Flex Machine Tools has acquired TARUS, a 57-year-old machine tool manufacturer based in metropolitan Detroit. The acquisition became effective July 1, 2026, and expands Flex's manufacturing capacity and large CNC machining capabilities.

SGB-SMIT Group acquired a majority stake in COMEL Transformatori, strengthening its European power transformer network.

Cleveland-Cliffs announced a $400 million sole-source contract from the US Defense Logistics Agency to supply grain-oriented electrical steel (GOES). The five-year contract runs through September 2030 and was originally awarded in September 2025.

Suzano and Kimberly-Clark Corporation have launched Arbex, a $3.4 billion joint venture that commenced operations on July 1. Arbex will manufacture, market and distribute consumer and professional tissue and hygiene products across more than 70 markets, owning 22 manufacturing sites in 14 countries.

Institut National des radioéléments (IRE ELiT) awarded a EUR 264,003 contract to HTP Europe and Polymar for the production of shells and accessories for its germanium-68/gallium-68 generators. The contract was awarded on 1 July 2026 and published on 3 July 2026.

Cleveland-Cliffs Steel Corp. was awarded a five-year, $400 million contract by the US Department of War through the Defense Logistics Agency to supply up to 53,000 net tons of grain oriented electrical steel. The contract was awarded on a sole-source basis and has a performance completion date of September 8, 2030.

Covestro completed the acquisition of two former Vencorex production sites for hexamethylene diisocyanate (HDI) derivatives in Rayong, Thailand, and Freeport, Texas, USA. The deal strengthens Covestro's coatings and adhesives business.

Hyosung Heavy Industries signed a five-year agreement with AusNet to be the exclusive supplier of ultra-high-voltage transformers, reactors and other power equipment for Victoria's transmission network. The contract is valued at approximately 310 billion won.

Forsfood Group Oy has been acquired by Orat Oy and Banmark Oy Ab. The acquisition brings together two Finnish companies in the food processing machinery sector, with Forsfood continuing operations under its existing brand.

Sam Dong Ohio announced plans to invest over $13 million to expand its manufacturing facility in Delaware, Ohio, adding new copper casting equipment to more than double oxygen-free copper rod production. The expansion will create 30 new jobs.

Amaneos, part of Mutares, has finalized its purchase of Magna's European automotive lighting operations. The acquired unit, with revenue of about €200 million and 1,500 employees, will become part of Amaneos' subsidiary Light Mobility Solutions (LMS).

Generadora Metropolitana and Trafigura have jointly acquired the Los Guindos power plant in Cabrero, Chile, with 273 MW capacity. The plant will be converted from diesel to natural gas, with Generadora Metropolitana assuming full operation.

China's Zenith Group signed an agreement with the Egyptian government to invest $300 million in a tire components manufacturing project in the Sokhna Industrial Zone. The facility will produce 120,000 metric tons of steel cord and 50,000 metric tons of bead wire annually, creating about 1,000 jobs.

Inzu Group, the industrial holding company of Kutxa Fundazioa, has completed the acquisition of Geminis and its subsidiary Mekalerun from Maher Holding. The deal combines Geminis with Gurutzpe to create a new benchmark in horizontal lathes and advanced machine tools, with combined revenues of approximately €70 million.

Auto Parts Manufacturing Mississippi (APMM) is investing up to $60 million to expand its facility in Guntown, Mississippi, adding 28 jobs over five years to support increased production for Toyota.

Everbio S.A., a subsidiary of Evertis Ibérica, announced a €40 million investment to expand the Everbio Innovation Hub in Portalegre, Portugal, with new circular polymer manufacturing capabilities, supported by €11.8 million in incentives.

Hanwa Co. Ltd. agreed to acquire a 50.1% membership interest in Associated Steel Group LLC, a US steel structure manufacturer, for $347 million through a joint investment with Development Bank of Japan.

Amiblu inaugurated a third production line at its Moroccan facility, representing an investment of EUR 15.2 million. The expansion increases annual capacity to 660 km of pipes in DN800 equivalent diameter and raises the maximum producible diameter from DN2600 to DN3200.

Vertical Aerospace announced a long-term agreement with Astronics Corporation to supply the low-voltage power distribution system for Vertical's Valo eVTOL aircraft. Astronics will provide power conversion and distribution hardware.

Arcline Investment Management has entered into a definitive agreement to acquire Avantus Aerospace Group Limited, a provider of engineered shims and fasteners for the aerospace and defense industries, from Inflexion. Financial terms were not disclosed.

ABB completed its acquisition of Specialtrasfo S.p.A., an Italy-based manufacturer of specialized medium voltage transformers, including converter and rectifier transformers. The acquisition includes three production sites in Italy and over 130 employees; financial terms were not disclosed.

Valeo won a contract to supply a corner radar suite, including hardware and embedded software, to a North American electric-vehicle maker for Level 2+ and Level 3 systems.

Motorcar Parts of America acquired the intellectual and digital property of Centric Parts brake brands (Centric Parts, Posi Quiet, StopTech, C-TEK, GCX) from First Brands Group through a bankruptcy court-supervised sale. Terms were not disclosed.

