Newrizon has signed a contract to acquire the nano business division of Namyang Nonwoven, gaining 100nm-level electrospinning technology and related equipment to expand high-performance filter material production.

Flex has entered into a definitive agreement to acquire Crown Technical Systems, a leader in power distribution and protection systems, for $325 million in an all-cash transaction.

Mitsubishi Heavy Industries Thermal Systems has signed an agreement with Empower to supply 18 large-scale centrifugal chillers with aggregate cooling capacity of 56,250 RT for three district cooling plants in Dubai, with delivery starting in 2025.

Plantd has signed a multi-year contract with D.R. Horton to supply 10 million carbon-negative structural panels made from perennial grass. The panels will be used in homebuilding and are expected to sequester 165,000 mT of CO2.

Premier Tech Water and Environment has opened a new production and commercialization site in Montbrison, France, for sustainable wastewater treatment and rainwater management solutions. The site will create nearly 10 jobs and was supported by a €130,000 grant from the Auvergne-Rhône-Alpes region.

Transcend Packaging has entered into a multiyear commercial supply agreement with 2M Group of Companies to implement Xampla's Morro plastic-free coating. 2M will manufacture the PFAS-free coating at its facility in Milton Keynes.

Aquatech has announced a 25-year operations contract to deliver comprehensive water management solutions for Stegra's green steel plant in Boden, Sweden. The project is financed by John Laing and includes a 'water island' solution with zero liquid discharge.

Shandong Qingzhou Qilu Paper Industry successfully commenced operation of a 60-ton-per-day food packaging paper production line. The new line is equipped with state-of-the-art machinery and is expected to create jobs and boost the local economy.

Elisa is acquiring sedApta Group, an international manufacturing software business headquartered in Italy. The acquisition follows Elisa's strategy to grow digital services internationally and is expected to be finalised within a few weeks.

Bonfiglioli Transmissions Pvt Ltd laid the foundation stone for a new Industry and Automation facility in Cheyyar, Tamil Nadu. The 25-acre plant, expected to begin operations by 2025, will be one of the largest gearbox manufacturing facilities in India and is set to generate 150-200 new jobs.

Aperam signed a definitive agreement to acquire Universal Stainless & Alloy Products, Inc. for $45.00 per share in an all-cash transaction, valuing the company at an enterprise value of approximately $539 million. The acquisition is expected to close in H1 2025.

Ypsomed opened a new production hall (Hall D) at its Schwerin site, investing 22 million CHF. The company also announced a further expansion (Schwerin II) starting January 2025, with a total investment of nearly half a billion Swiss francs, to add 400-500 million pens and autoinjectors annual capacity.

SUEZ was awarded a contract by Hillerød Forsyning to upgrade the HCR Syd wastewater treatment plant in Hillerød, Denmark, by implementing a quaternary treatment step to remove micropollutants, especially pharmaceutical residues. The project is valued at €4.5 million, scheduled to start in early 2025 and be completed by mid-2026.

Stegra has entered a corporate Private to Private Partnership with John Laing and Aquatech to design, build, finance, operate and maintain a new water treatment facility at Stegra's industrial site in Boden, Sweden. The plant is critical for the world's first large-scale green steel plant, with production planned to start in 2026.

Mycronic AB acquired Modus high-tech electronics GmbH, a German developer of optical scanner systems for industrial use, including automatic optical inspection systems for electronic components. The acquisition strengthens Mycronic's market position by expanding its product portfolio along the value chain.

PPG announced a multi-year cost reduction program targeting structural costs in Europe and other global businesses, including facility closures and about 1,800 position reductions, primarily in Europe and the U.S. The program is expected to save $175 million annually.

PPG reached a definitive agreement to sell 100% of its architectural coatings business in the U.S. and Canada to American Industrial Partners for $550 million. The transaction is expected to close in late 2024 or early 2025.

SMC Ltd. announced a 160,000 sq. ft. expansion of its Devens, Massachusetts facility, adding three ISO 8 cleanrooms, a cold chain storage warehouse, and a material handling system. The expansion will support drug delivery and diagnostic markets.

Larsen & Toubro's Hydrocarbon Business won a significant contract from Rashtriya Chemicals and Fertilizers Limited to build a 1,200 MTPD NPK fertilizer plant at RCF's Thal unit in Raigad district, Maharashtra. The contract value is between ₹1,000 crore and ₹2,500 crore.

Schneider Electric announced the acquisition of Motivair Corporation, a provider of advanced liquid cooling solutions for data centers. The deal was announced on October 17, 2024.

CJ OliveNetworks won a contract to build a smart factory for HiteJinro's first overseas production plant in Vietnam, with an initial annual capacity of over 1 million cases, expected completion in 2026.

Buffalo Pumps, a subsidiary of Ampco-Pittsburgh, plans a $10.6 million expansion of its 874 Oliver Road plant in North Tonawanda, New York, to double manufacturing capacity and create 20 new jobs. The company makes centrifugal pumps for U.S. Navy and Coast Guard ships and commercial customers.

Germany's Federal Ministry for Economic Affairs awarded Schumacher Packaging a climate protection contract worth over €51 million for its Schwarzenberg plant. The funding over 15 years will convert site heat generation to climate-neutral biomass and generate green electricity.

Quebec family office Atwater Capital has acquired RDC Contrôle Ltée, a Quebec manufacturer of industrial cylinders, actuators and thermocouples founded in 1975. The announcement was made on October 17, 2024.

