TraPac Oakland awarded Liebherr Container Cranes a contract for two ship-to-shore container cranes, the first Liebherr STS cranes on the U.S. West Coast. The cranes have a 66-meter outreach and 66-long-tonne lifting capacity.
CPI Aerostructures was awarded a $12.1 million contract by L3Harris Technologies to deliver airborne pod structures for the Next Generation Jammer Low-Band program. Deliveries will start in 2025 and extend through 2027.
Thailand's Board of Investment approved a $306 million investment by Foxsemicon, a Foxconn subsidiary, to build factories producing machinery parts and equipment for the semiconductor sector. The project is expected to employ over 1,400 workers.
Veritiv Operating Company completed its acquisition of Orora Packaging Solutions (OPS), the North American packaging and distribution business of Orora Limited. The deal was announced on September 3, 2024, and closed on December 11, 2024.
The Thailand BOI approved a 10.5 billion baht ($306 million) investment by UNIQUE Integrated Technology Co., Ltd., a subsidiary of Foxsemicon Integrated Technology (Fiti Group), to build a factory in Chonburi and Rayong provinces to produce high-precision machinery parts and equipment for the semiconductor industry.
Nordex Group received an order from EPCG for eight N163/6.X turbines for the 55 MW Gvozd Wind Farm near Nikšić, Montenegro. The contract includes a 25-year Premium Service agreement. Delivery is scheduled to start in November 2025, with commissioning expected in spring 2026.
Satinal announced a €3 million investment to install a third production line at its headquarters in Erba, Italy, to increase capacity for STRATO glass interlayers and solar PV encapsulants. The line is expected to be operational in 2025.
Ostem Implant announced it will merge Topplan, its wholly owned subsidiary in implant development and manufacturing, effective January 1, 2025. The merger ratio is 1:0 as Ostem Implant owns 100% of Topplan. Topplan will continue as a separate business department within Ostem Implant.
Saakshi Medtech and Panels received a Letter of Business Award from Mahindra & Mahindra for supply of EV panels, including three years guarantee/warranty. The order is valued at approximately Rs 250 crore (inclusive of GST) over five years until 2029, with completion within 60 days.
Alar Lexiao Industrial Co., Ltd. invested 150 million yuan to build a nonwoven spunlace production facility in Alar, Xinjiang, which began operation in June 2024. The plant has three production lines with an annual capacity of 22,500 tons of functional spunlaced nonwovens.
Jinyu Group, through its subsidiary Wenxi Company, intends to acquire 100% equity of Wenxi Commercial Mixed and Yuncheng Commercial Mixed from Shanxi Xinhaitian Industrial for a total consideration of 71.1335 million yuan. The acquisition aims to expand its commercial concrete business in southern Shanxi.
DKSH signed a non-exclusive distribution agreement with W. R. Grace Trading (Hong Kong) Ltd. to distribute Grace's silica-based specialty chemical products, including matting agents and anti-corrosion pigments, to the Chinese market.
UNIQUE Integrated Technology Co., Ltd., a subsidiary of Foxsemicon Integrated Technology (Fiti Group), received BOI approval for a 10.5 billion baht ($306 million) investment to build a factory in Thailand's Eastern Economic Corridor to produce high-precision machinery parts and equipment for the semiconductor industry. The factory will employ over 1,400 workers.
Marshall Aerospace completed its 1,200th auxiliary fuel tank for Boeing's P-8 Poseidon maritime patrol aircraft, marking a milestone under the contract. The tanks are assembled in ship-sets of six at Marshall's facility.
TAQA Water Solutions awarded an AED 95 million ($25.8 million) contract to Electro Mechanical Company LLC to develop a centralized SCADA system across its treatment infrastructure in Abu Dhabi, using Siemens technology.
Whelan Machine & Tool is investing nearly $5.7 million to expand its Louisville, Kentucky operations, creating 30 new jobs.
Güntner opened its fifth Mexican production plant in Monterrey, Nuevo León, to make high-efficiency condensers and liquid coolers and supply the American continent. The first stage is expected to create about 350 jobs and raise production capacity by 30%.
Opus Packaging Florence is expanding into a 50,000 square foot property adjacent to its current facility at 1131 Edwards Circle in Florence, South Carolina, to increase corrugated products manufacturing.
Ebara Elliott Energy is supplying 22 compressor, pump and turbine units for SATORP's AMIRAL petrochemical complex in Jubail, Saudi Arabia. The contracts were awarded by Hyundai Engineering and Maire Tecnimont.
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.
Findos, through German vehicle Valeria Gmbh, acquired a 70% majority stake in Brescia-based Omb Saleri, which makes LPG, methane and hydrogen valves for automotive use. Dea Capital sold its 30% stake and the Saleri family sold a 40% stake; founder Paride Saleri keeps a 30% stake and runs the company.
PCC GulfChem and The Chemours Company entered into a chlorine supply agreement, with PCC's new plant providing on-site chlorine to Chemours' titanium dioxide plant in Pass Christian, Mississippi.
