Astor Group has completed the acquisition of Mikroponent, a laser cutting and etching company in Värnamo, Sweden, for an initial purchase price of 30 MSEK with potential additional 10 MSEK.

IMS Gear plans to invest €6 million in a new plant in Osijek, Croatia, according to the mayor.

SECURE Energy Services Inc. entered into a definitive agreement to sell facilities formerly owned by Tervita Corporation to Waste Connections Inc. for $1.075 billion in cash plus adjustments, totaling estimated proceeds of $1.150 billion. The sale is subject to regulatory approvals with closing targeted in Q1 2024.

Valtra is expanding its powertrain plant in Suolahti by 6,000 m², with completion expected in 2024. The expansion will create 200 new jobs.

Lucideon Limited has awarded a contract for the design, manufacture, and supply of a state-of-the-art large-scale mixing pilot unit for up to 1000 litres for Geopolymer pilot production. The contract value is £422,000.

HMS Networks AB has entered into a binding agreement to acquire Red Lion Controls, a US-based provider of industrial automation solutions, from Spectris Group Holdings for $345 million in cash. The acquisition will significantly expand HMS' presence in North America.

Hollysys Automation Technologies has agreed to be acquired by Ascendent Capital Partners in an all-cash transaction valued at approximately US$1.66 billion, or US$26.50 per share. The deal was unanimously approved by Hollysys' board.

Hungarian gas storage operator Magyar Földgáztároló awarded a contract to Ganzair, VABEKO and ENSOLX ENERGIJA for compressor supply and installation at Zsana II, valued at HUF 4.2 billion, awarded on 11 December 2023.

Jaykay Enterprises Limited signed a memorandum of understanding with Philips Machine Tools India Private Limited on December 9, 2023, to form a joint venture LLP for supplying and installing manufacturing systems and accessories, and potentially establishing a manufacturing facility in India.

Fans and motors maker EBM-Papst is investing EUR 1 million to expand its facilities in Singapore and India, including added production capacity in Chennai. The move is part of its China-decoupling strategy.

Matsuura Machinery plans to expand its Takefu Plant in Echizen City, Fukui Prefecture, Japan, and integrate its machining center assembly operations into the plant by January 2024.

German high-tech company VACOM announced it will build a manufacturing facility at the Lewistown Airport in Montana, with an initial investment of $35 million and 200 jobs, later increasing to $50 million and 500 jobs.

Chelyabinsk Plant of Construction Machinery (ChSDM) launched production of heavy loaders at a former Kolushchenko plant in Chelyabinsk, with an investment of over 1.5 billion rubles. The plant aims to increase output and create over 800 jobs.

Wöhrle GmbH & Co. KG has fully acquired Oskar Rüegg Holding AG and its subsidiaries in Switzerland, Bulgaria and Mexico. The acquisition was completed on November 30, 2023.

Körber has agreed to acquire a minority stake in Franz Ziel GmbH, a provider of pharmaceutical equipment and aseptic process equipment specializing in isolator technology.

Chinese company LGMG (Lingong Machinery Group) inaugurated a new production plant in Marín, Nuevo León, Mexico, with an investment of $140 million. The facility will manufacture electric scissor lifts and articulated booms, and is expected to generate up to 7,000 new jobs.

Woodings Industrial has acquired Superior Machine Co. Financial terms were not disclosed.

Piller Blowers & Compressors is investing a low double-digit million euro sum in a new workshop, warehouse and office building at its Moringen site in Germany, with construction starting in Q2 2024.

Venture First and TYP64 acquired Australian-based Scottsdale Construction Systems, a manufacturer of light gauge steel wall frame and roof truss technology. The acquisition aims to expand production and enter US and EU markets.

Bell Equipment announced it will start manufacturing its Bell Motor Grader in Richards Bay, South Africa from next year, as part of its growth and investment strategy.

AMMEGA has invested $100 million to enhance U.S. production, warehousing, and innovation, including a new conveyor manufacturing center in Buford, Georgia, and an expanded modular conveying products facility in Reading, Pennsylvania.

Shanghai Zhenhua Heavy Industries (ZPMC) announced it will form a joint venture with Shanghai Yichui Machinery Technology Co., Ltd., with a total registered capital of 50 million yuan. ZPMC will contribute 40 million yuan for an 80% stake, and Yichui Technology will contribute 10 million yuan for a 20% stake.

Pall Corporation and Tanajib opened an expanded Pall Arabia facility in Dhahran, Saudi Arabia, adding filter coalescer manufacturing for the oil and gas and petrochemical industries in a 5,500 m2 facility.

TSC Manufacturing and Supply, a subsidiary of Huashang Energy, received a $13.212 million order from Petróleos Mexicanos (Pemex) for the first oil rig modernization contract under a previously won $163.8 million framework agreement. The order was received on December 5, 2023.

JCB announced plans to build a new 720,000 sq. ft. factory on a 400-acre site in San Antonio, Texas, creating 1,500 jobs over five years. Construction will begin in early 2024.

WALDRICH COBURG signed new purchase contracts with Qinchuan Machine Tool & Tools for a TAURUS 25 and WayGrind machine at the CIIE in Shanghai.

