VISENSE, an AI-driven video analytics provider, merged with Octotronic, a smart factory data architecture expert, to form Octotronic AG and launch the OctoCore DataOps platform.

Adani Group-owned Ambuja Cements announced the merger of its subsidiaries Sanghi Industries and Penna Cement Industries via a scheme of arrangement, aiming to consolidate its cement business.

President of Mozambique Filipe Nyusi inaugurated the first cement factory in Niassa province, located in Chimbunila district. The $20 million plant, built with Mozambican and Chinese capital, has a capacity of 200,000 tonnes of Portland cement annually and currently employs 100 workers.

The U.S. Commerce Department finalized $406 million in government grants to Taiwan's GlobalWafers to increase production of silicon wafers in the United States. The funds will support nearly $4 billion in investments for new facilities in Sherman, Texas, and St. Peters, Missouri, creating 1,700 construction and 880 manufacturing jobs.

Falcon Equipment, a provider of sale, service, and parts for commercial trucks and heavy equipment, was acquired by Railway Equipment Leasing And Maintenance (RELAM) in December 2024.

GE Vernova has secured its first order for H-Class natural gas-fired combined cycle power generation equipment in the Caribbean. The equipment will be used for Generadora San Felipe Limited's new 470MW San Felipe power station in Punta Caucedo, Boca Chica, Dominican Republic, expected to commence operations in 2027.

United Microelectronics Corporation (UMC) has reportedly secured an advanced packaging order from Qualcomm for high-performance computing chips, breaking TSMC's monopoly. The chips are expected to enter trial production in H2 2025 and mass production in 2026.

Samvardhana Motherson Automotive Systems Group BV, a subsidiary of Samvardhana Motherson International Ltd., agreed to acquire Brazil-based automotive supplier Baldi Industria E Comercio Ltda for $7.8 million. The transaction is expected to close in Q1 of fiscal year 2025/26.

ELSiB completed acceptance tests of a 130 MW hydrogen-cooled turbogenerator, the first of two manufactured for Novosibirsk TPP-3 under the DPM-2 modernization program. The equipment will be shipped by end of February 2025.

Yokohama Rubber held a groundbreaking ceremony for its Hangzhou Qiantang Yokohama Tire Co., Ltd plant in China. The factory is expected to begin operations in 2026 with an initial capacity of 9 million passenger car tires per year, eventually reaching 14 million tires annually. The investment is reported as US$500 million.

Bharat Heavy Electricals Ltd. (BHEL) emerged as the lowest bidder for the EPC package of Amarkantak Thermal Power Station (Unit-6, 1x660 MW) in Anuppur district, Madhya Pradesh, valued at ₹8,998.39 crore.

Technology providers auxalia and WESTCAM Group are joining forces with immediate effect via a joint holding company, creating a new tech group with around 180 experts.

Aurelius Wachstumskapital SE & Co. KG has filed for merger control approval to acquire all shares and control of Tec-Folien-Allgäu GmbH, a manufacturer of rigid films from amorphous polyester and polyethylene.

Ernströmgruppen AB has acquired 80% of shares in Spica Technology, a Danish provider of electrical solutions for the wind industry. Spica will become part of Ernströmgruppen's Automation & Electrification business area.

Whystler Automation has acquired Plan B Automatisierung GmbH, a German automation solutions provider specializing in special machine construction, assembly automation and plant engineering. Plan B will continue as an independent brand under Whystler Automation.

Kongsberg Automotive has secured a contract worth over EUR 25.5 million in estimated lifetime revenue from a major global EV manufacturer for production of air suspension lines. Production will involve hose manufacturing at its Suffield, US plant and assembly at its Ramos Arizpe, Mexico plant.

Linamar Corporation is investing over CAD 1 billion to expand its operations across Ontario, focusing on advanced powertrain solutions for hybrid and electric vehicles, eAxle systems, and semiconductor packaging for EV batteries. The expansion will create more than 2,300 jobs.

Daikin India has formed a joint venture with Taiwan's Rechi Precision to manufacture AC compressors in Sri City, Andhra Pradesh. Production is expected to start by late 2024.

Grupo ERT will double production capacity at its existing plant in Tangier, Morocco, starting in January 2025, aiming to double revenue in the country to about EUR 20 million.

Portuguese automotive components manufacturer Grupo ERT will build a second production unit in Morocco to meet growing customer demand. The final investment decision will be made in 2025, and the plant could be operational within 12-18 months.

Duguit Technologies has inaugurated La Fabrique, a new production site in Magenta, Marne, France, with an investment of EUR 2.4 million, housing 15 employees transferred from Épernay, to increase production capacity for bottle freezing, robotics, and glass bottle handling.

Pai Machines, a brand of Infra Bazaar Tech Pvt Ltd, has completed the asset purchase of the machinery works manufacturing facilities of L&T Construction Equipment Limited, including a 70-member team, with a plant capacity of over 1,800 units and employing over 300 people.

Kongsberg Automotive has secured a five-year contract worth over EUR 25.5 million in estimated lifetime revenue from a major global EV manufacturer for nylon air suspension lines and connectors, with hose manufacturing at its Suffield, USA plant and assembly at its Ramos Arizpe, Mexico plant.

