Porto Chibatão signed a contract in 2022 to purchase four LBS 800 barge-slewing cranes from Liebherr. The cranes were delivered in September 2024 and are now operational at the port in Manaus, Brazil.
dB Control was awarded six contracts worth $14.5 million for TWT amplifiers, high-voltage power supplies, and wideband microwave power modules to support electronic warfare systems for domestic and foreign military customers.
Grupa Azoty Polyolefins S.A. has produced 200,000 tons of polypropylene at its Polimery Police installation as part of guaranteed parameter tests. The plant is gradually increasing capacity toward a target of 437,000 tons/year of polypropylene.
Rehau Group has acquired a 51% stake in Red Star Polymers Pvt Ltd, an Indian polymer processing company based in Pune. The acquisition marks Rehau's entry into India's polymer market and is subject to regulatory approvals.
Toray Advanced Materials held a groundbreaking ceremony for an IT film and aramid fiber production plant in Gumi, South Korea, with an investment of over $100 million. The plant will produce 300 million m²/year of MLCC release film and expand aramid fiber capacity by 3,000 tons/year.
Henkel is investing around €20 million in 2024 and 2025 to expand and modernize its adhesives plant in Bopfingen, Germany, which produces hot-melt and polyurethane adhesives for packaging and wood/furniture industries.
Paragon has acquired a majority stake in TP Food Group, an Italian manufacturer of food processing equipment including ovens, mixers, freezers, and spiral conveyors, from Xenon Private Equity and other shareholders.
Nova Harvest Ltd., in partnership with HFN Group, has ordered a Quintus High Pressure Processing press for oyster shucking. The press is scheduled for installation in May 2025.
Sofyne Active Technology and AG Solution have partnered, backed by Waterland Private Equity, to form SAPHIR, a European IT services company focused on Industry 4.0 digital transformation.
Elsodent, a manufacturer of dental consumables, has acquired the activities and brand of Ionyx, a company specializing in endodontic equipment.
Končar – Distributivni i Specijalni Transformatori (D&ST) has signed a contract worth more than €19 million to deliver transformers to German power utility EAM Netz. The equipment is set to be delivered from 2027 to 2029.
ICO Terminals has purchased a second Liebherr mobile harbour crane LHM 550 for its terminal in Antwerp. The crane is scheduled to be delivered in eight months.
Berry Global has set a date of November 1, 2024 for the spin-off of its Health, Hygiene and Specialties Global Nonwovens and Films business (HHNF), which will then merge with Glatfelter on November 4, 2024.
China Energy Engineering Corporation (CEEC) and Mitsubishi Power have secured a $564 million contract from ONEE to develop the 900 MW Al Wahda gas power plant in Morocco. The contract includes a five-year maintenance agreement worth $72 million.
SIR Industrial Robotic Solutions announced a strategic expansion of its Modena headquarters, adding 1,180.62 square meters (12% increase) to a total building capacity of 9,631.62 square meters. The expansion aims to consolidate offices and operational facilities into a single location.
Jasmino Corporation announced the acquisition of two German companies, HAW Lining and GBT Buecolit, for an undisclosed amount. The acquisitions position Jasmino as the world's 3rd largest provider of heavy-duty industrial anti-corrosion lining solutions.
Toray held a groundbreaking ceremony for an expansion of aramid fiber and polyester film production facilities at its Gumi 5 plant in South Korea, with an investment of over $100 million. The aramid fiber line (Unit 2) will have an annual capacity of 3,000 tons, targeting operation in mid-2025. The IT film line will have an annual capacity of 300 million square meters, with completion in H2 2026.
KBY Industrial México began expansion of its operations at Logistik Industrial Park in Villa de Reyes, San Luis Potosí, with an initial investment of over $20 million. The first phase will produce 1,800 kilometers of high-tech automotive cables, creating more than 100 direct jobs. The company plans an additional $100 million investment by 2026, creating 1,000 more jobs.
Toray Advanced Materials Korea held a groundbreaking ceremony to expand IT film (Unit 13 and 14) and aramid fiber (Unit 2) production at its Gumi 5 plant in South Korea. The IT film line will have an annual capacity of 300 million square meters, with completion in H2 2026. The aramid fiber line will have an annual capacity of 3,000 tons, with operation targeted for mid-2025.
Fortescue Mining and Liebherr announced a partnership to supply a wide range of earthmoving and mining equipment, announced during Minexpo 2024 in Las Vegas.
Kumho Mitsui Chemicals Inc. has commenced operations at additional MDI production facilities at its Yeosu plant in South Korea, increasing capacity by 200,000 tons/year to a total of 610,000 tons/year. The expansion is to meet growing demand for high-performance MDI used in electric vehicles and insulation materials.
Nxu, Inc. has entered into a merger agreement to acquire all outstanding shares of Verde Bioresins, Inc. in an all-stock transaction. The combined company will be renamed Verde Bioresins, Corp. and list on Nasdaq under the ticker VRDE.
Jiangxi Miya New Materials Co., Ltd. plans to add intelligent extrusion nonwoven production lines, smart embossing (thermal transfer) lines, printing lines, and digital system software at its facility in Ruijin, Jiangxi. The project has an investment of 46 million yuan and is expected to add annual nonwoven capacity of 6,000 tons.
Mitsubishi Generator will supply a gas turbine generator for a new 475 MW cogeneration power plant in Jubail, Saudi Arabia, developed by a consortium led by TAQA and JERA. The plant will provide electricity and steam for the SATORP petrochemical complex expansion.