WALDRICH COBURG signed a cooperation agreement with SUMEC and Sinomach at the China International Import Expo in Shanghai, strengthening its position in China.

Platte River Equity invested in the merger of TIPCO Technologies and HydraTech Industrial Solutions to form a national independent distributor of fluid conveyance and sealing solutions, operating under the TIPCO name. The combined company has 30 locations across 13 states.

ANDRITZ received an order from Rondo Ganahl AG to replace the dewatering and dispersing equipment at its Frastanz paper mill, raising capacity to 230 bdt/d. Start-up is scheduled for end of 2024.

Fives inaugurated a new 7,000 sqm workshop at its Fives Cryo Suzhou subsidiary in Taicang, Jiangsu, funded by a EUR 7 million investment. It will make hydrogen-proven cryogenic equipment, combustion products and control systems.

Genesis Private Equity Fund III sold its majority stake in Sanborn, a supplier of precision components for energy, oil and gas, and transport, to Oriens. Sanborn expects 2023 revenues over CZK 650 million.

Andra Tech Group has acquired 100% of the shares of Lemmens Metaalbewerking, based in Bergeijk, the Netherlands, effective December 1, 2023. Lemmens has a turnover of over €10 million and employs around 40 people.

PTG, a Norwegian temperature technology firm, secured orders to supply 20 refrigerated sea water systems for seven new pelagic fishing vessels, including three for Scottish ports, with deliveries over two years.

MULTIVAC Group announced a new 35,000 square metre production factory in Wolfertschwenden, Germany, for manufacturing parts and handling spare parts logistics, with a total investment of around EUR60 million and completion due by end of 2025.

AGCO is remodeling its Intivity Center in Jackson, Minnesota, into the Fendt Lodge, a 16,000-square-foot customer center serving as the North American hub for the Fendt brand. Work is underway with completion expected by early 2024.

Pronect AB announced the acquisition of Plamako i Anderstorp AB, a supplier of injection molding machines and robots, and Plamex Automation AB, an automation solutions provider, to strengthen its position in the Nordic manufacturing industry.

Transcargo International (TCI) has signed a contract to build cement silos for Sinai White Portland Cement in Egypt.

Glatt Ingenieurtechnik GmbH was awarded a contract for detail engineering and plant construction of the BioCampus MultiPilot demonstration facility in the port of Straubing-Sand, Germany. The €90 million project is supported by the Free State of Bavaria with €80 million in funding.

OOO 'MK Professional' will build a new plant in Ivanovo, Russia, to produce crawler and wheeled excavators, graders, and bulldozers, with investments of 4.3 billion rubles, capacity of 2,200 units per year, and completion by 2025.

The Annovi Reverberi Group acquired a majority stake in Ghirri Motoriduttori S.r.l., a Formigine-based company specializing in gearbox design and production. The acquisition expands Annovi Reverberi's product range in the industrial market.

Fincantieri has set terms to acquire 100% of Remazel Engineering S.p.A. from Advanced Technology Industrial Group S.A. for an enterprise value of EUR 78 million. The transaction is expected to close by Q1 2024.

Italian crane manufacturer Jekko increased production by 20% in 2023 to over 600 units, expanded its plant to 30,000 sq. m, and is building a 25-meter-long high cube warehouse expected to come on stream in 2024.

Victor Taichung Machinery Works opened a new $120 million smart factory and headquarters in Taiwan, with a floor area of 64,000 sq. m, including automated manufacturing lines and solar power capacity of 2 MW.

Navico Group, a division of Brunswick Corporation, is expanding its operations in Lowell, Michigan, creating 80 jobs as part of a $40.7 million investment across three projects.

Brueckner Group Asia-Pacific officially inaugurated a new 16,300 sqm manufacturing and office facility in the WHA Eastern Seaboard Industrial Estate, Rayong, Thailand, specializing in stretching ovens for battery separator film lines and clip/chain reprocessing.

Pronar opened its third wheel factory in Narew, Poland, with two fully automated production lines. The investment can double production to 2 million wheels per year.

P&THE Manufacturing Michigan, LLC, a subsidiary of P&THE Holding, is expanding its operations in Spring Lake Township, Michigan, with a capital investment of $2.6 million, creating 107 jobs.

Portuguese rail operator Comboios de Portugal (CP) selected an Alstom-led consortium for a contract valued at over €800 million to supply 117 locomotives (62 urban and 55 regional) for the Lisbon Metropolitan Area. The consortium includes Alstom Transporte SAU, Alstom Ferroviaria Portugal SA, and Domingos da Silva Teixeira SA.

Bonfiglioli Transmissions Pvt Ltd inaugurated a 42,500 sq. meters high-tech smart assembly facility in Pune, India. The facility commenced operations on November 29, 2023, and is almost 80% solar powered.

Ashtead Technology Holdings Plc acquired Alfred Cheyne Engineering Limited (trading as ACE Winches) from founders Alfie and Valerie Cheyne for £53.5 million on November 30, 2023. ACE Winches will form part of the Group's Mechanical Solutions offering.