phase of SW Germany's Suzhou factory, built with an investment of 18 million euros and covering 20,000 square meters, started operations in October 2023 with an annual production capacity of 250 sets of machine tools.
RZ Mekpart installed a Mikron E700 5-axis multi-tasking machine at its facility in Landvetter, Sweden, to expand production capacity and streamline manufacturing.
Guangdong Precision Machinery Co., Ltd. held a grand opening ceremony for its new 36,000-square-meter factory in Zhaoqing City, China, dedicated to manufacturing liquid silicone rubber (LSR) injection molding machines. The factory will accommodate over 200 employees.
Bühler India announced expansion of its manufacturing capabilities in Bengaluru, including production of Plansifter Arenit and Purifier Norit, with roller mills scheduled for 2024.
Manitowoc Tool & Machining has acquired G&V Machine Company.
Kaeser Kompressoren introduced its CSD/CSDX compressor series, with motor outputs of 45 to 110 kW, IE4 or IE5 efficiency classes and a refrigerant dryer option.
Yinson ordered nine radial compressor strings and two screw compressor strings from MAN Energy Solutions for an FPSO vessel operated by Azule Energy at the Agogo field, about 180 km west of Angola.
Vow ASA received an order from Vow Green Metals to double production capacity at the Follum biocarbon plant in Hønefoss, Norway, adding a new process line to produce up to 20,000 tons of biocarbon annually. Total contract value is NOK 332 million.
IS Engineering GmbH has relocated the Monforts operations to Viersen, Germany, increasing production space by 2.5 times. The new facility features high-performance overhead cranes with loads up to 6 tons and expanded amenities.
Consolidated Equipment Group, a portfolio company of Dominus Capital, acquired PRO-DIG, a manufacturer of foundation drilling equipment, and Dirt Dog Manufacturing, a manufacturer of tractor and ATV/UTV implements. The transactions closed on September 29, 2023.
Forschungszentrum Jülich GmbH awarded a contract to GF Machining Solutions GmbH for the purchase of a CUT 1000 X OilTech Drahterodiermaschine (wire EDM machine) for EUR 510,000. The award was granted on 21 September 2023.
SMI and its parent company Crippa, portfolio companies of Astraco Capital, acquired CMS Costruzione Macchine Speciali, an Italian manufacturer of machines for HVAC and refrigeration sectors.
GFTmotion is launching a new motor production facility named 'Hope' in Bet Shean, Israel, to produce advanced BLDC servo electrical machines. The facility aims to employ approximately 400 people within a few years, with deliveries starting in November 2023.
GT-Technologies is launching a new motor production facility named 'Hope' in Bet Shean, Israel, for advanced BLDC servo electrical machines. Production is expected to start in November 2023, with plans to employ about 400 people.
Kelvion has expanded its production capacities in Sarstedt, Germany, adding 150,000 heat exchangers per year. The investment was 4.3 million euros.
Forop Advanced Materials (China) has ordered six Atlas ProSlitter BlackLine slitting machines from Kampf GmbH for BOPP film production. The contract was signed in August 2023.
Yaqide Technology, a Taiwanese bicycle frame painting company, will invest in building two new plants in Miaoli County to expand its coating services.
YOKE (Zhenfeng Enterprise), a maker of industrial lifting and safety equipment, plans to invest about TWD 7.5 billion to expand its plants in Changhua and Taichung, Taiwan, including a new forging line, expanded processing capacity, and a new plant in Taichung.
Magnescale Co., Ltd. has begun construction on a Laserscale production plant in Nara Prefecture, with completion scheduled for May 2025 and operation start in September 2025. The total investment is approximately 11.7 billion yen, and the plant will have a production capacity of about 35,000 units per year, employing up to 150 people.
Precision subcontractor R E Thompson invested over £2.2 million in a Grob G750T 5-axis universal machining centre, tooling, laser marking technology, a presetter, and a Fastems 36-pallet automation system to enhance large component processing.
AGCO will acquire an 85% interest in Trimble's portfolio of agricultural assets and technologies for $2 billion in cash and the contribution of JCA Technologies, forming a joint venture focused on precision agriculture.
Alta Equipment Group entered a definitive agreement to acquire Burris Equipment Company, a construction and turf equipment supplier with three locations in Illinois, for $14 million in cash. The deal is expected to close in Q4 2023.
Bondioli & Pavesi completed the acquisition of 100% of the share capital of Siboni S.r.l., a company specializing in motion control solutions for industrial automation, agricultural, robotic and intralogistics applications.
Okamoto Machine Tool Works, Ltd. agreed to acquire Yamato Kouki K.K. The transaction is expected to close on November 1, 2023.
Inductive Automation acquired the assets of iControls Pty Ltd, its Australian distributor, and launched Inductive Automation Australia Pty Ltd as a wholly owned subsidiary. The acquisition will support growth in the Australian market.
Kirloskar Pneumatic opened a new manufacturing facility in Nashik with a 32-tonne forge hammer and fabrication shop, initially producing about 6,000 tonnes of forged parts a year. About 25% of capacity will serve external customers.
Fanuc India announced a strategic partnership with Marshall Machines Limited to develop new CNC machine tool products. The collaboration aims to reduce product development time and compete with imported machines from Japan and Europe.
Rockwell Automation won a $15 million engineering, procurement, construction and management contract from Vadxx Energy for a commercial-scale plastic waste-to-synthetic crude facility in Akron, Ohio.
Trützschler Nonwovens, with Italian partner Texnology, is rebuilding its Nonwovens Customer and Technical Center in Egelsbach, Germany, to install a T-SUPREMA needle-punching line. Installation began on September 25, 2023.
Dearing Compressor & Pump Co. completed its first acquisition by merging with Pittsburgh-based Kruman Equipment, a Gardner Denver industrial air compressor distributor, roughly doubling its industrial air compressor business.
Chinese company Sunstrong announced an initial investment of $20 million to build a plant in Torreón, Coahuila, Mexico, which will supply Milwaukee Tools and generate about 500 direct jobs in the short term.
Henry Brothers was awarded a £30 million contract to construct the 10,500m² Factory of the Future building for the Advanced Manufacturing Innovation Centre (AMIC) at Global Point Business Park in Newtownabbey, Northern Ireland, a £100 million Belfast Region City Deal project.
INGC Company opened a new production shop in Perm, Russia, as part of a program to expand production and storage areas, with plans to create over 100 jobs for highly-skilled workers.
Sandvik acquired a minority stake in up2parts GmbH, a German AI-based manufacturing software start-up, simultaneously with an investment by Schaeffler Group.
WEG S.A. announced the acquisition of the industrial electric motors and generators business of Regal Rexnord Corporation, including the Marathon, Cemp, and Rotor brands, for $400 million. The deal includes 10 factories in seven countries and about 2,800 employees.
National Vacuum Equipment announced further investment in new automated machinery at its Traverse City, Michigan factory to increase manufacturing capacity for industrial vacuum equipment.