Swiss company Bourquin SA put a new state-of-the-art corrugated cardboard machine into operation at its Oensingen site on November 19, 2024, as part of an investment package to raise capacity and productivity.
DS Smith and Zalando renewed their long-term partnership under which DS Smith will supply fibre-based corrugated packaging for Zalando's e-commerce operations across several European countries, starting April 2025.
Russia's Novgorod SEZ expert council approved the application of Obedinenny Mashinostroitelny Zavod LVM to produce pump units, spare parts and piston compressors for Russian nuclear power plants. The investment is 1 billion rubles and creates 120 jobs.
Xinchang Youjia Machinery is carrying out a technical upgrade in Xinchang County, Shaoxing, Zhejiang, to produce 30 million valve seats a year for solenoid and expansion valves. The project has a stated investment of 28.5 million yuan and is under main construction, with completion planned for Q4 2026.
AGITO Group has installed a novel automated beverage-filling system at Coca-Cola Europacific Partners in Australia.
Wolffkran Holding AG and Zamil Group Investment Company entered a joint venture agreement, with Zamil acquiring a 50% stake in Wolffkran for Equipment, and plans to establish a tower crane manufacturing facility in Saudi Arabia.
Chinese automotive supplier CAIP broke ground on its first overseas factory in Nyíregyháza, Hungary, on 18 November 2024. The facility spans 60,000 square meters with a total investment of €60 million and is expected to produce 450,000 sets of automotive interior and exterior trim products annually.
Onsemi announced it has been selected as the primary supplier for Subaru's advanced EyeSight stereo-camera front sensing system, providing its Hyperlux AR0823AT image sensor for future vehicle models.
onsemi announced it will be the primary supplier of Hyperlux AR0823AT image sensors for Subaru's next-generation EyeSight stereo-camera front sensing system in future vehicle models.
GE Vernova has signed a definitive agreement to acquire Woodward, Inc.'s heavy duty gas turbine combustion parts business based in Greenville, South Carolina. The transaction is expected to close in early 2025; financial terms were not disclosed.
Foxconn is building new factories in the United States, Mexico, and Taiwan to expand testing and production of NVIDIA Blackwell products. The facilities are being brought online using NVIDIA Omniverse digital twins and industrial AI.
Hranec Corp is investing $15.5 million to build a 200,000 sq ft facility in German Township, Pennsylvania, creating 84 new jobs and retaining 124 jobs. The state is investing $3 million.
Rollon Corp is opening a new 147,000 sq ft manufacturing facility in Norton Shores, Michigan, and a new business office in New Jersey to serve the Americas.
Aqua + tech specialities will build a new plant in Estavayer-le-Lac, Switzerland, to produce coagulants for water treatment. The investment is CHF 6 million.
Echolight has signed an agreement enabling Siemens Healthineers to resell Echolight bone densitometers in the US for women's health solutions.
Samgi has secured a KRW 160 billion order from a major US automaker for internal combustion engine and hybrid vehicle parts. The contract runs from 2027 to 2032.
Swisslog has partnered with Gias Srl to construct an advanced automated frozen food warehouse in Italy. The project includes a high bay warehouse with three Vectura S42 stacker cranes, a monorail system, and SynQ software. Work started in July 2024, with completion expected by June 2026.
Towlift announced the rebranding of FMH Material Handling Solutions and Intermountain Lift Truck, which were acquired in 2022, to operate under the Towlift name, expanding its presence across the Western United States.
MBDA Deutschland held a groundbreaking ceremony for new missile production facilities (Missile Hubs) at its Schrobenhausen site. The investment will add thousands of square meters of production space, bunker and storage capacity by 2028, and the workforce is planned to increase by 25% to over 1,700 by end of 2025.
Seating Matters is investing £3.7 million in its manufacturing facilities in Limavady and Derry, Northern Ireland, creating 62 new jobs. The expansion aims to triple turnover by 2027.
Jones Family of Companies and ECO Fiber Inc. formed a joint venture to create ECO Fiber Packaging, a sustainable cold chain packaging company. As part of the deal, Jones Family of Companies acquired the textile assets of ECO Fiber Inc.
ddchem appointed Barentz as a distributor channel partner for its portfolio of epoxy hardeners, hot melt polyamides, and epoxy systems across the U.S. Midwest and Canada.
PG Electroplast's subsidiary PG Technoplast signed a definitive agreement to become the exclusive manufacturing partner for Spiro Mobility's electric vehicles and lithium-ion batteries in India. PG Technoplast will set up and manage manufacturing facilities, while Spiro handles R&D, marketing, and distribution.
Abbott officially opened a new €440 million manufacturing facility in Kilkenny, Ireland, for FreeStyle Libre 3 sensors. The 30,000-square-meter plant is expected to employ over 800 people.
GKN Aerospace delivered the first two C-27J nacelles to Leonardo Aircraft in September and October 2024, reestablishing composite manufacturing capabilities and securing business continuity for the next five years.
CTCI Corporation, in a joint venture with Samsung E&A, won a $417 million EPC contract from Ras Laffan Petrochemicals to build a 30,000-tonne ethylene storage facility and utility infrastructure in Ras Laffan Industrial City, Qatar. The contract period is 34 months.
Textron Aviation received a $276.8 million contract modification from the U.S. Navy to produce 26 T-54A aircraft, with work in Wichita, Kansas and Corpus Christi, Texas, to be completed by September 2026.
