Worthington Steel, through its subsidiary Tempel Steel Company, will acquire a 52% stake in Italy's Sitem Group, a European leader in magnetic laminations and die-cast components for electric motors. The transaction value was not disclosed.

Saab Surveillance selected MTEK Industry AB to deliver its MBrain Digital Production System for manufacturing and assembly operations, announced on January 20, 2025.

HD Hyundai Electric announced a 396.8 billion won investment to build a new production facility in Ulsan, South Korea, and a second plant in Alabama, USA, to produce 765 kV ultra-high-voltage transformers, with effects expected from 2028.

WEG has formed a strategic partnership with Elea Data Centers to supply transformers for Elea's 50 MW high-voltage site in São Paulo, part of a $300 million data center project. The transformers will be delivered in mid-2025.

Polish petrochemical group Orlen is negotiating with Grupa Azoty to acquire all or part of the shares in Grupa Azoty Polyolefins, which owns the Polymers Police propylene and polypropylene plant. Due diligence and negotiations are to be completed by March 31, 2025.

Leoni Group inaugurated a new automotive wiring factory in Agadir, Morocco, with an investment of 230 million dirhams. The facility covers 7.6 hectares and is expected to create over 3,000 direct jobs by 2027.

Serve Robotics Inc. has entered into an agreement to acquire Diligent Robotics, a provider of AI-powered hospital delivery robots. Diligent has raised over $100 million and its Moxi robot is deployed in over 25 hospital facilities.

Rheinmetall has been awarded a contract by the German Bundeswehr to supply 568 logistics vehicles, comprising 349 UTF trucks and 219 WLS trucks, with a total value exceeding €330 million. Delivery is scheduled for 2025 and 2026.

Eskom has published a tender worth R3.4 billion for installation, transport, maintenance and commissioning of domestic and industrial air-conditioning and refrigeration systems at various sites in Mpumalanga and Gauteng regions for a 3-year period.

Redwire Corporation has signed a definitive agreement to acquire Edge Autonomy, a provider of uncrewed airborne systems, for $925 million on a debt-free, cash-free basis. The consideration includes $150 million in cash and $775 million in Redwire common stock.

金冠电气 (Jinguan Electric) has been awarded a contract worth CNY 22.36 million by State Grid Corporation of China for surge arresters for the Datong-Tianjin South 1000 kV UHV AC transmission project.

GEON Performance Solutions has acquired Foster Corporation, a compounder of biomedical polymers for the healthcare and medical device industry. The acquisition enhances GEON's position in the medical market.

Osmoflo, in consultation with shareholder Kanadevia Corporation, has announced a strategic investment and exclusive partnership with Aqua Membranes for distribution of 3D Printed Spacer Technology membranes in Australia, New Zealand and Pacific markets.

ANDRITZ has commissioned a teXline bast fiber line at Ekolution's new factory in Malmö, Sweden. The line produces hemp fibers and nonwoven felts from industrial hemp, with capacity of up to 5 tons of feedstock per hour and 1.5 tons of nonwovens felt per hour.

SAMSON AG is investing 400 million euros in its MainChange project, which builds new headquarters in Offenbach am Main, Germany. Chancellor Olaf Scholz visited the site on 20 January 2025 and the company has guaranteed jobs until the end of 2028.

Franco Tosi Meccanica, part of Bruno Presezzi group, won an order from Tecnimont (MAIRE group) to supply three compressors for a gas treatment plant in the Middle East described as the first net-zero-emission project of its kind. Banco BPM provided bonding lines of 25 million euros for the deal.

Hunan Zhongda Energy Saving Pump Industry is producing a water intake pump ship for the Datang Huayin Zhuzhou 2x1 million kilowatt capacity expansion and upgrading project. The vessel is 38.7 m long and can take up to 80,000 cubic metres of water per day.

Dawson Valve plans to start a 500 million yuan smart petroleum equipment project in Huangjian in March 2025, with expected annual output value of 150 million yuan.

Zhejiang Shihua Valve has broken ground on its smart valve factory in Wenzhou Bay New Area, with total investment above 1 billion yuan. The 107-mu site is designed to produce 50,000 sets of high- and low-temperature and precision valves per year after a 500-day build.

Zhejiang Chaoda Precision Manufacturing's 20,000-tonne precision casting and forging project in Lishui has topped out its first phase, with total investment of 1.12 billion yuan. Phase one is scheduled to start production by August 2025 and reach annual output value of nearly 400 million yuan.

Beca HunterH2O, in collaboration with Seymour Whyte and VINCI Construction Grands Projets, has secured a contract to support Icon Water's 10-year Major Projects Delivery program in Canberra, ACT. The first project is design and construction of a new wastewater process at the Lower Molonglo Water Quality Control Centre.

Midea is building a new plant in Rayong, Thailand, to produce variable refrigerant flow (VRF) systems and chillers. The plant, with an investment of 2.26 billion baht ($65.8 million), started construction in 2023 and is expected to commence operations by Q2 2025, with a capacity of 600,000 units per year.

Omaha Public Power District has partnered with Kiewit Corporation to add new natural gas generation and upgrade existing turbines. The project includes three new natural gas units at Cass County Station and one at Turtle Creek Station, each generating up to 225 MW, with construction starting in spring 2025.

Minth Group, a Chinese automotive components manufacturer, announced plans to build a new production base in Inđija, Serbia, to serve as a European manufacturing hub. Production is expected to start by May or June 2025.

