ABB has won an order worth around $150 million to supply Azipod electric propulsion and related power technologies for five newbuild cruise ships for Fincantieri. The vessels, with 178 MW total propulsion power, will enter service between 2023 and 2026.

Mitutoyo's new Kochi plant in Konan, Kochi Prefecture, started operations in November 2022, with a floor area about 3.6 times larger than the old plant, aiming to become the world's top micrometer head production facility.

Channellock Inc. completed a 34,000 square-foot expansion of its Meadville plant, adding production capacity, distribution space and new machinery to address growing demand.

Primetals Technologies selected Rockwell Automation to supply a drive solution for a dust extraction system at a large steel producer in Russia, including ten Allen-Bradley PowerFlex 6000 medium-voltage drives and ten WEG motors with a total power of 16 MW.

Amplio Automatika Kft. carried out a capacity expansion investment at its Székesfehérvár unit, costing HUF 929.35 million with EU subsidy support, securing 37 jobs.

Reiloy USA, part of the Reifenhäuser Group, plans to invest over $20 million in a new manufacturing plant in Maize, Kansas, creating 39 jobs over five years. The new building will be on a 13-acre site near its current headquarters.

Fincantieri and SICI SGR will acquire INSO, a company specializing in construction projects and technology supply for healthcare, industry, and tertiary sectors.

Forum Plastics purchased and installed 10 new molding machines in 2020, including Arburg models, to expand capacity and capabilities at its Watertown, Connecticut facility.

Heddle Shipyards entered into a long-term agreement with Seaspan to fabricate Ontario-made ship components (ladders, gratings, handrails) for the National Shipbuilding Strategy. The project will generate tens of millions of dollars in economic activity and employ at least 50 workers.

Midea Group will spend 3 billion yuan ($452.7 million) to build a manufacturing base for electro-mechanical products in Foshan, Guangdong province, aiming to become a national example of Industry 4.0 intelligent manufacturing.

Aurubis AG and TSR Recycling GmbH & Co. KG signed a joint venture agreement to combine their cable recycling activities under the name Cablo GmbH. TSR will hold 60% and manage operations, while Aurubis holds 40%. The venture will recover copper granules and plastics from cable waste.

EnWave Corporation signed a commercial royalty-bearing license with GentleDry Technologies for the use of EnWave's REV dehydration technology in cannabis processing in the US. GentleDry also purchased a 10kW REV machine from AvoLov.

MACOGA has been awarded a contract to design, manufacture, test and ship high-tech expansion joints for a new world-scale propane dehydrogenation plant in Europe. The client is a world leader in polyolefins, base chemicals and fertilizers.

Max Lehner & Co. AG has invested in new turning/milling centers, expansion of existing machining centers, and further networking and digitalization of processes over the last 24 months to modernize its manufacturing capabilities for gas turbine components.

Makino and Additive Industries have signed a Letter of Intent for a joint project to develop integrated process chains for industrialized additive manufacturing. The companies aim to combine Makino's machining expertise with Additive Industries' 3D metal printing technology.

Tatweer Petroleum of Bahrain awarded US-based Stream-Flo Industries a five-year call-off long-term purchase agreement to supply wellhead systems for Bahrain Field projects. The contract is valued at BHD 7,859,936 (about USD 20.9 million).

FirstElement Fuel Inc. ordered a vertical non-lube API-618 hydrogen compressor package from Burckhardt Compression for its upcoming hydrogen transfill facility in Northern California. The unit will be manufactured in Pune, India.

Wykes Engineering Ltd purchased an XYZ XL 780 CNC lathe from XYZ Machine Tools to expand machining capacity for producing shafts used in anaerobic digestion systems at its Rushden, Northamptonshire facility.

XCMG received orders totaling $80.8 million at the 3rd China International Import Expo, signing contracts with Daimler, Linde, Volvo Trucks and Michelin for chassis, hydraulic parts and tires.

Topstar Technology (300607.SZ) plans to invest approximately CNY 130 million to acquire a 51% stake in Dongguan Evermill CNC Equipment Technology Co., Ltd, a manufacturer of five-axis CNC machine tools.

XCMG, a Chinese construction machinery manufacturer, signed purchasing orders totaling USD 80.8 million with Daimler, Linde, Volvo Trucks and Michelin at the 3rd China International Import Expo in Shanghai on November 4, 2020.

Euro Mechanical, based in Abu Dhabi, acquired SAMCO to expand its capabilities into the upstream oil and gas market, enabling it to better support ADNOC. The acquisition was announced in November 2020.

MODEC has commissioned MAN Energy Solutions to supply five radial compressors and two screw compressor trains for the FPSO vessel serving Equinor's Bacalhau field off Brazil. The FPSO will process up to 220,000 barrels of crude oil and 15 million cubic meters of gas per day.

XCMG Group signed an agreement with Foshan city government to build a tower crane and construction hoist manufacturing base in Nanhai District, Foshan. The total investment is 2 billion yuan, with construction starting by end of 2020 and trial production in 2021.

Hexagon AB announced the acquisition of MECADAT AG, a German company specializing in tool and mold making software, to strengthen its production software portfolio.

