Continental Diamond Tool Corp. formed a strategic alliance with Winterthur Technology Group to expand CDT's conventional bonded abrasives offering for customers across North America.

Copeland and Daikin announced a joint venture to bring Daikin's inverter swing rotary compressor technology to the U.S. residential HVAC market, expected to be operational in the first half of 2025 pending approvals. The companies intend to establish a North American manufacturing facility in the future.

McElroy Manufacturing, a maker of thermoplastic fusion equipment, announced a strategic partnership with Lawrence, Massachusetts-based thermoplastic valve and pipe maker Asahi/America, providing a tool fleet for butt and socket fusion of pipe up to 630 mm plus an online welding certification system expected in early 2024.