Beijer Ref has acquired 75% of the shares in Idema, an air conditioning distributor in Northern Italy, with an option to buy the remaining shares. Idema has an annual turnover of approximately SEK 200 million.
Kalahari Cement, a subsidiary of Amsons Group, will invest over US$200 million to modernise East African Portland Cement's (EAPC) integrated manufacturing plant in Kitengela, Kenya, tripling its capacity from 1.3 Mtpa to nearly 4 Mtpa within three years.
PNTMS (피엔티엠에스) announced a contract with In Machinery Equipment (Shaanxi) Co., Ltd. to manufacture a PI Tentar Cure Machine for ₩2.17 billion, representing about 8.2% of PNTMS's annual revenue. The contract runs from January 20, 2026 to September 16, 2026.
Sumitomo Machinery Corporation of America (SMA) acquired Riverside Spline & Gear Inc., a Michigan-based gear manufacturer, to strengthen its North American supply chain and expand U.S. manufacturing capacity. Terms were not disclosed.
J K Phillips, a joint venture of Jaykay Enterprises and Phillips Machine Tools India, received a Letter of Acceptance from Ircon International for design, supply, installation, commissioning, and training of CNC machines for MSME training centres on a turnkey basis.
Skuma Marcin Skurka Sp.k. secured a contract from Miejskie Przedsiebiorstwo Wodociagow i Kanalizacji w m. st. Warszawie S.A. for primary-form acrylic polymers, worth 38,000,000 PLN.
Borealis announced a EUR 49 million investment to expand production of Borstar Nextension polypropylene at its Burghausen, Germany site, supporting monomaterial packaging.
The ministerial group issued three licenses for the construction of new cement plants, each with a single production line, scheduled for completion within one year.
The Ministerial Group for Industrial Development approved a tire manufacturing project worth $291 million in the Suez Canal Economic Zone.
The Ministerial Group for Industrial Development approved a chemical manufacturing project worth $1 billion in the Suez Canal Economic Zone, specializing in pesticides, chlorine products, and alkalis.
UMW Corporation Sdn. Bhd. and Komatsu Ltd. agreed to form a joint venture for heavy equipment business in Malaysia, Brunei, Singapore, Myanmar and Papua New Guinea. UMWC will hold 74% and Komatsu 26% of the JVC.
Myant, based in Toronto, Canada, acquired a controlling majority stake in a joint venture with TexRay Industrial to integrate AiQ Smart Clothing Inc. into the Myant ecosystem. The deal establishes Myant's physical presence in Taiwan.
FBR Limited received a binding conditional purchase order from State Machinery & Equipment Sales for a Mantis welding robot, valued at AUD$990,000. Delivery is anticipated in the second half of 2026.
Fernholz Verpackungen has commissioned another high-performance extruder at its film site in Schkopau, Saxony-Anhalt, and increased silo capacity by 75%. The end-2025 start-up completes its investment programme begun in 2022.
Redox, a supplier of oxygen and water treatment systems for aquaculture, has agreed to buy compressor and compressed-air equipment firm Trykkluftservice in Møre og Romsdal, Norway. The seller's eight employees transfer with the business; financial terms were not disclosed.
Eroğlu Global Holding signed an agreement with the Suez Canal Economic Zone to build a carton and packaging factory in Qantara West Industrial Zone, with a $175 million investment and about 2,000 direct jobs. The plant will span 70,000 square meters.
East India Drums & Barrels Manufacturing received a Letter of Acceptance from Indian Oil Corporation for steel drums and barrels worth ₹18,170,815, to be delivered at Panipat, Haryana. The announcement is dated January 20, 2026.
Messe Frankfurt Trade Fairs India Pvt Ltd signed a Memorandum of Understanding with the Tamil Nadu Government to launch the Techtextil India Summit in Coimbatore.
Jinzong Enterprise signed and launched construction of its third modern intelligent production base on January 19, 2026, to expand capacity for equipment manufacturing.
Queen's University Belfast awarded a £376,936.46 contract to AMS Belgium BV for the supply, delivery and installation of an AMS Robomould 700 machine with robot control and direct electrical tool heating. The contract was awarded on 19 January 2026 and runs from 18 February 2026 to 31 May 2028.
Huide Technology held a groundbreaking ceremony on January 19, 2026, for a 600,000-ton-per-year polyurethane new materials project in Taizhou, China. The total planned investment is 2 billion yuan (approximately $276 million).
PacifiCan announced a $2.5 million investment in MAKR Group, a Kelowna-based manufacturer of steel components, playground equipment, and water management systems. The funding will help implement an IIoT system to improve operations.
GE Vernova announced that the Jafurah Cogeneration Independent Steam and Power Plant in Saudi Arabia, using a 7HA.01 gas turbine, has achieved commercial operation. The plant delivers up to 314 tons/hour of steam and up to 320 MWe.
GE Vernova received an order from Enea Group for two 9HA.01 gas turbine combined cycle blocks to replace coal-fired generation at the Kozienice power plant in Poland. The EPC contractor is Calik Enerji.
Betterware de México (BeFra) has signed a definitive agreement to acquire Tupperware's operating assets in Latin America, primarily in Mexico and Brazil, for $250 million ($215 million cash and $35 million in shares). The deal includes a perpetual, royalty-free license for the Tupperware brand in Latin America and is expected to close in the first half of 2026.
