Workdry International, parent of Selwood, Siltbuster and Vanderkamp, has acquired Florida-based Holland Pump Company, a water handling and pump rental provider, to expand into North America. The deal gives Workdry a presence on the US East and Gulf Coasts.
Nearfield Instruments received a purchase order for its QUADRA High-Throughput Process Control Metrology system from a leading semiconductor manufacturer in East Asia. The order was secured after a competitive evaluation.
Fibratex is building a complex in Atyrau, Kazakhstan, to produce staple fiber with a capacity of 6,000 tonnes per year. Construction is expected to be completed in May 2025, with a cost of 1.8 billion tenge.
Talchyktex is constructing a plant in Atyrau, Kazakhstan, to produce woven polypropylene geotextile with a capacity of 10 million square meters per year, and in a second phase, 50,000 wagon liners per year. The project is located in a private industrial park.
Wright Block & Precast, a producer of block, brick, manufactured stone, and precast concrete, acquired the assets of American Block and Eastern Vault near Princeton, West Virginia, strengthening its position in the central Appalachian region.
Jsquare Electrical Steel Nashik, a 50:50 joint venture between JSW Steel and JFE Steel, will fully acquire Thyssenkrupp Electrical Steel India for ₹4,051.40 crore. The deal includes licensing or transfer of technology from Thyssenkrupp. TKES India manufactures grain-oriented electrical steel at its Nashik facility.
Jiangsu Sanmu Chemical is investing over 2.3 billion yuan to expand and upgrade its Yixing New Materials Industrial Park, covering synthetic resin production including acrylic monomers, phthalic anhydride, acetate solvents, plasticizers, polyurethane, formaldehyde, and acrylic emulsions. New projects include a 200,000-ton/year acetate unit, a 65,000-ton/year amino resin unit, and a 13,500-ton/year UV-curable resin unit.
2M Group of Companies has signed a multi-year commercial supply agreement with Transcend Packaging to supply its plastic-free Morro Coating for paper board packaging across the UK. The coating will be manufactured at scale at 2M's Milton Keynes facility under its Sustainable Packaging Technologies venture.
CITIZEN MACHINERY announced plans to construct a new machining building at its Vietnam facility, increasing machining space by 150% and doubling casting machining capacity. Construction starts March 2025, completion expected August 2025.
3P – Performance Plastics Products announced the acquisition of ICM Industrie group, which has 6 production sites in France and 160 employees. The acquisition aims to surpass €100 million in turnover and strengthens 3P's presence in precision machining of thermoplastics and thermoforming.
Wanhua Chemical received Valeo's Best Performance Award and signed a strategic cooperation agreement in Paris on October 18, 2024, to deepen collaboration in engineering plastics and chemicals for automotive applications.
LB Semicon announced it will absorb and merge LB Lusem to strengthen competitiveness by building an integrated post-process service portfolio. LB Semicon will be the surviving company, and LB Lusem will be dissolved.
PTC Industries entered into a Share Purchase Agreement on October 18, 2024, to acquire 100% shareholding of UK-based Trac Precision Solutions, a precision-engineered components supplier for aviation, defense, and power generation markets. The acquisition is subject to UK National Security and Investment Act approval.
Medtronic signed an agreement on October 18, 2024, for the Medtronic Kangdi Surgical Integration Base project in Changzhou, China, to advance localized innovation and manufacturing of surgical products.
The U.S. Department of Energy conditionally committed to a $1.44 billion loan guarantee for Calumet Montana's expansion of its Montana Renewables facility in Great Falls, Montana, to increase sustainable aviation fuel production from 140 million to about 315 million gallons annually. The expansion is expected to create 450 construction jobs and 40 operations jobs.
Master Freios, a joint venture of Randoncorp and Cummins Group, is acquiring control of UK-based EBS Group, a leader in commercial vehicle brake systems, for approximately £56 million. The deal aims to expand Master Freios' aftermarket presence in Europe and Asia.
Univar Solutions ChemPoint and PLZ Corp have announced a partnership for the sales, marketing and distribution of PLZ's food release agents and egg wash substitutes across the U.S., Canada, Mexico, South America, and the Caribbean.
Impact Climate Technologies has formed a strategic partnership with Central States HVAC Solutions, including Fontanesi & Kann Company, Architectural Building Components, and Bio-Grid. The partnership expands ICT's portfolio to 22 locations.
GE Aerospace has been selected to deliver six LM2500 marine gas turbine engine kits for the Indian Navy's Next Generation Missile Vessels. HAL will assemble and test the engines.
Hungarian-based 77 Elektronika has launched a $2 million manufacturing facility in Suzhou, China, to produce LabUMat and UriSed automatic urine analyzers. The facility plans to produce 300 units in the first year, scaling to 1,000 units annually.
The Tanzanian government signed an agreement with Amsons Group to invest US$320m to expand the Mbeya Cement plant and build a new cement plant in Tanga. The expansion will increase clinker capacity five-fold to 5000tpd, and the new plant will also produce 5000tpd.
LyondellBasell has become full owner of APK AG in Merseburg, Germany, a solvent-based recycling technology company. The acquisition aims to increase recycling of hard-to-recycle flexible plastic waste.
Veidekke has agreed to buy 46% of the shares in ESAM Møre AS, which is establishing Alvika Miljøpark, a facility for receiving, treating and selling surplus masses from construction activity in the Ålesund region.
GE Aerospace will deliver six LM2500 marine gas turbine engine kits to power the Indian Navy's Next Generation Missile Vessels built by Cochin Shipyard Limited. The engines will be assembled and tested by Hindustan Aeronautics Limited in Bangalore.
Konecranes will acquire Rotterdam-based Peinemann Port Services BV and Peinemann Container Handling BV to strengthen its Port Solutions business. The acquisition requires approval from the Dutch competition authority and is expected to close in Q4 2024.
