Hesai Technology secured design wins for over 10 series production vehicle models from three of China's top five automakers, including Great Wall Motor and Changan Motor, achieving over 100 design wins across 21 OEMs.

Krishna Enterprise signed an agreement with Alberdingk Boley to distribute water-based acrylic dispersions in the Indian market for coatings applications.

Turkish drone maker Baykar has bought Italian aircraft producer Piaggio Aerospace, which had been under special administration since filing for bankruptcy. Financial details were not disclosed.

Unitika announced plans to withdraw from the textile business and find buyers for its nonwovens and fiber units, which generate about 40% of revenues, due to Chinese competition and financial losses.

Hycom Engineering plans to build a third facility in Bidadi, Karnataka, with a Rs 100 crore investment, doubling production capacity from 40,000 to 80,000 units annually by FY29 and creating 250 jobs.

TCL空调在广州南沙区大岗穗港智造基地开工建设智能制造产业园，一期投资不低于16亿元，规划年产800万套空调，预计投产后3年内实现年工业产值100亿元。

K-water signed a memorandum of agreement to acquire shares in Phu My Vinh and GS Minh Hung-Sikico, which operate water supply and wastewater treatment facilities near Ho Chi Minh City, Vietnam. The deal includes technical collaboration and operational support.

Haoneng's wholly-owned subsidiary Chengdu Haoyiqiang plans to invest CNY 300 million to build an intelligent manufacturing center for aerospace components in Qingyang District, Chengdu. The investment agreement was signed on December 27, 2024.

Costecsis has signed a contract with NXP to supply RF communication packages worth KRW 1.6 billion. The order was disclosed on December 27, 2024.

NKT has been awarded two turnkey projects under TenneT's 2GW Program in Germany: LanWin7 and part of NordOstLink. The combined value is approximately EUR 1 billion, covering cable design, engineering, production, and installation.

Hycom Engineering is discussing establishing a third facility in Bidadi with a proposed capital expenditure of ₹100 crore. The new plant is expected to create 250 jobs and help double capacity to 80,000 units annually by FY29.

SMG Group announced the acquisition of Hunter Foundry Machinery Corporation, a global manufacturer of matchplate molding machines and sand casting technology for the foundry market.

The City of Toronto awarded SNF Canada Ltd. a non-exclusive supply contract worth CAD 7,617,400 for water-soluble polymers used in wastewater treatment at Toronto Water plants.

Fingrid Oyj awarded Siemens Energy Oy a contract worth €12,132,000 for the supply of 400kV 100Mvar and 20kV 50Mvar shunt capacitor banks with damping reactors, with deliveries planned between 2026-2027 to eleven substations in Finland.

Nidec Corporation announced a tender offer to acquire all shares of Makino Milling Machine Co., Ltd. for up to 257.2 billion yen, aiming to make it a wholly owned subsidiary and expand its machine tool business.

Zhuhai Zhanchen New Materials Co., Ltd. won multiple framework agreement bids from Sinopec Shanghai Petrochemical Co., Ltd. for waterborne industrial coatings, common paints, architectural coatings, and solvent-free paints, totaling approximately 405 million yuan.

Kem One and Olin have signed a manufacturing agreement where Olin will supply EDC and Kem One will convert it into PVC for Olin's entry into the North American PVC market.

VA TECH WABAG won a Design, Build & Operate order worth about €78 million from Lusaka Water Supply and Sanitation Company to build two advanced wastewater treatment plants in Ngwerere and Chunga, Zambia, funded by EIB and KfW.

ANDRITZ secured a contract to modernize the hot-dip galvanizing line at voestalpine's Linz steel mill in Austria, replacing outdated electrical and automation systems with a unified solution. Completion is targeted by end of 2028.

BioProject Peresvet completed construction of a production facility in Sergiev Posad city district, Moscow region, with an investment of 100 million rubles. The facility will produce capacitive equipment made of composite materials for sewage treatment plants.

Hando Chemical will invest 130 billion KRW to build a TMAH production facility in the Pyeongtaek area of Gyeonggi Province, South Korea. Construction is expected to begin in the second half of 2025, with production starting by the end of 2026.

Mitsubishi Electric Power Products plans to invest $86 million to build out 160,000 square feet of new space in Pittsburgh, Pennsylvania, creating 200 new jobs. The company expects to occupy the space by January 1, 2026.

thyssenkrupp Materials NA has acquired Cobotix Manufacturing Inc., a precision metal fabricator specializing in copper and aluminum, to strengthen its capabilities in automated manufacturing and precision metal fabrication.

PCB maker Global Brands Manufacture Ltd will fully acquire Japanese peer Lincstech Co for about NT$8.4 billion (US$256.9 million) to add high-end PCBs to its product lineups and expand in Southeast Asia.

HSG Laser debuted its groundbreaking 120kW ultra-high-power laser cutting machine at the grand opening ceremony of its new Jinan facility. The machine features advanced technology for improved cutting speed and efficiency.

HSG Laser opened a new manufacturing facility in Jinan, China, with an investment of USD 68.3 million. The facility is part of the company's global production network and aims to support its goal of surpassing 10,000 units in annual global production capacity.

Xinrui Shares announced it will acquire 100% of Chilean company Drillco Tools S.A. for $42 million in cash through its wholly-owned subsidiary Australian Xinrui. The acquisition is funded by internal funds and a capital increase to Australian Xinrui.

