Amber Enterprises has signed an agreement to acquire a 50% stake in Resojet Pvt Ltd, forming a joint venture with LCGC Resolute Appliances to manufacture washing machines and components.
ChampionX Corporation plans to acquire RMSpumptools Limited from James Fisher and Sons for approximately $110 million, enhancing its artificial lift portfolio.
Diemould Service Company (Canada) Limited (DMS) acquired Border Steel Limited, a Windsor-based steel flame cutting and Blanchard grinding company. The deal closed on March 21, 2024, and both companies will operate separately.
Sofidel is investing $185 million to expand its Circleville, Ohio campus by 500,000 square feet, creating 100 new jobs. The expansion will increase employment to nearly 600.
OSTROJ, a Czech engineering manufacturer, won a contract to supply mobile formwork for the secondary lining of tunnels for the first stage of Prague metro D. The equipment will be used by construction company HOCHTIEF CZ.
Keba Industrial Automation Germany broke ground on a €7.5 million new production hall and research laboratory in Waldgirmes, Lahnau, Germany. The 2,000-square-meter facility is expected to create 50-70 new jobs and be completed by summer 2025.
AGCO is investing EUR 70 million in its AGCO Power facility in Linnavuori, Nokia, Finland, to build a clean energy laboratory, a production hall, a paint shop, and a training centre. The investment will add 11,000 square metres of space and is expected to create dozens of new jobs.
Siemens AG has signed an agreement to acquire the industrial drive technology (IDT) business of ebm-papst, which employs around 650 people and includes intelligent mechatronic systems and motion control systems. The acquisition will complement Siemens' Xcelerator portfolio.
Grundfos opened its advanced manufacturing plant in Changshu, Jiangsu Province, China, on March 21, 2024. The roughly $100 million, 35,000 square meter facility began production three months before the official launch.
Angst+Pfister Group inaugurated the APVN Sealing factory and office building in Hố Nai Industrial Park, Dong Nai, Vietnam, with a total investment of €11.1 million by 2028, producing O-rings and seals for automotive, industrial processing, pharmaceuticals, and other sectors.
American Air Filter Co Inc (AAF International), a subsidiary of Daikin Industries, has acquired Northeast Air Solutions Inc, a provider of clean air solutions in New England since 1946.
EIS (Engineered & Industrial Solutions) has selected Flexxbotics for advanced robotic machine tending to improve performance of robot-enabled workcells building precision parts for the oil and gas industry. The solution connects Universal Robots to Haas CNC machines.
Taiyuan Heavy Industry's Yuci hydraulic subsidiary is adding engineering-machinery pump, valve and oil-pump production lines to existing plants in Yuci District, Jinzhong, Shanxi, with 181.25 million yuan of investment. The project targets annual output of 655,000 pump and valve units and 1 billion yuan in sales, with construction planned for 2024 Q2 to 2025 Q4.
IBA Industrial Solutions has signed a contract to install its Be-Efficient electron beam irradiation solution in Germany, including two Rhodotron accelerators for polymer crosslinking applications. The contract was announced on March 19, 2024.
Havells India invested around Rs 400 crore in the first phase of a new manufacturing unit at Sri City, Andhra Pradesh, doubling its air-conditioner production capacity to over 2 million units per annum, and plans to expand exports to new markets including the U.S.
Creare LLC received a $12,627,937 firm-fixed-price contract from the U.S. Navy for production and delivery of 2,000 hearing protection helmets, with work at multiple U.S. sites and completion expected by March 2026.
Crown Paper Mill has decided to invest in a second Valmet Advantage DCT 200 tissue line for its mill in Saudi Arabia. The line will have an annual production capacity of 70,000 tons and is scheduled to start up in the second half of 2025.
Infore Environment Technology Group started construction of the Infore New Energy Equipment Project (East China Base) in Shangyu, Shaoxing, Zhejiang. The total investment is 10.2 billion yuan (approx. $1.42 billion), planned in three phases, focusing on smart motor equipment, smart emergency equipment, new energy, and fan equipment R&D and manufacturing.
Titan International completed a $2 million upgrade to its manufacturing facility in Des Moines, Iowa, adding two new 104-inch curing tire presses to increase output capacity for large agricultural tires.
Dril-Quip, Inc. and Innovex Downhole Solutions, Inc. announced a definitive agreement to merge in an all-stock transaction. Dril-Quip stockholders will own approximately 52% and Innovex stockholders approximately 48% of the combined company.
CFF Fluid Control Ltd received a biennial rate contract from Mazagon Dock Shipbuilders for engineering work on Project-MRLC-2 INS Shankush, worth Rs 46,46,00,000 and due for delivery by August 2026. The order was reported on March 19, 2024.
呲铁机械有限公司's new facility for producing 300 CNC equipment units per year opened in Sankou Town, Huangshan, Anhui. The project covers about 20 mu, with a total investment of 55 million yuan, annual output value of 70 million yuan, and annual tax of about 3 million yuan.
Sewer Equipment Company of America will build a 23,000-square-foot parts distribution center in Dixon, Illinois. Site preparation begins next month with completion expected in October or November 2024.
ServiceNow has signed an agreement to acquire 4Industry, a Netherlands-based manufacturing technology application provider, and completed the acquisition of Smart Daily Management, a connected digital worker application from EY. The deals augment ServiceNow's operational technology management capabilities for industrial markets.
