Suzhou Neway Valve signed a project to build a high-end fluid control valve production and R&D platform in Suzhou High-tech Zone, targeting nuclear power, power and water treatment markets. The project is expected to generate annual output value of RMB 2.5 billion once in full production.

Baker Hughes announced plans to invest approximately €300 million in its existing Italian facilities over the next five years to expand manufacturing capacity, including turbine compressors, and to create new jobs.

Baker Hughes announced at Gastech in Milan a plan to invest about 300 million euros in existing Italian facilities over five years, adding jobs in production and engineering and expanding turbine and compressor capacity.

Baker Hughes plans to invest 300 million euros in its Italian manufacturing sites over five years, creating about 300 specialized jobs to expand turbine, compressor and pump production.

ACTOM plans to invest R400 million in new production capacity, aftermarket services and acquisitions, to be spent by 31 March 2026. The CEO announced the plan at the launch of a subsidiary's fan facility in Germiston.

Vitro plans to invest an additional $180 million to upgrade one of its furnaces at its Meadville, Pennsylvania plant and adapt other facilities to support First Solar's growing manufacturing capacity.

Hongde (301163.SZ) board approved using over-raised funds for a 165 million yuan project in Tongzhou, Jiangsu, to build small and medium high-end components. The project is expected to add 15,000 tonnes per year of key parts for wind power and pumps and valves.

Baker Hughes announced an investment in San Francisco-based GreenFire Energy, leading its Series A financing, and will take a board seat while the companies collaborate on retrofitting wells for geothermal power.

LDC supported a secondary buyout of ELE Advanced Technologies, a Lancashire maker of aerospace and gas turbine components, in October 2019 to fund organic growth and capacity investment. The company later moved to a larger facility in Nelson, Lancashire, adding 40% production capacity.

Taganrog Boiler Plant Krasny Kotelshchik, part of Silovye Mashiny, plans to invest 550 million rubles in modernizing production in 2018, almost four times the previous year.

The Tuscany regional government and Italy's Ministry of Economic Development signed a EUR 65 million addendum funding Baker Hughes' Galileo R&D program, including a new axial compressor platform for NovaLT gas turbines and digital solutions, carried out through Nuovo Pignone in Tuscany. The signing took place on January 29, 2018 in Florence.

Kaeser Compressors India has commissioned a 120kWp captive rooftop solar PV plant at its Pune, Maharashtra manufacturing facility, built with Enerparc India, to cut grid energy use.

A consortium led by Lontra has received a £1.5 million Energy Catalyst grant from Innovate UK to apply its Blade Compressor as turbo compounding to improve fuel efficiency of 1MW power generation engines. The project takes the technology through concept to hardware and testing.