Datong Okuma Co., Ltd. held a groundbreaking ceremony for the construction of a Phase II warehouse building and Phase III operation plant in Yingge, New Taipei City, with an investment of 800 million TWD. The expansion is expected to be completed in June 2021 and create 150 jobs, boosting annual output value to 6 billion TWD.
Astemo plans to invest more than $11 million in its Muncie, Indiana manufacturing operations, including additional injection molding capacity and a new assembly line for intake manifolds for ICE and HEV vehicles. The new line is expected to start production in March 2027 and add up to nine jobs.
Western Forest Products closed the sale of its Stillwater forest operation near Powell River, British Columbia, to Qwoqwnes, owned by the Tla'amin Nation. The deal includes Tree Farm Licence 39 with an allowable annual cut of 469,200 cubic meters, and a long-term fiber supply agreement.
Egyptian industrial equipment company El-Sakkary Machinery plans to invest EGP 250 million through 2030, including EGP 50-60 million in 2027 and EGP 180 million between 2027 and 2029. The plan includes a technology and industrial center, and local assembly of machinery and components starting in 2028, targeting 25-30% local content initially.
El-Sakkary Machinery announced an expansion strategy including a total investment programme of EGP 250 million through 2030, targeting annual business volume exceeding EGP 1 billion, with plans for local assembly of machinery starting in 2028 and entry into new international markets.
CNPC Kunlun Manufacturing and Kunlun Capital will hold 60% of a new joint venture for industrial embodied-intelligence robot solutions, with Unitree and Beijing Fanjie Intelligence each holding 20%, as disclosed in a Beijing merger notice on November 4, 2026.
Sapura Industrial's unit Sapura Machining Corporation signed a master purchase agreement with Chery Corporate Malaysia to assemble front and rear axle systems for Chery vehicle programmes over four-and-a-half years, valued at RM307 million, to be carried out at a new facility in Bukit Beruntung, Selangor.
Tungaloy Corporation and NTK Cutting Tools announced that, effective January 1, 2027, NTK Cutting Tools will merge with Tungaloy. The integrated organization will operate under the Tungaloy name while retaining the NTK Cutting Tools brand. Plans include a new headquarters and manufacturing facility in the Nagoya area, Japan.
The Central Procurement Platform of China General Technology Group announced design bid candidates for the high-end CNC machining center production line construction project of Shenyang Machine Tool Zhongjie Friendship Factory Co., Ltd. Machinery Industry Sixth Design and Research Institute Co., Ltd. ranked first with a bid of 1.72 million yuan.
Hankook Precision Machinery (한국정밀기계) announced receipt of a 35% advance payment (2.73 billion won) for a CNC VTL supply contract with TEI worth 7.8 billion won. The contract period was corrected to end July 3, 2027, based on the advance payment receipt on November 4, 2026. The equipment will be supplied to Turkey.
Cranex Limited received orders worth approximately ₹12.88 crore: a Letter of Award from Larsen & Toubro Limited for two EOT cranes for the Torrent Anuppur project (₹7.95 crore), and a purchase order from Godawari Power & Ispat Limited for a 15-tonne EOT crane with grab bucket (₹4.93 crore).
China General Technology (Group) Holding Co. (Genertec) is considering acquiring Kellenberger, a Swiss maker of high-precision grinding, milling and turning machines, from US private equity owner Centre Lane Partners for about $400 million. The consideration is ongoing and may not lead to a transaction.
V-One Tech subsidiary Syscon Robotics signed a contract worth approximately 3.4 billion won with an unnamed semiconductor components and materials company to supply a Machine Tending Robot System for automating semiconductor material processing. The system combines AMRs with robotic arms and AI vision.
China Petroleum Group Kunlun Manufacturing Co., Ltd., Unitree Technology Co., Ltd., and Beijing Fanjie Intelligent Technology Co., Ltd. signed an agreement to establish a joint venture focused on industrial embodied intelligent robot solutions. Kunlun Manufacturing and its affiliate will hold 60%, Unitree and Fanjie each 20%.