Bharat Forge Limited has signed a definitive agreement to acquire AAM India Manufacturing Corporation Private Limited, a subsidiary of American Axle and Manufacturing, for an enterprise value of ₹5,445.30 million. The acquisition includes the commercial vehicle axle business in Pune and Chennai, along with the Pune Engineering and Development Centre.
Fives has signed a major contract to supply an automated inverter assembly line for electric vehicles to a key inverter supplier. The line will enable production of over one million electric powertrains annually by 2027, with installation starting in January 2025 and commissioning by end of 2025.
Nupur Recyclers Ltd., through its subsidiary Nupur Extrusion, is investing over $2.1 million to establish an aluminum extrusion plant in Sampla, Haryana, India. The facility will produce extrusions from recycled scrap, targeting an annual capacity of 5,000-6,000 tons by fiscal year 2025-2026.
The fischer Group of Companies has fully acquired the Viennese start-up BauBot GmbH, which specializes in construction robotics. BauBot had been majority-owned by fischer since 2022.
Shanghai Electric's subsidiary Shanghai Electric Automation Group will acquire 100% of Ningsheng Industrial from Shanghai Electric Holdings for 3.082 billion yuan. Ningsheng holds stakes in Shanghai Fanuc Robotics, an industrial robot joint venture with FANUC.
Tata Steel has signed a contract with Tenova to supply a 3-million-tonne-per-year electric arc furnace and ladle metallurgy furnaces for its Port Talbot site in Wales, UK. The EAF, commissioned from end of 2027, will reduce carbon emissions by 90%.
Hubei Kaiyi Petrochemical Equipment Manufacturing broke ground on 18 October 2024 on a 150 million yuan Kaiyi Industrial Park in Jiangxia, Wuhan, for a specialized high-pressure valve production line, relocating its operations there.
UK corrugated polypropylene manufacturer Twinplast has appointed Andrew Hawksley as its new Financial Director to support its growth strategy. He has 25 years of senior finance experience, including in the manufacturing sector.
Rumopak plans to double aerosol can production to 288 million cans a year by building a new production complex with three technology lines in Vyazma, Smolensk region, with an investment of nearly 500 million rubles. The investor has received a construction permit and is preparing to start building, according to the governor.
Huhtamäki Oyj is expanding its fiber lid production capacity at its Lurgan site in Northern Ireland. The article provides few details beyond the headline.
The Jinan packaging materials branch of China's General Tobacco group announced tender results for packaging box selection, delivery and cigarette box turnover services, with several Jinan and Shandong firms named as winning bidders for four lots. Unit prices were 1.65 to 2.65 yuan per unit including 13% tax.
Kejia Valve has started preparations for a technical renovation and expansion project in Hexian, Anhui, to build an intelligent casting line with annual capacity of 30,000 tonnes of precision valves and fittings. Total investment is 120 million yuan, with construction planned over 12 months.
WEG inaugurated a new manufacturing site in Santo Tirso, Portugal, on October 17, 2024. The facility spans over 100,000 square meters, with 45,000 square meters covered, and will house a High Voltage Solutions Center for medium- and high-voltage motors and frequency drives, as well as a research and development center.
Danosa inaugurated new industrial facilities in Pombal, Portugal, with an investment of over 10 million euros, creating more than 80 jobs. The plant will produce XPS and EPS thermal insulation materials with an annual capacity exceeding 330,000 m³.
CRRC's medium- and low-voltage power device industrialization project in Yixing, Jiangsu, with a phase 1 investment of 5.9 billion yuan, has been completed and put into operation. The plant can produce 360,000 8-inch medium- and low-voltage component substrates per year.
CMTP, a leading Australian pallet manufacturer, has announced the acquisition of Palletmasters in Queensland, effective from 1 November 2024, to expand its footprint and production capabilities.
Master Europe Automotive Systems Limited, an indirect subsidiary of Randoncorp, has signed an agreement to acquire 100% of EBS Aftermarket Group Limited, a distributor of braking systems and auto parts for commercial vehicles in Europe, for £56 million.
Miranda Water Technologies, a subsidiary of Rainmaker Worldwide, has partnered with Fleming College to develop a SmartCell Control Module for its Miracell Rotating Biological Contactor wastewater treatment system.
AURA AERO Inc. plans to build a 500,000-square-foot manufacturing and assembly plant at Daytona Beach International Airport in Volusia County, Florida, creating over 1,000 jobs.
AHS & AMP has officially opened a new 60,000 sq ft state-of-the-art manufacturing facility in Darwen, Lancashire, representing 25% of its global manufacturing capacity and serving customers across the UK, Europe, Africa, and Asia.
Hahn-Mason, a provider of HVAC solutions, has been acquired by Air Control Concepts and will merge with Insight Partners and Faulkner-Haynes to create a larger HVAC entity in the Carolinas.
Bonfiglioli Transmissions Pvt. Ltd. will invest ₹100 crore in a new facility for light and medium gear motors in Pune, expected to become operational by 2026.
Zekelman Industries has announced a joint venture with Maverick Pipe to expand its offering of strut channel, PVC conduit and PVC fence products. The joint venture will also operate a resin mixing and extrusion factory in Richmond, Kentucky.
Beontag has opened a new state-of-the-art facility in Trotwood, Ohio, representing a planned investment of $80 million. The facility will quadruple Beontag's North American output capacity, with capability to ship up to 3 billion RFID tags and 2.9 billion sq ft of materials per year by Q4 2025, and employ over 220 people.
Sormac, a supplier of vegetable processing machines, is building a new hall of over 3,000 square meters at its Venlo facility, doubling construction capacity and adding automation including a laser cutting machine.