Extant Aerospace, a TransDigm Corporation company, acquired Wyvern Technologies, a leader in aerospace and defense electronics and technology components. The deal was advised by CEO Advisor, Inc.
Northern Ireland Electricity Networks awarded a £5.7 million contract to B & S Group Limited for the supply of distribution metal cladding units for 11kV unit substations. The contract is for five years with an option to extend by two years.
Nucor is preparing to begin a $280 million modernization of its steel coil and plate mill in Tuscaloosa, Alabama, converting it into a tandem Steckel mill. Construction is set to start in Q1 2025.
Hasen Technology (Nantong), a subsidiary of Indicor Group, opened its manufacturing facility in the Nantong National High-Tech Industrial Development Zone on 5 December 2024, with a goal of making 200,000 valves annually.
DS Smith collaborated with Denmark's Vilsund Blue A/S to replace plastic pallets with corrugated cardboard pallets for its canned seafood products, increasing cans per pallet from 1,800 to 2,700, reported 5 December 2024.
2M Group of Companies signed a multi-year commercial supply agreement with Transcend Packaging to deploy Xampla's plastic-free Morro coating on paperboard packaging across the UK, manufactured at 2M's Milton Keynes facility, announced 5 December 2024.
Homburger Maschinenbau GmbH of Markdorf announced it is taking over the production of Richter Pumpen, a maker of membrane compressors and vacuum pumps based in Sauldorf-Rast, Germany, announced on 5 December 2024.
Ebara Elliott Energy was selected to supply 22 compressor, pump and turbine units for the AMIRAL petrochemical complex at SATORP's refinery in Jubail, Saudi Arabia, under contracts awarded by Hyundai Engineering and Maire Tecnimont.
GE Vernova secured a contract from 50Hertz Transmission GmbH to deliver three 300 Mvar FACTSFLEX GFM STATCOM units for substations in Mecklenburg-Western Pomerania and Saxony, announced 5 December 2024.
Deleum Berhad's subsidiary Deleum Services signed a share purchase agreement to acquire a 70% stake in PT OSA Industries Indonesia, a valve supplier and maintenance service provider in Indonesia, for USD 7 million on 5 December 2024.
National Gas Transmission has awarded a contract for design and build of new gas-compression installations at its Wormington Compressor Station, to meet medium combustion plant rules by 2030. The contractor and value are not named in the notice.
The Massachusetts State Lottery Commission posted an open-market solicitation for corrugated kraft boxes for a three-year contract with two optional one-year extensions. Bids are due January 7, 2025, and deliveries will go to Braintree and Canton warehouses. The source's value range is an AI estimate and is not a stated contract value.
Newsway Valve Co., Ltd. has completed an expansion of its class 900 check valve factory, adding production capacity and quality control enhancements for oil and gas, petrochemical and power customers. No location, investment amount or job figures are given.
NUPI Americas will expand its Early Branch facility in Hampton County with a $7 million investment, doubling the site size to add fitting production and 30 jobs. Operations are expected to be online in 2028.
Haivanship ordered two Lloyd's-certified Generation 6 Konecranes Gottwald ESP.9B cranes on barge for coal transshipment in northern Vietnam. The first order was booked in Q3 2024 and the second in Q4 2024, with delivery by end of 2025.
EPI, an EDGE Group entity, extended its contract with Airbus Atlantic to manufacture class 1 flight-critical airframes for A320 and A330 programmes. The agreement runs until 2031 and includes CNC machining and advanced inspection technologies.
Cross River State Government signed an agreement with Cross Cement International and Infrastructure Limited to construct a 5.7 million tons per annum integrated cement plant in Cross River State, Nigeria. The plant will have a capacity of 12,000 tons per day and is scheduled to start mobilization in March 2025.
DOK-ING announced the establishment of a new subsidiary, DOK-ING Mining, to develop and commercialize high-tech robotic solutions for underground mining, focusing on safety and productivity.
Brevan Electronics acquired Falcon Electronics, a distributor of high-reliability semiconductors and electronic components for the Avionics, Military, and Space industries. Falcon will continue to operate under its brand and leadership.
Wunderlich-Malec Engineering announced a new manufacturing facility in Baldwin, Florida, set to begin operations in January 2025. The facility will create 25+ new jobs and produce modular electrical control enclosures and relay panels.
Bost Machine Tools has installed its largest vertical lathe, the Bost VTL 100 C 8.000-2 Premium, at the FERRY-CAPITAIN facility in Vecqueville, France. This is the third Bost machine installed at the plant.
Teleflex is in discussions to acquire Biotronik's vascular intervention unit, which manufactures stents and balloon catheters, for €500 million to €1 billion. An agreement could be reached this month.
LBB Specialties has announced a strategic partnership with Clariant to distribute Clariant's pharmaceutical-grade high-functional excipients, including PEGs and VitiPure portfolio, for ophthalmic applications in the North American Life Sciences market.
Durban Container Terminal Pier 1 has taken delivery of the first nine of 16 Liebherr rubber-tyre gantry cranes ordered. The RTGs will be assembled on-site with handover expected in May 2025. Transnet National Ports Authority invested R744 million (USD 4.12 million) in the 16 RTGs.
