Çağdaş Cam has started a new factory investment in Manisa Organized Industrial Zone, worth 200 million TL, to be completed by the end of 2025. The facility will increase production capacity and support employment.
Able Medical Devices will construct a new 30,000 sq. ft. manufacturing facility in Marquette, Michigan, creating 40 jobs and generating nearly $13 million in capital investment. The project received a $500,000 Michigan Business Development Program grant.
Scania will deliver a fleet of 11 autonomous rigid G560 8x4 tippers to Element 25's Butcherbird manganese mine in 2025 as part of a deal between Scania, Element 25 and mining services.
Mitsubishi Electric's Italian subsidiary received an order from Siemens Mobility for 1,350 propane-based HVAC units for Munich's next-generation S-Bahn trains. Deliveries are scheduled between 2026 and 2032.
SSAB awarded AFRY the main engineering partner contract for its fossil-free steel mini-mill project in Luleå, Sweden, including basic and detail engineering for the melting and hot rolling complex. Services will be provided during 2024-2026, with startup planned for end of 2028.
Kalmar concluded a deal to supply Australian steel producer BlueScope with 13 forklift trucks for its Western Port steel processing facility, including an eight-year Kalmar Complete Care service agreement. The order was booked in Q3 2024, with delivery scheduled for Q3 2025.
FADU, a semiconductor solutions company, signed a contract worth approximately 3.1 billion KRW (about $2.36 million) to supply enterprise SSD controllers to an undisclosed Korean semiconductor manufacturer, with delivery from October 4 to December 30, 2024.
VINCI Energies has acquired the shares of RH Marine and Bakker Sliedrecht, two technical service providers in the maritime and energy sectors, with combined annual revenue of approximately €160 million and 620 employees.
Adani Group is in talks to acquire the Indian cement operations of Germany's Heidelberg Materials in a deal potentially worth about $1.2 billion.
Aalberts N.V. reached an agreement to acquire 100% of Steel Goode Products LLC, a provider of thermal spray coating and finishing services with facilities in Texas and Ohio, generating approximately USD 15 million in annual revenue.
Sanquin Blood Supply Foundation and Terumo Blood and Cell Technologies announced a 10-year agreement to automate Sanquin's blood processing facilities in the Netherlands using Terumo BCT's Reveos Automated Blood Processing System.
Trevo Drywall announced a R$150 million investment to expand production capacity at its plant in Juazeiro do Norte, Brazil, aiming to reach 20 million m²/year in 2025 and 30 million m²/year in 2026.
Wieland acquired Onda S.p.A., an Italian manufacturer of advanced heat exchangers, to strengthen its air conditioning and refrigeration business and become a full-scope supplier for data center cooling.
Wienerberger acquired a majority stake in Slatek OY, a Finnish provider of smart automation solutions for water utilities, and fully acquired Tekken AS, a Norwegian supplier of pumping stations and prefabricated PE products. The acquisitions add roughly €10 million in revenue.
MISUMI Group resolved to enter a capital and business alliance with Punch Industry and subscribe to a third-party allotment of new shares to acquire shares of Punch Group.
NPP POLIPLASTIK is preparing to install a specialized line for thermoplastic elastomer compounds at its Engels site, with investment over 300 million RUB and capacity of 1000 kg/h, equipment delivery planned for 2025.
Sanquin Blood Supply Foundation and Terumo BCT announced a 10-year agreement to automate Sanquin's blood processing facilities in the Netherlands using Terumo BCT's Reveos Automated Blood Processing System.
Element 25, Scania and Regroup plan to launch a world-first fleet of 11 autonomous Scania G 560 8x4 tippers at the Butcherbird Manganese Mine in Western Australia, targeting commencement in 2025.
Atlantic Packaging Products opened a new manufacturing plant in Hamilton, Ontario, to increase capacity for packaging customers and create local jobs. The company is hiring for the site.
TechnipFMC has been awarded an integrated EPCI contract by bp for the greenfield Kaskida development in the Gulf of Mexico, covering 20K subsea trees, manifolds, umbilicals, risers and flowlines.
Enjay Converters, a portfolio company of Champlain Financial, has acquired Toronto-based protective packaging manufacturer Corner Edge Products; financial terms were not disclosed.
BOFILLEX, a contract beverage can filler in Sokolov, Czech Republic, is producing since February 2024 on a KHS line with up to 26,000 and 20,000 cans per hour; BIG SHOCK! is its first customer and investor.
EPSEA Industrial has completed the topping-out of its 50,000+ square metre Factory II, which will make gas storage tanks, separator tanks, reaction kettles and pressure vessels, with full operation expected by end-2024.
Merz has agreed with Oakley Capital to merge Merz Lifecare and WindStar Medical under a common holding, with Merz holding a majority stake, pending regulatory approval.
OneFortyOne announced a $30 million investment in a renewable biomass power generation project at its Jubilee Sawmill in Mt Gambier, South Australia. The project includes a new boiler and steam turbine, producing 43,800 MWh of renewable electricity annually, expected to be completed by 2026.
Freudenberg Medical announced plans to invest more than $50 million in a new 130,000 sq. ft. production facility in Alsdorf, Aachen region, Germany, for drug and hydrophilic coatings. The facility will triple manufacturing footprint and create over 150 jobs by 2026.
