Nexam Chemical has secured its first full-scale production order from a global manufacturer of structural composites, following nearly two years of R&D. The order involves customer-specific additives for applications in aerospace, automotive, and wind energy.

Volvo has begun construction of a heavy-duty truck assembly plant in Ciénega de Flores, Nuevo León, Mexico, with a $700 million investment. The plant is expected to start production in summer 2026, producing 25,000 units per year and creating 2,500 jobs.

Bilfinger has won a three-year extension to its maintenance contract with Innospec at the Ellesmere Port site in Lancashire, UK. Bilfinger will provide mechanical, scaffolding, insulation, painting, electrical, instrumentation, asbestos removal, and facilities maintenance services.

Arabian Geophysical and Surveying Company (ARGAS) has announced a collaboration with BAUER Resources to expand and improve mining and natural resource services in Saudi Arabia, supporting Saudi Vision 2030.

Schur Pack Germany has ordered two large-format sheetfed offset presses from the Rapida 145 series from Koenig & Bauer, scheduled to start production next year at its Gallin plant in Northern Germany.

Italian combi and bakery oven manufacturer Unox plans to open a new production plant adjacent to its current site in Charlotte, North Carolina, next year. The plant will follow the same intelligent and sustainable factory concept as its Italy headquarters.

German tool manufacturer Wefa is expanding its production in Thayngen, Schaffhausen, Switzerland, doubling capacity to meet increased demand for extrusion dies driven by electromobility.

Nordic Semiconductor has signed a Letter of Intent to acquire Norwegian ultra-wideband wireless technology company Novelda AS for an undisclosed sum, subject to due diligence and board approval.

Monadelphous Group has been awarded new contracts and extensions totaling approximately A$160 million ($107 million) from Rio Tinto, South32, and Iluka for maintenance, project works, and fabrication services at mining operations in Western Australia.

Liebherr closed the biggest contract in its company history with Australian partner Fortescue, valued at approximately €2.5 billion. The deal includes joint development and delivery of 475 Liebherr machines, including 60 battery-powered bulldozers produced in Telfs, Austria.

Gujarat Toolroom Ltd secured a ₹310 million order from Reliance Industries' oil and gas division for the supply of specialized equipment and tools. The company will design, manufacture, and deliver the equipment within a stipulated timeframe.

Icelandic seafood technology firm KAPP has acquired the assets of bankrupt fish processing equipment manufacturer Skaginn 3X for an undisclosed sum. The acquired entity will operate as KAPP Skaginn, backed by a consortium including VGJ, Tectru, and five former employees.

2M Group of Companies announced a multi-year commercial supply agreement with Transcend Packaging to supply Xampla's plastic-free Morro Coating, manufactured at 2M's facility in Milton Keynes, for use on paperboard applications in quick-service restaurants.

TTM Technologies is building a $130 million state-of-the-art manufacturing facility in DeWitt, New York, to produce Ultra-High Density Interconnect printed circuit boards for U.S. military applications. The project is expected to create 400 jobs.

General Motors and Lithium Americas entered into an investment agreement on October 16, 2024 to establish a joint venture for the Thacker Pass lithium project in Nevada. GM will acquire a 38% stake for $625 million in cash and letters of credit, replacing a previous $330 million investment commitment.

S&C Electric Company officially opened a new 275,000-square-foot manufacturing facility in Palatine, Illinois, creating 200 production and engineering jobs. The facility produces circuit-switchers and other grid-hardening equipment.

China Oriental Group and ArcelorMittal signed agreements on October 16, 2024 to establish two 50/50 joint ventures in China: an upstream JV to produce hot-rolled substrate and a downstream JV to produce new-energy soft magnetic materials.

China Oriental Group and ArcelorMittal entered into agreements to establish two joint ventures: an upstream joint venture for hot-rolled coil substrates and a downstream joint venture for new energy soft magnetic materials. Each company will hold 50% equity in each venture.

Nippon Steel Corporation (NSC) decided to absorb its subsidiary Nippon Steel Stainless Steel Corporation (NSSC) through a merger.

Drugmakers Cipla and Alkem Laboratories are frontrunners to acquire a controlling stake in Sahajanand Medical Technologies (SMT), India's largest cardiac stent maker. The deal values SMT at Rs 3,500-4,000 crore.

H.I.G. Capital bought an industrial company with about 350 employees that sells and services petroleum fueling stations, EV charging infrastructure, and industrial pumps and compressors. The deal was reported on November 25, 2024.

Japan Pulp & Paper Co, Ltd. agreed to take over the operations of the insolvent German paper companies Inapa Deutschland, Inapa ComPlott and Inapa Packaging in a reorganised form. Integration is planned for 1 December 2024.

Bürkert Fluid Control Systems inaugurated a 50,000 square foot manufacturing facility in Talegaon MIDC, Pune, its third production unit outside Europe. The plant can produce over 30,000 valves and 500 systems annually and is expected to employ up to 32 people by year end.

Shareholders of both International Paper and DS Smith approved the all-share combination of the two companies, which is expected to close in Q4 2024 subject to regulatory clearance. The combination aims to create a corrugated packaging company focused on Europe and North America.

2M Group of Companies signed a multi-year commercial supply agreement with Transcend Packaging to supply Xampla's plastic-free Morro Coating across the UK. The coating will be manufactured at scale at 2M's Milton Keynes facility under its Sustainable Packaging Technologies venture.

Tripak Ltd has recently acquired Hadrian Packaging, a supplier of customised packaging solutions for food, beverage and industrial goods. The announcement was published on October 16, 2024.

