Anhui Wan'an Automotive Parts Co., Ltd., a subsidiary of Wan'an Technology, was selected as the supplier of aluminum rear subframe assemblies for two platform models of a domestic Chinese automaker. The total sales value over the product lifecycle is approximately CNY 280 million.
Uniphase, LLC acquired Janler Corporation, a tool builder and mold maker based in Chicago, IL, on October 29, 2024. The acquisition strengthens Uniphase's capabilities in plastics injection molding.
Bondex, a technical nonwoven manufacturer, is expanding its Edgefield County, South Carolina operations with an $18.8 million investment that will create 13 new jobs. The expansion includes a new needlepunch line and increased production capacity at its facility in Trenton.
Armstrong International has secured a European Commission Innovation Fund grant to accelerate expansion of its Herstal, Belgium manufacturing facility for high-temperature heat pumps. The grant amount was not disclosed.
Violeta group opened the Corspack corrugated cardboard packaging factory in Grude, Bosnia and Herzegovina, on 29 October 2024. The investment is reported at over EUR 40 million, with capacity of about 60,000 tonnes per year on one shift.
Trelleborg Sealing Solutions signed an agreement to acquire CRC Distribution, a US specialist distributor of polymer seals based in Robertsdale, Alabama, with annual external sales of about SEK 170 million. Completion is expected in Q1 2025.
bp awarded SLB's OneSubsea joint venture an EPC contract for a subsea boosting system with high-pressure subsea pump for the Kaskida greenfield project in the deepwater US Gulf of Mexico.
Fiberglass Coatings, LLC completed the acquisition of McKinnon Materials, a Tampa-based manufacturer of industrial and residential epoxy coatings and flooring systems.
Aqua-Aerobic Systems and METAWATER Co. Ltd. announced a merger agreement on October 28, 2024. The merger will place Aqua-Aerobic, including its subsidiary Mecana Umwelttechnik, under METAWATER USA INC.
Vetorial Siderurgia held a groundbreaking ceremony for its third blast furnace at its Corumbá plant. The BRL 200 million investment will add 180,000 tonnes/year of pig iron capacity, a 25% increase, with construction expected to take 18 months.
Warsaw Chemical acquired the Magic Finish Premium Car Care brand of car wash chemicals and auto detail products from Cul-Mac Industries. The acquisition strengthens Warsaw's product line in the car wash industry.
Deepak Phenolics, a subsidiary of Deepak Nitrite, approved agreements to procure 250 KTPA of propylene and 11 KTPA of hydrogen from Petronet LNG's petrochemical project in Dahej, Gujarat, for 15 years.
Auren Energia S.A. completed the acquisition of AES Brasil Energia S.A. from The AES Corporation, BNDES, Votorantim SA and Luiz Barsi for BRL 6.9 billion. The deal was announced on May 15, 2024 and completed on October 28, 2024.
Shengtak New Material Co., Ltd agreed to acquire an additional 17% stake in Jiangsu Rovma Auto Parts Co., Ltd. for CNY 74.8 million on October 28, 2024.
Huafon Chemical Co., Ltd. agreed to acquire Zhejiang Huafon Thermoplastic Polyurethane Co., Ltd. from Huafon Group Co., Ltd. for a total consideration of CNY 6 billion (including another acquisition).
GKHT Medical Technology Co., Ltd. agreed to acquire the remaining 40% stake in Heilongjiang Hengjiao Medical Equipment Co., Ltd. from Shanghai Yaotao Business Consulting Partnership for CNY 5 million, gaining full ownership.
Scott Technology secured six major contracts with food processors in Canada, Belgium, France and the Netherlands, valued at $30 million, to boost its North American expansion.
Green Matters Technologies Inc. signed a contract to install a CE-K500 heat recovery system at the InterContinental Real Santo Domingo Hotel in the Dominican Republic, reducing CO2 emissions by 66 tons per year.
ZOLL Medical Corporation, an Asahi Kasei company, completed its acquisition of Itamar Medical Ltd. for $31 per ADS in cash, making Itamar a business division within ZOLL.
HellermannTyton held a groundbreaking ceremony for a new precision manufacturing facility in Chennai, India, expected to be completed by Q3 2025, creating about 100 jobs.
Enovis opened a new Center of Excellence at its ceramics plant in Mörsdorf, Germany, aiming to double production capacity to better support orthopedic surgeons.
The U.S. Navy awarded Amentum a $490 million contract to provide contractor logistics support for the T-54A Multi Engine Training System, replacing the aging T-44C aircraft.
Mitsubishi Electric Power Products Inc. (MEPPI) announced an $86 million investment to construct a new 160,000-square-foot Advanced Switchgear Factory in Western Pennsylvania. The factory will initially produce vacuum and gas circuit breakers, and is expected to employ over 200 workers at full capacity.
Agg-Pro announced it has been acquired by SMT GB. Agg-Pro is a leading provider of crushing, screening, washing, and recycling equipment in the UK, and will operate as a subsidiary of SMT GB.
Rubicon Partners acquired a majority stake in Jacopa Limited, a supplier of water and wastewater treatment products and solutions in the UK and Ireland. This is the ninth investment from Rubicon Partners Fund V.
