Coltala Holdings announced the creation of Coltala Aerospace through the acquisition of Aeroparts Group (APG), which includes Evans Composites, APM and ACD Consulting. The acquisition was completed on February 18, 2025.
On 1 February 2025, SRT merged with Colmar Technik, completing the integration process that began with the acquisition in August 2023. The merger consolidates production and commercial synergies in the railway sector.
Alpacem completed its acquisition of the 0.66Mt/yr Fanna cement plant near Pordenone, Italy, and several ready-mixed concrete plants from Buzzi. Buzzi received a 25% stake in Alpacem Zement Austria.
BSRM Steels Limited launched a new steel manufacturing facility in Mirsharai, Chittagong, on February 1, 2025. The plant adds 500,000 metric tons of rebars, 100,000 metric tons of wire rods, and 250,000 metric tons of billets annually. IDCOL disbursed BDT 500 crore to finance the plant.
Canpack is expanding its existing Bydgoszcz plant in Poland with a new production building and a line capable of over one billion beverage cans per year, in a 440 million PLN project. ALSTAL Grupa Budowlana is the design-and-build general contractor, with production planned for June 2026.
Himax Technologies has landed a supply contract with Taiwan Semiconductor (TSM), becoming the exclusive supplier of micro-lens arrays (MLAs) for TSM's silicon photonics initiative 'COUPE'.
Aster Brands announced an expansion in Emmet County, Michigan, with over $7 million investment in a new facility and creation of 15 jobs.
Flash Steelworks announced an expansion project in St. Clair County, Michigan, with $8.8 million capital investment and creation of 55 jobs.
Kostwein Group has commenced the expansion of its manufacturing facility at GIDC Sanand, India, with a ground-breaking ceremony. The expansion is expected to enhance production capacity and support export operations.
Futron Incorporated was awarded a one-year service contract by the U.S. Navy to provide HVAC maintenance and 24-hour emergency service at three installations in the Mid-Atlantic Region: Oceana, Dam Neck, and Cherry Point.
TriMas Aerospace has acquired the aerospace division GMT Aerospace from GMT Gummi-Metall-Technik GmbH. The transaction was signed in fall 2024 and closed on 17 February 2025 after FDI clearance.
Transformers and Rectifiers (India) secured orders worth Rs. 362 crore for Extra High Voltage power transformers from multiple customers including Power Grid Corporation of India, Megha Engineering, KEC International, and others. Delivery is scheduled by the next financial year, announced on 1 February 2025.
RACL Geartech inaugurated a new manufacturing facility named 'UDYAM' in Noida, India, dedicated to producing parking lock mechanisms for BMW electric vehicles. The facility is operational with commercial production to start soon, announced on 14 February 2025.
BAE Systems plans to invest $65 million to add 13,935 square meters at its Endicott, New York site for high-voltage energy storage technologies for aircraft electrification. The project is supported by $8.5 million in tax credits from New York State, announced on 19 February 2025.
Private equity firm Amethis acquired a majority stake in Kazareen Textile Group (KTG), a textiles and apparel manufacturer headquartered in the UK with operations in multiple countries. The deal was announced on 6 February 2025.
RMC Switchgears Limited received a work order from a private contractor for development of distribution infrastructure, including 11 KV underground cable and Ring Main Unit system, in select districts of Gujarat. The estimated value is INR 108.05 crore.
Canpack is expanding its existing Bydgoszcz plant in Poland with a new production building and a line capable of over one billion beverage cans per year, in a 440 million PLN project. ALSTAL Grupa Budowlana is the design-and-build general contractor and is nearing completion of the shell, with production planned for June 2026.
ArcelorMittal has made a $1.2 billion investment to build an advanced non-grain-oriented electrical steel manufacturing facility in Alabama. The plant will produce up to 150,000 metric tons of NOES annually.
Eaton announced it would invest $340 million to add a third US facility for manufacturing three-phase transformers in Jonesville, South Carolina. The site will support 700 new jobs and begin hiring and production in 2027.
KITZ Corporation signed a basic business alliance agreement with AID Co., Ltd. on February 1, 2025, to develop hydrogen supply chain products and services. The partnership covers product development, procurement, sales and service.
Dongkuk CM, a cold-rolled and color steel plate specialist under Dongkuk Steel Group, completed the acquisition of Ajoo Steel in January 2025, making Dongkuk CM the world's largest color steel plate producer by output.
Indovinya, the global business division of Indorama Ventures, completed on January 31, 2025 the acquisition of the Kemelix demulsifiers and Flowsolve flow assurance products brands from Cargill Bioindustrial UK Limited, including trademarks, customer relationships, patents, tolling rights and an R&D facility in Houston.
Kotobukiya Trèves de México (KTMex) announced an investment of over 292 million pesos to expand its plant in Aguascalientes, Mexico, including a new industrial building and creation of more than 160 jobs.
USG Paper announced it is expanding into Orange, Texas at the former International Paper location, with a planned investment of $750 million over ten years. The company aims to hire 120 to 150 full-time positions, with construction planned for fall 2025 and full operation by 2028.
Motion Industries signed a definitive purchase agreement to acquire the net operating assets of Maguire Bearing Company, an industrial distributor based in Hawaii. The transaction is expected to close at the end of February 2025.
