SKF has signed an agreement to acquire 2C Composites, a German supplier of high-performance fibre composite components for magnetic bearings.

Haver & Boecker and IBAU HAMBURG have successfully commissioned the world's largest multi-compartment cement silo.

One Equity Partners signed an agreement on November 20, 2023 to acquire TechnipFMC's Measurement Solutions business, a provider of liquid meters and metering systems employing about 450 people across six facilities, including plants in Erie, PA and Ellerbek, Germany. Closing is expected in the first half of 2024.

Nederlandse Gasunie awarded Fornovogas Srl a contract to supply mobile green gas booster packages, a single lot valued at EUR 10 million under a framework with a maximum of EUR 10 million.

Wuxi Scol Automatic Control Equipment Co., Ltd. held a groundbreaking ceremony on November 18, 2023 for a new factory on a 30-mu site. The company plans to invest 110 million CNY in the project, with operations expected to start in October 2024.

Rexroth GmbH, the largest employer in Rhinow, has built a new hall for assembly work and storage at its Rhinow site, with a topping-out ceremony held.

Citizen Machinery announced a ¥2 billion investment at its Kitakami plant in Iwate, Japan, to increase machine tool production capacity by up to 20% by fiscal 2025. The investment includes a new warehouse and office building, with completion expected in March 2025.

Mikisew Group's private investment division bought ATB Private Equity's holdings in Edmonton-based JL Filtration, giving Mikisew a majority interest in the industrial filtration equipment maker.

Micronics Engineered Filtration Group acquired FLSmidth's filter media division AFT, a dry filtration specialist making high-temperature felts and woven filter media for baghouse filtration.

Fives has been awarded a contract to supply an FCB Horomill to Cementos Moctezuma.

M2Linx Design SL has been awarded an order for the integration of a truck bag loader at a cement plant in Algeria.

Commissioning of the new IKN cooler at the Malogoszcz cement plant in Poland is about to start.

Zhengzhou Hengda Zhicong Technology Co., Ltd. has awarded a contract to Henan Jingkai Machinery Equipment Co., Ltd. for the supply of 5 vertical machining centers for its main valve line. The contract value is CNY 3,386,000.

Shaangu Power signed a contract with China Energy Construction Group to supply multiple large-scale compressor units and auxiliary equipment for the Gansu Jiuquan 300 MW compressed air energy storage power plant demonstration project. The project is described as the world's first 300 MW man-made cavern CAES plant.

Burnside America Inc. will invest at least $4.8 million to expand its hydraulic cylinder manufacturing in Franklin County, Pennsylvania, creating 15 new jobs and retaining at least 32 existing jobs. The project includes a 30,000-square-foot expansion and two new production lines, with support from a $3.3 million PIDA loan.

SANY Southern Africa has begun construction of a R300 million headquarters in Boksburg, Gauteng, South Africa, which will include an assembly workshop for excavators. The ground-breaking ceremony took place on November 15, 2023, with completion expected in 11 months.

Mifa, a precision aluminium extrusion company, is constructing a new surface treatment production line in a new facility in Venlo, Netherlands, to expand capabilities and improve sustainability.

Operio Group acquired Elizabeth Carbide Die Co. Inc., Elizabeth HATA, and Scheu & Kniss, manufacturers of tablet tooling, tableting presses, and press parts for the solid dose manufacturing industry.

Uteco and Bimec have signed an equity agreement to jointly propose products and services for the converting industry, combining their portfolios for flexible packaging and other converting applications.

Sarens deployed a Liebherr LTM 1070 mobile crane to assist Valentine Underground Services complete a storm trap installation in Burlington, Ontario.

DOF Group won a contract from Subsea7 for a time charter of the Skandi Acergy CSV, adding a minimum of 18 months firm backlog, valued at $85-105 million. The contract starts in Q1 2025.

Siemens intends to acquire an 18% stake in Siemens Ltd. India from Siemens Energy for €2.1 billion, increasing its stake from 51% to 69%.

Graham Corporation has acquired P3 Technologies LLC of Jupiter, Florida, a custom turbomachinery engineering and manufacturing business for space, new energy and medical markets. P3 develops pumps, compressors, turbines, high-speed rotors and cryogenic pumps.

Equipos Nucleares S.A. has awarded Makino San Sucursal en España a contract for a vertical machining center for its CTA workshop, valued at €290,000 (excluding VAT).

WFL Millturn Technologies has taken over the UK business of Kyal Machine Tools, establishing WFL Millturn Technologies UK Ltd, effective November 3, 2023.

RAFAMET signed a contract with Franz Kaminski Waggonbau Hungaria Kft. to supply a UFD 140 N wheel lathe for EUR 1.45 million, with delivery by September 30, 2024.

