ArcelorMittal acquired 28.4% of Vallourec for over $1 billion, strengthening its position in the premium energy products segment.

NAFCO's subsidiary MY NAFCO PRECISION SDN. BHD invested approximately NT$130 million to acquire land and factory facilities in Seremban, Negeri Sembilan, Malaysia. The plant, opened in April 2025, is undergoing further capacity upgrades with total investments expected to exceed US$40 million.

NAFCO announced a five-year cooperation agreement with MTU Aero Engines at the 2025 Paris Air Show, covering aerospace fasteners in Taiwan and precision machining at NAFCO's Suzhou plant in China.

Anaergia S.r.l. entered a binding agreement with RDR S.p.A. to supply capital equipment for Italy's first co-digestion system at ASA Livorno's wastewater treatment plant, combining food waste and sludge to produce biomethane, with operations expected by December 2026.

Wanhua Chemical plans to expand its IPN unit from 55,000 to 100,000 tons/year and its IPDA unit from 50,000 to 100,000 tons/year at its Yantai base, with construction scheduled from 2025 to 2026.

Sandvik received a major underground mining equipment order from Oyu Tolgoi LLC for the Oyu Tolgoi copper-gold mine in Mongolia. The order is valued at approximately SEK 270 million and includes loaders and trucks, with deliveries from October 2025 through November 2026.

Johnson Controls has started work on expanding its Sabroe chiller and heat pump manufacturing facility in Holme near Aarhus, Denmark, adding 2,300 square metres of production capacity and a test centre, with completion scheduled for early 2026 and over 100 new jobs.

DelVal Flow Controls is finalizing its fourth manufacturing facility in India, a 65-foot-tall plant to make valves up to 120 inches, the largest it has produced. The plant will complement its sites in Satara, Pune, Geismar and Dammam.

IPL and Schoeller Allibert completed their previously announced merger, creating IPL Schoeller, a sustainable packaging provider with 26 manufacturing locations in North America, Continental Europe and the UK. Proforma 2024 revenue is over US$1.4 billion with more than 4,000 employees.

LS Electric launched the second production building for ultra-high-voltage transformers at its Busan facility last year, as part of a two-track strategy to strengthen domestic and overseas production bases.

Nidec has inaugurated a new factory in La Fouillouse, France, dedicated to high-power electrical storage systems. The first phase of the investment is EUR 17 million, and the site employs 350 people.

Konecranes has secured an order from Sunnhordland Kraftlag AS to deliver a 355-ton maintenance crane to the Blåfalli Fjellhaugen hydropower plant in Norway. Delivery is set for early 2026.

Lydall announced it is purchasing Texel, a producer of needlepunch nonwoven materials, for approximately $96 million in cash. The acquisition will be included in Lydall’s Industrial Filtration operating segment, renamed Technical Nonwovens.

Bodo Möller Chemie Group has entered into an exclusive distribution partnership with Rain Carbon Inc. for NOVARES hydrocarbon resins and RUETASOLV solvents in Poland, Slovakia and the Czech Republic, effective July 1, 2025.

Picanol Group, a business unit of Tessenderlo Group, acquired the activities of Osterwalder Technology AG, a powder compacting technology company based in Switzerland. The acquisition was finalized in mid-2025.

Shree Refrigerations Limited supplied a marine-grade HVAC system for INS Udaygiri, a stealth frigate commissioned into the Indian Navy on July 1, 2025 as part of Project 17A.

Lloyds Metals completed the acquisition of an 80% stake in Thriveni Earthmovers Pvt Ltd on July 1, 2025, making Thriveni's MDO business a subsidiary of Lloyds. The acquisition strengthens Lloyds' position in the Indian mining industry.

Nidec Global Appliance announces that its brand Embraco has acquired scroll compressor manufacturer Xecom, expanding into the HVAC market with an expanded scroll compressor portfolio.

British investment company Rosebank Industries PLC has agreed to acquire Electrical Components International Inc. (ECI), a manufacturer of power distribution systems, from Cerberus Capital Management for about $1.9 billion. The deal is subject to regulatory and shareholder approval.

NEXTCHEM, a subsidiary of MAIRE, was awarded a €210 million contract by Samsung E&A for basic engineering and supply of proprietary equipment for the Pacifico Mexinol ultra-low carbon methanol facility in Sinaloa, Mexico, with a capacity of 2.1 million tons per year.

Emulsion supplier BATF and special chemicals supplier Syensqo signed a strategic cooperation framework agreement on July 1, 2025, to jointly develop emulsion solutions for SVOC coatings.

HD Hyundai Construction Equipment and HD Hyundai Infracore decided to merge into a new entity named HD Construction Equipment, with consolidated revenue of US$6.15 billion, following board meetings on July 1, 2025.

Kronospan ApS completed the acquisition of the remaining 50% of shares in Nordalim A/S from Dynea A/S on July 1, 2025, gaining full ownership of the Danish chemical producer.

Expert Air Control, founded in 2002, is merging with Kliemann Brothers Heating & Air Conditioning, a locally owned HVAC company serving Western Washington since 1998. The merger creates a combined HVAC and electrical service provider in Puget Sound.

