The EPCM Group launched a new cathode manufacturing and maintenance center in Ahmedabad, India, with production starting May 2023 with 20 local employees. The inaugural project is manufacturing 81,577 copper cathodes for Kutch Copper Limited, a subsidiary of Adani Enterprises.
Schwing Stetter India plans a ₹400 crore expansion cum greenfield project on 40 acres near its existing Cheyyar facility in Tamil Nadu, to raise production capacity and start manufacturing new products such as XCMG loaders and motor graders.
TTG Equipment and Kenn-Feld Group have merged to become TRU LAND Equipment, combining resources to remain a reliable equipment partner.
XANO signed an agreement, through a subsidiary, to acquire all shares in Integrated Packaging Solutions and its subsidiaries, based in Denver, Colorado. IPS supplies machine equipment and integration technology to metal can manufacturers.
Ingersoll Rand completed its all-cash acquisition of Howden Roots from Chart Industries for approximately $300 million, adding low-pressure compression and vacuum technologies. The Connersville, Indiana manufacturing facility transferred to Ingersoll Rand.
Ferguson Marine (Port Glasgow) awarded a framework agreement for manufacturing and installing full pipe systems on vessels to three winners: Malakoff Limited, Hydrasun Limited and HB Hydraulics. The framework maximum value is €23,393,728.
Yuhuan CNC Machine Tool Co., Ltd. signed multiple contracts with Jabil Technology (Chengdu) Co., Ltd. totaling ¥145.89 million (including tax) for five-axis high-speed machines, machine modification, and high-precision CNC vertical double-end surface grinders. The contracts were signed on various dates between May and August 2023.
Kubota North America broke ground on a new Kubota Industrial Equipment manufacturing facility in Gainesville, Georgia, increasing its investment to $190 million and planning 550 net new jobs. The facility is set for full operation in Q1 2025.
Kubota Manufacturing of America held a groundbreaking ceremony for a new loader manufacturing facility in Hall County, Georgia, with Governor Brian Kemp and other officials attending.
Emerson announced a definitive agreement to acquire Afag Holding AG, a Swiss leader in electric linear motion and handling automation solutions, to expand its factory automation capabilities.
Emerson announced a definitive agreement to acquire Afag Holding AG, a Swiss maker of electric linear motion, feeding and handling automation solutions, to strengthen its factory automation business. The deal expands Emerson's served market by more than $9 billion.
OnCore Motor Group, led by CEO Grant Bibby, acquired Reuland Electric, a manufacturer of electric motors for applications including bridges, cranes, and military.
Ingersoll Machine Tools has shipped the biggest hybrid 3D metal printing machine to the US Army, as part of a project to enhance parts storage and manufacturing capabilities.
Loos Machine and Automation held a ribbon cutting for its newly constructed 'Plant 2' in Colby, Wisconsin. The facility is used for machining, manufacturing, shipping and receiving, and houses state-of-the-art equipment for the food processing industry.
Nidec Minster Corporation, a metal machinery supplier, is embarking on a $25 million expansion at its headquarters in the Dayton region. The expansion is driven by rapid and continued growth.
Höegh Autoliners signed a five-year contract with a Japanese construction equipment manufacturer to transport heavy construction equipment from Asia to Europe, with total value exceeding $100 million, utilizing its Aurora class vessels.
Sunhope Packaging Machinery (Zhenjiang) Co., Ltd is establishing a new UK division, Sunhope Packaging Machinery (UK) Ltd, in Glenrothes, Fife, Scotland, with a refurbished facility at Southfield Industrial Estate serving as a factory and demonstration hub.
Emerson Electric Co. entered into a definitive agreement to acquire FLEXIM Flexible Industriemeßtechnik GmbH. The transaction is expected to close by the end of Emerson's fiscal 2023.
Elliott Group, a subsidiary of Ebara Corporation, secured an order to supply cryogenic pumps, expanders and compressors for the Port Arthur LNG Phase 1 project in Jefferson County, Texas, awarded by Bechtel Energy. The project's total capital expenditure is estimated at $13 billion.
Westbrook Energy Group, backed by SCF Partners, acquired Forged Components Inc., a provider of forged pressure control products for energy and industrial markets. The acquisition expands Westbrook's product portfolio and forging capabilities.
Henan Wanshi Hengtong Intelligent Equipment Co., Ltd. started construction of a new plant in Xinxiang Economic Development Zone, Henan, China, with a total investment of 2.26 billion yuan ($310 million). The first phase investment is 500 million yuan, with an 18-month construction period.
BERNSTEIN AG and Pacific Automation announced a partnership for the Australian market. Pacific Automation will handle sales and technical support for BERNSTEIN's safety technology and suspension systems.
Nidec Machine Tool Corporation will construct a new factory for Nidec India Precision Tools Ltd. in Ranipet, Tamil Nadu, India, increasing production capacity by 1.5 times. The factory will produce hob cutters, pinion cutters, and other cutting tools.
Patterson-UTI Energy completed the acquisition of Ulterra Drilling Technologies for $370 million in cash and 34.9 million shares of common stock. Ulterra is a global provider of specialized drill bit solutions.
Nano Dimension received its largest single purchase order in history for multiple additive manufacturing robotics systems from a leading Western industrial customer. The order value and number of systems are undisclosed.
