Bosch Rexroth will invest 160 million euros to expand its production facility in Querétaro, Mexico, adding capacity for mobile machinery and linear motion products. The project is expected to create 900 jobs by 2027.
PP Rolling Mills (PPRM) acquired Pomini Long Rolling Mills (LRM), an Italian company specializing in long rolling mills for special steels, aiming for combined revenue of $500 million.
Maxin India Machinery Manufacturers has successfully installed a plastic film shredder machine at Primepak Industries Nigeria Limited in Lagos, Nigeria.
Baker Hughes won a Bechtel contract to supply three main refrigerant compressors, six Frame 7 turbines and 18 centrifugal compressors for three liquefaction trains of NextDecade's Rio Grande LNG project in Brownsville, Texas, with 17.61 MTPA nameplate capacity.
Bechtel Energy awarded Baker Hughes an order to supply three Main Refrigerant Compressors for the first three liquefaction trains of NextDecade's Rio Grande LNG project in Brownsville, Texas, including six Frame 7 gas turbines and 18 centrifugal compressors with 17.61 MTPA nameplate capacity.
80/20 LLC, along with its parent MPE Partners, has acquired Les Industries Flexpipe Inc., a manufacturer and distributor of steel modular framing structures and material handling systems in Farnham, Quebec. Financial terms were not disclosed.
Bruschi S.p.A., a zinc die-casting specialist, has finalized the acquisition of 100% of Sapre S.r.l., a company specializing in non-ferrous alloys, to enter the aluminum die-casting market. The acquisition adds 50 employees, bringing the total to 270 across three plants in Italy and the U.S.
CG Power and Industrial Solutions plans to invest ₹400 crore over two years to expand motor production capacity at Ahmednagar and Goa plants and transformer capacity at Bhopal and Malanpur plants.
TMH-Elektrotekh (part of TMH Energy Solutions) is modernizing and expanding production facilities in Novocherkassk, Russia, with an investment of over 6 billion rubles. The project will increase output of traction motors for locomotives by 35% to 5,700 units per year and for metro trains to 2,700 units per year, creating about 500 new jobs.
Ideal Electric has acquired the Large Synchronous Machines and Large Induction Motors product lines of the former Louis Allis Company, along with related IP. The financial terms were not disclosed.
Norwegian firm TMC Compressors signed a contract to supply control, service air and N2 compressors for each of 12 174,000-cbm LNG carriers being built by Samsung Heavy Industries for an undisclosed owner. Price was not disclosed.
3D Systems, Inc. acquired Swedish 3D printer manufacturer Wematte AB to broaden its Selective Laser Sintering (SLS) portfolio. The acquisition will allow 3D Systems to offer a high-reliability, affordable SLS solution for end-use parts.
EMAG Group received a major order in the mid-double-digit million range from KamLitKZ to supply 35 machines and automation for a new truck axle plant in Kostanay, Kazakhstan. The plant will have a capacity of approximately 74,000 axles per year.
Softbond Nonwovens has successfully installed and started up A.Celli's E-Wind Stream master roll winder and R-Way automatic packaging line at its facility in Buenos Aires, Argentina. The equipment, with a design speed of 400 meters per minute, optimizes production and packaging processes.
Zakka Multitec has established a new industrial factory in Beirut, Lebanon, for engineering, manufacturing and assembling complete conveying systems, filling machines, labeling machines and customized automation solutions. This backward integration strengthens its portfolio for the food, beverage and pharma industries.
Nidec Corporation, through its subsidiary Nidec Motor Corporation, has acquired full ownership of TAR, LLC d/b/a Houma Armature Works, a US-based motor and generator service provider, for an undisclosed amount. Houma will become a consolidated subsidiary of Nidec.
Ima Schelling Group has acquired Carmet Automazioni, an Italian automation and handling technology company, and Blumenbecker Engineering System Technology, a Polish automation and robotics expert, to expand its portfolio.
British Offsite announced a new £45 million offsite automated construction factory in Braintree, UK, to produce light gauge steel panel systems using robotic manufacturing. The factory will create 180 jobs and deliver components for up to 4,000 homes per year.
Gofore has acquired the entire share capital of Creanex Ltd, a simulator developer and supplier for the work machinery industry, for an enterprise value of EUR 5.0 million. The acquisition was completed on 3 July 2023.
Schunk China held a groundbreaking ceremony on June 30, 2023, for a new production base in Shanghai's Xinzhuang Industrial Zone. The 4,500 sqm facility will assemble PCB depaneling machines and automation products, expected to open in mid-2024.
Nidec announced a tender offer to acquire TAKISAWA, a listed machine tool manufacturer, for up to approximately 16.6 billion yen, aiming for full ownership to expand its machine tool business.
Blässinger Gruppe acquired Bührig-Adam Wälzlager und Antriebstechnik GmbH through an asset deal, adding locations in Hannover and Magdeburg, Germany. The acquisition was completed on July 1, 2023.
Filtrox Columbia de México announced an investment plan to improve manufacturing processes and launch a new production line at its plant in Tlalnepantla, State of Mexico, aiming to expand its presence in the Americas. The investment amount was not disclosed.
Effective July 1, 2023, LPF High Performance Coatings will merge with Zephyr Products. The combined company plans to relocate its Kansas City, MO operation to a new paint facility in Leavenworth, KS within 12-18 months.
