Suzhou Newway Valve announced plans for its subsidiary Newway Fluid Control to build a second-phase expansion with a plant of about 20,000 square meters and at least two new industrial valve production lines, with investment of at least CNY 500 million, subject to shareholder approval.
Schaeffler signed an agreement with XPENG AEROHT to supply stator and rotor assemblies for the flight e-drive system of the 'Land Aircraft Carrier' modular flying car, with mass production planned for 2026.
ORG Packaging acquired 286 million shares of COFCO Packaging at HKD 7.21 per share, totaling HKD 2.061 billion, increasing its stake to 50.08%.
OctoFrost, a leader in food processing equipment, acquired Netherlands-based HiTec Food Systems, a specialist in tailor-made food processing machinery, combining their portfolios in blanching, cooking, chilling, freezing, coating, frying, and grilling.
Canada's Vytal Filtration Technologies has acquired General Filtration, a Concord, Ontario-based company serving brewing, food and beverage, water treatment, chemical, power generation, mining, and petrochemical markets.
Toyota Material Handling and The Raymond Corporation will formally integrate into one company named Toyota Material Handling North America (TMHNA), effective April 1, 2025. The integration will not result in layoffs and aims to leverage strengths of both organizations.
Advantest Corporation announced small minority investments and strategic partnerships with probe-card makers Technoprobe SpA and FormFactor Inc. Advantest acquired 2.5% of Technoprobe's shares and will purchase a minority equity position in FormFactor, with technology and PCB manufacturing collaboration.
Xusheng Group announced that its Mexican plant in Saltillo has received a five-year order worth at least CNY 1.9 billion ($259 million) from a well-known North American traditional carmaker for seven types of aluminum alloy auto parts, including transmission cases and motor housings for an electric vehicle platform. Mass production is expected to start in Q4 2026.
Pexco LLC has acquired Wisconsin Plastic Products, gaining capabilities in extruding giant profiles and complicated hollow profiles with tight tolerances.
Dürr Systems AG has received a major order from Italian battery manufacturer FIB S.p.A. to deliver a giga-coating system comprising four anode and four cathode lines, along with calenders, slitters, and solvent recovery systems, for a battery production facility in Teverola, Italy. The order value is in the upper double-digit million-euro range. Installation is to begin in fall 2025, with production starting in 2026.
Yanmar Holdings Co. Ltd. has completed the acquisition of Claas India Pvt. Ltd. from Claas Group through its joint venture Yanmar Coromandel Agrisolutions Pvt. Ltd. The company has been renamed Yanmar Agricultural Machinery India Pvt. Ltd. (YAMIN) and will produce combines and other agricultural machinery at its factory in Morinda, Punjab, India.
Axius Water, a provider of nutrient management solutions for wastewater treatment, has acquired Aero-Mod, a supplier of mechanical/biological wastewater treatment systems based in Manhattan, Kansas. The acquisition expands Axius's nutrient removal solutions.
BSH Egypt, a home appliance company, is preparing to build its first factory in Africa in 10th of Ramadan City, Egypt, with an investment of €55 million. The plant will produce stoves, with 50% of output for export and 50% for the local market, and is set to open next month.
Toyota Material Handling and The Raymond Corporation will formally integrate into one company named Toyota Material Handling North America, effective April 1, 2025. The announcement was made on January 8, 2025.
ENTRUST Solutions Group completed the acquisition of Maskwa High Voltage, a Canadian engineering firm specializing in electric transmission and distribution. The deal was announced on January 8, 2025.
Zhejiang GMT Group Co., Ltd. completed the acquisition of Alpha Plan GmbH, a German medical technology company specializing in automated production systems for membrane-based filters. The deal closed on January 8, 2025.
ZF announced a major order for brake-by-wire systems, including electromechanical brakes and integrated brake control, from a renowned global vehicle manufacturer. The order was announced at CES on 8 January 2025.
Turner Construction Company completed the acquisition of Dornan Group, an Irish mechanical, electrical, instrumentation and engineering contractor. The closing was announced on 8 January 2025.
Aggregate Industries won a £20 million contract to resurface and maintain Leicester's roads for two years, with options for extensions. The contract was announced on 8 January 2025.
IKO, through its subsidiary Bismarck Granules, will open a new granule facility in Bismarck, Missouri, investing $120 million and creating more than 50 new jobs. Construction is underway with plans to open in 2026.
KARL STORZ, a MedTech company, acquired the medical business of T1V, a US-based visual collaboration software company. The acquisition was announced on 8 January 2025.
LEAP India, a sustainable supply chain solutions provider, acquired CHEP India Private Limited (CIPL), including its assets, customer base and team. The acquisition was announced on 8 January 2025.
PCC SE is investing $540 million to build and operate a chlorine and downstream chemical plant in Pass Christian, Mississippi, co-located on Chemours' titanium dioxide plant grounds. Construction is expected to begin in 2026 and operations in 2028, creating at least 84 jobs.
Oasis Software Solutions (OSS) has officially joined the DPS Group (part of RSE), a provider of automation and process control solutions. OSS, based in Monmouth, Wales, brings experience in the water industry and DCS systems.
Covestro is investing a low triple-digit million euro amount to construct multiple new production lines and infrastructure at its Hebron, Ohio site to manufacture customized polycarbonate compounds and blends, significantly expanding capacity for the American market.
