German industrial holding Nimbus agreed to acquire the Kompressortechnik unit of Hoerbiger, which makes compressor components for refrigeration and brake air systems, with operations in Germany, China and India and about 300 employees, mostly in Schongau. Closing is expected in early 2026; the price was not disclosed.

Danfoss inaugurated its expanded factory in Monterrey, Mexico on November 5, 2025. The expansion more than doubles the plant's production capacity to serve growing demand for climate equipment in North America.

Eaton signed an agreement to acquire the Boyd Thermal business of Boyd Corporation from Goldman Sachs Asset Management for $9.5 billion, announced November 3, 2025. Boyd Thermal makes liquid cooling and thermal components for data centers and aerospace.

Actemium won the contract to deliver electrical and control systems, including DCS and safety systems, for a new high-efficiency heat pump of about 50 MW at Göteborg Energi's Rya VP plant in Gothenburg. Strabag GmbH is the main contractor, working with Atlas Copco.

Virtuoso Optoelectronics, through subsidiary Virtuoso Compressors, inaugurated a reciprocating compressor manufacturing plant in Nashik, Maharashtra, with annual capacity of 2.8 million units. The plant was developed with technical support from Huayi Compressor and other partners.

Ingersoll Rand (India) inaugurated a new Rs 170-crore manufacturing facility in Sanand, Gujarat, making centrifugal and reciprocating compressors, refrigeration dryers and nitrogen generators, with initial capacity of 24,000 units per year.

Danfoss has acquired Palladio Compressors, adding screw compressors for large HVAC/R and industrial heat pump systems using natural and low-GWP refrigerants. The deal was announced on October 1, 2025, with no value disclosed.

Danfoss inaugurated a new plant in Sofia, Bulgaria, with about 6,000 m2 of production and warehouse space, moving its operations from an older site where it has manufactured since 2000. The opening was reported on 30 September 2025.

Guangdong Hande Precision Machinery started construction of its Section 2 air compressor project with a total investment of 600 million RMB in Yuanzhou town, Boluo County, as part of a batch of 17 industrial projects.

L'Islet, Quebec-based Innovair Solutions has acquired Thermo 2000 as part of its growth strategy in North America.

Panasonic reopened its upgraded and expanded heat pump factory in Pilsen, raising capacity by 250% to 140,000 m² and producing up to 1.4 million units per year from 2030. Panasonic says it invested €20 million in the expansion and refurbishment.

Daikin plans to open its third plant in San Luis Potosí in October 2025, investing 7 billion Mexican pesos and creating 3,500 jobs in the first phase. A second phase aims for 6,000 new jobs within two years.

Danfoss completed a relocation and expansion of its heating and hydronic balancing business at Danfoss (Anshan) Control Valves in Anshan, moving three production lines from Tianjin Wuqing. The project cost nearly 80 million yuan and is designed to reach 300,000 units per year.

Danfoss inaugurated its Haiyan Second Campus in China, its largest global production facility at 126,000 sqm. The campus manufactures drives, compressors, pumps, motors, valves and heat exchangers.

HVAC company ACS Klima announced that its new manufacturing facility has officially started operations, increasing production capacity. The announcement is dated August 29, 2025; location and investment were not disclosed.

Hoval inaugurated its ePlant in Istebné, Orava region, Slovakia, its largest production site, designed for up to 32,000 heat pumps per year. The total investment exceeds 53 million euros.

PTG Frionordica signed a contract with Artec Aqua to deliver heat pump and heat recovery solutions to smolt producer Sævareid Fiskeanlegg, with delivery planned for late 2026 and start-up in spring 2027.

Modine announced a $100 million investment over 12-18 months to expand Airedale data center cooling manufacturing at four US sites, including a new facility in the Dallas, Texas area and an expansion in Grenada, Mississippi, with possible repurposing of Performance Technologies sites in Franklin, Wisconsin and Jefferson City, Missouri.

Nidec affiliate Embraco announced a compressor manufacturing facility in Chhatrapati Sambhajinagar (Aurangabad), Maharashtra, with over $120 million investment, 6 million units annual capacity and 750 to 1,000 jobs, with operations starting in the second half of 2026.

Danfoss Climate Solutions is now manufacturing a significant number of its GBC 45 and 49 bar shutoff ball valves at Monterrey, Mexico, moving production from China to strengthen supply and cut delivery times.

Johnson Controls has started work on expanding its Sabroe chiller and heat pump manufacturing facility in Holme near Aarhus, Denmark, adding 2,300 square metres of production capacity and a test centre, with completion scheduled for early 2026 and over 100 new jobs.

Embraco, part of Nidec Global Appliance, announced a new compressor factory in Chhatrapati Sambhaji Nagar (Aurangabad), Maharashtra, with 6 million units annual capacity and total investment above $120 million. Operations are set to start in the second half of 2026 and create 750 to 1,000 direct jobs.

Shipping company TORM acquired the remaining 25% stake in Frederikshavn-based ME Production, becoming its full owner; the company will keep operating independently and develop heat pump systems.

Embraco, part of Nidec Global Appliance, announced a 120 million INR (about $12 crore) investment to build a 55,000 square metre compressor and inverter plant in Chhatrapati Sambhajinagar, India, expected to be operational by late 2026.

Nidec will invest $120 million in a new 55,000 square metre factory in Chhatrapati Sambhaji Nagar (Aurangabad), Maharashtra, to make Embraco refrigeration compressors and inverters. Operations are planned to start in the second half of 2026 and create 750 to 1,000 direct jobs.

