Foamit Group invested in expanding and electrifying its Onsøy factory in Norway and developing its Forssa factory in Finland in 2024 to increase production capacity and reduce carbon footprint. The investments are part of a strategic period 2025-2028 targeting European markets.

ITM Filters is expanding its factory in Monzón, Spain, with a €5 million investment to double production capacity and increase workforce to 85 employees. The expansion is expected to be completed in the second half of 2025.

The owners of Pegas Nonwovens, a major Czech producer of nonwoven textiles, are seeking a merger with a competitor. The company is for sale as of March 24, 2025.

The Arcticom Group (TAG) acquired TDH Refrigeration, a provider of refrigeration and HVAC services, to expand its presence in Buffalo and Western New York. The acquisition was announced on March 24, 2025.

Kingsley Engineering Service Corporation was awarded a contract to design, supply, install and commission a Membrane Bioreactor sewage treatment plant for Cotton Club (BD) Ltd. in Gazipur, Bangladesh. The plant will treat 276 cubic meters of sewage daily for 6,000 people.

Riekes Equipment doubled the size of its Sioux City, Iowa, facilities to support growing operations. The expansion provides more space for the team, expanded shop capacity, and a broader selection of used and rental equipment.

Samsung E&A secured a 518.6 billion-won ($354.2 million) contract to build a biopharmaceutical raw material production and research facility in Songdo, Incheon, for Sartorius AG. The plant will manufacture single-use bioprocessing bags and pharmaceutical membrane filters. Completion is scheduled for 2027.

Weidmann Electrical Technology is constructing a new 38,000 m² transformerboard production facility in China. Construction is set to begin soon, with completion expected in the second half of 2026. Total capacity investments initiated in the last 12 months exceed $220 million.

The U.S. Department of Defense awarded T&T Materials Inc. a $170,485 contract to supply aluminum 5083-H116/H128 plate for the Watervliet Arsenal in New York. The material is for cathode side arm clamps for 120mm and 155mm chrome plating.

Hyundai Steel Company (HSC) selected Ascension Parish, Louisiana for its first North American steel manufacturing facility, a $5.8 billion investment. The mill is expected to create 1,400 direct jobs and 4,100 indirect jobs (total 5,500), produce 2.7 million metric tons of steel annually, and begin construction in Q3 2026.

Alcon announced a definitive merger agreement to acquire LENSAR, Inc. for $14.00 per share in cash (approx. $356 million), plus a contingent value right of up to $2.75 per share, for total potential consideration of up to $430 million. The acquisition includes the ALLY Robotic Cataract Laser Treatment System.

Palfinger Marine has been selected to supply 100 PF120-4.0m platform cranes for the Bałtyk 2 and 3 offshore wind farms in Poland, developed by Equinor and POLENERGIA. The contract is with Palfinger's contracting partner Smulders.

Hao Yong Automotive Controls Ltd. announced a new automotive actuator production base in India by 2026, with a $500 million investment, 9,000 sqm facility, and initial annual capacity of 2 million sets. The plant will focus on NEVs and smart driving, creating 100 local jobs.

ORAFOL Group announced a €100 million investment plan for 2025-2027 at its Oranienburg headquarters, including a new production area (Hall 14) and increased automation. The investment was increased by €40 million following a meeting with Brandenburg's economic minister.

Procemex, part of ANDRITZ Group, will supply a web inspection system to Billerud's Gävle mill. The system is planned for installation in Q3 2025 and will enhance reliability and efficiency for liquid board packaging production.

Fine M Tech has signed a supply contract for industrial energy storage system (ESS) battery components with a leading domestic secondary battery conglomerate for the North American region. The contract amount is undisclosed but estimated in the high 100 billion KRW range. Full-scale production will begin from the VINA CNS 3 plant in Vietnam in the second half of 2025.

Graphic Packaging International signed an agreement with co-packer JJM Packaging to make its Boardio paperboard canister available to brands across the U.S. and Canada for nutrition powders, sweeteners, beverage mixes and cereals.

SFT Group estimates total investment in its Adygea projects through 2030 at 30 billion rubles, including a high-tech paper machine to be launched by 2028 with capacity of 250-270 thousand tonnes of board per year and site capacity rising to 350 million sq m.

SFT Group plans to start new production lines at its second corrugated packaging plant Kartonstara-2 in Maikop, Adygea, in May 2025, with annual capacity of up to 150 million square meters.

DS Smith signed a £108 million, five-year contract to extend its fibre-based packaging supply to Jaguar Land Rover, including a just-in-time on-site service at JLR's Mercia Park plant in Appleby Magna, UK.

Equinor has given TechnipFMC a large integrated EPCI contract for the Johan Sverdrup Phase 3 development in the Norwegian North Sea, covering subsea production systems, umbilicals and rigid pipe, valued at $500 million to $1 billion.

Fiber cement specialist James Hardie is acquiring Azek in a deal valued at $8.75 billion. Azek is a manufacturer of building products including decking and railing.

BCU Electric, an Ashland-based electrical contracting company, was acquired by Meptagon Group, a global designer and builder of industrial facilities, through its U.S. subsidiary Meptagon USA. The acquisition price was not disclosed.

Ovivo, a global water treatment solutions provider, announced plans to open a design center in Kaunas, Lithuania, scheduled to open in April 2025, focusing on piping and plant design for ultrapure water and wastewater treatment systems.

Dajin Heavy Industry's subsidiary Penglai Dajin Marine Heavy Industry signed a contract with a European energy company to manufacture, supply and transport ultra-large monopile foundations for an offshore wind farm, with a total contract value of approximately $135 million.

