Kongsberg Maritime and Kongsberg Discovery were chosen as exclusive suppliers of marine scientific equipment, oceanographic handling systems and deck machinery for two new NOAA charting and mapping vessels, Surveyor and Navigator, being built by Thoma-Sea Marine Constructors. The contract is worth US$11.25 million, with an option for two more vessels.
Chinalco International's subsidiary Shenyang Aluminum and Magnesium Design and Research Institute, along with partners, signed a 2.799 billion yuan EPC contract for the 350,000-ton green aluminum project (Zha铝 Phase II) in Tongliao, Inner Mongolia. The contract has a 720-day construction period.
Pokarna Engineered Stone Limited announced a Rs 440 crore investment to expand its manufacturing facility in Mekaguda, Telangana, adding a third Bretonstone production line. The expansion is expected to be operational by March 2026.
Hitech Corporation received board approval to acquire up to 100% of Thriarr Polymers for up to Rs 30 crore. The acquisition will add new product lines and enhance international presence, expected to complete within 3 months.
Private equity group ZMC has acquired Pure Wafer, America's largest supplier of silicon solutions and services, including its six businesses. The acquisition will support capacity expansion and investment.
Powerex Inc. plans to invest at least $14 million to modernize and upgrade assembly and testing capabilities at its facility in Youngwood, Pennsylvania, creating 25 new jobs and retaining 215 jobs.
VIVOLTA has signed a long-term partnership with Neurochase to manufacture electrospun micro-catheters for delivering therapies to the brain. VIVOLTA will be the exclusive component manufacturer.
Integris Composites has been selected by Bell Textron to provide armor systems for the U.S. Army's Future Long Range Assault Aircraft (FLRAA).
Joseph Machine Company plans a 150,000-square-foot expansion of its facility in Dillsburg, Pennsylvania, supported by a $2 million state grant, creating 35 immediate jobs with potential for up to 150.
BSRM Steels will start commercial operation of a new re-rolling mill at Mirsarai on January 1, 2025, with an annual capacity of 0.6 million tonnes of MS Rods, built at a cost of around $217 million.
Weir Group was awarded contracts to supply Warman slurry pumps and Cavex hydrocyclones to Teck's Highland Valley Copper Mine Life Extension project in Canada, including the largest mill circuit pump in North America.
Palfinger plans to invest €70 million to build a production facility for cranes and hoists in Ormož, Slovenia, with production launch expected in 2028. The government will provide up to 30% of the funds.
Neways entered a partnership with MilDef to supply essential electronics for rugged rack mount IT equipment, with first deliveries in Q1 2025 from Neways' facilities in Slovakia.
GEON Performance Solutions has started up a new thermoplastic elastomer (TPE) manufacturing line at its Ramos Arizpe, Coahuila, Mexico facility, producing TPE and TPV compounds.
Pigment has launched a new production line for monomethylaniline (MMA) at its site in Tambov Oblast, Russia, with a capacity of 25,000 tonnes per year and an investment of over 1 billion rubles. Total MMA capacity increased from 35,000 to 60,000 tonnes per year.
Trinseo has entered into agreements to supply a polycarbonate technology license and all proprietary polycarbonate production equipment from its Stade, Germany facility to Deepak Chem Tech, a subsidiary of Deepak Nitrite, for use in India. The total value is $52.5 million.
Wärtsilä has been contracted to supply generating sets and auxiliary equipment for Tampa Electric Company's new 72 MW generating facility in Florida, USA. The orders were booked in January and December 2023.
Veralto Corporation announced an investment of approximately $15 million to establish a minority interest in Axine Water Technologies, a provider of electrochemical oxidation technology for contaminant destruction.
Starfrost has secured an order from Mantinga to design, manufacture, and install a new automated spiral freezer for Mantinga's bakery operations in Lithuania.
C Steinweg Group placed an order with Konecranes for a comprehensive overhaul and modernization of one of its Konecranes Gottwald mobile harbour cranes at its headquarters in the Port of Rotterdam.
FLYHT Aerospace Solutions received an order from WestJet Airlines to install its AFIRS 228S satcom solution on WestJet's Boeing 737 MAX-10 fleet. The contract is valued at approximately US$900,000.
Par Systems is building a $20 million, 140,000 sq ft laboratory and production facility in Shoreview, Minnesota, to increase factory capacity by 40%. The facility will be completed in fall 2025 and add 26-30 workers per year.
TverKanaDor is building a full-cycle cable car production plant in the Demidovo industrial park in Tver Oblast, Russia, with investments of about 4.6 billion rubles. The plant will create 350 jobs and is scheduled to launch in March 2025.
VINCI Construction and Spie Batignolles won a €926 million contract for the Grand Paris Express project, including construction of an 8 km tunnel and five metro stations. wbr Rohr- und Bauelemente GmbH is supplying displacement pipes for the project.
Mengtai Group, through its wholly-owned subsidiary Mengtai Germany GmbH, has completed the acquisition of Alu Menziken Extrusion AG, a Swiss aluminum lightweight components manufacturer. The deal strengthens Mengtai's position in the European aluminum market.
Starrag GmbH is investing a double-digit million euro amount in its Chemnitz plant, including a new high-speed machining center for heavy workpieces. The machine is to be assembled from December 2024 and operational by July 2025.
