Bradken sold its Specialty Products North America (SPNAM) business to investment firm TerraMar Capital. SPNAM manufactures castings for defense, rail, and industrial markets.
MetroPac Water Solutions signed an MOU with Hitachi Asia to jointly develop wastewater treatment plants and upgrade existing facilities in the Philippines.
Chinese PET plastic manufacturer Wankai New Materials, a subsidiary of Zhink Group, pledged to establish a PET resin factory in Cilegon, Indonesia, with an initial investment of $300 million. The facility will have an annual production capacity of 750,000 tons and will be built in three phases in partnership with Ineos Aromatics Indonesia.
Western Carriers (India) Ltd won a four-year, Rs 139 crore material handling contract from Vedanta Ltd for import, finished goods domestic, and export material handling operations at Vedanta's Jharsuguda plant in Odisha.
Power Mech Projects secured a Rs 2.94 billion contract from Adani Power for overhauling and performance guarantee testing of steam generators and turbine generators at the 2x660 MW Korba Phase-II thermal power project in Chhattisgarh.
Grupa Maspex announced an investment exceeding PLN 200 million to build a new production and warehouse hall with technical infrastructure at its plant in Wadowice, Poland. The project will also modernize existing machinery and purchase new production lines. Construction is to start in the first half of 2025.
Siemens, through its Dresser-Rand business, received an order for 11 HOS high-speed reciprocating compressors from a Permian Basin customer, bringing that customer's total since 2012 to 106 units.
Converteam was awarded a contract to supply nine Variable Speed Drive systems to PetroChina for the West-East Gas Pipeline Project in China. The article is dated 3 January 2025.
McKinley Packaging, a subsidiary of Bio Pappel, has opened a 500,000 sq ft corrugated box manufacturing plant in Lancaster, Texas, its seventh US packaging plant, expected to employ about 125 people at full capacity.
Mokveld has been awarded the subsea anti-surge control valves for the Åsgard Subsea Gas Compression Project offshore Norway.
Baker Hughes received an order from Bechtel Energy to supply gas technology equipment, including eight refrigeration compressors and eight expander compressors, for two liquefaction trains of Woodside's Louisiana LNG project with 11 Mtpa phase 1 capacity.
Cameron and CNPC agreed to establish a joint venture to manufacture pipeline ball valves, mainly for CNPC's pipeline build-out across China over the coming decade.
Yangzijiang Shipbuilding Group selected TMC Compressors to equip six methanol-fuelled 9,000 TEU container vessels being built for Maersk, with delivery scheduled between 2026 and 2027.
Weilong Delicious Global (HKG:9985) renewed its agreement to buy food packaging materials from Luohe Delong Color Printing Development for three years, running from Jan. 1, 2025 to Dec. 31, 2027.
Ace Electronics Defense Systems was awarded a $3.6B indefinite-delivery/indefinite-quantity multiple-award contract by the U.S. Navy for SeaPort Next Generation engineering and program management support services. The contract was announced on January 2, 2025, and work is expected to be completed by January 2030.
Spanish transformer manufacturer IMEFY and Chinese partner Yangdian Science & Technology signed a shareholder agreement to establish a joint venture in Taizhou, China. The JV aims to produce 10,000 oil-immersed transformers and 10,000 transformer cores annually within 5.5 years.
Shandong Longhua New Materials' subsidiary Longhua High Materials began trial production of the first phase of its 108,000-tonne-per-year PA66 project in Zibo, Shandong. The first phase has a capacity of 160,000 tonnes per year.
One Equity Partners finalized its investment in EthosEnergy, a provider of aftermarket MRO and outsourced operations and maintenance for power generation and industrial customers. The company employs over 3,600 people across 23 global sites.
Boeing announced plans to expand its two existing campuses in North Charleston, South Carolina, with $1 billion in infrastructure updates, creating 500 jobs over five years. Operations are expected online in early 2027.
Sandvik Mining and Rock Solutions will deliver a 36-unit fleet of underground equipment to Compañia de Minas Buenaventura for use at three Peruvian mines. Deliveries will begin in Q3 2025 and continue through Q1 2026.
Becker-Warkop has commenced deliveries of 193 powered roof supports for Warrior Met Coal's newly constructed Blue Creek operation in Alabama, as part of a contract. This is the third set for Warrior Met and the fourth for the US market since 2022.
ZPMC signed a 'daily operating contract' for a bulk material handling system in Morocco.
ADNOC International Germany Holding AG, via XRG (a subsidiary of ADNOC), plans to acquire up to 100% of Covestro AG through a voluntary public purchase offer. The Moroccan Competition Council published a notice on 2 January 2025.
Sikorsky Aircraft Corp. was awarded a $111,636,011 firm-fixed-price delivery order for eight helicopter rotor hub assemblies in support of the CH-53K aircraft. Work will be performed in Stratford, Connecticut, with completion expected by August 2032.
Geismar and JCB have collaborated to launch the GEISMAR x JCB HYDRADIG, a 14-tonne road-rail excavator. The machine was unveiled at Mecateameetings 2023 and is designed for rail operations.
City Cement Co (CCC) has reached an agreement to acquire the entire stake of Umm Al Qura Cement Co by increasing capital through the issue of new shares. The deal was announced on 2 January 2025.
