Lokesh Machines Limited received an order worth Rs. 7.96 crore from Kirloskar Oil Engines for supply of a fish-liner boring and deck-face milling SPM machine, to be executed before June 2026.

Omnifab acquired Électromécano, a Quebec firm specialised in pump maintenance, repair and service, with its employees joining Omnifab. The announcement was first made on December 11, 2025.

TechnipFMC won a significant contract from Chevron to supply Subsea 2.0 production systems for the Gorgon Stage 3 project offshore Western Australia. The contract value is reported as $75-250 million.

ExO, a new production alliance of extreme Group and Olberding Brand Family, won a packaging production tender from L'Oreal for its Consumer Products division in Europe. The joint venture operates in eight countries with 770 employees.

GE Vernova and Seatrium's consortium was awarded a TenneT contract to deliver major parts of BalWin5, a 2.2 GW offshore HVDC grid connection for German North Sea wind power. GE Vernova will supply converter stations and HVDC technology, while Seatrium will design, build and install the offshore converter platform.

Jitai Valve Group held the roof-topping ceremony for its 30,000-set-per-year high-parameter valve plant in Wenzhou's Marine Economic Demonstration Zone on 11 December 2025. Full completion and production are planned for September 2026.

Smurfit Westrock has broken ground on a USD 65 million corrugated and folding carton plant in Ciudad Obregón, Sonora, with operations scheduled to begin in early 2027. Construction and start-up are expected to create more than 800 direct and indirect jobs.

Three Angle Marine Ltd. was awarded a contract by the World Bank project for material handling equipment (cranes, bag unloader, bagging machine, and ground handling equipment) for Pangaon Cargo Terminal in Bangladesh. The contract value is USD 2,788,236.67, with a duration of 12 months, and the notification of award was issued on December 10, 2025.

BEUMER Group officially opened a new state-of-the-art manufacturing facility in Taicang, China. The plant occupies 33,350 square meters and was completed in 12 months, with construction finishing in June 2025.

PYBAR and MACA Interquip Mintrex, both part of the Thiess Group, secured contracts with Larvotto Resources at the Hillgrove Antimony-Gold Project in New South Wales. PYBAR's contract includes 20km of underground development over four years; MIQM's contract covers EPCM for the processing plant.

Shandong Dawn Polymer Co. Ltd agreed to acquire an 80% equity stake in Ningbo SK Synthetic Rubber Co. from SK Chip Investment for CNY516 million (€62 million). The deal includes transfer of EPDM technology and IP from SK affiliates.

On December 10, 2025, JSW Paints announced the acquisition of a 60.7% stake in Akzo Nobel, reportedly valued at $1.4 billion USD, gaining access to Akzo Nobel's paints and coatings portfolio.

Lloyds Metals and Energy Ltd signed a non-binding MoU with Tata Steel to explore collaboration in raw material mining, logistics, pellet production, steel making, and greenfield steel plants.

Lloyds Metals and Energy Ltd's subsidiary Lloyds Global Resources FZCO plans to acquire up to 50% equity in Nexus Holdco FZCO, which holds stakes in mining concessions and a copper processing facility in the Democratic Republic of Congo.

Qualcomm Technologies, Inc. announced the acquisition of Ventana Micro Systems Inc., a RISC-V CPU developer, to strengthen its CPU engineering capabilities.

Huaihe Energy (Group) Co., Ltd. completed the acquisition of the remaining 89.3% stake in Huaihe Energy Power Group Co., Ltd. from Huainan Mining (Group) Co., Ltd. for CNY 12.1 billion, making Power Group a wholly owned subsidiary.

NOV has sold its advanced nuclear development company Shepherd Power to Natura Resources in a stock-for-stock transaction. NOV becomes an investor in Natura and signed an MOU to provide manufacturing and project management support for Natura's molten salt reactor deployment.

AMSC has acquired Comtrafo, a Brazilian transformer manufacturer, for R$300 million (approximately US$55 million) in cash and restricted shares valued at approximately US$78 million, plus real property for R$155.6 million (approximately US$29 million).

Bad Boy Mowers plans to invest $10.5 million in a new tractor assembly plant in Monroeville, Alabama, creating 50 jobs. The facility will produce about 9,000 tractors per year.

The U.S. Department of Defense awarded a $110 million firm fixed price contract to Puritan Medical Products to procure equipment to increase domestic production capacity of foam tip swabs by 200 million per month by September 2021.

Perimeter Solutions has entered a definitive agreement to acquire Medical Manufacturing Technologies LLC (MMT) from Arcline Investment Management for approximately $685 million in cash. MMT provides machinery and consumables for medical device manufacturing.

UST signed an agreement to acquire a majority stake in Italdesign from the Audi Group, with Lamborghini retaining a significant stake, creating a partnership combining UST's AI and engineering expertise with Italdesign's design and prototyping capabilities.

Vossloh announced it was awarded a firm two-year contract by SNCF Réseau for extensive milling works on France's rail network, with an option to extend for up to three additional years, starting in 2026, covering an average of 200 km of track per year.

Budimex S.A. announced its consortium was selected by PKP Polskie Linie Kolejowe S.A. for a PLN 2.59 billion contract to design and construct a section of railway line No. 622 as part of the Podłęże-Szczyrzyc-Tymbark/Mszana Dolna project.

