Byrnecut was awarded a contract by Broken Hill Mines Pty Ltd to provide underground development services at the Rasp Mine in Broken Hill, NSW, Australia, with a contract duration from November 2024 to January 2026.
Plaskolite announced it will lay off 90 workers and close its Sheffield Plastics facility in Massachusetts between spring 2025 and spring 2026. All 96 employees were offered relocation to Ohio plants.
ABB and Grupo Niedax formed a joint venture to integrate their cable tray businesses, offering solutions in the US, Canada and Mexico. The transaction closed on November 1, 2024.
C&B Operations sold its Ag Division to Point Field Partners in early November 2024. The division operates 36 John Deere dealerships across six US states.
Heidelberg Materials North America has entered into a definitive purchase agreement to acquire Giant Cement Holding Inc., including an 800,000-tonne-per-year cement plant in Harleyville, South Carolina, two deep-water import terminals, five distribution terminals, and an alternative fuel recycling business.
Niedax Group and ABB completed a 50/50 joint venture named Abnex Inc., combining their cable tray manufacturing capabilities to serve the North American market.
Bang & Bonsomer Group Oy acquired the entire share capital of Kemion Oy, a Finnish chemical company specializing in environmentally friendly service, maintenance, and process chemicals. Kemion will become part of Bang & Bonsomer's Environment & Industry business division.
Atlas Copco Tools and Assembly Systems acquired Air Way Automation, a feeder product specialist, effective November 1, 2024.
ArcelorMittal inaugurated the expansion of its Vega facility in São Francisco do Sul, Santa Catarina, increasing annual production capacity from 1.6 million to 2.2 million tonnes. The investment of R$2 billion includes a new continuous galvanizing and annealing line to produce Magnelis for the first time outside Europe.
Superior Industries opened a new crushing manufacturing facility in Morris, Minnesota, dedicated to producing jaws and cones, increasing Minnesota's crusher production capacity by 50%.
Hyosung Heavy Industries signed a contract with Orsted to supply ultra-high voltage transformers and reactors for the Hornsea 4 offshore wind project in the UK, with delivery by 2027.
Powerchip Semiconductor Manufacturing Corporation (PSMC) and Tata Group have commenced a partnership to build India's first 12-inch wafer fabrication plant in Dholera, Gujarat. The $11 billion project aims for a monthly capacity of 50,000 wafers and over 20,000 jobs, with production targeted by 2026.
AAON is seeking a tax incentive for a $238.5 million investment to purchase and renovate a 787,000-square-foot manufacturing and logistics facility in Memphis, Tennessee, creating 291 new jobs. The announcement was made on November 1, 2024.
Axel Johnson Inc. signed a definitive agreement to acquire the remaining ownership of Fort Wayne Metals Research Products, LLC, a medical wire manufacturer. The deal was announced on May 26, 2026.
Global Power Synergy Public Company Limited (GPSC) is restructuring its renewable energy business. Its subsidiary Global Renewable Synergy Co., Ltd. (GRSC) will acquire 50% of Global Renewable Power Co., Ltd. (GRP) from PTT Global Management Co., Ltd. (PTTGM) for THB 1.275 billion (~USD 29 million), giving GPSC 100% ownership of GRP.
McIlhenny Company ordered four Legacy CS-600 ultra high-speed horizontal end load cartoners from R.A Jones to upgrade production lines at its Avery Island, Louisiana facility.
Stellar Industries, a producer of service trucks and related equipment, acquired Elliott Machine Works, a manufacturer of mobile fuel and lube service equipment in Galion, Ohio. The acquisition aims to expand product lines.
The Salcido Connection, Inc. purchased A&C Mechanical from the Hannas family. A&C Mechanical provides heating, air conditioning, and boiler services in Washington state.
Al Yamamah Steel Industries Co. secured a SAR 119 million ($31.7 million) contract from Larsen & Toubro to supply steel towers for a 380 kV ultra-high-voltage line in central Saudi Arabia. The contract duration is one year.
Ventoux Industrial Holdings acquired EverFab, Inc. and Advanced Nozzle Technology, LLC to enhance group capabilities and expand capacity.
Premier Precision Machining LLC, dba Rand Machine Products, was awarded a U.S. Department of War contract valued up to $330 million over 5 years to expand critical munitions manufacturing capacity.
Hitachi Construction Machinery subsidiary H-E Parts International has agreed to acquire Brake Supply's mining machinery component remanufacturing business, expected to close in early December 2024.
INX Group Limited, a subsidiary of Sakata INX, completed the acquisition of Coatings & Adhesives Corporation (C&A), a specialty coatings company. The new entity will operate as INX International Coatings and Adhesives.
Carlo Gavazzi inaugurated a new production facility in Kunshan, China, 50% larger than the previous one, to manufacture sensors, solid-state relays, and energy meters for global and Chinese markets.
Yibin Huafu Shuangsan Cement Building Materials Co., Ltd. has built a new production line with an annual output of 5 million tons of fine machine-made sand in Yibin, Sichuan. The investment exceeds 50 million yuan, and the crushing system uses equipment from Chongqing Sanming Heavy Industry.
