U.S. Medical Glove Company (USMGC) signed an $80 million joint venture contract with Medeco Protective Safety Equipment Manufacturing to deliver 12 medical glove-making machines to Saudi Arabia, starting Q1 2025.

Kontinent ETS, part of the Uzola Group, opened a factory in Nizhny Novgorod to produce programmable logic controllers (PLCs) for industrial automation, with investments exceeding 400 million rubles.

Piranha, a metal fabrication equipment manufacturer, merged with Arclight Dynamics, a CNC plasma table innovator, to expand product lines and customer access.

KCA Deutag announced contract extensions for four rigs in Saudi Arabia valued at $352 million and three rigs in Oman worth $50 million, as part of over $900 million in new backlog.

The Italian government has authorized the acquisition of Comau S.p.A. by OEP Heron BidCo S.r.l., controlled by One Equity Partners, from Stellantis N.V., with conditions to protect strategic assets and R&D.

Komline, a portfolio company of SRM Equity Partners and Satori Capital, has acquired Aerator Solutions, a provider of aerators and mixers for wastewater treatment.

Tummers Food Processing Solutions and Siemens Nederland have formed a strategic partnership to develop Tummers Connect, a digital platform for potato processing machine management.

Ascent Circuits, a subsidiary of Amber Group, will invest Rs 650 crore to set up a PCB manufacturing facility in Hosur, Tamil Nadu, creating over 1,000 jobs and an annual capacity of 840,000 square meters.

Jin Medical International Ltd. has started construction of a new manufacturing facility in Chuzhou, Anhui, China, for wheelchairs and electric wheelchairs. The facility is targeted to operate in 2025.

GE Vernova completed Phase 1 Advanced Gas Path upgrades on four 9F.04 gas turbines and started Phase 2 upgrades on four more at the 4.5 GW Besmaya Power Plant in Baghdad, Iraq. An eight-year service agreement for Phase 3 was also announced.

Husqvarna Construction announced a distribution agreement with Pantelis Papadopoulos SA for its construction machinery, equipment, and diamond tools in Greece and Cyprus, expected to be completed in October 2024.

Valmet received an order to supply an integrated automation system for three roll-on/roll-off vessels built by CSSC Wuchang Shipbuilding Industry Group for Louis Dreyfus Armateurs, to transport Airbus aircraft subassemblies. The order was included in Valmet's orders received in Q2 2024.

Hyundai Wia announced on October 10, 2024, that it has selected the Lilson Private Equity and SMAC consortium as the preferred negotiation partner to sell its machine tool business division for approximately 340 billion KRW.

Technology company Insta and Enifer agreed on an automation contract for the world's first commercial-scale facility producing fungal protein from industrial side streams, being built in Kirkkonummi, Finland. The plant has an estimated cost of €33 million. Insta will deliver an automation system using Siemens PCS neo technology.

Solid State, through its subsidiary Custom Power USA, secured two significant contracts worth $5.1 million from two prime US defence contractors to supply ruggedised battery packs for marine and aerospace applications. Deliveries will begin early 2025 and be fulfilled by end of 2025.

Mexican steel company Grupo DeAcero is investing $600 million to expand its plant in Ramos Arizpe, Coahuila, by building a new steel mill and a production line for structural profiles. The expansion will increase production capacity by 1.2 million metric tons per year.

US drug delivery company Aptar Pharma acquired the device technology assets of Israeli company SipNose Nasal Delivery Systems for approximately $12.5 million. SipNose, based in Yokneam, has developed a nasal drug delivery system for precise targeting of the nasal cavity.

Konecranes is delivering its largest-ever single Automated Horizontal Transport System order to Hamburger Hafen und Logistik AG (HHLA) for the Container Terminal Burchardkai in Hamburg. The 2022 order includes 116 Konecranes Gottwald Automated Guided Vehicles with Li-Ion batteries, 20 automated charging stations, and TEAMS equipment control software.

Tatarstan-based flexible packaging manufacturer Danaflex plans to invest up to 2.5 billion rubles (€24 million) to launch two plants in special economic zones in Kazakhstan and Uzbekistan, with a total capacity of up to 1,800 tonnes per month. A final decision on locations (Almaty or Tashkent) is expected by end of 2024.

XCMG Group signed a global cooperation framework agreement with Rio Tinto to supply core mining equipment, including 230-ton mining trucks and large graders, for the Simandou iron ore project in Guinea. The contract is valued at approximately $110 million.

Johnson & Johnson MedTech completed the acquisition of V-Wave, gaining the Ventura Interatrial Shunt System for heart failure patients with reduced ejection fraction.

Hydroflux was awarded a contract by Sydney Water to supply advanced LIQUID® drum screen technology for the upgrade of the Rouse Hill Water Resource Recovery Facility as part of the Northwest Treatment Hub Program.

Sherwin-Williams inaugurated an expansion of its Tournus, France plant with an investment of nearly €50 million to produce Valpur 70, a BPA-free varnish for beverage cans, serving the European market.

HIMOINSA, part of the Yanmar Group, launched the HGY Series generator sets powered by Yanmar engines, ranging from 1250kVA to 3500kVA, for mission-critical power supply applications.