DOM S.r.l., an Italian gas and steam turbine blade manufacturer, has acquired the entire share capital of C Blade S.p.A. Forging & Manufacturing from SIFCO Irish Holdings Limited, a subsidiary of SIFCO Industries. The combined entity has a revenue of approximately €40 million.
KEBA acquired EnerCharge, an Austrian DC charging solutions manufacturer that had filed for insolvency. The acquisition adds DC charging stations (40-480 kW) to KEBA's portfolio, making it a full-range supplier for EV charging infrastructure.
Allison Transmission announced several contract wins for its Specialty Series transmissions in wheeled defense vehicles, including for Canadian Mercedes-Benz Zetros vehicles, British Boxer armored vehicles, Jackal 3 trucks, Polish Bóbr-3 carriers, and Romanian Iveco logistic platforms.
GS Inima and Aquapor signed a contract for the design, construction, and operation of Portugal's first desalination plant.
Hörmann Intralogistics has been commissioned as general contractor to build an automated two-aisle high-bay work-in-progress warehouse for Dunapack Packaging in Straßwalchen, Austria, to expand storage capacity.
Packaging Corporation of America reported $468.4 million in capital spending through Q3 2024, including at least 60 projects at box plants such as new corrugators and new converting lines.
Tyoga Container, a corrugated box manufacturer, has completed a $30 million expansion of its Tioga, Pennsylvania facility, adding five new corrugated converting lines and about 144,000 square feet of space. The state budget awarded the company $1.5 million for the project.
Region Gotland awarded Kemira Oyj a contract for polymer for wastewater treatment valued at SEK 2,500,000. The contract was awarded on 22 October 2024 and runs until 30 September 2026.
Dongfang Boiler Co., Ltd and MHI Dongfang Boiler Co., Ltd signed a purchase contract for HRSG equipment for the Malaysia Miri 1×500MW gas turbine power plant project on October 22, 2024.
GE Aerospace reported strong Q3 2024 results and announced several customer wins: Avolon ordered 150 LEAP-1A engines for 75 A320 aircraft; EVA Air committed to GEnx engines for four 787s; Qatar Airways committed to 40 GE9X engines for 20 777s; and the Polish Ministry of National Defense committed to over 200 T700 engines for 96 Boeing Apache Guardian helicopters.
Advanced Drainage Systems, Inc. celebrated the grand opening of its $65 million ADS Engineering and Technology Center in Hilliard, Ohio. The 110,000-square-foot facility is the largest stormwater engineering center in the world and includes product development, hydraulics, and materials science labs.
Quester Tangent won a sub-supplier contract from Hyundai Rotem USA to supply train control, monitoring, passenger information, and fleet management systems for 182 new subway trains for LA Metro, with an option for 50 more, for delivery ahead of the 2028 Olympics.
Portland Tractor Inc. (PTI) acquired Ohio Valley Parts & Equipment (OVPE) and rebranded it as PTI Kentucky, combining their inventories of used, rebuilt, and aftermarket parts for mining and construction equipment.
Mainspring Energy announced plans to build a $175 million next-generation power generator plant near Pittsburgh International Airport in Coraopolis, Pennsylvania.
Sunbelt Solomon Services acquired Struthers Technical Solutions, an electrical engineering consulting firm based in British Columbia, Canada, to expand its field services and presence in Canada.
Benecke Changshun Eco Trim, a subsidiary of Continental's ContiTech, opened the third phase of its Changzhou plant, adding 13 million square meters of annual composite material capacity for automotive interior materials.
James Willis Marion Manufacturing is consolidating its Morton, Illinois, operations into its West Terre Haute facility, creating 20 new jobs.
Bell Textron is considering a $429 million plant in Fort Worth, Texas, to produce components for the V-280 Valor attack aircraft. The city is proposing tax breaks, but no final decision has been made.
AptarGroup was awarded a contract from the U.S. Federal Government to advance development of its ActivShield technology for sterilizing medical devices without a power source.
Mexstamp announced a 70 million peso investment to build its second plant in Aguascalientes, Mexico, to increase production of 56 types of automotive parts.
Wabtec finalized a $405 million deal to supply Evolution Series ES44ACi locomotives to Kazakhstan's national railway company, KTZ. The locomotives will be manufactured at Wabtec's Lokomotiv Kurastyru Zauyty facility in Astana.
Advanced Polymer Coatings (APC) is expanding its business in Asia, appointing Anthony Aw to lead sales and customer engagement in the region. The company is also ramping up to quadruple its manufacturing capacity with a new automated system.
Artinis Medical Systems B.V. acquired Twente Medical Systems International (TMSi) B.V., combining expertise in optical measurements and electrophysiological signals to develop advanced solutions for medical and scientific markets.
The U.S. Department of Energy awarded Mainspring Energy $87 million to expand manufacturing in Allegheny County, Pennsylvania. The new 300,000 sq ft facility will produce up to 1,000 Linear Generators annually, with total investment exceeding $175 million, creating over 600 jobs.
Boco Topco New Materials Technology Ltd. is building a silicone project at Weifan, China, with a planned investment of 300 million yuan. The project is 40% complete, expected to finish by end of 2025, and will produce silicone coupling agents, blending agents, and lubricants, creating over 200 jobs.
Li Ning Co. Ltd. and HongShan Venture entered into a subscription and shareholders' agreement to form a joint venture in the British Virgin Islands. The JV will develop and operate the Li Ning brand business exclusively in overseas markets, with total share capital of HK$200 million.