KP Aerospace Vietnam opened a factory at Da Nang Hi-Tech Park with an investment of USD 20 million. The facility will produce aircraft parts for Boeing 787 and 737 Max, supplying Boeing, Airbus, and Korean Air.
The Romanian anti-trust body cleared Volta Grup's takeover of Electrotehno.
BAE Systems, Leonardo, and Japan Aircraft Industrial Enhancement Co Ltd agreed to form a joint venture (each holding 33.3%) to design, develop, and deliver the next-generation combat aircraft under the Global Combat Air Programme.
Severfield secured a contract with Ørsted to manufacture, assemble, and commission components for the Hornsea 3 offshore wind farm. A temporary final assembly facility will be set up in Teesside.
Kongsberg Automotive secured a 10-year contract worth over EUR 24 million in estimated lifetime revenue to supply coolant system assemblies for luxury EV SUVs. Production will start in 2027 at its Brzesc Kujawski, Poland plant.
On December 13, 2024, Sonaca concluded an agreement to acquire 51% of the aerostructures activities of Spanish specialist Aciturri, with support from shareholders Wallonie Entreprendre and SFPIM. The combined entity aims to become a global leader in aircraft design.
Perstorp Holding AB, a subsidiary of PETRONAS Chemicals Group Berhad, announced on December 13, 2024, that it has acquired 100% of the shares of OQ Chemicals Nederland B.V. from OQ Chemicals GmbH. The deal gives Perstorp full ownership of the Dutch company's production assets, technology, and employees.
Vebro Polymers UK announced on December 13, 2024, that it is moving to a new, larger hybrid manufacturing and office facility at Argyle House in Wilmslow, UK. The new site will boost output by nearly 200% and create several new jobs.
Astra Rafael Comsys Private Limited, a joint venture of Astra Microwave Products, has received a Rs 255.88 crore order from the Ministry of Defence for 93 sets of Software Defined Radios for Su-30 MKI fighter aircraft. The order is expected to be completed within 24 months.
Broshuis B.V. has received an order for 557 Medium Equipment Trailers (METs) for the US Department of Defence, with a total value of $341.2 million. The trailers will be delivered between 2026 and 2031, in collaboration with Oshkosh Defense LLC.
Konecranes has received an order to supply 8 CXT overhead cranes to PT Beka Wire Indonesia's new manufacturing facility in Subang, Indonesia. The order was placed at the end of October 2024, with deliveries and installation scheduled for March 2025.
Ambienta SGR's Fund III sold Wateralia, a water sector consolidation platform created in 2021, to Ambienta IV and Ambienta Water Pumps funds. The continuation fund has a size of 500 million euros.
Daikin Industries Indonesia completed and inaugurated a full-scale air conditioner factory in Cikarang, West Java, with an investment of Rp 3.3 trillion ($206 million). The factory has started production, targeting 1.5 million units annually by mid-2025 and creating 2,500 jobs.
Norwegian seafood processor Sotra Fiskeindustri signed a contract with Marel for a grading solution and a filleting line featuring the MS 2750 machine for salmon and trout processing. The investment aims to increase capacity and efficiency at Sotra's facility near Bergen.
ARDEX Australia officially opened its new Oceania headquarters at The YARDS Estate in Kemps Creek, New South Wales. The $140 million facility includes a powder manufacturing tower, silo tower, research labs, and warehouse, and is targeting a 6 Green Star rating.
The Good Fashion Fund provided a $2 million loan to KKP Fine Linen Private Limited to support the installation of an effluent treatment plant with zero liquid discharge at a new wet processing unit in SIPCOT, Perundurai, Tamil Nadu. The unit will have an installed capacity of 100,000 metres per day.
Emerson held a groundbreaking ceremony for a new plant in the Bafar Norte Industrial Complex in Chihuahua, Mexico. The facility represents an investment of approximately $22.5 million and is expected to generate 600 direct jobs.
BAE Systems, Leonardo and Japan Aircraft Industrial Enhancement Co Ltd (JAIEC) reached an agreement to form a joint venture for the Global Combat Air Programme (GCAP), each holding a 33.3% share. The JV will design, develop and deliver the next generation combat aircraft.
BENTELER Group is building a new automotive plant in Wyoming, Michigan, to manufacture battery trays and other metal components for electric vehicles for a US automaker. Production is scheduled to begin in 2026, creating around 150 jobs.
bp signed a five-year Global Frame Agreement with ABB to supply automation, electrical and telecommunications equipment across bp's upstream and downstream facilities. ABB will deliver an Integrated Control and Safety System with ABB Ability System 800xA.
中控技术 (Zhongkong Technology) won a contract to supply the full-plant control system for Rongsheng New Materials' Jintang New Materials project in Zhoushan, Zhejiang, China. The project involves a 760 billion yuan investment and will deploy 360,000 I/O DCS, 15,000 SIS, and 10,000 GDS points.
Nordifa AB has acquired Sporda Nonwoven, a technical textiles specialist that was declared bankrupt on 18 November 2024, saving jobs in Sporda, Sweden.
Taiyuan Heavy Industry Co., Ltd.'s new energy intelligent forklift manufacturing project in Shanxi, China, has completed the main steel structure of its plant, with annual capacity of 130,000 forklifts.
TMA AUTOMATION Sp. z o.o., a subsidiary of the ENGEL Group, has started construction of a new office and production building near Gdansk Airport in Poland, aiming to double its workforce and expand automation capacity.
Hutchinson has been awarded a contract by Severfield to supply Supported Internal Platforms (SIPs) for Ørsted's Hornsea 3 offshore wind farm, which will be the world's largest upon completion.
thyssenkrupp Materials NA has acquired Cobotix Manufacturing Inc., a precision metal fabricator specializing in copper and aluminum, to expand its automated manufacturing capabilities for EV infrastructure and power generation.
