Biesse signed a contract to acquire the entire share capital of GMM Finance Srl, holding company of the GMM Group (including GMM Spa, Bavelloni Spa and Techni Waterjet Ltd.), for approximately EUR 72 million in cash; the GMM Group makes machine tools for stone, glass and other materials.

Sweden's Electrolux Professional agreed to buy Japan's Tosei Corporation, a maker of professional laundry equipment and vacuum packing machines, for about 1.65 billion Swedish crowns ($163.3 million).

Femco Steel Technology Co., Ltd., a golf shaft manufacturer, entered into a definitive business combination agreement with SPAC Chenghe Acquisition I Co. to become a publicly listed company in the United States. The transaction will result in FST listing on Nasdaq.

JGM acquired a new fabrication facility in Sinking Spring, PA, adding 70,000 square feet of fabrication space and seven acres of outside storage. The company plans to employ over 75 team members at this facility and has installed a new Kinetic K5000 XMC Plasma, Oxy/Acetylene drill table.

Sukup Manufacturing Co. announced the acquisition of automation distributor Ramco Innovations, forming a new entity called Sukup Innovations. Ramco will retain its name, employees and operations.

Veslatec has acquired Sodankylä-based lifting equipment manufacturer Nordlift Oy on December 11, 2023, making Nordlift a subsidiary to strengthen Veslatec's position in international markets and expand product selection.

Oerlikon Group's Polymer Processing Solutions Division sold its Oerlikon Barmag Automation (OBAA) unit to Italian company Irico Gualchierani Handling Srl. The transaction occurred on December 20, 2023, with undisclosed financial terms.

Başak Traktör, a subsidiary of ASKO Holding, acquired 96.7% of the outstanding shares of Buhler Industries, parent company of Versatile and Farm King brands, for C$60.5 million including assumed debt.

BKB Group, a plastic machining company, finalized the acquisition of BLW Kunststoffen on December 20, 2023, to strengthen its position in high-quality plastic machining.

Hubei Tongfang Gaoke Pump Co began construction on a digital, flexible smart manufacturing base in Ezhou's Gedian Economic Development Zone on 20 December 2023. The project has a total investment of about 180 million yuan and will produce liquid ring vacuum pumps and turbo compressor units.

GreatStar Industrial announced plans to acquire Tesa Group, a Swiss high-precision measuring instrument manufacturer, from Hexagon Smart Solutions for EUR 40 million (USD 43.9 million) to enter the robotics parts processing machinery industry.

Wesco Group announced that English Color and Supply, a distributor with 76 locations in the central U.S., has joined the Wesco team, expanding its paint, body and equipment distribution network.

CASE Construction Equipment announced a USD 20 million investment over 18 months for new product launches and emission compliance in India, including production of steer loaders from next year.

BCD completed a €10 million investment to expand its base in Charleville, Cork, adding extra capacity and automated manufacturing to serve wider European markets.

TPI Composites extended and expanded its supply agreements with Nordex in Türkiye, adding two manufacturing lines for wind blades, bringing total to eight lines. The term was extended through 2026.

ASR Industries has inaugurated a new manufacturing facility, M/S ASM INDUSTRIES, in MIDC Waluj, Aurangabad, Maharashtra, to provide turnkey machining solutions including VMC, HMC, multi-axis, and turn mill centers.

Anhui Tanze CNC Machine Tool Co., Ltd. held a production ceremony for a new facility in Xuancheng, Anhui, China, with an investment of CNY 113.26 million. The plant will produce 500 CNC machining centers annually.

Norwegian Universal Technology has acquired 100% of the shares of Uvdal Maskinfabrikk AS, a Norwegian industrial machinery manufacturer. The acquisition was announced on December 18, 2023.

Yaskawa is opening a 35,000 ft² UK headquarters and manufacturing facility in Sunderland at Hillthorn Park, adjacent to Nissan UK and the International Advanced Manufacturing Park.

Lybover FIRE and Altebra Group have entered a strategic partnership, with Lybover transferring its Business Unit FIRE into a new company, Altebra Waregem bv, which will become a subsidiary of Altebra Group. The partnership aims to offer a total fire protection offering.

Kerui and Rockwell Automation signed a strategic collaboration agreement to jointly develop next-generation automated, digitized, and intelligent operational equipment for oil and gas fields, including drilling, workover, fracturing, and other equipment.

WEG, through its indirect subsidiaries, acquired the industrial electric motors and generators business of Regal Rexnord Corporation for $400 million, including brands Marathon, Cemp, and Rotor, and approximately 2,800 employees across ten factories in seven countries.

Matsuura Machinery will build a new plant in Echizen City, Fukui Prefecture, with an investment of about ¥2.8 billion. The plant will produce machining centers and start operations in January 2025.

Relevant Packaging installed an RMGT 1060TP-8 press from RM Machinery at its Omaha, Nebraska facility in September 2023, adding to its existing RMGT 1050LX press. The investment reduced production time from seven to four days.

Toscotec will supply a full dryer section rebuild, including 37 TT SteelDryers, for containerboard machine PM3 at Hamburger Turkey's Çorlu mill, planned for end of 2024.

