The Métropole Européenne de Lille awarded a €293.38 million global performance contract for the extension, reconstruction, operation and maintenance of the Wattrelos wastewater treatment plant. The contract was awarded to a consortium including HB Architectes, NGE, Stereau, Atelier 981, SAUR, Demathieu et Bard Construction, and Artelia.
BOE Technology Group, through its subsidiary Tianjin BOE Innovation Investment, is collaborating with partners to invest 33 billion yuan ($4.55 billion) in a new 12-inch integrated circuit production line at Beijing Electronic Control Integrated Circuit Manufacturing Co. The project targets 28nm to 55nm process nodes, with mass production expected by end of 2026 and monthly capacity of 50,000 wafers by 2030.
Haier Smart Home completed the acquisition of Carrier Global's commercial refrigeration business for an enterprise value of approximately $7.75 billion. The deal includes Carrier's commercial refrigeration, Profroid, Celsior, and Green&Cool brands, and related technology including CO2 refrigeration.
APALT signed an investment promotion agreement with Shenyang Huishan ETDZ to build a northeast China headquarters production site for lightweight automotive aluminum semis (Phase I) in Shenbei New District. Total investment is 600 million yuan, with expected annual output of 1.2 billion yuan and additional aluminum extrusion capacity of 50,000 mt upon full production.
Deepak Chem Tech Limited (DCTL), a subsidiary of Deepak Nitrite, approved a ₹5,000 crore investment to build a greenfield polycarbonate resin plant in Dahej with an annual capacity of 165,000 metric tonnes. The plant is expected to be commissioned by Q4 of FY2028.
Bosch and Jiangling Group signed a joint venture agreement in Nanchang to develop and sell electric drive axle systems for light commercial vehicles. The registered capital is 500 million yuan (63 million euros), with Bosch holding 60% and Jiangling 40%.
Oman Flour Mills (OFM) is pursuing mergers and acquisitions of food-related businesses in Oman and the Gulf, including a large industrial bakery (unnamed) and a major feed mill. The transactions are expected to be completed by mid-2025.
CT Semiconductor announced a development plan for a $100 million OSAT factory in Thu Duc City, Ho Chi Minh City, Vietnam. The 10,000-square-meter facility will have a capacity of 2 million semiconductor chips per month and is expected to commence operations in 2025.
Beijing is spending 33 billion yuan ($4.6 billion) to build a 12-inch wafer fabrication facility, led by Beijing Yandong Microelectronics (YDME) with a 24.95% stake, and including BOE Technology as an investor. The announcement was made on November 16, 2024.
SIG is building its 10th global aseptic carton plant in Ahmedabad, India, with an EUR 60 million investment and an initial capacity of 4 billion packs per year, with ramp-up expected in early 2025.
TTS Group acquired AUDECE, a company specialized in industrial automation and custom machinery, effective November 15, 2024.
The Direction Générale de l'Aviation Civile (DGAC) awarded a contract for the replacement of three chillers in Pointe-à-Pitre to Bobion et Joanin. The contract value is €1,664,000 for a 5-year period, notified on November 15, 2024.
HECO, Inc. acquired Warwood Armature Repair Company and its sales division WARCO Sales Inc., based in Wheeling, West Virginia, effective November 15, 2024. The acquisition adds electric motor repair, sales, and gearbox repair capabilities for the coal, steel, shale, and industrial sectors.
BAE Systems is investing £25 million ($31.5 million) in a new factory in Sheffield, UK, to restart production of M777 howitzer components. The 8,732-square-meter facility will support 50 jobs and is expected to come online in 2025.
HUBER Technology inaugurated a new location in Rivanazzano Terme, Italy, its second site in the country, to strengthen local presence in wastewater treatment, drinking water treatment, and sewage sludge treatment.
The Government of Canada announced a $27 million investment in Bartek Ingredients Inc. to support its $192.5 million project to construct a new food-grade acid manufacturing facility in Stoney Creek, Ontario, which will maintain 160 jobs.
Volvo Construction Equipment inaugurated a new 1,500-square-meter facility in Arvika, Sweden, dedicated to producing electric wheel loaders, following a SEK 65 million investment.
Candu Energy Inc., an AtkinsRéalis company, in a joint venture with Fluor Corporation, Ansaldo Nucleare and Sargent & Lundy, was awarded a contract by EnergoNuclear S.A. to build two new CANDU reactors at the Cernavoda Nuclear Generating Station in Romania.
BLT was awarded a new A320 O-Ring work package by Airbus Atlantic during the 15th China International Aviation and Aerospace Exhibition. BLT will use its BLT-S400 machine and superalloy powders for serial production of metal O-rings.
John Cockerill signed a definitive agreement to sell its Balteau business, a water treatment specialist based in Sprimont, Belgium, to the Wanty Group on 15 November 2024.
SE Coopermatics Industrial Filtration inaugurated a new state-of-the-art manufacturing facility in Coimbatore, India, to produce high-quality filtration solutions for the steel industry.
Super Radiator Coils will invest $22 million to expand its Chesterfield County, Virginia facility, adding 80,000 square feet and upgrading machinery, creating 160 new jobs.
Logistex secured a significant automation contract with Yusen Logistics (UK) for a new 1.2 million square foot warehouse in Northampton. The facility will include AS/RS, pallet shuttle, and AMR solutions.
Kongsberg Automotive secured a six-year contract extension worth over €21.5 million in estimated lifetime revenue for fluid transfer assemblies, awarded by a global OEM for heavy-duty trucks. Production will be at the Ramos Arizpe, Mexico plant.
