Clarios secured a contract to supply advanced hAGM batteries for a 2028 model year full-size SUV series from a major US automaker. Production is planned to begin in Q4 2026 at the Toledo AGM plant, with annual volume up to 745,000 units.
Hongchuang Holdings (002379) announced a plan to issue shares to acquire 100% of Shandong Hongtuo Industrial Co., Ltd., a leading aluminum producer with 6.459 million tonnes of electrolytic aluminum and 17.5 million tonnes of alumina capacity. The deal aims to transform Hongchuang from a single aluminum processor into a full-chain aluminum industry leader.
FrenchFood Capital and Unexo have acquired stakes in Groupe JV, a French company specializing in consulting, engineering, distribution, installation and maintenance of industrial equipment for the food industry. Emmanuel Fischer has become the new President of Groupe JV.
SEALSQ has secured a multi-year, multi-million-dollar agreement to supply its VaultIC 408 secure microcontroller for millions of smart meters as part of the UK's Smart Metering Implementation Programme. The collaboration includes DCC, Landis+Gyr, Calisen, Toshiba, and Vodafone.
ABB is buying Siemens Gamesa's power electronics business (Gamesa Electric) in Spain. The business has about 400 employees, factories in Madrid and Valencia, and revenues of around €170 million. The deal is expected to close in the second half of 2025.
L3Harris Technologies has completed the sale of its specialized materials business, Aerojet Ordnance Tennessee, Inc., to BWX Technologies for approximately $100 million. The business produces advanced specialized metal components for defense, aerospace and commercial products.
Ducommun has received a major order from Bayern-Chemie GmbH for electronic cable assemblies for Patriot GEM-T rocket motors. The components will be manufactured at Ducommun's facility in Joplin, Missouri.
SOCAR Turkey plans to invest around $7 billion to establish several new polyolefin production facilities at its Petkim unit in Turkey. A FEED study will be prepared in 2025-2026 with $50 million initial investment, and a final investment decision is expected by end of 2026.
Holland Water has acquired a large part of the activities and assets of PB International, which develops ultrafiltration systems for legionella management.
Lyreco has acquired Groenendijk Workwear, a provider of workwear and footwear solutions based in the Netherlands and operating across the Benelux region.
SOCAR announced plans for a $7 billion investment to establish new polyolefin production facilities at its Petkim unit in Aliağa, Izmir, Türkiye. A FEED study will be prepared in 2025-2026, with a final investment decision expected by end of 2026.
Pritika Auto Industries Ltd has commenced commercial production of new components for a major multinational tractor manufacturer in India, including differential housing assemblies, front covers, and link top link cranks, with an annual business value of approximately Rs. 2.50 crores.
Herrenknecht AG will supply two Mixshield tunnel boring machines, India's largest, for the Versova-Dahisar Link Road in Mumbai.
Aeron has been selected by Özata Shipyard to supply the complete HVAC system, including the AERON Energy Recovery System, for Torghatten Nord's upcoming electric ferries. The ferries will operate on the Festvåg-Misten route in Norway.
Hanmi Semiconductor held the groundbreaking ceremony for its seventh TC Bonder factory in Seo-gu, Incheon. The two-story building with 14,400 m² floor area is scheduled for completion in Q4 2025 and will manufacture TC Bonders for HBM3E memory to be supplied to NVIDIA and Broadcom.
Rollon Corp. will invest $16 million to build a 147,000-square-foot manufacturing facility in Norton Shores, Michigan, to produce advanced linear motion systems. The project is expected to create 43 jobs.
Master Builders Solutions finalized the acquisition of a 51% stake in MBT Teknik Yapı Kimyasalları (MBT Tech), a Turkish construction chemicals company. The closing ceremony took place in Istanbul on December 18, 2024. Financial details were not disclosed.
Pritika Auto Industries secured an annual contract worth approximately Rs 2.5 crore to supply components including Differential Housing Assembly, Front Cover CCF, and Link Top Link Crank to a leading multinational tractor manufacturer in India. The order has long-term visibility of four to five years.
Jorge Fernández, a Basque firm specializing in kitchens, bathrooms and ceramics, announced the acquisition of Loiu Materiales de Construcción (Loiumat), a construction materials company in Bizkaia. Financial details were not disclosed.
Stryker announced a definitive agreement to acquire Inari Medical for $80 per share in cash, representing a total equity value of approximately $4.9 billion. Inari provides mechanical thrombectomy solutions for peripheral vascular diseases.
Jiangxi Xinqile New Material Technology Co., Ltd. plans to build a plant in Suichuan County, Ji'an, Jiangxi, with an annual capacity of 6 million square meters of Teslin mesh fabric. The project has an investment of 35 million yuan and is in the approval stage, with construction expected to start in Q1 2025.
Paloma Rheem Holdings announced a tender offer to acquire all outstanding shares of Fujitsu General, a maker of air conditioning solutions. Fujitsu Limited, holding 44.02% of Fujitsu General, agreed to sell its shares via a share repurchase after the tender offer.
Advanced Micro Devices (AMD) notified competition authorities of its proposed acquisition of 100% of shares in ZT Group Int’l, an ODM of server and storage solutions for data centers. The transaction was notified on 22 November 2024.
ESPO awarded a framework contract for the bulk supply of refuse sacks and bin liners to Sai-Pac (UK) Ltd., Pakex (UK) Plc, and Cromwell Polythene Limited. The contract has a maximum value of £2.27 million and a duration of 27 months.