Mubadala Investment Company has acquired a 49 percent stake in the oil country tubular goods (OCTG) business of Spanish industrial solutions firm Tubacex for $200 million. The investment will boost production of corrosion-resistant alloy tubular solutions for gas exploration.
Profound Partners A/S has acquired 33 percent of the shares in AM Tooling A/S, a Danish supplier of production tools and complete production lines. Profound Partners will also gain a seat on the board of directors.
Shandong Daye, a Chinese manufacturer of steel wire for tires, plans to invest $208.5 million in a new production facility in Morocco's Tangier Tech industrial zone. The plant will produce up to 100,000 tons of tire bead wire and 100,000 tons of steel cables annually, with phase one expected to be completed by late 2026.
Conventus Polymers has been designated as an authorized distributor for SABIC Polymers products across the USA, Mexico, Canada, and Puerto Rico. The agreement includes product lines such as LEXAN, CYCOLOY, and CYCOLAC resins.
Yuzhny Zavod Tyazhelogo Stankostroeniya (YuZTS) launched production of new high-tech 5-axis machining centers in Krasnodar, Russia. The company invested over 627 million rubles, including a 500 million ruble loan from the Federal Industrial Development Fund, and expects to double output to 20 units per year.
Axel Johnson Inc. announced on November 1, 2024, that it has acquired La Fântâna S.R.L., a water solution provider in Romania and Serbia, from Oresa Ventures. La Fântâna will become part of AJI's Kinetico Inc.
HWI, a member of Calderys, announced plans to construct a new lightweight monolithics production facility at its Fulton, Missouri, Rotary Kiln complex. The greenfield plant is scheduled to open in mid-2025 and will increase capacity by approximately 6%.
Fibergrate Structures, a global manufacturer of alternative building materials, has acquired TMP Convert of Simandre-sur-Suran, France, a manufacturer of outdoor design and landscape products. The acquisition was announced on November 1, 2024.
DMG Mori announced a tender offer to acquire all remaining shares of its listed subsidiary Taiyo Koki, a grinding machine manufacturer, at ¥1,700 per share. The decision was made on November 1, 2024.
ARDEX has acquired the factory of COMPOSITES EN PINTURAS MODERNAS S.L. in Sentmenat, Barcelona, to expand its production capacity for resins, paints, varnishes, coatings and fillers. The announcement was made in November 2024.
Seoho Electric won a $22 million contract from Shanghai Zhenhua Heavy Industries to provide automation systems for container cranes at Singapore's Tuas Port. The contract was awarded in 2022.
Transdigm Group, through its subsidiary AmSafe BirdPort, has invested $8.5 million to establish a new SHIELD factory in the Wathupitiwala Export Processing Zone, Sri Lanka. The foundation stone was laid on October 31, 2024.
Gamuda Berhad secured a RM451.4 million contract from BCEI Malaysia Sdn Bhd for foundation, civil, structural and architectural works for a data centre in Cyberjaya, Malaysia.
Asahi Kasei and Honda signed a shareholders' agreement to convert Asahi Kasei's Canadian subsidiary E-Materials Canada Corporation into a joint venture for lithium-ion battery separator production. Honda will invest approximately C$417 million (US$300 million) for a 25% stake.
Indian specialty chemical maker Sarex Overseas signed a worldwide distribution agreement with Brenntag for its second-generation organic Triazine-based UV filters. The filters are used in beauty, personal care, plastics, coatings, and textiles.
Suoshi Chemical completed the topping-out ceremony for its 5,000 tons/year powder coating additives production facility in Yueyang, Hunan. The project involves an investment of 110 million yuan.
Leadermash Stanki signed an agreement to build a plant in the Dubna Special Economic Zone for manufacturing laser metalworking equipment, with an investment of 1.5 billion rubles. Construction is planned to start in summer 2025, with completion in Q2 2026.
User Friendly Home Services acquired Len’s Refrigeration, Heating & Air Conditioning in North Royalton, Ohio, expanding its HVAC service network to 15 locations.
AUNDE Achter & Ebels GmbH completed its capital investment in TB Kawashima Co., Ltd., acquiring an 80% stake. The company has been renamed AUNDE Boshoku Co., Ltd. effective November 1, 2024.
Grand Top Sun has started construction on a new automotive parts plant in León, Guanajuato, with a $55 million investment. The facility is expected to create 800 jobs.
Fortum has signed an agreement to sell its turbine and generator services business to Elcoline Group Oy. The transaction is expected to close in Q4 2024.
O3-Chemicals plans to double production capacity of organic materials at its Azov plant in Rostov Oblast to 4 million liters by end of 2024, and is building a new paint shop by 2026 with investments of 250 million rubles.
Hazen and Sawyer has acquired WaterSMART Solutions Ltd., a water management solutions firm based in Alberta, Canada, to expand operations in North America and globally.
Standard Motor Products, Inc. has completed the acquisition of Nissens Automotive, a European manufacturer and distributor of aftermarket engine cooling and air conditioning products, for approximately $390 million.
Relevant Industrial, LLC has acquired Control Specialists, LLC, a provider of process instrumentation and control systems based in Evansville, Indiana, effective November 6, 2024.