Card-Monroe Corp., a tufting machine manufacturer, acquired Everworks Automation, a South Carolina-based industrial automation systems company, to expand its automation capabilities.
MPE Partners acquired Webster Industries, a manufacturer of engineered class chain, sprockets, and vibratory equipment for material handling and power transmission, from its employee-owned stock ownership plan. Terms were not disclosed.
Mahindra do Brasil announced construction of a new tractor assembly plant in Araricá, Brazil, with an initial investment of about $11 million, expected to reach $20 million over five years. Annual production capacity is 8,000 units, and the plant will serve the Brazilian and Mercosur markets.
Wolffkran entered a joint venture with Zamil Group to develop a WOLFF crane manufacturing facility in Riyadh, Saudi Arabia, and build a rental fleet of 300 cranes. The JV plans to invest about SR1 billion ($270 million) and produce approximately 150 cranes annually.
Ahlsell Norge AS agreed to buy all shares in Industrivarer AS, a supplier of tools, machinery, supplies and PPE to industrial customers in Midt-Norge, with 20 employees and 2023 revenue of NOK 126 million. The acquisition is subject to approval from the competition authority.
Fosber group will invest €45 million in expanding its production site in Monsagrati near Lucca, extending the site area to 58,600 m² and including a 3 MW solar power plant.
OLLOW is integrating Roctool's new R-IDS induction-heated platen technology to strengthen its production capabilities for molding thermoplastic composites. The first installations will be operational in the coming months, with integration into a future 3000 m² production unit expected in 2025.
Hyundai Movex signed a contract with Sydney Metro to manufacture and supply subway screen doors in Sydney, Australia. The contract was signed in February 2024 and announced on March 6, 2024.
SENSYN ROBOTICS and Chiyoda Corporation have entered into a capital and business alliance to combine robotics, AI, and digital twin technologies for industrial O&M efficiency.
HORN Glass Industries will supply a sustainable glass melting furnace for Ambev's new container glass plant in Carambei, Paraná, Brazil, with a capacity of 400 tonnes per day.
Shelton Machinery acquired Municipal Tool & Machinery, now Municipal Machinery, and launched TSM Group as a new parent company. The acquisition expands service territory by 55,000 square miles in Missouri and Kansas.
Uniflyte is investing $1.6 million to expand its facility in Orion, Illinois, to support production of augers for CNH combines. The expansion will create 13 new jobs.
Uniflyte, Inc. secured a $10 million-plus contract to produce augers for Case New Holland's next-generation combines. The company is launching a $1.6 million expansion in Orion, Illinois, creating 13 new jobs.
RHI Magnesita is investing more than US$35 million in technology, infrastructure, and equipment upgrades across North America, including expanded manufacturing capacity, a new production line in Huron, Ohio, and facility modernizations in Kentucky, Ohio, and Pennsylvania.
OOO Stankostroitelny Zavod FORT plans to build a plant in the Parnas SEZ in St. Petersburg to produce heavy metal-cutting equipment, with an investment of 7 billion rubles and creating 406 jobs.
Chinese company Paoshan-Roca announced the installation of two new plants in the Amistad Chuy María Industrial Park in Ramos Arizpe, Coahuila, to produce portable generators, pressure washers, auto chassis parts, motorcycle engines, and gears.
FLSmidth has acquired 100% of the shares in Canadian mill engineering, supply and services provider Farnell-Thompson Applied Technologies Inc. The acquisition is effective immediately and will be integrated into FLSmidth's core Mining business. Terms were not disclosed.
TKG (Token Technology) officially started construction of the phase II plant at its Yucheng site in China. The new buildings will add nearly 20,000 square meters of production area, including smart warehouse and material circulation areas.
Sonnenerde GmbH celebrated the grand opening of its new carbonization plant 'KOHLOSS' in Riedlingsdorf, Austria, on April 30, 2025, after three years of construction. The plant is now in full operation.
Astec Industries acquired MINDS Automation Group Inc. in March 2022 to enhance its digital solutions for asphalt road building, aggregate processing, and concrete production. The acquisition supports the formation of the Astec Digital division.
DN Solutions plans to invest KRW 107.6 billion to build a Global Unit Advanced Manufacturing Center in Busan, South Korea, by 2025. The facility will produce high-precision core parts for machine tools and create over 300 new jobs.
AVS-Yhtiöt Oy and its owners sold AVS-Power Oy, a Finnish technical wholesaler and manufacturer of pneumatics, industrial valves and compressors, to Beijer Oy, a subsidiary of Beijer Alma AB. The deal was advised by Avance Attorneys and reported on March 4, 2024.
Zuiko has entered into an agreement to acquire Delta S.r.l., an Italian manufacturer of sanitary products machinery.
Holsby Metall AB will deliver processed aluminum profiles for telecom infrastructure expansion in the USA and Italy, with an order value of SEK 100 million over three years, and will invest in six new production lines.
Stellar Industries plans to expand operations in Mason City by purchasing a former distribution facility adjacent to its existing plant, adding 155,000 square feet and 18 acres. The company will invest over $15 million and create at least 40 new jobs over five years.
Hauhinco Holding GmbH, parent company of HBT GmbH, acquired 100% of Breuer Motoren GmbH & Co KG, a Bochum-based supplier of drive and motor solutions for mining and industry, with retroactive economic effect from January 1, 2024.