Daesang Corporation, a South Korean food manufacturer, has accepted a four-unit BVPV pneumatic packer from GREIF-VELOX for filling corn starch into 20-25 kg bags at 600 bags per hour.

Xylem has completed the acquisition of Heusser Water Solutions AG, its long-standing distributor in Switzerland, to expand in key growth markets for water solutions.

Portuguese company Glomak acquired a 100% stake in Polish family-owned Grausch i Grausch Maszyny Budowlane, a seller and servicer of construction machinery and equipment.

BHIC signed a contract worth approximately 50.6 billion KRW to supply two Heat Recovery Steam Generators (HRSG) for a 700MW LNG combined cycle power plant in Sabiya, Kuwait, with Alghanim International.

Plaskolite announced an $11.9 million expansion at its Zanesville, Ohio facility, creating 38 new jobs and increasing production capacity by 85%.

TriStar Digital Thread Solutions has acquired New Vision, a PTC system integration and consulting firm. The acquisition aims to expand TriStar's capabilities in digital thread solutions.

Post Holdings has agreed to acquire Potato Products of Idaho (PPI), a manufacturer of refrigerated and frozen potato products, including a facility in Rigby, Idaho. The deal is expected to close in Q1 2025.

Bell Textron will add an additional aircraft manufacturing center in Fort Worth, Texas, to support the US Army's FLRAA program, creating over 400 jobs with a $429 million capital investment.

South Korea-based ALUKO Group will locate its first US manufacturing facility in Jackson, Tennessee, to produce aluminum battery casings for Ford's BlueOval City, creating 55 jobs with a $36.3 million investment.

BHEL emerged as the successful bidder for a contract from NTPC to establish the main plant package of the 3x800 MW Telangana Stage-II supercritical thermal power plant, and received a Limited Notice to Proceed.

Daikin Airconditioning India and Rechi Precision agreed to establish a joint venture in India to manufacture, design, and sell compressors for the Indian HVAC industry, with operations expected by end of FY2025.

Yinlun Machinery's Mexican subsidiary received a fixed-point order from a European car brand to supply EV battery cooling plates from 2027, with expected revenue of EUR39.2 million.

Trelleborg will inaugurate a new manufacturing unit for aerospace sealing systems at Midparc in Nouaceur, Morocco, on June 9, 2026, with an investment of about MAD 120 million and creating 150-200 jobs.

Prysmian signed a Framework Agreement with French TSO RTE for the EPCI of submarine power cable links connecting the Fos and Narbonnaise offshore wind farms to the grid, with a potential value of €700 million.

Power Grid Components (PGC), a Blackstone portfolio company, acquired Elliott Industries Inc., a maker of custom electrical equipment for utilities and OEMs, based in Bossier City, Louisiana.

Danish motor solutions company Hoyer acquired NowiTek, an automation developer of SCADA platforms and PLC programming, in Q1 2025.

Italian food packaging maker Carton Pack, controlled by UK private equity firm A&M Capital Europe, has taken majority control of Fimat, a Boffalora sopra Ticino (Milan) company specialised in printing and carton packaging production technologies. The report was published on 18 December 2024.

Per sources cited by PE Hub, private equity firm May River Capital plans to launch a sale of wastewater pump manufacturer Industrial Flow Solutions in early 2025, with Baird as sell-side adviser. No deal value has been confirmed.

Bürkert Fluid Control Systems is expanding and modernizing its Gerabronn, Germany plant over about two and a half years. Work includes a new assembly hall for customer-specific systems, modernized solenoid valve production and more storage, with the second phase starting in March 2025.

The Shyft Group and Aebi Schmidt Group announced a proposed merger on December 16, 2024. The combined company is projected to have 2028 pro forma revenue of $2.7 billion and adjusted EBITDA of $315 million.

Polyplastics (Nantong) Co Ltd held the opening ceremony for a new factory in Nantong Economic and Technological Development Area, with a total investment of $561 million, to produce 180,000 metric tons of polyoxymethylene (POM) engineering plastics annually.

Dawn Company Limited plans to invest up to 70 million yuan of its own funds to modify its existing 120,000 tons/year PBAT project (Phase I) to also produce PETG and other copolyester products.

The Maoming Acrylic Acid Industrial Park project officially commenced construction on December 16, 2024, in Maoming Zero-Carbon Industrial Park. The total investment is 11.5 billion yuan. The first phase is expected to be completed by end of 2025, with production ready by May 2026.

Taiwan-based Tailift Group signed an agreement to establish a logistics robotics and smart factory in Wuxi New District on December 16, 2024. The project will produce autonomous transport robots, automated warehouses, and sorting robots.

NOVONIX received a conditional commitment for a $755 million loan from the U.S. Department of Energy to build a synthetic graphite manufacturing plant in Chattanooga, Tennessee, with initial capacity of 31,500 tonnes per annum, creating 450 operational jobs.

FLYHT Aerospace Solutions shareholders voted in favor of the acquisition by Firan Technology Group Corporation. The transaction is expected to close on or about December 20, 2024.

Pacific Manufacturing is expanding in Fairfield, Ohio, by purchasing and doubling the square footage of a new building on its campus. The expansion will create 96 new jobs and add $4.7 million in annual payroll.