Mitsubishi Power secured an order to supply two M701JAC gas turbines and other equipment for the Al Wahda Open Cycle Gas Turbine Power Plant in Morocco, owned by ONEE. The plant will generate 990 MW and is expected to enter commercial operation in 2027.
Sintavia, a manufacturer of additively manufactured aerospace components, received a $10 million investment from the Stifel North Atlantic AM-Forward Fund. The capital will be used to refinance machine loans and provide working capital.
Nabors Industries announced a business combination agreement between its subsidiary Nabors Energy Transition Corp. II and e2Companies LLC, an AI-powered virtual utility. The financial terms were not disclosed.
Medtronic has acquired certain nano surface technology assets and intellectual property rights from Nanovis for use in next-generation PEEK interbody fusion devices. The deal was announced on February 12, 2025.
ASM Technologies commenced operations from two new manufacturing facilities at Dabaspet, Karnataka and Sriperumbudur, Tamil Nadu, totaling over 55,000 sq.ft.
ASM Technologies signed an MoU with the Government of Karnataka to invest ₹510 crore to expand its ESDM-related Design-Led Manufacturing and precision engineering capacity. The company will acquire 10 acres of land from KIADB to set up a design facility.
Alpla expanded its packaging capabilities with a new plant in Thailand.
MCZ announced the acquisition of Sital Klima and SIC, two Italian HVAC companies. Sital Klima, based in Mogliano Veneto, and SIC, based in Cologna Veneta, had combined revenue of nearly €20 million in 2023 and employ 62 people.
Hindustan Aeronautics Limited (HAL) signed a long-term contract with Safran Aircraft Engines for the supply of turbine forged parts for the LEAP engine programme. HAL's Foundry & Forge Division in Bengaluru will manufacture the components.
NEM Energy signed a contract with Siemens Energy to supply two horizontal Heat Recovery Steam Generators (HRSGs) for a new 1.2 GW combined cycle power plant in Texas, USA, supporting end user Sandow Lakes Energy Company.
City One Development's first glass plant project 'Misto Skla' in Berezan, Kyiv region, with a planned capacity of 600 tonnes per day and €135 million investment, is delayed by two years due to the war.
MJC Engineering and WF Maschinenbau signed a joint venture agreement to collaborate on chipless metal forming machines for automotive, aerospace, defense, and energy applications. Both companies remain independent.
e2Companies, a provider of integrated power solutions, announced a business combination with SPAC Nabors Energy Transition Corp. II. The transaction values e2 at a pre-money equity value of $500 million and is expected to close in Q3 2025.
Nxu, Inc. announced shareholder approval of its merger with Verde Bioresins, Inc. Verde stockholders will own about 95% of the combined company. The transaction values Verde at approximately $306.9 million enterprise value.
Stefani Spa received an order for 80 OSTRO dry coolers for precision cooling at a data centre in Ireland. The customer is a major unnamed company.
Belgian tissue producer Ontex has signed a binding agreement to sell its Turkish operations to Turkish company Dilek Grup. The transaction is subject to approval by the Turkish competition authority.
Andon Health Co., Ltd. announced that its wholly-owned subsidiary Andon Hong Kong Co., Limited will purchase a 20% equity stake in iHealth Inc. from Best Ventures Limited for $45.91 million, making iHealth Inc. a wholly-owned subsidiary.
Micron Technology is planning the expansion of its semiconductor plant in Sanand, Gujarat, by constructing a second phase and is seeking new construction partners. The first phase is expected to be operational in early 2025.
Anue, a Norwegian medical device company, entered into a procurement agreement with Sykehusinnkjøp HF worth 25 million Norwegian kroner, making its products available for purchase by all hospitals and hospital pharmacies in Norway.
The Competition Commission of India granted approval for Bosch Group's proposed $8 billion acquisition of sole control over Johnson Controls International's residential and light commercial HVAC business, including the Johnson Controls-Hitachi Air Conditioning joint venture.
Ok Tedi Mining Ltd (OTML) has ordered twenty 230-tonne class XCMG XDE260 diesel-AC electric drive trucks from XCMG. Five trucks were delivered in late 2024, with the remaining 15 due in 2025. Commissioning of the initial trucks is underway at the Ok Tedi mine in Papua New Guinea.
SG Healthcare (SG헬스케어) completed the expansion of its plant in Icheon, Gyeonggi Province, South Korea, investing about 5 billion KRW. The expansion added approximately 720 pyeong (about 2,380 square meters) to the facility, tripling production capacity. The plant began full operation on February 10, 2025.
BD plans to invest over $30 million in 2025 to expand manufacturing capacity for IV lines at its plant in Utah, following a 2024 investment of over $2 million that increased IV catheter output by more than 40 million units annually.
TE Connectivity has entered into a definitive agreement to acquire Richards Manufacturing Co., a provider of utility grid products, from funds managed by Oaktree Capital Management and the Bier family. The acquisition strengthens TE's position in serving electrical utilities in North America.
Shanghai NSIG's subsidiaries, including Shanghai Xinsheng Semiconductor Technology, plan to sign an electronic-grade polysilicon procurement framework contract with supplier Jiangsu Xinhua Semiconductor Technology.
