Linhardt, the aluminium can and tube manufacturer, expanded its plant in Viechtach, Germany, by adding two new aluminium tube production lines.
ITP Aero inaugurated its new ADMIRE advanced manufacturing centre in the Basque Country, Spain, with an investment of €24 million. The centre will research new materials, develop high-complexity components, and enhance repairs, employing over 150 professionals.
Leonardo UK Ltd has been awarded a contract by the UK Ministry of Defence's Defence Equipment and Support to deliver approximately 11,000 consumable aircraft spares. The contract is valued at £63,882,851 and runs for 3 years starting 1 April 2026, with possible extensions to 2033.
Aptean announced the signing of a definitive agreement to purchase Germanedge, a provider of industrial software for manufacturers, from Alpina Partners and private shareholders. The transaction is subject to regulatory approvals.
Demetra Holding has acquired a 51% stake in Swiss company GetSet Surgical to expand its offerings within the spine sector. The collaboration will integrate Demetra's technologies with GetSet's sterile spine procedure kits.
Syensqo secured a $178 million grant from the US Department of Energy to assist in building a battery-grade PVDF production facility in Augusta, Georgia.
Johnson Controls Arabia secured a $90 million contract to supply and install over 11,000 YORK VRF units in Egypt's New Administrative Capital. The total project is valued at over $180 million, covering 138 buildings with 140,000 tons of cooling capacity.
Sikorsky Aircraft Corp. was awarded a $232.5 million contract modification to procure long-lead materials for Lot 10 of the CH-53K aircraft for the U.S. Marine Corps. Work will be performed in Stratford, Connecticut, and is expected to be completed by March 2026.
Polimer (Desnogorsk) is investing over 1.6 billion rubles to increase daily production by 35 tons (12,800 tons per year) by launching three new extrusion lines by autumn 2025, creating 120 new jobs.
Flegg Projects and Forklift Exchange announced a partnership to distribute and service high-capacity extendable forklifts in the UK, reducing lead times and providing servicing and repairs.
Jiangsu Nuo Lai Smart Water Equipment Co., Ltd. started construction of a 500 million yuan smart water equipment R&D and manufacturing project in Tongzhou Bay, Nantong. The plant will produce 2,500 water purification units, 3,000 membrane separation units, 10,000 control modules, and 6,000 dosing modules annually, with an expected annual output value of 700 million yuan.
Anglo Belgian Corporation (ABC) began expanding two production halls in Ghent, Belgium, to support growth and innovation. The structural work is expected to be completed before summer 2025, with full operations by end of 2025.
Saray Döküm announced an $85 million investment to build an aluminum foil production facility with 25,000 tons capacity, expected to become operational in 2025, enabling both extrusion profile and flat product manufacturing.
Daewoo Engineering & Construction has signed a contract with the Gaepo Jugong 5-danji redevelopment association to build 14 buildings with 1,279 apartment units in Gaepo-dong, Gangnam-gu, Seoul, for KRW 697 billion.
Kormotech has begun construction of a second plant in Lithuania, investing over €60 million, with €40 million allocated by the EBRD. The expansion will create over 200 new jobs.
Toyota Boshoku Device India Private Limited plans to set up a second manufacturing plant at IMT Bawal in Rewari, Haryana, with a capital investment of ₹434 crore and employment potential of 1,500 persons. HSIIDC has decided to allot 21 acres for the facility.
Paques, a global leader in biological treatment technologies for wastewater and exhaust gas, announced the official opening of its new factory in Changzhou, China. The 8,400-square-meter plant will produce core equipment for wastewater and gas treatment projects and support R&D.
Siemens Energy and Rolls-Royce SMR entered a partnership agreement for Siemens Energy to be the exclusive supplier of steam turbines, generators, and auxiliary systems for Rolls-Royce's planned small modular reactors. A final contract is expected by end of 2025.
South Korean conglomerate HS Hoysung Advance Materials signed an MoU with the Maharashtra state government to invest Rs1,740 crore in a greenfield polymer fabric plant at the Butibori industrial estate in Nagpur, India. The plant will produce fabric for tyre reinforcement and employ 400 people.
TGE Marine, with compressor supplier Köhler & Hörter, developed a tailor-made fuel gas supply system for four 7,000-car PCTC vessels being built by China Merchants Jingling Shipyard for Reederei F. Laeisz. The factory acceptance test was completed in November 2024 and delivery is planned for 2025-2026.
MM Group sold its packaging subsidiary MM Bangor to Cordovan Capital, with MP Corporate Finance as exclusive financial advisor to the seller. MM Bangor had been acquired by MM Group in October 2022 as part of Essentra Packaging.
Krones has started building a new manufacturing plant worth Rs 315 crore in Vemagal, Kolar district, Karnataka, to increase its capacity for bottling machines. The plant is expected to create 550 jobs.
Trident Maritime Systems Canada won contracts worth about $8 million from Irving Shipbuilding to design two marine filtration systems for the Royal Canadian Navy's River-class destroyer project.
SFT Group is building the Kartontara 2 corrugated board plant in Adygea, with an investment of 2.8 billion rubles and design capacity of up to 130 million square meters per year. Test launch starts March 1 and production is expected to begin in April 2025.
Scruggs Company and Neil Technical Services, a Rox Capital Partners portfolio company, acquired Mid America Valve, a Kansas-based distributor of valves and fittings for the water and wastewater industry. Mid America Valve will continue operating under its established name.
