XCMG announced an $80 million investment to build a second plant in Ciénega de Flores, Nuevo León, Mexico. The 40,000-square-meter facility will produce articulated machines, manipulators, and telescopic equipment, creating 300 jobs in the first year with plans to increase to 500.

Rostselmash invested 2 billion rubles to build a new plant in Taganrog, Russia, for producing small agricultural and municipal equipment. The facility, built on the site of a former bankrupt plant, has five production sites and is expected to produce up to 5,000 units per year at full capacity.

Filtration Québec is investing CAD 6.5 million to expand its plant in Bedford, Quebec, tripling the facility's size to 39,000 square feet. The project will consolidate all production under one roof and is expected to be completed by autumn 2024.

B&D Industrial acquired American Gear & Engineering, Inc., a gear manufacturer in Westland, Michigan, along with Tech Tool Company, Inc. The acquisition was announced on February 13, 2024.

4CAD Group, a French PLM and ERP solutions leader, has acquired Astrée Software, a provider of MES software. Astrée Software will remain a separate legal entity under the presidency of Stéphane Letheule.

East Energy, through its subsidiaries, agreed to purchase two GEL-5000 and one GEL-1800 all-electric loaders from Greenland Technologies' HEVI brand. Delivery is scheduled for later in 2024.

Rototilt is investing 35 million SEK to expand its factory in Vindeln, Sweden, adding 1,080 m² across two floors and building a state-of-the-art robotic welding facility. Construction started in autumn 2023 and is expected to be completed in May 2024.

UK rental company Explore Plant and Transport Solutions has placed a £6 million order for more than 100 JCB machines, including midi and X Series excavators, Loadall telescopic handlers and site dumpers.

Energy services firm Expro has agreed to acquire drilling technology company Coretrax for $210 million. The deal is expected to close in Q2 2024.

Roctool announced a reserved capital increase of €2 million in favor of ENRX Group, which becomes a shareholder. The partnership aims to create an international player for energy transition in high-tech industries.

PTB Machinefabriek is expanding its machine park with a new Akira Seiki CNC machining center, capable of machining workpieces up to 1,630 x 850 x 815 mm on five surfaces in one setup. Delivery is expected in March 2024.

Loop Energy Inc. and H2 Portable Power Corp Inc. have entered into an amalgamation agreement dated February 9, 2024, for a three-cornered amalgamation. The transaction includes a concurrent $15 million private placement to fund commercialization.

Brazilian trailer builder Librelato has completed a complete renovation of its industrial plant in Criciúma, Brazil, with an investment of $15 million BRL (over $3 million USD). The factory builds bulk carriers and container ships, covers 20,000 square metres, employs over 500 people, and has an average production capacity of 30 units per day.

Rheinmetall is building a new ammunition factory, 'Werk Niedersachsen', at its Unterlüß site in Lower Saxony, Germany, with a €300 million investment. The plant will produce 200,000 artillery shells per year, 1,900 tonnes of RDX explosive, and rocket artillery components, creating 500 new jobs.

Chinese automotive supplier Xin Peng Jingshuo Auto Parts Co Ltd has started production on a new Schuler servo press line with a combined press force of 7,700 tonnes, producing outer skin parts for passenger cars.

Atlas Copco has acquired Arlógica, a compressor distributor and service provider based in Vila do Conde, Portugal, with 9 employees; the purchase price was not disclosed.

Star Precision will invest about ¥10 billion to renovate its Kikugawa factory (Kikugawa South Plant) and about ¥5 billion to build a new assembly plant (Makinohara Plant) for Swiss-type CNC automatic lathes, targeting monthly production of 100 units.

Einböck has completed a €35 million expansion of its Dobl plant in Dorf an der Pram, Austria, doubling production capacity. The new facility, including a paint line, high-bay warehouse, and assembly, is now in full operation.

Harper Plant is joining forces with Lister Wilder, combining two established companies within the Kubota dealer network. The merger expands Lister Wilder's coverage across Central Southern England.

Star Micronics has approved a renovation of its Kikugawa plant and construction of a new factory in Kikugawa, Shizuoka, Japan, for its machine tool business. The total investment is about ¥10 billion, with construction starting July 2024 and operations beginning November 2025, aiming to establish a production capacity of 100 units per month.

WeiChai Holding Group, a Chinese manufacturer of engines and agricultural machinery, officially initiated the installation of its first Latin American unit in Itumbiara, Goiás, Brazil. The facility will initially be an assembly and distribution center for engines, with plans for full local manufacturing later.

Doppelmayr will invest 200 million euros over five years to expand its Hohe Brücke site in Wolfurt, Austria, with new production halls of 45,000 square meters and a high-bay warehouse. The expansion is due to strong international demand, especially from North America.

Taiyuan Heavy Industry's Yuci Hydraulic unit plans a new hydraulic component R&D workshop in Yuci District, Jinzhong, Shanxi, with capacity of 35,000 pump and valve units per year. Investment is 52 million yuan, with construction planned for 2024 to 2025.

Wärtsilä Gas Solutions will deliver the liquid ammonia fuel supply system for two gas carriers being built by Hyundai Mipo Dockyards in Korea for EXMAR LPG, with delivery to the yard scheduled for 2025.