Nors Group acquired 100 percent of the stock of Great West Equipment, a Volvo CE dealer covering British Columbia and Yukon, making it a wholly owned subsidiary. The transaction closed on March 1, 2024.
AHB Tooling and Machinery, LLC acquired Central UP Industrial Supply, Inc as of March 1, 2024. All employees of Central UP will become employees of AHB and remain at the same facility.
Turbo Systems Engineering Limited acquired Apple Food Systems, a Hull-based manufacturer of bespoke processing equipment for food and pharmaceutical industries. The acquisition strengthens Turbo's position as a one-stop shop for bespoke processing equipment.
HAIMER Group acquired a 25% stake in WinTool AG and entered a strategic partnership with TCM Group, gaining global distribution rights for WinTool and Toolbase software and hardware for tool management.
John Deere will invest R$230 million by 2026 to expand its tractor factory in Montenegro, Rio Grande do Sul, Brazil. The investment includes new production lines, expanded storage, a warehouse, a restaurant, and increased internal areas.
NETZSCH do Brasil inaugurated a new R$100 million manufacturing plant in Pomerode, Santa Catarina, to produce NOTOS spindle pumps for global markets. The plant had been under construction since 2021 and employs 70, with a target of 100 jobs by year end.
Atlas Copco Group acquired Zahroof Valves Inc., a Houston-based designer and assembler of reciprocating compression valve technology with 44 employees and about 130 MSEK revenue in 2023. The purchase price was not disclosed.
Gangtian Intelligent held a groundbreaking ceremony for Phase 3 of its high-end CNC machine tool core functional components project in Danyang, Jiangsu. The phase involves a 1.5 billion yuan investment, 51.4 mu of new land, and 90,000 sqm of new buildings for producing spindles and ATC products.
One Equity Partners (via OEP Hitch B.V.) and EMC S.r.l. propose to acquire joint control of CBM S.p.A., an Italian manufacturer of tractor attachment systems. OEP will hold 49% and EMC 51% of CBM's shares.
Guangdong Chuangneng Precision Machinery Co., Ltd. is building Phase II of its CNC machining center in Zhangmutou, Dongguan. The project, started in late 2022, is topped out and expected to start production in July 2024, increasing capacity by 60% to 16,000 units per year. Total investment is 100 million yuan.
Xinjin Power Group held a groundbreaking ceremony for its Energy Equipment Manufacturing Base in Luancheng District, Shijiazhuang, China. The base covers 338 acres with a total construction area of 220,000 square meters.
Rheinmetall received a fifth order from Germany's BAAINBw to modernize the Bundeswehr's Modular Medical Facilities total system, including X-ray containers with Siemens equipment. The contract value is in the mid-single-digit million-euro range.
New JCM Group held a groundbreaking ceremony for its energy equipment manufacturing base in Shijiazhuang's Luancheng district. The base covers 338 mu (22.5 hectares) with total investment over 1.1 billion yuan, will employ over 1,000 people, and is expected to begin initial production by December 2023.
Baker Hughes inaugurated an expanded production line for centrifugal compressors at its Talamona plant in the Valtellina area of Italy. The investment will add four specialized jobs, taking the site above 300 employees.
Bwv-Wellpappenmaschinen Vertriebs-GmbH completed the acquisition of a 30% stake in BHS Corrugated Maschinen- und Anlagenbau GmbH from Bobst Group SA on February 29, 2024. Financial terms were not disclosed.
Innovance, a 100% employee-owned holding company focused on manufacturing and industrial technology, has acquired Jorgensen Conveyor and Filtration Solutions, a provider of conveyors, coolant filtration systems, material handling equipment and chip processing equipment.
Mastercam, in conjunction with Sandvik, announced the signing of an agreement to acquire Cimquest, a reseller and service provider for Mastercam in the Northeast US. The acquisition aims to expand technology and support for Mastercam users.
Cooper Corporation inaugurated two new units in Satara, Maharashtra: a foundry expansion at K10-MIDC with 3,500 tons/month capacity, and an aluminum high-pressure die casting unit at E1-MIDC with 500 tons/month capacity. Combined, the facilities will employ over 250 people.
CATL will become Lonking's preferred supplier and the pair will collaborate on R&D and promotion of compatible products for electric construction machinery. Lonking also unveiled a new electric wheel loader equipped with a CATL battery.
Aero Engine Corporation of China (AECC) announced a winning bid for an integrated automation line for a 5-axis milling-turning composite machining center. The announcement was made on 28 February 2024.
NISSEI PLASTIC INDUSTRIAL CO., LTD. opened its second factory in China, NISSEI PLASTIC MACHINERY (HAIYAN) CO. LTD., in Haiyan County, Zhejiang Province. Construction was completed in December 2023 and operations began in January 2024. Initial production capacity is 15 units per month.
ELGi Equipments plans a long-term investment of more than ₹500 crore to build new buildings and production lines on its 120-acre campus outside Coimbatore. It will progressively move city factory operations there over five to six years.
QCC LLC acquired the DYNA 70025 Actuator product line and the DYNA Controls product line from Woodward. The transfer of manufacturing is expected to commence at the end of March 2024 for actuators and mid-May 2024 for controls, with completion by May 20, 2024.
Zayer, a machine tool manufacturer, has invested in Vixion Connected Factory, a deeptech startup owned by TECNALIA, becoming its industrial partner. The investment aims to advance digitalization and Industry 4.0 in machine tools.