PG Electroplast is setting up an air conditioning compressor manufacturing plant in Greater Noida, Uttar Pradesh, with estimated value of Rs 350 crore and production scheduled to begin in the second half of 2026. Half of output will serve its own AC units.

Nidec is investing more than 22 million euros over the next two years at its Fürstenfeld site in Austria, for a new inverter production line and production of its ATOM compressor family.

KSB has invested several million euros to acquire an interest of almost 20% in Ecop, an Austrian developer of large industrial heat pumps. The stake gives KSB access to the market for large heat pumps.

Modine is investing more than $38 million through 2028 to upgrade its Grenada, Mississippi facility and expand data center chiller manufacturing, expected to create more than 450 jobs. Chiller production is expected to begin later this summer.

Wessels Company broke ground on a 57,000+ sq ft factory in Tiffin, Ohio, leased by National Machinery Group to Wessels East for pressure vessel manufacturing. Completion and manufacturing start are projected for November 2025 and about a dozen jobs are planned, rising to nearly 30 more.

A groundbreaking ceremony was held in Conghua, Guangzhou, for a 480 million yuan scroll compressor manufacturing project by Johnson Controls-Hitachi and Guangzhou Industrial Investment Group. The project aims to make the company China's top scroll compressor supplier within five years.

Johnson Controls-Hitachi Wanbao Compressor (Guangzhou) held a groundbreaking on April 25, 2025 for a scroll compressor manufacturing project in Conghua's Guangzhou economic development zone, with a total investment of about 480 million yuan.

SPX Technologies completed its acquisition of Toronto-based Sigma Heating and Cooling and Omega Heat Pump for about $144 million (CAD 200 million), expanding its HVAC portfolio.

PG Electroplast will build an air conditioning compressor manufacturing plant with a capital expenditure of Rs 350 crore. Half of production will supply its in-house AC units and the rest will be sold to external customers, with production slated to begin in H2 2026.

Tecumseh do Brasil announced plans to build a compressor plant in the Manaus Free Trade Zone, with operations expected in the second half of 2027. The plant is planned to produce about one million compressors at full capacity and create 200 to 300 local jobs.

Zavod Gradient will start construction in 2025 of a plant in the Rostov special economic zone in Novocherkassk to make industrial refrigeration units, targeting 500 units per year at full capacity.

Jiangsu Nuoyan New Energy Vehicle Air Conditioning launched construction of a 534 million yuan compressor manufacturing base with annual capacity of 1 million compressors, scheduled to start operations in December 2025.

Munters plans to invest SEK 250 million to expand and modernise its Tobo factory in Sweden, adding automated lines and 9,000 m2 to make GLASdek humidification medium, with completion expected by 2026.

Huangshi Donper Compressor, a subsidiary of Donper Group, plans to invest about 2 billion yuan in Huangshi Economic and Technological Development Zone to build a high-end variable frequency intelligent manufacturing base. The first phase, worth 581 million yuan, starts construction in March 2025 and is due for completion in December 2025.

Tecumseh filed a project for a compressor factory in the Manaus Industrial Hub with planned investment of R$56 million and about 200 jobs over three years, able to produce up to 1 million compressors a year. The plan was first announced in March 2025.

Modine announced $180 million in orders for Airedale by Modine data center cooling systems from a new customer, a leading AI infrastructure developer. The products will be manufactured in Rockbridge, Virginia and Grenada, Mississippi, with delivery through the first half of 2026.

SMC Manufacturing Vietnam received an investment certificate for a $330 million expansion at its Long Duc Industrial Park plants in Dong Nai, starting operations in July 2025. The move adds thermo chillers and raises automation component capacity.

GIG Karasek has been awarded an EPC contract by BASF SE to deliver a 50 MWth industrial heat pump system at the Ludwigshafen site in Germany, for CO2-free steam generation. The project is funded with up to €310 million and commissioning is scheduled for 2027.

Atai Fuji Electric, a Taiwan-invested firm, will invest $24 million in manufacturing cooling pumps in Dong Nai province, Vietnam.

Finland-based Vexve Group completed its acquisition of Danish dynamic balancing valve manufacturer Frese A/S after finalising the FDI filing in Denmark. The transaction was completed on 31 January 2025, and the combined company has a turnover of approximately 200 million EUR.

German firm Neuman & Esser is investing R$70 million in a new 3,500 m² factory in Belo Horizonte, Brazil, to produce low-carbon hydrogen generators and compressor packaging, creating about 200 direct and indirect jobs.

Copeland opened a new compressor plant in Arteaga, Coahuila, Mexico, with an investment of US$22 million and expected to generate 900 to 1,000 direct jobs.

Heat pump maker Stiebel Eltron plans to invest up to EUR 72 million in its Holzminden plant to expand production of air-to-water heat pumps, receiving a grant of up to EUR 10.8 million; the grant notice was handed over on 8 January 2025.

Fairbanks Morse Defense's Ohio unit American Fan received multiple purchase orders to supply cooling and ventilation fans for ten Flight III Arleigh Burke destroyers, via shipbuilder Ingalls Shipbuilding. Fans are made in Fairfield, Ohio.

Munters has inaugurated its second manufacturing unit in Malur, Karnataka, to produce localized dehumidification and air handling unit solutions for India and the Asia Pacific region. The article is dated January 8, 2025 and the opening was described as recent.