Hanmi Semiconductor Co Ltd won a KRW 22.6 billion order from Micron.
ASIC Land secured a KRW 31 billion supply contract with SK Hynix.
Hardwire LLC was awarded a maximum $29,336,123 firm-fixed-price, indefinite-delivery/indefinite-quantity contract for lightweight plates for the Marine Corps. The three-year contract has an ordering period end date of Nov. 30, 2027.
Shanghai Electric Power Station Group won a contract to supply the complete main equipment for the Yuezhou 2×1000MW coal-fired power plant project in Yueyang County, Hunan Province. The project is scheduled for completion in the first half of 2027.
Brother Industries' subsidiary BROTHER MACHINERY INDIA completed construction of a new machine tool factory near Bengaluru, India. The factory is scheduled to begin operations in December 2024, manufacturing standard models S500Bd1 and S700Bd1.
Chemring's US subsidiary Chemring Energetic Devices received a $106 million order for critical components for an undisclosed US missile programme. Deliveries will be over five years starting in 2026.
Chemring's Norwegian subsidiary Chemring Nobel signed a twelve-year framework agreement with Diehl Defence for MCX energetic material, with an initial purchase order valued at €231 million. Deliveries will begin in late 2026.
NEFCO, a specialty supply partner for construction trades, acquired Total Tool Supply, which has 325 employees and 16 locations across eight states. The deal is NEFCO's largest to date and its tenth since 2022, expanding its reach to 59 locations across 28 states.
Teledyne Technologies has entered into a definitive merger agreement to acquire Micropac Industries for $20.00 per share in cash, valuing the company at approximately $57.3 million. The transaction is expected to close by the end of 2024.
DAVWIRE has been selected by De Havilland Aircraft of Canada as a strategic source supplier for the DHC-515 water bomber program, with a life-of-aircraft supply contract. Work has begun.
Yokogawa Europe has been awarded the front-end engineering design (FEED) contract for the control, telecoms, and system integration of the Aramis Transport System, a carbon capture and storage project in the Port of Rotterdam. The FEED design is expected to be ready in 2024.
Wekaba Engineering officially launched a R25-million automotive manufacturing plant in Alberton, Gauteng, on October 30, 2024. The facility has over 100 machine centres and will produce CNC-machined components for automotive companies like Toyota and Ford South Africa.
Ross-Shire Engineering (RSE), a clean water technology company, acquired Biomatrix Water Solutions, a Scotland-based designer and manufacturer of modular wetland products for urban water treatment.
MACOM Technology Solutions was selected by the U.S. Department of Defense to lead a CHIPS-funded project to develop advanced GaN-on-SiC process technologies for RF and microwave applications, with a year 1 award value of $3.4 million.
Subsidiaries Xintai Wheel and Baoding Wheel of Lizhong Sitong Light Alloy Group received designation notices for aluminum alloy wheel projects from a renowned automaker, a leading NEV company, and a smart EV customer, with estimated total sales of approximately RMB 2.17 billion.
Frontier-Kemper Constructors, a subsidiary of Tutor Perini, was awarded a $1.1 billion contract by New York City to build the 2-mile-long Kensico-Eastview Connection Tunnel connecting the Kensico Reservoir to the Catskill/Delaware UV Disinfection Facility.
IQE Inc., a subsidiary of IQE PLC, announced plans to invest $305 million and add 109 jobs to expand its Greensboro, North Carolina facility for next-generation compound semiconductor materials, subject to customer commitments and CHIPS Act funding.
SK Pyucore signed an agreement with Ulsan city to invest about KRW 100 billion to build a polyol production facility and tank farm on a 10,000 m² site in Ulsan, with completion targeted by 2026.
QA1 announced it has agreed with Holley Performance Brands to acquire the assets of Detroit Speed & Engineering, a manufacturer of high-performance suspension and chassis components. Operations will continue in Mooresville, North Carolina.
International Chemical Investors Group (ICIG) acquired the European Advanced Organics business of Valtris Specialty Chemicals, including plants in Tessenderlo, Belgium and Maastricht, Netherlands. The business joins Vynova Group and is renamed Vynova Advanced Organics.
Bürkert laid the foundation stone on 4 November 2024 for a three-phase modernisation and expansion of its Gerabronn plant, covering assembly, solenoid valve production and storage. Work is scheduled to take about two and a half years.
Baker Manufacturing, a portfolio company of Blue Sage Capital, acquired the Pump Division of A.Y. McDonald Mfg. Co, including submersible, booster, jet, sump pumps and pressure tanks for residential and agricultural markets.
Franklin Electric agreed to acquire Challenge Pumps Holdings, a Perth-based maker of underground mine dewatering pumps, for about US$181 million in cash plus up to US$14 million contingent consideration.
Ebara, through its Brazilian subsidiary Ebara Bombas America Do Sul, bought 80% of Asanvil S.A., a Uruguayan pump sales, assembly and after-sales service company, giving Ebara a new sales base in Uruguay.
Nova Circular Solutions, a unit of Nova Chemicals, signed a long-term agreement to supply Winpak with post-consumer recycled polyethylene (rPE) under the Syndigo brand for flexible packaging.
Mondi agreed to acquire the German, Benelux and UK corrugated converting and solid board operations of Schumacher Packaging, including seven converting plants, two solid board mills and four solid board converting plants.