Graham Packaging is investing $35 million to expand and modernize its Hammond production facility in Tangipahoa Parish, Louisiana, acquiring advanced equipment and upskilling its workforce. The company expects to retain more than 100 positions, with all enhancements completed by 2027.

Energy Recovery was awarded contracts totaling over $12 million for PX energy recovery devices for three seawater reverse osmosis desalination projects in the United Arab Emirates, including a floating desalination barge in the Arabian Gulf. Orders are expected to ship by Q4 2024.

Torgovy Dom ADL is nearly finished building a four-storey plant in Raduzhny, Kolomna, for pipeline valves, with 98% construction readiness. Investment is about 600 million rubles and 40 jobs are planned, with completion expected in October 2024.

Packaging group Innova Group has recently acquired new land at its Erbè (Verona) plant with the intention of expanding the existing production site. No investment amount was given.

Wincove Private Holdings and its portfolio company PURGO Holdings acquired valve and actuator maker Valve Solutions, LLC of Alpharetta, Georgia, in an add-on deal initiated by White Oak Partners.

Ningbo Aux Electric is building a 5 billion yuan air conditioner compressor plant in the Wuhu Economic-Technological Development Zone, targeting 30 million units per year. Trial production is expected by end of 2024 and full production in the first half of 2025.

ArcelorMittal and China Oriental Group signed agreements to establish two joint ventures: an Upstream JV for HRC substrates in Tangshan, Hebei, and a Downstream JV for NEMM products in Changzhou, Jiangsu. Total investment is USD 2.66 billion.

Ypsomed signed a new project in Changzhou, China, with a total investment of €100 million and additional registered capital of €35 million. The project will expand capacity and add new product lines at its existing site, which is set to open in March 2025.

Carbonxt Group Ltd has commenced full-scale delivery of additional Powder Activated Carbon volumes to Reworld from its Black Birch facility in Swainsboro, Georgia, under a 4-year, $24 million contract extension. The contract is valued at approximately $6 million annually and supports Reworld's emission control efforts across 17 U.S. waste-to-energy plants.

ANPOLY held a groundbreaking ceremony on October 16, 2024 for a new factory in the Pohang Convergence Technology Industrial District, South Korea. The facility will have a total floor area of 4,429 square meters, involve an investment of 20 billion won, and is expected to be completed in October 2025 with an annual production capacity of over 1,000 tons and create more than 30 jobs.

Naipu Mining Machinery and New Materials announced that the first phase of its Zambia plant became operational on October 16, 2024. The $30 million facility produces compound liner plates and other durable mining gear parts with an annual output of 40 million tons.

Northrop Grumman received a $10.8 million contract from the U.S. Navy for a lifetime buy of 4-inch silicon carbide transistor wafers to maintain production and repairs for the APY-9 radar on the E-2D aircraft.

2M Group of Companies signed a multi-year commercial supply agreement with Transcend Packaging to supply Xampla's plastic-free Morro Coating, manufactured at 2M's Milton Keynes facility.

Nexeo Plastics and MBA Polymers signed a long-term distribution agreement for the sale of mechanically recycled post-consumer ABS, PS, PC-ABS and PP in the EMEA region.

Bosch inaugurated new production lines at its Aguascalientes plant after a $221.2 million investment, expected to generate 400 jobs by 2027, producing brake systems with Industry 4.0 technology.

Greece-based Flexopack plans a $33 million investment to build its first US plant, focusing on flexible packaging for the food industry.

AVIC International Beijing and Humboldt Wedag GmbH (KHD) were awarded a turnkey EPC contract by Ciments de l'Afrique (CIMAF) to build a 900 tons per day clay calcination plant in Burkina Faso, scheduled for completion by mid-2026.

Irish lifting firm WH Scott acquired a UK counterpart.

Mitsubishi Chemical Group decided to increase production capacity of ion-exchange resins for ultrapure water used in semiconductor manufacturing at its Kyushu-Fukuoka Plant in Kitakyushu, Japan, with upgraded facilities scheduled to start operation in April 2026.

Tsuyo established a production line for high-wattage EV powertrains for commercial vehicles in India, with an 85,000 square foot facility expected to be operational by Q3 2024, creating about 150 jobs.

Amazon signed three agreements to support the development of nuclear energy projects, including enabling the construction of several small modular reactors (SMRs) in Washington state through an agreement with Energy Northwest.

The SHS – Stahl-Holding-Saar Group awarded contracts to Primetals Technologies, Midrex Technologies Inc., and DSD Steel Group for a direct reduction plant, and to Primetas Technologies/DSD Steel Group and SMS Group for two electric arc furnaces, as part of the Power4Steel decarbonization project in Saarland, Germany.

Baker Hughes was awarded a contract to supply centrifugal and electrical-driven integrated compressor line compressors for TotalEnergies' Kaminho FPSO project in Angola's Kwanza basin. Production start-up is set for 2028.

Mitsubishi Heavy Industries held a ceremony to celebrate cumulative orders for 150 gas turbine units through its partner Dongfang Turbine in China, with the 150th unit ordered by China Huaneng Group.

Aubert & Duval has acquired a new forging press at its Pamiers site in 2024.

Aubert & Duval, a specialty metals company, is set to be acquired by Airbus and Safran on an equal ownership basis by 2026, following its 2023 acquisition by Airbus, Safran, and Tikehau Capital.