Röhm has massively increased production capacity for PLEXIGLAS molding compounds in Europe, North America and Asia, investing in state-of-the-art facilities to serve rising demand, especially from the automotive industry.
EnSilica has been awarded a design and supply contract for a mixed signal controller ASIC for automotive and industrial motorised actuators from a European client, with total projected value exceeding US$31 million over 7 years.
Trasmec has finalized the acquisition of a controlling stake in A.R.C.E.M.I. Impianti Srl, an Italian supplier of machinery for lifting, extraction and dosing of powdered and granular materials, to strengthen its technological offering and international presence.
TD Power Systems has secured two orders worth a combined Rs 142 crore from two major international gas engine OEMs for supplying gas engine generators, for applications in grid stabilisation, base load power and data centres.
T&S Klimaattechniek, a Dutch climate installation company specializing in cooling systems for data centers, was acquired by the international Nordic Climate Group to support further growth and expansion.
Rockwell Automation signed an agreement with Taurob (Dietsmann Group) to provide end-to-end robotic automation solutions for industrial organizations, combining Rockwell's digital services (Kalypso) with Taurob's ground robots for inspection and maintenance.
Embraer announced an investment of up to $70 million to open a new Embraer-owned MRO service center at Perot Field Alliance Airport in Fort Worth, Texas. Operations will begin in an existing hangar in Q2 2025, with a new hangar completed by 2027, creating approximately 250 jobs.
A joint venture between Seymour Whyte and Jacobs received an Engineering, Procurement, and Construction Management (EPCM) services contract from Sydney Water for the Upper South Creek Networks Program in Western Sydney, focused on wastewater infrastructure.
Worldwide Stainless Sdn. Bhd. agreed to acquire Bahru Stainless Sdn. Bhd. from Acerinox S.A. for RM408 million (USD 95 million). The transaction is expected to close by end of November 2024, and Worldwide Stainless plans to restart operations and rehire nearly 90% of the retrenched workforce.
The U.S. Army awarded BAE Systems a five-year indefinite delivery, indefinite quantity contract with a ceiling value of $460 million for the AN/ARC-231/A Multi-mode Aviation Radio Set (MARS), including hardware, repair services, engineering and logistic support for rotary-wing aircraft.
Suzhou NOVOSENSE Microelectronics signed a supplementary agreement to acquire shares of Shanghai McGoon Microelectronics Co., Ltd. in cash, following a board resolution in June 2024.
Freudenberg Group commissioned two new plants in Morinda, Punjab, for around Rs 385 crore. The facilities produce automotive seals and NVH components, and will add approximately 200 new jobs.
Wolfspeed reached a $750 million preliminary memorandum of terms funding agreement under the CHIPS Act, unlocking an additional $750 million in private investment. The funding will accelerate expansion at the Marcy Nanocenter in Oneida County, New York, and support a new facility in Siler City, North Carolina.
Chervon Auto Precision Technology received two orders for new energy vehicle parts worth a total of CNY632 million from a Chinese and a European customer. The orders cover power supply cases and inverter cases, with production starting in 2025 and 2026.
Bost Machine Tools Company installed its largest vertical lathe, the Bost VTL 100 C 8.000-2 Premium model, at the FERRY-CAPITAIN facility in Vecqueville, France. This is the third BOST machine installed at this plant.
SK Hynix has ordered over 30 TC bonding devices from ASMPT for the production of its 12-layer HBM3E high bandwidth memory chips. The equipment will be used in MR-MUF packaging technology.
Canadian valve maker Velan signed a main services agreement with GE Hitachi Nuclear Energy as supplier for Ontario Power Generation's Darlington New Nuclear Project. GEH placed an initial purchase order for engineering support and critical valves for the first BWRX-300 SMR, with three more units planned by 2034.
Danfoss Turbocor completed Project Horizon, its largest expansion in Tallahassee, Florida, including a new 145,000 sq ft manufacturing facility built by Sperry Construction. The $60 million project will let Danfoss make over 14,000 compressors per year, doubling current capacity.
Burckhardt Compression was selected by Preem as compressor supplier for its Lysekil refinery in Sweden, supplying two API 618 process gas compressors for the Synsat and ICR renewable diesel unit. The revamp, with Topsoe as process licensor, is scheduled to be fully rebuilt by 2024 and supports up to 1,000,000 standard cubic meters per year of renewable diesel.
Silgan has completed its acquisition of Weener Packaging, according to the article headline. The article body contains no further details on deal value or sites.
Unico Mechanical Corp won a USD 28 million contract from the U.S. Bureau of Reclamation to replace two 156-inch butterfly valves and refurbish gates at the Blue Mesa Hydro Electric Powerplant in Colorado. Work is slated to start in December 2024 and finish in September 2028, with Adams Valves as design and fabrication partner.
UK water management provider Dutypoint has acquired Flowtech Water Solutions, a designer and manufacturer of water booster sets. The deal strengthens Dutypoint's water solutions offering in the UK market.
Uzbekistan's Ministry of Investment, Industry and Trade signed an investment agreement with JSC Arnest Packaging Solutions to build a beverage aluminum can plant in the Navoi Industrial Development Complex. The investment is about $100 million, capacity over 1.5 billion cans per year, with launch planned for autumn 2025.
TekniPlex held a grand opening for its new $17.5 million, 200,000 sq ft egg carton plant in Van Wert's Vision Industrial Park, which is expected to employ about 100 workers. Construction began in June 2023.
