Platinum Elite Holdings has acquired agricultural parts and construction tools supplier Equip Rasen.
Norwegian turnkey rotating equipment specialist Delta-p merged with Haakon Larsen and Greenerway to form Shift Energy Holding, with Delta-p shareholders taking a 50% stake; EY advised.
Velan Inc. was selected by GE Hitachi Nuclear Energy as a supplier for Ontario Power Generation's Darlington New Nuclear Project, North America's first small modular reactor, and signed a Main Services Agreement.
ARI-Armaturen Albert Richter announced the acquisition of Warren Controls, Inc., a control valve company based in Bethlehem, Pennsylvania, to expand its presence in the USA.
Valmet will deliver a new recovery boiler, ash crystallization plant and odorous gas handling system, with automation and control valves, to Klabin's Monte Alegre pulp mill in Brazil, expected to start operating by end-2026. The order value was not disclosed.
The Al-Khair Corrugated Carton Factory, an eco-friendly packaging plant owned by Khair Mohammad, was inaugurated in Quetta, Balochistan, with a PKR 30 million matching grant under the EU-supported GRASP programme.
Gasunie entered a long-term frame agreement with Mokveld Valves to supply control valves for hydrogen delivery stations in the Hynetwork hydrogen pipeline project in the Netherlands.
A filing shows a Hitachi scroll compressor new business platform manufacturing project in Conghua District, Guangzhou, with total investment of 345.85 million yuan and about 68,500 m² of floor space, with construction from June 2025 to December 2026.
Haier Group plans to merge its subsidiary Haier Biomedical with RAAS Blood Products, a major plasma-derived products producer, through a share issuance. The merger aims to create a leading biotechnology company.
Australian mining company Fortescue placed a $400 million order with Chinese heavy equipment maker XCMG for over 100 pieces of battery-electric mining equipment, including wheel loaders, dozers, and semi-trucks. It is the largest single export deal in XCMG's history.
Toyoda Gosei will invest $97 million over three years into its TG Missouri facility in Perryville, Missouri, installing new equipment for automation and new business. The company will maintain at least 1,600 full-time positions.
Honeywell and Lockheed Martin agreed to expand production and repair capacity for the F-35 PTMS unit at Honeywell's Hlubočky plant in the Czech Republic. The industrial partnership agreement was signed in October 2024 and formally launched on December 11, 2024.
MAPNA Group secured a contract with Bidboland Persian Gulf Gas Refining Company to install two additional MGT-40 gas turbine units at the Bidboland power plant in Khuzestan, Iran. The project is slated for completion within 21 months.
Texas Instruments plans to invest more than $60 billion to manufacture billions of foundational semiconductors in the U.S., supporting over 60,000 new jobs across seven planned fabs. The company began production at its newest 300mm fab in Sherman, Texas in June 2025.
Manitex International shareholders approved the merger agreement with Tadano Ltd., under which Tadano will acquire all outstanding shares of Manitex for $5.80 per share in cash. The transaction is expected to close in early January 2025.
Grupo Lusiaves is investing over €20 million in a new food factory in Valado dos Frades, Nazaré, Portugal. The facility will cover over 12,000 m² on a 30,000 m² site and is expected to create over 100 direct jobs.
Micromax Informatics and Phison have launched MiPhi, a strategic joint venture to develop and supply advanced NAND storage solutions in India, targeting AI applications.
Electro-Mechanical, through its Federal Pacific brand, is investing $16.55 million to equip a new 200,000 sq ft production facility in Bristol, Virginia. The first phase is set to go live in early April, and the company plans to hire over 100 new employees.
Rohrdorfer has received regulatory approval to acquire a 49% minority stake in Asamer Kies und Beton (AKB), an Austrian construction materials company. The deal is retroactive to January 1, 2024.
Sodecia S.A. will acquire a 30% minority stake in Huf Group, with plans to increase to a majority stake by 2028. Huf Group specializes in vehicle access and authorization systems for the automotive industry.
ADAMA Agricultural Solutions opened a new chloralkali plant in Israel, representing an investment of tens of millions of dollars. The facility, under construction since 2021, will initially produce 40,000 metric tons of chlorine annually, with capacity to scale to 50,000 metric tons.
ELCEE Group B.V. acquired Chinforce B.V., a supplier of forgings and castings for the truck, trailer, and lifting equipment industries. The acquisition strengthens ELCEE's position in customer-specific mechanical components.
Silicon Box announced a €3.2 billion investment to build an advanced semiconductor packaging and testing foundry in Novara, Piedmont, Italy. Construction is planned to begin mid-2025 with production starting in 2028, creating approximately 1,600 jobs.
AQ Group has agreed to acquire mdexx inductive electronics GmbH, mdexx Magnetronic Devices GmbH, mdexx Magnetronic Devices s.r.o., and Michael Riedel, Transformatorenbau GmbH from Lafayette Mittelstand Capital. The enterprise value is approximately 5x EBITDA for fiscal year 2023 on a cash and debt-free basis, with closing expected in Q1 2025.
Jinghua Micro (688130.SH) announced plans to use its own funds of RMB 200 million to purchase 100% equity of Shenzhen Chipbond Microelectronics Co., Ltd. (ZhiXin Micro) from Shenzhen Chipbond Technology Co., Ltd. The acquisition aims to strengthen the company's MCU product line and smart home appliance control chip business.
