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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.
Nordson Corporation's Chonburi facility in Thailand has expanded its Xaloy screw and barrel manufacturing capacity with new systems and now also supports the BKG brand with technical service and a new pelletizing lab line.
Nordson merged its BKG pelletizer and melt delivery equipment businesses into Nordson BKG GmbH, headquartered at a Münster facility that more than triples in space. Full relocation of operations will be completed by fall 2018.
Nordson SEALANT EQUIPMENT moved its line of business from Plymouth to a renovated Wixom, Michigan facility adding 30,000 square feet of manufacturing and office space and new demonstration and test areas.
Nordson Corp will relocate three manufacturing operations to the former Tamarkin warehouse at 375 Victoria Road in Austintown, Ohio, in a 25 million dollar project. Austintown trustees approved a 60% 10-year Enterprise Zone tax abatement to help fund it.
