BD Medical (Becton, Dickinson and Company) announced the official opening of its third world-class production base in Yixing, Jiangsu, China. The facility, with a total investment of 1.332 billion RMB, covers 54 mu (3.6 hectares) and 35,000 square meters, and is expected to produce 250 million liters of bottled injections and 400 million prefilled saline syringes annually.
Murata Manufacturing Co., Ltd., through its subsidiary Murata Electronics North America, Inc., has agreed to acquire Sensoride Corporation, a developer of high-resolution radars for automotive, robotics, and drone applications. The acquisition was announced on December 20, 2024.
Vertiv, through its Chinese subsidiary, acquired certain assets and technologies of BiXin Energy Technology (Suzhou) Co., Ltd (BSE), a manufacturer of chillers and heat pumps, to expand its chiller portfolio for high-performance compute and AI applications.
Corruempaques, a corrugated cardboard box maker, inaugurated an expansion of its plant in the Parque Industrial Querétaro, adding a 17,000 m² facility for storage and production that will generate 300 new jobs.
Packaging Corporation of America plans to invest $229 million in a new facility on a 78-acre site on Thornwood Drive in Newark, replacing its South 21st Street sheet plant. The company will keep all 131 employees under an enterprise zone abatement agreement.
Mayr-Melnhof Karton agreed to sell 100% of TANN Group, a tipping paper producer with seven sites and about 730 employees, to Evergreen Hill Enterprise for an enterprise value of EUR 360 million. Closing is expected in Q1 2025.
Rauch North America and The Boston Beer Company updated their production agreement, with Boston Beer paying Rauch USD 26 million by December 23, 2024 to settle contract terms. The changes give Boston Beer more flexibility and better exit options.
MBDA completed the acquisition of the remaining 50% stake in Roxel from Safran on December 19, 2024, bringing the solid propulsion company fully into the MBDA group. The announcement was made on January 8, 2025.
Fiorini Industries S.r.l. acquired 100% of Lovato S.p.A., a historic HVAC components manufacturer near Verona, Italy. The acquisition was announced on 19 December 2024 and published on 2 January 2025.
Snowline Engineering has entered into a long-term strategic partnership with Stark Aerospace to manufacture components and assemblies for the MK 25 canister, part of the MK 41 Vertical Launching System, for the U.S. Navy. The agreement is valued at over $25 million, with options that could bring the total to over $100 million.
GE Vernova T&D India Limited secured a contract worth over INR 4,000 million from Sterlite Power Transmission Limited on December 19, 2024, for the supply and supervision of high voltage equipment. The project is expected to be completed by December 19, 2026.
Ebara Corporation announced on December 19, 2024, the construction of a new production building (K3) at its Kumamoto plant in Nankan-machi, Tamana-gun, Kumamoto Prefecture, Japan. The four-story building with a floor area of about 19,400 square meters will increase semiconductor manufacturing equipment production capacity by 1.5 times, with operations expected to start in the second quarter of fiscal 2025.
Chemplast Sanmar commenced commercial production from Phase II of the Multi-Purpose Production Block at its Custom Manufactured Chemicals Division in Berigai on December 19, 2024.
AUC Group, after acquiring WAWCON assets, now offers clarifiers exceeding 57 feet in diameter for large-scale wastewater treatment plants. In February 2025, AUC will break ground on a 1.6 MGD package plant for Freeport, Texas, featuring the larger clarifier design.
Hydro One Networks Inc., a subsidiary of Hydro One Limited, agreed to purchase an approximately 48% interest in the East-West Tie Limited Partnership from OMERS and Enbridge for $257 million. The East-West Tie Line is a 450-km transmission line in northern Ontario.
China's Huaxin Cement is acquiring Brazilian mineral aggregates company Embu.
Interlink Electronics acquired UK-based Conductive Transfers Limited and Global Print Solutions Limited, including printing equipment and patented processes for e-textiles and wearable technology, along with an 11,000 square foot facility near Sheffield.
ROMCO celebrated the grand opening of its new Amarillo branch, its 17th location in Texas, as the exclusive Volvo CE dealer for the state.
ROMCO Equipment Co. and its parent company SMT acquired Bee Equipment Sales, a construction and paving equipment dealer in Texas since 1981.
James Hardie is nearing the end of a multi-year expansion of its largest manufacturing plant in Prattville, Alabama, which will double production capabilities to 1 billion standard feet of siding annually and double the workforce.
Konecranes Nuclear Equipment and Services secured an additional $15 million order from the U.S. Navy for building 175-ton heavy-lift portal cranes at its New Berlin and Manitowoc facilities, bringing cumulative federal contracts to $244 million. Work will be completed by September 2028.
ENOGIA was selected to supply 10 Organic Rankine Cycle modules for the Ulsan Hydrogen Fuel Cell Park at the LOTTE Chemical Ulsan Plant in South Korea, with a total installed capacity of 1.8 MW. The project is expected to be executed across 2025 and 2026.
The first production line of Rongrong alumina fiber in Baise City, Guangxi, was officially put into operation on December 25, 2024. The total investment is 10.7 billion yuan, with plans for 150 production lines and annual capacity of 12,500 tons.
Tetra Pak's Denton, Texas facility is undergoing an expansion project that will enable it to produce over 10 billion packages annually. The site also completed an expansion of its Technical Training Center in 2024.
Shandong Head Group Co., Ltd. announces plans to invest USD $80 million in a new HPMC empty capsules production facility in the United States, adding over 20 billion capsules per year capacity and creating 200 jobs.
Kloeckner will install a Schuler coil-fed laser blanking line in a 93,700-square-foot addition to its Queretaro, Mexico facility, with production starting in mid-2026.