Nidec announced on November 14, 2023 that its tender offer for TAKISAWA shares had succeeded, with 86.14% of shares tendered. Nidec will proceed to make TAKISAWA a wholly owned subsidiary.

Prinoth announced a $25 million investment to expand its Granby, Canada plant from 120,000 to 200,000 square feet, increasing production capacity for crawler carriers and snow groomers.

Atlas Copco Group acquired Hamamcıoğlu Makina (HAMAK), an Istanbul-based distributor of air compressors, parts and service with 23 employees. The purchase price was not disclosed. The business joins Atlas Copco's Compressor Technique Service Division.

Tezmaksan announced the initiation of CubeBOX mass production at its new factory in Sivas, Turkey, which is being built with an investment of 15 million euros and a construction cost of 37.5 million Turkish Liras. The factory will also commence CNC production from the second quarter of 2024.

Muehlbauer Automation, part of Muehlbauer Group, plans to build a technology park in Stara Pazova, Serbia, for assembling machines for battery and fuel cell production. The investment is valued at EUR 29.5 million.

Moldbrasil is constructing a new 60,000 sqm tooling facility in Sorocaba, São Paulo, with an investment of R$500-600 million (approx. $100-120 million) and expected to create 1,500 jobs. The plant will focus on Industry 4.0 and is scheduled for full delivery in the first half of 2026.

Mifa has been awarded a contract by NedTrain (NS) to supply KITS and complete aluminium profiles for the modernization of VIRM 2/3 double-decker trains. Mifa delivered 8,350 KITS for floor profiles.

Raute Corporation has signed a EUR 93-million contract with Metsä Wood to deliver technology for a new Kerto LVL mill in Äänekoski, Finland. The mill will have an annual capacity of 160,000 cubic meters.

Taishin Machinery announced it will open a new Die Re-header factory, equipped with advanced equipment and technology, to produce die re-headers. The factory will operate under ISO9001 and ISO14001 standards.

Atlas Copco (India) is setting up a manufacturing facility and office building in Talegaon, Maharashtra, to make air and gas compressor systems for the local market. Completion is targeted for Q2 2024, with an estimated value of Rs 140 crore.

XCMG announced an expansion of its factory in Pouso Alegre, Minas Gerais, Brazil, with an investment of R$270 million. The expansion is expected to create 150 permanent direct jobs and 315 temporary jobs. A protocol of intentions was signed with the state government.

Henkel Adhesive Technologies announced a strategic partnership with Nanoprecise Sci Corp to provide predictive maintenance solutions for rotating equipment. The partnership was announced on November 9, 2023.

I-care Group has established a service partnership with Anheuser-Busch InBev to provide predictive maintenance services to AB InBev production sites in over 50 countries. The contract is the largest in I-care's history.

Shuoluode (Shenzhen Shuoluode Machinery) won a bid to supply packaging equipment for Henkel's granulator packaging expansion project.

Casappa SpA completed the acquisition of 100% of the share capital of Benvenuti Srl, a precision machinery company headquartered in Sant'Ippolito, Pesaro Urbino, Italy. The press release is dated 9 November 2023.

Danfoss Turbocor is opening an expanded facility in Haiyan, China, next year. The expansion supports its continued growth of compressor manufacturing.

Danfoss Turbocor, marking 10 years as a wholly owned Danfoss company, said a new production facility in Nordborg, Denmark is scheduled for completion in 2026. The Nordborg site currently handles sales and service for European customers.

Manitou Group has agreed to acquire 75% of COME S.R.L, a producer of mechanically welded parts, and 75% of Metal Work S.R.L, a laser cutting specialist. The acquisitions will be finalized in early 2024.

Idra has won a contract with Volvo Cars to supply two 9,000 ton Giga Press machines for a new site in Kosice, Slovakia. The contract value was not disclosed.

Guomao Co., Ltd. announced it will acquire a 65% stake in Modori Intelligent Transmission (Jiangsu) Co., Ltd. for approximately RMB 204.75 million, to enter the precision planetary gearbox market.

Everhard Industries commissioned a new 5500T injection moulding machine at its Geebung factory in Brisbane, Australia, to increase production capacity for recycled plastic septic tanks.

Doosan Bobcat will invest approximately KRW 400 billion to build a new 65,000 m² plant in Monterrey, Nuevo León, Mexico, to produce loaders for the North American market. Construction is expected to be completed by early 2026, increasing loader production capacity by about 20%.

Cargotec will acquire Carlyle Group's 49% stake in China Crane Investment Holdings and invest around EUR 30 million for a 49% stake in a joint venture with Jiangsu Rainbow Heavy Industries (RHI).

Deutsche Beteiligungs AG (DBAG) acquired a 19% stake in industrial machinery manufacturer Romaco Group for €8m from its balance sheet, backing a management buyout. The vendor was Robbins & Myers Inc. The deal values Romaco at €61m.