Covestro AG announced the successful closing of its strategic partnership with XRG P.J.S.C., including a EUR 1.17 billion capital increase to support Covestro's 'Sustainable Future' strategy.

MacLean Power Systems and Power Grid Components signed definitive agreements to merge and recapitalize MPS, with Blackstone becoming the majority owner of the combined company.

AST and Marchesini Group entered a strategic partnership to strengthen sterile fill-finish production, with Marchesini Group acquiring a 44.39% equity stake in AST.

Onkos Surgical opened the NanoCept Innovation Center, a new 4,600-square-foot facility in Bridgewater Township, NJ, for its NanoCept Antibacterial Technology used in orthopaedic implants.

Virtusa Corporation announced the strategic acquisition of SmartSoC Solutions, a leader in semiconductor engineering and IC design services, to expand into the semiconductor sector.

Rangsons Aerospace has bagged a long-term award with Airbus to manufacture critical aviation tubes and duct assemblies for the Airbus A320 Family, becoming the first Indian Tier-1 company to do so.

Conventus Polymers has been selected as an authorized distributor for Victrex plc’s polyetheretherketone (PEEK) products for the U.S.

Surya Roshni Ltd. received an order worth ₹168.71 crore for the supply of submerged arc welded MS pipes for Gujarat, with execution scheduled by June 2026.

President Marcos led the groundbreaking of the Korea Agricultural Machinery Industry Complex (KAMIC) in Cabanatuan City, Philippines. The $100 million facility will assemble and manufacture tractors and seeders for the Philippine market.

Carrousel Packaging, a Canadian packaging distributor, announced the acquisition of PharmaCos Machinery, a Montreal-based automation and packaging equipment company serving pharmaceutical and cosmetics sectors.

Neways announced the acquisition of Philips Micro Devices, a high-tech microsystems business serving defense, semicon and medical sectors. Approximately 70 employees will transfer to Neways. The transaction is expected to close early 2026.

Hagedorn Unternehmensgruppe acquired the insolvent Hüffermann Group, including Knaack-Krane, saving 500 jobs and expanding its heavy-lift logistics fleet to over 2,000 vehicles.

Mutag has entered into a strategic agreement to acquire the IP rights and product portfolio of Alpha Aqua, expanding its water treatment offerings to include prefabricated filtration solutions and skid-based utility systems.

Scanfiber Composites, part of Fjord Defence Group, secured an NOK 8.85 million order for advanced spall liners to enhance NATO armored vehicle protection.

The Shah Deniz consortium awarded a $156 million contract to BOS Shelf LLC and BOS Shelf International FZCO for fabrication of a 9,900-tonne support jacket and 5,800-tonne piles for the Shah Deniz Compression platform. Construction will start in Q4 2025 and finish in Q1 2028 at the Heydar Aliyev Baku Deepwater Jackets Factory.

Nordex Group will supply Alliant Energy with up to 190 wind turbines (N133 and N163 Delta4000 variants) for projects in the Midwest, including Iowa, providing up to 1,060 MW capacity. Turbines will be manufactured at Nordex's West Branch, Iowa facility, creating jobs. Installation is scheduled for 2028 and 2029.

Wolfspeed will supply silicon carbide MOSFETs to Toyota for use in onboard chargers for battery electric vehicles. The components are designed to improve power efficiency and reduce charging times.

Wankai Advanced Materials Indonesia will build a PET resin plant with 750,000 tonnes per year capacity at Krakatau Industrial Estate in Cilegon, Indonesia, with an investment of US$ 284 million. Construction is expected to take 1.5 years.

The Vollrath Company announced a multi-million dollar investment to modernize and expand its Sheboygan headquarters. The first phase, valued at around $40 million, includes construction of a new 110,000-square-foot manufacturing facility.

Karafiber Tekstil has successfully commenced production on its second Lyocell fibre line in Gaziantep, Turkey, adding 28,000 tonnes per annum capacity for a total of 53,000 tonnes. The second line was completed in July 2025.

Technology International Group announced construction of a new manufacturing plant in Jarod, Vadodara, Gujarat. Phase 1 involves a $2 million investment on 100,000 sq. ft. of land, with 30,000 sq. ft. built-up area, boosting annual capacity from 70 million to 150 million parts.

Japanese manufacturer T.Rad plans to develop a large manufacturing plant in Clarksville, Tennessee, for industrial cooling equipment. The project is valued at $90 million.

Sanan Optoelectronics and Inari Amertron Berhad plan to jointly invest $280 million to establish a new joint venture in Hong Kong.

Sanan Optoelectronics and Inari Amertron Berhad have agreed to acquire 100% of Lumileds Holding B.V. for $239 million in cash. The deal has passed some antitrust reviews but still requires approvals from the Netherlands, Germany, and CFIUS.

LifeQuest World Corp., through its subsidiary Biopipe Global, was awarded a contract for a 300 m3/day decentralized sewage wastewater treatment installation in Crete, Greece. The project uses Biopipe's patented biological, chemical-free wastewater technology.

Daikin Australia officially opened a new $28.6 million manufacturing facility in Chipping Norton, New South Wales. The Factory 2 expands production of customised Air Handling Units and Rooftop Packaged Air Conditioners, creating more than 60 jobs.