Kloeckner Metals will build a new 200,000-square-foot aluminum flat-rolled processing facility on the campus of Aluminum Dynamics LLC in Columbus, Mississippi, with an annual capacity of up to 250,000 tons. Ramp-up is planned for Q4 2026.
PTC Industries Limited has completed the acquisition of 100% ownership of Trac Holdings Limited, which owns Trac Precision Solutions Limited, a UK-based precision-machined components provider for aerospace, defence and power generation sectors. The acquisition received UK regulatory approval.
Schaeffler Canada is launching a $13.1 million expansion at its automotive facility in Stratford, Ontario, adding two new assembly lines and creating 44 jobs. The project is expected to be completed by 2018.
ELMAB acquired Mora CNC and will combine it with its existing unit in Falun to form the new business area ELMAB CNC, with a budgeted revenue of over SEK 100 million for 2025.
Amentum was awarded a $279 million contract by the U.S. Air Force to provide aviation operations support, including airfield management and maintenance, at bases in Bahrain, Iraq, Jordan, Kuwait, Saudi Arabia, Qatar, UAE, and the US.
Tranås municipality awarded Jon Stenberg AB a contract for a 5-axis CNC multi-operation machine valued at SEK 1,731,000.
Alco, a newly established aluminum materials company, will invest KRW 250 billion to build a new plant in Gumi's 1st Industrial Complex, with 20 rolling lines to be installed by 2030, creating over 500 jobs.
Raj Cooling Systems inaugurated a new Rs 75 crore manufacturing plant in Naika, Kheda, Gujarat, with a 6 lakh sq ft facility producing 5,000 air coolers per day, increasing capacity fivefold.
PLANTAG Coatings GmbH installed a state-of-the-art production facility in Detmold, Germany, with a 2,500 sqm hall and stirring capacity of up to 35,000 litres per shift, for producing UV-curing and water-based coating systems.
TeraPlast Group, through its subsidiary Polytech Kft, acquired Wavin Hungary's assets for PVC and PE pipe production for EUR 7.04 million. The assets include a facility in Zsámbék with an annual production capacity of 12,000 tons of pipes.
Lloyds Metals and Energy Limited announced the acquisition of a 79.82% equity stake in Thriveni Earthmovers Private Limited for ₹70 crore, to bolster its mining and logistics operations.
Waterland Private Equity has acquired a stake in Groupe GUINIER 1823, an HVAC and electrical engineering company, to create a French leader in energy transition. The deal was announced on December 19, 2024.
Welspun Corp announced a $100 million investment to expand its Little Rock, Arkansas facility, doubling annual production capacity from 175,000 tonnes to 350,000 tonnes. The expansion will enable production of pipes up to 24 inches in diameter and X80 grade, and is scheduled for completion by March 2026, creating 175 new jobs.
Bulgarian engineering firm Oscar-El has begun construction of a third production hall in Bozhurishte, near Sofia, to increase its capacity for electrical panels by at least 40%. The investment is 4 million levs.
INT Medical Instruments Co., Ltd. announced its intention to acquire at least a 51% stake in Hangzhou Weiqiang Medical Technology Co., Ltd. for a total of RMB 230 million, comprising an initial upfront payment of RMB 30 million and a capital investment of RMB 200 million.
Hydro has decided to invest NOK 200 million in a new sow casting line at its Husnes primary aluminium plant in Norway. The highly automated line will have a capacity of 100,000 tonnes per year, adding flexibility to produce sow ingots. Construction is expected to start in 2025, with completion scheduled for the first quarter of 2026.
Turkish steelmaker Bilecik Demir Çelik Sanayi ve Ticaret A.Ş. has applied for an environmental impact assessment for a project to increase its melt shop and rolling mill capacity in Bozüyük, Bilecik. The investment cost is TRY 95 million ($2.7 million), aiming to raise annual liquid steel capacity from 245,856 mt to 400,000 mt and rolling mill capacity from 238,038 mt to 388,000 mt.
Eiliton, a medical laboratory equipment company, launched a fourth production line for vacuum blood collection tubes at its site in the Dubna Special Economic Zone, Moscow Oblast. The investment was 60 million rubles, and the new line adds capacity of 5 million tubes per month, increasing total capacity to 12 million tubes per month.
Friedrich Vorwerk Group SE, as part of a joint venture, was awarded a contract by Open Grid Europe to build a 36 km section of the Wardenburg-Drohne natural gas transmission pipeline in Germany. The contract value is in the low three-digit million euro range.
Toray Industries announced a ¥56 billion investment plan to build a gigawatt-class mass production system for hydrocarbon-based electrolyte membranes used in water electrolyzers, selected by Japan's Ministry of Economy, Trade and Industry. The project aims to achieve a production capacity exceeding 10 GW in terms of water electrolyzer capacity by fiscal 2028.
Condensia opened a new 5,000 m² chemical plant in Polinyà, Spain, financed by an ICF Eurocrèdit loan. The plant is expected to increase production capacity from 4,000 tonnes to 12,000 tonnes within two years, and up to 20,000 tonnes after the full relocation.
Qifan Cable and its joint venture partner Shanghai Kangyi Ocean Engineering Co., Ltd. won a bid for the 66kV submarine cable supply and installation for the Yangjiang Fanshi-1 offshore wind power project, with a total value of CNY 416 million.
Hoshizaki Corporation signed an agreement to acquire 51% of shares in ASIA REFRIGERATION INDUSTRY JOINT STOCK COMPANY (ARICO), a Vietnamese industrial refrigeration and food equipment manufacturer, to establish its first Southeast Asian production base.
The New York Power Authority awarded a $70.6 million contract to REEL COH, Inc. for two new gantry cranes at the St. Lawrence-FDR Power Project in Massena, New York, including upgrades to 100-ton and 350-ton capacities.