NEEB, based in Wuppertal, ordered three new Manitowoc cranes from Wilhelmshaven: a GMK3060, GMK4100, and GMK6300L. The order was announced in November 2020.

HELUKABEL completed a new cable production facility in Changzhou, China, described as the single-largest investment in the company's history. The facility is operational as of the article date.

HELUKABEL Schweiz is relocating its warehouse to Bremgarten, Switzerland in April 2025, adding more space, capacity, and in-house cable assembly. The move will occur from April 7 to 11, 2025, with first deliveries from the new location starting April 14, 2025.

United Paper Public Company Limited in Thailand designated Yunda Paper Machinery as supplier for the transformation and upgrade of its PM1 pulping and approaching system. Yunda will provide turnkey design, equipment transformation and automation. The project aims to save energy, reduce water consumption and enhance quality.

Jervis B. Webb Co., a subsidiary of Daifuku Co. Ltd., is planning to construct a 210,000-sq-ft material-handling systems manufacturing plant in Boyne City, Michigan. The plant will consolidate operations and produce components for airport luggage handling systems and automated guided vehicles. It is expected to be operational by mid-2022.

Huadong Heavy Machinery (华东重机) plans to invest 10 billion yuan to build a high-end intelligent port equipment production base in Tongzhou Bay, Jiangsu province. The project will have an annual capacity of 200 intelligent rail-mounted gantry cranes and 24 intelligent lightweight ship-to-shore cranes.

FROMM Group, a packaging solutions company, acquired Finnish stretch wrapping machine manufacturer Octomeca OY. Octomeca is based in Naantali, Finland, and specializes in premium class stretch film wrapping machines.

Investment firm Zinc Capital acquired 100% of Teclena, a Leiria-based distributor of hydraulic, pneumatic, electrical and electronic components and industrial equipment. The deal was advised by Bakertilly.

GROB Group signed a major order for machine tools worth over €20 million with automatic transmission manufacturer Shaanxi Fast at the CIIE signing ceremony. The new machining centers will help Shaanxi Fast increase annual output from 40,000 to 200,000 units.

Qinchuan Group Baoji Machine Tool, Hanzhong Wanli Aviation Equipment Manufacturing, and Spanish GMTK signed a cooperation agreement for horizontal turning-milling composite machining centers.

Xinghuo Machine Tool Group signed a strategic cooperation agreement with Siemens at the third China International Import Expo to deepen collaboration in machine tool manufacturing.

Hanzhong Wanli Aviation Equipment Manufacturing Co., Ltd. signed a contract to purchase a FOX-60 gantry machining center from Spanish manufacturer Nicolas Correa at the China International Import Expo for EUR 1.45 million.

Fassi Group has opened a new 17,000 square-metre production plant for Carmo in Nembro, Italy, with a €20 million investment, half allocated to new automated machinery.

I A Bell & Company has signed a binding agreement to purchase John Deere Construction & Forestry Company's 31.37% shareholding in Bell Equipment, subject to conditions precedent.

Oldham-based Ribble Packaging completed a £3.5 million investment project including a warehouse extension and new corrugator and fanfold stacker machinery, raising line speeds and capacity. The project ran from February to early September 2020.

Freund Corporation, Tokyo, Japan, acquired Cos.Mec S.r.l., an Italian company founded in 1991, on November 5, 2020. The acquisition enhances Freund-Vector's product offering with material handling equipment and strengthens its European base.

Starrag has been selected to supply a Droop+Rein G 110TT HR100 C vertical gantry machine for the Attack Class submarine construction in Osborne, South Australia. The machine will be the largest machine tool ever put into service in Australia.

Sharp Iron Group, based in Wichita Falls, Texas, has acquired 12:eleven Production Equipment, a specialist in oilfield production and gas processing equipment. Josh Tracey will continue as President of 12:eleven.

Alstom has been awarded a contract by Casa Transports to provide 66 Citadis trams X05 for Casablanca's tramway lines 3 and 4, with an option for 22 additional trams. The contract is worth €130 million.

Swiss-based Aebi Schmidt Group has completed the acquisition of Arctic Machine Oy, a Finnish manufacturer of road maintenance vehicles and equipment. The deal was signed in February 2020 and closed in two stages, with the second stage closing on November 5, 2020.

David Brown Santasalo Finland will build a new factory in Jyväskylä's Eteläportti area, with a total investment of EUR 15 million for the building and over EUR 7 million for equipment. The plant will create about 25 new jobs and produce industrial gear transmission parts.

Nagel Group has taken over Gehring Group, combining their honing technology expertise. The acquisition expands both companies' offerings in emissions reduction, alternative drives, laser processes, digitalization, and e-mobility production systems.

Schwing Stetter India's new manufacturing plant in Cheyyar near Chennai, built on 52 acres with an investment of Rs 3 billion, will start production in January 2021. The facility will manufacture concrete mixers, boom pumps, trailer pumps, and hydraulic excavators.

Delta Electronics (Netherlands) B.V. acquired 100% of Trihedral Engineering Limited, a SCADA and IIoT software company based in Canada.

Bosch Rexroth began expansion of its plant in Xi'an, China, with an investment of around €60 million, doubling development and production capacities and adding 300 new jobs.