Ledermash Stanki signed a tripartite agreement to build a plant for metalworking laser and CNC equipment in the Dubna SEZ, with investments of over 1.5 billion rubles. Construction is planned for summer 2025, with commissioning in Q2 2026, creating 85 jobs initially and up to 150 at full capacity.

SEMIFIVE has concluded a contract with HyperAccel to develop and mass-produce the generative AI chip Bertha using 4nm process technology, with mass production targeted for Q1 2026.

RuiNeng Technology (603933.SH) announced plans to invest 500 million yuan to build an industrial automation production base in Jiaxing Nanhu High-Tech Industrial Park, focusing on R&D and production of inverters and servo motors. Construction is expected to start soon, with completion and production in March 2026.

DEJONG, a Rheem subsidiary, has begun construction on a new manufacturing facility in Prešov, Slovakia, for hot water storage tanks. The facility will have an eventual capacity of one million tanks per year, with first products expected in 2026.

SLB's OneSubsea joint venture was awarded a contract by Petrobras to supply two subsea production manifolds, an electro-hydraulic distribution unit and related services for the Roncador field in the Campos Basin, offshore Brazil.

GE Vernova's Nuclear business selected Montreal-based Velan Inc. to provide engineering support and manufacture valves for the first BWRX-300 small modular reactor at OPG's Darlington site in Ontario.

General Pump Company, a Southern California pump and water well services provider, is merging with Water Well Solutions of Wisconsin and Illinois. The deal was led by Sylmar Group, and both companies will keep their brands and locations.

WTR Group has bought Pumpteknik AB, a Gothenburg-based supplier of pumps, blowers, vacuum units, compressors and LPS pump stations. All staff, including the owner and CEO Stefan Ström, will stay on.

Avantium N.V. and Plastipak signed a conditional offtake agreement for Plastipak to purchase PEF polymer from Avantium's FDCA Flagship Plant for food and beverage packaging in the United States.

Avantium N.V. signed a conditional offtake agreement under which Plastipak Packaging will buy bio-based PEF polymer from Avantium's FDCA Flagship Plant for beverage and food packaging in the United States.

PetroVietnam Coating Joint Stock Company ran an online tender to buy air compressors for a pipe wrapping line, with a value of 1.663 billion VND. The tender result lists a winning contractor, decided on 9 October 2024.

Yuhuan CNC Machine Tool Co., Ltd. announced the acquisition of a 33.33% equity stake in Hunan Southern Machine Tool Co., Ltd. for RMB 10 million, using its own funds. The move aims to expand Yuhuan CNC's numerical control machine tool business and enhance product diversity.

DEACERO announced a $600 million investment to expand its operations in Ramos Arizpe, Coahuila, with a new steel mill and structural profile production line. The expansion will increase capacity by 1.2 million tonnes per year and create 2,500 direct jobs.

Liebherr and Fortescue signed a deal at MINExpo 2024 for 475 zero emission mining machines, including 360 battery-electric T 264 trucks, 55 R 9400 E electric excavators, and 60 battery PR 776 dozers, with jointly developed zero emission technology.

HMS Networks entered into a binding agreement to acquire 100% of PEAK-System Technik, a German provider of industrial communication solutions, on 9 October 2024.

Alloy Enterprises expanded its headquarters and fabrication facility in Burlington, Massachusetts, doubling production area and adding Stack Forging equipment, more than doubling production capacity. A second shift of operators was added.

Novelis entered into a strategic 3-year agreement with TSR Recycling for approximately 75,000 tonnes of presorted end-of-life aluminum products to be processed at Novelis' recycling center in Nachterstedt for low-carbon automotive sheet production.

Newterra is contributing a wastewater reuse system as part of a $450 million expansion of a Canadian potato processing facility. The system will handle 1.58 million gallons per day and is scheduled for completion in mid-2025.

TransIberian Foods installed TOMRA Food's KATO 260 precision grading system with LUCAi AI technology and two CURO filling stations for its blueberry packing line.

Axxence Aromatic GmbH and Natural Advantage signed a definitive agreement to combine their businesses on 9 October 2024, creating a global leader in natural aroma ingredients. The group will generate approximately €60 million in combined revenues.

Manor Evergreen investment fund acquired a controlling interest in Unirom Electronics, a company specializing in UPS systems, power converters, DC systems, data centers, and electrical projects.

GE Vernova secured a contract from Kansai Electric Power Company to supply three 7HA.03 gas turbines for the modernization of the Nanko power station in Osaka, Japan. The plant is expected to deliver up to 1.8GW of electricity.

Liebherr-Transportation Systems was commissioned by Stadler Rheintal AG to supply 166 propane-based HVAC units for 17 Nordic Express trainsets. Delivery is planned to start in early 2025.

Sonmez Cement announced an expansion at its Adana Ceyhan plant in Turkey, adding a second production line that will increase clinker capacity to 5.63Mta and cement capacity to 6.89Mta. The new line will have a clinker capacity of 2.16Mta and a cement capacity of 4.73Mta.

Ur-Invest, a private equity club deal operator, has completed the acquisition of 100% of the share capital of Sitep S.r.l., a company specializing in automated solutions for bakery, pastry, and pizza laboratories. The acquisition was announced on October 9, 2024.

Caterpillar Inc. announced a new alliance with IMA Engineering to enhance the Cat Precision Mining initiative. The partnership was announced on October 9, 2024.