Proquip Rental and Sales has acquired Hume Hire, an earthmoving plant and equipment rental provider with branches in Albury and Wagga Wagga, NSW. Full integration into the Proquip Group is expected in early 2025.
Atkin Automation, a division of Group Rhodes, secured its largest ever export order from a North American customer for three laser processing cells and three additional process lines with 36 decoilers and recoilers for the sheet metal industry. The contract will be fulfilled at the company's facility in Wakefield, UK.
Ingredion announced investments of more than $100 million to increase efficiency, modernize equipment, and install an energy cogeneration system at its Indianapolis facility. The project will expand capacity for texture solutions and is expected to be completed in the second half of 2026.
Fujian Kebao Metal Products Co., Ltd., a subsidiary of Fujian Sanbao Group, awarded SMS group contracts for two tinplate continuous annealing lines for its facility in Zhangzhou, China. The lines have a total annual capacity of 800,000 tons and are scheduled to go into operation mid-2026.
Taiwanese tool manufacturer Wan Iuan Enterprise Co Ltd is constructing a new factory in Kaohsiung, Taiwan, which will include new equipment and machinery to increase capacity and reduce carbon emissions. The factory is set to be completed by June 2025.
MtronPTI received an order worth more than $10 million from a top U.S. Department of Defense prime contractor for high-performance radio frequency filters supporting a major naval defense program. Work will take place in Orlando, Florida over three years.
Congalsa, a frozen food producer, is expanding a new production plant in A Pobra do Caramiñal, Spain, with Maval Industria Viva providing a turnkey solution including Siemens automation and MOM systems.
Finland-based Vexve Group completed its acquisition of Danish dynamic balancing valve manufacturer Frese A/S after finalising the FDI filing in Denmark. The transaction was completed on 31 January 2025, and the combined company has a turnover of approximately 200 million EUR.
Ampo Poyam Valves will design, manufacture and deliver highly engineered top-site MOV ball and globe valves for the Zuluf Tie-In Platform 5 upgrade in Saudi Arabia, selected by EPC contractor Lamprell for end user Aramco. Cladding will be performed at Ampo's facilities in Spain.
Port of Tanjung Pelepas signed an agreement with Shanghai Zhenhua Heavy Industry (ZPMC) to purchase 58 eco-efficient electrified rubber-tyred gantry cranes, as part of its expansion strategy.
DS Techno held a groundbreaking ceremony for its Munmak semiconductor plant on January 31, 2025. The company plans to complete construction by March 2026 and invest an additional KRW 50 billion while hiring 110 more employees by 2030.
GME Chemicals (S) Pte Ltd, part of Biesterfeld Group, has acquired the entire distribution business of Tat Lee Engineering Private Limited, including distribution rights for DuPont's MOLYKOTE lubricants and DOW's DOWSIL silicone materials. The closing took place on February 3, 2025.
Končar and Siemens Energy Group received European Commission approval on February 3, 2025, for their joint venture Končar - Transformatorski Kotlovi, which will manufacture and sell transformer tanks. The new factory is expected to employ about 400 people.
Baker Hughes secured a multi-year contract from ExxonMobil Guyana to supply specialty production chemicals and related services for the Uaru and Whiptail developments offshore Guyana. The contract covers the Errea Wittu and Jaguar FPSOs, expected to start production in 2026 and 2027 respectively.
German farm equipment maker Geringhoff announced a 40,000 square foot, $5-million expansion of its St. Cloud, Minnesota facility to increase production of harvesting equipment for U.S. and Canadian customers. Construction started at the end of 2024 and is planned to be completed in mid-2025.
AXH Air-Coolers plans to break ground on a new facility in Sapulpa, Oklahoma, on 26 acres, creating over 200 jobs. The company was awarded $5.2 million from the Oklahoma Department of Commerce Business Expansion Incentive Program.
Canon Virginia, Inc. announced plans to expand manufacturing operations at its Newport News facility to scale a method of isolating natural silk protein, retraining 30 employees for the new production line.
Liebherr-America committed to investing $74 million to enhance its manufacturing facility in Newport News and Hampton, Virginia, creating 175 new jobs. The investment is supported by state and local incentives.
Aker BP selected Aucotec as a partner for the digital infrastructure of the Yggdrasil oil and gas development in the Norwegian North Sea, using Aucotec's Engineering Base platform for engineering data management.
Hawkins, Inc. completed the acquisition of the assets of Amerochem Corporation, a distributor of water treatment chemicals and equipment in North Carolina. The deal adds a 50th water treatment location in the U.S.
Honda is investing over $1 billion to retool its Marysville Auto Plant, East Liberty Auto Plant, and Anna Engine Plant in Ohio to create the Honda EV Hub, enabling production of ICE, hybrid, and EV models on the same lines. EV production begins in late 2025 with the Acura RSX EV.
Chiller Oy, part of the Koja Group, will develop new headquarters, production, and warehouse facilities in the Sula area of Tuusula, Finland. The property, covering approximately 9,000 m², will be completed in January 2026.
CPI Aerostructures received several funded orders totaling $7 million from Sikorsky for overhaul and repair of outboard stabilator assemblies supporting the MH-60 SEAHAWK helicopter. These orders are under a previously announced five-year IDIQ contract.
Toromont Industries Ltd. acquired a 60% ownership of AVL Manufacturing Inc., a leader in design and fabrication of power generation and storage enclosures based in Hamilton, Ontario. The purchase price is paid in cash and shares, with a commitment to purchase the remaining 40% by 2031.