Gmundner Molkerei is investing a double-digit million euro amount in a new, modern cheese dairy at its Gmunden site, expanding capacity by 15,000 tonnes per year. Completion is planned for spring 2026.
SoftBank Group Corp. will acquire Ampere Computing, a silicon design company, in an all-cash transaction valued at $6.5 billion. Ampere will operate as a wholly owned subsidiary of SoftBank Group.
A joint venture between NTPC Green Energy and ONGC Green Energy is the highest bidder for Ayana Renewable Power, with a bid of about $650 million. Ayana operates solar and wind plants producing 1,600 MW.
Ansaldo Nucleare, in a joint venture with Candu Energy, Fluor, and Sargent & Lundy, won a contract from EnergoNuclear for engineering, procurement, and construction management services to build Units 3 and 4 at the Cernavoda Nuclear Power Plant in Romania.
Deepak Chem Tech Limited plans to invest Rs 5000 Crore in a greenfield polycarbonate resin plant at Dahej, Gujarat, with a capacity of 165,000 metric tonnes per year. The plant is expected to be commissioned by Q4 FY 2028.
Deepak Chem Tech Limited, a subsidiary of Deepak Nitrite, will acquire Trinseo's polycarbonate assets in Stade, Germany, including a technology license, for Rs 5000 Crore. The acquisition supports a new greenfield polycarbonate resin plant in Dahej, India.
Aluminium du Maroc announced the merger-absorption of its subsidiary Industube, increasing aluminum profile production capacity by 35% to 27,000 tons per year and powder coating capacity by 50% to 21,000 tons per year.
Myant Corp. announced the acquisition of Nanoleq and Osmotex, two Swiss textile computing companies, to expand its advanced materials and healthcare portfolio.
Tedagua, in collaboration with Majoin, was awarded a contract for the operation and maintenance of 10 WWTPs, 3 WWPS, and 12 external overflows in Caceres, Spain.
Metro North Hospital & Health Service awarded a contract to Carl Zeiss Pty Ltd for the supply of medical equipment, valued at $1,105,796.
Kemira plans to build a re-activation plant for activated carbon at its Helsingborg site in Sweden, with a low double-digit million euro investment, expected operational in H2 2027.
Komatsu plans to expand battery production capacity at its U.S. unit by four times, targeting the mining industry's electrification push.
Trane Technologies has put a new Thermo King plant into operation in Suzhou, Jiangsu, with an investment of 300 million yuan ($41.48 million), to produce transport refrigeration products for China and Asia-Pacific markets.
Carrier began construction on a rotor compressor project in Baoshan district, Shanghai, on November 15, 2024, with a total investment of 200 million yuan to add a production line at its existing base.
Alfa Laval has secured two contracts worth 350 million SEK to supply HVO pre-treatment units for the CBSR biofuel plant under construction in Huelva, Spain, which will produce 500,000 tonnes of SAF and renewable diesel annually.
Brazilian packaging maker Wyda Packaging has opened a 15,000 sq ft factory in Charlotte, N.C., to produce recyclable aluminum foil and trays with capacity of 6,000 tons per year.
Rajshree Polypack Limited won an order worth USD 0.67 million (about INR 56.0 million) from an international entity, a leading USA-based distributor of food containers, to supply customized injection moulded food packaging by 25 February 2025.
Novapet, part of the SAMCA Group, announced the acquisition of PET packaging maker ENSO from GED Capital. The deal creates a vertically integrated group with five production plants in Spain and Portugal, with projected annual turnover above 400 million euros.
Samsung E&A signed an EPC contract with Ras Laffan Petrochemicals for an ethylene storage plant in Ras Laffan Industrial City, Qatar. Samsung E&A's share is about KRW 301.9 billion (about USD 215 million) of a total KRW 588.2 billion contract, to be executed over 34 months in a joint venture with CTCI.
Frain Industries announced a 200,000-square-foot showroom expansion at its Carol Stream, Illinois facility, slated for completion in mid-2025. The expansion will increase floor space by 60% and become the largest manufacturing facility in Carol Stream.
Rheinmetall Canada received two contracts from the Canadian government totaling over $400 million to produce 85 HX 8x8 heavy recovery vehicles for the Canadian Armed Forces and provide support services, creating 30-40 jobs.
Hiab owner Cargotec has sold the MacGregor crane and marine hatch manufacturing business to Triton Partners.
ECARX has entered into a three-year components procurement and R&D services agreement with Geely Auto, effective November 14, 2024. The agreement covers annual caps of approximately RMB 6.39 billion, RMB 6.43 billion, and RMB 6.49 billion for 2025, 2026, and 2027 respectively.
Panjin Sanli Zhongke New Materials Co., Ltd. is nearing completion of its 100,000-tonne-per-year new materials production project in Panjin, Liaoning, China, and will soon begin trial production. The project, with total investment of 2.1 billion yuan (phase 1: 1.1 billion yuan), produces MMA, PMMA, and n-propanol using a domestically developed ethylene three-step process.
ECARX entered a three-year components procurement and R&D services agreement with Geely Auto, effective November 14, 2024, with annual caps totaling approximately RMB 6.39 billion for 2025, RMB 6.43 billion for 2026, and RMB 6.49 billion for 2027.
TotalEnergies awarded Saipem an EPCI contract valued at $1.9 billion for the subsea umbilicals, risers, and flowlines package for the GranMorgu project offshore Suriname.