VisionPower Semiconductor Manufacturing Company (VSMC) held a groundbreaking ceremony on December 4, 2024, for a $7.8 billion semiconductor plant in Tampines Wafer Park, Singapore. The plant will produce 55,000 wafers per month at full capacity by 2029 and create 1,500 jobs.
Doosan Bobcat Belgium completed the renovation and rebranding of its facility in Sint-Niklaas, Belgium, with an investment of two million euros. The office area was modernized and workshops were equipped with new lifting bridges and an overhead crane.
Nexans has been awarded a contract by ScottishPower Renewables to supply and install approximately 100 km of 275kV high-voltage subsea export cables and 55 km of onshore cables for the East Anglia TWO offshore wind farm in the southern North Sea. The project is expected to be completed by the end of 2028.
Hitachi Energy is investing over 1.1 billion CZK (approximately $47 million USD) to expand its High Voltage Products factory in Brno, Czech Republic. The expansion will increase production capacity by over 40% and create up to 200 new jobs, with completion expected by end of 2025.
Dewulf is building a new 6,000 square meter production hall next to its existing factory in Winsum, Netherlands, for assembly of larger machines like hopper bunkers and Xtreme potato harvesters. The expansion aims to modernize and optimize logistics.
Sorg Group, along with EME and SKS, will build a greenfield glass facility for Parglass and Pavisa in Paraguay. The $75 million plant is set to open in Q1 2026 and will produce glass using 100% renewable electric energy from hydropower.
RSE announced a strategic partnership with Biomatrix, including an equity investment, to deliver nature-based water management solutions. Both companies are headquartered in Northeast Scotland.
PT Petro Oxo Nusantara held a groundbreaking ceremony for a 30,000 TPA Neo Pentyl Glycol plant in Gresik, Indonesia, with an investment of IDR 856 billion. It is the first NPG plant in Indonesia and Southeast Asia.
Aquafin began construction of two CO₂-neutral sludge dryers in Beringen and Roeselare, Belgium, with an investment of over EUR 110 million. The facilities will be operational in 2026.
Wieland will invest over $27 million and add 50 jobs to expand its copper production facility in Pine Hall, North Carolina, adding new manufacturing lines for Tech Tubes and Cold Plates.
Mellifiq signed a multi-million dollar EPC contract with a pulp mill to install a 640 m³/h electrocoagulation wastewater treatment system, the largest in Europe. The system is scheduled to commence operations in 2025.
Private equity firm Arbor Permanent Owners has signed a deal to acquire East West Engineering, a manufacturer and distributor of materials handling products, for between $25 million and $30 million.
Tianjin Bohua Petrochemical is poised to commence operations at its newly constructed vinyl complex in Tianjin, China, by the second half of 2025. The CNY 6 billion project includes a 300,000 t/y caustic soda plant, 400,000 t/y VCM plant, 300,000 t/y PVC plant, and 12,000 t/y paste PVC plant.
Rodda Paint Co., in partnership with the Cloverdale Group, announced the acquisition of Miller Paint Co., an ESOP in the Pacific Northwest. The total price was not disclosed.
Phillips Machine Tools, Indian subsidiary of Phillips Corporation, plans to open a new 200,000 sq ft facility in Chakan, Pune, by January 2025 to produce high-end equipment like advanced five-axis machines, EDM and grinding machines.
Sonoco announced the closing of its acquisition of Eviosys, a European metal packaging manufacturer, from KPS Capital Partners.
Munters has inaugurated its second manufacturing unit in Malur, Karnataka, to produce localized dehumidification and air handling unit solutions for India and the Asia Pacific region. The article is dated January 8, 2025 and the opening was described as recent.
Green Bay Packaging will make a multi-year investment to modernize its Arkansas Kraft paper mill in Morrilton, replacing the recovery and biomass boilers and installing an electric turbine generator. The project also includes buying about 300 acres of land for future expansion.
Torgovy Dom ADL has finished construction of a new production building for pipeline valves in Radužny, Kolomna urban district, Moscow Region, with a 317 million ruble investment and 70 jobs once production starts. The building has passed the state construction review, and the company can now apply for commissioning.
Petainer Manufacturing USA will open a new site at 315 Joe Frank Porter Drive in Mt. Pleasant, Tennessee, investing $10 million and creating 35 new jobs in the Cherry Glen Industrial Park.
Matsuura Machinery held an opening ceremony for the completion of a new building at its Takefu plant in Japan, adding approximately 8,500 square meters of floor space with an investment of about 130 million Danish kroner (approx. $18.5 million). The expansion consolidates assembly facilities and is expected to increase production to about 40 CNC machines per month from January 2025.
Copeland and Daikin announced a joint venture to bring Daikin's inverter swing rotary compressor technology to the U.S. residential HVAC market. Copeland will hold a majority share, and the venture is expected to become operational in the first half of 2025.
Triwater Holdings, an Edgewater portfolio company, completed the acquisition of Paragon Water Systems, a point-of-use water filtration products manufacturer with facilities in the U.S. and China.
Aspa Bruk ordered a complete AxoPur water treatment plant from Mellifiq (Axolot's partner) for its pulp mill in Olshammar, Sweden, with an initial capacity of 640 m³/h, to be commissioned in December 2025. Axolot expects direct revenue of about SEK 11 million.
Edgewater Growth Capital Partners sold its portfolio company Paragon Water Systems (TWH Filtration Industries) to a subsidiary of Culligan International Company.
Motion announced an agreement to acquire International Conveyor and Rubber (ICR), a conveyor belt services company in Blairsville, Pennsylvania, adding 150 employees and seven locations.