Sundaram Clayton Limited commenced operations at its mega manufacturing facility in Thervoy Kandigai near Chennai, India. The plant will manufacture precision aluminium die-cast components for next-generation automotive applications, including electric vehicle components.
HE-Parts International, a subsidiary of Hitachi Construction Machinery, acquired Brake Supply Company, Inc., a subsidiary of Koch Enterprises. Brake Supply is a supplier of aftermarket mining equipment parts and rebuild services in North America.
Nucor Corporation will invest $59 million to expand its Vulcraft Indiana manufacturing facility in St. Joe, Indiana, adding capabilities to produce steel grating products. The investment is expected to create 20 new full-time jobs.
TIB Chemicals AG signed a definitive agreement to acquire REAXIS Inc., a US manufacturer of tin catalysts and specialty additives, effective January 31, 2025. The acquisition strengthens TIB Chemicals' presence in North America and expands its product portfolio.
TIGHITCO's Insulation Products Group in Mexico was awarded a 7-year follow-on contract by Pratt and Whitney Canada to manufacture thermal protection systems for multiple large engine platforms. The contract is valued up to $5.7 million USD, beginning in 2025.
LämpöYkkönen Oy acquired a majority stake in Savonlinnan Lämpöpumppu Oy and JH Lämpö Oy from entrepreneur Teemu Lautiainen in January 2025. The deal does not affect the names, facilities, or staff of the acquired companies.
WAI Global acquired ACI Automotive, a supplier of washer pumps, window regulators and door components, from Standard Motor Products. The acquisition expands WAI's product portfolio in the automotive aftermarket.
Badger Meter acquired SmartCover Systems from XPV Water Partners for $185 million. SmartCover provides real-time monitoring of sewer lines and lift stations for water utilities.
IES Holdings acquired Arrow Engine Company, a provider of engines, generator sets, compressors, and replacement parts for the natural gas production market, from TriMas Corporation. The acquisition includes Arrow's 130,000 sq ft manufacturing facility in Tulsa, Oklahoma.
KTMex, a Franco-Japanese automotive components manufacturer, announced a 292 million peso investment to expand its plant in San Francisco de los Romo, Aguascalientes, Mexico. The project includes a new building and will create over 160 new jobs.
Protective packaging specialist Storopack signed an agreement to acquire 74.9% of shares in OPITZ Packaging Systems GmbH, a manufacturer of automation solutions for packaging systems. The Opitz family retains 25.1% and continues to manage operations.
Fortescue placed a $400 million order with Xuzhou Construction Machinery Group for over 100 all-electric mining equipment assets, including electric wheel loaders, dozers, and semitrucks, for its Pilbara iron ore operations.
Inrigo secured a contract worth approximately NOK 875 million to upgrade the Japoma water treatment plant in Douala, Cameroon, increasing capacity from 55,000 to 123,000 cubic meters per day. Financing is provided by Eksfin.
Voltamp Transformers Ltd began construction of a new power transformer manufacturing facility in Jarod, Vadodara, Gujarat, with a capital outlay of Rs. 200 crore. The first phase will have an annual capacity of 6,000 MVA.
Kotobukiya Trèves de México (KTMex) announced an investment of nearly 293 million pesos to expand its plant in Aguascalientes, Mexico, adding a new building and creating over 160 jobs.
IPCO Industrial Power Corporation is installing electrical systems for a $5 million wastewater treatment plant project in Saluda, South Carolina, the largest project in IPCO's history.
GE HealthCare announced a $138 million investment to expand its Carrigtohill, Cork manufacturing site in Ireland, adding a new facility to produce 25 million more patient doses of contrast media per year by the end of 2027.
Mitsubishi Heavy Industries Thermal Systems (MTH) expanded turbo chiller production capacity at its Kobe Works by 1.5 times, with a new factory starting operation in September 2024.
JOST Werke SE has acquired Hyva, a Netherlands-headquartered producer of hydraulic solutions for commercial vehicles with over 3,000 employees and 14 production facilities. The acquisition expands JOST's presence in Asia and the Americas.
Tri-Wall Group is investing 70 million leva in a new corrugated board and packaging plant near Plovdiv, Bulgaria, through its local unit Tri-Wall Bulgaria, with completion expected by mid-2026 and 250 to 300 jobs created.
ElectroCraft announced the expansion of its Ann Arbor, Michigan facility to increase domestic production capacity for motion control solutions, including a new R&D center and in-house PCBA production.
Medline Industries announced a $250 million investment for a new plant in Nuevo Laredo, Tamaulipas, with 68,000 square meters, creating 3,000 direct and 600 indirect jobs. The first stone was laid on January 30, 2025.
Cementos Progreso Holdings acquired Cemex's operations in the Dominican Republic, including export business to Haiti, expanding its presence to eight countries in Latin America and the Caribbean.
NAMAKOR Holdings acquired Metallomax Inc., a Quebec-based manufacturer of specialized lift platforms and industrial transport equipment.
The Federal Republic of Germany has awarded Bernhard Kuhr GmbH & Co. KG a contract worth €925,682.01 for the installation of cooling and ventilation systems in three new office buildings at the Wilhelmshaven naval base. The contract was awarded on January 20, 2026.