ABC International Srl and AeroChamp Aviation have signed a partnership agreement to combine their capabilities in aircraft cabin certification, modification, and interior parts manufacturing, offering end-to-end cabin retrofit and branding solutions.
Vicat's subsidiary Sococim is close to completing a €290 million investment at its cement plant in Rufisque, Senegal. The project, called 'Four 6', will add 2 million tonnes of cement capacity and a new clinker line of 6,500 tonnes per day, with ramp-up expected in H1 2025.
Ruukki Construction will deliver Ruukki Life LowCarbon sandwich panels made with SSAB's fossil-free steel for three new AWS data centers in Eskilstuna, Katrineholm and Västerås, Sweden. The panels will be used for wall and roof structures.
Norwegian fish processing equipment manufacturer MMC FIRST PROCESS signed an agreement with salmon processor Slakteriet AS to deliver an energy management system for facilities in Brekke and Florø. The delivery includes freezing tunnels, freezers, cold stores, and modernization to CO2 refrigerant.
Continental Diamond Tool (CDT) in Kinmel Bay, North Wales, is investing £250,000 in new equipment and planning a move to a 30,000 sq ft factory next year. Its US owners are investing £4 million overall to triple production capacity and create 40 new jobs.
Fortescue awarded a contract potentially worth over US$400 million to XCMG to supply over 100 pieces of zero emissions heavy mobile equipment, including battery electric wheel loaders and graders, for its Pilbara mining operations. The first equipment is expected to be deployed from 2026.
Samancor Chrome and Transnet, in partnership with Bidfreight Port Operations and Steinweg, piloted articulated skips for chrome loading at Maydon Wharf Terminal in South Africa, achieving a loading rate of 350 tonnes per hour per crane and a 40% improvement in vessel turnaround time.
Mitsubishi Power will supply gas turbines for Qatar's Facility E independent water and power producer project in Ras Abu Fontas, awarded to a consortium led by Sumitomo Corporation. The project has a power generation capacity of 2,415MW and a desalination capacity of 110 MIGD, with a target commercial operation date of 2029.
Aqualectra and Seven Seas Water Group signed a 20-year BOOT agreement for Seven Seas to construct a seawater reverse osmosis plant in Hato West, Curaçao, supplying at least 25,000 cubic meters of drinking water per day. The plant is scheduled to commence operations in October 2026.
DG Innovate signed a joint venture agreement with EVage Automotive to manufacture and supply Pareta e-drives in Chandigarh, India. DGI will own 60% and EVage 40% of the JV, which aims to produce approximately 100,000 units over four years.
Patlon Aircraft and Industries was awarded a series of contracts worth over $30 million by Irving Shipbuilding to supply and quality check hose systems and bellows for the Royal Canadian Navy's new River-class destroyers. The contract will require Patlon to add at least two new employees.
Volkmann celebrated the groundbreaking of a 48,437 sq. ft. expansion at its global headquarters in Soest, Germany, to increase production capacity for pneumatic vacuum conveying systems and bulk material handling equipment. The expansion is expected to be completed and operational during 2025.
Xuzhou Construction Machinery Group (XCMG) has secured a USD400 million contract to supply over 100 pieces of zero-emissions mining equipment to Australian iron ore miner Fortescue. The equipment will be delivered to Fortescue's Pilbara operations by 2030, with first deployment expected in 2026.
The flat steel complex at Tosyali's iron and steel plant in Bethioua, Oran, Algeria, entered service in late October 2024 with an annual production capacity of 2.5 million tonnes. A cold rolling mill is expected to be completed in the first half of 2026.
FRX Innovations Inc. has entered into a stock purchase agreement to sell all equity interests in its operating subsidiary FRX Polymers, Inc. to FRX Acquisition, Inc. for US$1.5 million in cash plus other considerations.
Neuman & Esser (NEA) began operations at its new factory for low-carbon hydrogen generators in Belo Horizonte, Brazil, with an investment of R$ 70 million. The plant is four times larger than the previous one, with a production capacity of up to 70 MW/year of PEM electrolyzers.
Neuman & Esser inaugurated an expanded plant in Belo Horizonte, Minas Gerais, producing containerized low-carbon hydrogen generators and compressors. The new 3,500 m² factory is four times larger than the previous one, with capacity of up to 70 MW/year and about 200 jobs created.
Stora Enso is starting a new production unit in Skene, Västra Götaland, under a license from Gothenburg-based PulPac to make molded-pulp paper lids and biobased food packaging, with commissioning planned for late 2024.
Kuehne+Nagel BeNeLux and drinking-system maker air up extended their partnership so the Veghel facility will handle production and packing of scent pods across the EU, Switzerland and Norway from 2025.
Inoxpa has acquired a 60% stake in two Shanghai commercial companies, YRP Flow Technology and Process Partners, for about EUR 3 million as part of its China expansion.
Spanish pump and valve maker Inoxpa has invested EUR 13.5 million to expand its factory in Pune, India, which employs 340 workers and makes 70% of its catalogue.
Hinojosa Packaging Group is rebuilding its PM 1 paper machine at Alquería, Spain with supplier Voith, raising containerboard output about 19% to 128,000 tons per year. The shutdown and restart are scheduled for Q1 2026.
Azelis has signed an agreement to acquire 100% of the shares of a specialty distributor of food ingredients and industrial chemicals based in Finland.