Welspun Michigan Engineers Limited (WMEL), a subsidiary of Welspun Enterprises Limited, announced a strategic partnership with UK-based SmartOps to bring modular, scalable water treatment technology to India. The arrangement includes establishing a subsidiary or joint venture under WMEL, with WMEL holding a 50% stake.
VA SYD awarded AVVATech Vatten & Miljöteknik AB a contract for the modernization and rebuild of flotation at Sjölunda, valued at 16,590,602 SEK. The contract was awarded on October 4, 2024, and runs from December 2025 to September 2028.
TTM Technologies held a beam-signing ceremony for its $130 million expansion project in DeWitt, New York. The new facility will produce ultra high-density interconnect printed circuit boards for U.S. military applications and is expected to create 400 new jobs.
CG Power and Industrial Solutions signed an asset purchase agreement to acquire the Radio Frequency components business of Renesas Electronics America Inc for $36 million. The acquisition includes IP, tangible assets, and employees, and is expected to close in about 6 months.
KCC Glass Corp. announced an additional 700 billion won ($524.8 million) investment in its Batang, Indonesia float glass plant. The plant, with annual capacity of 440,000 tons, is scheduled to start commercial operations at the end of October 2024.
WearOptimo completed the $7 million initial phase of its Advanced Manufacturing Facility (AMF) in West End, Brisbane, Australia. The facility uses Nanoimprint Lithography for health-tech and will produce up to 30 million Microwearable sensors annually at full capacity.
Taihan Cable & Solution has been selected as the cable supplier for a 320kV VSC-HVDC and 500kV HVAC power project in the United States, awarded by LS Power Grid California. The contract is valued at approximately KRW 90 billion ($66.6 million).
MOBIS, a Hyundai supplier, broke ground on a $52 million expansion project in Montgomery, Alabama. The 460,000-square-foot building will produce parts for Hyundai and KIA, creating 27 new jobs.
AISIN World Corp. of America has acquired the business assets of strategic partner Leon Import, S.A., an aftermarket import and sales company in the Colon Free Trade Zone, Panama. The acquisition follows a joint venture established in 2019.
CMZ has acquired a 22,000 m2 plot in the Aboro district of Berriz, Vizcaya, to build a new assembly plant for lathe production. The investment aims to increase capacity to 1,000 machines per year.
Apollo Global Management is in talks to acquire Barnes Group, a manufacturer of aerospace components, for over $45 per share, valuing the company at about $2 billion. Barnes has a market value of approximately $2 billion.
Lu-Ve Group acquired the remaining 25% of Refrion Srl, an Italian producer of air-cooled condensers, dry coolers and coils. Lu-Ve had acquired a 75% majority interest in 2022 for €8.1 million.
Cementation Americas will deploy a Caterpillar R2900 XE diesel-electric loader at New Gold's Rainy River project in Ontario, Canada. The loader has a 335 kW engine and 18.5-tonne capacity.
EVOLOR has inaugurated a new decorative plaster factory on the Oltchim Râmnicu Vâlcea industrial platform in Romania, following an investment of €3 million. The facility is expected to produce about 10,000 tons of decorative plasters in its first full year.
A consortium of GS Inima and Aquapor has won a public tender for the design, construction and operation of the Algarve desalination plant in Portugal, with an investment of €107.9 million. The plant is expected to be completed by the end of 2026.
Envision Energy India Pvt Ltd plans to bring its EN 182/5MW onshore wind turbine platform to India by the first quarter of 2026, with an investment of around Rs.500 crore and localization increasing to 75%.
Taihan Cable & Solution Co. has won a 840 billion-won ($630.2 million) order from SP PowerAssets Ltd. to supply and install 400-kV cables for a power grid installation project in Singapore.
Liebherr and Fortescue announced a partnership to develop and supply 475 zero-emission mining machines, including autonomous battery-electric trucks, for Fortescue's Western Australia operations. The deal is valued at up to US$2.8 billion.
Condra Cranes is manufacturing three new cranes and refurbishing 14 existing cranes for Special Steels as part of its move to larger premises in Roodekop, South Africa. The refurbishment includes extending spans and increasing lifting heights.
Buzzi SpA completed the acquisition of the remaining 50% stake in Cimento Nacional (NCPAR) from Grupo Ricardo Brennand for approximately EUR 300 million, gaining full ownership of five integrated cement plants and two grinding centers with 7.2Mta capacity.
Avinor AS awarded a framework agreement for HVAC services at Oslo Inspection Centre Røyken to Ingeniørfirmaet L S Solland AS, GK Norge AS, Assemblin AS, and AF Energi AS, valued at kr 232 million.
BNC Power Projects Ltd. emerged as the lowest bidder for Package TR-03 of the Nagpur Metro Phase 2 project, valued at Rs 3.81 billion, covering installation of 33kV cable network and substations.
KEC International Ltd. emerged as the lowest bidder for Package TR-02 of the Nagpur Metro Phase 2 project, valued at Rs 2.07 billion, covering design and installation of 25kV overhead equipment.
UK rental group Vp has acquired 90 percent of the equity in Irish rental company CPH (Charleville Hire and Platform).