Finnish energy company Helen Oy commissioned MAN Energy Solutions to supply an air-to-water heat pump for its Patola heating plant complex in Helsinki. Estanc will manufacture the heat exchanger. The plant, including two 50 MW electric boilers, is expected to be operational in the 2026/2027 heating season.

Ecocem announced a €170 million investment to build four new ACT low-carbon cement production lines in Fos-sur-Mer and Dunkirk, France. The lines will add 1.9 million tonnes per year capacity and create 60 jobs, coming online between 2028 and 2030.

Merit Medical Systems acquired Biolife Delaware, a manufacturer of hemostatic devices, for approximately $120 million in cash and assumed liabilities. The acquisition adds the StatSeal and WoundSeal product lines to Merit's portfolio.

The Kion Group, together with Dematic and Linde MH, invested 90 million euros in an 85% automated spare parts warehouse in Kahl am Main, Germany. The 22,000-square-meter facility holds 70,000 spare parts for 200 forklift series and can handle up to 2.8 million order items per year.

Oglethorpe Power selected GE Vernova's 7HA.03 combined-cycle technology for its new natural gas plant in Monroe County, Georgia. GE Vernova will supply two gas turbines, generators, heat recovery steam generators, steam turbines, and a 20-year service agreement. The plant is expected to generate over 1,400 MW.

Kronen, a food processing technology producer, and Urschel, an industrial cutting machine manufacturer, announced a sales partnership. Urschel will sell Kronen machines in Mexico, the US, and Asia (excluding Vietnam), starting in July 2025 in the US and Mexico, and in 2026 in Asia.

Senior plc announced two new contracts totaling approximately EUR 200 million over 8 years: one for fluid conveyance assemblies for light vehicle ICE and hybrid engines, and another for exhaust gas recirculation systems for heavy-duty trucks. Production for the first contract begins in 2025, and for the second in Q4 2026.

Almec and AR Aluminum plan to start investment in an aluminum recycling process in Q3 2025, with full low-carbon aluminum production expected in the second half of 2026.

Almec held a groundbreaking ceremony for a 9,000 US ton super-large extrusion plant at its AR Aluminum subsidiary in Sacheon, South Korea, on May 20, 2025. The plant adds 20,000 tons per year of low-carbon aluminum billet capacity and completes vertical integration from casting to extrusion.

Daesung Finetech, an auto parts manufacturer, announced it is pursuing a merger and acquisition of Monolith, an ICT convergence theme park startup. The boards of both companies plan to approve the merger agreement on May 19, 2025.

Lopal announced that its subsidiaries have reached agreements to sell a total of 150,000 metric tons of LFP cathode materials to three subsidiaries of Cornex New Energy from 2025 to 2029. The estimated total sales amount exceeds RMB 5 billion.

Ma'rijany Hemp Company launched a hemp processing plant in Rijany, Zhytomyr Region, Ukraine, after two years of construction and $27 million in investment. The plant has a capacity of approximately 14,000 tons of hemp stalks per year and produces fiber for textiles and industrial uses.

Y.C. (formerly 와이씨) announced on May 20, 2025, that it signed a contract with Samsung Electronics to supply semiconductor inspection equipment worth 20.088 billion won. The contract amount represents 9.51% of Y.C.'s recent annual revenue.

Naurobotics announced on May 20, 2025, that it has decided to acquire land and buildings in Namdong Industrial Complex, Incheon, Korea, for a second factory. The facility will be remodeled and equipped for robot mass production, with operations expected to start in early 2026.

HD Hyundai Construction Equipment launched its smart factory at the Ulsan Campus in Ulsan, Korea, on May 20, 2025. The company invested approximately 200 billion won to modernize the facility and increase production capacity by 56% to 15,000 units.

ANDRITZ has secured an order from Limak Enerji to supply electromechanical equipment for the new Incir hydropower plant in Türkiye. The mid-double-digit million-euro contract includes two Francis turbine-generator sets with a total capacity of 124 MW.

