Amsel Medical Corporation has been awarded a $7.45 million sole-source SBIR Phase III contract by the U.S. Air Force to commercialize its SCureTO hemorrhage control device for combat casualty care.
French cement manufacturer Vicat and Belgium's Koramic have agreed to merge their tile and masonry product activities, integrating Vicat's VPI subsidiary and Koramic's Cermix brand. The combined entity will have seven industrial sites in France and sales of close to EUR 200 million.
Reflex Group is investing €2 million in Grafotronic label finishing machines, including DCL series and a DCL Haptic embellishing line, to be installed at multiple Reflex facilities globally. Installation begins in autumn 2024.
Two factories for medical products and prosthetic components have been built in Seversky District, Krasnodar Krai, with launch planned in 2025. The projects by companies 'Aprel' and 'ORTO-Market' represent over 2 billion RUB in total investment, creating about 170 jobs.
SteriBio Korea, a Korean subsidiary of Chinese SteriBio, signed an investment agreement to build a factory in Namwon Industrial Complex. The company will invest 12 billion KRW to construct a plant on 15,510 m² for mass production of medical sterilizers and in vitro diagnostic kits by the first half of 2025.
RWE has contracted Steelwind Nordenham to manufacture up to 300 monopile foundations for offshore wind projects across Europe. Steelwind will reserve capacity for 320,000 metric tons of steel at its Nordenham site from 2027.
ProMach, a packaging machinery leader, acquired HMC Products, a manufacturer of horizontal form fill seal machines. The deal strengthens ProMach's flexible packaging portfolio.
Axess Technologies has secured a cable installation contract with HSM Offshore Energy for the Thor offshore wind farm off the Danish west coast. The work includes pulling, terminating and testing internal platform cables and is expected to commence in Q1 2025.
Hansung Cleantech has received a Letter of Intent from SK Hynix for preferential negotiations to supply and install a wastewater treatment system at the SK Hynix Cheongju site. The contract is valued at KRW 51.2 billion.
Alzchem Group AG plans to significantly increase its production capacity for nitroguanidine in Trostberg, Germany, with a total investment of approximately EUR 152 million. The new production capacities are expected to be commissioned in the second half of 2026.
Raytheon has won a $192 million contract from the U.S. Navy to develop the Next Generation Jammer Mid-Band Expansion (NGJ-MBX) upgrade. Work will take place across multiple U.S. locations through 2027.
Red River Biosolids Partners General Partnership, a consortium led by Aecon Group Inc., has executed a contract with the City of Winnipeg for the Winnipeg North End Sewage Treatment Plant Biosolids Facilities Upgrade project. The development phase contract is valued at $95 million, with substantial completion expected in 2030.
SPINNER Machine Tools completed the second construction phase at its plant near Plovdiv, Bulgaria, adding approximately 8,000 m² of assembly space for final assembly of machine tools and storage space for spare parts.
EPS Group has acquired Flowmech, a Leicester-based manufacturer and distributor of water, wastewater and pumping products including booster sets and pressurisation units. The purchase price was not disclosed.
Atlas Copco Group has acquired Arlógica Máquinas e Equipamentos, a compressor distributor and service provider in Vila do Conde, Portugal, with 9 employees. The purchase price was not disclosed.
Atlas Copco Group has acquired Easy Filtration SRL, a Milan-based distributor of process filters with 9 employees, joining its Medical Gas Solutions division. The purchase price was not disclosed.
Atlas Copco Group has acquired Kinder-Janes Engineers Ltd, an industrial pump distributor headquartered in St. Albans, UK, which has 20 employees and 2023 revenues of about GBP 12.5 million. The purchase price was not disclosed.
LESER is investing 41.3 million euros in a 15,000 m² production hall at its Hohenwestedt facility to increase safety valve production capacity. Above-ground construction started in October 2024, with completion slated for early 2026.
NOS A/S, a subsidiary of Grene WIS A/S, has acquired SKS Kraner A/S, a Danish supplier of cranes and lifting equipment. The acquisition took effect on October 1, 2024.
GQL began construction on December 1, 2023, completed it in October 2024, invested KRW 47 billion, and created 45 new jobs. The company also relocated its headquarters to Wonju.
JNC Fiber ceased operations at its Moryama, Japan facility in October 2024 and sold one of its two Chinese operations to Beijing Dayuan in November 2024, reducing its Asian nonwovens output.
Sunswell Machinery has signed a contract with Rauan LLP to supply three production lines for glass and PET bottle filling of water, soft drinks and juice, for the Kazakh market.
IsoEnergy agreed to acquire all outstanding shares of Anfield Energy, making Anfield a wholly-owned subsidiary. Former Anfield shareholders will own approximately 16.2% of the combined company.
AXXERON Technologies GmbH acquired all shares in MOOG Luxembourg S.à r.l. from MOOG Holding GmbH and MOOG Inc. MOOG Luxembourg specializes in electrohydraulic motion control products for industrial machinery and employs around 70 people in Luxembourg.
Trützschler Nonwovens and Texnology S.r.l. have received an order from O.R.V. Manufacturing S.p.A. to deliver a new production line for needle-punched and thermobonded polyester media, which will become one of Europe's biggest multi-purpose lines. The project started with a celebration on October 1, 2024.
