Italian company Maschiopack has invested €6 million in its industrial container manufacturing plant in Tarragona, Spain, adding a second production line. The expansion is expected to double production capacity and create 30 jobs over four years.

Accurl CNC Machine Tools has broken ground on a new smart factory at its headquarters in Anhui, China, with an investment of approximately €38 million. Completion is expected by end of 2024.

Kent RO Systems plans to invest Rs 300 crore to set up a new fan manufacturing unit at Yamuna Expressway in Uttar Pradesh, India, as part of its expansion into appliances.

Lingong Heavy Machinery Co., Ltd. and CATAL New Energy Technology Co., Ltd. signed a strategic cooperation agreement on January 20, 2024, to jointly develop electric construction machinery, including new energy mining vehicles and battery technology.

Wise Equity, through its fund Wisequity VI, acquired a majority stake (around 70%) in Mep, a leader in machinery for steel bar processing based in Reana del Rojale, Italy. Founder Giorgio Del Fabro retains about 30%.

NCG (a public body) awarded a £400,000 contract to MACH Machine Tools Limited for 8 CNC milling machines, to be delivered in the North East of England. The contract runs from 11 March 2024 to 31 August 2024.

Solutions Construction was selected as the design and build contractor for Trelleborg Marine and Infrastructure's new manufacturing facility in Phu My 3 IP, Ba Ria – Vung Tau Province, Vietnam. The contract is valued at USD 30 million with a 15-month completion schedule.

Ares Management Corporation launched a new automation company, Automated Industrial Robotics Inc. (AIR), and acquired Totally Automated Systems (TAS) and Modular Automation as foundational companies. AIR was formed in August 2023.

AESSEAL placed a £3.97 million order with DMG Mori for energy-friendly machine tools for its 'Factory for the Future' in Rotherham, UK. The machines operate at European standard 400V 3-phase.

TRUMPF is building a new production facility in Pune, Maharashtra, India, investing around €5 million. Production will begin in 2024, aiming to produce 300 machines per year.

Kaman Corp. has entered into a definitive agreement to be acquired by Arcline Investment Management in an all-cash transaction valued at approximately $1.8 billion, with shareholders receiving $46.00 per share.

ABB has agreed to acquire a majority stake in software service provider Meshmind to expand its R&D capabilities in AI, Industrial IoT and machine vision. The acquisition will create a new global R&D hub in Sarajevo, Bosnia, for ABB's Machine Automation division (B&R).

Morris Property will build a new 60,000-sq.-ft. manufacturing and office facility for sister company Morris Site Machinery at the i54 South Staffordshire business park. The £6 million project starts November 2023 and will relocate the business from Four Ashes, Wolverhampton.

Redecam has been awarded a project to convert electrostatic precipitators to bag filters for Arabian Cement Co.

Zhuhai Bojay Electronics and Zhuhai Gejie Investment Fund signed a Master Purchase Agreement to acquire Hardinge Precision Machinery, Hardinge Machine Shanghai, and Wanshi Machine Tool for approximately $130 million.

Metso has officially opened a new screening media factory in Irapuato, Mexico, to serve aggregates and mining customers in North and Central America. The plant is part of a larger 9,000 sq m facility and is expected to be fully operational by the end of Q2 2024.

Lindsay Corporation announces plans to invest more than $50 million over two years to expand and modernize its largest global manufacturing facility in Lindsay, Nebraska, implementing Industry 4.0 technologies.

Saint-Gobain entered into a definitive agreement to acquire Glass Service, a provider of digital solutions for glass furnaces.

Voith has started up the rebuilt PM 2 paper machine at Schumacher Packaging's Myszków mill in Poland, doubling lightweight containerboard capacity from 500 to 1,000 tons per day.

CemAI Inc has teamed up with Summit Material subsidiary Continental Cement Company LLC to implement...

Navantia's Central Purchasing Committee awarded a contract to CMI Aeronáutica S.L. for the modernization of a SCHIESS FRORIEP vertical lathe at the turbine factory in Ferrol shipyard, for €419,600 (excluding VAT).

AESSEAL has taken delivery of £3.97m worth of energy-saving machine tools from DMG Mori for its Factory for the Future in Rotherham, UK. This is in addition to a previously reported £9.75m order for robots.

TII Scheuerle appointed Trex as its sales and service partner for Colombia, Ecuador, Peru, and Chile.

Manitou Group finalized the acquisition of a 75% majority stake in Italian companies COME S.R.L and Metal Work S.R.L, as announced on November 8, 2023.

Aubert & Duval ordered a 60 MN hydraulic closed-die forging press from SMS group for its Pamiers site in France. The press, part of a €75 million project, will produce precise forgings for aerospace and is scheduled to start in 2027.

Tornos and Tsugami signed a framework collaboration agreement to cooperate in R&D, procurement, production and distribution of machine tools. Initial contracts include Tsugami producing entry-level single-spindle machines for Tornos and distributing multi-spindle machines in Japan and Asia.

TMC Compressors will supply marine compressed air systems for Havfram Wind's wind turbine installation vessels (WTIVs), as reported on 16 January 2024.

