Ashoka Buildcon's joint venture in Saudi Arabia has been awarded the main construction contract for the Diriyah II One Hotel project in Riyadh by the Diriyah Company. The accepted bid project cost is SAR 717 million ($191.12 million).

Aparna Enterprises Ltd has inaugurated a ₹150-crore tile manufacturing plant in Morbi, Gujarat, under its brand Vitero Tiles. The facility has an annual capacity of 7.2 million square metres.

Marafiq has reached financial close on a roughly $500 million industrial wastewater treatment plant in Jubail, Saudi Arabia, developed with Veolia and Lamar. Construction is handled by Orascom Construction.

MAIRE's subsidiary CONSER has been awarded a licensing and Process Design Package contract by a major state-owned chemical player in China for the co-production of Dimethyl succinate and 1.4-Butanediol.

TVS Mobility Group and Palfinger AG signed an MoU to jointly set up a manufacturing plant in Pune, Maharashtra, with an estimated investment of INR 350 crore. The plant will produce truck-mounted cranes and steel components, initially over 1,000 units annually, and is expected to be operational by 2027.

The Board of Investment (BOI) approved investment promotion for five Chinese companies—Hangzhou Seenpin, Beite Technology, Sanhua Intelligent Drives, Tuopu Technology, and Xusheng Group—to build factories in Thailand producing humanoid robot components. The combined initial investment is over 10 billion baht, creating over 1,000 jobs.

Baudouin is upgrading its Cassis, France facility with a multi-million euro investment to increase production capacity fivefold. The first phase for high horsepower engine manufacturing is complete; the second phase for genset integration is targeted for completion in 2026, with full operational capacity by 2027.

Renault Group signed a binding agreement to acquire the 45% stake of Volvo Group and 10% stake of CMA CGM Group in Flexis SAS, taking full ownership of the electric van joint venture. The deal is subject to antitrust approvals and could close by end of first half of 2026.

Maple Leaf Cement Factory Limited (MLCF) acquired an 88.28% stake in Pioneer Cement Limited (PIOC), making PIOC its subsidiary. The acquisition included a public offer and share purchases under a Share Purchase Agreement dated December 17, 2025, completed on February 20, 2026.

Swedish EMS provider Note has received an order valued at SEK 135 million from a Nordic defence company for advanced printed circuit board assemblies. Production is set to start in 2026 and continue into 2028.

Alpha Aero, ASTK's largest shareholder, has invested KRW 12 billion in KAF Aero through a third-party allocated capital increase. The funds will be used to build a multi-purpose aerospace production infrastructure on a 16,500 m² site in the Jongpo Industrial Complex, Sacheon City, near ASTK's headquarters, with completion targeted by end of October.

Ganesh Benzoplast Ltd received a significant order worth INR 51.33 crore from Reliance Industries for a carbon fiber project.

Barnes Molding Solutions has rebranded as Spectrix, bringing together leading technologies and brands in injection molding.

Borouge has formed a joint venture in China with Wanrong New Materials, controlled by Wanhua Chemical, for a cracker and polyethylene complex in Fujian.

NatureWorks has officially opened a PLA facility in the Nakhon Sawan BioComplex in Thailand, with capacity of up to 75,000 metric tons per year of Ingeo-branded polylactic acid.

Lone Star has acquired some activities of Polytechnyl, a French company belonging to the Domo Chemicals group, excluding the plants.

Nicola Tei has assumed responsibility for four production sites and three subsidiaries of Arkema in Italy, covering polymer specialties and plastics recycling.

Power Mech Projects has received work orders totaling Rs 10 billion from subsidiaries of Adani Power for engineering, procurement and construction of steam generators and turbines at large thermal plants. One order worth Rs 5.15 billion is from Mirzapur Thermal Energy for a 1,600 MW ultra-supercritical thermal power project.

MAT Foundry Mexico received an operating license for a MX$1.2 billion ($70 million) automotive foundry in Mineral de la Reforma, Hidalgo, Mexico. The plant is expected to generate 650 direct and indirect jobs and supply heavy-duty vehicle components.

Strata Geosystems acquired Venus Interlinings, an India-based manufacturer of non-woven geotextiles and technical textiles, for a mix of cash and equity. The acquisition includes a manufacturing facility and expands Strata's product portfolio.

Sandvik broke ground on a $51 million mining equipment manufacturing and servicing facility in Saskatoon, Saskatchewan. The facility is expected to be operational later in 2026 and will create approximately 30 new skilled jobs.

Jingdong Steel's $500 million steel plates and pipes plant in M'sila province, Algeria, has reached 60% completion. The facility will have an annual capacity of 500,000 tonnes and is expected to create 1,114 direct jobs.

Alfa Laval is investing in a multi-year expansion of its Richmond, Virginia factory to double heat exchanger production capacity by mid-2028, driven by data center demand.

Garrett Motion received its first serial production award in mobility from Chinese manufacturer Cling for oil-free centrifugal compressors for electric bus and truck HVAC systems. Production is scheduled to start in 2027.

Kandil Glass signed a $26.7 million financing agreement with Banque du Caire to build a new glass manufacturing plant in the Ataqa Free Zone, Suez Governorate, Egypt, with a capacity of 100 tonnes per day.

SaMASZ, a Polish agricultural machinery manufacturer, has created a smart factory for sheet metal production using robotics and storage technology from Remmert. The system includes a 24-tower automated sheet metal storage system with 800 storage locations, integrated with laser cutting machines, pick-and-place robots, and bending machines.

