Transnet Port Terminals is taking delivery of over 100 pieces of new cargo handling equipment at Durban Container Terminals in 2025, including 20 Konecranes straddle carriers, 16 Liebherr RTG cranes, 4 STS cranes, 40 terminal tractors and 67 trailers, as part of a R3.4 billion fleet investment.
Censco LLC acquired Mucell Extrusion Technology LLC from Zotefoams PLC, gaining full control over the Mucell Extrusion brand and its microcellular foaming technology for plastics extrusion.
Avangard, a nonwoven fabric and wet wipe producer, plans to open a logistics center in Rostov Oblast by June-July 2025, with a capacity of 10,000 pallets and an investment of 600 million rubles.
Best Value Chem (BVC) unveiled a Rs 550 crore ($60 million) fully automated plant in Dahej, Gujarat, its third manufacturing facility, with an initial capacity of 10,000 metric tonnes per annum and 300 employees.
Anschütz completed a major expansion of its gyrocompass production facility in Kiel, Germany, increasing capacity to over 5,000 compass sensors and gyrospheres per year after more than a year of work.
GE Vernova, NRG Energy, and TIC (a Kiewit subsidiary) formed a venture to develop 5 GW of natural gas combined cycle power plants in Texas, with the first 1.2-GW project expected to start commercial operation in 2029.
Norwegian Greentech, a HAV Group subsidiary, was subcontracted by Eyvi to deliver nine UV- and filter-based water treatment systems for Arctic Seafarm's land-based salmon farming facility at Nesna, North Norway. Deliveries will be made in H2 2025 and early 2026.
ThermoFab opened a new manufacturing facility in Mexicali, Mexico, to support near-shoring initiatives.
TECfusions purchased over 1,300 acres in New Kensington, Pennsylvania, for its Keystone Connect sustainable data center.
Vertical Cold Storage opened a new cold storage facility in Kansas City, Missouri, catering to food and beverage producers.
Celltrion signed a binding MOA with Chungnam Province and Yesan County to invest 300 billion KRW by 2028 to build a new biopharmaceutical production plant in the Naepo Agricultural Life Convergence Industry Cluster in Sapgyo-eup, Yesan County. Land acquisition and infrastructure are targeted for completion by first half of 2027.
Micron Technology announced it will begin mass production of its most advanced 1-gamma DRAM at its Hiroshima plant in 2026. The investment of up to 500 billion yen was previously announced in May 2023, with up to 192 billion yen in subsidies from Japan's METI.
Feintool won a major series order from a leading Chinese manufacturer of fuel cells.
Feintool's new plant in the Pune metropolitan region, India, will start operation at the beginning of 2026, initially producing seat adjuster components.
Feintool is currently expanding its plant in Tokoname, Japan, following a major order for seat adjuster components.
Siemens Energy Global GmbH & Co. KG and SPIE SAG GmbH were awarded a €200.7 million contract by Gesellschaft für Hochspannungsbau Offenbach mbH to build six 110-kV gas-insulated substations in the Offenbach district, Hesse. The contract was awarded on December 3, 2025.
TDF Canada announced the start of construction of a 350,000 sq ft non-woven technical textiles plant in Sorel-Tracy, Quebec. The $190 million investment will create 120 jobs, with commissioning expected by end of 2027.
LABA intends to acquire a 45% stake in PT Gotion Indonesia Materials (GIM). The announcement was made on February 27, 2025.
Company 'Polymer' will invest 1.6 billion rubles to expand polymer film production in Desnogorsk, Smolensk region. Three new production lines will be launched by autumn 2025, increasing daily capacity by 35 tonnes.
SEALSQ Corp has entered exclusive negotiations to acquire 100% of IC'ALPS SAS, an ASIC design specialist based in Grenoble, France. The acquisition is subject to due diligence, definitive agreements, and French regulatory approval.
Transnet's Durban Container Terminals took delivery of R892 million worth of new straddle carriers and rubber-tyred gantry cranes, part of a R3.4 billion fleet investment in 2025. The equipment began arriving in December 2024 and delivery continues until May 2025.
Metso is expanding its Antofagasta service centre in Chile, adding one-third more service area, increased lifting capacity, and new machining equipment. The expansion will be commissioned in the first half of 2025.
Metso has been awarded a three-year repair service exchange contract for Nordberg MP1000 cone crushers and HIGmills at two mining sites in Chile. The contract value is over €16 million ($17 million).
Positron Corporation has entered into an agreement to supply three NeuSight PET-CT 64-slice scanners under its Prime Rental Program to a leading cardiovascular diagnostic practice. The scanners are designed for cardiac PET-CT imaging.
Ingredion announced a $50 million investment to modernize and expand industrial starch production at its Cedar Rapids, Iowa facility for the packaging and papermaking industries.
Modine announced $180 million in orders for Airedale by Modine data center cooling systems from a new customer, a leading AI infrastructure developer. The products will be manufactured in Rockbridge, Virginia and Grenada, Mississippi, with delivery through the first half of 2026.
GE Power India received an expanded contract from GREENKO KA01 IREP for an additional 320 MW unit at the Saundatti pumped storage project in Belagavi, Karnataka. The contract is valued at INR 2,735 million excluding taxes and is due for completion by November 22, 2027.
