Hydraulic Technologies, a portfolio company of Wynnchurch Capital, made a growth investment in Hydra-Slide, a Canada-based manufacturer of skidding and hydraulic systems for heavy equipment.
Tadano Demag GmbH sold the northern part of its Wallerscheid plant in Zweibrücken to Kubota Baumaschinen GmbH. The transfer is expected in the second half of 2025.
Heathcoat Fabrics installed a collaborative robotic (Cobot) doffing system in its yarn processing department (XTEX) to automate bobbin doffing, tube loading, and spindle restart. The system was installed in summer 2024 and is already improving operational efficiency.
Hexion Inc. announced its acquisition of Smartech, a company specializing in AI-driven autonomous manufacturing solutions. This is Hexion's first acquisition in a decade, aimed at enhancing production efficiency in the wood processing industry and beyond.
Hongda High-Tech (002144) announced a plan to invest approximately 20 billion yuan in two modules: upgrading existing facilities into smart factories for automotive interior fabrics, functional apparel fabrics, and carbon fiber composites, and building a new smart factory and commercial complex on 90 mu of land in Haining, Zhejiang.
Hammarplast Medical has built a new production facility in Bredaryd, Sweden, with over 5,000 square meters of production space and a 1,400 square meter ISO class 8 cleanroom. Move-in started in fall 2024, with full operations expected in January 2025.
Construction has commenced on a new 5000tpd cement factory in Jabal Saraj, Afghanistan, by Al-Falah Al-Alami Co. The $220 million project will create 5000 jobs and use locally-sourced raw materials.
Kyburz Feinmechanik AG will take over Daniel Tobler Präzisionsmechanik GmbH in Bonstetten, Switzerland, effective 1 January 2025, expanding its precision machining capabilities.
XCMG finalized the bulk delivery to China of wheel and crawler cranes worth over CNY 200 million, including the world's largest all-terrain crane XCA4000.
Pharmicell announced a supply contract worth 11.7 billion KRW with Doosan Electronics BG for electronic materials. The contract period runs until February 28, 2025.
Kubota Baumaschinen GmbH will establish a new factory in Zweibrücken, Germany, to increase mini excavator production capacity by approximately 40% by 2028. Production will begin in phases from mid-2026.
SERO EMS Group, a portfolio company of Deutsche Beteiligungs AG, acquired EPSa-Elektronik & Präzisionsbau Saalfeld GmbH and EPSa Děčín s.r.o., strengthening its development competencies in software and hardware for electronic manufacturing services.
Durban Container Terminal Pier 2 took delivery of the first of 20 diesel-electric straddle carriers, valued at over R440 million, as part of a fleet renewal plan. All 20 will be fully operational by end of May 2025.
NAVFAC Atlantic awarded a $46.75 million firm-fixed-price option to Konecranes Nuclear Equipment and Services to design, fabricate, and install a 175-ton-capacity heavy-lift portal crane at Norfolk Naval Shipyard, with delivery expected in April 2028.
The US Air Force awarded a $48 million firm-fixed-price, multiple-award IDIQ contract to KIHOMAC Inc, Fort Walton Machining Inc, Polytronix Inc, J.F. Taylor Inc, and Cherokee Nation Aerospace and Defense for F-16 bracket parts and kit assemblies, with work expected to be completed by Dec 5, 2031.
BB Cranes is preparing to manufacture its first 30-m-span overhead crane as part of an order for six cranes for boatbuilder Robertson and Caine, including various single- and double-girder machines with 5 t and 10 t capacity.
Kernex Microsystems was awarded an order from Chittaranjan Locomotive Works for supply, installation, testing and commissioning of 2,500 sets of on-board KAVACH equipment, valued at ₹2,041.4 crore, to be delivered by December 5, 2025.
Kernex Microsystems (India) Ltd. has been awarded an order worth Rs.2,041.40 crores from Chittaranjan Locomotive Works.
bp Ventures and EIP co-led a $25 million (EUR 23 million) Series C funding round for Oxford Flow, a UK valve technology company without mechanical drive train, to scale up operations.
Arnest Packaging Solutions, a division of Russia's Arnest Group, signed an agreement with the Uzbek government to build an aluminum beverage can plant with annual capacity above 1.5 billion cans. The investment is about $100 million and should create over 200 jobs, with production expected by next fall.
Yokogawa Electric Corporation of Japan acquired Indian company Adept Fluidyne Pvt. Ltd., as announced by Yokogawa India Limited. The deal value was not disclosed.
Baker Hughes has delivered Masoneilan valve systems to the HPCL Visakhapatnam Refinery and IOCL Panipat Refinery and Petrochemical Complex, India's first two residual hydrocrackers in operation. The valves are used in severe-service letdown processes.
Coherent Corp. signed a non-binding preliminary memorandum of terms with the U.S. Department of Commerce for a proposed investment of up to $33 million to modernize and expand a cleanroom in its Sherman, Texas facility. The project will expand the world's first 150 mm indium phosphide manufacturing line by adding advanced wafer fabrication equipment.
LuxWall will build a 276,000-square-foot vacuum-insulating glass manufacturing facility in Detroit's Delray neighborhood, with Bedrock as developer. The facility is expected to open in 2026 and create 277 jobs.