Sapura Industrial Berhad's subsidiary Sapura Machining Corporation Sdn. Bhd. signed a Master Purchase Agreement with Chery Corporate Malaysia Sdn. Bhd. to assemble front and rear axle systems for Chery vehicle programs. The contract is valued at approximately RM307 million over 4.5 years and will be performed at a new facility in Bukit Beruntung, Selangor.
Curtiss-Wright Corporation was awarded contracts valued in excess of $225 million by Bechtel Plant Machinery, Inc. to provide advanced propulsion valves, pumps and instrumentation and control systems for U.S. Navy Virginia-class submarines, Columbia-class submarines and Ford-class aircraft carriers. Work is performed at facilities in New York and Pennsylvania and will continue through 2030.
Airmo Inc. Pressure Technologies has installed a MAZAK VC-Ez 26 CNC mill at its Minneapolis facility to expand in-house manufacturing capabilities, reduce reliance on outside suppliers, and shorten lead times.
Magnitogorsk Precision Metalworking Plant (MZTM) will receive a 50 million ruble loan from the Chelyabinsk Region Industrial Development Fund to buy new lathes and a boring-milling machine, and expand its production workshop. The total project cost is 94 million rubles, creating 9 jobs, with launch planned for end of 2026.
BUMAX, a Swedish manufacturer of stainless steel fasteners, is investing in a new 9,700 m² production facility and headquarters in Sandviken, Sweden. The plant will replace the current facility in Åshammar and is planned to start operations in Q3 2027.
Wright Implement expanded to 23 locations by acquiring 8 Meade Tractor stores across Kentucky and Indiana.
Premier Equipment announced the closure of its Brampton, Ontario location to consolidate operations and redistribute resources to neighboring locations in Milton, Ospringe and Nobleton.
BTL Industries is investing nearly EUR 40 million in a second high-tech manufacturing facility near Plovdiv, Bulgaria. The 47,000 m² plant will double production capacity, create over 250 jobs, and is expected to start operations in 2027.
Guangdong Taihong CNC Machine Tool Co., Ltd. received approval for a new plant in Foshan, Guangdong, to produce 3,000 high-end intelligent industrial machine tools annually. The project has a total investment of CNY 600 million and covers 19,020.28 m².
KYOCERA SENCO Industrial Tools plans to expand its Cincinnati, Ohio, facility with new manufacturing equipment and robotic automation, creating 37 jobs.
Binderholz completed the acquisition of the Kuhmo sawmill in Finland, which saws about 500,000 m3 of lumber a year and employs 180 people. The deal doubles Binderholz's Nordic sawlog intake to 2 million m3.
MKS Inc. commenced expansion of its Atotech equipment manufacturing site in Guangzhou, China, with a USD 25 million investment. The facility will grow from 20,000 m² to 50,000 m², add 30 machining systems, and create over 300 jobs. Completion expected in Q3 2027.
RAFAMET S.A. signed a contract with Verkehrsbetriebe Brandenburg an der Havel GmbH (VBBr) to supply and install a UGE underfloor wheel lathe for EUR 1.45 million, with delivery in Q4 2027.
Huichuangda (300909.SZ) announced it will acquire 100% of Dongguan Chuncao Grinding Technology Co., Ltd. (Chuncao Technology) for CNY 960 million in cash, through direct and indirect methods.
Continental Diamond Tool Corp. formed a strategic alliance with Winterthur Technology Group to expand CDT's conventional bonded abrasives offering for customers across North America.
Continental Diamond Tool Corp. completed its acquisition of PG&F Superabrasives, a US superabrasives business with operations in Royersford, Pennsylvania, and Montrose, Colorado, from Nimbus.
SECO S.p.A. signed agreements to buy 60% of Qiyang Technology for €9 million plus up to €3 million earnout, and the remaining 45% of Fannal Electronics for €23 million. Both deals are subject to closing conditions.
Marvell Technology, Inc. and Lumentum announced a definitive agreement for Marvell to acquire Lumentum in an all-stock transaction valued at $115 billion enterprise value. The deal combines electrical and optical technologies for AI connectivity. The announcement was made on November 2, 2026.