Ardian Semiconductor, through Ardian, completed the acquisition of Synergie Cad Group, a French semiconductor test interface company, acquiring a controlling stake. The deal follows Ardian's acquisition of IBS in October 2024.
Sivers Semiconductors was awarded a $5.4 million chip development program by a leading Tier-1 telecom infrastructure vendor to develop a next-generation beamforming transceiver for mmWave telecom applications, running from Q1 2025 to Q4 2026.
St.Gallisch-Appenzellische Kraftwerke AG (SAK) extended its supply contract with Rauscher & Stoecklin AG for medium-voltage distribution transformers for three years, from 2025 to 2027.
PolyPeptide Group announced a planned doubling of solid-phase peptide synthesis capacity at its Malmö, Sweden site, with an investment of around EUR 100 million and creation of approximately 100 new permanent jobs. Construction is already underway.
Thiess secured a six-year, US$330 million mining contract from Kapuas Bara Utama for a coal project in Central Kalimantan, Indonesia. Mobilisation will commence in early 2025.
Micron Technology broke ground on a new High-Bandwidth Memory advanced packaging facility in Singapore, with an investment of approximately $7 billion. Operations are scheduled to begin in 2026, with capacity expansion starting in 2027, creating around 1,400 jobs initially.
ADVIK, through its Singapore subsidiary, acquired Powersports MTG GmbH, a German manufacturer of motorcycle braking and clutch systems spun off from MAGURA. The acquisition expands ADVIK's product range and customer base in Europe and the USA.
Toyota Material Handling and The Raymond Corporation announced they will formally integrate into one company under the name Toyota Material Handling North America (TMHNA), effective April 1, 2025. The integration will not result in layoffs and includes four major manufacturing plants plus a new 295,000-square-foot electric vehicle facility.
Dezhou Huaxiang New Materials Technology Co., Ltd. won the bid for the geotextile procurement bidding project in the Irrawaddy River Crossing Project, a pre-flood comprehensive protection project for 2025.
Xusheng Group (603305) received a Supplier Letter of Intent from a well-known North American traditional automaker to supply 7 parts including transmission housing and motor housing for the customer's pure electric platform. The project has a lifecycle of at least 5 years with total sales of approximately RMB 1.9 billion, with mass production expected to begin in Q4 2026.
Summit Materials Inc. has entered into a definitive agreement to be acquired by Quikrete Holdings Inc. for $52.50 per share in cash, with a total enterprise value of approximately $11.5 billion including debt. The transaction is expected to close in the first half of 2025.
M31 Technology has been commissioned by C*Core Technology (Suzhou Guoxin Technology) to customize a 12nm GPIO IP for use in an automotive noise-cancelling DSP chip, targeting Chinese automakers.
Naruida Technology Co., Ltd. signed a letter of intent to acquire Tianjin Sigma Microelectronics Technology Co., Ltd. from a group of shareholders for approximately CNY 410 million on January 8, 2025.
Irish water pumping group EPS Group announced the acquisition of Robert Craig & Sons of Lisburn, a 140-year-old engineering firm specialising in niche industrial pumps and fuel pumping equipment.
Fort Smith, Arkansas corrugated packaging maker Corrugated Specialties was acquired by its president Marcus Slavens, who takes over as chairman and CEO from Paul Henson. The sale was announced on 8 January 2025.
Ringmetall SE agreed with the owner family to acquire all shares of Hutek Oy of Nastola, Finland, a producer of bag-in-box packaging, effective 8 January 2025. Hutek generated revenue of about EUR 4 million last year.
Orora has committed roughly AUD 130 million to expand can production capacity at its Rocklea facility in Queensland, adding a new 375ml classic can line that will raise Cans capacity by more than 30% together with other projects. Installation is expected by late FY26.
Flexible Solutions International signed a five-year contract on January 7, 2025, with a US-based company to manufacture food grade products on a non-exclusive basis. The contract is expected to generate $15-30 million in annual revenue, with production starting in about six months after expanding clean room space.
Construction has begun on a new German auto parts plant in Zacatecas, Mexico, with an investment of 400 million pesos (approx. $20M). The plant will create 650 jobs and is located in the Parque Industrial Aeropuerto I in Calera.
NXP Semiconductors has entered into a definitive agreement to acquire TTTech, a leader in safety-critical systems for software-defined vehicles, in an all-cash transaction valued at $625 million.
Aehr Test Systems has received an initial production order from a top-tier automotive semiconductor supplier for a FOX-XP wafer level test and burn-in system for testing GaN power devices. The system is scheduled to ship immediately.
Fluor-owned Virta has acquired the RAHCO Mobile Stacking Conveyor brand and related intellectual property from FLSmidth, expanding its bulk material handling offerings for mining.
NXP has agreed to acquire TTTech Auto, an Austrian technology firm specializing in middleware for software-defined vehicles, in an all-cash deal valued at $625 million.
Veryon has acquired RCMBT, an Ontario-based provider of parts reliability analytics for OEMs, regional airlines, and cargo operators, to enhance its parts forecasting and cost analysis capabilities.
FormFactor has entered into technology partnership and share purchase agreements with Advantest, building on a multi-year collaboration to develop wafer-level test cells for silicon photonics and advanced packaging.