Festo India has begun supplying customers from its new manufacturing facility in Bairamangalam, Krishnagiri District, Tamil Nadu, from May 5, 2025. The INR 5.2 billion plant is expected to create 2,000 jobs once fully operational.
Greencore has made a recommended acquisition offer for food manufacturer Bakkavor, with Freshfields advising Bakkavor. Deal value and terms are not stated in the article.
Meson Valves India Limited has won an order to supply high-performance critical valves, to be completed in 8 to 12 months, with an estimated value of Rs 12.5 crore.
Accursia Capital GmbH has announced the planned acquisition of Profilator GmbH & Co. KG, a provider of high-precision machining technologies for transmission manufacturing, from DMB Dr. Dieter Murmann Beteiligungsgesellschaft mbH. The acquisition is expected to strengthen Accursia's industrial portfolio and open growth paths in e-mobility and robotics.
Cymat Technologies, a Canadian materials company, has signed a 10-year partnership with France-based Nuvia (a Vinci Group subsidiary) to integrate Cymat's SmartMetal panels into protected infrastructure and nuclear facilities in France, focusing on life extension programmes and environmental threat protection.
Sona BLW Precision Forgings Ltd. (Sona Comstar) announced on April 30, 2025 that it received a new order from an existing North American electric vehicle OEM to supply a rotor-embedded differential sub-assembly and epicyclic geartrain for a new electric passenger vehicle. The order adds INR 15.2 billion.
LG Innotek officially unveiled its fully automated semiconductor substrate plant, the 'Dream Factory', in Gumi, South Korea. The facility began full-scale mass production of FC-BGAs in February 2024 and targets $700 million in FC-BGA sales by 2030.
Rollepaal Pipe Extrusion Technology B.V. has commenced construction of a new manufacturing facility in Ahmedabad, India, aiming to double its existing production capacity. The groundbreaking ceremony took place on April 30, 2025.
Suacero announced a 750 million Mexican peso expansion of its steel operations in Soledad de Graciano Sánchez, San Luis Potosí, Mexico. The project will create 550 jobs and double annual production capacity.
Copeland received a £4.6 million UK government grant to expand heat pump compressor production at its Cookstown factory in County Tyrone, Ireland. The company will add a further multi-million pound investment to increase manufacturing capacity by 240,000 compressors.
Aica Kogyo Company signed a letter of intent to acquire an unknown majority stake in TAKARAINC.CO.Ltd via partial share exchange, expected to close in May 2025.
SSAB plans to invest about $74 million to expand heat treat capacity at its Axis, Alabama plant. The project is expected to start in 2025 and be completed in 2027.
Soteria Flexibles bought Hamilton Plastics Inc., a Tennessee film maker with multi-layer film lines.
CD8 Technology Services LLC signed a letter of intent for a facility to support Tevogen Bio's cell therapy manufacturing, marking the first phase of up to $50 million commitment.
LASO and TAGAR GROUP announced a strategic partnership to offer integrated solutions in the cargo lifting and mobility sector in Portugal.
PBS Group is investing up to $110 million in a new facility in Roswell, Georgia, to produce up to 20,000 jet engines per year for drones and missiles. The first phase of $20 million has started trial production, with full operations expected in September 2025.
PT Dongsung Chemical Indonesia officially opened a chemical plant in Karawang, West Java, with an investment of over Rp1.5 trillion (approx. $95 million). The facility produces polyurethane prepolymer, polyester synthesis, and PU resin, increasing annual capacity to 67,000 tons.
A factory in Lobanovo, Istra district, producing septic tanks and wastewater treatment systems, plans to double its capacity. A new plant in Naro-Fominsk will produce up to 30,000 units per year with an investment of about 100 million rubles, creating at least 100 new jobs.
Colbún S.A., through its subsidiary Colbún Perú S.A., signed a contract to acquire the remaining 41.4% stake in Fenix Power Perú from a subsidiary of ADIA, gaining full ownership of the 572 MW gas-fired power plant in Chilca. The deal is subject to regulatory approval.
Changzhou Max Metal Package signed a contract with a Brazilian partner for easy-open tin can lids worth about $20 million, following the FI South America food processing exhibition.
Frys & Kylservice has been awarded a turnkey contract to supply cooling and heating systems for a new ice cream factory being built by Glassfabriken i Jämtland AB in a former bakery. Production is planned to start in January 2025.
Techo-Bloc will construct a new manufacturing facility in Cayce, South Carolina, to produce pavers, slabs and retaining walls. The $45 million investment is expected to create 46 jobs and begin operations in fall 2026.
Magellan Aerospace signed long-term agreements with Pratt & Whitney Canada for complex machined components, including contract extensions and new manufacturing program awards, to be delivered from its Tumkur, India facility through 2034.
CT Semiconductor held the groundbreaking ceremony for Phase 2 of its ATP chip factory in Binh Duong, Vietnam, with an investment of approximately USD 100 million. The factory is scheduled to commence operations in Q4 2025 and reach 100 million chips per year by 2027.
Uno Minda announced plans to set up a greenfield manufacturing plant for high-voltage EV powertrain products through a joint venture with Suzhou Inovance Automotive, with a total project cost of ₹423 crore. Phase 1 is expected to be operational by Q2 FY27.
