Osbit Ltd, part of Venterra Group, has been awarded a contract by NKT to design and build the NKT T3600 subsea cable trencher. The 3,600-horsepower machine will bury high-voltage power cables up to 5.5 metres below the seabed and is expected to be commercially operational by 2027.
ABB's factory in Przasnysz, Poland, has received a large order from German energy network operator E.ON for medium-voltage switchgear free of SF6 gas. The order is the first major contract for a new production line at the plant, driven by the EU ban on SF6 from 2026.
Kemira Chemicals Germany GmbH has been awarded a framework agreement by the City of Hanover to supply ferric chloride for the Herrenhausen and Gümmerwald wastewater treatment plants. The contract value is €1,276,607 and runs from October 8, 2025 to November 12, 2026.
Flex Américas, part of India's Uflex Group, is building a plant in Altamira, Tamaulipas, to produce polypropylene fabrics for food and pharmaceutical packaging. The facility is near the Asisa industrial park and is set to be inaugurated soon.
FISCHER Group announced the acquisition of BBN Spindles SA, a Swiss manufacturer of high-precision spindle systems based in Bôle, Neuchâtel. The acquisition was announced on October 20, 2025.
Martin Equipment completed construction on a new 21,500-square-foot facility in Cedar Rapids, Iowa, which officially opened on October 20, 2025. The facility more than doubles the size of the previous location and includes expanded service bays and parts warehouse.
Midea and Frigicoll S.A. acquired 100% of Pacerin, a Spanish company specializing in digital brand development on Amazon, integrating it into their joint venture. The acquisition was announced on October 20, 2025.
Lone Star Funds announced the signing of a binding agreement to sell Xella Group, a provider of walling solutions, to Holcim. The transaction values Xella at approximately €1.85 billion and is expected to close in H2 2026.
Process Machinery Inc. broke ground on a nearly $11.5 million expansion of its facility in Shelbyville, Kentucky. The project will add over 28,000 square feet, create 30 new jobs, and is expected to be complete by the end of 2026.
Mitsubishi Generator has received an order for two gas turbine generators for the O Mon 4 GTCC power plant in Can Tho, Vietnam. The plant will have a total output of 1,155,000 kW and is scheduled for completion in 2028.
A subsidiary of Joyson Electronics received a project nomination from an undisclosed customer to develop and supply automotive intelligent electric products, including ADAS domain controllers and smart cockpit multi-screen displays. The total order value is approximately 5 billion yuan over the lifecycle, with mass production planned from end of 2026.
Italian chemical group COIM has reached a nonbinding agreement with Manali Petrochemicals to acquire 100% of Notedome, a UK manufacturer of polyurethane systems. The deal is valued at at least 8.5 times Notedome's adjusted EBITDA.
Beijer Ref AB acquired a leading HVAC distributor in the Baltics. The announcement was made on October 20, 2025.
Mitsubishi Generator secured an order for five turbine generators for Taiwan Power Company's Tung Hsiao GTCC power plant expansion (Tung Hsiao II) in Miaoli County, Taiwan, with total output of 2,800 MW. The generators will be supplied with Mitsubishi Power turbines.
Slipstream Design secured an order worth over £800,000 from a major OEM to design, develop, and manufacture sovereign RF sub-systems in the UK for next-generation sensing platforms.
CastlePierce Printing Company has acquired Quality Assured Label (QAL) of Minnesota, a specialty label maker, combining their packaging offerings.
Ideal Can has opened a new steel canmaking facility in Chatham-Kent, Ontario, an investment of over C$80 million that is expected to create more than 200 jobs and produce hundreds of millions of cans annually.
Velan Inc. has received a valve order exceeding C$20 million from Ontario Power Generation to supply Emergency Cooling Injection valves for three reactors being refurbished at the Pickering Nuclear Generation Station, with first shipment in January 2027.
Peerless Pump Company is opening a new packaged system competency center in Waller, Texas, in November to more than double operational capacity for its Peerless Engineered Systems division and launch a new prefabricated packaged pump product line.
AxFlow, a division of Axel Johnson International, has acquired Jadler Industries, a Canadian provider of fluid handling systems and services.
Alfa Laval has completed the acquisition of the cryogenics business unit of Fives Group, an expert in cryogenic heat transfer and pump technologies.
Grundfos has finalized its acquisition of Newterra, a US water and wastewater treatment solutions company, from private equity firm Frontenac.
Baker Hughes and Chart Industries signed a definitive agreement for Baker Hughes to acquire all Chart shares at US$210 per share in cash, a total enterprise value of US$13.6 billion, after Flowserve and Chart ended their merger.
Robosys Automation has been awarded a contract by an undisclosed European client to retrofit a 26-metre Damen 2610 crew support vessel with its VOYAGER AI autonomy software.
TIPA Compostable Packaging, with its subsidiary Bio4Pack, announced on October 20, 2025 the acquisition of SEALPAP, a maker of recyclable coated paper-based packaging. The deal expands TIPA's offering across compostable and recyclable paper solutions.
Score Group secured two contracts from INEOS Energy, including supply of 480 custom-engineered manual and actuated valves for the Project Greensand carbon capture and storage development in the Danish North Sea. The article was published October 20, 2025.