Isuzu North America Corporation announced it will establish a new production base in Greenville County, South Carolina, with a $280 million investment creating over 700 jobs. The facility will produce N-Series Gas, N-Series Electric, and F-Series Diesel trucks, with an annual capacity of 50,000 units, and operations expected to begin in 2027.
REDstack, a Blue Energy company, is starting large-scale production of electrodialysis stacks at a new facility in Heerenveen, Netherlands. The factory will feature an automated production line, increasing output from one stack per week to ten.
Aramco, through a wholly owned subsidiary, signed definitive agreements to acquire a 10% equity interest in HORSE Powertrain Limited from Renault Group and Geely, based on a €7.4 billion enterprise valuation. The deal is subject to regulatory approvals.
Nabors Energy Transition Corp II, a SPAC formed by Nabors Industries, entered into a business combination agreement with e2Companies, a provider of AI-based Virtual Utility power solutions.
Mercamer, part of OptiGroup, acquired AgilePack, a Finnish specialist in food packaging automation, to enhance its market position in the food packaging sector.
Yinlun TDI, a subsidiary of Yinlun Shares, received a contract from a major North American automotive brand for new energy vehicle radiators, with estimated lifetime sales of $61.344 million starting production in 2027 at the Monterrey plant in Mexico.
Safran Aircraft Engines signed a contract with Hindustan Aeronautics Limited (HAL) for the production of turbine forged parts for LEAP engines, announced at the Aero India trade show in Bengaluru.
Rockwell Automation will collaborate with NEO Battery Materials on automation solutions for NEO's planned 240-ton silicon anode facility in Windsor, Ontario, with capacity to grow to 5,000 tons per year.
Ondupack inaugurated a corrugated cardboard plant in Navalmoral de la Mata, Cáceres, with an investment of 49 million euros, capacity for 200 million square meters per year and 50 direct jobs.
HAWE Manufacturing US, a subsidiary of HAWE Hydraulik GmbH, is moving hydraulic valve production from China to a 50,000 square foot space in Lehigh Valley Industrial Park VI in Bethlehem Township, Pennsylvania.
Massilly Group, a French family metal packaging company, agreed to purchase the tinplate division of Hoffmann Neopac. The division includes the CM Packaging plant in Dronten, Netherlands.
Private equity firm Emerald Lake agreed to sell Inno-Pak, a food packaging company it had owned since 2020, to Handgards. No deal value or location was disclosed.
Buhler Industries Inc. signed an amalgamation agreement under which ASKO Sinai ve Teknoloji, which already owns about 96.7% of Buhler's shares, would take the company private. Minority shareholders would receive CDN$7.30 per share in cash.
EcoSynthetix Inc. won a new commercial account with one line of an unnamed leading global pulp manufacturer, under a purchase order worth about CAD 1.1 million for calendar 2025 deliveries of its SurfLock strength aids.
Impel Company, backed by Pike Street Capital, announced the acquisition of Pump Dynamics, a flow management products and services provider serving Washington, Oregon and Arizona. The deal adds an Arizona presence and semiconductor-industry service capabilities; no value was disclosed.
Liebherr-Australia and Roy Hill announced a new partnership, marked by the handover of an R 9800 excavator, the second of three initial Liebherr excavators being delivered to Roy Hill's Pilbara iron ore mine in Western Australia. A third machine, another R 9800, is expected by Q2 2025.
CEME, a French group specializing in climate engineering, acquired Technichauffe on February 11, 2025. Technichauffe, based in Alsace, specializes in HVAC for the tertiary sector and had 55 employees and €14 million revenue in 2024.
Instal Warszawa signed a contract with MPWiK S.A. in Wroclaw for the expansion and modernization of the Wroclaw Wastewater Treatment Plant, valued at PLN 177 million net. The project will increase capacity from 150,000 to 209,000 m³ per day over 24 months.
Hanza opened a new 8,800 square meter factory in Töcksfors, Sweden, following an investment of 75 million SEK. The facility is designed for advanced assembly with automated warehouses and assembly robots.
Miracle Automation Engineering Co. Ltd. announced a partnership with Galbot Co. Ltd. to establish a joint venture focused on advancing embodied intelligent robotics in the automotive sector. The JV will develop intelligent robots, supporting equipment, and integrated solutions for automotive manufacturing and new energy batteries.
Schneider Electric Infrastructure Ltd approved a Rs.13.6 crore investment to expand medium power transformer manufacturing capacity at its Vadodara plant by 1,500 MVA per year, from 5,500 MVA to 7,000 MVA, by end of FY26 (March 31, 2026).
Carrier Global Corp. increased manufacturing output at its facility in Charlotte, North Carolina, by about 50% and is building a new facility to more than double output for North America.
AGS America Inc., an automotive components manufacturer, is investing nearly $3.6 million in new advanced manufacturing equipment to expand its operations in Opelika, Alabama, creating 70 new jobs. The expansion is expected to be completed by December 2025.
World Known Precision (WKPT) held a groundbreaking ceremony for a new plant in Machouhou Industrial Park, Chiayi County, Taiwan. The NT$600 million facility will feature automated production lines for commercial vehicle and precision parts, with completion expected in Q2 2026.
St George Mining signed a binding MoU with Shandong Xinhai Mining Technology & Equipment Inc for collaboration on the Araxá Niobium-REE Project in Brazil, including an A$8 million equity investment and an EPC contract.