Winpak signed a long-term agreement with NOVA Circular Solutions, a NOVA Chemicals unit, to procure post-consumer recycled polyethylene under the SYNDIGO brand for flexible packaging. NOVA's Connersville, Indiana recycling facility is due to start in early 2025.
Interpump Hydraulics Brasil plans to invest R$10 million through 2025 in new equipment, robotic cells and infrastructure at its Caxias do Sul and Indaiatuba plants, under an Industry 4.0 approach.
Interpump Hydraulics Brasil announced it acquired control of Hidrover Equipamentos Hidráulicos of Flores da Cunha, Rio Grande do Sul, a maker of hydraulic cylinders for construction and agricultural markets. The current partners will keep managing the company.
Veritiv Operating Company acquired substantially all assets of PAX Global, a custom packaging distributor and converter with annual revenue of about $45 million. The deal adds folding carton and film converting capabilities.
ABB received an order from DS Smith Paper Italia to supply a sectional drives system, motors and inverters for a new containerboard machine PM3 at the Lucca Paper Mill in Porcari, Tuscany. The machine is expected to have annual capacity of 450,000 metric tons.
Azad Engineering Ltd signed a long-term contract and price agreement with Mitsubishi Heavy Industries, Japan, valued at $82.89 million (approx. Rs 700 crore), for the supply of highly engineered rotating and stationary airfoils for advanced gas and thermal power turbine engines. The contract has a tenure of five years.
Foxconn subsidiary Shunsin Technology Vietnam is seeking an environmental permit for an $80 million chip manufacturing project in Quang Chau Industrial Park, Bắc Giang, with production capacity of 4.5 million integrated circuit boards per year, expected to be fully operational by December 2026.
Nipro Corporation received approval to adjust investment policy for its Nipro Vietnam factory project in Ho Chi Minh City High-Tech Park, with a total capital contribution of $570 million by 2032 to produce dialysis filters.
Morocco's ONEE awarded a contract worth over $40 million to Nantong Hyosung Transformer Co and TBEA Co., Ltd. for the supply of eleven 400/225 kV autotransformers with spare parts and installation supervision.
Gondor Machinery signed an order in early September 2024 to deliver a filling, sealing and labeling production line for cheese and meat packaging to an Israeli customer, with delivery completed by early November.
Patel Agri Industries Private Limited plans to invest INR 240 crore to set up two additional biofuel units in Nalanda, Bihar, each costing INR 120 crore.
SJPB Hathua Sugar & Bio Refinery Private Limited plans to invest INR 1,152 crore to add a new unit at its sugar mill in Kuchaykot, Gopalganj, increasing capacity from 2,500 MLD to 5,000 MLD.
JK Cement received approval for a new cement plant in Buxar, Bihar, with a capacity of 9,090 MTPD and an investment of INR 392.41 crore. The plant is expected to create about 250 jobs.
Lizhong Group's subsidiaries Xintai Wheels and Baoding Wheels have received project nominations for aluminum alloy wheels from three customers: an international automaker (Customer 1), a leading new energy vehicle company (Customer 2), and a high-end smart EV customer (Customer 3), with total expected sales of approximately CNY 21.7 billion over the project lifecycles.
Toyota Material Handling Inc. has installed a new AutoStore automated storage and retrieval system at its parts distribution center in Columbus, Indiana, designed and built by Bastian Solutions, to nearly triple storage capacity and enable next-day parts delivery to 98% of customers by 2030.
Carrier Global Corp. has completed the sale of its Commercial Refrigeration Business unit to Haier Group Corp. for $775 million, including $200 million of net pension obligations.
Steel company Peter Bax is investing EUR 7 million in a new steel processing factory of about 7,000 square meters in Weelde, Belgium, expected to be completed in 2025 and create several jobs.
Transformers and Rectifiers (India) Limited has bagged an order from Siemens Limited for the supply of 11 units of 400 kV coupling transformers, valued at INR 117.03 crore.
Dhabriya Polywood Limited has bagged an order from M3M Group for the supply and installation of uPVC windows and doors in Gurugram, Haryana, valued at INR 4.08 crore, to be completed within three months.
Gulshan Polyols Limited was awarded a work order by Oil Marketing Companies (BPCL, IOCL, HPCL) to supply approximately 1.43 lakh kiloliters of ethanol, valued at around ₹993.95 crores. The award was announced on November 2, 2024.
Suzhou Green Control Transmission Technology Co., Ltd. held a groundbreaking ceremony for its Green Control New Energy Commercial Vehicle Electric Drive System Headquarters R&D and Manufacturing Project (Phase I) in Wujiang Development Zone, Suzhou. The total investment is 5 billion yuan, with Phase I costing 716 million yuan, aiming for an annual capacity of 400,000 sets of commercial vehicle electric drive systems.
XCMG signed a USD 4 million contract with Fortescue in November 2024 to supply over 100 units of zero-emissions equipment for Fortescue's Pilbara iron ore mining operations. The contract includes battery electric wheel loaders, wheel dozers, water carts, float prime movers and graders.
ILJIN Electric completed a large-scale expansion of its transformer factory in Hongseong, South Korea. The expanded production line began operation in November 2024, increasing annual ultra-high voltage transformer capacity from 18,000 MVA to 30,000 MVA.
TE Connectivity acquired Harger, a company specializing in lightning protection and grounding solutions for IEEE markets, in November 2024 to strengthen its energy business unit.