In late December 2024, KGHM ZANAM S.A. received an order for HT20 haul trucks to be delivered to underground gypsum mines in the UK in 2025.

Dalian Onoda Cement Co., Ltd, a consolidated subsidiary of Taiheiyo Cement Corp in Dalian, China, announced an agreement to be acquired by Jilin Penglin Industry (Group) Co Ltd.

Elcoline Group Oy completed the acquisition of Fortum's Turbine and Generator Services (TGS) business on December 31, 2024. TGS, with over 170 employees in Finland, Sweden and Germany, had a turnover of EUR 32 million in 2023.

NIU Power Co., LTD (Thailand) celebrated the grand opening of its factory in Bang Lamung, Thailand, on December 31, 2024. The facility, dedicated to producing new energy electrical connectors, will support 50GW of renewable energy projects at full capacity.

Shinva Medical Instrument Co., Ltd announced it will acquire a 36.1913% stake in Wuhan Zhongzhi Biotechnologies Inc. for RMB166.5 million (USD22.8 million) to expand its in vitro diagnostics (IVD) product pipeline.

Henan Weihua Heavy Machinery Co., Ltd. has put into operation a DG550X627m round pipe belt conveyor and two MQ4045 four-link gantry cranes at Huanghua Port, a major coal port in China. The pipe belt conveyor has a length of 627m, conveying capacity of 2500t/h, and pipe diameter of 550mm, the largest in the industry.

AIT Chemical, a sister company of AI Technology, announced its acquisition of Coral Industries, a specialty adhesive manufacturer based in Los Angeles County, California. Coral Industries develops custom adhesive products for aviation, defense, and other specialized applications.

Yunhu Coatings (Jiangsu Yunhu New Material Technology Co., Ltd.) successfully won three framework agreements from Sinopec for 2025: common paint (280 million yuan), water-based industrial paint (67.36 million yuan), and solvent-free paint (49.32 million yuan), totaling approximately 396.68 million yuan (about $55.5 million).

Ningbo Kaite Machinery Co., Ltd. won a bid from Aosen Special Steel Group for 106 sets of tubular and planetary stranders valued at 90 million yuan (approximately $12.3 million) for the first phase of a steel wire rope project with annual production capacity of 100,000 tons.

Leesona, a subsidiary of Lohia Corp, acquired JJ Jenkins in the United States in 2024. No financial details were disclosed.

Lohia Corp acquired OMGM Extrusiontechnik S.R.L. in Italy in 2024 to add monofilament extrusion lines to its product portfolio. No financial details were disclosed.

Skarpenord AS and Xtronica AS formed a new joint venture, Skarpenord Xtronica Pte Ltd, in Singapore to combine valve control and automation technologies for maritime and offshore clients across Asia-Pacific.

Bechtel Energy awarded Baker Hughes a liquefaction equipment order for Phase 1 of Woodside Energy's Louisiana LNG project, covering eight main refrigeration compressors and eight expander compressors for two units of about 11 mtpa combined. The final investment decision is expected next year.

UK aluminium foil tray maker i2r Packaging Solutions has secured an exclusive sole supply agreement to supply Greencore with smoothwall aluminium products and wrinklewall containers, expanding an existing relationship.

International Aluminium Casting AB (IAC) has agreed to acquire the bankruptcy estate of Nyströms Pressgjuteri, a Swedish manufacturer of die-cast aluminum products. The takeover is set for January 8, 2025, with plans to restart operations immediately.

Suez and its partners held a groundbreaking ceremony for the fourth-phase expansion of the Chongqing Tangjiatuo wastewater treatment plant on December 30, 2024. The expansion will add 200,000 cubic meters per day of capacity, bringing the total to 600,000 m³/day, and is scheduled for completion in December 2026.

TROX Air Conditioning Components (Suzhou) Co Ltd received a construction permit on December 30, 2024, for a new plant in Suzhou Industrial Park, China. The project covers 42,000 sqm with a total built-up area of 50,000 sqm and an investment of RMB490 million.

One Equity Partners (OEP) completed its majority investment in Comau S.p.A., a global industrial automation and robotics company, on December 30, 2024. Stellantis N.V. will remain an active minority shareholder.

Teledyne Technologies completed its acquisition of Micropac Industries, Inc. for $20.00 per share in cash, valuing Micropac at approximately $57.3 million. Micropac designs and manufactures microelectronic circuits, optoelectronic components, and sensor and display assemblies for military, aerospace, and medical applications.

One Equity Partners (OEP) completed a majority investment in Comau S.p.A., an Italian industrial automation and robotics company. Stellantis remains an active minority shareholder.

Symbotic/GreenBox Systems plans to invest $144 million to build out 1,000,000 square feet of new space in Jackson, Georgia, creating 300 new jobs. The company expects to occupy the new space on or about November 1, 2025.

Chennai United Metal Industries is investing INR 36.25 crore to expand production capacity at its Gummidipoondi factory near Chennai. The billets plant capacity will increase from 23,760 to 200,000 tonnes per annum, and the re-rolled steel plant from 61,200 to 200,000 tonnes per annum, adding 20 jobs.

Baker Hughes received an order from Bechtel to supply gas technology equipment, including eight main refrigeration compressors and eight expander-compressors, for Phase 1 of Woodside's Louisiana LNG project, with a total capacity of approximately 11 MTPA.

Zebra Technologies has agreed to acquire Photoneo, a provider of 3D vision sensors and AI robotics software, from Photoneo Brightpick Group. The sale proceeds will be reinvested into Brightpick for global expansion.