Jifeng Seat (Changzhou), a subsidiary of Jifeng Co., received a supplier nomination letter from an undisclosed NEV OEM for two seat assembly projects. The projects are expected to start mass production in April and May 2026, with a total lifecycle value of 3.1 billion yuan.
Happy Forgings' Board of Directors approved a capital expenditure of approximately ₹650 crore to set up facilities for heavy weight forged and machined components up to 3,000 kg, targeting non-automotive sectors like power generation, marine, mining, and wind energy. Investment will be made over 2-3 years.
Fuzhou Contek Machinery & Equipment Co., Ltd. won a CNY 42.68 million bid for the COFCO Oils (Changchun) packaging general contracting project, which will build four fully automated oil packaging workshops with high-end automation equipment.
MtronPTI received a year-end order worth over $10 million from a top U.S. Department of Defense prime contractor for a major air defense program. The order includes RF filters and precision clock oscillators, with work taking place in Orlando, Florida through mid-2026.
Fairbanks Morse Defense's Ohio unit American Fan received multiple purchase orders to supply cooling and ventilation fans for ten Flight III Arleigh Burke destroyers, via shipbuilder Ingalls Shipbuilding. Fans are made in Fairfield, Ohio.
Indeed Oilfield Supply, a Houston-based distributor of pressure control equipment, has acquired AWC Frac Valves, a Conroe, Texas manufacturer of API 6A frac valves, from Pelican Energy Partners. The business will operate as AWC Indeed.
SAMSON received official approval to build and operate an electroplating unit at its new site in Offenbach, Germany, adding over 30% capacity for valve surface treatment. The unit is part of the MainChange headquarters relocation from Frankfurt, a project with about EUR 400M total investment.
Fairbanks Morse Defense's Hunt Valve operation received purchase orders totaling $96 million to supply ship service ball valves and forged high-pressure valves for 12 Virginia-class and five Columbia-class submarines.
RMB Corvest and Dlondlobala Capital concluded a management buyout of Nampak Liquid Cartons, Nampak Zambia and Nampak Malawi, which will be held in the newly formed Diversified Liquid Packaging Group.
ESPO published a contract award notice for its packaging materials and pallet supply framework, with Lot 1 awarded to three suppliers. The notice confirms the awards made in the same procurement.
河南慧通芯安科技有限公司 (Huitong Xin'an) started construction of a high-performance AI sensor chip R&D and manufacturing project in the Henan Electronic Semiconductor Industrial Park, Pingdingshan. The project involves a total investment of 260 million yuan and plans to produce 1.2 million chip-level modules per year.
Al Yamamah Steel Industries Co. secured a SAR 97.5 million ($26 million) contract from Trading & Development Partnership to supply steel towers for a 380 kV ultra-high-voltage line project in eastern Saudi Arabia. Supply will start in May 2025.
Intercare Limited, a Middle East hygiene solutions provider, formed a strategic partnership with Kimberly-Clark Professional to distribute premium hygiene solutions in the UAE, Qatar, and Oman.
Yangzijiang Shipbuilding Group awarded TMC Compressors a contract to deliver Smart Air compressed air systems for six 9,000 TEU dual-fuel methanol container ships being built for Maersk, with deliveries in 2026 and 2027.
ESPO, a UK central purchasing body, appointed four suppliers to a packaging materials and pallet supply and collection framework worth £2,000,000, with a contract period from November 2024 to August 2026.
MetalX, LLC plans to invest at least $250 million to develop an aluminum recycling plant in Defiance, Ohio, creating 180 jobs. The facility will include an aluminum scrap shredding and sortation plant and an aluminum rolling slab manufacturing plant.
The Indian Air Force, Ministry of Defence, has awarded Shiva Texyarn a supply order worth US$4.22 million for 16,000 pairs of SUIT PERMEABLE MK V, to be delivered between January 3, 2025 and August 31, 2025.
The Competition Commission of India has granted automatic approval to Avenue India Emergence Pte. Ltd. and Mavco Investments Private Ltd to jointly acquire 100% ownership of MHM Holding GmbH, parent company of Hubergroup, a global leader in printing inks and chemicals.
Ningbo Tuopu Group Co., Ltd. agreed to acquire Wuhu Changpeng Auto Parts Co., Ltd. from Wuhu Chery Technology Co. Ltd. and other sellers for CNY 330 million in cash. The deal was approved by the board on January 3, 2025.
John Bean Technologies Corporation (JBT) has completed its takeover of Icelandic food processing equipment manufacturer Marel. Shares of the combined company, JBT Marel Corporation, began trading on January 3, 2025 on the NYSE and Nasdaq Iceland.
Siemens is building a new production plant for 60-Hertz gas turbines at its existing facility in Charlotte, North Carolina, with an initial investment of approximately $135 million. Production is slated to start in the fall of 2011.
A consortium led by Strabag, with Equitix, has been selected by United Utilities as the preferred bidder for the Haweswater Aqueduct Resilience Programme (HARP), a £2.9 billion project to upgrade a 110km water pipeline system in northwest England. Contract award is scheduled for the first half of 2025.
Caterpillar Inc. plans to significantly increase manufacturing capabilities and capacity for hydraulic excavators at a facility under construction in Victoria, Texas.
Trane Technologies completed its acquisition of BrainBox AI, a developer of autonomous HVAC controls and generative AI building technology. The deal was previously announced on December 18, 2024.
U Plastics, part of the INITIUM Group, acquired a majority stake in Cuthings, a Hasselt-based company specializing in cutting, milling, and folding various materials.
Genesystem secured a $20 million contract with Genetix Biotech Asia to build a diagnostic kit production facility in India and supply TB test equipment and kits. Completion is set for March 28, 2027.