Scana-owned PSW Power & Automation AS secured a sizeable contract to design, manufacture and assemble an E-House power distribution module for a subsea installation in an offshore project in the Gulf of Mexico. Delivery is scheduled for Q1 2026.
ebm-papst is building a new manufacturing plant in Chennai, India, with a first-phase investment of 36 million euros (INR 340 crore) on a 57,600 m² plot. The plant is expected to be completed by end-2026 and employ around 700 people once operational. Groundbreaking was set for April 4, 2025.
Duyen Hai Thermal Power Company published a contractor selection result for supply of valves and industrial valve accessories for Duyen Hai Thermal Power Plant 1, Duyen Hai 3 and its expansion. The tender value is 1.61 billion VND, with the approval decision dated 27 March 2025.
Marquardt has officially opened a new mechatronic systems plant in Talegaon near Pune, India, replacing its Mumbai site. The investment in buildings, machinery and equipment exceeds 180 crore rupees, and around 300 new jobs are expected by 2030.
ArcelorMittal has made a $1.2 billion investment to build an advanced non-grain-oriented electrical steel manufacturing facility in Alabama. The plant will produce up to 150,000 metric tons of NOES annually.
Flex recently announced a new 400,000 square-foot manufacturing facility in Dallas for data center power infrastructure, including switchgear, power pods and power distribution units. No investment value was given.
ABB announced a $40 million investment to double the size of its Senatobia, Mississippi site to produce advanced low voltage circuit breakers. The site is expected to open in Q2 2026 and create 200 new jobs.
ABB announced an $80 million investment to replace its Selmer, Tennessee operations with a new 320,000 square-foot facility producing electrical distribution equipment. The facility is expected to add 50 jobs and open in late 2026.
Leonardo DRS received a $45 million U.S. Navy Submarine Industrial Base investment commitment through contracts with HII Newport News Shipbuilding. It will fund capabilities and a 40,000 sq ft expansion of its under-construction naval propulsion facility in Goose Creek, South Carolina, expected to open in 2026.
Safran Electrical & Power and Safran Ventilation Systems signed two long-term maintenance agreements with Emirates Airline covering electrical generators, APU components, and ventilation fans and valves on its Airbus A380 fleet.
Murata Manufacturing will invest an additional $25 million in Dong Nai province, Vietnam, increasing its total investment there to $41 million.
Hyosung will invest an additional $19.7 million in Dong Nai province, Vietnam, raising its total investment there to $976.3 million.
Eaton announced it would invest $340 million to add a third US facility for manufacturing three-phase transformers in Jonesville, South Carolina. The site will support 700 new jobs and begin hiring and production in 2027.
Converteam was awarded a contract to supply nine Variable Speed Drive systems to PetroChina for the West-East Gas Pipeline Project in China. The article is dated 3 January 2025.
GE Vernova secured a contract from 50Hertz Transmission GmbH to deliver three 300 Mvar FACTSFLEX GFM STATCOM units for substations in Mecklenburg-Western Pomerania and Saxony, announced 5 December 2024.
GE Vernova secured a contract from Queensland transmission utility Powerlink to supply 69 dead tank circuit breakers rated 245kV and above. Delivery is scheduled between August 2025 and March 2026 from GE Vernova's Suzhou factory in China.
Hitachi Energy inaugurated a new 3,300 sq m factory in Smedjebacken, Sweden, to increase production of HVDC power electronic valves and power quality solutions. The factory began construction in early 2024 and was opened on 14 November 2024.
ABB signed an agreement to buy Aurora Motors, a provider of vertical pump motors sold in 30 countries, to strengthen its NEMA Motors Division. Financial terms were not disclosed and closing is expected before the end of 2024.
ABB received an order from DS Smith Paper Italia to supply a sectional drives system, motors and inverters for a new containerboard machine PM3 at the Lucca Paper Mill in Porcari, Tuscany. The machine is expected to have annual capacity of 450,000 metric tons.
Kongsberg Maritime will supply propulsion, automation and energy systems for ten platform supply vessels being built by Fujian Mawei Shipbuilding in China for Greek owner Capital Offshore. The contract is valued at about NOK 800 million.
GE Vernova is expanding its existing Stafford manufacturing sites to double HVDC valve manufacturing capacity and upgrade HVDC converter transformer production, and is hiring additional engineers and skilled staff.
SAIHEAT Limited signed two memorandums of understanding for its HEATNUC business: one with Jiangsu Shentong Nuclear Equipment on export of nuclear valves and instrumentation, and one with Shanghai Kaiquan Pump on joint production of nuclear and SMR pumps and components in the Middle East.
Xinghuo Special Steel began construction on a project to produce 1 billion high-end solenoid valves and pump valve soft magnetic cores per year in Dainan, Xinghua, Jiangsu, on a 100-mu site with planned investment of RMB 1 billion.
WEG agreed to acquire Volt Electric Motors, a Turkish maker of industrial and commercial electric motors and a subsidiary of Saya Group, for an enterprise value of US$88 million.
The Hamburg Green Hydrogen Hub commissioned Siemens Energy to supply a 100MW proton exchange membrane electrolyser plant in Germany. No contract value was disclosed.