Hexagon Agility, a business of Hexagon Composites, received an order worth USD 11.2 million from a leading U.S. oilfield services company for Mobile Pipeline TITAN 450 modules to convert well completion equipment from diesel to natural gas.

Baomo Environment, a subsidiary of Baomo Shares, was shortlisted as the top candidate in Sinopec's 2025 framework tender for polyacrylamide II products, with a bid price of CNY 266 million for 77,050 tonnes.

Yamama Cement Company signed a non-binding MoU with Obeikan Investment Group and Sultan Holding Company to establish a holding company focused on investments in Saudi Arabia's metals industry, producing lithium, graphite, and silica.

Honeywell secured a $92 million firm-fixed-price contract from the U.S. Navy to supply F/A-18 Hornet fighter jet spare parts, including landing gear wheels, rotor assemblies, and disk brakes. Work will be performed in South Bend, Indiana, with a five-year ordering period ending in December 2029.

The Defense Logistics Agency awarded contract modifications worth $219 million combined to SupplyCore, I-Solutions Direct and TW Metals to continue delivering commercial metal products to U.S. military branches. The ordering period runs through July 22, 2026.

Sunita Tools Ltd received a work order worth ₹66 lakh from Vijaya Mettalica Incorporated for the supply of CI Casting P05863 and CI Casting C85263.

Climaveneta Climate Technologies, a Mitsubishi Electric group company, is expanding its manufacturing plant in Narasapura, Kolar district, with an investment of over ₹400 crore across two phases. The 2.5 lakh sq. ft. facility will become India's largest chiller manufacturing plant.

NKT is investing approximately EUR 1.3 billion in a new cable-laying vessel and establishing the world's largest factory for high-voltage subsea cables in Karlskrona, Sweden.

Empire State Development is partnering with ITT Inc. on up to $85 million in capital expenditure from 2025 to 2029 at its Seneca Falls, Onondaga and Erie County sites, creating up to 75 jobs. ESD is providing up to $3.25 million through the Excelsior Jobs Tax Credit.

Dongwon F&B approved 165 billion won of investment in a new second Jincheon plant for cold food products and expanded beverage production, with spending periods running to January and April 2026.

Baker Hughes received an order from Bechtel Energy to supply refrigeration compressors, LM6000PF+ gas turbines and expander-compressors for two liquefaction plants with about 11 MTPA capacity in Phase 1 of Woodside's Louisiana LNG project.

Servotech has received an order for 1,100 grid-connected agriculture pumps from UPNEDA, the Uttar Pradesh renewable energy agency, under the KUSUM Component C-1 scheme. The article body is unrelated, so details rest on the headline.

BEI KE YUAN Technology Co., Ltd. and Thien Phu Co., Ltd. commenced construction of a factory producing automotive parts and high-tech equipment in Van Phong Industrial Cluster, Ninh Binh, with total investment of nearly 1,400 billion VND. Operations expected in Q1 2027.

The Eberspaecher Group has opened a new plant in Przylesie, Poland, producing thermal management systems for electric city buses and coaches, with capacity of up to 20,000 systems a year. Production of the AC138 EVO heat pump starts in January 2025.

Rongtian Precision Machinery (榮田精機) is investing NT$190 million to build a new plant at its Neihu site in Kaohsiung, adding 1,300 ping of production space. The plant is expected to be completed and operational in 2026.

The U.S. Department of Defense awarded Williams International a $253.7 million contract to expand gas turbine engine production for precision strike weapons including Harpoon, JASSM, LRASM, and Tomahawk.

Huada Jiutian (Empyrean) plans to acquire 100% of Xinhe Semiconductor via share issuance and cash, making it a wholly-owned subsidiary. The deal fills gaps in EDA tools for chip-to-system design.

Shandong Jitai New Materials Co., Ltd. announced a 360 million yuan investment to build a facility in Tancheng, Shandong, producing 150,000 tons/year of waterborne acrylic resin and other eco-friendly adhesives and sealants.

Jingzhou Napai Chemical Co., Ltd. held a groundbreaking ceremony on December 27, 2024 for a 30,000-ton-per-year amine curing agent and silicone adhesive production line project in Songzi, Jingzhou, Hubei. The project has a total investment of RMB 150 million and is expected to achieve annual output value of RMB 600 million when fully completed.

Kingspan Group acquired a 51% stake in Chilean steel profile and insulated panel manufacturer Villalba Aceros, marking its entry into Chile and expanding its Latin American presence.

Ardent Technologies (rebranded from Compact Membrane Systems) opened a new facility in New Castle, Delaware, with $3.1 million investment, tripling manufacturing capacity for carbon capture membranes.

Meridian Adhesives Group acquired PAS Bangkok Co., Ltd., an adhesive specialist in Thailand, to expand its presence in the Asia-Pacific region.

Ramky Infrastructure Limited secured a Rs 215 crore contract from the Hyderabad Metropolitan Water Supply and Sewerage Board to build 20 sewage treatment plants with a combined capacity of 714.3 MLD, including five years of O&M services.

Xylem has been selected by the Magnolia Pointe Municipal Utility District to design, manufacture and install a new wastewater treatment plant near Josephine, Texas, using its OMNIPAC SBR system with a capacity of 0.5 MGD.

Evoqua Water Technologies was selected by Magnolia Pointe MUD to design, manufacture and install a new wastewater treatment plant near Josephine, Texas, using an OMNIPAC SBR system treating 0.5 MGD, with expected commissioning in late 2020.

Lafayette Mittelstand Capital acquired a majority stake in Diametal Group, a Swiss supplier of high-precision cutting tools and wear parts, effective January 1, 2025, to support international expansion.