Sapien Semiconductor has revised a joint development and supply contract for display driver chips with a US big tech company based in California. The contract size increased from 4.8 billion KRW to 9.5 billion KRW, and the end date was extended to May 27, 2026.

VA Tech Wabag has secured an order worth Rs 340 crore from GAIL (India) to design, build, and operate water treatment and effluent recycling plants at GAIL's petrochemical complex in Pata, Uttar Pradesh. The EPC work is to be completed in 24 months.

Etex has officially opened a €200 million expansion of its plasterboard production facility in Bristol, UK, its largest production investment ever. The new line produces plasterboard for the Siniat brand and is the company's most efficient line in Europe.

Jungheinrich and Movu Robotics have entered a strategic partnership where Jungheinrich becomes the preferred integrator for Movu shuttle systems and Movu becomes Jungheinrich's preferred shuttle-system supplier.

Çokyaşar Tel, a 51%-owned subsidiary of Özyaşar Tel ve Galvanizleme Sanayi A.Ş., will invest approximately €2 million to build a new galvanizing line in the Adana Organized Industrial Zone, Turkey. The line will have an annual capacity of 51,000 mt, doubling the company's total capacity to about 100,000 mt.

Sino King Refrigeration Co., Ltd. is building a low-carbon environmentally friendly HVAC production base and R&D center in Dongyang, Zhejiang, China. The project covers 129,606 m², with a fixed investment of CNY 820 million, and will produce 160,000 refrigeration units annually.

VEMAG Maschinenbau GmbH held a groundbreaking ceremony for a new 4,600 m² production hall in Verden (Aller), Germany. The facility will produce feed screws and infeed screws for vacuum filling machines and represents an investment in expanding capacity.

Valmet Automation Oy was awarded a €4,447,240 contract by ESE-Energia Oy for the renewal of the main automation system (DCS) at the Pursiala Power Plant in Finland, replacing the existing Siemens PCS7 system. The contract includes design, supply, installation, and five years of maintenance.

Mitsubishi Electric Corporation signed a technical license agreement with Asia General Transformer Co., Ltd. (AGT) for design and supervisory technical support for production of 100 MVA 230/66 kV oil-immersed core-form transformers.

Mitsubishi Electric Corporation announced that Mitsubishi Electric Asia (Thailand) Co., Ltd. has begun conducting domestic sales in Thailand.

UAE's Federal Electricity and Water Authority (FEWA) signed a contract worth $94 million with Mitsubishi Electric for the installation of 132/33/11 kV substations in the Northern Emirates.

Mitsubishi Electric Corporation announced the acquisition of ASTES4 SA, a Switzerland-based company engaged in development, production and sales of sheet metal laser processing machines.

Mitsubishi Electric plans to sell its factory in Memphis and lay off 160 workers.

Mitsubishi Electric Corporation contracted the acquisition of Scibreak AB, a Swedish-based company that develops DCCBs.

National Grid awarded two parts of a $76 HVDC supply chain framework to deliver required works and equipment. The article does not specify which companies received the awards.

KSB GIW won contracts to supply slurry pumps for Highland Valley Copper's Mine Life Extension project in Kamloops, British Columbia, including mill discharge, SAG underflow, tailings and froth pumps.

MVM Paksi Atomerőmű awarded Bopp&Reuther Valves GmbH a €6,083,000 contract to supply 133 spare parts and 10 kits for SULZER PTR valve groups, all safety class 1.

Shengxing Co. plans to set up a wholly owned subsidiary in Vietnam to build a two-piece can production line with total investment of about $55.38 million. It would be the company's second overseas can factory after Cambodia.

Nanjing Purong CNC Equipment Co., Ltd., a subsidiary of Nanjing Gongda CNC Technology, held a groundbreaking ceremony for a high-end industrial machine tool and smart manufacturing equipment R&D and production base in Pukou District, Nanjing. The project involves a total investment of 500 million yuan (approx. $69 million), covering 49.7 mu (3.3 hectares), with plans to produce large CNC gear grinding machines.

Vereinigte Filzfabriken AG (VFG) is investing millions of euros in expanding machinery and equipment at its Gerschweiler location, including relocating production capacity from Italy. The majority of measures are expected to be completed by the end of 2024.

Saudi Electricity Company (SEC) signed a USD 610.7 million contract with Doosan Enerbility to develop the PP12 combined cycle power plant, located 150 km northwest of Riyadh, with a capacity of 1.8 GW. Doosan is partnering with SEPCO3 for the project.

Aohong Electronics (Thailand) Co., Ltd. held a groundbreaking ceremony for its first overseas PCB production facility in Jinchi Industrial Park, Prachinburi Province, Thailand. The investment will not exceed RMB 600 million, with mass production expected in 2026 and annual capacity of 1.2 million square meters of double-sided and multilayer PCBs.

Guangdong Kanglibang New Materials Co., Ltd. held a launching ceremony for a silicone and resin project in Xinhui District, Jiangmen City. The project covers nearly 40,000 square meters and will produce 40,000 tons per year of high-performance new materials, expected to be operational in 2026.

Blue Ocean New Materials (Tongzhou Bay) Co., Ltd. held a groundbreaking ceremony on March 15, 2025, for its high-end polyolefins new materials project in Tongzhou Bay, Jiangsu, with a total investment of 11.626 billion yuan. The project includes a 200,000 t/a FDPE unit, two 25,000 t/a EPDM units, a 100,000 t/a POE unit, and a 100,000 t/a 1-hexene/1-octene unit, with a 24-month construction period.

