HRS Aluglaze plans to set up a new glass glazing manufacturing facility in Ahmedabad, Gujarat, with an investment of about INR 16 crore. The project is expected to be completed in 15 months.
TIGHITCO received a Long-Term Agreement from Sikorsky, a Lockheed Martin company, to supply complex composite details and assemblies for the UH-60M BLACK HAWK program. The agreement has a period of performance through 2032.
Leone Rock Metal Group awarded Metso an order to supply mineral processing equipment for the Phase III 30-million-tonne magnetite concentrator at the Tonkolili iron ore project in Sierra Leone. The order value was not disclosed.
Lingyi iTech (Guangdong) Company announced it will acquire a 35% stake in Readore Technology. The deal value was not disclosed.
Syntec Intelligence Technology Sdn. Bhd., a subsidiary of Syntec Technology, held a groundbreaking ceremony for its second plant in Selangor, Malaysia. The investment exceeds TWD 600 million, and the plant will manufacture industrial controllers and assemble robotic arms. It is expected to be completed and begin phased production in early 2027.
Nexans announced exclusive negotiations with Samvardhana Motherson International Limited (Motherson) for the sale of its wiring harness business Autoelectric for an enterprise value of €207 million. Autoelectric, headquartered in Floss, Germany, generated €749 million in sales in 2024.
Alantra Private Equity has combined Italy's MITI and Spain's SPW Fabrics to create a leading European platform in high-performance technical fabrics. The combined entity has €50 million in revenues, over 300 employees, and four manufacturing sites.
Indian Peroxide (IPL) announced a new 400 TPD chlor-alkali plant at its Dahej manufacturing complex in Gujarat, India. The facility, based on Japanese process technology, is scalable to 800 TPD and is slated for commissioning by October 2026.
Betamek's subsidiary Betamek Electronics received a letter of appointment from Perodua to supply electronic parts for a new vehicle model. The six-year contract, starting December 16, 2025, is expected to generate approximately RM176 million in revenue.
Jerryong Electric (Jeoryeong Electric) signed a contract on December 22, 2025 to supply distribution transformers to Public Service Electric and Gas Company (PSE&G) in the US. The contract is valued at KRW 44.1 billion (USD 29.9 million) and runs from December 22, 2025 to December 31, 2027.
ZESA Enterprises (ZENT) partnered with Shanghai Jinghai Electric Company to establish a local manufacturing and assembly plant for smart meters, switchgears, and electric vehicle chargers in Zimbabwe. The joint venture will initially have the Chinese firm holding 70% and ZENT 30%.
BHI (BHI Co., Ltd.) signed a contract worth 149.2 billion KRW with Samsung C&T to supply LNG combined-cycle power generation equipment. The contract runs from December 25, 2025 to September 1, 2027.
Beijing Dayuan Nonwoven Fabric Co. signed an agreement to purchase five through-air nonwovens lines from Refinno, adding 20,000 tons of annual capacity. The lines will be installed at its Yangzhou and Tianjin sites.
Hyosung Heavy Industries signed a contract worth about 60 billion KRW with Spanish power and energy companies to supply transformers and reactors, marking its first entry into the Spanish market.
Hyosung Heavy Industries secured a contract worth about 50 billion KRW to supply ultra-high-voltage transformers to a major Swedish distribution company.
Hyosung Heavy Industries signed a contract worth about 120 billion KRW with Scottish Power Energy Networks (SPEN) to supply ultra-high-voltage transformers for renewable energy connection projects in Scotland.
Paloma Rheem Holdings, the company behind Paloma, General and Rheem, will acquire a majority stake in French HVAC company Groupe Atlantic. Groupe Atlantic will continue to operate independently with its management team and family shareholders retaining minority stakes.
Time Technoplast Ltd has secured a ₹51 crore supply contract from Hindustan Petroleum Corporation Limited (HPCL) for rigid polymer packaging products, specifically Conipack Pails. The domestic supply contract will be executed over two years.
Howmet Aerospace Inc. has entered into a Purchase Agreement to purchase Consolidated Aerospace Manufacturing, LLC, a wholly owned subsidiary of Stanley Black & Decker, Inc., for an undisclosed cash purchase price.
Ambuja Cements Limited, part of the Adani Group, has received board approval for schemes of amalgamation to merge ACC Limited and Orient Cement Limited into itself, creating a single consolidated cement platform. The transaction is expected to be completed over the next year.
Sheffield Forgemasters has awarded a £210 million main works contract to McLaughlin & Harvey for a new Machine Shop on a 16-acre site at Weedon Street, Sheffield. The 30,000 m2 building will house 24 new machines, including large Vertical Turning Lathes, and is part of a recapitalisation programme.
Amaero Ltd has received a $4.6 million purchase order from Titomic Limited for refractory alloy powders, with shipments expected across Q3 and Q4 FY26. The order is under a five-year exclusive supplier and development agreement.
Belrise Industries signed a strategic collaboration agreement with Plasan Sasa on 22 December 2025 to manufacture and co-develop ATEMM (All-Terrain Electric Mission Module) systems for the Indian military.
Saipem, with partner COOEC, won the EPCI contract for the North Field Production Sustainability Offshore Compression Project (NFPS COMP 5) from QatarEnergy LNG, worth about $4 billion overall with Saipem's share around $3.1 billion, over roughly five years.
Bluewater agreed to sell Severn, a British valve manufacturer with about 1,000 staff and 20 locations, to Finland-listed Valmet in a transaction valued at $480 million, expected to close in Q2 2026.
A consortium led by Coastal Contracts' Mexican JV Coastoil Dynamic signed a RM4.64 billion contract with Pemex for EPC work on a 150 mmscfd gas sweetening plant and a 900 mmscfd separation plant at the Ixachi Field. Commissioning of the plant is planned for Q4 2026.
