Clover Tool Manufacturing Ltd. is investing $15 million to expand its facility in Thornhill, Ontario, adding a 1,650-ton press and creating 14 new jobs, with $1.85 million in government support.

Fischer inaugurated a new production plant in El Talar, Buenos Aires, with an investment of nearly US$10 million, aiming to double production and export 20% by 2026.

Lubrizol and Polyhose signed an MoU to construct a medical manufacturing site in Tamil Nadu, India, to produce medical tubing for neurovascular and cardiovascular applications. The site will increase Lubrizol's local medical tubing volume five-fold.

AAON will invest $238 million to establish HVAC production operations in Memphis, Tennessee, creating 828 new jobs. The 787,000-square-foot facility will produce thermal management equipment for data centers under the BASX brand.

The Master Group, a HVAC and refrigeration distributor, opened a new LEED Gold-certified Eastern distribution centre in Saint-Bruno-de-Montarville, Quebec, with a $12 million investment. The facility offers greater storage and expansion capacity than the previous Boucherville location.

Cargotec has agreed to sell its MacGregor offshore crane and deck handling equipment division to European specialist investor Triton for €480 million. The transaction is expected to close by July 1, 2025, and will allow Cargotec to focus on its Hiab loader crane business.

Louisville Gas and Electric Company and Kentucky Utilities Company broke ground on Mill Creek 5, a 640-MW natural gas combined-cycle generating unit at the Mill Creek Generating Station in Louisville, Kentucky. The unit is expected to begin powering customers in 2027.

NEL has built a second highly automated production line in Herøya, Norway, increasing electrolyser capacity to one gigawatt per year and achieving a tenfold production increase since 2019.

Molex announced an agreement to purchase AirBorn, a manufacturer of rugged connectors and electronic components for aerospace, defense, and other markets. The acquisition is expected to close by early December 2024.

Nestlé USA announced a $150 million investment in its Gaffney, South Carolina production facility, including a new production line for single-serve frozen meals and enhanced automation.

Lubrizol and Polyhose signed a joint venture agreement to build a high-precision medical tubing facility in Chennai, India. The estimated investment is ₹200 crore, with construction starting in early 2025 and operations expected in 2026.

Tanzania's AMSONS Group received regulatory approval from the COMESA Competition Commission for its proposed acquisition of up to 100% of Bamburi Cement for $180 million (KES23.3 billion). The commission determined the merger does not pose a competition risk.

Kempf Gruppe acquired a majority stake in KeyBAKE Bakeware & Coatings B.V. from founders Linda Troisfontaine and Joop Kornelis. The transaction aims to strengthen both companies' positions in the international bakeware and coatings market, with significant investments planned at the Dutch production site.

Dabico Airport Solutions acquired Hitzinger's Airport Division, adding 28VDC power systems and 400 Hz electric and diesel ground power units to its portfolio of airport ground control equipment.

AAR CORP. signed an exclusive multi-year global distribution agreement with Whippany Actuation Systems, a TransDigm Group business, covering all components and sub-assemblies in Whippany's actuation product line for Boeing 737 and 777 platforms.

TransAlta Corporation entered an amending agreement to acquire Heartland Generation from Energy Capital Partners for approximately $542 million, including assumption of $232 million debt. The deal adds 1,747 MW of capacity in Alberta and includes required divestitures of Poplar Hill and Rainbow Lake assets.

EACON Mining secured a commercial order from the Zijinshan copper-gold mine to deliver autonomous haulage solutions on battery-powered XCMG EX80 trucks. The project is in its first phase.

AR Racking announced a €20 million investment to expand its production plant in Tudela, Navarre, Spain, supported by an €8 million capital injection from Instituto Navarro de Inversiones (INI). The expansion will create 35 direct new jobs.

Createc secured a £3 million contract from Sellafield Ltd for the provision, integration, and maintenance of a Quadruped Robotic Inspection Platform. The contract spans from July 2024 to July 2026.

Argos Wityu acquired German B2B laundry group Lavatio from Ufenau Capital Partners. Financial terms were not disclosed.

Happy Forgings Limited secured a five-year export order worth approximately ₹135-145 crores from a North American manufacturer of power generation equipment. Supply will commence in Q2 FY2026 and continue through FY31.

ABB completed its acquisition of Gamesa Electric's power electronics business in Spain from Siemens Gamesa. The business reported annual revenues of approximately €145 million. Financial terms were not disclosed.

Daegu City attracted three water technology companies—Namu Co., Ltd., J-Tech Water Co., Ltd., and Naegang Industry Co., Ltd.—to invest a total of 21 billion KRW to build manufacturing plants on a 23,000㎡ site in the National Water Industry Cluster. Operations are expected to begin in 2025, creating about 50 jobs.

HIMOINSA signed a strategic agreement with Peak Gen Power Ltd. to supply 10 units of HGY-2600 D5 generators (20 MW total) for a power plant in Peterborough, UK, that will use exclusively HVO fuel. The plant is expected to be commissioned in summer 2025.

FRIEDRICH VORWERK Group SE won a major contract for the realization of large sections of the EWA natural gas transmission pipeline, valued in the high double-digit million range.

