Multotec completed construction of a new R100-million screening media factory in Spartan, Kempton Park, Gauteng, consolidating its injection-moulded polyurethane screening media production into a single larger facility. The factory was launched on November 28, 2024.
SyntheticMR AB signed an agreement to acquire all shares of Finnish medical technology company Combinostics Oy for EUR 4.3 million, subject to approval by an Extraordinary General Meeting.
Elsewedy Electric for Electrical Products, a subsidiary of Elsewedy Electric, won a contract from a consortium of Orascom Construction and Colas Rail to supply locally manufactured dry-type distribution transformers for the Cairo Metro Line 4 project.
Atlantic Group held a groundbreaking ceremony for a new EUR 140 million heat pump production plant in Virey-le-Grand, France. The 39,000 m² facility will produce up to 150,000 outdoor heat pump units per year, creating 100 jobs by end 2026 and 300 by end 2027, with operations starting in January 2026.
Relatech S.p.A. acquired the remaining 10.33% stake in EFA Automazione S.p.A. from Franco Giovanni Andrighetti for EUR 4.9 million, gaining full ownership.
Terminal Graneles del Norte (TGN) in Chile successfully completed its first trial shipment of 10,800 tons of copper concentrate from Codelco using a new material handling and shiploading system at Mejillones, supplied by Bedeschi, Konecranes, and FAM.
Walid Gamal El-Din, Chairman of the Suez Canal Economic Zone, attended the groundbreaking for the CNG Egypt New Energy Glass Project, a subsidiary of China Glass Holding, at the TEDA industrial zone in Ain Sokhna. The $300 million facility will produce flat and photovoltaic glass for solar panels, with a daily capacity of 1,000 tons of flat glass and 800 tons of photovoltaic glass, and is expected to create 1,000 jobs.
VPK Group commissioned FMW Industries to supply an OCC pulper feeding line and automatic bale wire cutter for its Oudegem facility in Belgium. The system has a capacity of 1,200 BDMT per day and is scheduled for commissioning in October 2025.
Groupe Atlantic held a groundbreaking ceremony for a new €140 million heat pump plant in Saône-et-Loire, France. The plant will produce 150,000 heat pump units per year, create 300 jobs, and is expected to be operational in January 2026.
FUCHS SE completed the acquisition of Swiss lubricant company STRUB & Co. AG, based in Reiden, Switzerland. STRUB will continue under its own brand, with Diana and Marcel Strub remaining in management.
Globetronics Technology Bhd entered a strategic partnership with POET Technologies Inc to manufacture and test optical engines for data centres and telecommunications. Globetronics will handle assembly, packaging, and testing, while POET provides designs and materials.
Copeland and Daikin announced a joint venture to supply inverter swing rotary compressors for residential heat pumps in the US. The venture is expected to launch in the first half of 2025, pending regulatory approval, with Copeland holding a majority stake.
FORVIA expanded its existing site in Kenitra, Morocco, inaugurated on 28 November 2024, to scale up production capacity for global markets. The expansion is part of a combined investment with the Salé plant expected to create 2,000 jobs by 2027.
Egyfco, a subsidiary of Georg Fischer AG, has opened a new factory in Egypt in partnership with Gas Egypt and Green Coast Enterprise. The plant will produce HDPE and MDPE pipes for infrastructure projects.
Eagle Materials has awarded thyssenkrupp Polysius a contract for the modernisation and expansion of its Laramie, Wyoming cement plant. The project will expand capacity to approximately 1.1Mt/yr and includes an alternative fuel substitution system.
Vishay Intertechnology plans to invest £51 million in the Newport Wafer Fab (Newport Vishay) in Wales, UK. The Welsh government is supporting the investment with £5 million.
Saint-Gobain Weber Türkiye has opened its 7th factory in Diyarbakır, Turkey. The facility covers 25,000 m² with an initial annual production capacity of 200,000 tons of construction materials.
Cementos Yura, a subsidiary of the Gloria Group, has commenced operations at a new US$4m operating centre in the Ica region, Peru. The facility includes a warehouse and manoeuvring yard to bolster cement supply.
Dagang Holding Group plans to jointly invest with Shaanxi Qihe Machinery Technology Partnership and Chairwoman Wang Yan to establish Shaanxi Dagang Industrial Co., Ltd. in Shaanxi, with a registered capital of 10 million yuan.
ServiceNow acquired Mission Secure to integrate its OT asset visibility technology into the Now Platform, enhancing capabilities for industrial markets including manufacturing, energy, and oil and gas. The acquisition was announced in November 2024.
Hyderabad-based Althion raised Rs 3.6 crore in pre-Series A funding led by IAN Group-powered BioAngels to pilot manufacturing of 40 tabletop water purification units, expand R&D for kidney dialysis, and establish a larger facility.
Jodima Group acquired Swedish-Dutch peer Kemetyl, forming a group operating under the Kemetyl name with four production facilities across Europe. The combined entity has €170 million annual turnover and 150 million litres production volume. The announcement was made on 3 December 2024.
Italian steel handler Transped ordered a Konecranes Gottwald Generation 6 mobile harbour crane for Venezia-Marghera port. Konecranes booked the order in Q4 2024, with delivery scheduled for Q2 2025.
Rathna Packaging India has placed orders for two Windmöller & Hölscher Optimex II blown film lines and a pair of Alphaflex CI flexo presses, to be commissioned in mid-2025. The order is one of the most notable flexible packaging orders this year.
