Meta Bright Group's subsidiary Jesselton Concrete Sdn Bhd secured a RM15.51 million contract from China Communications Construction Company (M) Sdn Bhd to supply ready-mixed concrete for the ESTEEL Ore Terminal Project in Sabah.
BASF has expanded production capacity for dispersions at its site in Durban, South Africa, and established a modern application laboratory on-site. The expansion boosts supply capabilities for architectural coatings, construction and paper industries in East, West and Southern Africa.
RRP Electronics has secured 101 acres in Khalapur, Maharashtra, for an integrated semiconductor manufacturing and advanced packaging campus. The company plans a total capital expenditure of over INR 36,000 crore across two phases.
FACC has been awarded a contract by Embraer to develop and manufacture complete cabin interior linings for the new Praetor 600E and 500E business jet models.
UK-based textile giant Coats Group has begun due diligence to acquire Yuyoung Industrial, a South Korean shoe material maker, from private equity firm VIG Partners. The deal is valued at over KRW 150 billion.
NKT has signed a firm contract with a joint venture between National Grid and SSEN Transmission to deliver a 525 kV HVDC power cable system for the Eastern Green Link 3 project in the UK. The order is valued at over EUR 2.2 billion.
Rockwell Automation announced a multi-year collaboration with Prometeon Tyre Group to implement its Manufacturing Execution System across facilities in Italy, Türkiye, Egypt, and Brazil.
Panasonic Industry Co., Ltd. will invest approximately 7.5 billion yen to add a new production line at its Guangzhou Factory in China to manufacture MEGTRON multi-layer circuit board materials for AI servers. Initial manufacturing is planned for April 2027.
CGBio announced that its second plant, the NOVO Factory in Hyangnam, Hwaseong, Gyeonggi Province, received construction approval and has begun operations. The facility will manufacture NOVOSIS PUTTY and orthopedic surgery products for the U.S. and Japanese markets.
MacLean Power Systems and Power Grid Components completed their previously announced merger. The combined company will operate as MacLean Power Systems, with Blackstone becoming majority owner and Centerbridge making a new investment.
Babcock & Wilcox received full notice to proceed on a $2.4 billion design-build agreement with Base Electron to deliver 1.2 GW of new generation capacity using four 300-MW natural gas boilers and steam turbine generators. Siemens Energy will supply the steam turbine generator sets.
山东鸿泰鼎新材料科技有限公司 announced plans to invest 80 billion yuan in a textile新材料 industrialization project in Xiajin County, Shandong. The project will produce 400,000 tons of Lyocell fiber and 50,000 tons of nonwoven fabric annually, creating about 1,000 jobs.
COFCO Grain & Oil (Chongqing) has awarded a contract for a paper bag packaging machine for its new 600,000-ton wheat processing project in Chongqing, China. The contract value is 170,000 yuan.
Händlmaier has invested around €5 million in a new tube filling line at its Regensburg headquarters, doubling annual capacity to 50 million mustard tubes.
Shandong Zhongji Luyuan Machinery Co., Ltd. will invest 400 million yuan to build a facility for R&D and production of intelligent CNC steel bar processing equipment in Jining, China. The project will include five digital assembly lines and produce 300 CNC bending machines and 260 cage rolling machines annually.
Viromed Medical AG has signed a letter of intent to acquire relyon plasma GmbH, a subsidiary of TDK Electronics AG, to create an integrated platform for cold plasma technology.
Babcock & Wilcox received a limited notice to proceed to begin work on an approximately $130 million air quality control project.
Babcock & Wilcox secured awards of more than $21 million for fuel switching technologies in the United States.
Siemens plans to invest around €200 million to build an AI-based, digitalized and automated factory for its Smart Infrastructure Business at its Amberg location, with completion by 2030.
Salzgitter AG's subsidiaries Mannesmann Grossrohr GmbH and Mannesmann Line Pipe GmbH have signed contracts with ONTRAS Gastransport GmbH to supply pipes for the FGL 702 hydrogen pipeline project in Germany. The contracts cover 70.6 km and 38.2 km of pipes, with deliveries starting in February 2027.
Mare Group acquired the remaining 49% of EasyGo, which holds EMM Systems, thereby completing the acquisition of 100% of EMM Systems. EMM develops digital platforms and systems for industrial processes, particularly in the pharmaceutical sector.
Pactiv Evergreen announced it will acquire privately held Novolex Holdings for approximately $7.3 billion, paid with $4.85 billion in cash and about $2.45 billion in Pactiv stock. The Reynolds Group-backed deal would create a North American foodservice packaging leader with over $11 billion in combined revenue.
SLB signed two five-year contracts with Petroleum Development Oman to supply wellheads and artificial lift equipment for Block 6, Oman's largest oil and gas concession. SLB will also support local gate valve manufacturing within six months of commencement.
Custom Pipe & Fabrication, Inc. completed its acquisition of ProFab Corporation, a Lubbock, Texas stainless and carbon steel fabricator serving pump manufacturers. The deal expands Custom Pipe's pump fabrication and machining capacity.
2PointZero Group completed its acquisition of a 60.8% majority stake in ISEM Packaging Group, a European packaging group serving beauty, fashion, luxury and nutraceuticals, for AED 704 million (about EUR 164.7 million). Peninsula Capital and minority investors retain 39.2%.