Rubix UK Ltd was awarded Lot 1 (valves and fittings) of the Centre for Process Innovation's engineering spares framework, worth GBP 500,000 excluding VAT, for contract dates from 22 December 2025 to 21 December 2029.
Zhengzhou Coal Mining Machinery Group (ZMJ) signed a contract on December 18, 2025, to supply a fully mechanized mining face system for the Nishbash Coal Mine in Uzbekistan, the country's largest underground coal mine under construction. This is Uzbekistan's first set of intelligent integrated equipment.
ATW has signed a procurement agreement to supply high-end soldering stringer systems, including the AM050KF model, for a total contract value of approximately RMB 700 million. The customer is an industry-leading client.
Jelly Tekstil, with an input value of over USD 2.20 million, has bought 16,000 m² of land and constructed 2,000 m² of workshops in Niğde, Turkey, for producing nonwoven interlinings. It already has a capacity of 100,000 m per day and aims to further extend capacity.
Baker Hughes secured a multi-year contract from Kuwait Oil Company to supply electrical submersible pumps with installation, monitoring and maintenance services for Kuwait's oil fields. The systems will integrate Baker Hughes' FusionPro and Leucipa solutions.
GE Vernova T&D India Ltd. has secured a contract from AESL Projects Limited, a subsidiary of Adani Energy Solutions Ltd., for the design and construction of a 2,500 MW ±500 kV HVDC VSC terminal station at Khavda to South Olpad. The order will be executed over multiple years.
Vilikkala plans to build a modern production line for recycled textile fibers in Halikko, Salo, Finland, with a total capital requirement of €3.8 million. Operations are scheduled to begin in 2026, with an annual fiber processing capacity of 500 tons.
Lapicorey Supplies & Machinery (LFM) has acquired Usine Union, a Belgian company founded in 1923 specializing in eyelet manufacturing, rivets, snap fasteners and installation accessories. The acquisition aims to consolidate expertise and expand business in France and internationally.
A joint venture between HCL and Foxconn will build Uttar Pradesh's first semiconductor unit in Jewar, Gautam Budh Nagar, with an investment of around ₹3,706 crore. The OSAT facility will manufacture Display Driver Integrated Circuits with a production capacity of 20,000 wafers per month, with groundbreaking in January 2026.
Nantek will build a plastic waste pyrolysis plant at Sadeco's facilities in Córdoba, Spain, with an investment of over €65 million. The plant will start construction in 2026 with an initial reactor capacity of 8,000 tonnes, creating 25 jobs initially and up to 150 direct jobs when complete.
Niebuhr Stahlglastechnik GmbH was awarded a €272,782 contract by KJF Klinik Josefinum gGmbH for interior glazing work in buildings 2 and 3 West in Augsburg. The contract was awarded on 24 November 2025, with work starting 20 April 2026 and ending 23 October 2026.
Ningbo Yunhan Electronics Technology Co., Ltd. secured a multi-year contract as exclusive supplier of advanced patient-monitoring device cable assemblies for a leading European medical equipment developer. The contract follows an 18-month qualification process.
GE Vernova T&D India won a contract from AESL Projects for a 2,500 MW, ±500 kV HVDC terminal station to evacuate renewable power from Khavda to South Olpad, with value undisclosed and estimated by brokers at Rs 7,500-8,000 crore.
Babcock & Wilcox was awarded a $40 million contract to supply advanced low-pressure Wet Gas Scrubbing technology for installation at a major petroleum refinery in Canada.
Affluent Medical entered binding agreements to acquire Caranx Medical and Artedrone for €16.6M and €11.4M respectively, paid in shares. The combined entity will be named Carvolix, focusing on cardiovascular therapies with AI-driven mini-robots and implants.
Symal Group Limited agreed to acquire an 80% stake in Davison Earthmovers for AUD 23.2 million in cash. Founder Paul Davison will retain a 20% stake and continue in the business.
CLS, part of Gruppo TESYA, announced that from January 1, 2026, Degrosolutions will be fully incorporated into CLS, operating under one brand. This follows CLS's 2023 acquisition of 100% of Degrosolutions.
Aarti Industries Limited announced it has secured multiple long-term supply contracts for methanol and toluene with manufacturers and suppliers from GCC countries and Southeast Asia. The contracts cover a substantial portion of AIL's annual feedstock requirement.
OptiGroup announced the acquisition of Textiel Services Nederland B.V. (TSN), a Dutch specialist in workwear washing, repair, rental and PPE supply. TSN will be integrated into OptiGroup's subsidiary All Safety Group.
Semapa signed a binding agreement to sell its entire stake in Secil, a cement and aggregates producer, to Spanish company Cementos Molins for an enterprise value of €1.4 billion. The deal is expected to close in Q1 2026.
Zhejiang Yanpai Filter Technology placed an order with ANDRITZ for two high-performance needlepunch lines to be installed at its headquarters in Tiantai County, China. Commissioning is scheduled for Q3 2026.
Shree Cement announced a ₹2,000 crore investment to set up a 2 MTPA cement manufacturing unit in Chandrapur district, Maharashtra. The plant is part of a three-year plan to increase overall capacity to 80 MTPA.
Saint-Gobain Deutschland signed two 10-year Power Purchase Agreements totalling 474 million kWh: 280 million kWh from Centrica Energy and 194 million kWh from Iqony, covering about 10% of its German electricity demand.
JHS Svendgaard Laboratories announced a ₹25 crore investment to build a new 100,000 sq ft manufacturing unit in Kala Amb, Himachal Pradesh, expected to create 500-600 jobs and become operational by 2027.