Ypsomed is making a major investment in a new tool manufacturing facility in Solothurn, Switzerland, to double production of high-precision injection moulding tools for self-injection devices. The facility will feature advanced machinery including 5-axis milling machines and EDM systems.
Unibap has received a follow-up order worth $2.9 million from US-based space and defense company Moog for products within the Unibap IX10 platform. Delivery is scheduled for the first half of 2024.
Huohu Technology, a new company under Anhui Yingjia Group, opened a fully automatic dendrobium juice beverage production line on November 28, 2024, in Tianjin, China. The line, supplied by Istar, is worth over $10 million.
Glencore will acquire a 3.03% stake in the Alunorte alumina refinery in Barcarena, Pará, Brazil, from Companhia Brasileira de Alumínio (CBA) for 237 million reais (approximately $40 million).
KGA held a groundbreaking ceremony for a new factory in Pyeongtaek Brain City, South Korea, with a planned investment of approximately KRW 70 billion. Construction is expected to be completed by the second half of 2025, producing battery electrode process equipment and new business equipment.
Končar – Instrument Transformers has delivered 77 current, voltage, and combined transformers up to 420 kV to Czech customers, mainly CEPS, with deliveries under two multi-year contracts including almost 200 units by early 2023. In August 2023, CEPS awarded two additional long-term contracts for high-voltage instrument transformers with deliveries through end of 2025.
Anhui Heli Co., Ltd. announced it will acquire 65.15% of Anhui Haoyun Machinery Co., Ltd. for CNY 160 million and 51% of Anhui Anxin Fork Co., Ltd. for CNY 36.854 million, totaling CNY 197 million, from its parent company's subsidiary Anhui He'an Electromechanical.
Naba Alsaha Medical Services Co. awarded Siab Aluminum Factory a contract worth SAR 10.3 million to supply, install, and test glass facades and aluminum cladding for Naba Alsaha Hospital in Riyadh.
UBE Corporation decided to increase production capacity of high-purity nitric acid for semiconductor applications at its Ube Chemical Factory in Yamaguchi, Japan, by about 30% compared to current levels.
ANDRITZ inaugurated a new technical center in Montbonnot, France, with a pilot line for dry molded fiber production, based on a partnership with PulPac. The facility supports development of industrial-scale DMF production plants for packaging.
Heidelberg Materials US, Inc. entered into a definitive agreement to acquire Giant Cement Holding Inc. from Cementos Portland Valderrivas and Fortaleza Materiales for approximately $600 million.
DS Smith announced a €34.4m investment at its Füzesabony, Nagykáta and Győr sites in Hungary, aiming to raise manufacturing capacity by over 40%, with completion expected by April 2026.
Quang Tri province approved the investment plan for A&C International Packaging's aluminum can factory at Quan Ngang Industrial Park, Gio Linh district, with total investment just over $100 million and planned capacity of 1 billion cans per year.
EnPlus disclosed a supply contract worth 8,372,410,000 KRW with BIZTEL Pte. Ltd. for large pump trucks, running from 28 November 2024 to 31 October 2025.
Biffa has been awarded a £3 million three-year contract to collect and manage about 15,000 tonnes of waste from DS Smith sites across the UK, with zero waste sent to landfill.
Otokar signed a contract with the Romanian Ministry of Defence, represented by Romtehnica, for the supply of 1,059 4x4 tactical wheeled light armoured vehicles, valued at approximately 4.26 billion RON.
Xinjiang Xinye Energy Chemical Co., Ltd. successfully started production at its 200,000 tonnes/year BDO Phase II project on November 27, 2024, producing first-grade BDO product with 99.75% purity. The project involved a total investment of 1.8 billion yuan.
Knauf Insulation completed a £40m+ upgrade of its glass mineral wool plant in St Helens, UK, increasing capacity by up to 25,000 tonnes and adding UK-first forming technology. The plant was officially reopened on 27 November 2024.
Forvia officially opened a new manufacturing facility in the Technopolis industrial zone in Salé, Morocco, specializing in cutting and production of automotive seat covers. The plant is expected to create up to 1,400 jobs by 2027.
Randoncorp inaugurated a new Castertech foundry and technology unit in Mogi Guaçu, São Paulo, with an initial investment of about R$130 million. The plant has a built area of 10,000 m² and capacity to produce over 22,000 tons per year and 350,000 brake drums annually.
APM Terminals ordered 20 Kalmar hybrid straddle carriers for its MedPort Tangier terminal in Morocco, to be deployed across Q2 and Q3 of 2025.
American Industrial Acquisition Corporation (AIAC) acquired KI (USA) Corporation, a metal stamping and welding company, from Keiaisha Co., Ltd. The deal includes KI-USA's Mexican subsidiary.
SensoDetect AB and Beijing Haierxi Medical Technology Co. signed a term sheet for a strategic joint venture in China.
Cynergy was awarded a $3,949,259 contract by the Metropolitan Washington Airports Authority in April 2022 for the replacement of an electrical substation at Dulles Airport.
Wipro has been awarded a four-year, $100 million contract extension by Marelli's Italian unit for cloud transformation services, including migrating Marelli's Milan Data Centre to the cloud.
Biesse UK announced the integration of GMM products into its stone portfolio, following the Biesse acquisition of GMM. The integration begins on 1 January 2025, including machinery sales, parts and service.