Edible Garden AG is expanding its Zero-Waste Inspired platform with a ready-to-drink manufacturing hub at its Midwest facility of over 200,000 sq ft. It selected Tetra Pak for planning, installation and integration of proprietary processing and aseptic carton packaging, with an agreement to be executed on March 4, 2026.
DS Smith is investing up to €13.4 million to upgrade its corrugated packaging facility in Grenaa, Denmark, adding a flexographic rotary die-cutting line to expand capacity for automation-ready packaging.
SLB signed two five-year contracts with Petroleum Development Oman to supply wellheads and artificial lift equipment, including ESPs and PCPs, for Block 6, with local production of wellheads and gate valves in Oman.
WITTE Automotive has completed the acquisition of electronics supplier HELBAKO Group. HELBAKO has locations in Heiligenhaus, Germany and Timișoara, Romania, and adds electronics development and production capabilities to WITTE.
MacLean Engineering secured C$2.5 million in federal funding to advance electric vehicle technology for mining.
Normet launched the Scamec LC 065 A, a compact scaling machine designed for underground operations.
XCMG and Codelco signed a Memorandum of Understanding in Chile on March 3, 2026, to explore cooperation in mining equipment, including electrified and intelligent solutions.
TKF signed a framework agreement worth approximately €650 million with Alliander for the supply of medium- and low-voltage cables, with a maximum term of eight years (mid-2026 to mid-2034). The tender is Alliander's largest-ever cable tender.
XCMG and Cummins Inc. signed a joint venture agreement on March 3, 2026 to deepen collaboration around Xuzhou Meritor Axle Co., Ltd., expanding into whole-machine system integration and new-energy technologies, with cooperation extended through 2036.
Arabian Mills for Food Products Co. signed contracts with Bühler AG valued at SAR 71.2 million ($19 million) to supply equipment and supervise execution of flour and feed milling expansion projects in Riyadh and Hail, Saudi Arabia. The projects include a new flour mill, new feed mill and new warehouses at Riyadh and an upgraded flour mill at Hail.
The Casper City Council approved a $4.5 million procurement agreement with Evoqua Water Technologies to replace three helical screw pumps at the Sam H. Hobbs Wastewater Treatment Plant in Casper, Wyoming.
SRTX Inc. agreed to sell the core assets of its Sheertex brand to A.Y.K. International Inc., a Quebec-based hosiery manufacturer. The deal is being pursued under court-supervised insolvency protections. The value was not disclosed, and fewer than 10 employees will transfer.
NFI Group and its subsidiary New Flyer officially opened a new Customer Acceptance and Delivery facility in Winnipeg, Manitoba. The facility enables full domestic production of heavy-duty transit vehicles, including zero-emission buses, for the first time in 15 years. Construction began in late 2024, first buses entered production in September 2025, and the first delivery was made in December 2025.
Shinhwa Auto USA Corp. announced a $37 million expansion at its Auburn, Alabama manufacturing facility, which will create 20 engineering and technical jobs. The expansion includes integrating Italian toolmaker SAPP S.p.A. into the operation.
Gaictech has signed a €6 million contract with Tunamax SARL to design and supply the complete production line for a new tuna processing plant in Berrechid, Morocco. The plant will process up to 15,000 tonnes of tuna per year and produce over 50 million cans.
CIE Automotive has completed the acquisition of Aludec Group, as published on 3 March 2026.
All Metals Fabricating joined a group of investors to acquire Power Electric Supply Company (formerly Meister Supply Company), a Texas-based electrical and telecommunications distributor. The investment aims to support data center and power generation industries.
STRABAG SE has completed the acquisition of WTE Wassertechnik GmbH from EVN AG, closing the deal on 3 March 2026. The acquisition strengthens STRABAG's water infrastructure portfolio.
Cold Core Group and Farley's Frigeration have announced a strategic partnership to expand industrial refrigeration services nationwide, enabling cross-selling of products and services.
Al-Matahin Al-Arabiya for Food Products has signed contracts with Bühler AG for equipment supply and project supervision for expansion projects, including a new flour mill (800 t/day) and a new feed mill (400 t/day) in Riyadh, and development of a flour mill (150 t/day) in Hail.
CPI Aerostructures has received funded orders totaling $6 million from Raytheon for Airborne Pods, with a not-to-exceed ceiling of $12 million.
Grants of Shoreditch has taken delivery of a new 15+15 ton double-girder gantry crane at its Cadeby factory, increasing lifting capability and operational efficiency.
Baikal Electronics signed a contract with Reglab to supply at least 1.5 million Baikal-U microcontrollers worth over 1 billion rubles within a year, with the first batch of 150,000 chips arriving by end of June 2026.
Hutchinson and Dynamatic Technologies Limited signed a Memorandum of Agreement to cooperate in India's aerospace market, with initial work packages including composite parts and metallic parts contracts.
Hager inaugurated Hager Jialong Electric Systems (Nanjing) Co., Ltd., a joint venture with Jialong, at a new production site in Nanjing to develop and deliver smart low-voltage electrical solutions for the Chinese market.