Mitsubishi Electric and Visual Components formed a joint venture named ME Industrial Simulation Software Corporation to develop and sell 3D simulators for manufacturing. Mitsubishi Electric holds 70% and Visual Components 30%; operations began on November 1, 2023.

Nidec SYS GmbH held a ground-breaking ceremony for a new plant at its current location in Grafenau, Germany. The €17 million investment will add 3,000 m² of production space, 1,200 m² of office space and 500 m² of storage, increasing production capacity by 60%.

KHD Humboldt Wedag India, a subsidiary of KHD, signed a package of contracts with UltraTech Cement for a new pyro line, seven new clinker grinding units, one upgrade of a clinker grinding unit and three slag grinding units, with an order volume exceeding €50 million.

Dmitry Zyryanov has received a 3-hectare land plot in Birsk, Bashkortostan, to build a plant for CNC lathe-milling machines, with an investment of 160 million rubles and production start by end of 2026.

Shimada Machine Tool Co., Ltd. will inherit the multi-spindle automatic lathe business from Citizen Machinery Co., Ltd., effective April 1, 2024, including manufacturing, repair, after-sales service and parts supply.

Ningbo Changbi Hydraulic Transmission Technology has a pre-approval public notice for a smart manufacturing workshop in Fenghua District, Ningbo, producing 10,000 screw compressors and vacuum pumps per year.

Investment company Active Capital Company (ACC) acquired shares worth 4.5 million euros in Schumag AG through a capital increase in November 2023, and will purchase additional shares for 0.8 million euros, becoming the largest shareholder with 37.3% of shares. The funds will be used for investments in a future-proof machine park.

TSC Manufacturing and Supply LLC, a unit of CM Energy Tech Ltd., received the first order under a $163.8 million contract from Petroleos Mexicanos (PEMEX) for modernization of land drilling rigs. The order is valued at $13,211,970.

SPN Schwaben Präzision Fritz Hopf GmbH inaugurated a new 1,450-square-meter production hall in Nördlingen, Germany, to expand production capacity. The hall was built in nine months.

ABB has been selected as a project partner to supply control systems, drives and motors for the world's widest uncoated MG paper machine at Gascogne Papier's plant in Mimizan, France. The new PM7 will replace three older machines and produce 125,000 tons per annum.

Valmet will supply a Valmet DNA Distributed Control System and Valmet IQ Quality Control System to Union Paper Mills' paper machine PM 2 in Dubai, UAE. The delivery and start-up are scheduled for 2024.

Dacke Industri acquired all shares of Völkel Mikroelektronik GmbH, a German supplier of digital controls for mobile machinery. The acquisition strengthens Dacke's electronics business and European presence.

Japanese crane and aerial lift manufacturer Tadano is acquiring tracked aerial lift manufacturer Nagano Industry from private equity firm JAFCO in an all-share purchase deal. Nagano had sales of ¥5.6 billion in the last year.

H.I.G. Capital portfolio company SIAT Group bought a 50% stake in US-based Combi Packaging Systems from 3M, with terms undisclosed.

The Science and Technology Facilities Council awarded EagleBurgmann Industries UK a supply contract for a hydrogen top-up compressor and a process gas compressor, valued at 88,015 with work from January to August 2024. The award was dated 14 December 2023.

WSG Energy Services acquired Azoto Energy Services Ltd., a provider of engineered nitrogen pumping solutions in Western Canada, on December 13, 2023.

Deutz has agreed to take over sales and service operations for Rolls-Royce Power Systems' mtu Classic Series and mtu engine series 1000-1500 for off-highway applications, starting in 2024.

Makino Milling Machine Co. will invest 21 billion yen to build a new machine tool plant in Fujiyoshida, Yamanashi Prefecture, Japan. The plant is expected to start operations in January 2026 and will double production capacity for large machines.

DEUTZ AG reached a general agreement with Rolls-Royce's Power Systems Business Unit to take over the sales and service operations for mtu Classic series and mtu engine series 1000-1500, with expected additional revenue of around €300 million per year.

Kenzhuo Control Engineering held a groundbreaking ceremony on December 12, 2023 for a new facility in Xuzhou Huaihai International Port Area to produce 30,000 high-end control valves annually. The total investment is 100 million yuan ($14 million), with completion and production planned by October 2024.

Bondioli & Pavesi acquired 100% of the share capital of Siboni, a company specializing in electric motors and integrated electronics for industrial, agriculture, robotics and intralogistics sectors.

HOERBIGER has inaugurated a new production site in Changzhou, Jiangsu Province, which combines production and service for its Compression Division and Safety Business Unit, employing 250 people.

BP Energy Partners, a Dallas private equity firm, acquired Odessa American Industrial Machine, a Texas repair and parts firm for compressor and engine equipment, from AAVIN Equity Advisors. FMI Capital Advisors was the exclusive financial advisor.

Alfa Laval will provide fuel supply systems for WinGD's ammonia engine testing. The article gives few further details.

IKN is currently upgrading the existing kiln at Schwenk Zement's Allmendingen cement works.