Filtrox is expanding its Barnoldswick site with a multi-million-pound investment to increase capacity by 50%. Demolition contractor J Freeley completed groundwork, and the project includes new multi-storey buildings, converting, packaging, and warehousing facilities.

TechnipFMC received an iEPCI contract from TotalEnergies for the GranMorgu project offshore Suriname, valued at over $1 billion. The scope includes Subsea 2.0 tree systems, manifolds, and other subsea equipment.

Babcock & Wilcox received full notice to proceed on a $246 million contract to convert two coal-fired boilers at AES Indiana's Petersburg Generating Station to natural gas. The project is scheduled for completion in Q1 2027.

Klöckner & Co will build a new aluminum flat-rolled processing facility on the campus of Aluminum Dynamics LLC in Columbus, Mississippi. The investment aims to expand higher value-added services for automotive and industrial segments in North America.

KOASIA has signed a contract with Vietnamese semiconductor company Hyphenduce to design and supply AI vision processor semiconductors. Development starts in 2024, with mass production expected in 2026 and projected sales over $100 million.

Asahi Kasei has started construction on a $1.7 billion lithium-ion battery separator plant in Port Colborne, Ontario, in a joint venture with Honda. Phase one is expected to be complete in 2027, producing enough material for about 1 million EVs annually and creating over 300 jobs.

Trinseo has agreed to license its polycarbonate process technology and sell production assets in Stade, Germany to Deepak Nitrite for $52.5 million. The assets will be relocated to India.

Circus SE has entered into a production partnership with a North American-based global leader in high-tech contract manufacturing to mass-produce its CA-1 AI-enabled food service robots. Deliveries are planned from 2025, with annual capacity up to 6,000 units.

BE Semiconductor (Besi) will acquire all shares of Datacon Technology to form a leading advanced IC packaging system supplier. The purchase price is just below three-figure million euros, with 90% cash and shares. The merger is expected in January 2025.

Lubrizol and Polyhose signed a Memorandum of Understanding to create a medical manufacturing site in Tamil Nadu, India, to produce medical tubing for neurovascular and cardiovascular applications, increasing Lubrizol's local medical tubing volume five-fold.

Bel Fuse Inc. closed its previously announced majority stake acquisition of Enercon Technologies Ltd. from Fortissimo Capital, acquiring an 80% stake for $320 million (subject to adjustments) based on an enterprise value of $400 million, with intent to purchase the remaining 20% by early 2027.

Eastman Chemical Company announced an investment to upgrade and expand extrusion capability for Interlayers product lines at its manufacturing facility in Ghent, Belgium, to meet growing demand for Saflex PVB products in automotive and architecture segments. The project is expected to be completed by 2026.

ZEEKR Intelligent Technology Holding Limited announced strategic integration transactions with Geely entities, including acquiring a 20% interest in LYNK & CO from Geely Holding for RMB 3.6 billion and a 30% interest from VCI for RMB 5.4 billion, plus accrued interest.

Grundfos inaugurated a US$2 million submersible pump assembly and testing factory in Jakarta, Indonesia, on 14 November 2024. It will serve as the center of submersible pump production for Southeast Asia.

Poclain moved the historic Comer pump plant from Gaggio to a state-of-the-art facility in Spilamberto, Italy, after investing 9 million euros to optimize quality, productivity and cleanliness. The move was reported on 14 November 2024.

Poclain is investing 1.3 million euros to set up a pump assembly line at its Pondicherry, India plant, part of adding local hydraulic pump production in the USA, China and India. The announcement was published on 14 November 2024.

Hitachi Energy inaugurated a new 3,300 sq m factory in Smedjebacken, Sweden, to increase production of HVDC power electronic valves and power quality solutions. The factory began construction in early 2024 and was opened on 14 November 2024.

DS Smith has strengthened its partnership with Zalando as a primary supplier of corrugated cardboard packaging for Zalando's European delivery centers, starting April 2025.

Coregistics, a Red Arts Capital portfolio company, has acquired Belvika Trade & Packaging, a food and beverage contract packager, making Coregistics the largest pure-play contract packaging company in North America.

Italian packaging maker Scotton SpA has recently installed a new 1.8m Quantum corrugator at its Borso del Grappa, Treviso plant to improve board quality and output.

AVK Gulf has secured a USD 20 million contract to supply valves for the transmission line feeding the water treatment plant of Egypt's New Administrative Capital, east of Cairo.

HVAC maker AAON will occupy the former American Snuff facility in Memphis, Tennessee, to produce data center thermal management equipment, investing $238 million and creating 828 jobs over five years.

A consortium of Mavco Investments and Avenue Capital Group has signed an agreement to acquire all shares of German specialty chemicals firm Hubergroup from Cornelius Treuhand Holding for $310 million. The transaction is subject to regulatory approvals.

Vertiv and Compass Datacenters have developed a hybrid liquid and air cooling system for AI applications. Initial units will be deployed at a Compass facility in Q1 2025 as part of a multi-year, multi-billion dollar supply arrangement.

Ventec International Group will become the primary supplier of PCB base materials to Teltonika, which is preparing to open a new PCB manufacturing plant in Vilnius, Lithuania. The agreement was announced on November 13, 2024.