LG Energy Solution announced on October 8, 2024 a contract to supply 50.5 GWh of EV batteries to a subsidiary of Mercedes-Benz, starting in 2028 over 10 years. The batteries are likely 46-series cylindrical cells to be produced at LG's new Arizona plant.

S7 Group's subsidiary Berdsk Electromechanical Plant (BEMZ) in Novosibirsk, Russia, has commenced production of composite fan blades for Western-built aero engines, including the CFM56. The facility is undergoing expansion with two stages of a 2 billion rouble investment program already completed.

Colorcon and Lotte Fine Chemical announced an exclusive multi-year partnership where Colorcon will be the exclusive representative for Lotte's AnyCoat hypromellose polymers for pharmaceutical and dietary supplement formulations.

Lintott Control Systems, a Galliford Try subsidiary, was awarded Lots 1 and 2 on Anglian Water's Operational Technology Services and Resources Framework, worth £18 million over eight years.

The Timken Company completed its acquisition of CGI, Inc., a Nevada-based manufacturer of precision drive systems for automation markets including medical robotics.

Lotte Fine Chemical plans to invest 79 billion KRW in the second half of next year to expand its food and pharmaceutical production line by 6,000 tons.

Lotte Fine Chemical signed a long-term distribution contract worth 1 trillion KRW with Colorcon for medical cellulose, granting exclusive sales rights in the global pharmaceutical market for 10 years.

Sysmex America announced a $20.6 million investment to expand its northeastern Illinois facilities that develop medical diagnostic equipment.

IBU-tec advanced materials AG signed two contracts for development and production of LFP cathode material (IBUvolt LFP402) for a global automotive group. Total order volume is in the mid-single-digit million euro range.

Epiroc has won a large order for underground mining equipment, including battery-electric vehicles, from Eurasian Resources Group (ERG) for expansion of the 10th Anniversary chromium mine in Kazakhstan. The order is valued at about SEK 350 million.

Lizhong Group's subsidiaries received two aluminum alloy wheel supply contracts from two customers, with total expected sales of about 5.53 billion yuan over the project lifecycles. Customer 1 project starts early 2025 (10-year term, 5.24 billion yuan), Customer 2 project starts May 2025 (5-year term, 0.29 billion yuan).

Logiq, Inc. announces a definitive agreement to acquire EVIMATE, a medical device innovator, for $5 million in a share exchange. EVIMATE will become a wholly owned subsidiary of Logiq.

Astorg enters exclusive negotiations to acquire a majority stake in Lebronze alloys, a specialty copper alloys manufacturer, in partnership with the controlling family and management. The deal is part of Astorg VIII portfolio.

KION Group entered into a strategic partnership with Eurofork S.p.A., a manufacturer of pallet shuttle systems. Under the agreement, Eurofork's E4CUBE solution will be distributed through KION's sales networks in the EMEA region.

JTEKT India Limited (JIN) decided to construct a new plant in Gujarat, India, its eighth in the country. The factory will produce C-EPS, MSG, CVJ, and HUB components, with an investment of 2,500 million INR (approx. 3.5 billion yen). Production is planned to start in 2027, with 600 employees.

Palladyne AI Corp. completed Phase I of a multi-million-dollar contract with the Air Logistics Complex at Warner Robins Air Force Base in Georgia. Phase II will continue integration of Palladyne IQ software for media blasting of complex aircraft components. The four-year effort is valued at $13.8 million.

Sparkz Inc. announced a $280 million agreement to supply battery technology and materials to electric motorcycle company Ryvid Inc. over five years from its Sacramento factory.

Shenzhen Sine Electric Co., Ltd. announced plans to acquire 100% of Tenghe Precision Motor (Suzhou) Co., Ltd. for 42.56 million yuan, and invest an additional 12 million yuan to upgrade its production. The acquisition is part of a change in the company's fundraising project.

Tiama and TME Engineering formed a partnership through which Tiama will distribute TME Engineering's technology, rebranded as the Tiama HOT blank, designed to measure and regulate temperature of blank molds and plungers.

AGC Glass Europe and photovoltaic glass recycler ROSI entered into a partnership to recycle and reuse high volumes of photovoltaic glass in the production of flat glass.

Momentive Technologies completed the acquisition of Sibelco's spherical alumina and spherical silica businesses located in the Republic of Korea.

Heidelberg Materials started a feasibility study for a decarbonisation project at its Rezzato Mazzano cement plant in Italy, which could become the first plant in Italy to produce carbon captured net-zero cement and concrete.

The British government acquired a U.S.-owned semiconductor manufacturing plant in northern England to secure military supply lines. The facility, now called Octric Semiconductors U.K., produces gallium arsenide chips.

KCC Glass officially commenced operations at its newly built glass manufacturing plant in Indonesia, built with a $300 million investment and an annual production capacity of 438,000 tons.

Entegris Korea commenced construction on October 7, 2024, planning to invest KRW 8.5 billion and hire 55 new employees.

