Glass Futures, a public body, awarded a £680,000 contract to Glass Resorts t/a Pro-Sight for the design, supply, installation and commissioning of container ware conveyor systems for its Centre of Excellence in St Helens, North West England. The contract runs from 10 May 2024 to 12 Dec 2024.
Equipment Ontario Incorporated announced on February 27, 2024, that it has acquired the majority interest of Advance Construction Equipment Limited. The Advance Equipment name will remain as a division of Equipment Ontario.
John Crane, a business of Smiths Group, was selected to supply dry gas seals for three supercritical CO2 compressors at a large-scale blue hydrogen project in Texas, USA. The announcement was made on 27 February 2024.
PT Mitsubishi Jaya Elevator and Escalator received a large order to supply 33 elevators and 22 escalators for Phase 1 of the Nusantara capital city project in Indonesia.
Kele, Inc., a portfolio company of The Stephens Group, acquired AC Controls and AC Technical Services, a distributor and rep of industrial process and combustion applications. The deal expands Kele's footprint in industrial automation.
William Say & Co invested over £850,000 in its Bermondsey, London site, including a new cutting line costing over £500,000 (operational since March 2023), refurbished power presses and bodymaker machines.
The European Commission approved the acquisition of joint control of Wesco Aircraft Holdings (Incora) by Allianz SE and Silver Point Capital. Incora provides supply chain solutions in defense, space, automotive and industrial sectors.
DN Solutions (formerly Doosan Machine Tool) will invest 107.6 billion won to build a Global Unit Advanced Manufacturing Center in Gangseo-gu, Busan, South Korea, by 2025. The facility will produce core machine tool parts and create over 300 new jobs.
GE Aerospace announced an $11 million investment to transform its Engine Services facility in Singapore into a Smart Factory, leveraging lean manufacturing and additive technologies to improve engine component repair. The project will start at Seletar Aerospace Park and expand to two other plants.
Caterpillar plans a $725 million expansion and retooling at its Lafayette Large Engine Center, including a 325,000-square-foot addition and $625 million in machinery and equipment, to support growth in energy and transportation sectors.
Omnia Technologies acquired Win&Tech and Innotec, two Italian companies specializing in microfiltration technologies for the wine and beverage industry, to create a new microfiltration business line.
Q-Interline has received its largest order to date from a global dairy company for four DairyQuant GO analysers for measuring plant-based drinks. The order expands the collaboration to the UK.
JTA Connection has received an order worth over €500,000 from ST-Koneistus for an automatic pallet loading system, to be integrated with a Mazak Palletech system. The order includes JTA Connection's Nexus operating system.
Exmain inaugurated new industrial facilities in León, Spain, on February 22, 2024, featuring a 1,672 m² building with solar panels and EV charging, and announced the addition of Sany as a distributed brand.
Voith will supply an intelligent quality control system (QCS) to board manufacturer WEIG for its BM 6 at the Mayen mill in Germany, including installation and commissioning.
Matsuura Machinery is expanding its Takefu Plant in Echizen City, Fukui, with a new assembly building and spindle building, increasing machining center production by 20% to 40 units per month. Investment is about 2.8 billion yen.
Dongsung Finetec signed a letter of intent with Hanwha Ocean to supply NO96 LO3+ type insulation for LNG carriers, valued at 90 billion KRW, with delivery by 2027.
Fabryka Obrabiarek RAFAMET S.A. signed a contract with PESA Mińsk Mazowiecki S.A. to supply a UFD 140N portal lathe with friction drive for PLN 6.499 million. Delivery is set for January 31, 2025, with installation within 35 days thereafter.
Atlas Copco appointed Philippe Ernens president of its Compressor Technique business area and member of Group Management, effective May 1, 2024. He was previously president of the Oil-free Air division.
EiM Capital and Apogee Global signed a definitive agreement to acquire Dana's European hydraulics business (formerly Brevini Fluid Power) in Reggio Emilia, Italy, and combine it with HPI, creating a hydraulics engineering group with about 700 employees.
Finnish companies Sammet Dampers Oy and Caligo Industria Oy announced a sister-company merger, with Sammet's assets and liabilities transferred to Caligo Industria, effective March 31, 2024.
Dusty TLP Ltd., owner of PEAK Scientific, acquired Wirac Automation Ltd (trading as Noblegen), a specialist in gas and cryogenic solutions. The acquisition broadens Dusty TLP's portfolio in gas generation technology.
Kilburn Engineering Ltd (KEL) acquired M E Energy Private Ltd, a waste heat recovery and reutilization systems company, for an aggregate consideration of Rs 98.70 crore (including cash payout of Rs 75.46 crore). The acquisition aims to strengthen KEL's thermal engineering portfolio.
Helmerding hiw Maschinen GmbH is constructing a new assembly hall at its headquarters in Bad Oeynhausen, Germany, and equipping it with ABUS cranes (2x 40-ton and 2x 10-ton).
Genevieve Swiss Industries Inc. has partnered with Utilis AG, a developer of micro-cutting tools for micromechanics, watch- and medical technology, to expand North American and European markets.