Plas-Fit Group has acquired Photex Molds, an Israeli company specializing in advanced plastic solutions for the electrical industry. Photex will continue to operate as part of the Plas-Fit family.
Magna International is investing $200 million to build a new 625,000-square-foot factory and expand its existing location in Piedmont, South Carolina, creating about 200 jobs. Operations at the new site are expected to begin in Q1 2025.
RJM Corporation secured a project to supply combustion technology, including ultra-low NOx gas burners, for converting Unit 2 of the 922MW Aboño power plant in Spain from coal to natural gas, BFG, and hydrogen.
Al-Babtain Power and Telecommunication Co. signed a SAR 777 million ($207 million) contract with Hyundai Engineering & Construction to supply steel towers for a 500kV HVDC transmission line, with supply starting in Q3 2025.
AirX Climate Solutions, a specialty HVAC provider, acquired Powrmatic USA, a designer and manufacturer of commercial and industrial heating and cooling systems, based in Finksburg, Maryland.
Vinyl Technology LLC received a $16.35 million firm-fixed-price contract from the Defense Logistics Agency to supply advanced technology anti-G suits to the U.S. Air Force.
Aurora Material Solutions, a polymer compounds manufacturer, acquired Lastique International Corporation, a recycler of rigid PVC, to strengthen its sustainable product offerings.
Ahno and Sandvik have opened a new cutting tools factory in Zhuzhou, China, costing around 500 million yuan ($69 million). The facility is expected to create 400 jobs and achieve an annual output value of over 1 billion yuan.
Polestar and MBA Polymers UK have signed a collaborative agreement to accelerate the circular economy for electric vehicles by integrating more post-consumer recycled plastics into interior parts.
Proma Group has signed an investment agreement to take over Recaro Automotive GmbH in Germany, allowing operations to continue and relaunch across Europe in January 2025.
Sunhope Packaging Machinery (Zhenjiang) Co., Ltd is establishing a new UK division, Sunhope Packaging Machinery (UK) Ltd, in Glenrothes, Fife, Scotland.
Mi Integration is expanding its existing plant in San Luis Potosí, Mexico, by 25,000 square feet, adding 10 new injection molding machines dedicated to bi-material parts.
Mi Integration announces construction of a new plant in Saltillo, Mexico, to begin operating in March 2025. The facility will be a plastics and composites production center with 15 injection molding machines, creating about 50 jobs initially.
Southland Holdings' subsidiary Oscar Renda Contracting has been awarded a $60 million contract to construct a new wastewater treatment plant in the Southwest United States.
ZF has opened a new plant for e-mobility components in Shenyang, Liaoning province, China. The plant will produce electric axle drives for electric cars, with an investment of around €130 million.
Air Industries Group has secured a follow-on contract valued at approximately $4.0 million for arresting gear components for the F-35 Lightning II, originating from a European partner nation. Production is expected to begin in the first half of 2025 and be completed by year end 2025.
Raytheon has been awarded a $590,801,245 contract for low rate initial production of 13 Next Generation Jammer Mid-Band (NGJ-MB) ship sets for the U.S. Navy EA-18 Growler and Royal Australian Air Force. Work is expected to be completed by January 2028.
CJ OliveNetworks has won a bid to build a soju production plant for HiteJinro in Thai Binh, Vietnam. The plant is expected to be operational by 2027 with an annual capacity of 1 million cases (70 million litres), representing an investment of US$100 million.
Italian heat exchanger manufacturer Lu-Ve has officially opened the expanded facilities at its Chinese production plant in Tianmen, increasing from 19,000 m² to over 43,000 m². The expansion targets production of cooling systems for data centres and power generation.
IPCOM Group, a European distributor of energy efficiency solutions, has acquired Area Cooling Solutions, a provider of commercial refrigeration products and services. The acquisition strengthens IPCOM's position in the refrigeration and HVAC sector.
Zeppelin Group has agreed to acquire Pon Equipment, Pon Rental, and Pon Power in Norway and the Netherlands from Pon Holdings. The deal adds about 2,000 employees and €1.1 billion in revenue, pending regulatory approval.
PSA Italy has ordered three fully electric, zero-emission E-RTG cranes from Konecranes for its Vecon-PSA Venice terminal. The purchase is worth around €8.5 million and the cranes will be operational by 2026.
Mitsubishi Heavy Industries Compressor International Corporation (MCO-I) has manufactured, tested and shipped steam turbine driven compressor packages to Golden Triangle Polymers Company for a world-scale ethane cracker in Orange County, Texas. The plant is planned for start-up in 2026.
TENOWO, part of Hoftex Group, has formed a strategic alliance with Indo German Yarn and Fibre to introduce lightweight nonwovens made from technical fibers including aramids and carbon to the Indian personal protection market.
Tobermore announced a £12 million expansion plan including an £8 million new production facility and £4 million for job creation. The 3,000m² factory will produce over 1 million m² of paving blocks annually, increasing production by 25%, and create 44 new jobs.
PULS, a provider of industrial power supplies, has acquired Italian DC UPS specialist Adelsystem. The acquisition expands PULS's range of DIN rail power supplies and strengthens its position in industrial DC power supplies.