Sure Mechanical Group, a minority-owned firm based in South Cumminsville, has acquired Cincinnati Air Condition Co., a nearly 90-year-old Cincinnati company. Terms were not disclosed.
NAES Corp. and Gecko Robotics announced a strategic partnership and multi-year agreement worth over $100 million to modernize U.S. power plants using robots and AI, with an option to grow beyond $250 million.
A new 8-inch silicon carbide device manufacturing facility, established by Sanan Optoelectronics and STMicroelectronics, commenced operations in Chongqing, China. The project has a total investment of about 23 billion yuan ($3.2 billion) and is expected to achieve mass production in Q4 2025.
A consortium led by Kernex Microsystems (India) has received a letter of acceptance from South Eastern Railway for a Rs 325.33-crore contract to supply, install, test, and commission the Kavach train collision avoidance system across 688 RKM in the Kharagpur and Chakradharpur divisions.
Eastman held a groundbreaking ceremony for an expansion of its Ghent production site, adding extrusion capacity for specialty interlayers used in safety glass and automotive applications. The investment is tens of millions of dollars and is expected to create about 50 jobs.
TE Connectivity held a ribbon-cutting ceremony on February 27, 2025, to open its expanded site in Waiblingen, Germany. The expansion doubled production capacity with a second automated line and increased the hub's size from 1,800 to 5,000 square meters.
Identiv and Novanta announced a strategic business development and marketing partnership to streamline adoption of RFID-enabled solutions for medical device and pharmaceutical manufacturers, combining Identiv's RFID inlays with Novanta's ThingMagic reader modules.
Trive Capital, a Dallas-based private equity firm, announced an investment in Independent Forgings and Alloys (IFA), a UK-based integrated manufacturer of complex forgings for aerospace and defense. IFA CEO Andy McGuinness will continue leading the company.
Tulmar Safety Systems secured a multi-year, $24 million contract to supply 8,000 Galeo tactical life preservers to the Royal British Navy. The company is ramping up production at its Hawkesbury facility and increasing its workforce to meet the order.
Integrated Power Services (IPS) acquired Switchgear Solutions, Inc. in Tucson, Arizona, and certain assets from ABB's Industrial Service Business in September 2024, expanding its network to 92 locations across North America, the UK, Europe, and the Caribbean.
Economic Alternatives, Inc. (EAI) acquired Western Water, an industrial water treatment company based in Aptos, California. The acquisition expands EAI's personalized water treatment services into Northern California.
Barrick Gold's board conditionally approved Phase 1 of the Reko Diq copper-gold project in Pakistan, with an estimated capital cost of $5.6-$6.0 billion. Early works construction began in Q1 2025, with first production anticipated by end of 2028. The primary mining fleet will include Komatsu equipment.
Teleflex agreed to buy substantially all of Biotronik's vascular intervention catalog for about €760 million ($791 million), including drug-coated balloons, stents, and the PK Papyrus rescue stent. The deal is expected to close by the end of Q3 2025.
GE Aerospace announced an engine supply deal worth over $400 million with All Nippon Airways (ANA) for GE9X and GEnx engines, supporting 40 Boeing 767-300s and next-gen aircraft. The deal includes digital fuel management systems and long-term maintenance contracts.
Schaltbau GmbH is building the NExT Factory, a state-of-the-art, fully automated and CO2-free factory on 22,000 m² in Velden, Bavaria, Germany. Production is scheduled to start in October 2022, with five times the production capacity of the previous facility.
voestalpine Roll Forming Corporation is expanding its Jeffersonville, Indiana facility with a $78 million investment, adding over 161,000 square feet of production space and doubling capacity to 80,000 tons. The expansion follows long-term agreements with two global truck manufacturers and will create 110 new jobs, with production starting in 2026.
Modine announced $180 million in orders for Airedale by Modine data center cooling systems from a new AI infrastructure developer customer. The products will be manufactured in Rockbridge, Virginia, and Grenada, Mississippi, with delivery expected throughout 2025 and the first half of 2026.
Progressive Planet Solutions is investing less than $500,000 CAD in a new robotics system for its plant in Kamloops, BC, Canada. The system, expected to be delivered in September 2025, will be integrated into two largest production lines to modernize packaging operations.
AAON purchased a new 787,000 square foot building in Memphis, Tennessee to meet demand for HVAC solutions.
AAON completed a 245,000 square foot addition at its Longview, Texas location to increase production capacity for HVAC solutions.
Amplio Private Equity has acquired Edekyl & Värme, a Swedish heating solutions company.
Industrial House for Building Materials signed a contract with the General Authority of the Suez Canal Economic Zone to build a new factory in Sinai's Technology Valley, Egypt. The $12 million plant will produce 4 million m²/yr of gypsum wallboard, 900,000 t/yr of plaster, and 60 million bags annually.
Egypt's Prime Minister inaugurated expansions at C-Board's (formerly Sinopate) building materials complex in Sokhna, including a new cement board plant ($25M, 60,000 m²) and a gypsum board plant ($15M, 10,000 m²), bringing total investment to $100M.
BRUSH Group signed an exclusive partnership agreement with ILJIN Electric to supply medium and high voltage switchgear and high-capacity transformers in the UK, with BRUSH setting up a new switchgear production line in Blackwood, South Wales.
Konecranes received an order to supply an X-series crane to Peikko's new production facility in Bila Tserkva, Ukraine, with installation scheduled for early to mid-April 2025.