Nilon Valves announced an expansion of its second unit adding more than 215,000 sq ft of facility space. The move is aimed mainly at export capacity and is expected to triple existing production capacity with robotics and automation.
Shanghai Power Station Valve Works held a groundbreaking ceremony for a 1 billion yuan smart valve factory covering 80 mu and 150,000 square metres. Completion is planned for June 2026, with production starting in October 2026.
Memsift Innovations partnered with Murugappa group to commercially launch the GOSEP ultrafiltration membrane and inaugurated a new membrane production facility on February 26, 2025. The facility has an annual production capacity of 1,200,000 m² of membranes.
Heraeus Medevio completed the Phase III expansion of its Costa Rica site in Cartago, adding 118,400 square feet and 500 jobs with a $35 million investment. The grand opening ceremony was held on February 26, 2025.
Morrissey Assembly Solution Sdn. Bhd. (MASSB), a subsidiary of JHM Consolidation Bhd, has secured a contract from Magna Autosystems Inc to supply parts for a car model in the U.S. Supply is expected to start in Q3 of the financial year ending December 2025.
Shandong Taikai Transformer Co., Ltd. won the bid to supply main transformers for the Zhongdian Juancheng 300MW wind farm project, awarded by China Nuclear Engineering & Construction Corporation. The award was announced on February 26, 2025.
Midea Group announced the completion of its acquisition of ARBONIA climate, a division of ARBONIA AG, for an enterprise value of 760 million euros. The acquired business will be combined with Clivet S.p.A. to form MBT Climate, a new group in the European HVAC industry.
Argonaut Private Equity has acquired Pryer Aerospace, an aerospace manufacturing company based in Tulsa, Oklahoma, for its Fund V portfolio. Pryer Aerospace specializes in complex aerospace structural assembly components for military, commercial, and space programs.
Schwing Bioset, Inc. has entered into a definitive agreement to purchase all shares of Revinu Companies, a biosolids management company based in Winter Haven, Florida. The acquisition will vertically integrate Schwing Bioset's services from equipment design through operation and reuse of biosolids products.
Detroit Manufacturing Systems, Android Industries, and Avancez have entered into an agreement to join together and form a new combined entity, Voltava LLC, unifying their strengths in complex module assembly and sequencing for the automotive industry.
Wize Solutions has acquired York Warehouse Equipment Erectors, a materials handling equipment installation company based in Phoenix, Arizona. The acquisition will help Wize expand into new US markets. Financial details were not disclosed.
Russian enterprise Pretsizionnie Mashiny will establish a machine tool production and part machining section in the Free Economic Zone Minsk near Fanipol, Belarus. The facility will produce CNC lathe and milling machines for metal processing, with operations planned to start in the first quarter of 2025.
MVM Mátra Energia signed a contract with a consortium of Status KPRIA, West Hungária Bau, and Elsewedy Power System Projects to develop a new combined cycle gas turbine block at the Mátra Power Plant in Visonta, Hungary. The project will use advanced technologies and be capable of utilizing green hydrogen.
RRP Electronics has signed a MoU with Deca Technologies to acquire wafer-level chip packaging capabilities. RRP will invest $150 million to integrate Deca's WLCSP and FOWLP technologies, with qualification tests expected by August 2025.
UBE Corporation will expand polyimide hollow fiber production at its Ube Chemical Factory and module assembly at its Sakai Factory in Japan to meet demand for CO2 separation membranes. The expansion will increase capacity by about 1.8 times, with both facilities scheduled to go online in the first half of fiscal 2025.
Astrak Group, a global player in undercarriage parts and wear parts for heavy equipment, acquired West-Trak, a supplier of wear parts for heavy equipment in New Zealand. The acquisition expands Astrak's presence into the southern hemisphere.
Al Yamamah Steel Industries Co. signed a contract with Hyundai Engineering & Construction Company to supply steel towers for a 380 kV ultra-high voltage transmission line project in western Saudi Arabia. The contract is valued at SAR 174.9 million (USD 30 million) and has a one-year duration, with supply starting in September 2025.
JHM Consolidation Bhd's subsidiary Morrissey Assembly Solution Sdn Bhd secured a RM115.22 million contract from Magna Autosystems Inc. to supply parts for a car model in the United States. Supply is expected to commence in Q3 2025 and continue for 2.5 years.
Erasteel acquired a part of the assets of Crucible Industries LLC, an American steelmaker specializing in powder metallurgy, high-speed steels and stainless steels. The acquisition strengthens Erasteel's presence in the United States.
NRG Energy, GE Vernova and Kiewit announced a venture to develop over 5 GW of natural gas combined cycle power plants in ERCOT and PJM markets, with the first 1.2 GW expected online in 2029.
ADF Group Inc. announced a series of new contracts totaling CAD 120 million for fabrication and installation of steel structures in Quebec and the western United States, including a major sports complex renovation.
Score Group Limited has become the largest accredited global distributor of Val-Tex and Sealweld sealant injection products. The agreement covers strategic stocking at key workshops worldwide and includes service support.
Chelyabinsk Tractor Plant DST-Ural signed a special investment contract with the Russian government to produce import-substituting crawler excavators and backhoe loaders. The project is valued at RUB 1.1 billion and will create over 500 jobs.