Dongkuk Steel has shipped its new GFRP product, DK Green Bar, to Sunwoo Steel, marking its first official sale. Sunwoo Steel will use the product for expanding flooring at its plant in Cheongna, South Korea.

Victek (Bigtech) has been awarded a ₩31,352,652,540 contract by Hanwha Systems to supply power supply units and other components for the initial mass production of the L-SAM MFR (Multi-Function Radar). The contract runs from April 24, 2025 to January 3, 2028.

Alder-backed Insort GmbH acquired TriVision, a Danish machine vision company for food and pharma inspection, and combined it with U.S.-based Qcify to form a global leader in vision-based food processing solutions.

Tyber Medical, Intech, and Resolve Surgical Technologies have merged into a unified developer, designer and manufacturer of surgical devices for MedTech OEMs, backed by Montagu. The combined entity has approximately 1,500 employees across 12 sites.

ArmorSource has been awarded a contract by the Defense Logistics Agency for 30,000 CREW II ultra-lightweight ballistic helmets for the U.S. Army.

Balmoral Tanks is launching its U.S. operations with a new 16,600-square-foot manufacturing facility in Mentor, Ohio, investing around $2 million. The facility will supply epoxy-coated steel tanks under the efusion brand and is expected to open in summer 2025, employing about 20 people.

Hitachi Energy is building the Hitachi Energy Park production and technology center in Mustasaari, Finland, a $180 million investment that will double transformer production capacity. The facility is expected to be completed in early 2027.

Alear Silk Road New Materials has awarded ANDRITZ an order to supply three complete neXline aXcess spunlace crosslapped lines for producing nonwovens from viscose and cotton for hygiene and medical sectors, set to launch by late 2025.

Duke Energy and GE Vernova announce a partnership for Duke Energy to procure up to 11 GE Vernova 7HA natural gas turbines and associated equipment, in addition to eight previously secured turbines.

Röhm is investing over €800,000 in a state-of-the-art INDEX G320 turn-mill center at its facility. The machine is scheduled to go into series production at the beginning of May 2025.

Dhammika Perera, through his investment company Valible X, acquired a 51% stake in DHT Cement for $8 million and injected an additional $12 million via new shares, totaling $20 million. The plant is located in Ekala, Sri Lanka.

Mission Critical Group (MCG) acquired DVM Manufacturing, LLC (DVM Power + Control), a manufacturer of low- and medium-voltage electrical distribution equipment. The acquisition expands MCG's manufacturing footprint and service capabilities.

MGM Transformers and VanTran Transformers announced the grand opening of a new 430,000-square-foot advanced manufacturing facility in Waco, Texas. The plant is expected to create 700 jobs and unlock over $1 billion in annual transformer production capacity.

Master Components Ltd received a purchase order from Master Nidavellir Aeromed Private Limited for the supply of moulded parts used in childcare products. The order is valued at approximately ₹5 crore for the full financial year.

Neway CNC announced plans to invest approximately 850 million yuan to construct the fifth phase of a high-end intelligent CNC equipment project. The project is expected to be completed and put into production by June 2027.

Industeel Belgium has been awarded a contract by Navantia S.A., S.M.E. to supply E-550 steel plate for the F-110 frigate program (F-113, F-114, F-115). The contract value is 512,335 EUR (excluding VAT), with execution starting on May 23, 2025.

Symmetrica is completing its new factory in Bolintin Vale, Giurgiu County, with an investment of almost 50 million euros. The factory will have four production lines and a daily capacity of 15,000 sq m, increasing total production by 30%. It will become fully operational in summer 2025.

ILPRA S.p.A. and TLM (under Mosaiko Holding S.r.l.) have launched TI WRAP S.r.l., a 50/50 joint venture to develop and deliver horizontal sealing (Flow Pack) technologies for the food, cosmetic, and medical sectors.

Stanley Electric Co., Ltd. and Mitsubishi Electric Mobility Corporation have signed an integration agreement to establish a joint venture company for the electronic and control component business for lamp systems for next-generation vehicles. The JV is scheduled to commence operations in the first half of fiscal year 2025.

Top Run Total Solution Co., Ltd. has won an order for components of LCD cluster displays from LG Electronics Inc. The contract is valid from 2027 to 2033, with expected sales of KRW 14.7 billion.

Impact Coatings has received a letter of intent from FTXT Energy Technology Co., Ltd. for continued delivery of coating services for bipolar plates for fuel cells. Under the agreement, Impact Coatings will provide production capacity from its Coating Service Center in Shanghai for a volume corresponding to at least 4.5 million CNY in revenue during the remainder of 2025.

Toyota Material Handling Manufacturing Italy Spa, part of Toyota Industries Corporation, will build a new logistics hub in Valsamoggia, Bologna, Italy, covering 30,000 square meters. The investment is estimated at EUR 50 million, with completion expected within two years.

German industrial manufacturer Ebm-papst will invest EUR 30 million in a new production facility and R&D center in Oradea, Romania. The new facility will produce smart fans and expand R&D capabilities.

Alpha Plan GmbH, a German manufacturer of production lines for medical disposables, has secured a major order from an Indian medtech manufacturer (a subsidiary of a leading Indian pharma company) for a highly automated production line for medical filters used in dialyzer production.