KRN Heat Exchanger plans to invest over Rs 600 crore in Rajasthan over the next four years, with commercial production at its new Neemrana plant starting on May 30, 2025.

Tadano Ltd. acquired the transportation system business of IHI Transport Machinery Co., Ltd., a subsidiary of IHI Corporation, for approximately 15.3 billion yen, establishing a new subsidiary Tadano Infrastructure Solutions Ltd.

Altri SGPS S.A. signed an agreement to acquire a majority stake in AeoniQ, a cleantech spin-off of HeiQ Materials AG, to build the world's first industrial plant for climate-positive cellulosic filament yarn at Altri's Caima pulp mill in Portugal, with construction expected to begin in 2026.

Giant Motors Latinoamérica (GML) announced a US$165 million investment to expand its Ciudad Sahagun plant in Hidalgo, doubling annual production capacity to 60,000 vehicles and creating 5,500 jobs by 2026.

TONEXUS Technology has won the bid for the alkali recovery boiler flue gas desulfurization and denitration project and lime kiln flue gas desulfurization and denitration project at WuZhou Special Paper (Jiangxi) Co., Ltd.

Silver State Refrigeration & HVAC has acquired Tri-Point Refrigeration, a commercial refrigeration services provider in Austin and Lubbock, Texas, strengthening Silver State's Texas operations.

Permasteelisa Group, through its Dutch arm Scheldebouw, has been selected as the specialist façade contractor for the Bovis City Tower, a 36-storey office development in London valued at £500 million, scheduled for completion in early 2029.

Kunming Nicolas Correa Machine Tool Co., Ltd. has been selected as the first candidate to supply a vertical gantry five-axis machining center to China State Shipbuilding Corporation's Fenxi Heavy Industry, with a bid of 4.95 million yuan.

Turkish defense company Baykar has completed the acquisition of Italian Piaggio Aerospace, including Piaggio Aero Industries and Piaggio Aviation. The deal was finalized at the Italian Ministry of Enterprises.

Eurobio Scientific completed the acquisition of the Life Science unit of Voden Medical Instruments Spa in Italy.

Jiangsu Wanhai Medical Instruments Co., Ltd. finalized an agreement to build a state-of-the-art manufacturing facility in Changzhou's West Taihu Lake Science and Technology Industrial Park. The 390-million-yuan investment will scale annual production capacity to 310 million units of pen injectors and auto-injectors.

Indulor Group, a German polymer company, and PT Polyplast Dwiputra Pratama, an Indonesian chemical company, announced a strategic joint venture to develop advanced chemical solutions for global markets, focusing on R&D, sustainability, and market expansion.

Senzime AB secured a contract to supply 63 TetraGraph monitors and enter a scientific collaboration with a large US university hospital system in Texas. The monitors will be used for neuromuscular monitoring in over 27,000 patients annually.

Osino Resources awarded a N$416 million (€20 million) contract to Metso for the supply of key equipment for its Twin Hills gold project in Namibia. The contract includes crushing and concentration technology for the greenfield gold plant.

Spirit Airlines renewed a long-term agreement with Safran Landing Systems for the supply and MRO of wheels and carbon brakes for its Airbus A320 fleet. The contract covers both A320ceo and A320neo aircraft.

Altri, a Portuguese cellulosic fibre producer, acquired a majority stake in Swiss firm AeoniQ to expand into sustainable textiles. The transaction is expected to close in the second half of 2025.

Truflo by Hindware commenced trial production at its new manufacturing facility in Roorkee, Uttarakhand, India. The plant is part of a ₹170 crore investment and has an initial capacity of 12,500 tonnes per annum.

True North Venture Partners merged its portfolio companies Nanostone Water and Solecta into Acuriant Technologies, Inc., a new advanced membrane solutions company. The merger was announced on July 1, 2025.

BASF and Bachl completed the transfer of BASF's Styrodur business to Bachl.

Autocam Medical plans to build a $70 million, 100,000-square-foot assembly plant in Warsaw, Indiana. Groundbreaking is expected in August or September 2025, with construction taking 18-25 months, and the plant is expected to create up to 300 jobs.

Keelings Flowers opened a €20 million, 8,500 m² flower processing facility in St. Margaret's, Dublin, in 2023. The facility features an R290-based chiller and heat pump from Refra.

Compal Electronics completed the first phase of a new manufacturing plant in Czeladź, Poland, to produce electronic components for the automotive industry. The plant will specialize in ECU production, with test production starting in late 2025 and series production in 2026.

Siemens closed its acquisition of ebm-papst's industrial drive technology business, which has about 650 employees. The business will be marketed as 'Mechatronic Systems' at Siemens.

Permasteelisa Group has been appointed by Obayashi Properties UK as façade contractor for the £500m redevelopment of 60 Gracechurch Street in the City of London. The 36-storey scheme is expected to complete in early 2029.

Ice Air promoted Jason Dowdy to Chief Operating Officer. He previously led the company's expansion in Spartanburg, South Carolina, where a new 100,000-square-foot manufacturing facility for heat pump systems is being built.

Toagosei's U.S. subsidiary acquired all equity interests in its equity-method affiliate Elmer's & Toagosei from its joint venture partner, taking sole control of the cyanoacrylate adhesive business.