Koenig & Bauer and Durst Group committed to expand R&D capability at their joint venture Koenig & Bauer Durst GmbH in Radebeul, Germany. Daniel Velema will become managing director in February 2024.

SurAgro is building a new 525 m² industrial hall at its factory in Río Tercero, Córdoba, Argentina, to reorganize production and manufacture new agricultural parts. Completion is expected by late February or early March 2024.

TPA ROBOT, a Chinese linear motion actuator company, launched a new factory dedicated to producing ball screws, a critical component for linear modules. The facility uses German PROFIROLL equipment to manufacture C5 grinding and C7 rolling ball screws.

Baoding Jindi Machinery Co., Ltd. announced plans to expand its rebar joint coupler factory in Baoding, China, adding new production lines and warehouse space to increase production capacity.

Yuzhny Zavod Tyazhelogo Stankostroeniya (YuZTS) launched production of new five-axis machining centers in Krasnodar, Russia, doubling output to 20 units per year. Investment exceeded 627 million rubles, with 500 million rubles from the Federal Industrial Development Fund.

Valmet will supply key technology, including headboxes, press section, coating and automation, for Shandong Jin Tian He Paper's PM 13 food-grade folding boxboard machine in China. The value was not disclosed, and start-up is scheduled for Q2 2025.

GEA began operations at a new 86,000 square-foot fabrication, repair, logistics and training facility in Janesville, Wisconsin, representing about USD 20 million of investment. The site employs over 70 people.

Current Tools Inc., an industrial-tool manufacturer in Wellford, South Carolina, established a partnership with private equity firm LFM Capital. The partnership aims to provide resources for continued growth.

Walter AG and Gebr. Heller Maschinenfabrik GmbH have entered into a technology and development partnership focusing on integrated customer solutions for the machining industry. They aim to test, optimise and market their products through joint development of sustainable machining processes.

HANZA AB is investing SEK 75 million to build a new factory section of 8,800 square meters in Töcksfors, Sweden, expanding its existing production facility. The new facility will provide new areas for assembly, with occupation planned for the turn of the year 2024/2025.

RIGA has been awarded two maintenance contracts with Lafarge Africa Plc in Nigeria.

VEM Group will build an electrical motor R&D and production base in Wuxi National Hi-Tech District, China, with a total investment of 1.05 billion yuan ($147 million). The base will produce 1,500 motors, control systems, and wind power generators annually.

Misumi Group has expanded its local production capacity in Mexico by 100% to expedite quote fulfillment and improve shipping reliability. Initial products include locating pins, shafting, and precision spacers.

Palmer Johnson Enterprises acquired Greenville, South Carolina-based Continental Engines, a distributor of diesel engines and generators. Continental Engines' president Jeff Cooper will remain to lead the business.

Atlas Copco Group acquired the technology of Utah-based Hycomp Inc, a privately owned maker of high-pressure oil-free compressors and boosters with 37 employees and about USD 8 million in 2023 revenue. The purchase price was not disclosed.

WALTER Surface Technologies has acquired Greenfield Industries, a US-based manufacturer of branded and private label cutting tools. Greenfield will continue to operate under its own brands.

Parker Freeze Dry, a division of ProForm Fabrication, has moved into a new 130,000-square-foot facility in Beresford, South Dakota, equipped with state-of-the-art equipment to expand freeze dryer production capacity.

Kennametal India Limited inaugurated a new metal cutting inserts manufacturing facility at its Bengaluru campus. The facility is part of Kennametal Inc.'s global modernization program and will produce Kennametal and WIDIA brand inserts for customers in India and beyond.

Produmat completed construction of its own electrical substation and a new steel warehouse at its new factory in Las Varillas, Córdoba, Argentina. The electrical substation investment was approximately $3.5 million. The company also expects a new horizontal machining center.

CMN Technology is constructing a new factory of about 49,047 square meters in Taizhou Bay New District, Zhejiang, with total investment of 500 million yuan, expected to complete in 2024.

Swedish public company Lindab International acquired Vicon Machinery Group, a US-based manufacturer of HVAC ductwork machinery. Vicon's second-generation owners will remain with the company.

Linamar acquired Saskatchewan-based air drill manufacturer Bourgault for $640 million, gaining 100% equity. The acquisition also includes Bourgault's divisions Freeform Plastics and Highline manufacturing line.

Precision hydraulic componentry maker Oilpath will build a new engineering and manufacturing facility of nearly 3,000 square metres at the Tonsley Innovation District, relocating from Edwardstown. The investment is about AU$7 million.

Wellen Food-Group has acquired the machine builder Josef Benedens, integrating it as Rondo Tech. The site and operations will be retained.

Sany Group is constructing a new energy sanitation equipment smart manufacturing base in Huaihua, Hunan Province, China, with an investment of 1.2 billion yuan ($167 million). The facility will cover 500 mu (33.3 hectares) and have an annual capacity of 10,000 units, producing smart sanitation robots and new energy vehicles.

The Babcock Wanson Group announced the building of a new 80,000 m² plant in Nérac, France, to increase production capacity for decarbonised process heating solutions. The first phase is scheduled for completion by end of 2026.

