EssilorLuxottica has entered into an agreement to acquire Espansione Group, an Italy-based med-tech company specializing in non-invasive medical devices for dry-eye and ocular diseases. The transaction is subject to regulatory review.

Jolt Capital has acquired the intellectual property design activities for power management and analog signals from Dolphin Design's division, previously part of Soitec, for nearly CAD 40 million. The acquired business will operate as Dolphin Semiconductor in Quebec.

IMEFY has signed a three-year contract with Stadtwerke Düsseldorf for the supply of distribution transformers, strengthening IMEFY's presence in the German market.

Stonepeak has entered into a definitive agreement to acquire Forgital Group, a manufacturer of advanced forged components for aerospace and industrial markets, from Carlyle. Forgital operates nine facilities in Italy, France, and the United States.

Relement has entered into a purchasing agreement with Worlée Chemie GmbH for a fixed quantity of bio MPA, a biobased raw material for coating resins. Bio MPA will be produced via contract manufacturing by the end of 2025.

Drydocks World, in partnership with GE Vernova, has been awarded a project by 50Hertz to build and install the Ostwind 4 offshore wind grid connection in the Baltic Sea. The 2 GW HVDC project will include offshore and onshore converter stations and a 110 km cable system.

ASCO has embarked on a multi-million-pound fleet upgrade programme, adding a new Liebherr crane to its facilities at Aberdeen Port and overhauling its forklift fleet across UK bases with eco-friendly 16-tonne forklifts.

Mark Climate Technology, a portfolio company of Bolster Investment Partners, acquired Heber GmbH, a German provider of customized ventilation and air handling systems. Both companies will continue to operate under their existing names.

Club Deal OMH7, promoted by Studio Sebastiani and Ocean Merchant Industrial Partners, acquired a majority stake in Puro Water Technology, a water technology company based in Parma, Italy. The Delsante brothers re-invested in the minority and retain operational management.

NEXTCHEM, through its subsidiary MyRemono, signed a toll manufacturing agreement with Röhm for the chemical recycling of PMMA scrap into ultra-pure monomers. MyRemono will build a first-of-its-kind industrial-scale plant in Italy, expected to be completed by 2026, with an investment of approximately €15 million.

GE Vernova, in consortium with Drydocks World, has been awarded the Ostwind 4 project by 50Hertz to design, build and commission a 2 GW HVDC transmission system connecting offshore wind farms in the German Baltic Sea to the grid. The project is provisionally scheduled for completion by the end of 2031.

Bilfinger has reached an agreement to acquire Rodoverken Group AB from Induroc AB. The transaction includes Rodoverken's prefabrication site in Gródek, Poland, and offices in Stenungsund, Sweden, with around 100 employees. The contracts were signed on December 13, 2024, and closing is expected in Q1 2025.

Diehl Metering has invested eight million euros at its Saint-Louis site to develop a new water meter (Altair V5) and automate production lines. The investment aims to increase production capacity to five million water meters per year.

Novo Nordisk announced plans to invest 8.5 billion Danish kroner to establish a new finished production facility and warehouse in Odense, Denmark. The site will cover over 40,000 m² and produce medicines for rare diseases like haemophilia. Construction has commenced and is scheduled to be completed in 2027, creating 400 permanent jobs.

Séché Environnement, through its subsidiary Alcea, has been selected by the Groupement d'Autorités Concédantes for a new public service delegation contract to redesign, operate and maintain the Waste Recovery and Treatment Facility in Nantes. The contract takes effect on 1 April 2025 for 20 years.

Apro Semiconductor completed a new factory in Gumi, South Korea, with an investment of 72 billion won. The plant will produce 8-inch gallium nitride (GaN) epi-wafers, with annual capacity expanding to 20,000 wafers by 2025, creating 50-70 new jobs.

SimFer, a joint venture between the Government of Guinea, Rio Tinto and Chalco Iron Ore Holdings, awarded a contract to Komatsu Ltd and BIA Group to supply heavy mobile equipment, parts and maintenance services for the Simandou iron ore project in Guinea. The contract includes investment in local community projects.

Scottish Hydro Electric Transmission plc awarded a contract for the design, manufacture, delivery, installation and commissioning of one super grid transformer at Farigaig Substation. The contract was awarded via a negotiated procedure.

Universal Tank & Fabrication plans a $7 million expansion in Dubuque, Iowa, adding a 28,000-square-foot facility and creating 15 new manufacturing jobs. The project aims to increase capacity and streamline production of custom pressure vessels and tanks.

Chief Minister Mohan Majhi announced plans for a Rs 40 billion cement factory in Malkangiri district, Odisha, expected to create around 2,000 direct jobs. The project is part of broader industrial development efforts in the region.

Delipast will build a medical device manufacturing plant in the Mogilino SEZ, Pskov region, with an investment of 810 million rubles. The plant is expected to start production in Q2 2026, creating 60 jobs and producing over 16 million medical devices annually.

Schaeffler AG, through its subsidiary Industriewerk Schaeffler INA-Ingenieurdienst GmbH, acquired 100% of Dhruva Automation & Controls (P) Ltd., an Indian engineering and service provider specializing in smart industrial automation. The acquisition provides Schaeffler with access to markets in the Asia/Pacific region.

Fengate Asset Management acquired a 50% interest in Freeport Power Limited, owner of a 440-megawatt cogeneration facility in Texas. The facility provides power and steam to Dow's Freeport chemical complex.

Tempcraft Corporation, a subsidiary of Howmet Aerospace, is expanding its ceramic core die operations in Brecksville, Ohio. The $17 million investment will create 60 jobs and retain 240 jobs, with operations expected to begin in Q2 2025.

