BASF India Limited has broken ground on a new plant to increase production capacity of its Cellasto microcellular polyurethane in Dahej, India. The plant is expected to be operational in the second half of 2026 and features a new mold line in its first stage.

Boels Rental has placed an order for 700 new machines from JCB, valued at €78 million, including excavators, wheel loaders, telehandlers, and electric scissor lifts and dumpers. The machines are expected to be delivered in the coming months.

Noul has signed a $4.7 million contract to supply its AI-powered malaria diagnostic solution miLab MAL to the Republic of Benin over three years, with a minimum of 219 units to be delivered through an exclusive local distributor.

Teaminvest Private Group's subsidiary Automation Group Investments has acquired a 50% interest in Brodersen Systems Asia Pacific, the local importing subsidiary of Danish automation solutions provider Brodersen A/S. The deal includes an upfront payment of $0.4 million and deferred consideration of up to $0.2 million.

GE Power India Limited has received work orders worth Rs 403.38 million from NTPC Limited for steam turbine parts at the Talcher site and from M.P. Power Generating Company Limited for boiler panel services.

ArcelorMittal plans to increase steel production capacity in Spain by 700,000 tonnes: 500,000 tonnes at its Sestao plant (to 1.6 million tonnes/year by 2026) and 200,000 tonnes at its Gijón plant (to 1.1 million tonnes/year via electric arc furnace conversion). The Gijón conversion is expected to be operational in the first quarter of 2026.

Siemens Energy has started engineering work for a $149.9 million expansion of its manufacturing plant for steam gas turbines and generators in Charlotte, North Carolina. The company is more than doubling the facility's size and renovating existing space to increase production of large transformers.

Zoomlion Access has signed a 10-year lease with CTP to establish a new aerial lift production centre in Tatabánya, Hungary. The company will invest €100 million in the 35,000 square metre facility to produce scissor and boom lifts.

TECHNONICOL will invest 4 billion rubles in 2025 in its glass wool insulation production plant in Serpukhov, Russia, including 2.5 billion rubles for a major modernization project that started in June 2024 and is expected to run until April 2026.

KANSAI HELIOS Coatings GmbH has announced plans to establish a new manufacturing facility in Johnstown, Ohio, with an investment of over $20 million. The facility is expected to create 48 new jobs by 2030 and quadruple production capacity.

ams OSRAM has received European Commission approval for an investment grant of up to €227 million under the European Chips Act for a new semiconductor manufacturing facility in Premstaetten, Austria. The company plans to invest €567 million in total by 2030, when full production is expected to begin.

Oben Group has ordered the world's first 12-meter BOPP film production line from Brückner Maschinenbau for a new production facility in Monterrey, Mexico. The line will have an output of 94,000 tonnes per year.

TriMas Aerospace's Monogram Aerospace Fasteners, Allfast Fastening Systems and Mac Fasteners brands have been awarded a multi-year global contract with Airbus, expanding the existing contract scope across all fastener business units.

Solomon Colors has built a new manufacturing plant in Rialto, California, to increase its granular pigment production capacity by 40 million pounds annually. The facility is set to be operational in Q1 2025.

Ennostar Inc's board approved a restructuring plan to merge its subsidiaries EPISTAR and Lextar into a single entity tentatively named Ennostar Corp, effective October 1, 2025. The merger aims to accelerate business expansion in high-value-added optoelectronic applications.

Hanil Onics was selected as the preferred bidder by Daewoo E&C for kitchen equipment manufacturing and installation at the Shilla Monogram Hanoi hotel in Vietnam. The contract is valued at approximately KRW 6 billion (USD 4.5 million), with supply expected in the second half of 2025.

German multinational Netzsch plans a new 4,600 square metre warehouse at its Pomerode, Santa Catarina plant to expand grinding equipment output by up to 70%. The investment totals about R$73 million over three years within a R$87 million overall commitment.

IMI secured a multi-million euro deal to supply seven anti-surge valves to a major production facility in the North Sea. The replacement valves use additive manufactured components and IMI's DRAG technology to upgrade legacy valves.

Berry Global Group acquired CMG Plastics, a North American producer of containers, bottles, closures and specialty packaging with about 170 employees. PMCF Investment Banking served as exclusive financial advisor to CMG.

ZIQI Compressor announced its 15,000 square metre smart factory in Dexing City, Jiangxi Province is officially operational. The facility triples production capacity compared with its Shanghai Lingang plant and makes oil-free air compressors, mobile compressors and vacuum pumps.

Leonardo DRS received a $45 million U.S. Navy Submarine Industrial Base investment commitment through contracts with HII Newport News Shipbuilding. It will fund capabilities and a 40,000 sq ft expansion of its under-construction naval propulsion facility in Goose Creek, South Carolina, expected to open in 2026.

ARCH Medical Solutions Corp. acquired KISS Technologies, LLC, a provider of prosthetic suspension systems based in Owings Mills, Maryland. The acquisition strengthens ARCH's position in the prosthetics market.

Doosan Bobcat is constructing a $300 million plant in Monterrey, Mexico, aiming for completion in early 2026. The plant will produce 12,000 M-Series compact loaders annually, boosting North American production capacity by 20%.

Chinese construction and agricultural machine maker Zoomlion is investing EUR 100 million to establish a mobile elevated work platform (MEWP) manufacturing plant in Tatabánya, Hungary, creating 800 jobs. Production could start in 2025.

