Zhejiang Shihua Valve Co. started construction of its Future Super Smart Factory in Wenzhou Bay New District, with total investment above 1 billion yuan. The project expands its valve production, with planned annual output of 50,000 sets of high-end valves, and was reported on 21 January 2025.
Mauser Packaging Solutions added new equipment at its Haiyan, China facility to manufacture UN-certified intermediate bulk containers using recycled plastic. The expansion was announced on 21 January 2025 and no value was given.
PerfoTec signed a major contract with the Eisberg Group, part of Bell Food Group, to support and roll out its packaging technology to all Eisberg sites and packaging lines in Central Europe. The announcement was dated 21 January 2025 and no value was disclosed.
Ingenia Polymers held a grand opening on January 20, 2025, for its newly expanded facility in Brantford, Ontario, adding new office space and a warehouse.
Al Jouf Cement Co signed a SAR 38 million (US$10.1 million) contract with Mohammed Shahi Al-Ruwaili Contracting Est to supply cement and clinker for export to Syria, running from February 2025 to February 2026.
Vaski Group Oy has acquired Ursviken Technology AB, a Swedish manufacturer of press brakes and shears, as of January 20, 2025. The combined companies have nearly €50 million in revenue and over 200 employees.
Frick India Ltd. and Japan's Mayekawa have formed a joint venture to deliver energy-efficient compressor packages in India, with plans to establish a manufacturing plant in Rajasthan. The joint venture ceremony took place on January 13, 2025, in New Delhi.
Vigon International, an Azelis company, signed an exclusive distribution agreement with Natara to offer Natara's botanical extracts and specialty molecules to select customers in North America, effective March 1, 2025.
MicroAire Surgical Instruments acquired NEOSYAD, a medical device company with adipose tissue engineering technology including the AdiMate device and Adipure single-use kit.
Capital Ltd received a Letter of Intent from Barrick to significantly expand its mining services contract at the Reko Diq copper-gold mine in Pakistan, including early works civils and a tailings storage facility contract.
Sany, represented by Andes Motor in Chile, delivered three customized SW956E 100% electric wheel loaders to Excon for use at SQM's operations in the Salar de Atacama, Chile.
Novelis signed a multi-year agreement to supply aerospace-grade aluminum plate and sheet from its facilities in Koblenz, Germany, and Zhenjiang, China, to thyssenkrupp Aerospace for key markets in Europe and Asia.
Weidmann Electrical Technology has started construction on a $44 million expansion of its St. Johnsbury, Vermont plant, adding 21,500 square feet, a new 10,000-square-foot warehouse, and new equipment. The project is expected to create 67 new jobs.
ISO Horti, a horticultural robotics and automation specialist, and TTA, an expert in transplanting and sorting solutions, are merging to form TTA-ISO, addressing growing demand for automation in horticulture.
A consortium of ACWA Power and IC İçtaş İnşaat won the tender for the Khazar SWRO project, a seawater desalination plant with a capacity of 300,000 cubic meters per day near Baku, Azerbaijan. The project will be transferred to the government after 27.5 years.
Dana Lim has been selected as the main supplier of adhesives and sealants to Nordströms, a Swedish professional building materials retailer. The transition will be fully in effect by February 2025.
Danish electrical panel manufacturer Titech Electric A/S is joining Elcor-gruppen, the Nordic region's largest producer of electrical panels for industrial automation. The deal is subject to regulatory approval.
Bruks Siwertell secured a follow-up order from St Marys Cement for an air-supported Tubulator conveyor at its Charlevoix, Michigan plant. The 89-meter conveyor will transfer alternative low-carbon fuels and is scheduled for installation in May 2025.
Gomel Machine Tool and Components Plant (GZSiU) announced plans to invest about 60 million Belarusian rubles ($20 million) in modernizing its production facilities through 2035. The investment will focus on technical re-equipment and updating the machine tool park.
Metso signed a $30 million agreement with Mazoon Mining to supply key process equipment for a copper concentrator plant in Yanqul, Oman. The plant will have an annual processing capacity of 2.5 million tons of copper ore.
Bolton Adhesives announced the acquisition of Repair Care, a Dutch company specializing in sustainable wood repair and maintenance solutions. Repair Care has operations in the Netherlands, the UK and Germany with over 60 employees.
Fibroline, a French developer of dry powder impregnation technology, partnered with textile machinery firm Navis TubeTex to launch a new innovation lab in North Carolina. The lab will provide resources for advanced textiles.
HD Hyundai Samho signed a 205.9 billion won ($158 million) contract with Yeosu Gwangyang Port Authority to manufacture and install eight container cranes for the automated terminal at Gwangyang Port. The project runs from January 2025 to January 2029.
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.