Timken’s acquisition of Des-Case provides cross-selling opportunities to manufacturing companies

Deals
Nordex receives several orders in Germany
For the third quarter, the wind turbine maker Nordex has several orders in Germany. These 32 turbines are part of orders totaling 181 MW, with the largest project being in Lower Saxony. The installation will take place in 2024. Read More>>
DCC starts new era with major Network Rail contract win
A multimillion-dollar, four-year contract for the provision of protective work clothing and footwear to Network Rail has been won by Direct Corporate Clothing. Numerous goods are covered by the contract, including foul-weather attire, flame-resistant gear, high-visibility t-shirts, vests, trousers, and shoes. Read More>>

Partnerships
Corning ties up with Noida co to make smartphone glass
With an estimated investment of INR 1,000 Cr (US$ 120.2 Mn), Corning has teamed up with Optiemus Infra to establish a joint venture for the production of smartphone glass in India. Corning will control 30% of the company, with Optiemus owning the remaining 70%. Read More>>
Bobst announces strategic partnership with Asteria Group
Bobst and Asteria Labels & Packaging Group are collaborating on the deployment of several Digital Master All-in-One presses across Europe. This relationship is focused on innovation and sustainability, providing smart label solutions and improving product offerings in the label and packaging sector. Read More>>

Centre Setup and Expansion
American optical laser manufacturer Coherent Corp. selects Chennai to establish its global center of excellence in India
Coherent Corp is collaborating with IIT Madras’ Research Park and Tamil Nadu Guidance to establish a global Centre of Excellence in Chennai. This center will concentrate on research and development for lasers, optical networking components, EV batteries, and compound semiconductor devices. Read More>>
Completion of new production building at Murata Manufacturing
Murata Manufacturing in Vietnam Vietnam has finished the construction of a new factory building in Da Nang, Vietnam. In the medium to long term, the facility will service the increasing demand for inductor coils used in automotive and electronic equipment. Read More>>

Mergers and Acquisitions
Timken acquires Des-Case, adding filtration solutions to industrial motion portfolio
Des-Case Corp., a Nashville-based specialist in industrial lubricant filtration systems, has been bought by The Timken Company. The acquisition complements Timken’s existing portfolio and provides prospects for synergy through cross-selling and worldwide development. Read More>>
Brandt completes Wairarapa Machinery acquisition
Wairarapa Machinery Services was acquired by Brandt Group, consolidating the North Island under one dealer brand for agricultural, construction, and forestry equipment, boosting support infrastructure and client access. Read More>>

Executive Movements
Arconic names Marcelo Morgueta as Chief Financial Officer
Marcelo Morgueta has been named Executive Vice President and Chief Financial Officer of Arconic Corporation. Morgueta has nearly two decades of expertise in the aluminum sector, formerly serving as Arconic’s Vice President of Finance and Treasurer. Read More>>
Parker elects Denise Russell Fleming to its Board of Directors
Denise Russell Fleming has been elected to the Parker Hannifin Board of Directors, bringing over 25 years of global experience in information technology, cyber risk management, marketing, and engineering. She is currently BD’s Executive Vice President, Technology and Global Services, as well as its Chief Information Officer. Read More>>

Mass Hiring
Dyson out to hike local talent hiring
Dyson Ltd. intends to engage more Filipino engineers for its Batangas, Philippines, research and manufacturing campus. The organization, which is devoted to integrating the Philippines into its global R&D network, is looking for local talent in software development, robotics, artificial intelligence, and other fields. Read More>>

Layoff
Flex Ltd. closing its Tempe, Ariz., injection molding plant, laying off 50
Flex Ltd. is closing its injection molding business in Tempe, Arizona, laying off approximately 50 workers. The closure is part of a larger reorganization strategy that will shift the company’s focus away from certain production divisions. Read More>>

• Kuka developed Edition robots to attract and assist new customers, guiding their automation initiation and ensuring effective application implementation for seamless operational integration.  
• Kuka enhancing packaging, automation, and robotics sectors showcase their commitment to personalized automation solutions, specialized machinery, and applications.  
• Kuka offers a diverse selection of robots suitable for tasks necessitating extreme precision, quick cycle times, repetitive actions, and large-scale foundry operations.  
• Kuka has broadened its Scara robot portfolio by introducing standard and cleanroom iterations, catering to sectors like photovoltaic manufacturing, component assembly, and pharmaceutical packaging.

Robotic Process Automation

• Kuka broadened its robotic offerings by introducing autonomous mobile robots capable of transporting diverse materials and showcasing remarkable and precise positioning accuracy.  
• The company developed medical robots for various medical treatments that move the C-arm with an X-ray source and image converter around the patient. Through joystick control, Kuka’s robotic system can accurately monitor the precise positions for medical treatment. 
• Service providers with rich expertise in Robotic Process Automation would be the deal winners.

Key Funding Alert

Swiss tech giant Buhler India to invest IN₹ 200 Cr for major manufacturing expansion
Bühler India is planning to invest IN₹ 200 Cr (US$ 24 Mn) to expand in India over the next 2 to 3 years. The investment will support the production of essential product lines for grain milling, food, feed, and advanced materials sectors, serving both domestic and international markets. Read more>>

Startup Spotlight

Company – SwitchOn
Total Funding – USD 5.19 Mn
About: SwitchOn is developing Digital Twins for energy optimization and predictive maintenance. It helps customers reduce unplanned downtime, improve operational efficiency, and maximize asset utilization. Read more>>

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