Mondi completed a €95 million investment at its Świecie containerboard mill in Poland, rebuilding paper machines PM2 and PM5 and adding 55,000 tonnes per annum of kraftliner capacity, with the project finished in June 2024.
Danfoss, represented in Russia by OOO Danfoss, will build a new 3,600 sqm production building in Leshkovo, Istra district, Moscow region, investing €5 million and creating 100 new jobs, increasing the site's workforce to 290.
Honeywell has been awarded a $103 million contract by the U.S. Army, through the Defense Logistics Agency, to supply its Next-Generation APN-209 Radar Altimeter system for a wide variety of Army aircraft.
Trützschler Nonwovens and Texnology S.r.l. have received an order from O.R.V. Manufacturing S.p.A. to deliver a complete needle-punching and thermobonding line for polyester media, which will become one of Europe's biggest multi-purpose nonwoven lines at O.R.V.'s site in Italy.
Liberty Service Partners, a national home services provider, has acquired Storm Guardian Generators, LP, a Texas-based electrical and generator services company with locations in Alvin and Austin. The deal expands Liberty's geographic presence in Texas.
Indian medical device manufacturer Poly Medicure Ltd. plans to invest over ₹500 crore (approx. $60 million) to expand manufacturing capacity, set up three new plants in India, and pursue strategic acquisitions targeting cardiology, critical care, and renal care markets.
Farfly signed a contract on 12 October 2024 to build a 40,000 square meter production base in Xiayuan Industrial Park, Rugao, Nantong, Jiangsu. Construction starts February 2025, completion expected December 2025, with annual capacity of 5,000 units of sand mills and planetary mixing equipment.
Mitsubishi Heavy Industries Dongfang Gas Turbine (Guangzhou) Co., Ltd. has signed an agreement to relocate its entire operations to Dagang Town, Nansha District, investing approximately 620 million yuan in a new 96-mu base to produce F-class gas turbine hot parts and new models like J-type and H100, serving as a service and repair base.
STOCKMEIER Holding SE acquired a majority stake in Intercoat Specialties SL, a Spanish company active in coatings, printing ink, and construction industries. The acquisition strengthens STOCKMEIER's specialty chemicals portfolio and European presence.
Kardemir (Karabul Iron Steel Industry Trade & Co. INC.) won a €10.3 million ($11.2 million) contract to export rails to Algeria. Delivery is to be completed within three months of the agreement date.
Toyota Material Handling is constructing a new 260,000-square-foot manufacturing facility in Columbus, Indiana, for electric forklift production. The $96 million project, called 'Project Golden Eagle', is adjacent to its current facility and received city approvals for right-of-way and tax abatements.
Hanrui Puzer Bulk Handling Technology won a tender to supply the blending and additive system for Lihuayi Group's 50,000 tons/year ASA specialty resin plant. The system is about to enter shipment and commissioning after nearly five months of work.
Jiangsu Haiyang Nylon New Materials Co., Ltd. launched an 80,000-ton high-performance tire cord fabric expansion project in Taizhou, Jiangsu, China. The project involves an investment of 1.125 billion yuan and will add four new production lines.
Shouhang Hi-Tech won the bid for the EPC project of a steel structure intercooler tower for the 2×1000MW unit expansion of Ningxia Power Liupanshan Power Plant in Guyuan, Ningxia, China. The project is planned from June 2024 to August 2026.
The Arntz Optibelt Group inaugurated the first phase of a new production facility in San Juan del Río, Querétaro, Mexico, with an investment of 500 million pesos (approx. EUR 23 million) and creation of more than 90 jobs. The company plans to invest a total of 1.5 billion pesos (approx. EUR 69 million) by 2027, creating over 600 jobs.
Rorze Corporation will invest an additional $330 million in its Vietnam subsidiary Rorze Robotech to double production capacity and build a new plant in Hai Phong. First-phase construction is planned for spring 2026 with completion in 2027.
OZ Lifting Products broke ground on a new 40,000 square-foot facility on Innovation Drive in Winona, Minnesota, which will be four times the size of its current building and bring additional job opportunities.
Weidmann Electrical Technology broke ground on an approximately $44 million expansion at its St. Johnsbury, Vermont facility, including a new warehouse and production space to increase manufacturing capacity.
Ciner Glass has signed machinery equipment contracts for a new greenfield container glass plant in Lommel, Belgium. The €600M plant will have two furnaces with a total capacity of 1,300 tonnes per day, creating over 500 jobs.
Newterra is delivering a wastewater reuse system for a major expansion of a Canadian potato processing plant. The $450M expansion will double production capacity, and the system is expected to be completed by mid-2025.
Trützschler Nonwovens and Texnology S.r.l. received an order from O.R.V. Manufacturing S.p.A. to deliver a new production line for needlepunched and thermobonded polyester media in Italy, serving the filter media market. The project started on October 1, 2024.
Aikoku Alpha will build a new factory for industrial hand cranes in Inazawa, Japan, with an investment of about ¥4 billion. The plant is expected to be completed in February 2026 and operational in June 2026, increasing large hand crane production fivefold to 60 units per year.
DB Hi-tech will invest 250 billion won to expand clean rooms at its Sangwoo plant (Fab 2) in Eumseong, South Korea, adding capacity for 35,000 8-inch wafers per month, increasing total capacity to 190,000 units. Construction is expected to complete by end of 2025, with mass production starting in 2026.
Eaton inaugurated a 120,000 sq ft expansion of its electrical manufacturing facility in Puducherry, India, doubling production capacity for Power Distribution products like circuit breakers and fuses, creating over 300 jobs in three years.
