GMH Gruppe legally completed the acquisition of the hot rolling mill for large rolled steel dimensions and the mechanical processing including heat treatment for highly complex open-die forgings of Buderus Edelstahl GmbH. The deal makes GMH Gruppe the European market leader for tool steel.
Evonik announced successful trial production of a second polyamides reactor at its Shanghai Multi-User-Site-China, doubling its long-chain polyamides production capacity in Asia. The new line is scheduled to start operations in December 2025.
Iljin Electric secured approximately 100 billion won ($69.86 million) in new overseas orders over the past month, including a 500 kV ultra-high-voltage transformer in California, a 132 kV transformer for a UK data center, and a 132 kV GIS project in Saudi Arabia.
Aecon Utilities has entered into a definitive agreement to acquire KPC, a privately-owned high-voltage testing, commissioning and metering solutions contractor in Ontario. The transaction is expected to close in Q4 2025.
Vertiv has agreed to acquire PurgeRite, a provider of fluid management services for data centers, from Milton Street Capital for approximately $1.0 billion in cash, with potential additional consideration of up to $250 million based on 2026 performance.
Coeur Mining has entered into a definitive agreement to acquire all shares of New Gold. New Gold shareholders will receive 0.4959 Coeur shares per share, implying a total equity value of approximately $7 billion.
Rhodes Interform, a metalforming machinery manufacturer based in Wakefield, has won a multi-million pound contract to design and manufacture three bespoke hydraulic presses for the aerospace sector. The contract includes two 180-tonne presses and one 500-tonne press for bonding composite sheets.
Fabex Steel Structures has inaugurated its second manufacturing unit at Chityal near Hyderabad, built with an investment of ₹120 crore. The facility adds 50,000 tonnes of annual production capacity, bringing total capacity to 100,000 tonnes. The company plans to invest an additional ₹100 crore over 2-3 years and double its workforce to 800.
GE Vernova T&D India Ltd has approved an investment of INR 8.06 billion to expand transformer and reactor capacity at its Vadodara factory and switchgear products at Padappai and Hosur factories. The expansion will increase transformer capacity by over 50% and GIS/AIS capacity by up to 25%, and will be completed by end of 2028.
Valmet will supply a Distributed Control System (DCS) to Helen Ltd's Hanasaari electric boiler plant and thermal accumulator in Helsinki, Finland. The plant will be Europe's largest electric boiler plant with 200 MW capacity and will be commissioned during the 2026–2027 heating season.
Seondo Electric has signed a contract with Korea Electric Power Corporation (KEPCO) to supply 25.8kV eco-friendly switchgear and other equipment for the Moknae substation. The contract is worth KRW 1.99 billion (approx. USD 1.5 million) and runs from November 2025 to August 2026.
Lifco has signed an agreement to acquire a majority of shares in HEGUtechnik GmbH, a German contract manufacturer of electronic components for automation applications. HEGUtechnik had net sales of EUR 10.3 million in 2024 and employs 83 people.
Bravida Denmark has signed a two-year contract with the Danish Building and Property Agency (Bygningsstyrelsen) for nationwide service and maintenance of fire, security, HVAC, cooling and technical installations. The contract can be extended up to 2030.
Sanmina announced the expansion of its manufacturing facility in Fermoy, Co Cork, adding up to 150 highly-skilled jobs. The expanded facility, opened on 31 October 2025, is now Sanmina's largest medical facility in Europe and includes a new ISO8 clean room and automation lines for wearable medical devices.
SciDev has won a $19.5 million contract from McMahon Services for water treatment at the Rum Jungle rehabilitation project in the Northern Territory, Australia.
Siltech Corporation announced the opening of its third manufacturing facility in Fort Erie, Ontario, a US$75 million, 180,000-square-foot investment to expand production of specialty organo-modified silicones.
Bahrain Refrigeration Electromechanical Equipment Technology (BRET) announced the establishment of a USD 98.4 million factory for commercial refrigeration products in the Bahrain International Investment Park. The facility will have a production capacity of up to 300 units per day.
Daikin Applied acquired DDC Solutions, adding modular, ultra-high-density hybrid and in-room, rack-level solutions for white space cooling to its data center solutions portfolio.
An affiliate of Pacific Avenue Capital Partners has closed the acquisition of FLSmidth Cement, which was announced on 20 June 2025. The company will be rebranded as Fuller Technologies.
NORMA Group secured a contract to supply eM Safe quick connectors for a new electric vehicle platform from a large US-based car maker. The contract is worth approximately €14 million and covers 90,000 electric cars per year from 2027 to 2034.
Paviglass has broken ground on a new intelligent high-end glass equipment production base in Chaoyang Town, Luoyang, China. The facility covers 13,000 square meters with a planned investment of RMB 100 million and will produce 150 sets of glass cutting and storage equipment annually.
DXP Enterprises has completed the acquisition of Triangle Pump & Equipment, a distributor of pumps and process equipment for the water and wastewater industry. The deal closed on November 3, 2025, with signing on November 1, 2025.
Granite has been awarded a $70 million contract by the Tucson Airport Authority for the construction of a third full commercial runway at Tucson International Airport. The project is part of the Airfield Safety Enhancement Program.
Woodward held the grand opening of a new Heavy Frame Turbine Valve and Actuator repair and overhaul facility in Greenville, South Carolina. The site doubles its North American service capacity for heavy frame gas turbine valves and actuators.