ProFluid has entered into a strategic partnership with Yasho Industries to be the exclusive distributor and sales agent in North America for Yasho's grease, lubricant, and metalworking additives.

RBC Bearings has agreed to acquire VACCO Industries, a South El Monte, California maker of valves, manifolds and regulators for space and naval defense, from ESCO Technologies for $310 million in cash. VACCO generated about $118 million revenue in the 12 months to March 2025, and closing is expected this summer.

Stora Enso has started a collaboration with Swedish laminator Oppboga Bruk to produce and market its Ensocoat 2S double-coated cartonboard for luxury packaging and high-quality graphics across Europe.

Bürkert Fluid Control Systems is expanding its Gerabronn plant in Germany, having completed the shell of three new halls, expanding assembly and storage capacity, and modernizing solenoid valve production.

Sidel will install a complete aseptic PET packaging line at DenEast's new aseptic beverage plant near Ho Chi Minh City, which broke ground and will produce up to one million liters of beverages per week.

Codelco has signed a Partnership Agreement with Rio Tinto to jointly develop a lithium project in Chile's Salar de Maricunga.

Conveyer & Caster – Equipment for Industry (CC-EFI) acquired key assets from Morrison Company, a systems integrator specializing in distribution center design and fulfillment optimization. Engineer Steve Horton joins CC-EFI.

NTN Europe signed an agreement on May 20, 2025, to acquire a 35% stake in LTM, a subsidiary of Mecatech Group specializing in shock absorbers. The investment will expand LTM's industrial capacity for shock absorber production.

Nextalia SGR has signed an agreement to acquire a majority stake in Westrafo, an Italian transformer manufacturer. The Cracco family retains a minority stake. The deal aims to support Westrafo's international expansion and growth.

Nidec India held a groundbreaking ceremony on May 19, 2025 for a new third building at its existing factory in Neemrana, Rajasthan. The company plans to invest approximately 10 billion yen to produce automotive motors including electronic power steering motor power packs, park lock actuators, and electric water pumps.

Nippon Steel has increased its investment commitment for the proposed $14.1 billion acquisition of United States Steel Corp., now offering to build a new steel mill and save existing jobs. The deal awaits President Trump's approval after a new CFIUS review.

Knauf Insulation announced a new rock mineral insulation manufacturing plant in Shotton, North Wales, with an annual capacity over 100,000 tonnes. The circa €200 million investment will create around 140 direct jobs and use submerged arc furnace electric melting technology.

Modine Manufacturing will invest over $38 million expanding its capacity for data-center chillers, creating over 450 jobs.

Figeac Aero has been selected by Safran Aircraft Engines to manufacture a technical part for the M88 engine powering the Rafale fighter. The five-year contract involves precision machining of nickel-based superalloy components, with first deliveries expected by end of 2025.

Ingetrol plans to double the size of its plant in Lurín, Peru, to increase production capacity for mining equipment. The investment amount will be defined in July 2025.

Chinese group Aeolon, through its subsidiary Ailong Technology, is finalizing construction of its first wind turbine blade manufacturing plant outside China in Nador, Morocco. The €220 million investment will have an annual capacity of 750 sets of blades and create 3,300 jobs.

Superior Boiler has secured a new contract to deliver a Shawnee Ds-style watertube boiler and spray tube deaerator for a Gulf Coast utility project. The order is from a returning customer.

Orienta Capital Partners, through its subsidiary LMA, acquired 99% of the share capital of Alfa Meccanica, an Italian leader in high-precision mechanical machining for the aerospace sector. The deal aims to create a group capable of competing internationally.

Rivian selected Infineon to supply traction inverter power modules, microcontrollers and power ICs for its R2 vehicle platform. Supply is expected to start in 2026, using Infineon's HybridPack Drive G2 modules with SiC and Si IGBT variants.

