Dearing Compressor & Pump Co. completed its first acquisition by merging with Pittsburgh-based Kruman Equipment, a Gardner Denver industrial air compressor distributor, roughly doubling its industrial air compressor business.
Chinese company Sunstrong announced an initial investment of $20 million to build a plant in Torreón, Coahuila, Mexico, which will supply Milwaukee Tools and generate about 500 direct jobs in the short term.
Henry Brothers was awarded a £30 million contract to construct the 10,500m² Factory of the Future building for the Advanced Manufacturing Innovation Centre (AMIC) at Global Point Business Park in Newtownabbey, Northern Ireland, a £100 million Belfast Region City Deal project.
INGC Company opened a new production shop in Perm, Russia, as part of a program to expand production and storage areas, with plans to create over 100 jobs for highly-skilled workers.
Sandvik acquired a minority stake in up2parts GmbH, a German AI-based manufacturing software start-up, simultaneously with an investment by Schaeffler Group.
WEG S.A. announced the acquisition of the industrial electric motors and generators business of Regal Rexnord Corporation, including the Marathon, Cemp, and Rotor brands, for $400 million. The deal includes 10 factories in seven countries and about 2,800 employees.
National Vacuum Equipment announced further investment in new automated machinery at its Traverse City, Michigan factory to increase manufacturing capacity for industrial vacuum equipment.
T.G. Nuttall Packaging Ltd signed a sales contract with GTS Europe for a two-colour Weipong Venus 820 casemaker, to be installed at its Manchester site in the second quarter of 2024.
Ferrovienord SPA awarded Plasser & Theurer a contract to supply a leveling, lining and tamping machine and associated maintenance for EUR 8,509,723.88. The machine is to be delivered within 36 months of contract signing, with full maintenance for 9 years.
Angelini Industries announced a commitment of up to €600 million over five years for its Angelini Technologies division, including renovation of the Fameccanica plant in San Giovanni Teatino, Italy, and a new automation and robotics plant in the USA that will employ 250 people.
KVA Linth awarded NEXT Cooling SA a contract worth CHF 5.385 million for Lot 3.3 LUKO of the KVA Linth 2025 project, involving industrial machinery and steam condensers.
Komatsu is acquiring Matfield's 14-acre site in Arizona, including a warehouse and shop, to expand its national field service teams in Canada and the US and to expand its milling and machining segment.
OOO 'Iskra-Neftegaz Kompressor' (INGK) has launched an investment project to develop and manufacture a 2 MW gas turbine for its own power unit, expanding production at a former Rusturbomash site in Perm. The project, supported by the regional Industrial Development Fund with over 45 million rubles, is expected to create more than 100 jobs.
SMX Industrial Solutions, a portfolio company of Emko Capital, has acquired Preston Eastin, a manufacturer of robotic and welding positioning systems based in Tulsa, Oklahoma. The acquisition expands SMX's product line in advanced fabrication and welding solutions.
Siemens and Saudi Coffee Company agreed to collaborate on building a smart factory in Jazan based on Siemens' electrification, automation, and digitalization technologies.
DMG Mori Seiki announced it will acquire all shares of Kurashiki Kikai from Kuraray for ¥4.5 billion in October 2023. Kurashiki Kikai manufactures CNC horizontal boring and milling machines.
Ando Tekko, a manufacturer of precision reducer parts for industrial robots, will build a new factory in Gobo-cho, Gifu Prefecture, Japan. The first-phase investment is approximately ¥5 billion, with the plant expected to start operations in autumn 2027, doubling production capacity.
Durst Group, a manufacturer of digital printing solutions, acquired Aleph SrL, a pioneer in sustainable digital solutions for textiles and interior/exterior decorations, to strengthen its position in water-based printing technologies.
ANDRITZ Group signed a buyout agreement to acquire Dan-Web Machinery A/S, a Danish leader in airlaid technology for nonwovens production, to broaden its nonwovens division portfolio.
Ceratizit USA, a subsidiary of Plansee Group, acquired all shares of Xceliron Corp, a manufacturer of special solid carbide tools for aerospace and automotive industries in Chatsworth, California.
McElroy Manufacturing, a maker of thermoplastic fusion equipment, announced a strategic partnership with Lawrence, Massachusetts-based thermoplastic valve and pipe maker Asahi/America, providing a tool fleet for butt and socket fusion of pipe up to 630 mm plus an online welding certification system expected in early 2024.
Xinnuo Precision Machinery (Anhui Xinnuo Precision Machinery Co., Ltd.) held a groundbreaking ceremony for its 'Large Intelligent CNC Machine Tool Manufacturing Project' in Huangshan, which will produce gantry and horizontal machining centers to expand capacity.
West End Precision has taken delivery of its 18th Nakamura-Tome turning centre, a WT150IIF, from Engineering Technology Group to enhance production efficiency and meet surging demand.
Doncasters announced a $52 million investment in its Bochum, Germany site to establish advanced large Industrial Gas Turbine casting capabilities, including a new 3,000 sqm production hall and automated shell line, with work already commenced.
