Minda Corporation and Turntide Technologies signed a joint venture pact to develop and manufacture advanced powertrain solutions for the electric vehicle industry in India. Minda Corp will hold 49% and Turntide 51%.
GE Vernova secured a contract with Lincoln Electric System to supply two LM6000VELOX aeroderivative gas turbine packages for the Terry Bundy Generating Station in Lincoln, Nebraska, expanding output by about 100 MW.
Nippon Steel's trading arm, NST Trading Malaysia Sdn Bhd, will subscribe to 143.1 million new shares in Malaysian pipe and flat steel producer Leform Berhad for RM 25 million ($6.37 million), acquiring a 10% stake.
Borosil approved expansion of the borosilicate glass furnace capacity at its Jaipur plant from 25 tonnes per day to 32 tonnes per day, with an estimated capital expenditure of ₹50 crore. The expansion will be aligned with the furnace rebuild cycle scheduled for January 2028.
Borosil's board approved setting up a manufacturing facility in Bharuch, Gujarat, to produce glassware products. The project involves an estimated capital expenditure of ₹42 crore and is expected to begin commercial production by December 2026.
Barnet and Carbon Fiber Conversions (CFC) have launched a strategic partnership to grow the global market for recycled carbon fibers in plastics, combining CFC's technology with Barnet's global sales network.
Atlas Energy Solutions has executed a Global Framework Agreement with Caterpillar covering approximately 1.4 gigawatts of power generation assets, with aggregate purchase obligations of about $840 million. Orders are scheduled for 2027 through 2029.
AMI Metals was awarded a five-year IDIQ contract with a maximum value of $654 million to process aluminum plate for multiple Lockheed Martin defense platforms, including the F-35, from January 2027 through December 2028.
AMI Metals, a subsidiary of Reliance Inc., was awarded a multi-year contract by the U.S. Department of Homeland Security to provide steel and logistics support for border wall construction, with a maximum value of $2.24 billion. The contract runs from February 11, 2026 through December 31, 2028.
Medtronic has entered a definitive agreement to acquire Scientia Vascular, a developer of neurovascular access products, for $550 million. Scientia has about 310 employees in Salt Lake City, Utah.
Granitor Systems received an order to deliver approximately 65 cranes to SSAB's new fossil-free steel plant in Luleå, Sweden. The order includes heavy process cranes and fully automated coil handling systems.
GE Vernova marked the start of commercial operation of PetroVietnam Power Corporation's Nhon Trach 3&4 1.6-gigawatt power plant in Vietnam.
GE Vernova and Vietnam Electricity (EVN) signed a Memorandum of Understanding to explore potential opportunities in HVDC technology.
GE Vernova announced approximately $200 million investment in a new HVDC manufacturing facility in Hai Phong, Vietnam. The plant will manufacture high-power transformers for HVDC transmission projects, is expected to be fully operational by 2028, and will create more than 400 jobs.
GE Vernova's 9HA.02 gas turbines and H78 generators were chosen for three strategic LNG power projects in Vietnam: PV Power's LNG Power Plant, Hai Phong LNG Power Plant (VinEnergo), and Quang Trach II LNG Power Plant (EVN), totaling six HA gas turbines and six H78 generators.
Rockwell Automation acquired Plex Systems, a leader in cloud-delivered smart manufacturing solutions, from Francisco Partners for $2.22 billion. The acquisition expands Rockwell's industrial automation and digital transformation capabilities.
Mawera GmbH, a supplier of industrial biomass combustion plants, merged with Schmid AG energy solutions, a plant manufacturer specializing in wood energy. The combined group, Schmid Mawera Group, will be the European market leader in biomass energy generation in the medium-capacity segment, with sales of around CHF 180 million and 680 employees.
JX Nippon Mining & Metals decided on approximately JPY 23 billion in capital investment to increase production capacity of semiconductor sputtering targets at the Hitachinaka new plant to 1.6 times fiscal 2023 levels, with sequential operation planned from the second half of fiscal 2027.
Vardhman Textiles Ltd commenced commercial production at its new technical textiles facility in Baddi, with an installed capacity of 15 lakh metres of fabric per month.
Lotte Chemical Pakistan disclosed its intention to acquire a 73.69% stake in Engro Polymer & Chemicals through a share purchase agreement and public offer. The deal includes 56.19% via share purchase and 17.5% via public offer.
Hyundai Mobis won an order from Mercedes-Benz AG to supply chassis modules for cars produced in Europe. The modules will be produced at Hyundai Mobis' newly built plant in Kecskemet, Hungary.
CSSC Ninth Design & Research Institute (CSSC NDRI) has won the EPC contract for a 2200T×155m gantry crane at Waigaoqiao Shipbuilding, valued at 169.9 million yuan (approximately $25 million). The crane will be the largest in CSSC's history and will be installed at Waigaoqiao Shipbuilding's No. 2 dry dock.
TITAN Group has agreed to a joint venture with Caba Energy Group for a 100MW solar power project already under construction. TITAN will invest €34 million for its 50% share.
TITAN Group has completed the acquisition of 100% of Traçim Cement, including a cement plant near Istanbul with an annual capacity of 2.5 million tonnes and rights for a second line of equal capacity.
Setaş Kimya has acquired 100% of İzel Kimya, a Turkish producer of synthetic resins and paint raw materials. The acquisition was approved by the Competition Board in September 2025.