Prime Minister Narendra Modi laid the foundation stone for a semiconductor chip manufacturing facility in Jewar, Uttar Pradesh, a joint venture between Foxconn and HCL. The plant, named India Chip Pvt Ltd, involves a ₹3,700 crore investment, will be operational by 2028, produce up to 3.6 crore chips per month, and create over 3,500 jobs.

Totaligent, Inc. and GloMed Solutions LLC signed a binding letter of intent to form a joint venture integrating Totaligent's Aetherium Medical platform with GloMed's operations in Japan and APAC. The JV is expected to close within four weeks, with Totaligent holding strategic control via three board seats.

Aditya Birla Group confirmed a R$5 billion investment to expand the Novelis aluminum plant in Pindamonhangaba, Brazil, doubling its size. The project includes a new plant adjacent to the existing one, aiming to increase capacity from 750,000 to 1.2 million tonnes per year, with construction expected to take about three years.

Vermeer Corp. announced plans to build a 300,000-square-foot facility near Bondurant, Iowa, after the Bondurant City Council approved the $102.7 million project. The facility will be operational by the end of 2027 and is expected to employ more than 300 people, creating over 175 new jobs.

Nasta Pet Food has acquired FirstMate Pet Foods, strengthening its commercial and manufacturing platform in North America.

The Department of Foreign Affairs, Trade and Development awarded ACU TECH a CAD 3,244,572.16 contract for supply and upgrades of the chiller plant building and equipment at the High Commission of Canada in Delhi, India.

Imaflex Inc. announced that the Superior Court of Quebec has approved the plan of arrangement under which Soteria Flexibles AcquireCo Ltd., part of Soteria Flexibles Corp., will acquire all outstanding shares of Imaflex. The transaction is expected to close on or about February 27, 2026.

Sika has announced an agreement to acquire Finja, a Swedish manufacturer of mortars and facade systems. The acquisition is expected to broaden product availability and manufacturing capacity across the Nordic construction market. Completion is subject to regulatory approvals, with closing anticipated in early 2026.

Advanced Manufacturing Company of America (Amca) has completed the acquisition of Payne Magnetics, Inc., a manufacturer of magnetic components and high-performance electrical transformers for aerospace and defense. The deal expands Amca's capabilities in power magnetic components for aerospace systems.

Croom Medical has broken ground on a 38,000 sq ft R&D and industrialisation centre of excellence (ACOT) at its manufacturing campus in Croom, Co. Limerick, Ireland. The €6 million investment will integrate full-spectrum orthopaedic manufacturing under one roof.

Infineon confirmed a July 2, 2026 opening for its new 300 mm Smart Power Fab in Dresden, Germany, with an investment of roughly €5 billion including about €1 billion in government subsidies. The facility will produce power and control semiconductors for vehicles, renewable energy, and AI data centers, creating around 1,000 jobs.

BorgWarner secured a supply order from a premium European OEM to supply its 800-volt Integrated Drive Module for a range-extended electric vehicle, with mass production scheduled to start in 2029.

Exedy Corporation resolved to acquire all shares of Protean Electric Ltd., a UK-based developer of in-wheel motors, for approximately JPY 5.17 billion, making it a wholly owned subsidiary. The acquisition date is February 26, 2026.

SEMITEC announced a new building at its Chiba plant in Chiba City for increased thin-film thermistor production, with an investment of approximately JPY 2.5 billion. Construction is scheduled to start in December 2026 and complete in December 2027.

SEMITEC announced a new plant in Ube, Yamaguchi Prefecture, for thin-film and bulk thermistor production, with an investment of approximately JPY 3 billion. Construction is scheduled to start in September 2026 and complete in July 2027.

India Chip Private Limited, a joint venture between HCL and Foxconn, will establish an outsourced semiconductor assembly and test (OSAT) facility in Yamuna Expressway Industrial Development Authority, Uttar Pradesh, with a total investment of over INR 3,700 crore. The foundation stone ceremony is scheduled for February 21, 2026.

Shaily Engineering Plastics announced a strategic expansion of its Abu Dhabi facility with an investment of AED130-150 million to add capacity for 75 million pen/auto-injectors, expected operational by Q4 FY28.

SATTL France was awarded a contract by Communauté Urbaine du Grand Reims for the supply of filter press cloths for Choquenet, Faure or equivalent brands, valued at €80,000 over four years.

Divgi TorqTransfer Systems secured exclusive orders totaling 70,000 units of transfer case systems from Mahindra & Mahindra and Tata Motors for pickup trucks exported to Indonesia. Production is expected to commence in calendar 2026.

Terumo BCT Europe NV was awarded a £7.5 million framework agreement by NHS Blood and Transplant for the supply and support of sterile connection devices, including maintenance and servicing contracts.

Ekki Homa, a joint venture between Ekki Group and Homa Pumpenfabrik, launched the new Linus sewage pump range in India, backed by expanded manufacturing capacity and a pan-India distribution network. Initial production capacity is 30,000 pumps per year.

FCH has completed its acquisition of Axiflow Technologies, a maker of sanitary twin-screw pumps for food, beverage and pharmaceutical customers. The deal extends FCH into twin-screw pumps.

UK Research and Innovation (UKRI) made a direct award to Haas Automation Limited for the purchase of a 5-axis machining centre for the UK Astronomy Technology Centre. The contract value is £248,475 excluding VAT, signed on 19 February 2026.

SGS has acquired Denver-based Murray-Brown Laboratories, expanding its food safety and nutraceutical testing capabilities.