Nippon Steel Corporation entered into an Equity Purchase Agreement to transfer all shares of its wholly owned subsidiary NS Kote, Inc. to ArcelorMittal S.A., substantially concurrent with the closing of Nippon Steel's pending acquisition of United States Steel Corporation.
Vivant Hydrocore Holdings Inc. agreed to sell its 60% interest in Watermatic Philippines Corporation to Watermatic International Inc. for PHP 31.88 million. The transaction was signed on October 11, 2024.
Pratt & Whitney opened a new 845,000-square-foot military engines manufacturing facility in Oklahoma City, representing an investment of $255 million. The facility will produce F135, F117, TF33, F100 and F119 engines and create 100 new full-time jobs.
Forvia Hella started selling brake products under the Hella brand on October 1, 2024, following the full acquisition of the Hella Pagid joint venture at the end of 2023.
Pyran, Inc. closed a $3 million investment from Kowa as part of its Series B round, raising over $5 million total, to build a world-scale commercial plant for bio-based 1,5-pentanediol (PDO) expected to begin operating in 2027.
Borgeson Universal Company acquired the assets of JJ's Rods E-Z Firewall Boots, a manufacturer of steering column and firewall boots. The inventory and tooling have been relocated to Borgeson's facility in Travelers Rest, South Carolina.
Hydro has unveiled a new 12-inch indirect extrusion press and a 50,000 tonne expansion of the recycling facility in Cressona, Pennsylvania. The combined investment is NOK 1 billion. The recycling capacity increased to over 270,000 tonnes per year.
Arcosa closed its $1.2 billion acquisition of Stavola Holding Corp., an aggregates-led construction materials company with quarries and asphalt plants in New Jersey and Pennsylvania. The transaction was announced in August 2024.
Haier Smart Home has completed its acquisition of Carrier Commercial Refrigeration from Carrier Global Corporation for an enterprise value of approximately $775 million. The deal was signed on December 12, 2023 and closed on October 1, 2024.
Dall Energy has completed the acquisition of Weiss France Énergie and its branch Biomasse Services et Maintenance from Groupe Roullier for an undisclosed amount. The deal aims to strengthen Dall Energy's position in the French biomass technology market.
IMCD N.V. has acquired Andes Chemical Corp., a distributor of specialty chemicals in Latin America. The deal includes Andes Chemical's Miami headquarters and offices in Dominican Republic, Costa Rica and Peru.
FRAI Elektromaschinenbau GmbH has been merged into WFL Millturn Technologies GmbH & Co. KG to strengthen the turnkey approach and integrate automation solutions for machine tools.
PHI MRO Services has been selected as an approved supplier for Leonardo under a multi-year agreement to provide specialized maintenance, repair and overhaul services, including component shop capabilities.
Grupo Industrial Saltillo (GIS) has reached a definitive agreement to sell its Vitromex Ceramic Tiles Business to Mohawk Industries for $293 million. The transaction is expected to close in the second half of 2022.
Schneider Electric has invested $100 million in its Mt. Juliet, Tennessee facility, a 500,000-square-foot expansion that more than doubles its previous production capacity for medium-voltage solutions in North America.
Güntner is hiring around 120 workers for its new plant in Pocket Park Apodaca, Nuevo León, Mexico, which is expected to start operations at the end of October 2024. The company manufactures evaporators and condensers for cold rooms.
Saint-Gobain has acquired Mexico-based construction chemical supplier Ovniver Group for $815 million in cash. Ovniver has 16 manufacturing plants and around 1,000 employees, and is expected to generate annual revenue of $285 million.
Manitou Group has started construction of a new 20,000 m² welding plant in Candé, France, with a €60 million investment. The plant will internalize fabrication of aerial work platforms and is expected to start production in early summer 2026.
The U.S. Navy awarded Canadian Commercial Corp a $110.7 million contract to procure OK-410 Handling and Stowage Group systems and spare parts for DDG-51 class ships, with production in Peterborough, Ontario through September 2029.
Foxconn will invest up to Rs 424 crore in a semiconductor joint venture with HCL Group, acquiring a 40% stake for Rs 312 crore.
Carrier Corporation, a UTC subsidiary, sold its Heat Transfer Products Group (HTPG) commercial refrigeration business to Monomoy Capital Partners and Starboard Capital Partners. Terms were not disclosed.
Pigments Spain S.L., part of Altadia Group owned by The Carlyle Group, acquired a majority controlling stake in Nahar Colours and Coating Private Limited, a manufacturer of ceramic frits and glazes in India.
XCMG Machinery launched XCMG Financial Australia Pty Ltd in Melbourne, Australia, to support financing and risk management in Oceania.
MacGregor has secured an order to supply cargo access equipment for 12 Pure Car and Truck Carriers (PCTCs) built at China Merchants Heavy Industry for CIDO Shipping, with an option for eight additional vessels.
Bioventus has signed a definitive agreement to sell its Advanced Rehabilitation business (Bioness) to Accelmed Partners for total cash consideration of $45 million, including $25 million at close and up to $20 million in earn-outs.