Haier Group plans to invest $500 million over five years to expand its industrial complex in the 10th of Ramadan City, Egypt, aiming to quintuple production capacity. The second phase is expected to start operations in Q4 2026, and a third phase for central air conditioning production is planned for next year.

Lone Star Funds announced a definitive agreement to acquire the Specialty Chemicals and High Performance Polymers Business Areas of RadiciGroup, an Italian chemical company.

Cambridge GaN Devices, a UK-based developer of gallium nitride power semiconductors, secured $32 million in Series C financing to expand operations in the UK, North America, Taiwan and Europe.

Green India Polymers signed a three-year agreement to export 40,000 metric tons of recycled PET flakes worth $40 million to Canada's Meridian Polycorp, which will act as exclusive global distributor.

Noblelift Co., Ltd. is constructing a smart logistics equipment future factory (Phase V project) in Changxing, Zhejiang, with a total investment of ¥1.175 billion. The factory will produce 50,000 units of smart logistics equipment (forklifts) annually and is expected to start production in Q4 2025.

Hon Hai Precision Industry Co. Ltd., through its subsidiary New Wing Interconnect Technology (Bac Giang), acquired a 25% equity stake in Goertek Electronics Vietnam Co. Ltd for $50 million, subject to regulatory approvals.

Zoomlion Heavy Industry Science & Technology Co., Ltd. plans to build a smart factory for aerial work platforms in Tatabánya, Hungary. The project is expected to create about 800 jobs and strengthen its European market presence.

Epigral Ltd is doubling its CPVC capacity from 75,000 to 150,000 MTPA and epichlorohydrin capacity from 50,000 to 100,000 MTPA at its Dahej complex, with an investment of approximately ₹780 crore.

Foxconn Interconnect Technology (FIT), through its subsidiary New Wing Interconnect Technology (Bac Giang), acquired Goertek Electronics Vietnam, a subsidiary of China's Goertek. New Wing will inject $50 million into the joint venture, holding a 25% stake, with another FIT entity holding 75%.

Green India Polymers signed a three-year agreement to export 40,000 metric tons of recycled PET flakes worth USD 40 million to Canada's Meridian Polycorp, which will act as exclusive global distributor.

Godrej Enterprises Group's Process Equipment business announced a ₹200 crore investment for Phase III expansion of its Dahej, Gujarat facility, raising annual manufacturing capacity to about 30,000 MT.

Shell, Covestro and Dongshan signed a strategic cooperation agreement on February 21, 2025 to jointly establish an Innovation and Technology Center for high-performance film products.

Paloma Rheem, parent of Rheem and Paloma, will acquire Fujitsu General, a residential and commercial heat pump producer, as a wholly-owned subsidiary. The transaction is expected to close in July 2025.

OEE Container Technology has partnered with CarnaudMetalbox Engineering (CMbE) to supply seamer tooling solutions to manufacturers in the Middle East, Egypt, India, and Pakistan, targeting the food, beverage, aerosol, and can-making industries.

Rajshree Polypack Limited secured an order worth USD 0.28 million to supply customised injection-moulded food containers to a US-based distributor, with delivery by March 2025.

Andreas Fahl Medizintechnik-Vertrieb GmbH plans to acquire the shares of Orbisana Healthcare GmbH through an insolvency plan. The deal aims to combine competencies in tracheotomy, laryngectomy, and ventilation medical products.

Appotronics received a development notification appointing it as the exclusive supplier of static automotive lights for an international automaker's entire global vehicle range. Mass production is expected to start in 2025.

Thermion AB has been awarded a major contract by Bravida for pipe and equipment insulation at Novo Nordisk's expansion of its plant in Kalundborg, Denmark. Work will start in full in March-April 2025 and continue through summer.

Liebherr held a groundbreaking ceremony on February 17, 2025, for the expansion of its aerospace manufacturing plant in Guaratinguetá, Brazil. The company will invest around €45 million over 10 years, adding 8,000 m² of space for machining and surface treatment of high-precision aircraft components.

Holcim announced the name Amrize for its planned spin-off of its North American operations, which will become an independent public company. The spin-off is scheduled for completion before 30 June 2025, pending approvals.

HEXPOL has signed an agreement to acquire 80 percent of the shares in Kabkom Kimya Sanayi ve Ticaret Anonim Şirketi, the largest independent cable compounder in Turkey, specializing in high-performance thermoplastic and thermoset cable compounds.

A new water treatment plant called VB Fremmerholen, costing around one billion kroner, is one of the largest projects in the scheme to strengthen the water supply in Ålesund municipality.

Elio PLC has entered into a multi-year agreement with Ålesund municipality to develop a modern water and wastewater automation system based on the Ignition platform, covering the entire new municipality including Skodje and Sjøholt.

Uniwater has entered into an agreement to acquire NOKA AS, a Norwegian engineering and service company specializing in drinking water treatment. The acquisition expands Uniwater's presence in Norway.

Chomarat has commissioned a new production line for unidirectional carbon fiber reinforcements at its facility in France, after three years of work and €2 million in investment. The line is now operational.

Delton Cables Limited has leased a 59,825 sqm property in Palwal, Haryana to set up a facility for manufacturing telecom products, with an investment of INR 10 crore. The plant is expected to be completed by March 2025.