Revolution Sustainable Solutions acquired Island Plastics, a producer of 100% post-consumer recycled LLDPE/LDPE film grade resin based in Flint, Michigan. The acquisition aims to expand Revolution's recycling capabilities and sustainable materials offering.
Industrial company Ages has begun discussions on a merger with the owners of Ekets Group, which would involve Ages acquiring all shares in Ekets in exchange for newly issued shares. No agreement has been reached yet.
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. The joint venture is subject to regulatory approval.
SP Group won a bid to operate and maintain the district cooling and heating system at Future Medical City in Chengdu, China, under a 10-year energy service contract worth 90 million yuan ($16.7 million). The system will be operational by the end of December 2024.
VPK Group commissioned FMW Industries to supply an OCC pulper feeding line and automatic bale wire cutter for its Oudegem facility in Belgium. The system has a capacity of 1,200 BDMT per day and is scheduled for commissioning in October 2025.
Agnico Eagle Mines has agreed to acquire all outstanding shares of O3 Mining at C$1.67 per share in cash, valuing the deal at approximately C$204 million.
The Chantreuil group is building a new plant in Bayeux, France, with an investment of €3.5 million, and acquiring a new automated machining line for €3 million, to increase production capacity by 60% for aerospace and nuclear clients.
Bartell Machinery is expanding its Rome, New York manufacturing facility with 22,400 square feet of new high-bay manufacturing space.
Junma Group has expanded its HMLS (high-modulus low-shrinkage) polyester tire cord production capacity by 20 positions, becoming one of China's largest tire cord manufacturers.
hg medical has signed a binding agreement to acquire ptu medical, a contract manufacturer of bone drills, instruments and implants for orthopedic surgery.
SNF received approval from Madayn to set up a polymer production plant in Oman, part of a previously announced $250 million expansion plan. The facility will produce high-performance anionic polymers for enhanced oil recovery. A Regional Technical Centre in Muscat is set to open in early 2025.
Motorenfabrik Hatz and Hatz Americas announced expansion into AC and DC mobile diesel generators for RV and industrial markets, after acquiring rights from Dometic Italy SPA. Manufacturing of engines continues in Ruhstorf, Germany; final assembly at new facility in Italy.
TKF, a subsidiary of TKH Group, was awarded a turnkey contract by Inch Cape Offshore Limited for 66kV inter-array cables for the 1080 MW Inch Cape Wind Farm off the coast of Scotland. The contract is valued at approximately €200 million.
Nordex Group received an order from Eco-Optima for seven N163/5.X turbines for the 40 MW Sokal Wind Farm in western Ukraine. The contract includes service and maintenance.
HANZA AB signed an agreement to acquire 100% of Leden Group, a Finnish contract manufacturer in sheet metal, machining and complex assembly, with a turnover of approximately SEK 1.1 billion. The purchase price consists of EUR 21 million cash and 2,300,000 HANZA shares valued at EUR 14 million, with potential earn-out up to EUR 15 million.
Dr Narayan Sharma's Oms International announced a Rs 100 crore investment to set up a greenfield robotics manufacturing factory in Durgapur, West Bengal, India. The factory will produce about 150 robots annually.
TAQA Water Solutions awarded a $25.8 million contract to Electro Mechanical Company LLC to develop an advanced SCADA system across its wastewater treatment infrastructure in Abu Dhabi. The project will integrate Siemens' SCADA technology.
Ekstel from Ajdovščina has opened a new nonwoven textiles factory in Sežana, Slovenia. The investment is worth €5.5 million, partly financed with own funds, a long-term loan and a European subsidy. The fully automated production line will enable expansion into filtration, packaging and hygiene industries.
GE Vernova has secured a contract from 50Hertz Transmission GmbH to deliver a 300 Mvar FACTSFLEX GFM solution, a STATCOM with Grid Forming Control, to enhance grid stability. Two units will be deployed at Siedenbrünzow and one at Röhrsdorf substations.
The Reykjavik Procurement Office awarded a contract valued at €103,120,299 to Íslyft ehf. for the purchase of a forklift for SORPA bs. The contract was awarded on 12 December 2024.
Air Industries Group has secured a follow-on contract valued at over $11 million for landing gear assemblies for the U.S. Navy E-2D Advanced Hawkeye aircraft. Production is scheduled to commence in the second half of 2025, with deliveries beginning in the first quarter of 2026.
Bada International Holdings announced on 12 December 2024 that its indirect wholly-owned subsidiary will acquire 60% of Jiangsu Weina Hongxin Semiconductor Co., Ltd. from Shanghai Weina Hongxin Semiconductor Co., Ltd. for a nominal consideration of RMB 1. The target company plans to become a leading manufacturer of laboratory-grown diamonds using microwave plasma CVD technology.
Greenville Manufacturing Kentucky, a maker of equipment for agriculture, forest products and biomass sectors, will relocate to a new $16.2 million facility at Paradise Regional Industrial Park in Muhlenberg County, creating 250 jobs. Construction begins December 2024 and completion is expected in November 2025.
JFE Steel announced it will build a new continuous galvanizing line at its West Japan Works' Fukuyama facility, costing approximately 70 billion yen, with an annual capacity of 360,000 tons. Operations are scheduled to start in October 2028.