Elliott Group won a contract from Bechtel Energy to supply cryogenic pumps, expanders and compressors for the Port Arthur LNG Phase 1 project in Jefferson County, Texas, developed by Sempra Infrastructure. The article gives no contract value.
Elliott Group won an order from Bechtel Energy to supply cryogenic pumps, expanders and boil-off and flash gas compressors for Sempra Infrastructure's Port Arthur LNG Phase 1 project in Jefferson County, Texas.
Russian company Stankomashstroy will invest 50 million yuan (about 660 million rubles) to build a plant in Xianyang, China, producing five-axis CNC metalworking centers. About 70% of output will be exported.
CB-CERATIZIT Luxembourg S.A. has acquired 70% of the shares of Changzhou CW Toolmaker Inc., a Chinese manufacturer of tungsten carbide cutting tools for the electronics, aviation, railway, and mold and die industries.
Matrix Pack has entered into an industrialization partnership and machine supply agreement with Curt G. Joa to develop dry molded fiber production machinery for sustainable foodservice packaging. The first machine will be commissioned at Matrix Pack's Technology Center in Greece.
JLG Industries will invest approximately $120 million over two years to expand its Jefferson City, Tennessee facility, increasing SkyTrak telehandler manufacturing by at least 50%.
Weidmüller broke ground on a new electronics manufacturing building at its headquarters in Detmold, Germany. The company is investing about €60 million over three years in the facility, which will house PCB assembly, mounting, plastics production and logistics.
ADDiTEC announced the acquisition of Elem Additive Solutions from Xerox Holdings Corporation. The deal includes Elem Additive's liquid metal printing technology and the ElemX 3D printer.
ProMach announced the closing of its agreement with affiliates of BDT Capital Partners and Leonard Green & Partners, resulting in a change of ownership. Financial terms were not disclosed.
Sinto (Shinto Kogyo) announced on 14 August 2023 that it will acquire all shares of French surface treatment products and services company Elastikos S.A.S., making it a subsidiary. Elastikos had net assets of €138 million and sales of €369 million in FY2022.
Sime Darby Berhad announced its subsidiary Sime Darby Industrial Australia will acquire Cavpower Group, a Cat equipment distributor in South Australia and Broken Hill, NSW. The transaction is expected to finalize in coming weeks.
Pollington Machine Tool Inc. has purchased the former Avon Automotive facility in Manton, Michigan, for expansion. The company plans to invest $2 to $2.5 million over 12 to 18 months to move machining programs and equipment into the new facility, creating new jobs.
Leifeld Metal Spinning, a German metal-forming machine tool specialist, has acquired Boese Systems GmbH & Co KG, a supplier of PLC programming and drive technology, through an asset deal. The acquisition extends Leifeld's expertise in retrofitting older PNC spinning machines and its service capabilities.
The Naval Air Warfare Center Weapons Division awarded a $49 million indefinite-delivery indefinite-quantity contract to Machine Tools USA for plant and laboratory equipment, machine tools, and related services over five years.
Viking Engineering and Development moved into a new state-of-the-art facility in Blaine, Minnesota, tripling production capacity for its automated wood fastening equipment. The facility also includes a test lab for new product development.
Machine Tool Marketing Inc., Machine Tools USA Inc., and Pacific IC Source are each awarded a firm-fixed-price indefinite-delivery/indefinite-quantity contract with an aggregate ceiling of $49 million to procure commercial plant and lab equipment for R&D labs and provide maintenance services. Work is expected to be completed in August 2028.
Cooper Machine Company, a US sawmill equipment manufacturer, announced a partnership with German sawmill machine manufacturer EWD Sagetechnik as of February 2023. The partnership allows Cooper Machine to offer an expanded range of sawmill equipment, including fully automated sawmills.
TotalEnergies EP Congo awarded EnerMech a five-year contract for crane and lifting maintenance at a new facility to be built in Pointe-Noire, Congo. EnerMech established a new entity, EnerMech Congo, and sub-contracted Congo Services.
Michigan City-based Hitachi Global Air Power US acquired Henry Production Inc., parent of Pumps and Service, in Farmington, New Mexico. Pumps and Service distributes and services Sullair air compressors and pumps, and Henry Production builds gas compression packages.
BAUER Equipment America celebrated the grand opening of a nearly $13 million expansion of its Conroe, Texas facility, more than doubling its space. The expansion supports manufacturing of GEFCO drilling rigs and includes training classrooms, with the company growing to approximately 150 employees.
Schuler has received an order from Strojmetal Singen GmbH for a second fully-automated forging line with a 5,000-tonne Farina scotch yoke press for its facility in Bruntál, Czech Republic. The line will increase the variety of aluminum chassis parts produced.
InCompass, a platform company of TJM Capital Partners, has acquired Bourn & Koch, Inc., a manufacturer of precision automated machine tools. The financial terms were not disclosed.
Trexon, a portfolio company of Audax Private Equity, completed the acquisition of 603 Manufacturing, a value-added manufacturer of high-performance wire and cable assemblies and RF/microwave coaxial cable assemblies.
SLM Solutions, a Nikon-owned manufacturer of metal 3D printers, has acquired Portuguese company Adira AddCreative, a developer of large format metal 3D printing systems. The acquisition was announced on August 8, 2023.
Weiler Werkzeugmaschinen GmbH has invested in a second 4-axis H 5000 machining center from Heller to expand capacity and ensure supply security at its Emskirchen plant.