Sungrow Hydrogen has been awarded a contract to supply water electrolysis hydrogen production equipment for ACME Group's 320MW green ammonia project in Duqm, Oman. The project will produce 300 tonnes per day of green ammonia and is expected to go into operation in 2026.

Guangdong Hillhouse Triumph Technology Co., Ltd.'s transmission and drive housing project has passed inspection and officially entered the production phase. The project, with a total investment of 503 million yuan, has an annual capacity of 200,000 sets of transmissions and 1 million sets of aluminum cast housings.

HD Hyundai Electric plans to invest 400 billion won ($274 million) to expand transformer production capacity by about 30% at its plants in Alabama, US, and Ulsan, South Korea by early 2026.

ArcelorMittal Nippon Steel India will commission 2 million tonne production capacity of advanced automotive steel products at its Hazira plant by March 2025, with an investment of ₹8,500 crore.

Italian packaging maker Masterpack S.P.A has acquired PC Packaging, based in Anjou, Quebec, and the company will gradually be renamed Masterpack North America. Financial terms were not disclosed.

Satellite Chemical signed an agreement to build a 300,000-ton-per-year super absorbent polymer (SAP) plant in Jiaxing, Zhejiang, China, with a total investment of 1.2 billion yuan, expected to generate over 3 billion yuan in annual output.

Cangreen Food Machinery Equipment Co., Ltd. shipped 30-80Kg/h continuous laboratory production equipment for margarine to Zhongbei Food (Wuhan) Co., Ltd. in Wuhan, Hubei on January 15, 2025.

Uhlmann Group has acquired Goldfuß Engineering GmbH, a robotics and automation company based in Balingen, Germany, as of January 17, 2025. The acquisition aims to expand Uhlmann's packaging solutions offerings.

Volkmann celebrated the groundbreaking on a 48,437-square-foot expansion at its global headquarters in Soest, Germany, to more than double production capacity for pneumatic vacuum conveyors.

Nidec celebrated the inauguration of an expansion of its plant in Reynosa, Tamaulipas, with a $23 million investment and the creation of 384 jobs.

Plate 2000 will inaugurate a new 120,000-square-foot facility in Saint-Lambert-de-Lauzon (Lévis), Canada, in February 2025, representing a $20 million investment.

BMW's plant in Spartanburg, South Carolina has unveiled an expanded assembly line following a nearly $2 billion investment. The expansion increased the assembly hall by over 50% and will enable production of fully electric, hybrid, and internal combustion vehicles.

Corning Incorporated is investing up to $315 million in its Canton, New York facility to increase production of High Purity Fused Silica and EXTREME Ultra Low Expansion glass for semiconductor lithography. The project is expected to create up to 130 new manufacturing jobs and 175 construction jobs.

Ohk Energy (formerly NRG Panel) has acquired Crest Pro Power and Pro-Ex Engineering, providers of renewable technology solutions for commercial and industrial customers in Ireland. This is the fifth acquisition for the Ohk Energy Group.

Inspira Technologies OXY B.H.N. Ltd. has partnered with Zriha Medical Ltd. to establish a production line for a flow mechanism used in Inspira's respiratory support system. The line will be set up at Zriha Medical's facility.

Genesis Products has been named the exclusive supplier of Gurit's Kerdyn PET structural foam core for office and commercial interior applications in North America under a long-term supply contract.

VDL De Meeuw, a subsidiary of VDL Groep, has been awarded a €200 million contract by the Belgian government to build modular detention houses. The contract covers 1,100 living units over four years.

Aker Solutions has been awarded a contract by Statkraft to supply electromechanical equipment for the new Svean hydropower plant near Trondheim, Norway. The project includes three Francis turbine units and is expected to be completed by the end of 2027.

GlobalFoundries plans to invest approximately $575 million to build a new NY Advanced Packaging and Photonics Center in Saratoga County, New York, supported by an additional $75 million from the CHIPS and Science Act. The project is expected to create 100 new jobs.

The U.S. Department of Commerce finalized a $93 million award to Infinera under the CHIPS and Science Act to support construction of a new fab in San Jose, California, and a new advanced test and packaging facility in Bethlehem, Pennsylvania. The projects are expected to create 500 manufacturing jobs and 1,200 construction jobs.

Strohm has been awarded a contract to supply 33 km of thermoplastic composite pipe flowline for Aramco's Fadhili gas plant in Saudi Arabia. The pipe will be used for rich mono ethylene glycol transport and is due for delivery in September 2025.

Eberspächer Sütrak is set to produce its CO2-based AC138 EVO HVAC unit for electric buses at a new production facility in Przylesie, Poland. The facility adds 12,500 m² of space and enables annual output of up to 20,000 units.

SNT Energy's Saudi subsidiary SNT Gulf completed the second expansion of its factory in Dammam, Saudi Arabia, tripling production capacity compared to 2012. The expansion enables increased production of air coolers, HRSGs, and condensers for power generation equipment.

Consolidated Contractors Company (CCC) signed an agreement for the construction scope of work on Saudi Aramco's Fadhili Gas Increment Programme, Package 4 in Jubail, Saudi Arabia, a project valued at over $7 billion.

NISSEI PLASTIC INDUSTRIAL CO., LTD. completed the factory expansion of its US production base in Texas. The added building will be operational from February 2025, enabling assembly of injection molding machines with clamping force up to 29,400 kN (3,000 tons).

Fuda Shares announced on January 17, 2025, that its wholly-owned subsidiary will invest in a project to add 50,000 tonnes per year of high-precision forged parts capacity, specifically high-precision crankshaft forgings, to meet market demand and support new energy business.