Estiko Packaging Solutions is launching construction of a new warehouse and modernising its production complex in Tartu, Estonia, with a total investment of €6 million. The warehouse will double pallet positions to nearly 8,500, and a new printing press will increase throughput by 10-15%.

ORBIS Corporation has opened a 660,000-square-foot reusable packaging manufacturing plant in Texas.

Norwalt Automation Group has moved into a new 28,000-square-foot facility in Florida to enhance production and systems integration for various sectors.

Forge Nano has expanded its semiconductor manufacturing operations with a new 2,000-square-foot cleanroom in Denver, Colorado, to support increased production of TEPHRA ALD cluster tools.

Quantinuum plans to establish a new quantum R&D center in New Mexico to advance photonics technologies for trapped ion quantum computing.

Digital Power Optimization (DPO) is investing USD 200 million to build an AI data center in Wisconsin Rapids, supporting up to 20 megawatts of AI computing.

Arcadis has been awarded two major contracts by Sabesp, Brazil's largest water utility, to support upgrades to São Paulo's water and wastewater systems. One contract involves consultancy services using Arcadis' EDA platform, and the other covers expansion of the Barueri Wastewater Treatment Plant.

Aica Kogyo, through its subsidiary Aica Thai Chemical, has signed an agreement to acquire all shares of KUEN BONG TECHNOLOGY (THAILAND) COMPANY LIMITED, a Thai resin company. The acquisition aims to expand Aica Kogyo's phenol resin production capacity by about 2.5 times.

ANDRITZ received an order from Alear Silk Road New Materials to deliver three neXline aXcess spunlace crosslapped lines for nonwovens production in Xinjiang, China. Start-up is scheduled for Q4 2025.

Ayu Life Sciences announced plans to establish a AED 33 million ($9 million) advanced manufacturing facility at Jebel Ali Free Zone in Dubai, focusing on wound care and surgical products. Phase 1 is set to go live by late 2025, with full completion by 2027.

Process Machinery Inc. (PMI) announced a nearly $11.5 million expansion of its operation in Shelby County, Kentucky, adding over 28,000 square feet and creating 30 new jobs. The project is to be completed by the end of 2026.

Duke Energy and GE Vernova announced a partnership for up to 11 7HA gas turbines and associated equipment, in addition to eight previously secured turbines, to meet growing energy demand.

ANDRITZ received an order from Alear Silk Road New Materials to deliver three neXline aXcess spunlace crosslapped lines for nonwovens production in Xinjiang, China. Start-up is scheduled for Q4 2025.

Stater Bros. Markets expanded its multi-year partnership with IFCO to use reusable packaging containers for a wider range of fresh produce. The switch replaces single-use packaging for items such as carrots, corn and tomatoes.

Belgium-based VPK Group is acquiring Open Imballaggi, a family-owned corrugated packaging producer in Calcinate near Bergamo, Italy. The target runs one sheet plant with capacity of 40 million m² of corrugated packaging.

Switzerland's Amcor and Indiana's Berry Global will combine in an all-stock transaction, creating a global leader in consumer and healthcare packaging solutions. The deal was reported on 2025-04-24.

Atlantis-Pak, part of Agrokom Group, plans to build a new modern plant for sausage casings in the Rostov region of Russia over four years, with a 10 billion ruble investment, raising output by 45% to 4-5 billion rubles.

The Spadel Group announced around €40 million of investment at its Spa Monopole plant in Spa, Belgium, between 2025 and 2027, to renovate production lines, add a new line and improve energy and environmental performance.

Huhtamaki acquired Zellwin Farms, a privately owned molded fiber producer of egg cartons and egg flats in Zellwood, Florida, in a transaction with a USD 18 million enterprise value.

Caterpillar announced that Chairman and CEO Jim Umpleby will become Executive Chairman of the Board effective May 1, with COO Joe Creed succeeding as CEO.

Normet has been awarded a contract to supply 35 pieces of underground mobile equipment, including battery-electric vehicles, to South32 for the Hermosa project in Arizona, USA. The contract was executed on April 23, 2025, with deliveries scheduled from 2026 to 2030.

Vallourec has secured a contract with Allseas to supply nearly 18,000 tonnes of subsea seamless premium carbon steel line pipes for the Búzios 10 offshore project, operated by Petrobras. The contract includes an optional scope of almost 5,000 tonnes. Production will be carried out at Vallourec's facility in Jeceaba, Brazil.

Stadler has been awarded a contract worth up to EUR 50 million to supply signalling systems for the expansion of Bergen's Bybanen light rail network. The initial phase covers a 12.7 km extension from Kaigaten to Vågsbotn in Åsane.

2S Water signed an MOU with The EPCM Group to establish a channel partner relationship, with EPCM's Chilean subsidiary Technologies Cobra acting as local representative for 2S Water's AquaValid Analyzer in Chile's mining and resource sectors.

MCE Holdings Berhad secured new contracts through its subsidiaries with JVIS, Perodua, and Proton, with a combined value of approximately MYR 120.67 million for automotive electronics and mechatronic components.

STMicroelectronics acquired Deeplite, a Canadian startup that develops software for running AI applications on chips. The deal terms were not disclosed.