Saint-Gobain plans to invest over R$2.4 billion in building two new factories in São Paulo state, Brazil, including a gypsum factory and a glass production line. The company is also doubling its R&D center in São Paulo.
HongSheng North America Inc. is investing nearly $3.7 million to expand its Cambridge, Ontario manufacturing facility, adding three new production lines and creating 16 jobs. The project establishes the company's first North American manufacturing facility.
Entergy Mississippi broke ground on the 754 MW Delta Blues Advanced Power Station in Greenville, Mississippi, a $1.2 billion investment. The combined-cycle plant is expected to begin operations in 2028.
TeraPlast Group inaugurated a new stretch film factory in Sărățel, Bistrița-Năsăud County, with a total investment of EUR 18.5 million. The factory has an annual production capacity of over 14,000 tonnes.
Anshan Metallurgical Group's New Materials Company signed a contract for 7,890 tons of 06Ni9DR steel plate prefabrication. The contract breaks the company's reliance on Angang for raw materials.
Protech Group acquired the industrial coatings business and assets of Caldwell Chemical Coatings of Fayetteville, Tennessee. The acquisition strengthens Protech's presence in the industrial coatings market.
Newmont ordered a fleet of Epiroc Pit Viper 231 and SmartROC D65 drill rigs for the Boddington gold and copper mine in Western Australia. The order is valued at about $32.2 million, with delivery continuing into the first half of 2025.
Girtz Industries broke ground on a new 13,000-square-foot facility in White County, Indiana, to meet surging demand for power generation solutions. The facility is expected to be completed in spring 2025 and will support increased staffing.
Umeå Energi AB awarded Radiator VVS AB a contract for renovation and extension of the cooling system at Dåva 1, valued at 3,335,000 SEK. The contract runs from February 2026 to October 2028.
Whirlpool of India Ltd approved an expansion of its refrigerator manufacturing capacity at its Pune facility, adding 300,000 units annually to the existing 5.4 million unit capacity. The expansion will be implemented in phases by July 2026 with an investment of ₹270 crore.
Defence and Aviation Wiring Inc. (Davwire) of London, Ontario, landed a deal to supply electrical systems to De Havilland Aircraft of Canada for its Canadair 515 water bomber. Davwire will add about 10 employees to support the contract.
Allied Gold Corp awarded a mining contract to Mota-Engil for its Kurmuk gold project in Ethiopia. The contract covers early-stage earthworks and infrastructure, with first production expected in mid-2026.
Velocity One, an aerospace manufacturing holding company backed by Charlesbank Capital Partners, signed a merger agreement to acquire EMCORE Corporation for $3.10 per share in cash. EMCORE will become a wholly owned subsidiary of Velocity One, joining Cartridge Actuated Devices and Aerosphere Power under the holding company.
Orwak is investing in two new advanced welding robots at its factory in Sweden to increase production capacity. A new robot cell is being built to house the synchronized twin robots, which will replace an old welding unit and speed up the welding process for balers.
Stiga RM, a Latvian timber company, entered into a cooperation agreement worth nearly €3 million with Danish automation provider BILA for the design, manufacture and installation of custom robotic solutions at its wood-wool cement board plant. The project aims to replace manual labor with robotic technologies.
Prodomax, a Jenoptik Group company, secured an order worth over €30 million from an existing customer for the turnkey design, construction and commissioning of four robot welding assembly lines in North America. The lines are for a new EV model of a North American car manufacturer, with delivery scheduled for mid-2024 and production start in early 2025.
Hainan Haiyao Co., Ltd signed a joint venture agreement with Haikou National High-tech Industrial Development Zone Management Committee and Xenios AG to develop and produce ECMO-compatible products. Haiyao will invest RMB 200 million for a 45% stake, while Xenios AG will hold 40%.
Mattr Corp. announced a definitive agreement to acquire AmerCable from Nexans USA Inc. for US$280 million. The acquisition will enhance Mattr's highly engineered wire and cable capabilities in the U.S. market and is expected to close around year-end 2024.
MTL Advanced completed a new 67,000 sq ft factory adjacent to its existing facility in Rotherham, UK, representing a £10 million investment. The new facility is scheduled to be completed in November 2024 with production starting in December, and will create 100 new jobs.
Inteva Products announced a $3.3 million expansion of its manufacturing facility in Chakan, Pune, India. The project will increase production space by 70% to 85,000 sq ft and add 26,000 sq ft of office space for new production lines of automotive components.
Lam Soon (Hong Kong) announced its subsidiary Lam Soon Home Care Products will invest RMB 337 million to build a new home care products manufacturing plant in Conghua Economic Development Zone, China. The new plant is expected to begin operations in the 2026/27 fiscal year.
A.P. Moller Holding has closed its offer to acquire Concentric AB, a global pump, fan and thermal management manufacturer for commercial vehicles.
Inox India won its first liquid air energy storage order from Highview Power, to supply five 690 kl cryogenic tanks for the Carrington facility in Manchester, UK.
Stedin awarded Scheer & Foppen Installatietechniek B.V. a contract to produce and supply 45-100 heat pump installations for the Open Warmtenet Delft project in the Netherlands, valued at EUR 5,059,860.
Cladtek has been awarded a contract by TechnipFMC to supply Corrosion-Resistant Alloy cladded pipes and bends for Petrobras' Mero 3 HISEP carbon capture project in the Santos Basin, Brazil.