James Hardie Industries plc announced a definitive agreement to acquire The AZEK Company Inc. for a combination of cash and stock valued at $8.75 billion, including AZEK's net debt of approximately $386 million.

Lutosa, owned by McCain, is investing €225 million to modernize and expand its frozen french fry facility in Waregem, West Flanders, doubling production capacity from 145,000 to 335,000 tons annually and creating 100 new jobs.

Chongqing Gearbox Co., Ltd. awarded a contract to Chengdu Xingjianzhong Electromechanical Equipment Co., Ltd. for the supply of a φ600mm five-axis machining center, with a winning bid of 7,385,000 yuan.

Oji India Packaging, a subsidiary of Oji Group, inaugurated its fifth Indian plant at Sri City, Andhra Pradesh, producing corrugated boxes and packaging accessories with an initial workforce of 130 expanding to 300.

Cimaf Gabon signed an investment agreement of 25 billion FCFA to construct a third cement production line at Owendo, Gabon. The new line will add 1,000,000 tonnes per year capacity, bringing total capacity to 1,850,000 tonnes, and is expected to start production in September 2026.

Hyundai Heavy Industries Power Systems (HPS) and joint venture partner Bingyun Group completed a new boiler and HRSG plant in Penglai, Yantai, China. The plant covers 97,236 m², with an investment of about 300 million yuan (approx. 58 billion won), and will produce HRSG, industrial boilers, and CFBC boilers.

Dongfang Cable announced it won bids totaling approximately 2.146 billion yuan for several sea and land cable projects, including framework tenders from China Southern Power Grid and EPC projects for submarine cables from CGN and Three Gorges.

EWE has commissioned NEUMAN & ESSER to supply two compressors for the conversion of a natural gas cavern to hydrogen storage at Huntorf in the Wesermarsch, Germany. The hydrogen storage is planned to start operation in 2027.

The U.S. Navy awarded a $590 million modification to Bell Boeing Joint Program Office for production and delivery of five CMV-22B aircraft. Work will be performed at multiple locations and is expected to be completed by January 2028.

Xenon arc, a technology-enabled channel-to-market company, acquired JNS SmithChem, a specialty chemical distributor serving the coatings, adhesives, sealants, and elastomers industries in the Eastern and Southeastern United States.

Moroccan dialysis company Primedic signed a three-year contract with South Korean manufacturer Sinophex to import Synoflux dialysis filters. The initial deal is worth $218 million, with an option for two more years bringing the total to $386 million.

Hydro announced plans to invest in a new wire rod casthouse at its Karmøy aluminium smelter in Norway, with a production capacity of 110,000 tonnes per year. The facility is scheduled to begin operations in early 2028, pending a final build decision by Q4 2025.

Bull Machines plans to invest ₹120 crore in FY 2025-26 to double its annual production capacity to 9,000 backhoe loaders from 4,500. The company also launched the SuperSmart BS5-compliant backhoe loader.

Kobelco Construction Equipment India plans to set up a new R&D centre at its Sri City factory in Andhra Pradesh, India. The investment amount was not disclosed.

Magotteaux, controlled by Sigdo Koppers, will invest about R$ 100 million over 14 months to expand its factory in Contagem, Brazil. The expansion will increase production capacity by about 70% to 110,000 tonnes per year and create 40 direct jobs.

EP Produzione inaugurated a new 800 MW combined-cycle unit at its Tavazzano e Montanaso power plant in Lodi, Italy. The unit uses an Ansaldo Energia GT36 H-class hydrogen-ready gas turbine, with a total investment of around EUR 400 million.

BOSS paints and BellyColor announced a merger to strengthen their position in Wallonia and achieve further growth.

Northern Ireland Water Limited awarded a framework agreement worth £17.98 million for the supply, maintenance, and repair of screening and conditioning equipment to Hydro International Group Ltd, Jacopa Limited, Rotamat Limited, and Saveco Environmental Limited.

RadiciGroup High Performance Polymers inaugurated a new production site in Brazil, with 17,000 square metres of surface area and about 15% increase in production capacity, to serve automotive, electrical and electronics, and consumer and industrial goods markets.

Rotterdam Shortsea Terminals (RST) placed an order with Jiangsu Rainbow Industrial Equipment Co., Ltd (RIC) for two STS cranes and one cantilever rail-mounted gantry (RMG) crane, to be installed at RST's terminal in Waal-Eemhaven, Rotterdam.

Hebi Tianhong Steel Structure Co., Ltd. (Tianhong Steel Structure) won a bid to supply core equipment for the RKEF Phase II project of China Liuye's Indonesia OBI nickel-iron project.

BYD's key NEV components project in Dongguan, invested by Dongguan FinDreams Power Co., Ltd., is nearing completion. The project, with a total investment of approximately 6.5 billion yuan, is expected to reach full production by 2025, producing electric powertrains, drive motors, controllers, and high-voltage harnesses.

Cemex announced plans for a new plant in Swindon, Wiltshire, England, dedicated to producing lower-carbon dry mortar and sprayed concrete. The facility is expected to open in the second half of 2025.

REDstack and Membrion announced an agreement to explore integrating Membrion's ceramic ion exchange membranes into REDstack's electro-membrane stacks.

Chance Aluminum Corp. purchased approximately 200 acres of county-owned land in Brady Township, Pennsylvania for $2.5 million to build a new aluminum foil manufacturing facility. The plant is expected to create 300 to 400 new jobs.