Beixin Carpoly won the bid for China Railway Construction Corporation's 2025 material procurement framework agreements for secondary and tertiary materials in North China, Northeast, and East China regions. This is CRCC's first centralized procurement tender for coatings.

SIAM Cement BigBloc Construction Technologies secured a work order from Tata Projects to supply and install 100 mm AAC panels for Micron India's semiconductor factory in Sanand, Gujarat. The order is valued at INR 4.5 crore and covers approximately 200,000 sq ft, to be completed within three months.

Petrobras recontracted the ultra-deepwater drillship West Jupiter for 1,095 days. The contract will contribute about $493 million to Seadrill’s order backlog and is expected to begin in Q1 2026.

Petrobras has awarded Seadrill contracts for two ultra-deepwater drillships, West Tellus and West Jupiter, for work in the Santos basin offshore Brazil. The contracts are each for 1,095 days, expected to begin in Q1 2026, and contribute about $498 million and $493 million respectively to Seadrill's backlog.

East Pipes Integrated Company for Industry (EPIC), an associate of Welspun Corp, received multiple orders from Saudi Real Estate Infrastructure Company (Binyah) and AI Rashid Trading and Contracting Company for manufacturing and supply of steel pipes and coating, valued at SAR 57 million (approx. Rs 130 crore).

SPRY Manufacturing announced the grand opening of its new pilot plant in Andrews, South Carolina, which will serve as the production hub for Swivels custom material handling carts.

SuoShi Chemical held a topping-out ceremony for its 5,000 tons/year powder coating additives project at its production base in Yueyang, Hunan Province, with a total investment of RMB 110 million.

Aercal Aerospace, a Spanish aerospace components manufacturer, has acquired 100% of Talleres Goerri, a Jerez-based company specializing in aeronautical machining. The acquisition is part of Aercal's consolidation strategy backed by Capza.

İzocam, a Turkish insulation manufacturer co-owned by Saint-Gobain and Alghanim Industries, finalized the acquisition of His Yalıtım, a stone wool producer under the Terrawool brand in Kayseri, Türkiye. The acquisition was approved by the Turkish Competition Authority in October 2024.

Xidian Changbian (Changzhou Xidian Transformer Co., Ltd.) began construction on December 24, 2024, of a second-phase expansion project for UHV transformers and reactors, with a total investment of over 300 million yuan. The project will add 100 units of ±1100kV UHV converter transformers and reactors per year.

TAMCO Middle East has substantially enhanced and expanded its Jebel Ali facility in Dubai, adding new manufacturing spaces and high-performance machinery for medium voltage switchgear.

Setl Group will invest over RUB 2.2 billion as investor and technical customer to build a new production facility for Zavod Elektroapparat in the St. Petersburg SEZ. The plant will produce high-voltage electrical equipment.

Weihai Tuozhan Fiber, a wholly owned subsidiary of Guangwei Composites, signed a contract with Customer A for carbon fiber and fabrics totaling CNY 3.664 billion, covering 2024 to 2027.

Air Works Group and Adani Defence and Aerospace signed a binding Share Purchase Agreement for Adani to acquire Air Works at an enterprise value of INR 400 crore.

OOO 'Tsentr Mashinostroyeniya i Metalloobrabotki Roden' will build a plant in Novosibirsk to produce contact welding equipment for reinforcement shops. Investment is RUB 700 million, with 110 new jobs and capacity of 150 units per year.

Sanxing Medical's wholly-owned subsidiary, Bason, won a bid for a distribution transformer supply contract with CEMIG-Supriminas in Brazil, valued at BRL 205 million (approx. CNY 241 million).

Jiangsu Chenggong Valve Technology won a bid worth 479 million yuan from China Huaneng Group for gate, stop, check, ball, butterfly and regulating valves under its 2023-2025 valve framework, Frame 4.

Chroma Color Corp. has acquired Spectra Color Inc., a California-based manufacturer of colorants and precolored resin compounds. The deal expands Chroma's geographic reach and product offerings.

Jerong Electric announced a contract to supply distribution transformers to Public Service Electric and Gas Company (PSE&G) in the USA, valued at KRW 43 billion, from 23 December 2024 to 1 December 2026.

Action Construction Equipment Ltd is in talks with Kato Works to establish a joint venture in India to manufacture truck cranes, crawler cranes, and rough terrain cranes.

CG Power & Industrial Solutions announced that its wholly-owned Indian subsidiary Axiro Semiconductor incorporated a wholly-owned subsidiary, Axiro Semiconductor Inc., in Delaware, USA on 23 December 2024, as part of the proposed acquisition of Axiro Semiconductor.

Cangzhou Bohai New Area High Cohesion Energy Chemical Co., Ltd. plans to invest 175 million yuan to build a 50,000-ton-per-year polyurea (high-end polyurethane and auxiliary materials) project in Cangzhou Bohai New Area, China. The project will be implemented in two phases.

Georg Fischer (GF) is building a new foundry hall at its Sissach, Switzerland production site, investing CHF 11 million. Two-thirds of the investment will go into a second state-of-the-art foundry unit to expand the product portfolio for sustainable drinking water solutions. Completion is expected in spring 2025.