AqueoUS Vets has been awarded a contract by the City of Woodbury, Minnesota, for a new permanent water treatment plant to remove PFAS from groundwater. The plant is expected to be fully operational by 2028.
TEKO, a German manufacturer of CO2 refrigeration systems, announced the creation of a new business unit dedicated to commercial and industrial R744 heat pumps and chillers, leveraging technology from its parent company's acquisition of Vitalis.
Samvardhana Motherson Automotive Systems Group B.V. agreed to acquire a 95% stake in ATSUMITEC Co., Ltd. from Honda Motor Co., Ltd. and others for approximately ¥8.5 billion.
Sydney Water has awarded a $322 million contract to a joint venture of ACCIONA and Suez to deliver the Prospect Pre-treatment Plant.
Huntington Ingalls Industries (HII) will acquire the assets and workforce of Goose Creek metal fabricator W International. The facility will become Newport News Shipbuilding – Charleston Operations, supporting nuclear submarine and aircraft carrier construction.
Mitsubishi Heavy Industries Ltd. plans to sell its logistics equipment manufacturer, Mitsubishi Logisnext, to boost capital efficiency. The sale could be worth around ¥100 billion ($800 million).
Eli Lilly announced a $3 billion expansion of its Kenosha County, Wisconsin manufacturing facility, acquired earlier in 2024, to boost production of injectable medicines for diabetes, obesity and other areas. The expansion will add 750 jobs and start construction in 2025.
Veolia, a world leader in environmental solutions, announced the integration of Frimarte, a Galician company specializing in naval and industrial refrigeration and air conditioning installations.
The UK Atomic Energy Authority awarded a £1 million contract to INOX India Limited for the manufacture and supply of a pressure assembly fabricated from stainless steel tubing for a cryogenic application in vacuum for MAST-U.
Umicore's Metal Deposition Solutions business unit expanded its semiconductor product offering through the earlier bolt-on acquisition of its Chinese partner Shinhao Materials LLC, which focuses on copper plating for advanced packaging.
H2O Innovation Inc entered into an exclusive worldwide license agreement with MegaVessels Water Inc and Harbin ROPV Industrial Co Ltd to manufacture and sell the Mega-Vessel Membrane System for reverse osmosis applications.
Harbin Electric Power Plant secured orders to supply turbine generators and equipment for two 2x1,000 MW coal-fired power projects: the Shaanxi Coal Miluo project in Hunan and the second phase of the Shaanxi Coal Shanggao Clean Coal Power Expansion in Jiangxi.
South Korean automotive supplier Doowon Refrigeration will invest $43 million in two phases to produce cooling systems in Apodaca, Nuevo Leon, Mexico. The first phase of $18 million is complete with 100 jobs; the second phase of $25 million for expansion starts next month.
Sipcam Oxon SpA, an agricultural technology provider, acquired the assets of Grosafe Chemicals Ltd in New Zealand through its newly formed subsidiary Sipcam New Zealand Ltd.
Multimatic, a global automotive components supplier, has agreed to acquire a majority stake in PKM Consulting, a supplier of high-performance racing dampers based in Signes, France.
The Riverside Company acquired Seatex, a specialty chemicals manufacturer. Comvest Credit Partners provided an $85 million senior secured credit facility to support the acquisition.
SMW-AUTOBLOK held a groundbreaking ceremony for its new 'SMW Factory Airport' in Meckenbeuren, Germany, investing EUR 25 million. The factory is expected to start operations in the second half of 2026.
Aktiebolaget Ramson was awarded a contract by Laholmsbuktens VA AB for the reconstruction of a process plant at Byaledets water treatment plant in Halmstad, valued at SEK 10,700,000.
Daikin Airconditioning India and Rechi Precision agreed to establish a joint venture in India to manufacture, design, and sell compressors for the HVAC industry. Operations are expected to begin by the end of FY2025.
Panasonic's Cold Chain Solutions Company completed the acquisition of 100% of shares of Area Cooling Solutions, a Polish refrigeration equipment manufacturer, on December 5, 2024. The company will be renamed Panasonic Cold Chain Poland.
BHEL, in partnership with Hitachi Energy India, secured an order from Power Grid Corporation of India to set up a +800kV, 6000 MW HVDC link between Khavda (Gujarat) and Nagpur (Maharashtra). The project is expected to be established by 2029.
Samruk-Energy JSC and Qatar's Power International Holding signed an agreement to jointly construct a 1,100 MW combined-cycle gas turbine power plant in the Kyzylorda region of Kazakhstan.
SCG Cement and Green Solutions is expanding its low-carbon cement production base in southern Vietnam, reaching 6,000–8,000 tons per day. The expansion aims to boost exports to global markets including the US, Canada, and Australia.
Samgi EV announced a supply contract worth 143.7 billion KRW to provide electric commercial vehicle battery components (End-plate) to LG Energy Solution. The contract period is from November 2026 to December 2032.
Sharps Technology has signed multiple sales agreements with a prominent European medical supply company to sell its SecureGard syringe inventory. Initial shipments and revenue began in early December 2024, with new production orders starting in Q2 2025.
Proma Group signed an investment agreement to take over Recaro Automotive, rescuing the seat maker from bankruptcy. Recaro will relaunch in Europe in January 2025, with OEM production moving to Italy.