Brazil's competition authority CADE approved Tredegar's sale of its Terphane flexible packaging film business to Oben Group. The deal, agreed in September 2023 for $116 million base consideration, is expected to close on November 1, 2024.

Alpha Ecoplast Pvt. Ltd. commissioned a Starlinger recoSTAR PET 215 HC iV+ PET bottle-to-bottle recycling system in its new facility near Kosamba, Gujarat, in mid-October 2024. The system has an output of up to 2,700 kg of bottle-grade pellets per hour.

Alphagary, an Orbia business, is installing a new production line at its manufacturing facility in Altamira, Mexico, to produce PVC-based compounds for healthcare, food contact, and skin contact applications. The expansion adds 15,000 tons per year of capacity and is expected to be operational by Q4 2024.

Can Art Aluminum Extrusion Canada Inc. received $5 million from the federal government (FedDev Ontario) to expand its aluminum parts manufacturing capacity for EV battery components at its Lakeshore, Ontario facility.

TXR Robotics, a logistics and robot automation company affiliated with Eugene Group, held a completion ceremony for its Smart Factory and Robot Convergence Research Institute in Saenggok-dong, Gangseo-gu, Busan. The facility has a total floor area of 3,472 m² and will serve as a research and production base.

OriginClear's Modular Water Systems division delivered an EveraMOD pump station package to a large-scale wastewater upgrade project in Big Beaver Borough, Pennsylvania, replacing a failing pump station.

VSE Corporation signed a definitive agreement to acquire Kellstrom Aerospace Group, a distributor and service provider for the commercial aerospace engine aftermarket. The transaction is expected to close in Q4 2024.

Proplate, a Swedish steel fabrication company, is investing $1 million to build a new facility in Chunchula, Alabama. The facility is expected to create 30 jobs over three years and will specialize in high-quality steel fabrication.

MFG Chemical, a specialty chemicals manufacturer, was acquired by Windjammer Capital from Platte River Equity. The company is headquartered in Chattanooga, Tennessee, with seven manufacturing plants.

MFG Chemical, a portfolio company of Windjammer Capital, acquired AP Tech, a leader in solid chemistry solutions for industrial water treatment. The acquisition strengthens MFG Chemical's position in the water treatment market.

Triumph Group celebrated the grand opening of its new Thermal Solutions Development Center in West Hartford, Connecticut. The $12 million expansion will support over 100 new jobs and develop advanced cooling systems for military and civilian aircraft.

Burton Mill Solutions, based in Woodland, WA, has acquired Industrial Cutting Tools (ICT), a company in Quitman, GA, specializing in reconditioning industrial cutting tools for sawmills, chip, and pellet operations in the Southeastern U.S. The acquisition enhances Burton's geographic footprint and technical capabilities.

Procter & Gamble is investing $96.7 million to install new advanced production lines and increase production capacity at its Rapides Parish, Louisiana fabric care product manufacturing facility. The project is expected to create 15 direct new jobs and retain 572 current positions. Construction will take place over the next two years.

Stellantis-backed startup Lyten will invest over $1 billion in a lithium-sulfur battery factory in Nevada.

French industrial group Estève et Compagnie announced the acquisition of 100% of Chapel, a French manufacturer of hydraulic cylinders and autonomous pumps based in Isère and Germany. All jobs are retained. The acquisition amount was not disclosed.

Macpower CNC Machines Limited received an order worth INR 29.5 million (taxes included) from the Jabalpur Vehicle Factory (Defence Production Department) for one Horizontal Machining Center (HMC), including design, production, supply, assembly, commissioning, and tooling solution. The order is to be executed within 6 months.

SAS Chemicals GmbH announced a strategic equity investment by Dow to expand production capabilities in Germany and initiate an expansion in Turkey for high-performance adhesives and sealants for the insulating glass industry.

Tubacex S.A. signed a contract with Petrobras to supply corrosion-resistant alloy oil country tubular goods, premium connections and accessories for the Sepia 2 and Atapu 2 oil and natural gas projects. The contract value is €64.5 million, with deliveries expected to begin in 2025.

The Eastern and Southern African Trade and Development Bank Group signed a loan agreement with JBIC and Mizuho Bank for on-lending to Globeleq Menengai Geothermal Limited to provide geothermal equipment for a 35MW geothermal power plant in Menengai, Nakuru, Kenya. The total financed amount is USD 14.4 million.

ILJIN Electronics (India), a unit of Amber Enterprises India, signed a joint venture agreement with Korea Circuit Co. to establish a new company in India for manufacturing semiconductor substrates, including HDI and Flex PCBs. ILJIN will hold a 70% stake and Korea Circuit 30%.

Maire Tecnimont, in joint venture with HQC, was awarded a $328 million EPCC contract by PRPC Polymers for a 400,000 tonnes per annum HDPE unit at the Petronas Integrated Complex in Pengerang, Malaysia. The contract was awarded on November 10, 2016, with completion expected by May 2019.

EarthDaily Analytics has acquired Descartes Labs, a provider of geospatial intelligence, including its subsidiary Descartes Labs Government. The acquisition was announced on October 15, 2024.

ILJIN Electronics (India) Private Limited and Korea Circuit Co. Limited entered into a joint venture agreement on October 15, 2024, to form a company in India for manufacturing HDI, Flex, and Semiconductor Substrates PCBs. ILJIN will own 70% and KCC 30%.

Gujarat Toolroom Limited has been awarded a ₹310 million order from Reliance Industries Limited for construction materials for RIL's Jamnagar facility, expected to be completed within two months.