Hillenbrand has completed the acquisition of the Schenck Process Food and Performance Materials business from Schenck Process Group for an enterprise value of approximately $730 million, adding over 1,300 employees and complementary technologies.
US-based canmaking equipment manufacturer Belvac Production Machinery has acquired Arc Pacific to strengthen its position in the two-piece canmaking machinery sector.
Hanwha Ocean selected TMC to supply control, service air and nitrogen feed air compressors for six LNG carriers of 174,000 cubic meters each. TMC will manufacture the equipment in Europe and ship it to South Korea; the contract value was not disclosed.
Aurora Energy Services has acquired Scottish lifting and inspection company NMS - Northern Marine Services.
XCMG Brazil signed investment tax incentive agreements with Pouso Alegre in Minas Gerais, Brazil, to expand its local operations.
Tooling 2000 has invested £1.8 million over two years in new plant and hiring, including a Hurco TM12i CNC lathe and two five-axis machining centres, to expand into sub-contract machining for sectors like power generation.
JOST Werke SE has signed a purchase agreement to acquire LH Lift Oy, a Finnish manufacturer of three-point linkages and hitches for agricultural tractors. LH Lift has production sites in Finland and China with about 88 employees.
Valmet will deliver key technologies, automation and services for Naini Papers' cooking and fiberline rebuild and a new specialty paper machine PM 3 at their mill in Kashipur, India. The delivery is scheduled for Q1 2025 and valued between EUR 40 and 60 million.
Winston Industries is investing $1.2 million to expand its facility in Jeffersontown, Kentucky, retaining 215 jobs and adding 5 new positions. The investment includes automation equipment and facility renovations.
BAUER KOMPRESSOREN CHINA established a 7,000 sqm manufacturing facility in Taicang, Jiangsu near Shanghai to meet rising demand for its new BM medium-pressure compressor series.
Bonnell Industries held a groundbreaking ceremony on August 30, 2023, for a new 100,000 sq ft manufacturing facility in Dixon, Illinois. The facility is expected to be operational by July 2024.
Titan Machinery Inc. entered into a definitive agreement to acquire J.J. O'Connor & Sons Pty. Ltd. (O'Connors), the largest Case IH dealership group in Australia, for $63 million in cash. O'Connors operates 15 dealerships in southeastern Australia.
Birdon America, Inc. announced that Master Boat Builders, Inc. will build the superstructure for the Waterways Commerce Cutter (WCC) Program under a subcontract. The WCC program is part of Birdon's $1.187 billion contract to design and build 27 vessels for the U.S. Coast Guard.
Highland West-backed Bid, an integrated supplier to the wood processing industry, has agreed to acquire Industrial Cutting Solutions. The deal was announced on August 30, 2023.
The Government of Canada invested nearly $4 million in FBT Inc., a precision machine components manufacturer in St. Catharines, Ontario. The investment will fund facility upgrades including robotic and automated solutions to increase production by 75% and create 40 jobs.
Keswick Partners, an investment firm, has acquired Metal Tech, an industrial equipment repair and services firm.
Laitex has been awarded a contract by Circa Sustainable Chemicals France SAS to manufacture, supply, install and commission woodyard storage, conveying and drying equipment for Circa's ReSolute plant in northeastern France, which will produce 1,200 tonnes of Cyrene solvent per year.
Vision Engineering purchased a Biglia B620YS fixed-head lathe from Whitehouse Machine Tools for its production facility in Send, Surrey, UK, to turn aluminium components for Mantis 3rd Gen microscopes.
JOST Werke SE signed agreements to acquire 100% of Crenlo do Brasil (Brazilian off-highway and agricultural machinery cab manufacturer) and LH Lift Oy (Finland, three-point linkage and hitches) for a combined purchase price of EUR 56 million.
DAIHEN CORPORATION announced the acquisition of LORCH, a German welding equipment company based in Auenwald. The acquisition aims to expand DAIHEN's market presence in Europe and beyond.
MAN Energy Solutions received three orders from Aker Solutions and Aibel for seven compressor systems for Aker BP's Hugin A, Munin and Valhall PWP-Fenris platforms in the Norwegian North Sea.
ANDRITZ received its ninth PrimePress X shoe press order from Lee & Man Paper for the PM26 containerboard machine at the Best Eternity Recycle Technology mill in Banting, Malaysia, with start-up planned for end of 2024.
Hanwha Ocean selected Norway-based TMC Compressors to supply compressed air systems for six LNG carriers being delivered to Mitsui OSK Lines. The contract value was not disclosed.
Stäubli, a leading global industrial and mechatronic solution provider, opened a $15 million facility in Bengaluru, India.
Xaloy, LLC announced plans to establish a new R&D Center in Austintown, Ohio, to expand production capacity and increase efficiency for polymer processing. The project is supported by a JobsOhio R&D Center Grant.
Kanto Seiki Co., Ltd. held a completion ceremony for its new Eda Plant E3 in Maebashi, Gunma, Japan, a manufacturing facility for liquid temperature automatic control equipment used in semiconductor manufacturing devices. The plant aims to increase production capacity by 1.5 times and productivity by 20%, with full-scale operation planned for November 2023.