Sojo Industries entered a strategic partnership with Blue Chip Beverage to deploy the Sojo Flight™ mobile automation system at Blue Chip's facilities in Salt Lake City, Utah, for tray pack and variety pack packaging.
Toyota Motor Manufacturing Kentucky announced a $922 million investment to build a new advanced paint facility at its Georgetown plant. The facility will add 1 million square feet of capacity and is scheduled to open in 2027.
LifeSemantics announced a merger with Sphere Korea, a tier-1 supplier of special alloys for global private space launch companies. The merger ratio is 1:164.6090535, with LifeSemantics as the surviving entity. The merger is expected to close in Q1 2025.
NEXE Innovations made a second delivery of its BPI-certified compostable coffee pods to Bridgehead Coffee and signed a multi-year master manufacturing agreement initially covering two years.
Petrobras awarded SLB's OneSubsea joint venture a contract, after a competitive tender, for two subsea raw seawater injection systems for the Búzios field offshore Brazil. The systems will support FPSOs P-74 and P-75.
Petrobras awarded SLB's OneSubsea joint venture a contract for two subsea raw seawater injection systems for the Búzios field offshore Brazil, following a competitive tender. The systems will support FPSOs P-74 and P-75.
VPK Group has commissioned FMW Industries to deliver an OCC pulper feed line and an automatic OCC bale wire cutter to its Oudegem plant in Belgium, with a capacity of 1,200 BDMT per day. Commissioning is planned for October 2025.
Medical Dawlia Limited inaugurated Tanzania's first syringe manufacturing factory in Kigamboni, Dar es Salaam. The facility, a Turkish-Egyptian joint venture, produces syringes, IV drips, and polypropylene sutures and has already supplied one million syringes to the Medical Stores Department.
A consortium comprising Entsha Proprietary Ltd (51%) and Zahid Group (49%) has made a firm offer to acquire all shares of Barloworld, the largest Caterpillar dealer in Africa, for ZAR120 per share, valuing the company at ZAR23.3 billion (about US$1.3 billion).
VINCI Energies acquired Leukhardt Schaltanlagen Systemtechnik GmbH, a German manufacturer of industrial switchgear and control systems, on December 11, 2024.
Mesnac announced plans to invest $20 million to build a manufacturing facility in Leon, Guanajuato, Mexico, under the provisional name WYKO Tire Technology Mexico. The facility will manufacture rubber processing equipment and other machinery for mechanical parts and components.
MacKellar Group, part of North American Construction Group, was awarded an early works and development contract by a major copper producer in New South Wales, Australia. The project is expected to generate approximately $100 million in revenue, starting Q1 2025 and completing Q2 2026.
Principal Technologies signed a non-binding LOI to acquire a 70.7% equity interest in Syndermix AG, a Swiss medical research developer, for $44 million. The deal includes three medical technologies.
Stahlbau Nord produced two sections (415 and 680 tons) for the German Navy's second fuel tanker, to be delivered to Neptun shipyard in Rostock-Warnemünde. The contract is part of a €914 million program for two Class 707 tankers.
OmniMax International, a building products manufacturer, acquired Millennium Metals, a manufacturer of roofing accessories headquartered in Jacksonville, Florida. Financial terms were not disclosed.
OpenStore will invest $5 million and create 46 jobs with a new fulfillment center in Kansas City, Missouri.
Texan Cement is shifting its operation at the Port of Brownsville from a regional distribution center to a production facility capable of making 400,000 tons annually of Portland cement. The $42 million investment includes bulk handling equipment and increased storage capacity, creating over 70 jobs.
Constantia Tobepal announced a €14.1 million investment in a new tandem extruder at its Burgos facility in Spain to boost pharmaceutical and food packaging capacity. The line is expected to be fully operational by mid-2026.
Schreiber Foods announced a $211 million expansion in Carthage, Missouri, including a new 168,000-square-foot production facility with state-of-the-art technology, creating 150 jobs.
NPO Ekosistema completed a 140 million ruble expansion of water treatment equipment production in Solnechnogorsk, Moscow region, adding a new production complex and creating 80 jobs.
Diamond Power Infrastructures Ltd board approved acquisition of machinery from four entities for Rs.49.74 crore to support entry into copper wires and cables production.
Canadian miner Borealis Mining Company agreed to acquire all shares of US-based Gold Bull Resources, adding the Sandman gold project in Nevada to its portfolio. The combined entity will be 86% owned by Borealis and 14% by Gold Bull shareholders.
Webuild inaugurated Roboplant 2 in Bovino, Italy, one of the world's largest automated facilities for producing tunnel lining segments for the Naples-Bari high-speed railway. The plant can produce two segments every 7 minutes at full capacity, creating around 450 jobs across four facilities.
Warsaw Chemical is investing in a new 220,000-square-foot facility in Warsaw, Indiana, to support future expansion. The facility will also house production moved from the acquired Magic Finish line.
Korea Aerospace Industries secured a six-year contract extension from Boeing to supply the empennage for the 737 Max, worth KRW 1.13 trillion ($788 million), running from 2027 to 2032.
Çevikbaş Packaging installed two BOBST RS 6003 gravure presses in 2021, increasing capacity by 40% to 18,000 tons annually. The presses run at up to 500 m/min and support flexible food packaging production.