Applied Dynamics International (ADI) was selected by MxD to lead the design and installation of an Integrated Open Process Automation (OPA) Testbed at the MxD factory floor in Chicago, Illinois. The project is a collaboration with Siemens and the University of Michigan's Barton Research Group, scheduled for completion in mid-2025.
SMT acquired AGGPRO, a supplier of aggregate processing equipment in the UK. AGGPRO will operate as a subsidiary of SMT GB.
Genesys Industries acquired 100% of F3 Aerospace, a manufacturer of structural aircraft fastener components and assemblies. The acquisition includes the 10,000-square-foot manufacturing facility in Decatur, Illinois.
HistoSonics was awarded an exclusive contract by the Veterans Health Administration to provide its Edison Histotripsy Systems to VA hospitals across the United States. The contract establishes a $90 million schedule to develop histotripsy programs at key VA hospitals.
Braven Environmental announced a long-term offtake agreement with Chevron Phillips Chemical to supply ISCC PLUS certified pyrolysis oil from Braven's forthcoming facility near the U.S. Gulf Coast.
Hansae Co. Ltd., a global fashion ODM company, acquired US textile manufacturing company Texollini as part of its vertical integration project in Central America.
Kelheim Fibres GmbH applied for protective shield proceedings at the Regensburg District Court in Germany due to a massive price decline from Asian suppliers.
Sesa Spa announced that its subsidiary Var Group Spa signed a binding agreement to acquire a 55% stake in Smart Engineering GmbH, a German engineering software solutions provider.
BMW Group Plant Landshut commissioned a new production area in its light metal foundry for electric motor housings for the New Class, concluding an investment of around 200 million euros.
Aecon Group Inc. entered into a definitive agreement to acquire United Engineers & Constructors Inc., a nuclear and conventional power contractor, for US$33 million in cash.
Tata Advanced Systems Limited and Airbus inaugurated the Final Assembly Line complex for C295 aircraft in Vadodara, Gujarat, India. The facility will produce 40 of 56 aircraft for the Indian Air Force.
APM Terminals Maasvlakte II partnered with Konecranes for an Automated Horizontal Transport System, including up to 71 Lift AGVs, a third battery exchange station, and simulation software, as part of its expansion to double terminal capacity by 2027.
Wirtgen China began construction on the third-phase expansion of its Langfang New Factory in Langfang, China. The investment is over 60 million yuan, and the project is expected to be completed by May 2025 and operational by end of 2025, producing 1,000 sets of cold milling machine core components annually.
Nonwovens manufacturer Brickle Group announced the acquisition of Family Yarns, based in Maine, USA.
Alteo Group's takeover bid for Niche Fused Alumina was accepted by the Commercial Court of Chambéry. The acquired entity is renamed Alteo Fused Alumina.
GE Vernova received an order to supply a 9HA.01 gas turbine and other equipment for a new 600 MW hydrogen-capable combined cycle power plant at Pulau Seraya Power Station on Jurong Island, Singapore. The plant is expected to operate by 2027.
AMS AS partnered with Element Logic to deliver a complete robotic warehouse system for Wenaas Workwear in Norway. The system includes Autostore, conveyor systems, and AMS's direct FMS control system.
DN Automotive will invest 62.1 billion won to expand its high-performance AGM battery plant in Onsan-eup, Ulju-gun, Ulsan. The expansion will be completed by November 2025, adding capacity of 1.5 million batteries per year, all for export.
Hitachi Energy has acquired eks Energy, a power electronics company. The acquisition has enabled eks Energy to expand its facilities in Seville and utilize Hitachi Energy labs globally. A new liquid-cooled inverter is planned for launch in early 2025.
Permira, through its fund Permira Growth Opportunities II, will acquire approximately 40% of K-Way S.p.A. from BasicNet S.p.A. for an enterprise value of €505 million. BasicNet will retain a majority stake of about 60% and provide a €65 million vendor loan.
HR Smith Group, through its subsidiary TechTest Ltd, is building a £6m advanced manufacturing centre on Skylon Park in Herefordshire. The 31,000 sq. ft. facility will create up to 50 jobs and house machine shops, an apprentice school, and an advanced components facility.
Burkert Fluid Control Systems India has inaugurated a new manufacturing facility in Talegaon MIDC, Pune, spanning 50,000 sq.ft. The facility can produce over 30,000 valves and 500 systems annually, and will employ up to 32 people by end of 2024.
Sumitomo Bakelite (Suzhou) has completed construction of a new plant for epoxy resin molding compounds for semiconductor encapsulation in Suzhou Industrial Park. The plant will expand total production capacity by 1.3 times and is scheduled to begin mass production in 2025.
Mitsubishi Electric Power Products (MEPPI) is investing $86 million to build a new advanced switchgear factory and expand its power electronics facilities in the Pittsburgh region. The project will create 200 new jobs and retain 806 existing jobs.
Zhejiang Sitong New Material Technology is expanding its polyester capacity by commissioning an Oerlikon Neumag BCF S+ system at its Hangzhou plant. The additional four BCF S+ positions will increase polyester yarn production.