Shree Cement signed a memorandum of understanding with the government of Karnataka to invest nearly US$1 billion in cement manufacturing facilities over five years. The projects include a US$288 million plant in Kalaburagi with 3.5Mt/yr clinker and 3Mt/yr cement capacity (starting 2025, 300 jobs), a US$575 million plant in Kalaburagi district with 3.5Mt/yr clinker and 6Mt/yr cement capacity (commissioning 2030, 750 jobs), and a US$98 million grinding plant in Bangalore Rural with 3Mt/yr capacity (starting 2028, 250 jobs).
Bharat Forge Ltd. and Liebherr-Aerospace & Transportation SAS announced a collaboration to set up an aerospace manufacturing facility at Bharat Forge's headquarters in Pune, India. The facility, expected to become operational in 2025, will include a ring mill and advanced machining technologies for producing high-precision components like landing gear parts.
Brazilian industrial construction firm Milplan has purchased a new Liebherr LRT 1130-1.2 rough-terrain crane, a 130-tonne model, to support mining projects. The handover was announced on February 13, 2025.
Fujikura Chemical announced on February 13, 2025, that it will invest 98 billion yen to build a new factory at its Sano Plant in Sano City, Tochigi Prefecture. Construction is scheduled to begin in October 2025, with production starting sequentially from September 2027.
DG Steel Group has acquired Van der Hulst, a company specializing in welding robot solutions, to strengthen its expertise in laser welding technology. The acquisition was announced on February 13, 2025.
Raytheon Co. has been awarded a $52.2 million firm-fixed-price delivery order to procure 18 forward looking infrared high-definition turret assembly spares in support of Foreign Military Sales MH-60 aircraft for Saudi Arabia, South Korea, Norway, Spain, and India. Work is expected to be completed by February 2028.
Allison Transmission has secured a phase two contract with Turkish manufacturer HST Otomotiv to supply 32 X1100-5A4 cross-drive transmissions for the Next Generation T-155 Firtina 155 mm self-propelled howitzer. Deliveries are scheduled to begin in Q1 2026.
Volvo Group will invest Rs 1400 crore to expand its manufacturing facility in Hoskote, Bengaluru, India. The expansion will increase production capacity from 3,000 to 20,000 trucks and buses annually and create over 2,000 direct jobs.
M.A.i GmbH & Co. KG, a German automation specialist, has officially opened a new production and sales location in Penang, Malaysia. The facility will serve as a regional hub for automation innovation and manufacturing.
Lighthouse Paint (Tianjin Lighthouse Paint Co., Ltd.) has won a contract worth over CNY 20 million to supply paint and coatings to Yankuang Energy Group's subsidiaries across China. The contract covers four bidding sections for various coating products.
NeoCem will start its first production line for activated clays at a new low-carbon cement plant in Saint-Maximin, Oise, France, in Q2 2025. The facility will have an annual capacity of 200,000 tonnes and create about 40 jobs.
RSGT Bangladesh has ordered four panamax STS cranes from Sany Marine Heavy Industry for its Patenga terminal near Chittagong. The cranes are scheduled to arrive in early 2026, increasing terminal capacity to 600,000 TEU per annum.
SIG will invest 40 million euros in the second phase of its Ahmedabad, India plant to increase capacity from 4 billion to 10 billion packs per annum. The expansion is expected to be completed by 2027.
Katoen Natie has ordered four all-electric Konecranes Gottwald mobile harbor cranes for its Port of Antwerp operations. The order includes a 10-year service agreement, with delivery scheduled for Q1 2026.
Laerdal Medical has acquired SIMCharacters, an Austrian company specializing in high-fidelity neonatal simulators. The acquisition strengthens Laerdal's position in healthcare simulation, particularly in neonatology and pediatric care.
XDENT LAB has expanded its removable denture production facility in Ho Chi Minh City, making it the largest in Vietnam. The expansion increases capacity to serve the U.S. market.
Milplan, a Brazilian industrial construction firm, has purchased a Liebherr LRT 1130-2.1 130-tonne rough-terrain crane to boost its crane fleet for mining projects. The crane is the most powerful in Milplan's fleet.
Zavod Metallokonstruktsiy Apollo will build a metal structures plant in the Novosibirsk Industrial and Logistics Park with an investment of 500 million rubles. The plant is expected to launch in 2026 and reach full capacity in 2028, creating 50 jobs.
CDIL Semiconductors launched indigenously made solar bypass diodes for solar applications and opened a new production line, expanding capacity by 25 million units.
Muller UK & Ireland Group plans to expand its Market Drayton plant by redeveloping an existing building for food production, adding 2,000 square meters of space and creating eight jobs. The proposal is pending planning approval.
JLG Industries will open a new 113,000-square-foot satellite office and R&D facility in Frederick, Maryland's Riverside Research Park. The project is supported by a $500,000 conditional loan from the state.
Carlyle Group completed its acquisition of a controlling stake in an Indian auto-parts platform formed by Highway Industries and Roop Automotives. Carlyle acquired a 68.9% stake in Roop, with founders retaining stakes.
Super Bond Adhesives is setting up South Asia's largest hot melt adhesive manufacturing unit in Wada near Mumbai, with a capacity of 300 metric tons per month. The plant is expected to be operational by June-July 2025.