Medtronic Limited has been awarded a contract by Leeds Teaching Hospitals NHS Trust for the supply of endoscopy consumables. The contract is valued at £749,512 (excluding VAT) and runs from 4 March 2026 to 30 September 2029.
Advent International will not exercise its option to acquire Lanxess's 40.94% stake in Envalior in 2026, valued at EUR 1.2 billion. The option windows reopen in 2027 and 2028.
A contract worth USD 14.36 million was awarded for the supply and installation of two 500kV transformers and a reactor for the 500/330 kV Navahi Substation in Azerbaijan.
Shamrock Technologies announced a $39.6 million expansion in Laurens County, South Carolina, including relocation of its corporate headquarters from New Jersey to Gray Court. The project will create 57 new jobs, with some operations online by end of 2027 and all phases completed by end of 2030.
Shamrock Technologies announced a $39.6 million investment to build a new facility in Gray Court, South Carolina, relocating its corporate headquarters from New Jersey and creating 57 jobs.
Daikin Australia opened a new $28.2 million factory in Chipping Norton, Sydney, to produce customised Air Handling Units and Rooftop Packaged Air Conditioners for Australian buyers.
Culligan Group acquired Complete Home Filtration, a Perth-based provider of residential whole-home water filtration systems operating nationally in Australia.
Vivid Laminating Technologies completed installation of two 3.2-metre Veloblade Nexus cutting systems and two Easymount Hybrid laminators for Global Experience Specialists at its French facility, in March 2026.
EnSilica was awarded a fully funded three-month feasibility study by a U.S. healthcare technology company to develop a wireless biosensing and therapeutic controller ASIC, valued at about US$200,000.
EnSilica secured a design implementation and manufacturing contract with a UK life-sciences technology company for a next-generation chip, with initial value of about US$1.6 million and revenue starting in FY 2027.
Van Genechten Packaging invested €10 million in its subsidiary VG Kvadra Pak JSC to expand its folding carton plant in Riga, Latvia, which was officially inaugurated on March 10, 2026.
DS Smith plans upgrades at its Bredasten packaging facility in Värnamo, Sweden, including a 3,000 square metre expansion. Warehouse activities currently in Malmö will move to the expanded site.
DS Smith is investing up to DKK 100 million (about EUR 13.4 million) to upgrade its corrugated packaging facility in Grenaa, Denmark, adding a Göpfert rotary die-cutting line with flexographic printing. The company expects capacity to rise by up to 15 million square metres of corrugated board per year.
Identiv signed a multi-year exclusive agreement to develop and manufacture next-generation BLE smart labels in millions of units for IFCO's reusable packaging network of over 400 million containers.
Reliance subsidiary AMI Metals was awarded a five-year IDIQ contract with a maximum value of $654 million to process aluminum plate for multiple Lockheed Martin defense platforms, including the F-35, from January 2027 through December 2028.
Reliance subsidiary AMI Metals was awarded a multi-year contract by the US Department of Homeland Security worth up to $2.24 billion to supply and logistically support steel bollards and plates for the Southwest border wall, running through December 2028.
Mondi has completed a three-year €1.2 billion capex programme to expand capacity at its corrugated and flexible packaging mills and converting plants, including a new paper machine at Štětí, Czech Republic.
Schrader Camargo is part of the consortium building Canpack and partner Bavaria's new aluminum packaging plant in Malambo, Atlántico, Colombia, a COP 548 billion investment expected to be fully operational in 2027.
Packaging businesses Hazel 4D, Acopia's transit packaging division and Kwikpac have combined to form Orkka Limited, offering consultancy, consumables, machinery and operational support across the UK, Europe and the US. BDO's M&A team advised on the deal.
Geon Performance Solutions, through its medical division Foster LLC, acquired Arkadia Plastics, a custom compounder of thermoplastics. The acquisition expands Geon's TPU and TPE offerings for biomedical materials. Production will transfer to Foster's locations in Putnam, Connecticut, and Las Vegas, Nevada, over 90 days.
Fidelity Building Services Group acquired Masters Mechanical, a commercial and industrial HVAC and refrigeration services provider based in Newport News, Virginia.
GE Aerospace announced a $55 million investment in new and upgraded production equipment and building improvements at its Huntsville, Alabama facility to increase capacity for ceramic matrix composites production.
STMicroelectronics is constructing the SiC Campus in Catania, Italy, the world's first plant to complete the entire silicon carbide semiconductor production chain in a single site. The total investment is €5.06 billion, with STMicroelectronics contributing €3.1 billion, the Italian Ministry of Enterprises €1.76 billion, and the Sicilian Region €300 million. The plant will produce up to 15,000 200mm wafers per week and is expected to create nearly 3,000 new jobs.
Leavitt Machinery acquired Forklift Services of America (FSA) and its affiliated companies Washington Liftruck, Forklift Services of Oregon, and Pacific JCB. The acquisition strengthens Leavitt Machinery's presence in the Pacific Northwest.
Promise to Perform Industries, Inc., parent company of Spanco, is expanding with a new 43,000-square-foot manufacturing facility in Franklin, WI. The plant will fabricate and assemble Spanco cranes and Rigid Lifelines fall protection systems, and is scheduled to begin operations in late Spring 2026.