Heidelberg Materials North America has signed a binding agreement to acquire Giant Cement from its minority shareholders for approximately $600 million. Giant Cement's Thomaston, Maine plant is scheduled to shut in early 2025.
Ester Industries has chosen to install a Gneuss OMNI 200 recycling system at its new Hyderabad facility to process bottle flakes into food-grade pellets for BOPET film production. The system processes 2,000 kg/h.
Gimv has acquired a stake in RoboJob, a Belgian CNC automation solutions provider, alongside the founding De Roovere family. The investment aims to support RoboJob's international growth.
Kurita America, part of the Kurita Group, announced a pending merger with sister company Avista Technologies, Inc., effective April 1, 2025. Avista, based in San Marcos, California, specializes in membrane treatment solutions for reverse osmosis and filtration systems.
E.H. Price and Enviroair Industries have signed a letter of intent to form a new partnership, creating a new legal entity called E.H. Price Solutions. The partnership aims to combine their air-side and mechanical offerings in Eastern Canada, with completion targeted by June 1, 2025.
Dematek Water Management SRL will invest in a production hall in Bivolari, Iași County, Romania, to assemble wastewater treatment stations and complete sewerage systems. The hall will occupy about 540 m² on a 6,866 m² plot.
Tobermore plans to invest £8 million in constructing a new 3,000 square metre factory in South Derry, Northern Ireland, capable of producing 1,000,000 m² of paving blocks per year, increasing block paving production by 25%. The company also plans to invest £4 million in new jobs, including 21 new roles.
Triumph Group has entered into a definitive agreement to be acquired by affiliates of Warburg Pincus and Berkshire Partners in an all-cash transaction valued at approximately $3 billion, taking the company private.
Baker Hughes secured a multi-year contract from ExxonMobil Guyana to provide specialty chemicals and services for the Uaru and Whiptail FPSO developments in the Stabroek Block, with production targeted for 2026 and 2027.
PBS Aerospace will invest up to $20 million to establish its North American headquarters, manufacturing, and R&D operations in Roswell, Georgia, creating at least 95 jobs.
JSW Steel Dolvi Works has commissioned SMS group to supply a 350-ton BOF converter, twin ladle furnace, gas cleaning plant, and automation systems as part of a 3.7 mtpa capacity expansion at its Dolvi steel mill in India.
The European Commission approved the creation of a joint venture between KONČAR and Siemens Energy Holding B.V. for the manufacture and sale of power transformer tanks.
American Metals LLC, a subsidiary of American Resources Corporation, announced a proposed business combination with AI Transportation Acquisition Corp valued at $170 million. The combined company will be listed on Nasdaq as Electrified Materials Corporation.
Ingersoll Rand acquired SSI Aeration, a global leader in wastewater treatment plant equipment, to extend its capabilities in wastewater treatment. SSI has manufacturing facilities in the US, South Korea, and India.
ORBIS Corporation opened a new manufacturing plant in Greenville, Texas, repurposing an existing facility, producing reusable totes and pallets; it is expected to reach full production by spring 2025 and create more than 190 jobs.
Baker Hughes received an order from Tecnicas Reunidas for six gas compression trains and six propane compressors for the third expansion phase of Saudi Aramco's Jafurah gas field, booked in Q4 2024; financial terms were not disclosed.
Uttarakhand's Meghdoot Packaging finalised a deal to purchase a 1650-size DGM MegaFold folder gluer from DGM Automation India, the first of its kind in India, with installation scheduled for February 2025-end.
DS Smith partnered with bfresh spitiko, creator of the spitiko juice brand, to develop a fibre-based corrugated e-commerce packaging system replacing wooden trays for juice in glass bottles.
Resonac Holdings transferred all shares of its wholly-owned subsidiary Resonac Packaging, which makes secondary battery and food packaging materials, to Dai Nippon Printing effective February 3, 2025. Resonac says the impact on its performance will be insignificant.
REMONDIS Aqua secured contracts with Aurizon to service sewage and pollution treatment plants at six Queensland locations, and with Gladstone Regional Council for a $850,000 contract to operate two wastewater treatment plants for two years.
John Deere invested $15 million to expand its PLA by John Deere plant in Las Rosas, Santa Fe, Argentina, increasing production capacity of sprayers and seeders by 50%. The investment included new buildings, a paint line, and assembly line improvements.
MacKellar Group signed a 14-month contract with Aeris Resources Limited for the Murrawombie Open Pit Cut-Back project at Tritton Operations near Nyngan, New South Wales, to deliver open pit cut-back development and construction of the final landform for the Heap Leach Facility.
BluePrint Automation (BPA) China moved into a new 2,000 m² production facility in Hangzhou in February 2025. The facility supports local production of automated packaging machinery for snacks, ice cream, pet food, french fries and frozen food, with a team of 30 employees.
A Southeast-based private equity firm, in partnership with an executive initiated by HarveyCEO, acquired ChemREADY, a provider of chemicals, equipment, and services for water and wastewater treatment.
Konecranes secured an order from CSP Iberian Valencia Terminal S.A.U. for seven hybrid Rubber-Tired Gantry (RTG) cranes. The order was booked in February 2025, with delivery to the Port of Valencia scheduled for March 2026.
Gedeon Richter Polska began expanding its production plant in Grodzisk Mazowiecki, Poland, adding a two-story building with 2,500 sqm of production lines. The investment is valued at approximately 200 million PLN and will increase production capacity by about 30%.