WEG acquired REIVAX, a Brazilian company specializing in control solutions for power generation, to expand its control systems business in hydroelectric, photovoltaic, wind and cogeneration markets.
At bauma China 2024, XCMG unveiled version 2.0 of its 85 t class cabless, autonomous and electric mining truck (ZNK95) and the XE1600H hybrid mining excavator, claimed as the world's largest hybrid mining excavator. The ZNK95 is being used by Huaneng Group at its Yimin open-pit coal mine.
XCMG signed a contract valued at CNY 3 billion with Fortescue Group to supply over 100 zero-emission heavy mobile units for iron ore operations in Western Australia. First batch expected by 2026.
Belgium-based The Cotton Group has acquired 100% of the shares of Falk&Ross Group Europe GmbH, a major European promo apparel supplier. Financial terms were not disclosed. Falk&Ross will continue to operate independently as a multi-brand wholesaler.
XCMG and Tsingshan Holding Group signed a joint venture agreement to build a new energy construction machinery manufacturing plant in Indonesia. It will be XCMG's first mainframe factory in Southeast Asia and Indonesia's first new energy products factory.
CITIC Environmental Technology won the bid for the Phase I renovation project of Jiaxing United Wastewater Treatment Plant. Its subsidiary Mideang Membrane will supply MBR membrane systems for a 100,000 m³/day upgrade.
Universal Robots, a Denmark-based collaborative robot manufacturer, has expanded manufacturing capabilities to China, establishing its first overseas production facility. The move aims to better serve the Chinese industrial robot market.
SAIC Motor and Volkswagen AG signed an agreement on November 26, 2024, to extend their SAIC Volkswagen joint venture by 10 years until 2040. The venture will develop 18 new models by 2030, including pure electric and plug-in hybrid vehicles.
At Bauma China 2024 on November 26-28, XCMG signed substantial orders including the XCMG green mountain new energy construction machinery manufacturing project with Indonesian partners, a large-tonnage crawler crane export contract from China, and an electric mining machinery export contract.
Rolls-Royce Corp. was awarded a $695,336,976 firm-fixed-price contract by the U.S. Navy to provide sustainment support for the AE1107C engine used on V-22 Osprey variants. Work will be performed in Indianapolis, Indiana, and is expected to be completed by November 2026.
Siemens Ltd approved an additional investment of Rs.100 crore at its Kalwa transformer manufacturing facility in Maharashtra to enable expansion of product range to include large reactors. This follows a Rs.360 crore investment announced in November 2023 to expand capacity from 15,000 MVA to 30,000 MVA by December 2025.
ELSiB will deliver two 130 MW turbine generators to Novosibirsk CHP-3 as part of a modernization program under the DPM-2 federal program, increasing the plant's electrical capacity by 8%. The first generator is nearly complete, with delivery scheduled for end of February 2025.
Managem chose Epiroc to supply mining technology and equipment for its Tizert copper mine project in Morocco, aiming to optimize safety and productivity for the underground mine targeting 3.6 million tonnes of copper per year.
Talbros Automotive Components Limited and its joint ventures secured orders worth approximately ₹475 crore from OEMs for gaskets, heat shields, forging components, chassis, and hoses, to be executed over five years.
GE Vernova secured a contract from Powerlink to deliver 69 Dead Tank Circuit Breakers for Queensland's Capital Work program, supporting renewable energy integration.
Hypertherm Associates and BLM GROUP announced a strategic partnership including a minority stake investment by Hypertherm in BLM GROUP and a commercial agreement to expand demand for BLM GROUP's tube laser cutting and bending systems in North America and Europe.
Bridgnorth Aluminium started a £2 million investment in molten metal filtration equipment at its 66-acre site in Bridgnorth, U.K., to support growth in EV battery foil and high-end packaging markets.
The National Company Law Tribunal, Mumbai Bench, sanctioned the Composite Scheme of Arrangement between Kesoram Industries Limited and UltraTech Cement Limited, approving the merger. The Competition Commission of India had approved the scheme on March 19, 2024.
FIGEAC AÉRO North America was awarded a contract by Textron Aviation Defense to manufacture wing skins for the Beechcraft T-6 Texan II and AT-6 Wolverine aircraft, valued at €5 million.
Lennox inaugurated its fourth plant in Mexico, located in Ramos Arizpe, Coahuila, with an investment of US$150 million. The plant currently employs 900 workers and plans to expand to over 2,400.
Weidmann Electrical Technology has received $13 million in New Markets Tax Credits to finance the expansion of its transformer board manufacturing capacity and construction of a finished goods storage facility in St. Johnsbury, Vermont.
The Middleby Corporation has acquired Gorreri Food Processing Technology, an Italian manufacturer of baked goods equipment, with annual revenues of $20 million.
Biesterfeld has entered a partnership with Anomera Inc. to distribute DextraCel nanocellulose products in multiple European countries for the CASE industry.
The first phase of Loyal Group's polystyrene project in TEDA Nangang Industrial Zone, Tianjin, has entered trial production. The project is the world's largest EPS production base, with total investment of $138 million and annual capacity of 500,000 tons.
Valeo and ROHM Semiconductor announced a collaboration to develop next-generation power modules for electric motor inverters, with ROHM providing SiC molded modules.
BI Matrix has signed a 2.8 billion won supply contract.
Padu has signed a 6.6 billion won contract to supply SSD controllers to an enterprise customer.