Konekranes to deliver electric RTG cranes to help Colombia decarbonize its container terminals

Deals
Konecranes to supply 8 RTG cranes for the new terminal in Colombia
The eight RTG cranes will be supplied to a new container terminal in Puerto Antioquia, Colombia, providing new export and import power to the Antioquian and Colombian economies. They are completely electric, with cable reels connected to the local grid. Read More>>
Vestas signs deal for 1,220 MW of wind turbines in Europe and the US
Key orders include a 960 MW deal for EnBW’s offshore wind farm in Germany. These contracts bolster Vestas’ position as a leading global wind turbine supplier. Vestas has also received orders for onshore wind projects. Read More>>
KSB Limited receives new orders worth INR 82.78 Cr (US$ 9.9 Mn)
Orders of US$ 9.9 Mn are secured by KSB Limited, including one from Nuclear Power Corporation of India Limited. The orders include 800 solar water pumping systems and vertical safety class pumps. Read More>>

Merger and Acquisition
Crown Holdings completes Helvetia Packaging acquisition
Crown Holdings, Inc. buys Helvetia Packaging AG, a beverage can and end production factory in Germany. The acquisition comprises an existing client base, contracts, and 200 workers, expanding Crown’s European beverage can platform and increasing yearly capacity significantly. Read More>>

Executive Movements
Bosch Rexroth announces new CEO and President
Bosch Rexroth appoints Erwin Wieckowski as President and CEO for North and Central America, effective October 1, 2023. Reinhard Schaefer commends Wieckowski’s leadership amid growth opportunities. Bosch Rexroth pioneers drive and control technologies globally. Read More>>
SynSaber hires Dan Ricci as Engagement and R&D Director
SynSaber appoints Dan Ricci as Engagement and R&D Director, leveraging his 27+ years of cybersecurity expertise. Former Sr. Information Security Officer, Ricci co-founded the ICS Advisory Project, enhancing critical infrastructure security. Read More>>
Vestas appoints Anne Pearce as the new Chief People & Culture Officer
Vestas welcomes Anne Pearce as Chief People & Culture Officer, starting January 2, 2024. Formerly VP of Human Resources at Shell plc, Pearce brings extensive international HR leadership experience in the energy and industrial sectors. Read More>>

Centre Setup and Expansion
Lutron announces new UK office space
Lutron established a new UK and Africa headquarters in central London. Lighting control and blind automation solutions are among the new features in the office. This development demonstrates Lutron’s expanding commitment to the UK market as well as its intentions for international expansion. Read More>>

Key Funding Alert

Stellantis & Samsung SDI will invest US$ 2 Bn for another Gigafactory
The new factory will have an annual output capacity of 34 gigatonnes (GWh) and will go into mass production in November 2027. By the end of the decade, Stellantis hopes to have introduced at least 25 new battery electric car models in North America. Read More>>

Startup Spotlight

Company –  10X Engineered Materials
Total Funding – USD 1.2 Mn
About: 10X abrasives are designed for a wide range of applications across industries. 10X abrasives outperform other premium abrasives, working faster and more effectively on powder coating, epoxy, mill scale, and even paint racks with multiple coatings. Read More>>

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