DRT Holdings announced the purchase of U.S.-based Custom Machining Corporation for an undisclosed sum; CMC joins DRT's Metal Packaging Systems segment, which makes rotary end coating systems for metal packaging.

TMC Compressors will supply complete marine compressed air systems for two wind turbine installation vessels that CIMC Raffles is building for Havfram Wind; TMC will manufacture in Europe and deliver to China. The contract value was not disclosed.

Sauer Compressors acquired 100% of its Swedish sales partner Söders Maskinservice AB, effective 1 January 2024, to expand its presence in the Nordic countries; the company will operate as Sauer Compressors Nordics AB.

Hoerbiger has acquired Minor Industria Mecanica de Precisão Ltda, owner of the Minor Jupiter brand, in Brazil. The company will join Hoerbiger's Rotary Solutions Business Unit, strengthening its position in South America and adding local manufacturing for rotary unions and slip rings.

PERM Machine & Tool Co has acquired C&S Machinery Rebuilders of Paterson, New Jersey. C&S's operations have been relocated to PERM's main facility in Saint John, Indiana.

SOCO Machinery has completed construction of its Laser Technology Center in the Nangang Industrial Zone, Taiwan, with a total investment of US$32 million. The center will focus on laser cutting, welding, R&D and application.

ANDRITZ received an order to supply a wet felt production line to Saint-Gobain ADFORS in Litomysl, Czech Republic. The line is scheduled to start in mid-2021 and will increase production capacity for glass fiber felts.

Toray Advanced Composites and BASF have signed a manufacturing and supply agreement for continuous fiber-reinforced thermoplastic (CFRT) tapes for automotive and industrial markets. Toray will use BASF's Ultramid PA6 resin reinforced with glass or carbon fiber.

Fast Auto Drive signed a contract with GROB SYSTEMS to purchase horizontal machining center machine tools worth $32.3582 million. The equipment will help increase annual transmission output from 40,000 to 200,000 units.

SEFPRO, a business unit of Saint-Gobain Ceramics, has entered into a definitive agreement to acquire GLASS SERVICE. The transaction is subject to antitrust approvals and is expected to close by the end of the first half of 2024.

XCMG Hydraulics' high-end hydraulic valve project in the XZ High-tech Development Zone has been put into production, with capacity of 30,000 high-end hydraulic cylinders and 30,000 hydraulic valves a year, after a total investment of over 700 million yuan.

Valmet has secured a contract from Shandong Tian He Paper to deliver equipment for the PM 13 food-grade folding boxboard line in China. The machine has a width of 6,320mm and is scheduled to start in Q2 2025.

Capsol Technologies has been awarded a feasibility study for the CapsolEoP carbon capture project at Schwenk Latvia.

Komatsu (Changzhou) Construction Machinery Co., Ltd. officially started production at its third factory (foundry workshop) on January 12, 2024, with a total investment of approximately 230 million yuan, producing cast iron products for construction machinery with an annual design capacity of 22,000 tons and annual output value of about 300 million yuan.

On January 12, 2024, Hexcel and Woodward announced a final agreement for a peer-to-peer merger of all shares, creating a new company called Woodward Hexcel. The transaction is valued at approximately $6.43 billion based on closing prices on January 10.

Metalliance has won four contracts worth nearly €38 million to supply 52 vehicles for railway tunnel construction in Italy, with deliveries from January 2024 to June 2025.

China-based Jwell Machinery acquired extrusion blow moulding machinery maker Kautex Maschinenbau. Kautex will operate as an independent entity within Jwell Group, headquartered in Bonn, Germany. Financial terms were not disclosed.

Phillips Machine Tools and Upanal CNC Solutions announced a strategic alliance to expand market penetration in South India, providing local manufacturers with access to high-precision machinery and global technologies.

Neway CNC Equipment started construction of its Phase 4 factory in Suzhou, China, with an investment of CNY 750 million. The project is expected to increase annual output value to CNY 3.5 billion.

Elgi Equipments has signed a 10-year contract with Siemens to supply 2,400 sets of air screw compressors with dryer packages and 1,200 auxiliary compressors for locomotives. Elgi will also maintain the compressors for 35 years from supply, with deliveries starting next fiscal year. The contract was reported on 12 January 2024 and was signed in December 2023.

Fosber Asia held a topping-out ceremony for its new intelligent corrugator factory in Songxia Industrial Park, Foshan, marking completion of the main construction phase. The project has an investment of about 500 million yuan on a 13-acre site.

JGT2 Redevelopment LLC, a joint venture of New Mill Capital Holdings, Infinity Asset Solutions and Camjay LLC, has acquired the assets of Pixelle Specialty Solutions in Jay, Maine, including the paper mill site, equipment and cogeneration power plant. The new owners plan to repurpose the site for alternative industrial uses and energy projects.

Yuzhny Zavod Tyazhelogo Stankostroeniya (YuZTS) invested 627 million rubles, including a 500 million ruble loan from the Federal Industrial Development Fund, to produce new models of five-axis machining centers in Krasnodar, doubling output to 20 units per year and creating 45 jobs.