The Water Replenishment District of Southern California awarded a $160 million design-build contract to a Jacobs-McCarthy joint venture to expand the Robert W. Goldsworthy Desalter facility in Torrance, California, to treat up to 9 million gallons per day of additional drinking water.
Aramco has completed its acquisition of a 10% stake in Horse Powertrain, a joint venture between Renault and Geely, valued at $7.8 billion (€7.4 billion). Renault and Geely each retain 45%.
ZPMC has delivered the first batch of equipment (4 STS cranes and 6 RTG cranes) for the Suez Canal Container Terminal's expansion project in Port Said, Egypt. The total investment is US$500 million, and the new terminal is expected to be operational in 2025.
Airtificial Intelligent Robots has signed a contract worth over $7 million with a major Tier 1 automotive supplier to design, manufacture, and deliver robotic assembly and testing lines for electric steering systems at its plant in Querétaro, Mexico.
Andritz has received an engineering order from Circ for the first large-scale textile recycling plant, following over three years of joint R&D.
Gerresheimer is building a new 7,600 m² production hall for glass syringes at its Skopje site, investing over EUR 100 million and creating around 250 new jobs. Syringe production ramp-up starts by end of 2024.
Heidelberg Materials North America has signed a definitive purchase agreement to acquire Giant Cement Holding Inc. and its subsidiaries for approximately US$600 million. The transaction includes an integrated cement plant in Harleyville, South Carolina, distribution terminals, and an alternative fuel recycling business.
Lamidey Noury, a French manufacturer of electrosurgical instruments, has joined the Halma Group. The acquisition will enable Lamidey Noury to accelerate growth and innovation.
Fortescue has signed a partnership agreement with XCMG valued at over US$400 million to acquire more than 100 pieces of zero-emissions heavy mobile equipment for its Pilbara iron ore operations. The first units are expected to be deployed in 2026.
Geumhwa PSC signed a contract with Hyundai Engineering & Construction for the main construction work of Shin Hanul nuclear power plant units 3 and 4. The contract is worth KRW 42.4 billion (approx. USD 30 million) and runs until December 31, 2030.
Safran Aircraft Engines México inaugurated an expansion of its plant in Querétaro, Mexico, with an investment of 720 million pesos (approximately $36 million USD). The expansion enables final assembly of LEAP 1A engines for Airbus aircraft, creating 128 specialized jobs.
SIWAS factory in Erbil, Iraq, expanded its beverage production capacity by installing a new 15,000 cans-per-hour aluminum can filling line in 2024, supplied by King Machinery Limited. The factory had previously installed two 12,000 BPH lines in 2019.
Zhongkong Technology (SUPCON) won a contract worth tens of millions of yuan from CNOOC-Shell Petrochemical Co. (CSPC) for the Huizhou Phase 3 ethylene project in Guangdong, China. The project involves 18 new units including a 1.6 million ton/year ethylene cracker.
Dongfang Electric Group Dongfang Boiler Co., Ltd. won a contract worth 2,555,000,000 yuan to supply boilers and auxiliary equipment for units #1 to #5 of the 6×660 MW coal power project at the Three Gorges Southern Xinjiang Taklamakan Desert New Energy Base.
Sandvik AB acquired Universal Field Robots (UFR), a developer of autonomous systems for surface and underground mining markets. UFR will report to Digital Mining Technologies within Sandvik Mining and Rock Solutions. UFR has about 40 employees and is headquartered in Eagle Farm, Australia.
INEOS Enterprises entered into an agreement to sell its INEOS Composites business to KPS Capital Partners for an estimated consideration of approximately €1.7 billion. The business has combined sales of over €800 million per year and employs about 900 people across 17 sites and 3 technology centres.
Goscor Lift Trucks delivered a fleet of Bobcat D30S-7 3-ton diesel forklifts to C. Steinweg Bridge Terminals' terminal in Dar Es Salaam, Tanzania, as part of a rental agreement to support Steinweg's Southern African expansion.
Daifuku Intralogistics America is expanding its Hobart, Indiana facility with a 300,000 sq. ft. warehouse addition and an 8,500 sq. ft. HR addition. The expansion is expected to be fully operational by August 2025.
YIZUMI held the groundbreaking ceremony for its East China Production Base in Nanxun, Zhejiang, on December 2, 2024. The new base aims to enhance production capacity and strengthen the company's strategic positioning in smart manufacturing.
GE HealthCare has agreed to acquire the remaining 50% stake in Nihon Medi-Physics (NMP) from Sumitomo Chemical, assuming full ownership. The transaction is expected to close in early 2025, subject to regulatory approvals.
ELSPES plans to invest at least $470 million to build a manufacturing facility and its world headquarters in NeoCity, Florida, focused on developing and manufacturing silicon capacitors for high-performance computing devices. The project is expected to create at least 600 jobs by the end of 2028.
Canpack signed a letter of intent to build a new beverage can plant in the Poços de Caldas industrial district, Minas Gerais, with R$710 million investment and 140 direct jobs within two years. The plant will have initial capacity of about 1.3 billion cans per year, with construction expected to start in early 2025.
Momentum Group, through subsidiary Momentum Industrial, signed an agreement to acquire 100 percent of Indoma AB, a Jönköping-based supplier of industrial components. Indoma will run as an independent subsidiary under its current management.
Finland's Vexve Group is acquiring Denmark's Frese A/S, a valve manufacturer based in Slagelse, after 80 years of Frese family ownership. René Barington will remain CEO and operations in Denmark will stay intact.
Leidos Supply issued a prior information notice for a framework supplying packaging and soft consumables to the UK Ministry of Defence, estimated at £29 million to £73 million over up to four years from 2026. The notice is for market research only and is not a formal tender.