AT&S celebrated the opening of its new Werk 3 in Leoben-Hinterberg, Austria, a 10,000+ m² facility for IC substrate production and R&D. It is the first and only production site for substrates in the Western world.

EDA Industries S.p.A. and ChipTest Engineering Private Limited announced a joint venture to set up a Burn-in and Reliability Test Laboratory in India, targeting SiC and GaN technologies. ChipTest will also act as local agent for EDA's products.

Grupo OCQ, a Brazilian chemical group, formed a joint venture with Thermax Chemical Solutions Private Ltd. to produce and market acrylic resins in India. Thermax will adapt facilities at its Jhagadia site for the first production line, with capacity of 1,000-2,000 tonnes per month.

Barrick Gold Corporation has selected Sandvik Mining and Rock Solutions to supply seven surface drilling rigs for its Porgera gold mine in Papua New Guinea. The order includes four Sandvik DR410i rotary drills and three Leopard DI650i DTH drills, with deliveries from June to November 2025.

OQ Chemicals, following its acquisition by funds managed by Strategic Value Partners and Blantyre Capital, has rebranded as Oxea effective May 19, 2025. The company also launched dedicated heptanoic acid production at its Oberhausen, Germany facility and now supplies high-purity propionaldehyde at its Bay City, US site.

Dell'Orto S.p.a., an Italian automotive components manufacturer, has acquired 53% of Arca Tecnologie s.r.l., an Italian SME specializing in HW, SW and power electronics development for automotive and industrial applications. The acquisition aims to strengthen Dell'Orto's technology portfolio and R&D activities.

Utthunga LLC and Data Gumbo Intelligent Systems announced the launch of UTT-DataGumbo, a joint venture combining Utthunga's industrial engineering team and AI analytics with Data Gumbo's smart-contract workflows and sustainability frameworks. The venture targets energy, manufacturing, and mining sectors.

Schneider Electric will invest over €110 million by 2027 in three French production sites: a new factory in Mâcon for medium-voltage switchboards, an extension in Aubenas for circuit breaker production, and an expansion in Chartres-de-Bretagne for low-voltage switchboards. The investment is expected to create about 150 jobs.

AVK Group has acquired Frese Metal- og Stålstøberi, a foundry in Slagelse, Denmark, with over 75 employees, effective May 15, 2025. The foundry will continue as a subsidiary of AVK Tooling.

Nordic Climate Group has acquired Combikøl, a Danish cooling and heat pump service company with 10 employees, strengthening its presence in northern Jutland. The acquisition adds to Nordic Climate Group's Danish operations, now comprising 13 companies and about 260 employees.

Laterlite S.p.A. announced the acquisition of 100% of Nord Resine S.p.A., a leader in waterproofing solutions, interior resins and industrial flooring, and its subsidiary Sicema S.r.l., which specializes in premixed products. Nord Resine will remain an autonomous company.

Henkel and Sasol announced a strategic partnership to integrate Sasol's SASOLWAX LC product range into Henkel's TECHNOMELT adhesive portfolio for European, Indian, Middle Eastern and African markets, reducing carbon emissions in hot melt adhesives for consumer goods packaging.

Emeco Holdings announced a five-year agreement for its subsidiary Force Equipment to be XCMG Mining Equipment's preferred services provider in Australia, responsible for aftersales services of XCMG-supplied mining equipment to customers including Fortescue. Initial equipment is expected to arrive in Australia mid-2026.

Hyosung Heavy Industries signed an 85 billion won ($60 million) contract with Scottish Power to supply 400-kilovolt ultra-high-voltage transformers for transmitting electricity from wind farms in Scotland to urban centers.

Shandong Junhao High Performance Polymer announced a new project to build production lines for 2,000 tons/year PEEK, 500 tons/year PEK, 3,500 tons/year DFBP, 50 tons/year hollow PI fiber, 500 tons/year PAES, and 10 tons/year PEEK sizing agent in Jining New Materials Industrial Park, with a total investment of 1.2 billion yuan. The project is divided into two phases.