Renesas Electronics Corporation completed the transfer of its timing business to SiTime Corporation on July 1, 2026. The acquired business is expected to generate at least $300 million in revenue in the 12 months following the acquisition.

ČEZ ESCO has secured an SGT-800 gas turbine from Siemens Energy for a planned combined-cycle gas power plant at Třinecké železárny in the Frýdek-Místek area. The turbine has a capacity of 62 MW and delivery is scheduled for 2029.

Wärtsilä has secured a contract worth €292 million to supply 34SG natural gas generator sets for a power plant serving a data center development in the United States. The order was placed by Liberty Energy, headquartered in Denver, Colorado.

EDF signed an agreement to sell its power solutions operations in the United States and Canada to KKR for approximately $4.2 billion, with potential additional payments of up to $0.39 billion. The sale is expected to close in the second half of 2026.

Safran Electronics & Defense announced a €20 million investment in its Dijon industrial site, including €10 million for modernization and €10 million for capacity expansion, with a new 3,000 m² building and 1,500 m² of clean rooms.

Kimball Electronics acquired Helvoet Polymer Technologies, a European-based medical CDMO specializing in micro-molding and precision injection molding, for a purchase price of €90 million (approximately $103 million).

Sumitomo Corporation agreed to transfer a 70% equity stake in its wholly owned subsidiary S.C. Cement to Sumitomo Osaka Cement. The transfer is scheduled to be completed on October 1, 2026.

Embraer concluded the acquisition of the remaining 50% stake in Mexico-based EZ Air Interior Limited from Safran Cabin, along with certain assets in Jacareí, Brazil. The joint venture produces components for Embraer's E-Jets family.

VA Tech Wabag won a 'large' order (valued between $30 million and $75 million) for the expansion of the Donauinsel Water Works in Vienna, Austria. The company will provide the complete technology package for the new water works.

Sandvik invested approximately 350 million SEK in a new manufacturing plant in Seremban, Malaysia, which was inaugurated in May 2024. The plant produces loaders and trucks for mining and is part of Sandvik's global network.

Romania's Electro-Alfa and Germany's SGB-SMIT have opened a 20 million euro factory in Botosani, Romania.

GPF Partners has merged Gor and JHK Textiles in a deal valued at 800 million euros. The transaction was reported on July 1, 2026.

VA TECH WABAG has been awarded a large contract by the City of Vienna to expand the Donauinsel Water Works, valued between USD 30 and 75 million. The project involves a complete technology package for a 86 MLD facility, scheduled for commissioning in 2030.

Biesterfeld Group and Syensqo have expanded their strategic distribution partnership for composite and tooling materials to the United Kingdom and Ireland, effective immediately. Biesterfeld will distribute Syensqo's Performance Products portfolio in both markets.

Sumitomo Chemical will transfer its polypropylene and linear low-density polyethylene businesses to Prime Polymer through a two-stage company split, and acquire a 20% equity stake in Prime Polymer. The effective date is July 1, 2026.

Australian packaging automation supplier HMPS Propac has acquired Melbourne-based Enmin, which specializes in product handling, vibratory equipment and multihead weighing solutions for the food industry. The deal was completed on 1 July 2026.

Ebara Elliott Energy has been awarded a landmark contract by Larsen & Toubro to supply nine customized centrifugal compressors for a mega-scale gas infrastructure development project in the Middle East.

PowerTransitions has entered into an agreement to acquire the 1,242 MW Roseton Generating Facility in Newburgh, New York from a subsidiary of Castleton Commodities International LLC. The facility is a dual-fuel natural gas fired power plant.

PCS Company has installed a Makino A500Z five-axis horizontal machining center at its Michigan production facility, marking a significant expansion of its mold base manufacturing capabilities. Phase 2, a palletization and flexible manufacturing system, is targeted for completion within 12 months of approval.

CIMIC Group, a HOCHTIEF company, has acquired the remaining interest in Thiess Group for A$1.18 billion, returning the global mining services business to full ownership.

Covestro is planning a significant expansion of MDI production, with new lines to be set up in Shanghai, China, and the United Arab Emirates.

Firefly Capital Management acquired Houston-based Gravity Power & Rental, which operates over 2,000 mobile power generation units, to support expansion in the US critical power market in Q3 2026.

The Workdry Group expanded in mainland Europe by acquiring French pumping and dewatering specialist DMTP in Q3 2026.

Advanced nuclear company Oklo acquired Creative Engineers Inc, a specialist in sodium and alkali-metal engineering, to strengthen liquid metal systems for its Aurora reactor in Q3 2026.

PALM converts its paper mill in King's Lynn, UK, from newsprint to corrugated case material after the paper machine PM 7 was affected by the decline in newsprint demand.

Zenit Pumps (China) and Shanghai Tsurumi Pump integrated their sales departments effective July 1, 2026, to strengthen their position in China.

Packaging Corporation of America started operations at its new 550,000-square-foot corrugated box plant in Newark, Licking County, Ohio, a month ahead of schedule. The $275 million investment is the company's largest box plant to date.