Arkema, through Bostik, finalized the acquisition of Dow's flexible packaging laminating adhesives business, which has around US$250 million in annual sales and five production sites in Italy, the United States and Mexico. The enterprise value is US$150 million.
Perfektüp Ambalaj launched a new aerosol can production line at its Kırklareli production base in Turkey, raising its aerosol can capacity to 240 million units annually. The base spans 75,000 m² of land and 100,000 m² of closed area.
Packaging maker Thimm became the new central supplier for online pharmacy DocMorris and developed optimised shipping boxes with reduced height and digital internal printing. The change cuts material use and saves 40 HGV journeys per year.
Torishima received an order from VA TECH WABAG to supply six RO high-pressure pumps for a 100 MLD seawater desalination plant being built at Indosol Solar's 10 GW solar manufacturing facility in Nellore, Andhra Pradesh, India. The order was placed in December 2024.
KITZ Corporation completed construction of a new plant in Vietnam in December 2024 for stainless steel valves for industrial applications.
CNBM Chengdu Photoelectric Materials received an order for over 7,000 custom 1.2m x 1.2m cadmium telluride power-generating glass panels for the Shenzhen International Exchange Center project, with delivery required by February 15, 2025.
Enterprise Adhesives & Chemicals, a Basildon-based glue manufacturer, was acquired by Pafra Adhesives, also based in Basildon, a leading adhesives supplier to the paper converting and packaging sector. The deal strengthens both companies' presence and manufacturing capabilities in the UK market.
Sumitomo Electric developed the 'Poreflon External MBR System' and received its first order from Mizkan via engineering company A&E in December 2024. The system will be installed at Mizkan's Minokamo plant to enhance wastewater treatment capacity, with operation expected in the first half of 2025.
Fuji Electric commenced mass production of 6-inch silicon carbide power semiconductors at its facility in Aomori Prefecture, Japan, as of December 2024.
Liebherr-Logistics GmbH broke ground on a new logistics centre in Tupelo, Mississippi, with an initial investment of $176 million, expected to create 180 jobs. The facility will serve as the continental warehouse for the Americas.
The U.S. Navy awarded Northrop Grumman a $3.5 billion contract to integrate mission systems for the E-130J aircraft, the successor to the E-6B Mercury for the TACAMO nuclear communications mission. The contract includes three engineering development models and options for additional aircraft.
Liebherr has broken ground on a new 1-million-square-foot manufacturing and distribution facility in Tupelo, Mississippi. The company will invest $176 million and create 180 new jobs, with potential for expansion to 342 jobs. The facility is expected to be completed by 2026.
Siemens Energy plans to expand its manufacturing facility in Gibsonton, Florida. The company has more than doubled its local head count over the last two years since ending a joint venture.
Worthington Steel, through its subsidiary Tempel Steel Company, has agreed to acquire an approximately 52% stake in Italy-based Sitem Group, a producer of electric motor laminations. The transaction is expected to close in early 2025.
LoneStar Fasteners Hydrobolt (LSFH) placed a repeat order for six Biglia twin-spindle Y-axis lathes, investing £1.5 million to expand CNC turn-milling capacity at its Wednesbury facility. The lathes were delivered in 2023 and 2024.
JBT Corporation completed its voluntary takeover offer for Marel hf., acquiring 97.5% of shares and initiating compulsory acquisition for the remainder. The combined entity, JBT Marel Corporation, will be a global leader in food technology.
Huaxin Cement announced plans to acquire a 27.77% stake in Lafarge Africa Plc, Nigeria's oldest cement company, for a total of $8.38 billion through two subsidiaries. The acquisition aims to expand Huaxin's presence in West Africa.
The U.S. Department of Commerce awarded Texas Instruments up to $1.61 billion in direct funding under the CHIPS Incentives Program to support over $18 billion in investment for constructing three new semiconductor facilities: two in Texas and one in Utah.
Honeywell has been awarded a contract by Exide Energy Solutions Limited to provide building automation solutions for phase one of its new lithium-ion gigafactory campus in Bengaluru, India. The gigafactory is expected to be completed in 2025.
The U.S. Department of Commerce and Bosch signed a preliminary memorandum of terms for up to $225 million in CHIPS Act funding to support Bosch's $1.9 billion investment to transform its Roseville, California facility into the largest SiC device factory globally. The project will create up to 1,000 construction jobs and 700 manufacturing jobs.
Toshiba Energy Systems & Solutions received an order from PT Inti Karya Persada Tehnik to supply a steam turbine and generator for the Patuha Geothermal Power Plant Unit 2 in West Java, Indonesia. The unit will have a 60.3 MW capacity and is scheduled to go online in 2027.
Emirates Biotech has selected Sulzer's licensed PLA technology for its upcoming polylactic acid production plant in the United Arab Emirates. The facility will be built in two phases of 80,000 tons each, totaling 160,000 tpy capacity, making it the world's largest PLA plant. Construction starts in 2025 with operations expected by early 2028.
Larsen & Toubro (L&T) secured an order from National Thermal Power Corporation (NTPC) valued at over ₹150 billion to set up thermal power plants in Madhya Pradesh and Bihar. The order includes design, engineering, manufacturing, and commissioning of boilers, turbines, and electrostatic precipitators.
O'Neal Manufacturing Services (OMS) will invest $8.5 million to open a 41,000-sq.-ft. steel fabrication facility in Kingsport, Tennessee, creating more than 25 jobs. The facility will support medium- to heavy-gauge steel fabrication including plate burning, machining, shot blasting and flattening.
Italian plastic packaging company Capardoni completed its merger with Capsol at the end of 2024, creating a group with more than EUR 50 million turnover and three production sites in Lombardy. The merger was reported in July 2025.