Cummins Inc. announced a $50 million investment in its Daventry, UK, power systems plant to create a new 315 sq m assembly line facility with three machining centres and refurbished test cells. The investment is part of a previously announced $200 million global package.
Molins has reached an agreement to acquire 100% of Secil, a Portuguese building materials company, for €1.4 billion. Secil has an annual cement production capacity of about 10 million tonnes and operations in eight markets.
CIE Automotive announced the acquisition of 100% of the share capital of Aludec, S.A. for an enterprise value of EUR 200 million. Aludec specializes in decorative plastic and metal components for automotive interiors and exteriors.
HW Machinery, a Chinese manufacturer, received a project deposit for a 300–500 BPH halal poultry processing line from a South African customer. The order was confirmed on December 19, 2025, following initial contact in May 2025.
Axpo has signed an agreement to acquire Elektrociepłownia Nowa Sarzyna S.A., a 116 MW gas-fired combined-cycle power and heat plant in Nowa Sarzyna, Poland, from Polenergia S.A. The transaction is subject to antitrust review and expected to close in early 2026.
ECORENEW Inc. secured KRW 2 billion in Pre-A funding from Villance Investment Co., Ltd. and the Korea Credit Guarantee Fund. The company plans to establish mass-production facilities for its Renuva Filter-based continuous oil-water separation system, targeting an annual capacity of 100,000 filters.
ABB has agreed to acquire UK-based electrical diagnostics specialist IPEC, adding partial discharge monitoring technology to its Electrification Service portfolio. The transaction is expected to close in Q1 2026. Financial terms were not disclosed.
Babcock & Wilcox was awarded a $40 million contract to supply advanced low-pressure Wet Gas Scrubbing technology for a major petroleum refinery in Canada.
Jiangyin Chuangzheng Metalware Co., Ltd. won the bid to supply fluid carbon seamless steel pipes for Sinopec Yizheng Chemical Fiber New Materials' 8,000-ton-per-year specialty fiber project in Ningxia, China.
Tianjin Port Development's subsidiary, Four Company, signed a contract with Jin'an Heavy Industry to purchase 10 gantry cranes for CNY 185 million (including tax) on December 19, 2025.
EGA Leichtmetall announced the construction of a new aluminium recycling plant near Hanover, Germany, with an investment of approximately EUR 145 million. The plant will add 110,000 tonnes per year of sorting capacity and 153,000 tonnes of melting and casting capacity, creating 200 direct jobs. First hot metal is expected in 2028.
BMO Entreprenør AS, a subsidiary of Endúr ASA, has agreed to acquire Tronfjell Maskin AS. The transaction is expected to close by the end of January 2026.
Caverion has been selected as the technical construction and installation partner for the new Kouvola data centre in Finland, responsible for cooling, ventilation, fire alarm, fire extinguishing, smoke extraction, and electrical and HVAC installations.
Zhejiang Yanpai Filter Technology Co., Ltd. placed an order with ANDRITZ for two high-performance needlepunch lines to be installed at its headquarters facility in Tiantai County, China. Commissioning is scheduled for Q3 2026.
Arkema and ChemSpec Ltd, a member of the Safic-Alcan Group, announced a new distribution agreement covering the eastern United States for Rheostyl rheology modifiers and polymeric emulsifiers for cosmetic and personal care applications.
SYCLEF is opening a Centre of Excellence dedicated to refrigeration and HVAC professions.
ARREDO FRIGO COLD LINE, an Italian company specializing in commercial refrigeration, joins SYCLEF ITALIA.
HORECO, a Romanian group specializing in industrial refrigeration, joins SYCLEF, marking SYCLEF's second establishment in Romania.
Tianjin Port Development's subsidiary, Coke Terminal Company, signed a contract with Jin'an Heavy Industry to purchase four portal cranes for CNY 89.7655 million (tax included).
BEYER-Mietservice KG placed Manitou's largest equipment order of 2025, acquiring 58 telescopic handlers and heavy-duty machines. Half were delivered in autumn 2025, with the remainder expected by early 2026.
Greene Tweed reported successful testing of a composite closed impeller for large centrifugal hydrogen compressors, reaching a tip speed of 688 m/s, nearly double that of metallic impellers.
Italian SACMI, through SACMI Packaging & Chocolate, acquired a 65% majority stake in France's Groupe Emballage Technologies, which owns Etpack, Sermatec and Pactisoud. The deal was made official on 19 December 2025.
Cepack Group, part of Egypt's HSA Group, signed an agreement with BHS Germany to install a new corrugated cardboard production line, expected to raise its production capacity by around 70%. No timeline or investment value was disclosed.
TRICOR Packaging & Logistics built a heavy-duty corrugated board plant in North Rhine-Westphalia, Germany, with an investment of about EUR 170 million, funded by parent Rengo. The plant began operations in July 2025 with planned output of 140,000 tonnes per year and more than 200 jobs.
HydrEra Water Services has acquired privately held ThinkTank Products Inc., completed on December 18, 2025. The acquisition expands HydrEra's North American fluid storage platform with complementary vertical storage technologies.
Witte Automotive has completed negotiations to acquire the Helbako Group, an electronics specialist based in Heiligenhaus, Germany. The contract was initialed on 18 December 2025, with final signing expected in January 2026. Helbako has sites in Germany and Timișoara, Romania.
Babcock & Wilcox Canada was awarded a contract worth over $10 million USD by Irving Pulp & Paper Limited to install boiler equipment as part of a $20 million project to upgrade a Stirling power boiler at the mill in Saint John, New Brunswick.
North American Construction Group agreed to acquire Western Australian mining services contractor Iron Mine Contracting for approximately $115 million (CAD). The deal is expected to close in Q1 2026.
