BorgWarner secured extensions on two transfer case contracts with a major North American OEM for upcoming passenger truck platforms. Start of production is slated for 2027 and 2028.

Aquafin has started construction of a sludge mono-processor at ArcelorMittal Belgium's site in the port of Ghent. The plant, with an investment cost of around €200 million, will recover energy from wastewater of 4 million inhabitants and is expected to be operational from 2027.

Singer Industrial teamed up with Fluid Tech Hydraulics, a Sacramento-based hydraulic distributor and service provider, which will operate within Singer's Fluid Power Division. The deal increases Singer's footprint to more than 120 locations.

Ball Corporation announced on October 31, 2024 that it acquired Alucan, a European extruded aluminum aerosol and bottle producer, adding plants in Llinars del Vallés (Barcelona), Spain and Lummen, Belgium.

Amcor agreed to sell its 50% interest in the Bericap North America closures joint venture to Bericap for $122 million, with closing expected by December 31, 2024. Proceeds will reduce debt.

Korea Shipbuilding and Offshore Engineering awarded TMC Compressors a contract to supply marine compressed air systems for four LNG carriers being built by Hyundai Heavy Industries for Capital Gas Corp. Value undisclosed; systems to be made in Scandinavia.

DS Smith confirmed an extended partnership with Zalando to supply e-commerce and fibre-based corrugated packaging across Europe, starting April 2025.

AVK Gulf was awarded a contract worth USD 20 million to supply valves up to DN2200 for water transmission lines serving the New Administrative Capital water treatment plant east of Cairo, Egypt, reported on 31 October 2024.

Welspun Tubular LLC, a subsidiary of Welspun Corp, announced a $100 million investment to expand and upgrade its pipe portfolio at its Little Rock, Arkansas plant, adding 175 jobs with production expected from Q1 2026.

Chongqing SINSTAR Packaging Machinery opened a new plant in Chongqing, China, with an investment of over 50 million yuan. The plant has a capacity of over 500-600 solvent-free laminators per year, doubling production volume.

Momentive has acquired Sibelco's spherical alumina and spherical silica businesses, adding new spherical powders to its product mix for growth opportunities in the EV market.

International Cement Group (ICG) opened its fourth integrated cement plant, Korcem, in the Jambyl Region of Kazakhstan. The official ceremony was held on 30 October 2024.

Boeing and the Government of Morocco agreed to set up the African Center for Manufacturing Excellence (ACME) in Nouaceur, Morocco, for aerospace R&D and manufacturing. The agreement was announced on October 30, 2024.

Weinig Holz-Her celebrated the grand opening of a new 150,000-square-foot facility in Statesville, North Carolina, on October 30, 2024. The expansion will create 43 new jobs.

United Engine Corporation (UEC) began construction of new facilities at the ODK-Star plant in Perm, totaling over 21,300 square meters, for production and testing of units for PS-90A, PD-8 and PD-14 aircraft engines. The project includes a 17,000 sqm building for electronic units and a 4,300 sqm testing complex, creating 500 jobs, with commissioning planned by mid-2026.

Don-Metall will complete construction of a steel plant in Kamensk-Shakhtinsky, Rostov region, in Q1 2025. Investment is 3.6 billion rubles, with annual capacity of 400,000 tonnes and over 250 new jobs.

SANY India signed agreements to supply 1.6 GW of wind turbines, including a 1,324 MW deal with JSW Group subsidiaries and a 300 MW deal with Sembcorp India. The turbines will be manufactured at SANY's Pune facility.

DYO Boya Fabrikalari San. ve Tic. A.Ş. initiated the environmental impact assessment (ÇED) process for a capacity increase project at its facility in Çiğli, Izmir, Turkey. The project will expand production of industrial paints, resins, and auxiliary chemicals to final capacities including 19,500 t/y powder paint, 42,271 t/y resins, and 110,257 t/y paints and varnishes.

StarCharge and Schneider Electric signed a joint venture agreement to deliver EV charging infrastructure, photovoltaic inverters, and storage systems to the European market. The JV will create a prosumer company combining StarCharge's technology and Schneider's market presence.

YEO Teknoloji Enerji ve Endüstri A.Ş signed a $9.75 million contract with Aksa Energy Company Ghana Limited to build a high-voltage substation and transmission line for a natural gas power plant in Ghana.

Koyo Engineering Co., Ltd. announced it has acquired Tachibana Seiki Co., Ltd. from Muto Seiko Co., Ltd. and entered into a capital and business alliance as of October 29, 2024.

Scania South Africa placed an order with RGM Cranes for a range of overhead cranes to be installed by mid-January 2025 at a new state-of-the-art facility in Aeroton, South Africa.

CPS Technologies announced a $12 million award from a longstanding semiconductor OEM customer to provide power module components for high-speed rail, wind turbines, and EV/HEV applications, with deliveries over 12 months.

Siemens signed an agreement to acquire Altair Engineering Inc., a leader in computational science and AI software, for $113 per share, representing an enterprise value of approximately $10 billion.

Third Wave Automation secured $27 million in Series C funding led by Toyota's Woven Capital to expand manufacturing and develop autonomous forklift technology.

LG Chem announced it has secured a supply contract for thermal adhesives with a North American electric vehicle manufacturer, aiming to grow its automotive adhesive business to hundreds of billions of won.