Woodward announced it has signed a definitive agreement to acquire Safran Electronics & Defense's electromechanical actuation business based in the United States, Mexico and Canada. The acquisition includes intellectual property, operations assets, talent, and long-term customer agreements for Horizontal Stabilizer Trim Actuation systems.
Micor Tooling has acquired HDS Group GmbH, a German manufacturer of sawblades and sawmill knives with 64 employees based in Remscheid. The acquisition strengthens Micor Tooling's position as a leading manufacturer of circular sawblades.
Icon Water announced a long-term Program Delivery Agreement with a joint venture of Seymour Whyte and VINCI Construction Grand Projects to deliver major projects, including design and construction of a new membrane bioreactor at the Lower Molonglo Water Quality Control Centre in Canberra.
NovaSklo, an EFI Group project, will build a glass factory in Zhytomyr region, Ukraine, with a capacity of 800 tonnes per day and total investment of €230 million. The plant will produce float glass for windows and create over 400 jobs.
EUROJET Turbo GmbH signed a contract with NETMA to deliver 59 new EJ200 engines to the Spanish Air Force. ITP Aero will oversee final engine assembly at its Ajavir (Madrid) facilities, with first deliveries scheduled to begin in 2029.
Deere invested $70 million to build a new 380,000-square-foot factory for excavators.
Deere expanded its seeding facility in Moline, Illinois, by 60,000 square feet with a $10 million investment.
Deere expanded its large sprayer assembly location in Des Moines, Iowa, by 138,000 square feet with a $40 million investment in building and infrastructure.
Deere invested $48 million into renovating 385,000 square feet of manufacturing space at its Harvester Works in East Moline, Illinois, for production of the X9 combine, plus $101 million on equipment and processes.
Deere is expanding its Reman Core Center facility in Strafford, Missouri, by 120,000 square feet with a $13.5 million investment. Construction is expected to break ground in mid-2025.
Airtificial Intelligent Robots has signed a contract worth over €9 million with a German Tier-1 automotive supplier to design, manufacture, and deliver a turnkey intelligent robotic assembly line for electric and hybrid car compressors.
AESSEAL has taken delivery of two DMG MORI NTX1000 robotic cells at its Factory for the Future in Rotherham, UK, as part of a £7.5 million ($9.3 million) order for up to six robots. The cells are expected to be handed over to production by the end of March 2025.
Logicenters and Kitron Sweden have agreed to expand Kitron's factory in Jönköping by approximately 6000 m², bringing total area to about 14000 m² by the second half of 2025.
Ypsomed's production facility in Schwerin, Germany, has started manufacturing the UnoPen prefilled pen injector, expanding capacity to meet global demand. The facility is designed for large-scale manufacturing.
Heracles General Cement Co (Holcim group) has signed a front-end engineering design (FEED) contract with Air Liquide Engineering and Construction for CO2 capture, liquefaction, storage and dispatch facilities as part of the Olympus CCS project in Greece, targeting full operation in 2029.
Nordic Climate Group has acquired IJskoud B.V., a Dutch cooling and climate technology company based in Amsterdam, adding 24 employees and EUR 4.6 million in annual revenue. This is the ninth acquisition in the Netherlands this year.
Shree Cement signed an MoU with the Bihar government to invest Rs 800 crore in a new cement plant in North-East Bihar with an annual capacity of 2 million tonnes.
Steel Strips Wheels has received a nomination for a steel wheel business from a leading European OEM, valued at approximately EUR 15 million, to be executed over six years with series supplies starting from end of 2026.
Evotec has secured its largest-ever contract to supply a module handling system and three ROV handling systems for the subsea vessel Rem Ocean, ordered by Rem Offshore from Myklebust Verft and contracted by DeepOcean. The equipment, valued at nearly NOK 250 million for two vessels, will be delivered in Q3 2026.
Hitachi Energy signed contracts totaling over EUR 2 billion with German TSO Amprion to deliver four converter stations for two HVDC links (Korridor B) connecting wind energy from the North Sea coast to the Ruhr region. The project is expected to be operational from the early 2030s.
SK Hynix has won a large order to supply high-bandwidth memory (HBM) to Broadcom for use in AI computing chips. Supply is expected to begin in the second half of 2025.
Dawon Nexview announced a KRW 4.54 billion contract to supply pLSMB HSB (High Speed Bonder) equipment to a domestic probe card manufacturer. The contract runs from December 20, 2024 to May 31, 2025.
Crucianelli announced a total investment of over ARS 5,000 million (ARS 5 billion) to increase production capacity by 30% to 1,400 seeders per year and add 20% more jobs at its plant in Armstrong, Santa Fe. The investment includes ARS 3,000 million in loans from BICE and is expected to be operational in Q1 2025.
Kongsberg Automotive secured a 5-year contract extension valued at EUR 56 million from a long-standing global Tier 1 automotive supplier to supply stainless steel braided hoses. The products will be manufactured at the Suffield and Grand River plants in the US and the Ramos Arizpe plant in Mexico.
Air Industries Group announced a seven-year contract valued at over $33 million to manufacture and supply complex components for the CH-53K King Stallion heavy-lift helicopter program. The company will invest in new equipment to ramp up production.