Micropos Medical received an order from Athens Medical Center to purchase a previously rented Raypilot system for approximately SEK 1 million. The hospital will also continue to purchase consumables Raypilot Hypocath and Raypilot Viewcath.
Svenskt Byggmontage AB won a procurement and signed a framework agreement (RAM-avtal) with Borås Stad for the delivery and installation of solar cells. The agreement runs for two years with possible extension.
Skanska signed a contract with Nokian Vesi Oy to build a wastewater treatment plant in Nokia, Finland, worth EUR 35 million (about SEK 400 million). The project includes construction, machinery, HVAC, building electrical, and building automation work for a new treatment plant with four buildings and approximately 12,000 square meters.
SFA (SFA) received an order worth approximately 50 billion won from BGF Logistics to supply logistics center automation equipment, including AI-optimized stacker cranes and auto palletizers, for a new logistics center being built by BGF Retail (operator of CU convenience stores).
Kaka Industries Limited fully commissioned its advanced manufacturing facility in Village Lasundra, Tehsil Kathlal, District Kheda, Gujarat, India. The facility spans 800,000 sq ft and has a production capacity of 40,000 metric tons per annum, a 120% increase from current utilization.
A consortium secured a RMB71.3 million contract to treat municipal sludge in Tongxu County, Henan Province, China.
Doowon Refrigeration inaugurated its first plant in Apodaca, Nuevo León, Mexico, with an initial investment of $18 million. The facility will produce automotive air intake systems, engine air filters, and air conditioning hose and pipe systems, creating 100 direct jobs.
SANY India inaugurated a state-of-the-art factory expansion at its 90-acre manufacturing facility in Pune, India, increasing annual production capacity to over 14,000 units and fabrication capacity over 100,000 metric tons per year.
Amcor completed the sale of its 50% interest in the joint venture Bericap North America for $122 million, with proceeds used to reduce debt.
Prolec GE Waukesha is expanding its Goldsboro, North Carolina facility with a $140 million investment, creating 330 jobs. The expansion will nearly double annual production capacity of medium power transformers from 220 to 420 units.
Troester GmbH & Co. KG acquired Turkish automation company SC Otomasyon, which now operates as TROESTER Robotics. The acquisition was completed in 2025 and strengthens Troester's automation and robotics capabilities for industrial production.
Kumho Mitsui Chemicals (KMCI) commissioned a chlor-alkali plant with e-BiTAC v7 generation electrolysers in Yeosu, South Korea, designed and supplied by thyssenkrupp nucera. The plant has a chlorine production capacity of 60,000 t/a and integrates chlorine and MDI production.
WITRON Group secured new customer contracts with major food retailers including Rewe, Edeka, Coop, TJ Morris, Tesco, Axfood, Walmart and Ahold Delhaize for its OPM end-to-end warehouse automation solutions.
A Square Forklift moved to a new 12,000 m² facility in S&J Industrial Estate, Germiston, Gauteng, with about 9,000 m² under roof. The company officially occupied the premises at the beginning of 2025.
SeAH CSS, a subsidiary of SeAH Besteel Holdings, has developed superalloy technology capable of withstanding 1,650°C, for use in jet engines and gas turbines. The development was completed in January 2025 with Doosan Enerbility and Hanwha Aerospace.
In early 2025, ArcelorMittal commissioned a new state-of-the-art electric arc furnace at its Calvert, Alabama facility, capable of producing 1.5 million metric tons of low-CO₂ steel annually.
Gislaved Energi AB chose to supplement its existing ORC turbine with an additional 99.9 kW ORC turbine and an Againity battery system with a capacity of 500 kW / 1000 kWh in January 2025.
Qufu TEMB Automotive Electric's Intelligent Electroacoustic Products R&D and Manufacturing Facility commenced construction in early January 2025. The project has an annual capacity of 50 million sets of intelligent electroacoustic products and will add over 40 automated production lines.
GCT Global Container Terminals ordered 10 hybrid Konecranes RTGs for its GCT Deltaport terminal and one battery-powered Konecranes RTG for its GCT Vanterm terminal, with delivery by Q3 2026.
Pressta-Eisele GmbH and RSA cutting technologies GmbH have joined forces at the turn of the year 2024/2025 to form Europe's leading specialist for cold circular saws. The combined entity has over 280 employees and annual revenues of around 50 million euros.
AMT Anlagen-Montagetechnik GmbH and MK TEC GmbH merged on January 1, 2025, combining AMT's plant engineering and piping with MK TEC's electrical engineering and installation capabilities to form a full-service provider.
Jakob Müller Group (JMG) acquired 100% of the shares of MEI International, an Italian manufacturer of wide label weaving machines, effective January 1, 2025. The acquisition expands JMG's narrow fabric weaving solutions portfolio.
DIAMANT Polymer GmbH acquired DIAMANT Polymers Inc. in Cincinnati, Ohio, on January 1, 2025, to expand into the North American market and plan future production of polymer products locally.
igus GmbH acquired elko Verbindungstechnik GmbH, a specialist in connection technology, in January 2025. The acquisition expands igus's assembly capacities in drive technology and strengthens its presence in southern Germany.