Dana Incorporated becomes majority shareholder of TM4, Hydro-Québec's electric motor and inverter subsidiary, for CA$165 million, with Hydro-Québec keeping 45%. TM4's Boucherville, Québec facility and 130 employees remain in place.
SJE is constructing a 51,000 sq ft manufacturing facility on eight acres in the Ashland Business Park in Ashland, Ohio, designed by C.M. Architecture and built by Simonson Construction Services, with completion targeted for December 2018.
Ohio Transmission Corporation has bought Crimson Electric, an electrical apparatus service center in Duncan that repairs and tests AC/DC motors, servo motors, pumps and gear reducers, and will operate as a division of OTP Industrial Solutions.
OMRON announced it will build the second factory of OMRON (Shanghai) Co., Ltd. in Shanghai to expand control equipment and industrial robot capacity, doubling its China production capacity by fiscal 2020. Total investment is JPY1.0 billion.
Siemens Building Technologies Division agreed to acquire Enlighted Inc., a smart building sensor and lighting technology company. Financial details were not disclosed.
Cramlington-based AVID Technology has secured part of a £20.8m R&D project with Jaguar Land Rover and five other partners, backed by the Advanced Propulsion Centre, to develop hybrid electric vehicle electronics and componentry.
Landis+Gyr and Pacific Equity Partners agreed to form a joint venture, intelliHUB Holdings, to acquire the Acumen smart metering business from Origin Energy in Australia, with combined equity value up to AUD 75 million.
XP Power is acquiring Glassman High Voltage for £31.8 million in cash, funded by extending its credit facility, to expand its high-voltage and high-power product portfolio.
Miba Power Electronics Group will invest around EUR 10 million in a new high-power resistor production plant in Qingxi near Shenzhen, China. The plant is to employ about 300 people and begin operations in mid-2019.
Austrian technology group Miba plans to invest around EUR 100 million in China over the next four years. Two new plants are being built in Suzhou near Shanghai and Qingxi near Shenzhen.
Federal-Mogul Powertrain secured its first commercial customer contract for its Controlled Power Technologies unit, worth around $100 million, for development and series production of advanced starter-generator systems for an OEM, announced 29 March 2018.
Piller China received an order for 20MVA of Piller UNIBLOCK diesel rotary UPS systems to protect the Global Foundries and Chengdu Municipality FD-SOI semiconductor ecosystem in Chengdu, China.
Eurotunnel awarded GE Power's Grid Solutions a contract to supply a STATCOM system for the Channel Tunnel catenary traction system, to be sited in Folkestone, Kent and expected complete by end 2019.
ZIV was awarded a strategic contract to supply ESMR5.0 LTE smart electricity meters to Dutch distribution company Enexis Netbeheer, with deliveries starting in 2018 and rollout completed at the end of 2020. The case page is undated, so the article date is used.
ZIV won a EUR 24 million contract to supply single and three-phase smart meters to Spanish utility Iberdrola, following an earlier EUR 17 million order from Gas Natural. The announcement is undated in the case page, so the article date is used.
Emerson has launched a new manufacturing facility in Jubail, Saudi Arabia, producing solenoid valves, filter regulators and control cabinets. The plant aims to serve customers across the Middle East and Africa.
GE Vernova has signed an agreement to acquire Trench Group, a high-voltage grid equipment manufacturer, from Triton Partners for $9 billion. The deal is aimed at expanding GE Vernova's electrification business.
Flint & Walling is investing more than $5 million to buy and equip a vacant 100,000-square-foot factory at 800 W. Mitchell St. in Kendallville, Indiana, to bring motor production back from Mexico. The move will employ almost 40 people.
Dayton, Ohio fluid power distributor Scott Industrial Systems announced its acquisition of Sun Coast Hydraulic Electric Manufacturing, a maker of custom industrial control panels and hydraulic power units founded in 1993.
WEG's new production facility in Santo Tirso, Portugal is operating after an investment of more than €30 million. The plant is its second in Portugal.
GE, through its KAPES joint venture, was awarded a $320 million contract by Korea Electric Power Corporation to supply a 4 GW, 500 kV HVDC transmission link from eastern South Korea to the Seoul metropolitan area. Completion is expected by the end of 2021.
Emerson will invest $15 million to expand production at its Rosemount measurement and analytical equipment facilities in Chanhassen, Minnesota, creating 80 manufacturing and support jobs over three years, supported by state grants.
Bristol Compressors International and DHX Electric Machines announced an exclusive global strategic partnership to develop next-generation HVAC/R compressor technology using DwHX electric motors. The announcement was made on January 18, 2018.
Siemens inaugurated a new production line at its Balvanera plant in Corregidora, Queretaro, investing US$7.2 million to double capacity for low and medium voltage control panels and switches from 7,000 to 14,000 panels per year, adding 240 jobs.
Effective January 1, 2018, WIKA acquires Hirschmann MCS, a business unit of Hirschmann Automation and Control owned by Belden, which becomes WIKA Mobile Control with sites in Ettlingen, Chambersburg and a China joint venture.