The U.S. Department of Commerce and Bosch signed a preliminary memorandum of terms for up to $225 million in CHIPS Act funding to expand Bosch's silicon carbide device factory in Roseville, California. The expansion will increase production capacity to over 40% of U.S.-based SiC manufacturing and create up to 700 manufacturing jobs.
Shlekler (Shandong) Pump & Valve Manufacturing Co. plans a new valve manufacturing facility in Zhangdian District, Zibo, Shandong, with an investment of about CNY 26.47 million. The project is in design stage with construction scheduled from Q4 2026 to Q4 2028.
TekniPlex Consumer Products opened a 200,000-square-foot specialty molded fiber facility in Van Wert, Ohio, representing a $40 million investment. The company plans to hire at least 100 people at the plant, its eighth specialty molded fiber plant.
Mitsubishi Electric established MELCO HVAC US, Inc. under its US holding company to convert a Mitsubishi Electric Automotive America plant in Maysville, Kentucky into a compressor factory. The investment is about $143.5 million, with production planned to start in October 2027 at a capacity of 1 million units per year.
Ebara Elliott Energy was selected to supply 22 compressor, pump and turbine units for the AMIRAL petrochemical complex at SATORP's Jubail refinery in Saudi Arabia. The contracts were awarded by Hyundai Engineering Company and Maire Tecnimont.
Mondi completed a EUR 90 million modernization of its Mondi Warsaw corrugated packaging plant in Mszczonów, near Warsaw, doubling production capacity and making it the largest corrugated packaging plant in Poland. The upgrade was marked at an event hosted for Polish manufacturers.
Объединенный машиностроительный завод ЛВМ, a nuclear-industry equipment maker, became a resident of the Novgorod special economic zone and plans to produce pump spare parts, pump units and piston compressors for nuclear plants there. The project is valued at RUB 1.3 billion and is expected to create 120 jobs.
Oslo kommune's water and sewage etaten awarded a direct contract worth NOK 5,000,000 (about EUR 428,236) to Aiwell Water AS for valves used in wastewater installations in the Fjellhus-Breivoll area. The award was published on 13 December 2024.
Mitsubishi Electric will invest US$143.5 million to retrofit its Maysville, Kentucky factory to make variable-speed heat pump compressors, with production targeted for October 2027 and initial annual capacity of 1,000,000 compressors. The U.S. Department of Energy is providing a $50 million award.
Suptech Technology completed the acquisition of Sumitomo Chemical's polypropylene composite materials and thermoplastic elastomer businesses in China, including factories in Zhuhai and Dalian, as of December 12, 2024.
Dacke Industri completed the acquisition of 98% of G-TEK AB's shares on December 12, 2024. G-TEK is a provider of Powerpack installations for OEM manufacturers of mobile vehicles in northern Europe, with headquarters in Järfälla, Sweden.
JCBL Marrel Tippers Limited (JML) is expanding its Chennai manufacturing plant in Oragadam to increase production capacity by 25%. The expansion will create 200 jobs and support around 40 new suppliers.
Endurance Technologies Ltd's subsidiary Endurance Overseas Srl signed a Share Purchase Agreement worth €37.74 million to acquire a 60% stake in Stoferle Automotive GmbH and Stoferle GmbH in Germany. The agreement includes call and put options for the remaining 40% stake exercisable from June 2026.
Symbotic announced it has completed the acquisition of OhmniLabs, a Silicon Valley-based robotics solutions innovator for healthcare. No financial terms were disclosed.
Boeing announced plans to spend $1 billion to support increased production of its 787 Dreamliner widebody jets at its South Carolina facility.
JMA Wireless received a nearly $44 million federal grant from the CHIPS and Science Act to expand its research and manufacturing operations in Syracuse, New York. The company will invest $75 million to open a new production line and expand testing capabilities, creating 30 initial jobs with potential for more.
Daimler Truck North America announced a $285 million investment in its Detroit Manufacturing Plant in Redford Township, Michigan, to modernize the facility, support internal combustion engine production, and enhance R&D. The project is expected to create over 400 new jobs.
Smulders, a subsidiary of Eiffage Métal, won an EPC contract from Chantiers de l'Atlantique on behalf of RTE to manufacture jacket foundations for two electrical substations at the Centre Manche 1 and Centre Manche 2 offshore wind farms in Normandy. Each jacket weighs about 7,000 tonnes and supports a 1.25 GW substation.
Sika Emseal announced the addition of a new expansion joint manufacturing plant at 23 Bridle Lane in Westborough, MA, adjacent to its existing facility. The expansion will increase production capacity and integrate the Wabo product line.
JCB will begin construction of a 720,000 sq. ft. factory in San Antonio, Texas, on February 1, 2025. The $184 million project, codenamed 'Project Sky', will create 1,500 jobs and produce lift and access equipment.
AAR and Air France Industries KLM Engineering & Maintenance signed an agreement to form a joint venture in Chonburi, Thailand, to perform next generation nacelle maintenance, repair, and overhaul services.
VINCI Energies acquired ROBO MAT AG, a Swiss manufacturer of special machines and production systems with 52 employees at two sites in Kleindöttingen, Switzerland.
Richardson International is expanding granola packaging capabilities at its South Sioux City, Nebraska oat processing facility, more than doubling capacity. The project will begin immediately and be completed by Q1 2026.
The Capital Region of Denmark selected Sibel Health for a long-term innovation partnership along with Dräger to deploy advanced continuous wireless monitoring in Copenhagen area hospitals. The partnership follows a competitive EU innovation partnership procurement process.