Grupo Gloria, through its subsidiary Casaracra S.A., signed an agreement to acquire 55% of CEMIX ECUADOR S.A.S., an Ecuadorian adhesives and construction materials company, from Breithorn LLC. The transaction is subject to regulatory approval in Ecuador.
Keel Holdings announced a $22 million investment in four large 5-axis precision machining centers from EMCO, to be installed at its expanded 160,000 sq ft facility in Merrill, Michigan. The machines will become operational between March 2026 and June 2027, creating 18 new CNC operator jobs.
GE Aerospace announced two expansion projects in Muskegon County, Michigan: a 20,000 sq ft addition in Muskegon (90 new jobs, completion by October 2027) and a 16,000 sq ft addition in Norton Shores (70 new jobs, completion by February 2027), totaling $75 million investment.
Minsk Aircraft Plant No. 407 has ordered design work for a new specialized metallurgical and metalworking building in Minsk. The facility will produce aircraft parts with mechanical and galvanic processing, creating up to 180 jobs, with construction starting October 2026 and completion by Q1 2028.
Doosan Enerbility has signed an agreement with a prominent US technology company to supply two 380 MW gas turbines, to be delivered by the end of 2026. This is Doosan Enerbility's first overseas export deal for its gas turbines.
Ground Force Worldwide, a subsidiary of Federal Signal Corporation, has signed a definitive agreement to acquire MEGA Corporation, a manufacturer of specialty vehicles and support equipment for mining and heavy construction. The deal includes MEGA's production facility in Albuquerque, New Mexico, and nearly 100 employees.
Miltenyi Biotec is investing around €10 million to expand production capacity at its Teterow, Germany site, including a new cleanroom manufacturing hall for disposable tubing sets. The expansion will add four production lines and up to 50 new jobs.
Krüger, part of Veolia, won a contract to install an ozone treatment system at Egå Renseanlæg in Denmark to remove pharmaceutical residues from wastewater. The project is for Aarhus Vand and the first spadestik (groundbreaking) took place on December 17, 2025.
X-energy and Doosan Enerbility signed a binding Reservation Agreement for the manufacture of Main Power System steel components for 16 Xe-100 small modular reactors. Doosan will construct a new SMR fabrication facility in Changwon, South Korea to support X-energy's 11 GW pipeline.
Ansaldo Energia has been awarded the supply of one gas turbine (GT26 hydrogen-ready) and one steam turbine with generators for a new 521 MW combined-cycle power plant in Mátra, Hungary. The customer is a consortium including Status Kpria, West Hungária Bau and Elsewedy Electric Power Systems Projects, with final customer MVM. Commercial operation is planned for early 2029.
Vital Energi secured a contract with South Tees Hospitals NHS Foundation Trust to design, build, operate and maintain air source heat pumps at Friarage Hospital and The James Cook University Hospital. The contract is valued at £7.8 million for Friarage and £7.1 million for James Cook.
IFS, a provider of Industrial AI software, has acquired Softeon, a cloud-native Warehouse Management solutions provider, from Warburg Pincus. The acquisition extends IFS's Industrial AI capabilities into the warehouse management systems market.
Babcock & Wilcox Canada received a more than $10 million USD contract from Irving Pulp & Paper to install boiler equipment at the Irving Pulp & Paper Mill in Saint John, New Brunswick. This follows a separate $10 million USD equipment design and supply contract awarded earlier in 2025. Installation will take place during the mill's Spring 2026 outage.
Jaya Hind Industries held a ground-breaking ceremony for the expansion of its aluminium die-casting facility in Thiruvallur District, Tamil Nadu. The ₹200 crore investment will add high-pressure die-casting machines from 1,400 to 4,400 tonnes and a new 13,000 sq m shed. Once complete, the plant will have an installed capacity of nearly 20,000 tonnes per year.
LU-VE Nordics has secured a contract worth SEK 81.6 million (approximately €7.45 million) to supply Alfa V Mega VXX3 WetWall adiabatic dry coolers to a major Swedish data center operator. The equipment will be manufactured at LU-VE's Asarum facility.
Bechtel has been appointed as engineering, procurement and construction contractor for Harmony's Eva Copper Mine Project in north-west Queensland, Australia. The project has a capital cost estimated at US$1.55-1.75 billion and includes a new copper concentrator. Construction is scheduled to begin in 2026, with first production targeted for 2028.
Kanadevia announced it will build a new building at its Maizuru plant in Kyoto Prefecture to produce electronic substrates for semiconductor manufacturing equipment. The expansion will increase annual capacity from 29,000 to 49,000 units, with operations starting in September 2026. The company will invest 850 million yen.
FLS received an order to supply key comminution technologies to a greenfield copper concentrator in South America. The order includes crushers, mills and cyclones, valued at approximately DKK 405 million, booked in Q4 2025, with delivery expected during 2027.
Mitsui Chemicals decided to increase MDI production capacity at its joint venture Kumho Mitsui Chemicals in Yeosu, South Korea, by 100,000 tonnes per year to 710,000 tonnes per year. Construction starts February 2026, completion May 2027. Investment is 35 billion won.
Cyient Semiconductors signed a definitive agreement to acquire a majority stake in Kinetic Technologies, a US-based power management and analogue semiconductor company, for up to $93 million.
Pierce Manufacturing announced a new round of facility advancements across its Appleton, Wisconsin operations, part of over $150 million in investments across Wisconsin, Florida, and Tennessee to increase production capacity and reduce lead times for fire apparatus.
Lubelski Węgiel Bogdanka S.A. awarded two contracts for the supply of two-component rock reinforcement adhesives, with a total value of PLN 43,249,419. The winners are Minova Ekochem (PLN 36,970,079) and DSI Schaum Chemie (PLN 6,279,340). The contracts were awarded on December 18, 2025.