MTL Advanced announced a £10 million investment to build a new 67,000 sq. ft. Advanced Manufacturing Centre in Rotherham, UK. The facility is set to open in November 2024 and will create 100 new jobs.

Steel River, a catalyst for industrial services, acquired WHECO, a global provider of crane and heavy-equipment repair, restoration, and inspection. The acquisition expands Steel River's capabilities and facilities.

DMG MORI announced it will establish its European headquarters and technology center in Munich, occupying a 10,000 square meter facility near the Olympic Park. The facility will house up to 300 workstations and is set to commence operations from 2026.

Linamar Corporation has completed its purchase of Bourgault Industries Ltd for $640 million, acquiring 100% of Bourgault and its subsidiaries Highline Manufacturing and Free Form Plastics. The deal, announced on December 20, 2023, has received all regulatory approvals.

UVA LIDKÖPING, with parent company Dacke Industri, acquired 100% of the shares of CNC North, a US provider of mechanical rebuild solutions for grinding equipment, on February 5, 2024.

Bender CCP, along with other contractors, was awarded a combined $943,999,625 firm-fixed-price, multiple award contract by the Naval Sea Systems Command for repair, maintenance and modernization of non-nuclear Navy surface ships homeported in or visiting the Everett, Washington region. Work will be performed at Bender CCP's Kent, WA facility and is expected to be completed by January 2029.

Mikron Group acquired DM2, an Italian manufacturer of rotary transfer CNC machines, to strengthen its position in specific applications like fittings and valves.

The Australian Department of Defence awarded a contract to Prime Tooling Pty. Ltd. for machine works. The contract value is $10,846.

Taiyuan Heavy Industry's Yuci Hydraulic Industry subsidiary re-tendered design services for a quality-upgrade capacity project, building a new hydraulic component R&D plant of about 13,000 square metres to produce 35,000 pump and valve units a year.

ABB has begun construction of a new 12,000-square-foot calibration hall in Bartlesville, Oklahoma, to strengthen its flowmeter calibration capabilities. The facility is expected to begin operations in early 2025.

Four Italian boating companies—Mase Generators, GenSet, HP Watermakers and Besenzoni—announced the formation of the Together We Boat brand, a partnership to enhance customer support and offer a wider range of products and services.

Canada Economic Development for Quebec Regions provided a repayable contribution of $5 million to Soucy International Inc. to manufacture and acquire production equipment to improve productivity and enhance production capacity for track systems and components.

Matrix Composites & Engineering, in collaboration with SICA, Baker Hughes and the Western Australian Government, announced that the Matrix Deepwater Hyperbaric Common User Facility is now officially open for business.

Matrix Composites & Engineering was awarded a A$35 million contract for the supply and manufacture of subsea components for an international energy project.

Matrix Composites & Engineering signed a distribution agreement with Tredwell, a Malaysian energy solutions provider, at ADIPEC 2025 to strengthen its presence in Southeast Asia.

AIS has completed the acquisition of Matrix Composites & Engineering, a leading Australian provider of advanced composite materials and subsea engineering solutions.

Nidec Corporation announced that Takisawa Machine Tool Co., Ltd. has become a wholly owned subsidiary of Nidec following a share consolidation effective February 2, 2024.

OKB Micron signed an agreement to invest 13.5 billion rubles in creating a heavy engineering center in the Yemelyanovsky district of Krasnoyarsk Territory. The project aims to complete construction of a heavy machinery enterprise by 2031.

Wolffkran entered into a joint venture with Zamil Group to open a WOLFF crane production facility in Saudi Arabia and build a rental fleet of 300 cranes. The facility will be the first tower crane manufacturing plant in the Middle East.

Babcock Wanson Group acquired VKK Group, a German industrial boiler manufacturer, from Getec Group. VKK Group includes multiple companies and has production sites in Köthen, Duisbourg, and Lichtentanne.

Liebherr Group signed a strategic partnership with Yongchuan District to establish a gear processing and automation assembly base in Yongchuan Comprehensive Bonded Zone, Chongqing, serving as the headquarters for Liebherr's machine tool operations in China.

Liebherr Gear Technology signed an agreement with Yongchuan District to build a gear hobbing machine and automation system assembly base in Yongchun Comprehensive Bonded Zone, serving as Liebherr's machine tool China headquarters.

TECHCO Group acquired the assets of insolvent HITZINGER Power Solutions GmbH, securing 120 jobs at the Linz production site. The acquisition expands TECHCO's portfolio in metal processing, electrical engineering, and automation.

Starlim und Sterner is constructing a new production plant in Nantong, China, with a capacity of around 50 machines and a usable area of 18,000 m². The plant will include production, tempering, packaging, shipping, warehouse, and office areas.

PiovanGroup acquired an additional 1% equity stake in Nu-Vu Conair Private Ltd, bringing its collective holding to 51% and consolidating its position in India's plastics and polymer processing market.

Ingersoll Rand has completed the all-cash acquisition of Friulair S.r.l., an Italian maker of compressed air dryers and chillers with manufacturing in Italy and Thailand, for approximately $146 million. Friulair has roughly $65 million in revenue and about 215 employees.