Iteko Kran signed a contract with VMK-Invest to supply three overhead cranes for an anodizing and painting shop for aluminum profiles. This follows a previous delivery of 10 cranes earlier in 2024.

Aebi Schmidt Group and The Shyft Group announced a definitive all-stock merger. Aebi Schmidt shareholders will hold 52% of the combined company, which will list on NASDAQ and maintain headquarters in Frauenfeld, Switzerland.

Nobian Industrial Chemicals B.V. won a €2.8 million contract to supply metal salts (iron(III) chloride solution) to Wetterskip Fryslan for water treatment. The framework agreement was awarded on 16 December 2024 and runs for two years with two one-year extensions.

Spanish carton printing group Alzamora has acquired Offset Print & Packaging of Aylesford, near Maidstone, UK. The combined businesses will have 300 staff. The deal value was not disclosed.

Portuguese packaging manufacturer Intraplás announced a new production plant in Van Wert, Ohio, with a total investment of around €40 million. The plant will use extrusion, thermoforming and printing technology, is scheduled to start operations in summer 2025, and will create more than 50 local jobs.

Ball Corporation has acquired European impact extruder Alucan for €82 million ($88 million). The deal includes Alucan's plants in Linars del Vallés, Spain and Lummen, Belgium, expanding Ball's capacity for aerosol cans and impact-extruded bottles.

Mitsubishi Electric is investing $143 million to retrofit its Maysville, Kentucky factory to make variable-speed heat pump compressors, with production expected from October 2027 and an estimated capacity of 1,000,000 compressors per year. The US Department of Energy awarded $50 million to MELCO HVAC US for the project.

The Darmstadt regional president handed SAMSON AG the approval notice under federal emissions law for its new electroplating plant at the Offenbach innovation campus. The plant supports valve production and raises throughput by about 30%.

RheinEnergie commissioned MAN Energy Solutions to deliver a turnkey 150 MW river-water heat pump plant at its Cologne-Niehl power plant site. RheinEnergie is investing about €280 million, with operation expected from 2027.

Bell Textron Inc. announced a new 447,000 sq. ft. factory in the Denton County region of Fort Worth, Texas, dedicated to component manufacturing for the U.S. Army's Future Long Range Assault Aircraft (FLRAA). Facility readiness for Low-Rate Initial Production is planned by 2028.

Scott Technology secured its largest ever appliance automation contract in China, valued at about $20 million, with a prominent global Chinese whiteware manufacturer. The contract involves automation of top and front-loader production lines.

Happy Forgings Limited secured a high-value order worth INR 140 crore to supply crankshafts to a leading domestic passenger vehicle manufacturer in India. The contract runs from FY26 to FY31, with deliveries starting in FY26.

Suchi Semicon formally inaugurated its Outsourced Semiconductor Assembly and Test facility near Surat, India, with a capacity to produce 3 million chips per day. Trial production is expected to begin in January 2025, with commercial production in the first quarter of the next financial year.

EPACK Durable Limited commenced construction of an additional manufacturing facility in Sri City, India, as part of its partnership with Hisense. The plant will produce air conditioners, washing machines, refrigerators, and small domestic appliances, with production expected to start by June 2025.

Plibrico celebrated the grand opening of its new state-of-the-art refractory production facility in Oak Hill, Ohio. The facility expands production capacity and enhances operational efficiency for the refractory industry.

Geringhoff, an agricultural equipment manufacturer, is planning a $3.92 million, 40,500-square-foot addition to its facility in St. Cloud, Minnesota. The expansion will provide additional capacity and is expected to be completed in spring 2025.

Aoshen Spandex (via Duzhong Spandex) signed a contract on December 14, 2024, for a spandex fiber and new materials project in Lianyungang, China. The project, with a total investment of 7.5 billion yuan, will produce 220,000 tons/year of spandex and 2,000 tons/year of SPU new materials in three phases.

SIA Ultraplast EU has installed and launched an additional extrusion line for multiwall polycarbonate sheets at its facility in Ventspils, Latvia. The investment doubles the company's manufacturing capacity.

IMI Norgren, a British multinational in control valves, invested approximately R$258 million in a new factory in Sorocaba, Brazil. The facility will expand operations for Latin America and is expected to grow employment from 40 to 700 workers.

PSI Industries is adding 45,000 square feet to its aluminum extrusion facility in Olney, Texas. The expansion will boost production capacity and create at least 50 new jobs.

Sumitomo Corporation, through subsidiary Aver Asia (S) Pte Ltd, acquired 100% of PT Resource Equipment Indonesia, a rental and sales provider of large pumps for Indonesian mining sites. The deal enters Sumitomo into the mining pump market in Indonesia.

Trane Sweden AB was awarded a contract by Öresundskraft AB for rental of air-cooled chillers, valued at SEK 4,560,000. The contract was awarded on December 13, 2024, and runs until October 1, 2028.

Burlington Apparel Fabrics received a maximum $40,720,683 firm-fixed-price contract from the Defense Logistics Agency for poly wool tropical cloth (blue shade 3346). The four-year contract was awarded on 13 December 2024.

Vattenfall Wasserkraft GmbH awarded BN Automation AG a contract worth EUR 6 million to replace the process control system at the Goldisthal pumped storage power plant in Germany. The contract was awarded on December 13, 2024.

The world's first 660 MW high-efficiency ultra-supercritical circulating fluidized bed power generation unit, developed by Harbin Electric Corporation, successfully completed a 168-hour full-load trial operation at the Binchang power plant in Shaanxi, China.

Chemours has signed an agreement with PCC GulfChem, a subsidiary of PCC SE, to build a $540 million chemical plant at its titanium dioxide site in DeLisle, Mississippi. The facility will produce chemical feedstocks, specialty chemicals, silicon and silicon derivatives, creating at least 84 jobs.