Longacre Group announced the acquisition of Pyroban and Pyropress, makers of explosion protection equipment, from Caterpillar Inc. Brian Quarendon joins as CEO to carry out the carve-out and drive growth.
Emerson chairman and CEO David N. Farr has proposed in a letter to acquire all outstanding shares of Rockwell Automation at a total enterprise value of about $29 billion, with the combined company to be renamed Emerson Rockwell.
Invertek Drives is constructing a 5,500 square metre production facility at Welshpool, Powys, Wales, to raise drive output to more than 400,000 units per year, with completion due next year.
Honeywell subsidiary Systems Sensor Technologies plans to launch its plant in the Lipetsk special economic zone in December 2017, after investing about 400 million rubles. The plant will make electrical, automation, fire detection and gas detection equipment.
Pu Neng has been awarded a contract by Hubei Pingfan Vanadium Energy Storage Technology for a 3 MW / 12 MWh vanadium flow battery, phase 1 of the Hubei Zaoyang 10MW 40MWh storage demonstration project. The contract was signed on October 18, 2017.
Sferaco, a subsidiary of Thermador Groupe, has opened negotiations to buy 100% of Groupe Valfit, a Bussy Saint-Georges company that sells connectors, meters and valves to wholesalers, with a deal targeted by end of January 2018. Valfit reported 2016 turnover of EUR 5.9 million. No price was disclosed.
Murata Manufacturing will build a new production building at its Wakura Murata Manufacturing site in Nanao, Ishikawa, with construction starting February 2018 and completion targeted January 2019 at about JPY 3.5 billion.
Murata Manufacturing acquired the land and buildings of Sony's former Neagari semiconductor plant in Nomi, Ishikawa, completed October 13, 2017, forming Kanazawa Murata Manufacturing Nomi plant to meet electronic component demand.
Wabtec subsidiary Faiveley Transport secured an approximately $100 million contract from Alstom and Bombardier Transportation to supply braking, doors, HVAC, pantographs and other systems for the first 71 double-decker trainsets for Paris RER lines D and E.
DENSO will expand its Maryville, Tennessee operations, investing $1 billion and creating about 1,000 jobs to make the Blount County facility a primary North American manufacturing center for electrification and safety systems.
General Electric agreed to sell its GE Industrial Solutions business to a European rival for $2.6 billion. The deal is expected to close in the first half of 2018.
Enovation Controls, a Sun Hydraulics subsidiary in Tulsa, Oklahoma, announced a merger with fellow Sun subsidiary High Country Tek, which operates in Nevada City, California. The merger is scheduled for December 31, 2017.
Danfoss has acquired the Kavlico thin-film sensor technology and a 6,000 sqm building with a clean room near Hannover, Germany, from Sensata Technologies, with up to 40 new employees.
A new production line for import-substituting anti-surge valves, control valves and electric drives for Gazprom was launched at the Tomsk Electromechanical Plant on September 5, 2017. Gazprom invested 1.2 billion roubles in the project.
Miba took over full ownership of EDMS, a Slovenian manufacturer of power electronics components, effective September 1, 2017. Miba previously held 49% of the company, which employs about 40 people in Sentjernej.
Avingtrans Engineering Technology Group acquired Hayward Tyler, a maker of electric motors and pumps for energy and chemical industries, in an all-share transaction effective September 1, 2017. Hayward Tyler becomes a wholly-owned division of Avingtrans.
Spirax-Sarco Engineering agreed to acquire US-based thermal technologies company Chromalox from Irving Place Capital for a cash-free, debt-free consideration of US$415 million.
American Electric Technologies' M&I Electric business won a $4 million turnkey power delivery contract from a large US midstream oil and gas company for three compressor stations on a new crude pipeline from the Permian Basin to Nederland, Texas, with delivery expected in early 2018.
BorgWarner agreed to acquire Sevcon, Inc. in a transaction with an enterprise value of approximately $200 million, subject to Sevcon shareholder approval and competition clearance.
Rotronic divested its Swiss-based trading division, covering UPS solutions, rack systems, power supplies and F&B solutions, to Secomp effective 1 July 2017.
ABB and Thomas & Betts announced a $20.7 million expansion that consolidates R&D functions at a new location in Memphis, Tennessee, creating 90 new jobs in Shelby County.
Gazprom is set to purchase 6 billion rubles worth of anti-surge valves and electric drives for the Power of Siberia pipeline from Tomsk Electromechanical Plant (TEMZ), with production starting in September 2017.
Japan's Nidec Corp has taken a 100% ownership interest in LGB Elettropompe Srl, an Italian commercial pump and motor manufacturer. The article is dated 1 July 2017 and gives no price.
AIM-listed pumps and motors group Hayward Tyler agreed an all-share merger with fellow AIM engineer Avingtrans, valuing Hayward at 51.6p per share, subject to shareholder approval of a scheme of arrangement.
Soga Energy Team formalized its acquisition of CMZ Sistemi Elettronici Srl, a Vascon (Treviso) maker of industrial motion control electronics, drives and motors, on June 28, 2017.