Kemira plans to expand its manufacturing facility in Helsingborg, Sweden, by building a reactivation plant for activated carbon, with an investment in the double-digit millions of euros. A final decision has not yet been made.
Shanghai Electric Wind Power Group has won a bid to supply 20 units of 10 MW wind turbines for the 200 MW Huadian Suihua Anda wind power project in Heilongjiang, China.
VanTran Transformers, recently acquired by MGM Transformers, will expand its manufacturing capabilities in Waco, Texas with a new 430,000 square-foot facility. The $20 million project will add up to 700 jobs over five years, with production anticipated by Q1 2025.
Webuild, leading the Terra Verde joint venture with GS E&C and Bouygues Construction Australia, has signed a AU$1.7 billion contract to design and build the Tunnels North contract of Suburban Rail Loop East in Melbourne.
Bell Textron has selected Integris Composites to supply armor systems for the U.S. Army's Future Long Range Assault Aircraft (FLRAA). The contract was announced on November 18, 2024.
A joint venture of Japan's IHI Corporation and Kuwait's Heavy Engineering Industries & Shipbuilding Company (Heisco) received a letter of award for a contract worth KD 173.18 million ($566 million) to upgrade eight steam boilers, the thermal control system, and auxiliary systems at the 2.4 GW Doha West power plant in Kuwait. The contract is expected to be signed by end of November 2024.
MAHLE has been commissioned by MAN Truck & Bus to supply components, including a hydrogen power cell unit (piston, rings, pin, cylinder liner) and valve train parts, for the hydrogen engine of the MAN hTGX truck. MAN plans to build around 200 units for selected markets starting in 2025.
Metso Outotec inaugurated an expanded screening equipment manufacturing capacity in Sorocaba, Brazil, increasing annual output from 250 to 500 units. The investment of approximately €3 million also includes a new injection press for rubber screening panels, boosting capacity by 50%, and will create about 35 jobs.
Levi Semiconductor, with support from Enterprise Armenia, will establish Armenia's first semiconductor and silicon photonic microchip plant in Yerevan. The $34 million investment will create 86 jobs and produce at least 12,000 microchip substrates annually.
Ampron (301413.SZ) received a project award notice from a leading Chinese new energy vehicle company to supply hybrid transmission system pressure sensors (ceramic capacitive type). The initial one-year order is valued at approximately 16.128 million yuan, with deliveries starting in Q1 2025.
Samkee has secured a 160 billion won OEM contract from a major US automaker to supply internal combustion engine and hybrid parts. Production will run from 2027 to 2032 for the North American market.
Spirit AeroSystems has agreed to sell its Fiber Materials, Inc. (FMI) business, based in Biddeford, Maine and Woonsocket, Rhode Island, to Tex-Tech Industries for $165 million in cash. FMI produces high-temperature materials and reinforced composites for defense and space applications.
Gasunie awarded Mokveld Valves B.V. a contract worth EUR 5.7 million for OEM maintenance of actuators and valves, on 18 November 2024. Mokveld is the only party able to perform this maintenance because it holds the intellectual property.
Atlanta-based packaging supply chain firm Coregistics, a Red Arts Capital portfolio company, acquired contract packager Belvika Trade & Packaging, which operates from Mississauga, Ontario. No financial terms were disclosed.
Saudi dairy company Almarai named Swiss packaging group SIG a strategic partner for its five-year expansion plan, focused on flexible packaging and sustainability. The companies also launched a campaign marking 20 years of collaboration.
Chinese compressor maker Kaishan Group plans a $1 billion factory on a 20,000 square metre site in the İzmir Free Zone (İZBAŞ) to make compressors for geothermal and industrial plants, mainly for export. Groundbreaking was expected in Q1 2025, with completion within a year.
Kongsberg Automotive announced an extension of a contract for fluid transfer assemblies with estimated lifetime revenue exceeding €21.5 million, to be manufactured at its Ramos Arizpe plant in Mexico.
Keyto MY Sdn. Bhd., a subsidiary of Shenzhen Keyto Fluid Technology, inaugurated its fluid technology manufacturing plant in Batu Kawan, Penang, on November 18, 2024, expected to generate RM 65 million in sales over three years.
Arabian Centres Company (Cenomi Centers) awarded a 25-year BOOT contract to a consortium of FAS Energy and Sojitz Corporation for a 12,500 RT central cooling plant at the Jawharat Riyadh development. The contract value is SAR 14.4 million annually plus consumption and indexation charges.
Macmahon Holdings secured a two-year contract extension to continue providing underground mining services at Vault Minerals' Daisy Milano gold mine in Western Australia. The extension is expected to add approximately $90 million in revenue and runs until October 2026.
APALT signed an investment agreement with Shenyang Huishan ETDZ to build a northeast China headquarters production site for lightweight automotive aluminum semis in Shenbei New District. Total investment is 600 million yuan, with construction over 5 years and expected capacity of 50,000 mt of aluminum extrusions.
Boston startup Galy has signed a 10-year, $50 million partnership with Japanese manufacturer Suzuran Medical to supply lab-grown cotton fibers for use in cosmetic, medical and consumer products. The agreement starts when Galy launches its first commercial facility.
KIHOMAC broke ground on a new 130,000-square-foot aerospace manufacturing facility in Warner Robins, Georgia. The facility is expected to be complete by end of 2025 and will create 75 full-time jobs, specializing in metal, composite, and electrical components for aerospace platforms.