Covestro has signed an investment agreement with certain entities of the UAE's state-owned oil company, ADNOC Group.

ATP adhesive systems AG acquired NESCHEN Coating GmbH, a manufacturer of solvent-free adhesive products, from Blue Cap AG. The acquisition aims to increase production capacity and strengthen ATP's position in sustainable adhesive technologies.

Doosan Enerbility signed two MOUs with Philippine power companies Meralco and Quezon Power during a business forum in Manila. The agreements cover cooperation on nuclear power, small modular reactors, gas turbines, and a 1,200 MW natural gas combined cycle power plant project in Quezon.

Northrop Grumman Systems Corp. was awarded a $10,768,532 firm-fixed-price contract by the U.S. Navy to procure a lifetime quantity of 4-inch silicon carbide transistor wafers for the APY-9 RADAR on the E-2D aircraft. Work will be performed in Durham, North Carolina and Baltimore, Maryland, with completion expected by February 2027.

Jet Parts Engineering (JPE), a portfolio company of Vance Street Capital, has acquired the PMA division of Mitchell Aircraft. The acquisition expands JPE's portfolio of FAA-approved replacement parts for commercial aircraft.

Aerospace Composites Solutions (ACS) is constructing a new 150,000-square-foot manufacturing facility in Morgantown, Kentucky, as part of a $16.8 million expansion and relocation. The facility is expected to be completed by the end of 2024.

SINGULUS Technologies and Yingkou Jinchen Machinery formed a joint venture to deliver production solutions for solar cell and module manufacturing in India, focusing on Heterojunction and TOPCon technologies.

Lemi National Cement plans to expand further to double its output following the opening of its $600 million greenfield plant.

Lemi National Cement formally opened a greenfield cement plant built with a $600 million joint venture investment by East African Holding and Western International Holdings. The facility can produce 10,000 tons of clinker per day.

Viking Supply Ships secured a contract for four 100-ton heave-compensated offshore cranes to be installed on its ice-classed AHTS vessels, with a total investment of approximately $50 million. Delivery of cranes is scheduled to begin in July 2026.

Hyundai Rotem won a contract worth approximately 828 billion KRW from Yeosu Gwangyang Port Authority to supply 44 automated guided vehicles (AGVs) and related infrastructure for the automated terminal at Gwangyang Port. Delivery is scheduled by 2029.

Hitachi Energy will invest $250 million over five years to expand its capacity, portfolio and talent base in India. The investment includes capacity expansion of its large power transformers factory and relocation of its bushings factory in Gujarat.

Sustainea and Primient announced a co-location partnership for Sustainea's first Bio-MEG plant in Lafayette, Indiana. The facility represents an investment of around $400 million and will produce renewable, plant-based monoethylene glycol using corn dextrose from Primient's adjacent facility.

Tummers Food Processing Solutions has announced a strategic partnership with Siemens Nederland N.V. to develop Tummers Connect, a digital platform for machine management in the potato processing industry.

Holcim has signed an agreement to acquire OX Engineered Products, a U.S. provider of advanced insulation systems, with 2024E net sales of USD 136 million.

Evonik and BASF have agreed on the first delivery of BASF's ammonia BMBcert grade, a biomass-balanced ammonia with a product carbon footprint at least 65% lower than conventional products.

Pursuit Aerospace has completed the acquisitions of Prescott Precision Die, an Arizona-based manufacturer of turbine engine components, and Merc Aerospace, a UK-based precision machining services provider.

RTI Surgical has entered into an agreement to acquire Collagen Solutions, a supplier of engineered medical-grade collagen and xenograft tissue, expanding its soft tissue portfolio.

Goonvean Electronics has acquired Jades Components Ltd, a supplier of specialist industrial electrical components, to enhance its capabilities in the industrial and manufacturing sectors.

EPV Energy's subsidiary Tornion Voima plans to invest in a new 43 MW gas-engine power plant in Röyttä, Tornio, Finland, at the Outokumpu factory site. Construction starts autumn 2024, operational in 2026.

Kineco Limited acquired an additional 49% equity stake in its subsidiary Kineco Kaman Composites India Private Limited from Kaman Aerospace Inc., making it a wholly-owned subsidiary.

Tanfac Industries Ltd completed a brownfield expansion at its existing unit, increasing hydrofluoric acid capacity from 14,850 MT to 29,700 MT with an investment of ₹100 crore.

Georgsmarienhuette Gruppe (GMH) has acquired 100% of shares in German steelmaker Kind & Co, strengthening its position in the tool steel industry.

Private-equity investor Dubag has acquired Ampack GmbH and Osgood Industries, LLC, the liquid food filling business of Syntegon Group. The companies will operate under the Ceratech Group umbrella.

DR Laser and its subsidiaries signed a procurement contract with a leading photovoltaic company and its affiliates for laser equipment and modifications, totaling 1.229 billion yuan (excluding tax), representing 76.36% of DR Laser's 2023 audited main business revenue.