ANDRITZ received an order from Nordic Paper to deliver a new wood room with chip and bark handling for its Bäckhammar mill in Sweden. The plant will have capacity to process over 1.4 million m³ sob of pine and spruce logs annually, with start-up scheduled for Q4 2025.
Qinchuan Machine Tool's controlling subsidiary plans to invest 361 million yuan to build the first phase of Baoji Machine Tool Group's high-end CNC machine tool industrial park.
OFS Technologies has begun construction of a production complex for high-tech oilfield service equipment in Tyumen, Russia, with an investment of about 3 billion rubles. Commissioning is scheduled for 2025.
GKN Aerospace has ordered two NXG XII 600 additive manufacturing systems from Nikon SLM Solutions for producing aerospace components. The order includes one system for In718 and one for Ti64.
Metso has extended its manufacturing capacity of mobile track-mounted crushing and screening equipment in Alwar, India, by opening new facilities. The factory size is now approximately 340,000 square meters, adding 35% more capacity. The official opening took place on September 19, 2023, with full capacity ramp-up by end of year.
Excelitas Technologies has agreed to acquire the Heraeus Noblelight business from Heraeus Group to expand its industrial technology portfolio.
Perpetua Holding GmbH has acquired a majority stake in epis Automation, a provider of industrial electronics solutions based in Albstadt, Germany, with nearly 100 employees and annual revenue of around EUR 30 million.
Ficep completed a reorganization of its production department in Crosio della Valle, Italy, adding two new Mazak HCN 8800 lines and an FMS system, increasing production capacity of drilling and sawing lines for the steel construction industry by 50%.
Rockwell Automation and Infinitum announced an exclusive agreement to jointly develop and distribute high-efficiency integrated low voltage drive and motor technology for industrial applications.
HFCL secured a Rs 1,015 crore order from Madhya Pradesh Jal Nigam for EPC services including laying optical fibre cables for a multi-village drinking water supply network in Sheopur district.
Poclain installed two new machines at its Žiri plant in Slovenia, its main valve manufacturing site, making fine machining five times faster and improving flexibility.
McClung-Logan Equipment Company, Inc. acquired the field service division of ML Utilities, effective September 1, 2023, creating the McClung-Logan Utilities Division to focus on repair and maintenance of utility vehicles.
Sunbelt Rentals has acquired Runyon Equipment Rental, a premier independent provider of rental equipment in the greater Indianapolis market. The acquisition expands Sunbelt's presence in the Indianapolis area.
LiuGong India has started building a new manufacturing facility in Pithampur, covering 20 acres with an investment of $2.8 million. The plant will focus on producing excavators.
Ningxia Ningdong Tairui New Materials Co., Ltd. awarded a CNY 6.41372 million contract to Zhejiang Yufeng Machinery Co., Ltd. for the supply of filters for its high-performance fiber materials project in Ningdong, Ningxia. The award was announced on September 15, 2023.
GEA will supply two RedGenium ammonia heat pumps and a thermal storage tank to Britvic's beverage production facility in Beckton, London, as part of a heat recovery system to decarbonize 50% of heating demand.
Pixelle Specialty Solutions has invested US$1.4 million to install a Valmet smelt spout robot at its Spring Grove, Pennsylvania facility, the first such installation in North America, to improve safety and productivity.
AGI is expanding manufacturing capacity at its Bengaluru, India facility to produce portable grain handling equipment for the Asia Pacific market. The expansion dedicates 4,180 m² of production space and will initially produce AGI Westfield STX 2 and AGI XTA truck augers.
Wuhan Heavy Duty Machine Tool Group (武重集团) won three contracts totaling nearly CNY 120 million for CNC heavy-duty machine tools, including horizontal lathes, boring-milling machines, vertical lathes, and gantry boring-milling machines, for hydropower, nuclear power, and wind power sectors.
Enpower Electric and Robert Bosch agreed to set up a joint venture in Shanghai to develop and manufacture high-voltage electrical devices for new energy off-highway engineering machinery and trucks, with registered capital of CNY 100 million.
Vetromeccanica announced the acquisition of a new 13,000 square metre production area in Italy, between Parma and Reggio Emilia, operational from October 2023, to increase assembly and testing capacity.
VBG Group, through its subsidiary Ringfeder Power Transmission India Private Ltd, signed an agreement to acquire all shares in Indian company Rathi Transpower Pvt. Limited for a total purchase price of approximately 300 MSEK.
The Timken Company acquired Des-Case, effective September 5, 2023. Des-Case will join Timken's portfolio of engineered bearings and industrial motion products.
Japanese motor maker Nidec and Takisawa Machine Tool have reached an agreement for Nidec to acquire Takisawa. Nidec will launch a tender offer on September 14, 2023 at 2,600 yen per share.
Inbolor (Shenzhen) agreed with Robert Bosch International Investment and Bosch (China) Investment to form a joint venture with registered capital of CNY 100 million, to develop and produce high-voltage electrical components and gearboxes for off-highway new energy industrial vehicles.
Santoni Shanghai Knitting Machinery Co., Ltd. acquired Terrot, a manufacturer of circular knitting machines.