Italian group Arbo, through its Spanish subsidiary Arbo Ibérica, has acquired 100% of Navarre-based Distribuciones Suner, a distributor of heating spare parts with branches in Pamplona, Bilbao and Madrid. The acquisition strengthens Arbo's presence in the Iberian Peninsula.
Guard Automation has acquired Holtec, a Danish engineering and automation company with around 80 employees, to strengthen its Nordic capabilities in industrial automation and system integration.
CBIES Automotive plans to launch a lightweight precision manufacturing factory for the automotive industry in 2026, focusing on metal tube parts. The project is in the initiation and planning stage; location and name are not yet disclosed.
QinetiQ has been awarded a five-year contract extension worth £205 million ($275 million) by the Royal Air Force to deliver engineering outputs for the Eurofighter Typhoon fleet, maintaining capability and pilot safety.
NRW Holdings, through its Golding Contractors arm, has secured a A$750 million (approx. $502.6 million) mining services contract with TEC Coal to operate the Meandu mine near Kingaroy, Queensland. The 5.5-year contract will support about 400 local jobs.
Hermans Heftrucks, part of Heylen Group, has acquired Allift Michielsens, a company specializing in rental, sale and maintenance of aerial work platforms, scissor lifts, telehandlers and forklifts based in the port of Antwerp. Financial details were not disclosed.
American Axle & Manufacturing has received regulatory approval from China's State Administration for Market Regulation for its planned $1.44 billion acquisition of Dowlais Group, which owns GKN Automotive. The deal is expected to close in Q1 2026.
Italian packaging machinery manufacturer Siropack has granted Goodpack Sarl an exclusive, multi-year license for its patented 'Respect' tray edge treatment technology in Romania. The agreement includes the purchase of a series of machines and aims to strengthen Siropack's presence in Eastern Europe.
Electrical Industries announced that its Belgian subsidiary, Powles Transformers, signed a framework agreement with Enedis, the main operator of the French electricity distribution network, to design, manufacture and supply power transformers. The contract is valued at SAR 150.4 million (approx. $40 million) with a five-year term and possible extension.
Gayatri Rubbers and Chemicals Limited received a ₹7.22 crore order from Indian Railways for supply of EPDM rubber packing used as flooring in railway coaches. The order is expected to be completed within six months.
Pauwels Transformers Co. Belgium, a subsidiary of Electrical Industries Company, signed a five-year framework agreement with Enedis, France's main electricity distribution network operator, to design, manufacture and supply power transformers. The contract value is approximately SAR 150.4 million.
Canadian heavy equipment dealer SMS Equipment acquired Suomen Rakennuskone Oy, a Finnish distributor of construction and mining machinery and exclusive Komatsu dealer in Finland, expanding into Europe.
Shuangliang Energy (600481.SH) won a 236 million yuan contract to supply an indirect air cooling system for the Ningxia Electric Power Shizuishan 2×660MW ultra-supercritical thermal power project.
American Axle & Manufacturing (AAM) and Dowlais Group have secured Chinese antitrust clearance for their $1.44 billion merger, completing all regulatory approvals ahead of a planned February 2026 closing.
Gebroeders Geens has started construction of a new production hall in Hoogstraten, Belgium, to increase capacity for Knikmops and Rollmops machines from 800-900 to about 2,000 units per year.
NMDC Group has signed an agreement to acquire a 51% stake in Lantania Aguas, the water subsidiary of Lantania Group. The new entity will be named Lantania NMDC Water.
Novolyte Technology Sdn. Bhd., a subsidiary of Shenzhen Capchem Technology, held a groundbreaking ceremony for a new battery electrolyte manufacturing facility at Kulim Hi-Tech Park, Kedah, Malaysia.
Obducat received an order from a European customer for an optical aligner system supplied by NxQ, valued at SEK 4.8 million, with delivery expected in the first half of 2026.
NMDC Infra, a subsidiary of NMDC Group, signed an agreement to acquire a 51% stake in Lantania Aguas, a Spanish water treatment company. The renamed entity Lantania NMDC Water will combine capabilities in desalination and water treatment.
Syntiant Corp. officially opened a new manufacturing and R&D campus in Seberang Prai, Penang, doubling its footprint to 220,000 sq ft, increasing annual production capacity to 1.6 billion units, and creating up to 800 high-tech jobs.
ELSIB is manufacturing a second 130 MW turbogenerator for Novosibirsk CHPP-3 under the DPM-2 modernization program, with delivery planned for 2026. The project will increase the plant's capacity by 40 MW by July 2027, with total investment over 12 billion rubles.
REP Holding and Ansaldo Energia signed an agreement to create a joint venture in St. Petersburg for manufacturing, modernizing, and servicing industrial gas and steam turbines, with production localized at REP Holding's facilities.
Silovye Mashiny has begun manufacturing a turbine and generator for the second stage of the Blagoveshchensk CHPP, with delivery expected in January-February 2023. The project is part of a capacity expansion for the power plant.
Ural Turbine Works (UTZ) in Yekaterinburg plans to increase production capacity from 1.6 GW to 2.5 GW per year within five years, investing over 3 billion rubles by 2027.
Silovye Mashiny plans to increase annual production of gas turbines from 8 to 12 units by 2026, with an additional investment of 5 billion rubles. The expansion would likely occur at its Turbogaz facility in Vsevolozhsk, Leningrad Oblast.