Dalmia Bharat announced the commencement of commercial production at its expanded cement grinding facility in Lanka, Hojai district, Assam, adding 2.4 MTPA capacity with an investment of Rs 6.96 billion.

Egyptian Prime Minister Mostafa Madbouly inaugurated the expansion of Kandil Steel's factory in 10th of Ramadan City. The company has an annual production capacity of 900,000 tonnes of flat steel products.

SFC Environmental Technologies Ltd. has been awarded the technology order for a 424 MLD Sequencing Batch Reactor-based sewage treatment plant at Pirana, Ahmedabad, being developed by Larsen & Toubro.

Region Uppsala awarded Medtronic Aktiebolag a contract for heart-lung machine materials (OMTAG) valued at 10,000,000 SEK. The contract was awarded on March 14, 2025 and runs until February 28, 2027.

The U.S. Army awarded a $230 million, 5-year production contract to Sun Test Systems, Inc. for the Aviation Ground Power Unit (AGPU) 1.1, with an initial delivery order of 20 systems, to support Army and foreign military sales requirements into 2030.

ArcelorMittal Brasil inaugurated a new wire drawing line at its Sabará unit in Minas Gerais, with an investment of R$ 144 million, increasing capacity by 35% for automotive and industrial products.

Köksan Group signed a cooperation agreement with Oerlikon Barmag Huitong Engineering for a 400,000 tons per year Continuous Polycondensation plant in Yangkou Chemical Industrial Park, Nantong, China. The investment is a high triple-digit million Chinese Yuan amount, with production scheduled to start in mid-2026.

GE Aerospace secured a contract from the U.S. Air Force valued up to $5 billion for F110-GE-129 engines, supporting foreign military sales for F-15 and F-16 fighter aircraft.

AJG Aerospace is establishing a 120,000-square-foot factory and headquarters at 5600 Bow Pointe Dr. in northern Oakland County, Michigan, with a $34 million investment.

ANDRITZ has supplied and commissioned a reXline tearing system for Buitex in Cours, France. The line increases recycling capacity by 2.5 tons of fiber per hour for sustainable insulation production.

Theegarten-Pactec introduced its new BHS high-speed packaging machinery line for bouillon cubes, capable of up to 3,000 products per minute, expanding beyond its core confectionery sector.

Wabash Valley Power Alliance and Hoosier Energy finalized the joint purchase of the 720-megawatt St. Joseph Energy Center, a combined cycle natural gas plant in New Carlisle, Indiana. Each will take a 50% stake.

COROOS, together with partner Gpi De Gouwe, realized a new process line for packing legumes at its Kapelle facility in six months. Gpi supplied a process system including a cooking kettle, steam line, valves, and pumps.

Wensli announced it will acquire the remaining 49% equity of its subsidiary Hangzhou Boyang New Materials Technology Co., Ltd. for 12.25 million yuan, increasing its ownership to 100%.

Kraken Robotics signed a definitive agreement to acquire 3D at Depth, a US subsea technology company, for $17 million in cash. The transaction is expected to close by April 1, 2025.

KJTS Group Berhad and Stonepeak formed a joint venture to develop and invest in district cooling facilities in Malaysia, with aggregate commitments of up to MYR 1.5 billion (USD ~340 million).

BiJet will start construction of a new 13,000 sq m production and warehouse complex in Q1 2026, investing about 70 million rubles and creating at least 200 jobs. After expansion, the company will produce up to 60,000 aircraft and helicopter parts annually.

United Engine Corporation (part of Rostec) will manufacture three GTD-110M gas turbines for the modernization of the Novocherkassk Power Plant.

Taihan Cable & Solution signed a framework agreement with National Grid to supply HVDC cable systems for UK power grid projects. The total project volume is estimated at £59 billion, with Taihan securing opportunities worth about £21.3 billion.

The Mewa Group, a textile service provider, acquired Bocholter Weberei-Vorwerk Siemen GmbH & Co. KG, a specialist in yarn finishing with production facilities in Germany. Siemen will largely continue to operate in its current form.

The U.S. Army awarded a $416,011,975 firm-fixed-price contract to Leading Technology Composites and Hardwire for the Vital Torso Protection program Lares Small Arms Protective Inserts. The contract has an estimated completion date of March 13, 2032.

Hanwha Semitech successfully passed SK Hynix's final quality test and signed a purchase contract for its HBM TC bonder (SFM5-Expert). This is the first time Hanwha Semitech will supply an HBM TC bonder to a customer, and it joins the NVIDIA supply chain.

Swedish heat pump manufacturer Qvantum acquired Electrolux's former refrigerator factory to produce heat pumps using white goods production techniques. The factory will enable high-volume heat pump production.

Phillips Corporation was awarded a $4,845,673.53 firm-fixed-price contract by the General Services Administration to supply machining centers and engine lathes for the U.S. Air Force Life Cycle Material Command, with work in Hanover, Maryland.

Broadcom has secured orders for Google's upcoming TPU v7 series, expected to launch in 2026. Google is also partnering with MediaTek for a different TPU model. The report was published on March 14, 2025.

ANDRITZ has sold its stake in OTORIO to Armis, which now holds full ownership. ANDRITZ also entered a strategic partnership with Armis to enhance its digital customer solutions. The announcement was made on March 14, 2025.