Autoliv held an opening ceremony for its new factory in Guangzhou on December 10, 2024. The 32,311-square-meter facility, built in 11 months, produces airbags and seat belts and is now fully operational.
MMI Textiles Inc. has acquired New Jersey-based knit textile manufacturer Jason Mills LLC. The acquisition is effective January 2, 2025, and expands MMI Textiles' product line in industrial and custom fabrics.
Eagle Materials Inc. has entered into a definitive agreement to acquire Bullskin Stone & Lime, a pure-play aggregates business in Western Pennsylvania, for $152.5 million.
Holcim's joint venture Cement Australia has signed an agreement to acquire a division of the Buckeridge Group of Companies (BGC) in Western Australia, including a cement grinding station, transport fleet, and innovation centre.
Chewters Chocolates plans to build a $20.5 million chocolate factory in Rockwall, Texas, with construction starting in January 2023, investing $40 million and creating 120 jobs.
Covestro completed a new production facility for water-based polyurethane dispersions at its integrated site in Shanghai, China, in Q3 2023.
Covestro AG launched production of a partially bio-based raw material for coatings at its plant in Foshan, Guangdong province, China, in November 2024, following a European launch in Q3 2024.
Kontrolmatik and Joule Enerji signed a €9.33 million contract for mechanical assembly of gas turbine, generator, and steam turbine equipment for a 600 MW combined cycle plant converting a coal plant in Germany.
Starlinger will supply packaging machinery to Bua Group for a new facility in Nigeria producing 600 million PP block-bottom bags annually.
IHC Mining was awarded a contract by Quarzwerke for a new electric dredger.
Petwin Bancorp Inc. acquired Alberta Wilbert Sales Ltd., a supplier of water and wastewater septic systems in Western Canada.
Fluor won a front-end engineering and design contract from Heidelberg Materials for a $500 million carbon capture upgrade at a cement plant in Geseke, Germany, aiming to capture 700,000 tonnes of CO2 annually.
Howmet Aerospace plans a $107.5 million expansion in Whitehall, Michigan, to build a 107,000 sq ft manufacturing facility for ceramic cores, creating up to 300 jobs.
Technip Energies and GE Vernova, with construction partner Balfour Beatty, won a major contract for the Net Zero Teesside Power project in the UK, a 742 MW gas-fired power plant with carbon capture.
Guided Therapeutics received full payment for an order from Indonesia for four LuViva Advanced Cervical Scan devices and 1,200 single-use cervical guides, to be delivered in Q1 2025.
GEBA Verhuur and Green Road Equipment have merged and will operate under the single brand GEBA, combining rental and electrification of road construction equipment.
The U.S. Department of Commerce finalized a subsidy of more than $6.1 billion for Micron Technology to support construction of several domestic semiconductor facilities.
Schneider Electric announced plans to establish a new Printed Circuit Boards (PCB) manufacturing facility in Karnataka, India, which is expected to add 5,000 jobs over the coming years.
Xylem announced it has acquired a majority stake in Idrica, a leader in water data management and analytics. The move will integrate Xylem's digital water solutions with Idrica's technology platform to create Xylem Vue.
The European Commission approved the creation of a joint venture by ForFarmers N.V. of the Netherlands and team agrar GmbH of Germany under the EU Merger Regulation. The transaction was examined under the simplified merger review procedure.
XCMG reported signing contracts exceeding 10 billion yuan ($1.38 billion) at Bauma China 2024. The largest deal, valued at 3 billion yuan ($413 million), covers delivery of over 100 zero-emission heavy mobile units to Fortescue by 2030.
Vertiv and Compass Datacenters collaborated to develop the Vertiv CoolPhase Flex, a cooling solution integrating liquid and air cooling for AI applications. Initial units will be deployed at a Compass facility in Q1 2025 as part of a multi-year, multi-billion dollar supply arrangement.
Cantrell Mechanical Solutions (CMS) signed a distribution agreement with Meitech to represent Meitech's complete line of poultry processing equipment in the United States. CMS will install, service, and provide spare parts and technical support.
Woodspin Oy, a joint venture of Spinnova and Suzano, and PUMA SE signed a non-binding Letter of Intent to secure access to wood-based SPINNOVA fibre volumes for several years. The companies will collaborate to develop products for PUMA's Sportstyle category.
AkzoNobel's Marine and Protective Coatings business signed a memorandum of cooperation with Sinopec to supply International high-performance coatings products for Sinopec's overseas construction projects, including refining facilities, natural gas processing plants, and chemical production sites.
Shunsin Technology (Vietnam) Company Limited, a Foxconn subsidiary, will build a factory in Vietnam with a total cost not exceeding TWD2.11 billion ($65 million). The project in Bac Giang province will produce integrated circuits, with construction starting in January 2025, trial production in June 2026, and official operation from December 2026.
Rockwell Automation has started work on a factory in Chennai, India, to be commissioned in two phases. The first phase will focus on the semiconductor sector, and production is expected to start in May 2025, employing 230 people.
L&R Precision Machining & Manufacturing has been acquired by AMG, INC., an employee-owned precision manufacturing company based in Lynchburg, Virginia.