Taco Comfort Solutions is expanding its Fall River, MA plant with a $20+ million project, adding 52,000 square feet to produce larger tanks, heat exchangers, and other products. Groundbreaking began in September 2023, with completion expected in about 18 months.
Carlyle Group is nearing an agreement to acquire Siemens' mechanical drive arm Flender for about EUR 2 billion ($2.37 billion).
Siemens is integrating NVIDIA Omniverse Cloud APIs into its Xcelerator platform to create an industrial metaverse with AI-driven digital twins.
Chart Industries received an order from Element Resources for hydrogen liquefaction systems, liquid hydrogen storage and transport equipment, and hydrogen compression for the Lancaster Clean Energy Center in Lancaster, California. The plant is targeted to begin commercial operations in 2026 and produce over 20,000 tons of green hydrogen annually in its first phase.
Austrian machine maker STATEC BINDER completed its largest order to date, worth over EUR 10 million, delivering 16 packaging lines and related equipment for a petrochemical customer in India. The lines pack HDPE, LLDPE and PP granules into 25 kg sacks.
Yanmar Compact Equipment has commenced production of its first compact track loader, the TL100VS, for the North American market, with three more models planned for later in 2024.
GE Aerospace is investing nearly $450 million in new machines, inspection equipment, building upgrades, and safety enhancements at 22 facilities across 14 states, with a focus on additive manufacturing, and plans to hire over 1,000 employees.
Kongsberg Defence & Aerospace is investing over NOK 640 million to increase missile production capacity, including equipment for a new missile factory in Kongsberg and a new facility for sensor components, with support from Norwegian authorities and the EU's ASAP program.
Hoshizaki is expanding its ice machine manufacturing plant in Telford, UK, with a revised site layout to increase capacity. The plant aims to achieve a theoretical output of 50,000 units by the end of 2026, up from 34,000 units in 2023.
AM Maschinenbau in Erbendorf has received the largest order in its history, worth approximately €2.5 million, from Siemens. The order involves the production of components for Siemens' new generation of wind turbines, with delivery scheduled for 2025.
Biome Technologies' Stanelco RF division has been awarded a £536,000 contract to supply two radio frequency welding systems to an international corporation in the medical supply sector. The systems will be built at the company's Marchwood, UK facility and completed within the 2024 financial year.
AECC Shenyang Liming Aero-Engine Co., Ltd. awarded a contract for five-axis machining centers to Shenyang Zhongjie Aerospace Machine Tool Co., Ltd. The contract value is not disclosed.
Nidec and KPS Capital Partners are reported to be competing to acquire Innomotics, the motors and large drives business spun off by Siemens, which has sales of €3bn and could fetch a similar sum.
Jiangsu Ruixiang Chemical's 1.2 Mt/a high-salt wastewater recovery project in Yizheng published a bid ranking for chlorine gas compressor units, with Yangzhou Jiuzhou Pump Co. first at RMB 5.79 million with delivery six months after signing.
Sydenstricker Nobbe Partners (SNPartners) announced it will acquire Cazenovia Equipment, an agricultural and equipment dealer with 10 locations in New York. The deal is set to close on June 1, 2024. Terms were not disclosed.
Pack'R, a manufacturer of filling and capping machines for liquid products, plans to build a new 12,000 m² workshop and 2,500 m² office facility in Saint-Léger-de-Linières near Angers, France, with a total investment of EUR 15 million. The company aims to move in by 2026.
FIMI Group announced a new contract with Tata Steel. Details of the contract value and scope were not provided in the available text.
Decisive Dividend Corporation, through its subsidiary Hawk Machine Works, acquired the assets of Alberta Production Machining Ltd. for $2.7 million cash. The acquisition provides Hawk with increased machining capabilities and access to additional equipment and people in Edmonton, Alberta.
Germany's Hengst Filtration opened a new manufacturing facility in Yelahanka, Bengaluru, India, with an initial investment of 2 million Euros. The 36,000 square foot facility will manufacture filtration products for automotive, hydraulics, healthcare, and industrial sectors.
Nexson Group, a French thermal process component producer, acquired Thermowave GmbH, a German manufacturer of plate heat exchangers, from the Güntner group. The acquisition expands Nexson's portfolio in heat exchange technology.
INDUS Holding AG acquired Gestalt Robotics, a Berlin-based developer of AI-based industrial automation solutions. Gestalt Robotics employs around 50 people and generates annual sales of about EUR 5 million.
PetroVietnam Packaging Joint Stock Company invited bids for procurement of one coating/laminating machine for its Bac Lieu petroleum packaging factory, with a tender value of 7,945,539,480 VND.
Liebherr commissioned a new assembly hall for battery-electric wheel loaders at its plant in Bischofshofen, Austria. The €2.2 million investment, completed in March 2024, has a production area of nearly 1,000 m² and a maximum yearly output of up to 500 battery-electric wheel loaders.
BIBUS UK Ltd, a distributor, announced a strategic collaboration with Thomson Linear Motion, a linear motion solutions provider.
Atlas Copco acquired Germany distributor Druckluft-Technik-Nord, which joins Pacific Sales & Service in its Service division. The price was not disclosed.
Ziemann Holvrieka has broken ground on a new production facility in the Amistad Chuy María Industrial Park in Ramos Arizpe, Coahuila, Mexico, with a projected investment of $20 million, creating 150 jobs. The facility will manufacture stainless steel tanks for the liquid food industry.