OSI Systems' Healthcare division, Spacelabs Healthcare, received an order valued at approximately USD 6 million to provide patient monitoring solutions and related supplies to a US-based hospital system. The order includes Xhibit Central Stations, Xprezzon bedside monitors, Qube portable monitors, and ICS G2 clinical information system.

Corrigan OSB, LLC celebrated the grand opening of its expanded oriented strand board facility in Corrigan, Texas. The $211 million expansion makes it the largest OSB facility in North America.

CPS Technologies Corp. received a $12 million award from a major semiconductor OEM to provide power module components and related solutions. Deliveries are scheduled over twelve months starting October 2024.

Toxement, a subsidiary of Euclid Chemical, has opened a new production plant in Galapa, Atlántico, Colombia. The facility can produce over 170 billion liters annually of construction additives and includes modern quality control laboratories.

The UK Atomic Energy Authority has awarded a £300,000 contract to DMG Mori UK Ltd for the manufacture, installation, commissioning and staff training of a simultaneous 5-axis CNC machine. The contract runs from December 2024 to March 2025.

UNITED GRINDING Group has signed an agreement to acquire GF Machining Solutions Division from Georg Fischer AG for between CHF 630 and 650 million. The transaction is expected to close in Q1/Q2 2025, subject to regulatory approvals.

LG Chem and Lavergne Groupe have signed an MOU for a strategic partnership under which Lavergne will provide manufacturing services in North America to LG Chem, focusing on post-consumer recycled engineering plastics.

ITP Aero has inaugurated two new hangars for casting production and logistics in Querétaro, Mexico, following a €28 million investment. The expansion is expected to create 250 jobs over three years.

GE Vernova will install three 7HA.03 gas turbines at Kansai Electric Power Company in Osaka, Japan, to replace aging LNG power generation assets. The plant is expected to deliver up to 1.8 GW of electricity and be among the most efficient in the country.

GE Vernova and Mass Group Holding signed a deal to modernize Iraq's largest power plant, the 4.5 GW Besmaya power plant in Baghdad. The deal includes Advanced Gas Path upgrades to increase output by 6% and an eight-year service agreement.

Voortman Steel Machinery, a Netherlands-based manufacturer of CNC steel processing machinery, is building a $51.4 million, 100,000-square-foot production facility in Monee, Illinois. The first phase is expected to be completed within 12-18 months, with plans for future expansions up to 400,000 square feet.

IGI Private Equity, with support from Crédit Agricole Italia and Banca Ifis, will acquire a majority stake in Meter S.p.A., an Italian manufacturer of custom ball and roller bearings for special applications. The Musso family will retain 40% of the capital and continue to lead the company.

Koops Automation Systems, a leader in custom automation solutions, is expanding its Greenville County, South Carolina facility with a multimillion-dollar investment, creating new jobs. The expansion will move operations from a leased 45,000-square-foot facility to a larger space.

The Suez Canal Economic Zone signed an agreement with UAE's Pearl Group to launch a $2 million polyurethane production facility in the Ain Sokhna industrial zone. The facility will have an initial workforce of 45 employees and a targeted capacity of 20,000 tons of polyurethane, with production set to begin in Q1 2025.

Fluiconnecto UK Ltd, part of the Manuli Ryco group, announced the acquisition of GB Hoses Limited, a UK provider of 24/7 emergency mobile hose replacement and a trade counter in Greater Manchester. The announcement was made on 30 October 2024.

French firefighting equipment maker Leader Group announced a merger with C.E.T. Group, a Pierreville, Quebec manufacturer of portable fire pumps and foam systems. The deal, announced 30 October 2024, strengthens Leader's international position.

Evopack has started an investment in two new production lines for food cardboard boxes and new storage space at its Piatra Neamț factory, estimated at EUR 1.8 million.

Romanian packaging maker Evopack will open a branch and a 1,200 square meter warehouse in Budapest in December as a delivery hub for Austria, Germany and Hungary. The investment is EUR 1.1 million.

United Utilities Water awarded the PRO004595 framework contract for pressure management valves and associated spare parts to three suppliers, published 30 October 2024. The valves support new investment and replacement of existing pressure management valves.

Electro-Mechanical LLC is investing $16.55 million to expand into a 200,000-square-foot facility in the Bristol-Washington County Industrial Park, Virginia, creating 109 jobs. The expansion will enhance production of switchgears and other electrical apparatus.

Cementos Progreso Holdings, S.L. signed an agreement to acquire 100% of Cemex's operations in the Dominican Republic and its export business to Haiti. The acquisition includes a cement plant with two integrated production lines, ready-mix and aggregates assets, and marine terminals.

The technology group Insta has purchased the entire share capital of PLC-Automation Oy, an engineering and service company in Oulu, Finland. The acquisition enhances Insta's ability to serve industrial customers in Northern Finland with electrical automation and digitalization services.

Medical Titan, owned by Mikhail Shelkov, will build a new titanium medical products manufacturing complex in the Technopolis Moscow SEZ, with investments over 3.1 billion rubles. The facility will produce 3 million titanium implants annually, launching in 2027.

Mill Point Capital LLC announced the formation of Voltaris Power LLC, created by acquiring two entities: Pioneer Custom Electrical Products and Jefferson Electric. Voltaris will focus on custom engineered electrical power solutions.