Menzel Elektromotoren opened a new headquarters and motor plant in Hennigsdorf near Berlin. The facility has 6,416 m² of hall space and 2,096 m² of office space, and the workforce can expand from 100 to 150.

CMD Corporation has signed an agreement to acquire FAS Converting Machinery AB, a Swedish company that develops and produces machinery for converting plastic film into bags on a roll. The acquisition is expected to be finalized by January 23rd.

Hardinge, Inc., a US-based provider of metal-cutting solutions, has entered into a definitive agreement to acquire WEISSER Group, a German manufacturer of precision turning machines. WEISSER's sales were approximately $90 million.

EOSS Industries, Kanzler Verfahrenstechnik and the Rieckermann Group have acquired BDI-BioEnergy International, a specialist in biodiesel and biogas plants. The acquisition price was not disclosed.

Thermon Group Holdings, Inc. acquired Vapor Power International, a provider of industrial process heating solutions including electric and gas-fired boilers. Vapor Power had revenue of over USD 50 million in 2023. The acquisition was announced on 2 January 2024.

Nanzhen held the groundbreaking ceremony on 2 January 2024 for the second phase of its smart manufacturing center in the Nanjing Binjiang Development Zone, planned for vacuum and compression products with annual capacity of 500 systems.

Bluechip Industrial Services was engaged by CBH Group under an MGA to supply, fabricate, assemble and deliver conveyor equipment including drive frames, tail modules, conveyor modules and an automated tripper, valued at $3 million.

The Huber family, through Huber Group Holding SE, acquired J. Schneider Elektrotechnik GmbH, a specialist in temperature control equipment for research and industry, based in Offenburg, Germany.

Trinity Truck and Trailer Service, a milk transport tanker manufacturer, is investing at its headquarters in Ithaca, Michigan, creating 100 jobs as part of a project supported by the Michigan Strategic Fund.

CSIC Longjiang Guanghan Gas Turbine Co., Ltd. purchased CNC equipment worth over 10 million yuan from Shandong Haite CNC Machine Tool Co., Ltd., including gantry machining centers, overhead five-axis machining centers, and horizontal five-axis machining centers for gas turbine core component processing.

Genevieve Swiss Industries, Inc. has merged with Utilis AG of Mullheim, Switzerland. The combined group has over 100 years of experience in aerospace, automotive, medical/dental and energy markets.

PAO Penzkompressormash in Penza modernized its machine tool fleet in 2024 with an investment of about 1 billion rubles, raising productivity; the regional minister reviewed the project in August 2025.

Hangcha Group completed Phase III of Hengfan Science and Technology Park, adding 105,000 m² of building area for production of lithium batteries, aerial platforms, AGVs, and automated logistics systems. The company also added a new assembly line for 10+ ton industrial vehicles at its Qingshan facility.

Queensland Fire and Emergency Services (QFES) awarded Bauer Kompressoren Aust P/L a contract to supply compressors, valued at AUD 10,848.20. The award was published on December 31, 2023.

Donaldson Company is expanding its iFIL USA plant in Harrisonville, Missouri, with a $6.4 million investment that will add 35 jobs. The city approved an $800,000 tax abatement for the project.

Sandvik has signed an agreement to acquire pro-micron GmbH, a German-based supplier of sensorised tools and automation software, for an undisclosed amount.

DMG MORI Manufacturing Technology (Pinghu) Co., Ltd. is building a 106,425 sqm plant in Pinghu, Zhejiang, China, with an investment of 651.69 million yuan. The plant will produce 2,000 five-axis machine tools per year.

J K Phillips LLP, a joint venture between Jaykay Enterprises and Phillips Machine Tools India, received an order from Ircon International for design, supply, installation, and commissioning of CNC machines for MSME training centers on a turnkey basis.

Fragar is expanding its industrial plant in Monte Maíz, Córdoba, Argentina, and developing new products including a mechanical weed controller and a sweet corn harvester.

Bonfiglioli India has inaugurated a new production plant in Pune, India, to manufacture gearmotors, drive systems, planetary gearboxes, and inverters for industrial automation, mobile machinery, and wind energy.

Tramec S.r.l., a gearbox manufacturer based in Calderara di Reno, Italy, has acquired 100% of Varmec S.r.l., a Vicenza-based producer of gearboxes and variable speed drives. The acquisition is part of Tramec's consolidation plan in the motion control sector.

Brunvoll has ordered two large machining centers from PAMA S.P.A for its factories in Volda and Molde, Norway, as part of a 100 million NOK investment to expand capability and capacity.

Fabryka Obrabiarek RAFAMET S.A. signed a contract with FLSmidth LLP of Kazakhstan for the delivery of a KCI 500 N vertical boring mill worth €2.68 million, with execution by February 22, 2025.

Outokummun Metalli Oy completed a €4.5 million investment program (2022-2023) at its factory in Finland, including a new DNS HM 1250 machining center, a factory hall expansion of 1,080 m², a robotic welding station, and a renewed assembly line for harvester heads.