Architect Equity, a Los Angeles-based private equity firm, has purchased Gibbs Die Casting Corp., an aluminum diecaster in Henderson, Kentucky, from Koch Enterprises. Terms were not disclosed. Gibbs will continue under existing management.
Ceer, Saudi Arabia's first EV brand, announced 11 new partnerships worth SAR5.5 billion (approximately $1.5 billion) at the PIF Public Sector Forum. Over 80% of the agreements are with Saudi companies to supply vehicle components and charging equipment.
Qualitas Semiconductor Co Ltd won a 1.2 billion won order.
AeroVironment announced the establishment of FreedomWerx, a 200,000-square-foot advanced manufacturing facility in Salt Lake City, Utah, to expand production of loitering munitions systems. The company anticipates creating more than 500 high-paying jobs.
Key Tronic Corporation is expanding its clean-tech manufacturing operations in Springdale, Arkansas, with a new flagship facility. The company anticipates investing more than $28 million and creating over 400 new jobs in the next five years, increasing total U.S. production capacity by approximately 40%.
Daiki-Axis India signed an MoU to set up its third manufacturing facility in Karnataka's Japanese Industrial Township, with an investment of over ₹100 crore. The facility will produce decentralized packaged sewage treatment plants using Johkasou technology.
Zhejiang Maximal Imp and Exp (ZMIE) has formally dissolved its Master Dealer Agreement with Maximal Forklift, ending ZMIE's role as distributor for Maximal in Asia, Pacific, and EMEA.
Terminales Marítimas de Vigo at the Port of Vigo has ordered two hybrid Konecranes rubber-tyred gantry cranes. Delivery is expected in Q4 2025.
Motherson has signed a joint venture with Sanko Japan to produce sustainable plastic materials handling products including pallets, dolly carts and bulk containers for India and Europe. Motherson holds 51% and Sanko 49%.
Boplan, a Belgian manufacturer of modular safety solutions, announced the acquisition of Celtiplast, a French producer of high-quality polymer extrusion profiles. Financial details were not disclosed.
DESMI Pumping Technology acquired Nordan Marine, a Denmark-based provider of service and repair solutions for cargo and fuel handling systems on gas carriers and alternative-fuel vessels. The deal strengthens DESMI's maritime pump portfolio.
Roots Systems bought the 95,000 sq ft Spinnaker Works office and manufacturing facility in Gloucester, UK, to consolidate its operations from Stonehouse. The investment is said to exceed £10 million, funded from group cash resources.
Premier Packaging relocated its headquarters and production operations to an expanded facility in Memphis, Tennessee.
Eagle Flexible Packaging plans a new 52,000 square foot, $5 million facility in Waupun, Wisconsin, expected to be largely complete by year end and to create up to 40 jobs.
Cortec was awarded a multi-million dollar contract to manufacture and supply a full range of 10K PSI metal-seated valves for an existing facility upgrade in the Mediterranean region.
SIG opened its first aseptic carton pack plant in India in Ahmedabad, Gujarat, an investment of 90 million euros with initial capacity of up to 4 billion packs per year and over 300 local jobs.
Zhejiang Ruian Huanan Pump Valve Manufacturing received approval for a technical renovation project adding 300 tons per year of valve castings and 400 tons of mechanical parts through a smart workshop section.
UK Research and Innovation (UKRI) awarded a £751,167 supply contract for 12-inch mask and wafer semiconductor processing to CERN (European Organization for Nuclear Research). The contract runs from 13 February 2025 to 28 October 2025.
onsemi disclosed a proposal to acquire Allegro MicroSystems for $35.10 per share in cash, implying an enterprise value of $6.9 billion. The proposal was submitted to Allegro's board on February 12, 2025.
Lorama Group Inc. entered into a definitive agreement to acquire the colourant dispersions business of DCL Corporation, including manufacturing facilities in Monteith, Ontario, Canada and Waterfoot, UK.
BHI signed a contract with Harbin Electric International to supply six heat recovery steam generators (HRSGs) for the Luma 2 and Nairiyah 2 LNG combined cycle power plant projects in Saudi Arabia. The contract is worth approximately KRW 293 billion.
Yinlun Machinery secured a contract to supply radiator products for an electric vehicle model from a prominent North American automaker, with an expected value of USD61.3 million. The company's Monterrey, Mexico facility will begin supplying in 2027.
A new investor will build a €25 million facility in North Macedonia to produce heating systems for white goods for Beko, creating over 200 jobs. The cornerstone is expected at the end of February or beginning of March 2025.
Saint-Gobain Ceramics, through its subsidiary Saint-Gobain NorPro, is building a nearly 125,000-square-foot manufacturing facility in Wheatfield, New York, for catalyst carriers. The $40 million project will create 30 jobs, with construction starting in 2025 and completion by 2028.
Oil and Natural Gas Corporation (ONGC) together with National Thermal Power Corporation (NTPC) has acquired a 100% stake in Ayana Renewable, a solar and wind plant operator, for $2.3 billion.
Obeikan Glass Company's subsidiary Saudi Casting Foundry for Aluminum signed a 10-year contract with Ceer, Saudi Arabia's first EV brand, to manufacture aluminum parts for automotive manufacturing. The value depends on purchase orders.
INNIO Group acquired Souer Co., Ltd., a Thailand-based distributor of INNIO's Jenbacher and Waukesha brands and a specialist in engine-based technology for midstream and power generation. The deal was announced on February 12, 2025.