Nabors Industries has signed a definitive agreement to acquire all shares of Parker Wellbore in exchange for 4.8 million Nabors common shares, subject to a share price collar. Parker provides downhole tubular rentals and drilling services, including 17 drilling rigs.
Flowserve has completed its acquisition of MOGAS Industries, adding severe service valves and aftermarket services to its Flow Control Division. The purchase price was approximately $305 million including the potential earnout.
Baker Hughes has been awarded a contract to supply centrifugal and electric-driven Integrated Compressor Line compressors to Saipem for TotalEnergies' Kaminho FPSO unit in Angola. The contract will be booked in the third quarter of 2024, with production start-up set for 2028.
Baker Hughes will supply centrifugal BCL compressors and Integrated Compressor Line technology to Saipem for TotalEnergies' Kaminho FPSO project in Angola's Block 20/11. The contract is to be booked in Q3 2024 and production is set to start in 2028.
Northeast Group Bhd, a precision component manufacturer, plans to allocate 47.34% of its RM84.5 million IPO proceeds for construction of a new factory with 79,020 sq ft production floor space, and 14.65% for new machines to increase capacity.
CSD Water Service won a bid for the procurement of industrial wastewater treatment plant equipment valued at 75.4 million yuan. The tenderer is Jiangsu Xincheng Environmental Protection Industry Investment Development, and equipment will be delivered in batches.
ReadyOne Industries received two contracts from the U.S. Department of Defense totaling over $286 million: a $92.4 million contract for advanced combat pants (through Aug. 14, 2029) and a $193.7 million contract for chemical protective military apparel (through Sept. 20, 2026).
Spanish textile manufacturer Nextil will begin operations at a new plant in Fraijanes, Guatemala, with an initial investment of EUR 20 million (about USD 21.8 million). The 12,000-square-meter facility will produce apparel for the US market, with a first-phase production capacity of EUR 30 million (about USD 32.7 million).
ABB officially completed and opened its robot super factory in Shanghai, China, on 2 December 2024. The $150 million, 67,000-square-meter facility is ABB's largest robotics R&D, manufacturing and application base globally, featuring robots building robots.
Indo Count Global Inc., a US subsidiary of Indo Count Industries, acquired 100% of Modern Home Textiles Inc., a pillow and filled products manufacturer in Phoenix, Arizona, with an annual capacity of 8 million pillows. The acquisition was announced on 14 October 2024.
Honeywell has been awarded a $103 million contract by the U.S. Army, through the Defense Logistics Agency, to provide its Next-Generation APN-209 Radar Altimeter system for Army aircraft.
Integris Composites has been selected as the sole supplier of armor systems by Bell Textron Inc. for the V280 Valor, the U.S. Army's Future Long-Range Assault Aircraft platform.
Ericsson has received a new multi-billion dollar contract to supply 5G equipment to India's Bharti Airtel, according to sources.
Finland's Ab Rani Plast Oy acquired Lithuanian packaging film manufacturer UAB Umaras, based in Utena. Umaras has 215 employees and annual turnover of about €40 million.
TSMC has begun construction of its first European facility in Dresden, Germany, a €10 billion investment to manufacture AI chips for Nvidia and AMD, among others. Production is expected to start in 2027.
Form Energy announced the start of construction to expand its Form Factory 1 in Weirton, West Virginia, to scale up production of iron-air batteries. The expansion is expected to be completed by the end of 2025.
Unox plans to open a new production plant in Charlotte, North Carolina, adjacent to its current site, following the same concept as its Italy HQ with sustainability and IoT technology. The plant will add 0.8 MW of photovoltaic capacity.
Sagard MidCap acquired GV3-Venpa, an Italian aerial platform and earthmoving equipment rental company, alongside the Pege and Piovan families who retain a 30% stake. The deal represents an exit for QCapital.
HAV Group's business for energy design and smart control systems was contracted by Green Yard Kleven to develop and deliver the complete energy design, integrated automation system and bridge system for a Field Support Vessel for OMV Petrom. Contract value is below NOK 100 million.
Precinmac, a manufacturer of high-complexity precision components, announced a definitive agreement to be acquired by funds advised by Centerbridge Partners from an investor group including Pine Island Capital Partners, Bain Capital's Private Credit Group and Compass Partners Capital.
SES-Tech signed an order with Hengli Shipbuilding to supply six ship sets of shaft generator systems for 325,000 DWT very large ore carriers (VLOCs) for Winning International Group.
Chervon Auto (Quanfeng Auto) received two new energy vehicle parts orders: a power box for a Chinese NEV parts company (CNY 446 million, 2025 start) and an inverter housing for a European OEM (CNY 186 million, 2026 start), totaling CNY 632 million.
SCHUNK launched a new Technology Center in Querétaro, Mexico, with an investment of 119 million pesos, focusing on industrial automation, sensor technology, and robotics.
Hologic, Inc. has signed a definitive agreement to acquire Gynesonics, Inc., a privately held medical device company, for approximately $350 million. Gynesonics develops the Sonata System for minimally invasive treatment of uterine fibroids.
MRM Machinery s.r.o. has finalized a contract to supply a 5-axis portal machining center (model RT 3000 from MTE) to Pegas-Gonda, a Czech manufacturer of band saws, for approximately €900,000. The deal was signed at the MSV trade fair.
M+S Hydraulic plans a second plant in Kazanlak, Bulgaria, with a total investment of 45 million levs (about 22.5 million euros) over three years. It will raise hydraulic motor capacity by 30%, and a construction contract has been signed with Barrage Group.