Tower Semiconductor announced a $350 million investment plan to expand Silicon Photonics (SiPho) and Silicon Germanium (SiGe) capacity at its 200mm facilities in San Antonio and Migdal Haemek, and its 300mm facility in Uozu, Japan.
Middle East Paper Company (MEPCO) is investing $92 million in an Andritz-supplied tissue machine at its Juthur subsidiary in King Abdullah Economic City, Saudi Arabia. The PM6 will double the mill's capacity to 120,000 tpy, with startup expected in Q3 2026.
Dentressangle Capital has completed the acquisition of Presto Engineering, a European ASIC design and production specialist. Garibaldi Participations joined as a minority co-investor.
Civmec has been awarded a contract for the design and construction of a major shiploader for a Western Australian port. The project is valued at A$90-100 million and is due for handover in 2028, creating over 100 jobs.
Pincroft, a global leader in military fabric printing, has invested £1 million in a new rotary screen printer for its factory, increasing camouflage printing capacity to over 8 million metres per year. The machine is expected to be delivered by end of 2024 and ready for production at the start of 2025.
AptarGroup broke ground on a new pharmaceutical plant in Taloja, near Mumbai, India. The 4,400-square-meter facility will produce pressurized metered dose inhaler valves, breath-actuated devices, and single-dose nasal sprays, adjacent to its existing Mumbai facility opened in 2023.
AeroEdge will invest ¥1.7 billion in equipment at its main plant in Ashikaga, Tochigi Prefecture, Japan, to mass-produce commercial aircraft components for new overseas customers. Mass production is targeted to begin in the second half of the fiscal year ending June 2026.
Çimsa will invest US$31.8m to expand calcium aluminate cement production at its Mersin Cement subsidiary in Türkiye. The upgrade is expected to be completed by the end of the first half of 2026.
Ewald Kubota has announced a partnership venture with Lansdowne-Moody, a 9-store Kubota equipment dealership serving the Houston area. The transaction is expected to close in December 2024.
Kolon Industries is investing 22 billion won to double annual aramid pulp production capacity at its Gumi plant from 1,500 to 3,000 tons. Trial operations have begun, with full-scale deliveries expected in December 2024.
Nouryon has completed an expansion of its organic peroxide capacity at its Ningbo, China plant, doubling capacity to 6,000 tons each for Perkadox 14 and Trigonox 101 brands.
Transformers & Rectifiers India has signed a term sheet on November 12, 2024, to acquire a controlling stake in Posco Poggenamp Electrical Steel, a manufacturer of CRGO laminations and built-up cores for transformers.
Otsuka Pharmaceutical Factory America (OPFA) will acquire a 60% stake in a new IV solution company formed with ICU Medical, which will transfer its IV solution business to the new entity. The agreement was signed on November 12, 2024, and operations are expected to begin in early Q2 2025.
Micromine has partnered with Loadscan to integrate its Pitram mine control software with Loadscan's Mine Payload Scanner (MPS) to enhance data accuracy in mining operations.
TOMRA Mining will supply two COM Tertiary XRT sorters to Koura's Las Cuevas fluorspar mine in San Luis Potosí, Mexico.
A customer delegation from Indonesia visited Shandong Pengcheng Max Construction Machinery Co., Ltd. for discussions on a large-scale construction machinery cooperation project with a total investment of 1 billion yuan. The project involves a high-end equipment manufacturing base covering 349 mu, with plans for four production workshops.
Akemi Technology India Private Limited is proposing an expansion of its polyester resins manufacturing unit at Savli GIDC Estate in Vadodara, Gujarat, increasing capacity to 200 MTM. The project is valued at Rs 7.51 crore and is in the conceptual/planning stage.
Agility Robotics announced that Schaeffler Group has made a minority investment and signed an agreement to purchase humanoid robots for use across Schaeffler's global plant network. Schaeffler plans to deploy a significant number of humanoids in its 100 plants by 2030.
Veralto Corporation announced an investment of approximately $15 million to establish a minority interest in Axine Water Technologies, a provider of electrochemical oxidation technology for contaminant destruction. The strategic partnership includes a commercial agreement with Veralto's Trojan Technologies business.
German automotive components supplier Mubea inaugurated a new plant in the Amistad Chuy María Industrial Park in Ramos Arizpe, Coahuila, with an investment of $60 million. The facility will produce composite springs for automotive chassis, with production expected to begin in 2025 and create over 200 jobs.
Ram Ratna Wires Limited agreed to acquire a 60% stake in Tefabo Product Private Limited from Mahendra Kumar Kabra, Sumeet Mahendrakumar Kabra, MSH Ventures LLP and other unrelated parties for INR 300 million in cash. The transaction was completed on November 13, 2024.
Boeing is constructing a new 880,000-square-foot manufacturing plant and additional facilities at its Berkeley, Missouri campus, with completion expected in mid-2026.
NEUMAN & ESSER signed a contract on November 13, 2024 to take over EVB Technik GmbH, an electrical and automation solutions firm in Velbert and Garbsen, effective January 1, 2025.
Weir Group has been awarded contracts to supply WARMAN MCR 760 mill pumps and CAVEX hydrocyclones for Teck's Highland Valley Copper Mine Life Extension project in British Columbia, Canada, the largest mill circuit pump in North America.