Pauwels Transformers, a subsidiary of Electrical Industries, signed an optional four-year contract worth $80.4 million to supply distribution transformers to four Belgian electricity distributors, running August 2024 to July 2029. The transformers will be made at Saudi Transformers Company in Dammam.
GE T&D India received an order from Power Grid Corporation of India worth Rs 305 crore for supply, installation, testing, commissioning and maintenance of SCADA/EMS control centers under the ULDC Phase-III project for Eastern Regional SLDCs and RLDC. The order was reported on 7 August 2024.
Brookfield Asset Management agreed to buy nVent Electric's thermal management segment, including the Raychem and Tracer brands, for a cash price of $1.7 billion. The deal is expected to close by early 2025, subject to regulatory approvals.
Danfoss inaugurated new production facilities adding 40,000 square meters at its Monterrey Campus in Nuevo León, Mexico, for scroll and reciprocating compressors, pressure sensors and heat exchangers. The expansion targets an estimated 100,000 compressor units and 1.6 million pressure sensors per year.
NIDEC will invest $23 million to expand its operations in Reynosa, Tamaulipas, Mexico, creating 384 jobs. The Tamaulipas state government announced the investment on 29 July 2024.
GE Vernova has secured a major order from Sonelgaz, supplied through their joint venture GE Algeria Turbines, for high voltage equipment and grid automation for 134 substations by 2028. Integration will take place at GEAT's Ain Yagout facility in Batna.
Rexa Inc, a maker of electronic components and industrial valves, plans a $33 million project including a 110,000 sq ft building on West Grove Street in Middleboro, relocating from West Bridgewater and creating 25 new jobs. The plan was presented to the select board on 1 July 2024.
Siemens Canada is investing approximately CAD 14 million in a multi-phased modernization of its Drummondville, Quebec factory to expand made-to-order switchboard production and increase automation, which could raise jobs by up to 15% by 2027.
Hyosung Heavy Industries will invest 100 billion KRW to expand its ultra-high-voltage transformer plants in Memphis, USA and Changwon, Korea, raising total UHV transformer capacity by about 40%, with Memphis capacity doubling.
EKB Group won a European tender to supply low-voltage distribution devices and motor control centers for Gasunie's WarmtelinQ heat project in the Netherlands. The framework agreement runs four years with two possible four-year extensions.
Littelfuse held a ribbon-cutting on 22 May 2024 for a new 106,000 sq ft manufacturing plant in Piedras Negras, Coahuila, which doubles its local manufacturing capacity for circuit protection products.
HiSonic secured a 10-year long-term supply contract for secondary battery can-cap assembly materials for a global battery company's factory in the United States, reported on 17 May 2024. The contract is reported to be worth 30 to 40 billion KRW, and mass production is planned from July 2024.
Curtiss-Wright was awarded contracts valued above $130 million by Bechtel Plant Machinery to supply propulsion valves, pumps and instrumentation and control systems for Virginia-class, Columbia-class and Ford-class Navy programs, with work running through 2029.
Maschinenfabrik Reinhausen is expanding production at its Suzhou site near Shanghai, adding VACUTAP tap-changer capacity available from July 2024 to shorten delivery times in China.
Maschinenfabrik Reinhausen has invested $3 million in a new production building at its Humboldt, Tennessee plant for bolt-on tap-changers, expected to operate from end of July 2024.
Maschinenfabrik Reinhausen is investing around EUR 20 million to add three production bays in Regensburg, Germany, expected in operation by mid-2025, raising capacity by 25% by 2025.
Invertek Drives celebrated producing its three millionth variable frequency drive at its headquarters near Welshpool, UK. The company is undergoing a major expansion including a new 2,750sqm facility to boost production capacity.
Rapid Pump, a portfolio company of Hidden Harbor Capital Partners, acquired AC Furia Electric Motor, a White Plains, New York repair and distribution business for motors and pumps. The deal expands Rapid Pump's footprint in the northeast.
VINCORION signed a contract to deliver more than 700 EPG huskyV W 600 onboard generators for the Boxer wheeled tank, worth about EUR 12 million, with further orders expected.
Integrated Power Services, a North American servicing, engineering and remanufacturing firm, acquired UK electromechanical services provider Houghton International in Q2 2024.
Danfoss plans to spend ₹500 crore over the next 12 to 20 months on localisation and capacity expansion across its six Indian factories, adding more than 500 people. The plan is part of its India growth strategy.
Siemens Energy will build its first U.S. transformer production facility in Charlotte, North Carolina, with a $149 million investment expected to create 559 local jobs. Manufacturing is set to begin in early 2026.
GE Vernova's Power Conversion business was awarded a contract by ST Engineering Marine to supply its Ship's Electric Grid with Integrated Full Electric Propulsion equipment for six Multi-Role Combat Vessels for the Republic of Singapore Navy. Delivery is planned over the next 10 years.
GE Vernova's Power Conversion business was awarded a contract by ST Engineering Marine to supply Ship's Electric Grid and integrated full electric propulsion equipment for six Multi-Role Combat Vessels of the Republic of Singapore Navy. Deliveries are planned over the next 10 years.
Havis, a provider of rugged environment solutions, has acquired Vanner, a power management solutions company based in Warminster, Pennsylvania. The deal aims to expand Vanner's sales reach and accelerate vehicle electrification products.