PYBAR Mining received a new four-year contract from AIC Mines for the Eloise Mine Complex project and has delivered a Sandvik DD422i jumbo to the site.
Metso signed an agreement with Gübretas Maden Yatirimlari for a complete gold ore processing plant for phase II of the Sogut project in Bilecik, Türkiye, valued at approximately €70 million.
Dairyland introduced Pakistan's first SIG XSlim 24 aseptic filling machine for cartons, capable of filling up to 24,000 packs per hour, to expand its product range.
Dynamatic Technologies Limited awarded Aequs Private Limited a five-year contract for the supply of over 200 complex structural parts for the Airbus A220 Door Program.
BCNonwovens has acquired 100% of Atex USA from EOS Investment Management Group.
Cimpor Global Holdings signed an agreement to establish a modern gypsum factory in Kribi, Cameroon, with a capacity of 1200 tpd and an investment of EUR 60 million.
Cavagna Group has announced a strategic merger with GasLive, a Brazilian company specializing in respiratory care solutions, to strengthen its foothold in LATAM.
TechnipFMC secured a contract worth between $250 million and $500 million from Shell Nigeria Exploration and Production Company Limited to supply Subsea 2.0 production systems for the Bonga North development offshore Nigeria.
Hawle Austria Group has acquired INNVA AS, a water and wastewater market company in Norway, from AxFlow Group.
Aeris Resources has enlisted MacKellar Group to carry out the Murrawombie open-pit cutback at the Tritton operations in New South Wales, Australia. Mobilisation has commenced and mining is scheduled to begin in early February 2025 under a 14-month contract.
Forgemasters has begun construction of a £350m machine shop on Weedon Street near Meadowhall, Sheffield, to house 17 large vertical turning lathes for making nuclear-grade castings and forgings for the UK defence programme. The building is expected to be complete in 2028.
YIT has signed a project management contract with Hitachi Energy to construct a new production and technology centre in Vikby, Mustasaari, Finland. The EUR 105 million project includes a transformer plant and will double Hitachi Energy's transformer production capacity in Finland.
NITCO Ltd. announced it has secured orders worth Rs 105 crore from real estate firm Prestige Group to supply tiles and marble for multiple projects across India. The order is expected to increase to about Rs 210 crore.
Framatome and Bruce Power signed a contract for digital instrumentation and control system upgrades at Bruce Units 5, 7 and 8 in Ontario, Canada, as part of Bruce Power's major component replacement program to extend the life of its nuclear fleet.
Quanterix agreed to acquire magnetic bead technology developer EMISSION for up to $70 million, including $10 million cash upfront, $10 million in technical milestones, and up to $50 million in performance-based earnouts. The deal is expected to close in January 2025.
Kovdor GOK (Kovdor Mining and Processing Plant) launched a new EKG-20KM excavator on December 18, 2024, as part of its development strategy to increase production capacity and extend mine life by at least 80 years.
Nanya Technology's board approved a strategic partnership with PieceMakers Technology to jointly develop customized ultra-high-bandwidth memory solutions. Nanya will invest up to NT$660 million for up to 38% stake in PieceMakers.
Perstek announced on December 18, 2024, that it has signed a KRW 45.71296 billion supply contract with LIG Nex1 for SA-MSAM 1st batch, with a contract period until March 27, 2031.
Yingtai Medical (01501) announced on December 18, 2024, that it has signed an acquisition意向协议 to acquire at least a 51% controlling stake in Hangzhou Weiqiang Medical Technology through capital increase and share acquisition, with a planned capital increase of no less than RMB 200 million.
Hyster-Yale Materials Handling announced plans to expand its American manufacturing to produce BABA-compliant high-capacity electric forklift trucks and container handling equipment. The company will determine the optimal US production location and expand domestic sourcing.
Frequency Electronics was awarded several contracts totaling approximately $11 million to supply precision quartz oscillators, synthesizers, and receivers for aerospace programs. Deliveries are scheduled through 2026.
MAIRE's subsidiary NEXTCHEM and newcleo signed binding agreements to establish Nextcleo S.p.A., a joint venture (60% NEXTCHEM, 40% newcleo) to develop the conventional island and balance of plant for newcleo's 200 MWe Advanced Modular Reactor. NEXTCHEM will also receive up to 5% of newcleo shares. Closing expected in H2 2025.
TG Missouri, a division of Toyoda Gosei, announced a $97 million expansion of its Perryville, Missouri facility over three years, adding new equipment and automation. The company will maintain at least 1,600 full-time jobs.
Dutch company Nova Paper, affiliated with Turkey's Eren Holdings, acquired 100% of Wolverhampton-based Onboard Corrugated from Klingele Paper and Packaging Group and Paul Jundu. Onboard is completing a second BHS corrugator that will raise capacity to 250 million square metres a year.
RheinEnergie selected MAN Energy Solutions to supply a 150-MW riverine heat-pump system at its Cologne-Niehl power plant, a roughly EUR 280 million project to deliver climate-neutral district heating.
Universal MEP Projects & Engineering Services (UMPESL), a Voltas subsidiary, signed an agreement with Kirloskar Pneumatic Company to deliver energy-efficient centrifugal and screw compressors to the Indian textile industry.