Thomas Instrument Inc. was awarded an estimated $18,363,356 firm-fixed-price contract by the Defense Logistics Agency for production of C-5 electro-mechanical actuators, with performance through April 30, 2029.
Sharps Technology received a $400,000 purchase order from a U.S. leader in IV flushing solutions, the first order under a previously announced $50 million supply agreement for 500 million 10mL SoloGard syringes over five years.
Stantec has been selected by the City of Vancouver, Washington, to design a PFAS treatment system at Water Station 4, which will treat up to 12.2 million gallons per day, making it the largest PFAS project in the Northwestern US.
LX Semicon announced mass production of heat dissipation substrates for eco-friendly vehicles at its dedicated plant in Siheung, South Korea, with annual capacity of 250,000 units.
Van Merksteijn Steel Group and Südwest Beteiligungen completed their merger, establishing Reinforcing Steel Europe B.V. as a leading producer and processor of reinforcing steel in Europe.
INEOS and Covestro announced an eight-year agreement for the supply of natural gas starting in 2027, providing feedstock and energy security for Covestro's European operations.
ANDRITZ received an order from Turkish yarn manufacturer Göliplik to deliver a complete Wetlace line for producing nonwovens for flushable wipes, with start-up scheduled for the first half of 2027.
NI Water awarded an £8 million contract to Chemviron for the supply and reactivation of granular activated carbon at 14 water treatment plants across Northern Ireland over five years.
Sonelgaz and General Electric Vernova signed memoranda of understanding in London to facilitate the export of electrical and gas equipment from the GEAT plant in Batna to new international markets, including gas turbines and high/very high voltage power plant equipment. Exports to a Middle Eastern country are planned for Q4 2025.
New Time Group has launched an investment plan of over EUR 25 million to develop building-integrated photovoltaic systems. The plan includes EUR 1 million for Forlì office renovation, EUR 8.3 million for a new specialty glass department in Budrio, and EUR 15.7 million for a new assembly hub in San Lazzaro di Savena, creating 47 new jobs.
Borouge has awarded contracts to upgrade its EU2 ethane cracker (adding 230,000 t/y) and expand its PE4 and PE5 polyethylene units (from 540,000 t/y to 700,000 t/y each). The EU2 upgrade is scheduled for completion by end-2028, and the PE4/PE5 expansion by Q1 2027.
SASA has commissioned a new textile, bottle and PET chips production facility in Adana, Turkey. The plant, built with an investment of USD 230 million, has an annual capacity of 330,000 tons and started commercial production on April 30, 2025.
IPL, a manufacturer of rigid-plastic products, announced it is merging with Schoeller Allibert, a manufacturer of reusable transport packaging, creating a combined company with proforma annual revenue of over US$1.4 billion.
Shanghai Jiaoda Zhibang Technology Co., Ltd. was awarded a contract by Shandong Weida Precision Intelligent Equipment Co., Ltd. for a gantry machining center FMS production line, valued at ¥88.12 million.
Rieter has signed a definitive agreement to acquire Barmag from OC Oerlikon for an upfront equity purchase price of CHF 713 million, creating a global leader in natural and manmade fibers.
Myers Food Machinery was awarded a supplies contract by Hanleys Puddings Ltd for the supply, fit and commissioning of a vacuum filler, valued at €119,863.
Dilo Systems GmbH and Kansan Group signed a strategic partnership agreement to supply custom nonwoven lines, integrating fiber preparation, carding, wetlaid, hydroentanglement, needling, and converting equipment.
Saint-Gobain Joinleader (Hangzhou) New Materials Co., Ltd. has officially become part of the global business system of Saint-Gobain Construction Chemicals (SGCC), focusing on adhesives and sealants.
PBS GROUP has launched jet engine production at a new plant in Roswell, Georgia, USA. The first phase involves an investment of $20 million, with production currently in trial mode and expected to be fully operational in September 2025. A second phase plans to increase capacity to up to 20,000 units annually during 2026-2027 with an additional $90 million investment.
Mitsubishi Chemical Corporation is expanding production capacity for flame-retardant compounds at its plant in Tiffauges, France. The expansion is scheduled to start operation in January 2026.
Mitsubishi Chemical Corporation is expanding production capacity for flame-retardant compounds at its plants in Jiangsu, China and Tiffauges, France. The China expansion is scheduled to start operation in April 2025, and the France expansion in January 2026.
UK Research and Innovation awarded a below-threshold contract to Protective Packaging Ltd to supply foil packaging, worth £19,781.34 excluding VAT, with delivery from 1 to 16 May 2025.
Pump makers Continental Pump Company and Integrity Pump & Motor have partnered to form Kinetiflo Group, a new pump manufacturer serving mining, food and beverage, and wastewater customers across the United States.
Complete Design & Packaging, a corrugated packaging manufacturer, has opened a new 65,000-square-foot warehouse in Concord, N.C., to serve as the primary shipping hub and add overflow capacity.
A Hav Group subsidiary was awarded a contract by Turkish shipyard Tersan Shipyard to act as system integrator for power and automation systems on two vessels being built for an unnamed shipowner. The contract is valued at about EUR 8.5 million, with delivery during 2026.