Hyosung Chemical will expand its nylon film activities with a second simultaneous production line from Brückner Maschinenbau, the world's first 7.4m wide line for BOPA film.
Dana Inc. has entered a definitive agreement to sell its European hydraulics business to HPI Group, a hydraulics business jointly held by Apogee Group and EiM Capital; completion is expected later.
XCMG will add a second shift at its Pouso Alegre, Brazil factory, hiring 200-300 new workers, as part of a R$270 million investment to increase production of yellow-line machines.
Grimme Landmaschinenfabrik plans to invest around €20 million to build a new assembly plant and shipping hall in the Niedersachsenpark industrial park, creating 120-140 jobs. The assembly plant will produce two-row potato harvesters.
Douglas Manufacturing Co. plans to invest $11.7 million to expand its production facility in Pell City, Alabama, constructing a 50,000-square-foot idler plant and adding 50 jobs.
Raute Corporation signed a EUR 20 million contract with AmberBirch, SIA of Latvia for technology delivery of a birch veneer production plant expansion with 60,000 m3/a capacity. Equipment will be delivered between end of 2024 and beginning of 2025.
Hitachi Construction Machinery Americas opened a new regional headquarters in Newnan, Georgia, on a 19-acre campus that includes office, training, and conference space. The facility responds to a tenfold increase in demand for its earthmoving machines.
Toyota Material Handling is planning a major expansion at its Columbus, Indiana site with a $100 million investment for a 260,000 square foot facility to meet growing demand for electric forklifts, starting production in June 2026.
Pattyn Packaging Lines has acquired a majority share in Delaere Engineering, a machinery manufacturer specializing in filling lines for big bags and octabins, to expand its packaging solutions portfolio.
ABB won an order from GNA alutech to supply four electromagnetic stirrers for a new melting and casting complex at a US aluminum manufacturer. The complex is under construction and commissioning is expected in late 2024.
HD Hyundai Heavy Industries signed a contract with an Africa-based shipping company to build two very large ammonia carriers (VLACs) worth 322.8 billion won. The contract runs until February 26, 2027.
Dongguan Liyang Intelligent Technology Co., Ltd. (LEYO Technology) signed a cooperation plan to invest 500 million yuan (including 100 million yuan in fixed assets) in a CNC machine tool production project in Quannan County, Jiangxi Province. The factory will produce 3-5 axis CNC milling machines, machining centers, and gantry machining centers. Construction is expected to start in October 2024.
Sumitomo Construction Machinery announced it will build a new factory for hydraulic excavators within Sumitomo Heavy Industries' Yokosuka manufacturing site. The investment is about 6.5 billion yen, with a building area of 22,000 sqm, annual production of 2,000 excavators, and about 225 employees. Operations are scheduled to start in August 2025.
Motion Industries signed a definitive agreement to buy the operating assets of Perfetto Manufacturing and SER Hydraulics, fluid power companies in Sudbury, Canada, with closing expected at the end of February 2024; terms undisclosed.
BOOSTHEAT announced it has entered final negotiations with a French manufacturer to develop a new-generation ionic fluid hydrogen compressor for refueling stations and decentralized storage, possibly via a joint venture.
Compact Membrane Systems will invest $3.1 million to expand operations in New Castle, Delaware, building out 10,864 square feet of R&D and manufacturing lab space plus 4,200 square feet of additional space. The company expects to add at least 38 employees over three years.
Russian investor Uralkran is building a 15,000 sqm crane manufacturing plant in the Qyzyljar SEZ in Petropavlovsk, Kazakhstan. The plant will produce truck, gantry, container, and tower cranes with capacities up to 500 tons.
TMH-Elektrotekh, part of Transmashholding, will invest RUB 3.4 billion in 2024, an 80% increase from 2023, focusing on expanding production of electric machines for locomotives, metro, and railcars. The full launch of new production is planned for 2025.
Bridgeport Machine Tool Company was acquired by InCompass, the platform company of Colchester Machine Tool Solutions. Bridgeport will continue as an InCompass brand, pooling knowledge with Colchester.
Kurgan Road Machinery Plant (Kurgandormash) plans to produce 138 front loaders in 2024, up from 83 in 2023, a 66.25% increase. The company has invested 840 million rubles in the project and is creating 150 new jobs.
The acquisition of Remazel Engineering S.p.A. by Fincantieri has been completed.
Tadano plans to expand production at its Tadano Faun GmbH site in Lauf, Germany, by adding new production lines and volume.
Tadano Demag plans to close its Wallerscheid plant in Zweibrücken, Germany, and cut over 400 jobs, while expanding production at its Lauf site.
ST-Koneistus has invested over €2 million in a new production system for aluminum hydraulic manifolds, including two Mazak machining centers and a Palletech system. The system is expected to be in production by September 2024.
Suvema AG and Newemag AG have merged to create TOLUS Group AG, a new Swiss leader in CNC machine tool solutions. The merger combines over 100 years of experience.