Palm Beach County approved Hoerbiger Corp. of America's plan for a 197,000-square-foot, $60 million manufacturing facility on 23 acres west of Delray Beach, where more than 400 people are expected to work 24 hours a day.
McLaren Packaging is forming a 50/50 joint venture called McLaren Corrugate Limited with VPK Packaging UK & Ireland, combining its Port Glasgow corrugate plant with VPK's East Kilbride site to serve the Scottish corrugated market.
TechnipFMC secured a contract from Shell's subsidiary SNEPCo to supply Subsea 2.0 production systems for the Bonga North development offshore Nigeria. The contract is valued between $250 million and $500 million.
TechnipFMC won a subsea contract from Shell Nigeria Exploration and Production for the Bonga North deepwater project off Nigeria, covering subsea trees, manifolds, jumpers and controls. The contract is reported within a $250m to $500m range, and the award is included in fourth-quarter 2024 orders.
Torishima received a lump-sum order for 59 main pumps from Turkish firm Mapa Insaat for three Saudi water supply projects, the RAK, RCSR and Juranah ISWR projects, for end users linked to the Saudi Water Authority. The order was received in June and July 2024 and announced on 18 December 2024.
Universal MEP Projects & Engineering Services Limited (UMPESL), a subsidiary of Voltas Limited, and Kirloskar Pneumatic Company Limited entered into an agreement to deliver centrifugal and screw compressors to the textile industry in India.
Shanghai Boiler Works, a subsidiary of Shanghai Electric, officially launched a large-scale high-end equipment manufacturing site project in Penglai Wind Power Industrial Park, Yantai, Shandong. The total investment is CNY 2 billion, with the initial phase of CNY 310 million.
GKN Aerospace opened a new 162,000-square-foot repair solutions facility in El Cajon, California, relocating 300 employees and planning to hire 50 more. The company invested about $55 million in construction and machinery.
Sanctuary Systems, LLC will create 118 jobs at a new facility in Fremont, North Carolina, with a capital investment of $4.9 million. The company develops fiber technology and nonwoven materials for health, medical, filtration and thermal insulation products.
ALU Materials, a subsidiary of ALUKO Group, will invest $36 million to renovate an existing facility in Madison County, Tennessee, to manufacture aluminum battery casings for Ford's Blue Oval City, creating 55 jobs.
Jiangnan Mould and Plastic Technology's Mexican subsidiary received an order to supply exterior parts for two new electric vehicle models from an unnamed leading overseas luxury automaker. The contract is valued at CNY 2.7 billion over the models' lifespan, with production starting in February 2027.
NeuroOne Medical Technologies announced a distribution agreement with Zimmer Biomet, receiving a $3 million upfront payment for exclusive commercialization of its OneRF Ablation System.
Seadrill's ultra-deepwater drillship West Tellus was awarded a 1,095-day contract by Petrobras for the Sépia and Atapu fields offshore Brazil, contributing approximately $498 million to backlog. The program is expected to commence in Q1 2026.
MDWerks' subsidiary RF Specialties was awarded a contract from USNR to serve as the global service provider for Mann-Russell radio frequency equipment across USNR's installed base of wood manufacturing companies.
TechnipFMC was awarded a substantial contract by Shell Nigeria Exploration and Production Company to supply Subsea 2.0 production systems for the Bonga North development in Nigeria. The contract value is between $250 million and $500 million.
Belgium's Sonaca plans to take a majority stake in Spain's Aciturri's aerostructures activity, forming a larger diversified supplier in the airframe component industry. Sonaca specializes in metallic structures, Aciturri in composites.
GEWISS announced the acquisition of 75% of TVILIGHT, a smart city lighting control solutions company. The acquisition aims to enhance GEWISS's portfolio and expand market presence in smart lighting.
The Weir Group PLC secured a contract to supply WARMAN slurry pumps and CAVEX hydrocyclones for Teck's Highland Valley Copper Mine Life Extension project in Canada. The WARMAN MCR 760 pump will be the largest mill circuit pump in North America.
ABB opened a new manufacturing and R&D facility in Nottingham, UK, as part of investing in more sustainable operations.
BTX Precision completed the acquisition of A-1 Jay's Machining, A-1 Jay's Sheet Metal, Inotech Laser, Bay Area Grinding and Silicon Valley Precision Cleaning from the Machathil family in San Jose, California.
KMWE Group, a high-tech equipment and aerospace supplier, announced Quadrum Capital as a strategic partner to support further growth, with the transaction expected to finalize in Q1 2025.
Unihold SA notified the Competition Council of Morocco of its plan to acquire 100% of the share capital and voting rights of Forges de Bazas SA, a company active in import, distribution, and rental of handling and construction machinery.
Chinese polymer producer Dawn plans to invest 300 million rubles in a production facility in Yelabuga, Russia, with 100 million rubles for infrastructure modernization, creating 30 jobs and increasing sales to 20,000 tons per year.
NXP Semiconductors entered a definitive agreement to acquire Aviva Links, a provider of ASA-compliant in-vehicle connectivity solutions, in an all-cash transaction valued at $242.5 million.