Siemens Mobility has broken ground on a $220 million advanced manufacturing and rail services facility in Lexington, North Carolina. The expansion will create over 500 new jobs and is expected to start operations in 2024.
Schenck Process Australia Pty Limited, acquired by Sandvik in November 2022, will change its name to Sandvik Rock Processing Australia Pty Limited on October 1, 2023, as part of the integration of SP Mining into Sandvik.
Belvac Production Machinery, a Dover Corporation company, acquired Arc Pacific, a supplier of can washers and ovens for the metal packaging industry. Arc Pacific has facilities in China and Thailand.
A consortium led by Alstom and including Sofratesa was selected by FITRAM to deliver an integrated Innovia monorail system in Santiago de los Caballeros, Dominican Republic. Alstom's share of the contract is worth approximately €370 million.
Maerz Ofenbau received an order from UNACEM and CALIDRA for a 600 tpd PFR lime kiln in Tarma, Peru. The kiln features 20% electric energy savings and is designed for future CO2 capture. Commissioning is expected in the first half of 2025.
Chongqing Machine Tool Group received a batch order worth 25 million yuan ($3.5 million) for its newly developed series of gear hobbing and chamfering composite direct-drive dry-cutting machine tools.
3DCERAM Sinto, Inc. and SINTX Technologies, Inc. announced a collaboration to develop novel resins and processes for additive manufacturing of ceramic products.
Alfa Laval's Business Unit Brazed & Fusion Bonded Heat Exchangers is increasing production of brazed plate heat exchangers through capacity expansions at factories in San Bonifacio (Italy), JiangYin (China), Ronneby (Sweden), and Richmond (USA), including additional buildings at existing sites, to meet demand from the global energy transition.
WEG acquired a 640,000 m² plot of land in Atotonilco de Tula, Hidalgo, Mexico for US$40 million to support future production capacity expansion and verticalization of operations.
Danfoss has finalized its approximately $3.3 billion acquisition of Eaton's hydraulics business after receiving all regulatory approvals. The business will be combined with Danfoss Power Solutions, adding about 10,000 employees.
Atlas Copco has started construction of a new manufacturing plant in Talegaon, Pune, India, to make air and gas compressor systems for local and export markets. The investment is about INR 1,400 million and the plant is planned for completion by Q2 2024.
Zeeco (China) Engineering Equipment Co., Ltd., a subsidiary of US-based ZEECO, held a groundbreaking ceremony for a burner integration project in Shanghai's High-Tech Industrial Development Zone. The project, with a total investment of about CNY 530 million (approx. USD 73 million), includes a production workshop and R&D testing center, with an annual capacity of 10,000 sets of environmental burners.
JAMBES MACHINES, a Walloon distributor of stationary machines for wood and metal, has acquired BAUWENS ROGER SA, a specialist in metalworking machinery. The acquisition will centralize activities at JAMBES MACHINES' site in Gembloux by end of 2023.
Robust UK is relocating to a new £6 million production facility in Lymedale Business Park, Newcastle-under-Lyme, Staffordshire, with new machinery installation underway. The company employs 150 staff and aims to grow by 50% by 2030.
Voith Turbo North America broke ground on a $5 million expansion of its workshop in York, Pa., adding 10,000 square feet and converting 17,000 square feet of warehouse space to increase manufacturing capacity for the rail industry.
Fabryka Obrabiarek RAFAMET has signed a contract with TOO Obedinennoye zheleznodorozhnoye khozyaystvo in Kazakhstan to supply one UGE 300 N underfloor wheel lathe and two UBF 112 N wheel lathes. The contract value is EUR 2,637,720, with delivery by end of June 2024.
Greenply Industries has successfully produced its first fibers with a new high-performance pressurized refining system supplied by ANDRITZ. The article does not give a location or capacity.
CNH Industrial, through Case Construction Equipment, will invest R$90 million (US$18.5 million) in its factory in Contagem, Minas Gerais, to transform it into a global supply center for crawler tractors.
CNH Industrial, through Case Construction Equipment, announced an $18.5 million investment in its Contagem, Brazil plant to make it a global source for crawler tractors, increasing capacity to 1,100 units per year.
Bromkamp was awarded a contract to supply electrode columns including a high current system for a direct reduction furnace in Switzerland. The delivery, installation and cold commissioning were completed in July 2023, with production start planned for April 2024.
Union Tool Co. will construct a third factory at its Mitsuke Plant in Niigata Prefecture, Japan, to boost production of carbide end mills. The new factory will increase the plant's production capacity by 2.5 times.
Dalloway Precision Engineering Ltd. invested in two DN Solutions machine tools from Mills CNC: a DVF 5000 5-axis machining centre and a DNT 2100 lathe. The machines were installed in June and July 2023 at its facility in Lye, UK.
Linde India Limited received a Letter of Acceptance from Indian Oil Corporation Limited to set up an Air Separation Unit at IOCL's Panipat Refinery Complex for production and supply of instrument air, plant air and cryogenic nitrogen, with a 20-year operation and maintenance agreement.
R&D Dynamics Corporation received a contract from Airbus UpNext to develop air compressors for a hydrogen fuel cell non-propulsive power demonstrator aircraft based on an A330. The announcement was dated August 22, 2023.