Rorze Corporation is investing $330 million in its Vietnamese subsidiary Rorze Robotech Co., Ltd., including a new plant in Haiphong expected to begin construction in spring 2026 and be completed within 12 months, doubling production capacity.
German steel producer Dillinger and its subsidiary ROGESA signed contracts with Primetals Technologies to supply a DRI plant (with Midrex Technologies) and an EAF Ultimate plant for a green steel complex in Dillingen, Germany, with annual capacity of 2 million tons.
The Development Bank of the Central African States (BDEAC) is financing the expansion of EGIN SA's cement plant in Douala, Cameroon, increasing capacity from 200,000-500,000 tpa. The project is valued at XAF 19 billion (US$31.7 million).
Medtronic and Siemens Healthineers have entered into a global partnership for comarketing the Siemens Multitom Rax imaging system and integrating it into the Medtronic AiBLE ecosystem for spine surgery, with collaboration across technology development, marketing, and commercial activities.
Ahluwalia Contracts (India) has secured a construction order from DLF City Centre worth Rs 1,094.67 crore for civil and composite steel structural works at a commercial complex in Gurugram, to be completed within 21 months.
Hillsborough County, Florida, intends to award a special procurement to Aqua-Aerobic Systems for the rental and purchase of disk filter systems to expand filtration capacity at the Falkenburg Advanced Wastewater Treatment Facility by 3.0 million gallons per day, at a total cost of $1,259,384.
NRW Holdings has won a $109 million contract with BHP for civil, building, mechanical, and electrical works at the Jimblebar Iron Ore Mine in Western Australia. Work will begin in November 2024 and is scheduled for completion in Q2 2026.
The Middleby Corporation has acquired Emery Thompson, a global brand in frozen dessert equipment based in Brooksville, Florida, with annual revenues of $10 million.
Nidec Machine Tool's subsidiary Nidec Machine Tool (Zhejiang) Co., Ltd. has completed and started production at a new factory in Pinghu, Zhejiang, China. The plant will produce gear cutting machines, horizontal machining centers, and gear cutting tools, targeting 400 units in the first year and 800 units by 2030.
Brembo has signed an agreement to acquire 100% of Öhlins Racing, a manufacturer of premium suspension technology for motorcycles and cars, from Tenneco. The deal is expected to close in early 2025.
Sudarshan Chemical Industries Limited has entered into a definitive agreement to acquire Germany-based Heubach Group in a combination of asset and share deal. The acquisition will create a global pigment company with operations across 19 sites.
Edwards Lifesciences is building a new production plant in Moncada, Valencia, with an investment of EUR 150 million. The facility will create 1,200 jobs and is expected to start production in 2027.
Fujian Longxi Bearing (Group) Co., Ltd. announced the first candidate for its large CNC vertical lathe procurement and installation project: Xiamen Haihe Intelligent Equipment Co., Ltd. with a bid of CNY 4,685,000. The project was opened on October 9, 2024.
Syncrolift AS received a notice of contract award from the Norwegian Defense Estate Agency for delivery of a shiplift system to the Haakonsvern naval base in Bergen, Norway. The combined contract value is NOK 205 million.
Gryaab AB awarded a framework agreement for pumps and related products and services to nine suppliers on 11 October 2024, with a total value of SEK 7,000,000 and a term to 31 October 2028. Xylem Water Solutions Sweden is listed first among the winners.
Nekkar subsidiary Syncrolift received a notice of contract award from the Norwegian Defense Estate Agency to deliver a newbuild shiplift and subsequent service and maintenance for the Haakonsvern naval base in Bergen, with a combined value of NOK 205 million.
VA TECH WABAG has secured large repeat orders from Reliance Industries Limited for water treatment systems at its Dahej and Nagothane facilities. The order value is in the range of INR 300 to 500 crores.
Aerial lift distributors GB Hoogwerkers and EG Equipment are merging and moving to shared premises.
SEMIFIVE and MegaChips signed a Memorandum of Understanding to collaborate on comprehensive semiconductor design, seeking potential customers in Japan and offering onsite technical support.
Xinjiang Dayu Smart Agriculture Technology Co., Ltd. signed an agreement to invest 280 million yuan in a polyethylene packaging bag production line at its existing facility in Ganquanbao Economic Development Zone, Urumqi. The project is expected to be completed by March 2027.
Globeius, a plastics distributor and manufacturer based in Miami, Florida, acquired Plastixs, a plastics products company. Plastixs will operate as a DBA of Globeius.
Decathlon Pulse, the investment arm of Decathlon, and unspun formed a partnership including an investment and multi-year offtake agreement through 2030 to deploy unspun's 3D weaving technology, Vega, across Europe for low-waste apparel manufacturing.
VA Tech Wabag bagged a mega order worth Rs 1000 crore from Indosol Solar Private Limited for the Engineering Procurement scope of a 100 MLD desalination plant, to be executed over 38 months followed by a 15-year O&M contract, for Indosol's 10 GW solar PV manufacturing unit in Andhra Pradesh.
Reju, a textile-to-textile regeneration company owned by Technip Energies, opened its first operating unit, Regeneration Hub Zero, in Frankfurt, Germany. Deliveries are expected to begin in 2025.
ARAO signed a contract with Riko d.o.o. and Spanish subcontractor Taim Weser for the construction and supply of a gantry lift and lifting equipment for the low- and medium-level radioactive waste disposal site in Vrbina, Slovenia. The contract is worth just under €7 million, with delivery and installation planned for 2027.
Rio Tinto agreed to acquire Arcadium Lithium in an all-cash transaction at US$5.85 per share, adding lithium production capacity of 75,000 tonnes LCE annually with plans to double by 2028.