Genertec Kunming Machine Tool Co., Ltd. announced the winning bidders for an automated warehouse procurement project under its precision milling and boring machine high-end equipment industrialization project. The top candidate is Zhejiang Hangcha Guozhi Intelligent Technology Robot Co., Ltd. The announcement was made on November 2, 2026.
Jinan Senman Machinery Equipment Co., Ltd. (Shenman) won a bid to supply double-head PVC cutting equipment for the Phase IV production line of Hisense Bosch Air-Conditioning (Hunan) Co., Ltd.'s Changsha plant. The contract was announced on November 2, 2026.
Terry Machinery announced plans to acquire no less than 51% of Yixinwei's shares through equity transfer and capital increase, for a total consideration of up to 244.8 million yuan. The board approved the plan on November 2, 2026, and a framework agreement was signed.
Fairfax-backed Maxop Engineering has bought a majority stake in Pune-based Faith Automation Systems and Tooling, a design and engineering firm that automates production lines for vehicle manufacturers. The enterprise value is estimated at Rs 400-500 crore.
Flex Machine Tools, a Wapakoneta, OH-based manufacturer of machine tool solutions, has acquired TARUS, a 57-year-old U.S. machine tool manufacturer based in Sterling Heights, MI. The acquisition expands Flex's manufacturing capacity and adds large CNC machine building capabilities.
Canada's Seatply, a Montreal furniture components producer, plans to buy Autumn House, a curved plywood maker in Granite Falls, North Carolina. It will spend several million dollars on new machinery at the plant.
Mitsubishi Power Americas announced a $490 million investment to expand its Savannah Machinery Works in Pooler, Georgia, adding 450,000 square feet and over 220 jobs to double production capacity of gas and steam turbines, with potential completion by early 2029.
AMPO POYAM VALVES received an order to supply 18 high-pressure check and globe valves for Saudi Aramco's CRPO 147/157 trunkline project at the Zuluf field offshore Saudi Arabia. The largest valve, 48 inches, is the biggest of its type the company has supplied.
Lepage Millwork agreed to buy luxury window maker Fenêtres MQ from Minnesota-based Andersen. The deal is expected to close in December 2026; terms were not disclosed.
Farsoon outlined a RMB 1.754 billion ($263 million) share placement in an October 30, 2026 filing. The funds would support an AM service platform and a global operations center, with total project investment of RMB 2.835 billion ($426 million). The placement is subject to approval.
China Shenyang Machine Tool Co., Ltd. and its subsidiary Liaoning Yipu Precision Machine Tool Components Co., Ltd. plan to purchase 792 fixed assets from Genertec Shenyang Machine Tool Co., Ltd. for approximately RMB 218 million. The assets include machinery, equipment, and vehicles located in Shenyang, Liaoning. The plan was approved by the board on October 28, 2026, and announced on October 30.
Qinchuan Machine Tool Group Co., Ltd. announced on October 30, 2026, that it plans to acquire a 42.0635% stake in Baoji Loyal Machine Tool from Renren Investment for RMB 207 million in cash. The transaction will increase Qinchuan's total stake to 96.8254%.
SPR Packaging, a member of the Armando Alvarez Group, is opening a $100 million plastic film manufacturing plant on a 103,000-square-foot site in Greenville, Texas. A separate project record lists the construction cost as $50 million, which conflicts with the reported figure.
CIRCOR, a KKR portfolio company, signed a definitive agreement to acquire Italian hydraulic pump, electric motor and engineering provider Green Silence Group. It will join CIRCOR's Industrial Pumps Europe business upon closing.
Stora Enso's board approved a plan to demerge its Swedish forest assets into a separate, publicly listed company named Bergslagets Skogar AB. The announcement was made on 30 October 2026.
Saica Group inaugurated a new Saica Pack corrugated packaging plant in Sant Esteve Sesrovires, Barcelona, after investing more than EUR 100m. The site consolidates the former Saica Pack Barcelona and El Prat plants and has capacity of 200 million square metres.
UFlex has commissioned two presses at its aseptic packaging facility in Egypt.
Stora Enso plans to close a corrugated packaging plant in Finland as it centralises the country's production at other sites.