Silan Microelectronics plans to invest CNY 20 billion (USD 2.8 billion) with local government partners to build a 12-inch high-end analog IC factory in Haichang, Xiamen. Phase 1 (CNY 10 billion, 20,000 wafers/month) will start construction by end-2025 and begin production in Q4 2027.
ProHuben (Kunshan) Lifting Technology Co., Ltd. completed a CNY 600 million expansion of its logistics and warehousing equipment manufacturing project in Zhangpu, Kunshan. The project is expected to generate over CNY 1 billion in annual output.
Silan Microelectronics signed an agreement with Xiamen city and Haicang district to invest 20 billion yuan in a 12-inch high-end analog IC manufacturing line in Xiamen, China, with phase one at 10 billion yuan, starting construction by end of 2025 and initial production in Q4 2027.
Norcast inaugurated a new plant in Torreón, Coahuila, Mexico, for high-precision aluminum injection parts, with an investment of MXN 650 million, creating over 400 direct jobs.
Otter Controls India inaugurated its fourth manufacturing facility in Chakan-Pune, India, with a $4.5 million investment, creating 1,000 jobs and increasing production capacity by 75%.
Jindal Poly Films Limited announced a scheme of arrangement to demerge its Nonwoven Fabrics Business division into its wholly-owned subsidiary Global Nonwovens Limited, effective from April 1, 2025.
Taihua Group (Zhejiang Taihua New Materials Group) broke ground on its first-phase project in Vietnam, a $100 million high-end functional fabric integrated facility in Tay Ninh Province. The plant will have annual capacities of 7,000 tonnes of textured yarn, 60 million meters of greige fabric, and 60 million meters of finished fabric, with trial production expected in June 2026.
Sanlian Hope (Sanlian Hongpu) signed a contract worth 217 million yuan (about $30 million) with Shunlu Chemical for a polyamide 6 polymerization project.
UltraTech Cement announced an investment of Rs 10,255 crores (about $1.2 billion) to expand its cement production capacity by 22.8 million tonnes per annum, including through its subsidiary India Cements Limited. Commercial production is expected to start from FY28.
The US Navy awarded a sole-source Indefinite Quantity Indefinite Delivery (IDIQ) contract valued at $76,822,580 for the fabrication of tape-wrapped carbon phenolic (TWCP) heatshields for Navy SLBM Reentry Systems. The period of performance is 60 months.
SRI International has been awarded a maximum $98,600,368 long-term contract by the Defense Logistics Agency for advanced microcircuit emulation improvement. The contract was awarded on October 17, 2025, with performance in New Jersey and a completion date of January 31, 2031.
Kloeckner Metals broke ground on a $90 million aluminium processing facility in Mississippi, with operations expected to begin in early 2027. The 222,500-square-foot plant will process up to 150,000 metric tonnes of aluminium annually and employ about 40 people.
JD Fields HDM Spiralweld Mill, a partnership between JD Fields & Company and HDM Steel Pipe, will invest $50 million to build a 200,000-square-foot steel fabrication center at Tradepoint Atlantic in Sparrows Point, Maryland, creating about 150 jobs.
Electricity Supply Board (ESB) of Ireland and GE Vernova announced a major life extension and modernization project for the Dublin Bay power plant, including GT26 High Efficiency upgrade.
GE Vernova and Crusoe announced a deal to deliver 29 LM2500XPRESS aeroderivative gas turbine packages to Crusoe AI data centers, providing nearly 1 GW of electricity.
GE Vernova announced a $41 million investment in its Schenectady facility to expand generator capacity for H65 and H84 generators, part of over $130 million in investments since 2023.
Intel Foundry secured a multi-billion-dollar contract to manufacture Microsoft's next-generation AI accelerator, Maia 2, using its 18A process node, announced on October 17, 2025.
Daikin Applied announced plans to open a 200,000-sq. ft. modular solutions manufacturing facility in Phoenix, AZ in January 2026, offering a 300% expansion in manufacturing space for modular and air-cooled modification solutions.
Daikin Applied, through subsidiary Alliance Air Products, opened a 460,000-sq. ft. manufacturing plant in Tijuana, Mexico this summer, doubling production capacity for custom air handlers.
Saint-Gobain completed a major expansion at its CertainTeed Gypsum facility in Palatka, Florida, with an investment of over $240 million, doubling production capacity and creating 110 new jobs, making it the largest gypsum wallboard facility in the world.
Siemens Energy opened a new plant for wind power transformers in Wollsdorf, Austria, with 25,000 square meters of production space, manufacturing transformers for wind turbines.
Brogan Group has acquired Sunbelt Rentals' UK Hoist Division, including its construction hoist fleet, equipment, and operations across the UK, and formed a trading partnership with Sunbelt's wider hire network.
Atlanta Electricals' new plant in Vadod, Gujarat is entering the commissioning phase, expanding total installed capacity to approximately 63,060 MVA across five facilities.
German company United Brands Group has acquired Swedish textile company Wiges AB, a leading player in socks and underwear in Sweden. Wiges will continue to operate under its own name as part of the international group.