HIRSCH Maschinenbau GmbH, a subsidiary of HIRSCH Servo AG, acquired 100% of the shares of HPC Produktions GmbH (Hellmerich) from the Taiwanese Tongtai Group, effective June 30, 2023. Hellmerich has 75 employees at its Seeboden site.
Shanghai Hi-Tech Control System Co., Ltd. (HITE) announced it will issue shares and pay cash to purchase 75% equity of Xingzhida from eight counterparties. Xingzhida will become a holding subsidiary of HITE.
Westrock Coffee plans to invest over $300 million and create 600 new jobs over five years at its development, production, packaging and distribution facility in Conway, Arkansas, with the facility using advanced robotics.
Baglioni opened a new automated production line for carbon and stainless steel compressed air pressure tanks at its Casalvolone plant in the province of Novara in June 2023.
Ingersoll Rand acquired Italy-based Termomeccanica Industrial Compressors and its subsidiary Adicomp for approximately EUR 160 million, adding air and gas compressor capabilities to its Industrial Technologies and Services segment.
ADNOC Gas Processing selected Petrofac Emirates for an EPC contract worth about $700 million to build a new gas compressor plant with three trains at the Habshan Complex in Abu Dhabi.
Degelman Industries USA completed a $9.5 million, 26,000 square-foot expansion of its manufacturing plant in Hillsboro, North Dakota. The expansion was celebrated with a ribbon cutting on June 29, 2023, and is expected to add 20-30 new jobs.
Environmental Tectonics Corporation's Sterilization Systems Group was awarded a $17.3 million contract from a multi-national medical device manufacturer for four ethylene oxide sterilization chambers and four vacuum aeration chambers.
Grolleau signed a strategic agreement to acquire a 49.9% stake in OMP MECHTRON, a manufacturer of metal cabinets and racks, with a plan to increase to 100% by 2026.
Kenn-Feld Group and TTG Equipment will merge as TRULAND Equipment, bringing together 18 John Deere locations across Indiana and Ohio. The equal merger is scheduled to occur on August 21, 2023.
Grolleau signed a strategic agreement to gradually acquire OMP Mechtron, a manufacturer of metal cabinets and fast-charging station structures, starting with a 49.9% stake in 2023 and moving to 100% by 2026.
CMZ, a European CNC lathe manufacturer, invested around EUR 8 million to extend its machining plant in Elorrio, creating the new Precitor plant. The facility started up in late February 2023 and aims to increase cylindrical parts production by 55%, targeting 850 machines per year.
Samson Control Equipment (China) Co., Ltd., a German-invested industrial valve manufacturer, is building a third-phase project in Beijing Yizhuang with an investment of CNY 250 million, adding 10,000 square meters of space for intelligent control product manufacturing and R&D.
ANDRITZ received an order from Mpact Operations to upgrade the NSSC pulping line at its Mkhondo Paper Mill in Mpumalanga, South Africa. The upgrade will raise line capacity from 225 to 365 bdmt/d, with start-up scheduled for the first half of 2025.
Invex Group took over the main activities of SiccaDania Group as of June 28, 2023. SiccaDania provides process technology solutions for dairy, food processing, bioenergy, and pharmaceuticals globally.
EAM-Mosca held a groundbreaking for a $9 million expansion project at its Hazle Twp. facility, part of a $20.6 million strategic initiative, creating 50 new jobs.
CNH Industrial officially opened a new plant in Cesena, Italy, dedicated to mini-excavators and mini track loaders, including electric models, following a €12 million investment and the 2021 acquisition of Sampierana.
Versuni Group, formerly Philips Domestic Appliances, will invest RON75 million in 2023 to develop its plant in Orastie, Hunedoara, Romania, which mainly produces coffee machines.
Hansgrohe Group opened a new faucet factory in Valjevo, Serbia, on June 27, 2023, built over about a year and a half at a cost of around 85 million euros. The plant will mainly produce hansgrohe-branded products for the European market.
HELLER inaugurated an extension building at its Changzhou, China plant on 16 June 2023, enabling production of over 100 machines per year.
Nidec Machine Tool will construct a new cutting tool factory in Ranipet, Tamil Nadu, India, with production capacity 1.5 times current capability, to start production on July 1, 2023.
Atlas Copco broke ground on its China headquarters project for industrial compressor R&D and manufacturing in Wuxi, Jiangsu, with total investment near RMB 3 billion and annual capacity of 163,000 units once complete.
Atlas Copco's Compressor Technique business area held a groundbreaking ceremony in Wuxi, China, to expand its R&D and manufacturing base, with the facilities to be in full use by the end of 2025.
Bosch Rexroth opened a 42,000 sq m plant in Queretaro, Mexico, investing about EUR 160 million to make hydraulic pumps, motors and valves for mobile machinery and linear motion products, creating about 900 jobs by 2027.
Nordson Corporation agreed to acquire ARAG Group, an Italian maker of precision agricultural spraying control systems and fluid components, in an all-cash deal valuing ARAG at an enterprise value of EUR 960 million.
Mark Andy announced an agreement with Maxcess International to offer the Tidland RD AutoScore on new flexographic presses for the narrow web label and packaging industry. Mark Andy is the preferred integrator for a limited time.