GJ Machine has united with two other industry leaders to form TYO Automation, a new strategic group.
Daikin Manufacturing Poland will open a heat pump factory in Ksawerów, near Łódź, Poland, in December 2024. The €300 million investment will create up to 3,000 jobs by 2030 and will be Daikin's largest heat pump production facility in Europe.
Saudi Basic Industries Corporation (Sabic) officially opened a $220 million resin manufacturing facility in Pioneer, Singapore, producing Ultem resin. The plant began operating in October 2023 and produces 8,000 tonnes of resin annually.
Furukawa Electric Co., Ltd. will acquire approximately 67% of shares in Hakusan Inc. from Daiwa PI Partners and Tatsuya Yonekawa, effective January 30, 2025.
Sinowin Chemical Fibers commissioned 12 positions of an 8-end tire yarn plant for PA66 from Oerlikon Barmag in Hebi, Henan Province, China. The company expanded its total positions to 44.
Polycab India emerged as the lowest bidder for a ₹1,549 crore order from BSNL to develop, upgrade, and maintain the Middle mile network of Bharat Net in Bihar. This follows a ₹4,099 crore order on November 6, 2024, for Karnataka, Goa, and Puducherry.
Saint-Gobain opened a new factory in the Ivano-Frankivsk region of Ukraine, with a capacity of 60,000 tons of gypsum mixes per year, employing 50 people. The investment was $11 million.
FEDCO completed a comprehensive manufacturing upgrade project that doubled production capacity with a 17% increase in headcount, adding 8 new machines and implementing lean improvements.
Chengdu Wangjin Automotive Parts, a subsidiary of Anhui Zhongding Sealing Parts, received a contract to supply chassis lightweight assembly products for two new platform projects of a domestic OEM, with a total lifecycle value of approximately 3.395 billion yuan over 6 years.
Nexos won an HVAC contract with EnQuest to provide services to the Thistle and Magnus platforms in the UK Continental Shelf.
Kaneka Corporation decided to build a new catheter plant at its Tomatoh Manufacturing Site in Hokkaido, with an investment of approximately ¥10 billion by affiliate Kaneka Medix Corporation. The plant is scheduled to begin operations in March 2027 and will double production capacity.
DN Solutions, the third-largest machine tool maker globally, finalized the acquisition of HELLER, a German high-end machine tool manufacturer. The transaction was approved by regulators in Germany, the US, and the UK.
Aptar Pharma entered an exclusive collaboration agreement with Cambridge Healthcare Innovations (CHI) to lead the commercialization and promotion of the Quattrii Dry Powder Inhaler platform. Aptar will provide support for commercial manufacture and integration of its pharmaceutical services.
RHM won a bid for an order of one GENMA 900-ton shipbuilding gantry crane. The crane features PLC control and automatic deviation correction.
Jangho Group's subsidiary Guangzhou Jangho Curtain Wall System Engineering Co., Ltd. won a contract worth about CNY 318 million for the curtain wall project of Shenzhen Bay Coastal Business Center Phase 3. The project covers about 80,000 m² and has a total duration of 639 days.
CSW Industrials acquired PF Waterworks, LP, a manufacturer of drain management products, for $40 million. The deal was funded with cash on hand and is expected to be accretive to earnings in the first full year.
Manz AG received a follow-up order from a global tier 1 automotive supplier for a high-volume inverter assembly line. The order is in the low double-digit million-euro range and will be delivered to the customer's new plant in Mexico.
Tsugami is expanding annual production capacity at its Pinghu, Zhejiang plant by over 20% to about 22,000 units. A new factory on a 50,000 m² site will add 4,000 units of capacity over three years, with a total investment of about JPY 2.5 billion.
US private equity firm TPG is reportedly far along in talks with Siemens Energy to purchase the wind energy assets of its Gamesa unit for over USD 300 million. The assets include operation, maintenance, and manufacturing projects.
Nippon Paint signed an overseas procurement framework memorandum with Sinopec's Materials and Equipment Department at the 7th China International Import Expo on November 7, 2024, to establish a long-term cooperative relationship.
Luvata Ohio is expanding its manufacturing, office and warehouse space in Delaware, Ohio, by leasing a 128,000 sq. ft. factory and office. The expansion will add up to nearly 50 jobs over 10 years and includes $18 million in initial equipment spending for cold forming, machining and robotic automation to meet demand for EV components and electrical infrastructure upgrades.
Pratt & Whitney and Air New Zealand broke ground on a $150 million, 14,000 sq m expansion of the Christchurch Engine Centre in New Zealand. The expansion will add GTF engine MRO capabilities, with first overhaul expected in Q4 2026 and capacity for up to 140 overhauls annually by 2032.
Keel Holdings has completed a $34.5 million investment to expand its production capabilities at its Alma and Merrill, Michigan locations, including a 36,000-square-foot expansion at Merrill and new machinery such as a 4,400-ton press brake and five-axis machining centers.
SABIC has officially launched a new US$170 million ULTEM resin manufacturing facility in Singapore, its first advanced specialty chemical plant in the region. The facility will increase global ULTEM specialty resin production by more than 50% to serve high-tech industries in Asia-Pacific.
Hansae Yes24 Holdings has completed the acquisition of an 80.6% stake in automotive parts company Irae AMS for 1.354 trillion won, purchasing 9,607,384 shares. The acquisition is part of the group's strategy to diversify into automotive components.