Komori-Chambon expanded its Orléans site to 12,000 square meters for design, assembly and testing of printing machines, doubling the site's footprint and increasing production capacity.
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.
GE Vernova T&D India's board approved an INR 806 crore investment to expand facilities in Vadodara, Hosur and Padappai, aiming to raise transformer and reactor capacity by over 50% and GIS and AIS capacity by up to 25% by 2028.
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.
Flowserve has named Alice DeBiasio, formerly Vice President and General Manager at Carrier Corporation, as President of its Flow Control Division.
Baker Hughes received an award from TPAO and TP-OTC to supply deepwater horizontal subsea trees, subsea structures, control systems and intelligent completions for Phase 3 of the Sakarya Gas Field in Turkey.
Path Robotics launched Rove, a mobile welding robot that is the first mobile embodiment of its Obsidian physical AI model, capable of welding parts that cannot be moved or fixtured.
Path Robotics has secured a multi-year deal with HII worth up to $900 million for autonomous welding, grinding, and assembly for Navy ships, including a full-scale physical AI-first factory for naval shipbuilding.
Shandong Woda Heavy Machinery Co., Ltd. held a ceremony on November 2, 2025, to inaugurate a new plant at its high-speed rail factory in Tengzhou, China. The company has built three factories totaling 160,000 square meters.
MAG IAS GmbH, part of Fair Friend Group, has received a major order from Jupiter Tatravagonka Railwheel Factory Pvt. Ltd. to supply a turnkey production line for railway axles. The line will be installed at JTRWF's new plant in Khurda, Odisha, India, and is designed for an annual capacity of 60,000 axles.
Toray Advanced Materials completed the expansion of its second polyphenylene sulfide (PPS) production line at its Gunsan plant in Saemangeum, South Korea, adding 5,000 tons of annual capacity. Total capacity is now 13,600 tons, the largest in Korea.
Infinit PRO will build a production and administrative complex in the Dubna Special Economic Zone to manufacture import-substituting evaporative equipment for industrial cooling systems. The investment is 708 million rubles, creating 125 jobs, with operations starting no earlier than 2027.
East Asia Machinery signed a project for a Central China air compressor and core components smart manufacturing base in Helu Industrial New Town, Lujiang County, Hefei, Anhui. The planned total investment is RMB 400 million, with new workshops of over 50,000 square metres; the signing took place on 2 November 2025.
Samsung Electronics acquired Fläktgroup, a German climate-control specialist, in November 2025 for €1.5 billion ($1.8 billion) to strengthen its European heat pump push.
Dongfang Electric signed a contract in November 2025 for a 50MW combined cycle project in Zhambyl Region, Kazakhstan, including 3 G50 gas turbines, with a contract value of approximately 15 billion yuan (about $2.1 billion). The project is expected to be commissioned in 2026.
SOUDON MEDICAL has relocated to a new, state-of-the-art manufacturing facility at Xiaolin High-Tech Park in Hangzhou, China, significantly increasing production capacity and R&D capabilities. The facility was announced in November 2025.
AkzoNobel and Axalta Coating Systems announced a definitive agreement to combine in an all-stock merger of equals, creating a premier global coatings company with an enterprise value of approximately $25 billion and combined 2024 revenues of about $17 billion.
MIPA SE acquired a 51% stake in IMparat Farbwerk Iversen & Mähl GmbH & Co. KG in November 2025. The previous shareholder retains 49% and remains managing director.
Liebherr-Werk Biberach GmbH announced a nine-figure euro investment to fully modernise its production facilities for tower and mobile construction cranes at its Biberach site in Germany by 2034. The first phase involves several tens of millions for renovation and expansion.
Saab has received an order from the Swedish Defence Materiel Agency (FMV) for a new launch system for Gripen C/D and Gripen E. The order value is approximately SEK 1 billion.
Fluence Corporation secured a contract worth over US$12 million to provide an ultra-pure water treatment system for Tecnicas Reunidas, which is constructing a new combined-cycle power plant in Saudi Arabia. Work is expected to start immediately, with completion in 2026 and start-up in first half of 2027.
Concord Control Systems Limited acquired Fusion Electronics Private Limited, India's largest producer of flexible printed circuit boards with an annual installed capacity of 200,000 square meters. The acquisition positions Concord in the high-value electronics manufacturing segment.
Collins Aerospace, a business unit of RTX, has inaugurated a new manufacturing facility at the KIADB Aerospace Park in Bengaluru with an investment of USD 100 million. The Collins India Operations Center spans 26 acres and will produce aircraft seats, lighting and cargo systems, and other aerospace products.
Musashi India has completed the Phase 2 expansion of its Bengaluru manufacturing facility, adding 11,000 square metres and increasing production capacity from 4 million to 6.5 million sets of scooter and motorcycle transmissions annually. The enlarged plant is scheduled to become fully operational by December 2025.
Modula has opened a new production facility in Gersthofen, Bavaria, with a total area of 2,200 m². The grand opening took place on November 18, 2025, and the facility was handed over ready for occupancy in September 2025.
Clariant has signed a 10-year agreement with SECCO Petrochemicals to provide CLARITY Prime digital services for its 900-KTA ethylene plant in Shanghai, Jinshan District.