KME SE has obtained German merger control approval for the acquisition of 100% of Blackhawk Holding GmbH, which owns Sundwiger Messingwerk GmbH, a copper and copper alloy rolled products manufacturer.
Hygiena has completed the acquisition of Nexcor Food Safety Technologies, Inc., creator of KLEANZ and CAMS-PM software for sanitation and equipment maintenance in food and beverage facilities.
Mecanus, a Spanish machining company, will add over 8,000 square meters to its production plant in Ejea de los Caballeros, creating more than 20 new jobs.
Ingevity is investing $53.3 million over five years to expand its specialty chemicals and high-performance carbon materials manufacturing facility in North Charleston, South Carolina.
Aquaprox I-tech, a subsidiary of Aquaprox group, is finalizing a new expansion of its production workshops in Saint-Ouen-l'Aumône, Val-d'Oise, France, with a new 1,000 m2 workshop for electrical cabinets for its subsidiary Eirel, representing total investments of €2.2 million.
Werfen opened a new building at its Hemostasis and Acute Care Diagnostics Technology Center in Bedford, Massachusetts, adding 105,000 square feet with an investment of over $50 million. The expansion increases capacity for research, development and manufacturing of specialized diagnostics.
Nu-Vu Conair Private Ltd opened a new plant in Ahmedabad, Gujarat, India, adding over 60,000 square feet of operational area for new assembly lines and a logistics center, increasing production capacity for automation solutions for technical polymers.
Urban Mining Industries was selected by the U.S. Department of Energy to negotiate a $37 million cost-sharing grant to advance the development of two manufacturing plants in Florida and Maryland to produce Pozzotive, a ground glass pozzolan cement replacement.
Konecranes has closed its acquisition of Rotterdam-based Peinemann Port Services BV and Peinemann Container Handling BV after receiving approval from the Dutch competition authority. Peinemann is a port services provider and has been a Konecranes Lift Trucks distributor in the Netherlands since 2009.
NSH USA Corp. is building an 18,000-square-foot addition to its headquarters and manufacturing assembly plant in Menands, New York, to expand capacity for railway, aerospace and defense customers. Groundbreaking is planned for early 2025.
ABB acquired Solutions Industry & Building (SIB), a French manufacturer of cable glands and electrical installation products, from Galiena Capital. SIB generated approximately $27 million in 2023 revenues and brings nearly 100 employees to ABB. Financial terms were not disclosed.
vombaur GmbH & Co. KG leased approximately 8,746 sqm of space at CTPark Wuppertal in Germany to produce high-quality technical textiles. The company will consolidate 150 weaving machines at the site with around 90 employees, marking the start of a high-tech textile cluster.
SRTX announced a $25 million USD investment from Investissement Québec as lead participant in its current fundraising round. The funding will support scaling manufacturing capacity and R&D at its 300,000-square-foot facility in Pointe Claire, Montreal, which produces UHMWPE-based textile products.
Amaero International signed a 3-year supply agreement with The Perryman Company for U.S.-melt and forged titanium alloy bar feedstock. Perryman will be Amaero's preferred supplier for atomization of premium spherical powder, with minimum annual order thresholds of 45 metric tons in 2025 and 100 metric tons in 2026 and 2027.
EcoPro Materials won an order for precursors for cathode materials from Samsung SDI. The contract runs from September 2024 to June 2025, with expected sales of KRW 205.66 billion.
Rail Vikas Nigam Ltd. received a letter of acceptance from East Central Railway for a Rs 186.76 crore contract to upgrade electric traction system in the Gomoh-Patratu section of Dhanbad Division.
Danfoss announced scaling up localisation and adding new production lines for HVACR compressors, heat exchangers, and controls in India, with an additional investment of ₹500 crore committed earlier in 2024.
Energous was awarded the first phase of a multi-stage project by a Fortune 10 retailer to supply over 1,500 PowerBridge transmitter systems for wireless power networks, valued at approximately $0.3 million. Shipments are expected by end of 2024, with installation in Q1 2025.
Magna won a contract with a Chinese automaker to produce its dedicated hybrid drive (DHD) Duo system. Production will begin in Q3 2025 at Magna's Nanchang factory.
RUDOLF signed an MOU to acquire Proeza in Mexico, aiming to leverage Proeza's market presence and expand its product offering. The acquisition was announced on December 3, 2024.
Orbia Advance Corporation's Fluor & Energy Materials business is advancing construction of a larger-scale medical propellant purification plant at its Rocksavage site in Runcorn, UK, to increase production capacity for Zephex 152a (HFA 152a), a low-GWP propellant for metered-dose inhalers. Capacity readiness is targeted for mid-2026.
Nel ASA has secured a 10 MW purchase order from Samsung C&T Corporation Engineering & Construction Group, valued at approximately EUR 5 million, for alkaline stacks and balance-of-stacks. The equipment will be used in South Korea's first hydrogen production project using nuclear power (pink hydrogen).
Saint-Gobain has completed its acquisition of Kilwaughter Minerals, a UK and Ireland provider of façade mortars and external wall insulation systems. Kilwaughter operates a manufacturing facility and limestone quarry near Larne, Northern Ireland, and employs about 200 people.
Daedong Gear, a power-train specialist of Daedong Group, has secured a contract worth approximately KRW 1.2398 trillion to supply next-generation hybrid vehicle ASS'Y parts and EV platform reducer modules to Hyundai Motor and Hyundai Transys. Supply will run from 2025 to 2036.