Air Industries Group will merge with Tenax Aerospace Acquisition in an all-stock transaction, with Tenax members expected to own about 95% of the combined company. The deal was announced on February 17, 2026.

Sumitomo Drive Technologies, a division of Sumitomo Heavy Industries, has acquired Riverside Spline & Gear Inc., a manufacturer of engineered gears and shafts based in Marine City, Michigan. The acquisition was announced on February 17, 2026.

Epta closed the acquisition of display cabinet and refrigeration systems company Hauser, with an effective date of March 1, 2026. The combined group exceeds €2 billion in pro-forma annual revenues and has around 10,000 employees.

Heavy equipment manufacturer TIL Limited approved the acquisition of a 60% stake in Tulip Compression Private Limited, marking its entry into clean-energy manufacturing. The deal gives TIL access to LNG and hydrogen powerpack manufacturing.

Portland General Electric agreed to acquire PacifiCorp's Washington electric utility operations and select generation assets for $1.9 billion in cash, partnering with Manulife Investment Management as a minority joint venture owner.

Adani Group and Tower Semiconductor announced a $10 billion investment to build a semiconductor manufacturing plant in Maharashtra, India, with an initial capacity of 40,000 wafers.

ZF's Commercial Vehicle Solutions division won a multi-year order from an unnamed Indian bus manufacturer for several thousand AxTrax 2 LF electric drive axles for electric city buses in India and for export.

Airtificial Group signed a €6 million contract to design and manufacture an automated assembly line for electric motor power inverters for a U.S. Tier 1 supplier serving a major U.S. vehicle manufacturer. The line will support production of a next-generation e-van.

Mellifiq has won a contract for an AxoPur facility in Sweden.

Modig Machine Tool, headquartered in Kalmar, Sweden, has acquired LiCON, a German manufacturer of high-performance machining systems.

Dendro Lift has delivered eight customized heavy-duty jack stands with integrated gas springs to Alstom in Hungary.

TIL Limited unveiled three indigenously built material handling products: the CarryKing 515 crane, the TMS-885 truck crane, and the RT RST-8 ReachStacker.

TIL Limited received an Operation & Maintenance contract worth over ₹30 crore from CONCOR for maintenance of machines for the next 3-5 years.

TIL Limited secured approximately ₹110 crore worth of orders from the Indian Army and Indian Air Force for about 170 specially designed military cranes.

TIL Limited secured a ₹66.75 crore contract from Container Corporation of India Limited (CONCOR) for 25 loaded ReachStackers.

Sidel has installed a complete aseptic PET packaging line for Britannia's Winkin' Cow dairy drinks at Britannia's greenfield dairy factory in Ranjangaon, India. The line includes an Aseptic Combi Predis running at 24,000 bph.

Continental Diamond Tool is looking to open a distribution branch in Poland, supplied from its Kinmel Bay factory, to support growing sales in the Polish market.

Continental Diamond Tool (CDT) has opened a new 30,000 sq ft factory in Kinmel Bay, Wales, as part of a £4 million investment. The company plans to increase its workforce from 48 to 80 over the next couple of years.

EMSTEEL Group and Oldendorff Carriers signed a five-year freight agreement for the import of key raw materials to the UAE, with a total indicative value of approximately AED600 million. Oldendorff will transport about 5.2 million tonnes annually of iron ore pellets.

TechMatrix Corporation and its subsidiary PSP Corporation have signed a basic agreement to acquire shares of Medmain Inc. for approximately 2.3 billion yen, aiming to hold over 70% of voting rights and make it a consolidated subsidiary.

Kemira plans to build a plant to reactivate spent activated carbon at its Tarragona manufacturing site in Spain, with an investment of around EUR 20 million. The plant is expected to be operational by the end of 2029.

BASF is adding a new line at its Mangalore site to expand dispersions capacity, catering to the paints, construction and paper sectors.

AQUAPHOR International plans to build a 110,000 m2 mega-plant in Narva, Estonia, with an investment of approximately €200 million. The plant is expected to create about 700 jobs and produce up to 1 million water treatment systems annually, with annual sales up to €1.5-2 billion. The decision depends on entering the European stock exchange by end of 2022 and infrastructure development.

Hammond Power Solutions Inc. has signed a definitive agreement to acquire AEG Power Solutions, a global manufacturer of industrial power electronics. The acquisition is subject to regulatory approvals and customary closing conditions.

Panattoni is building a new production and warehouse facility for Danfoss in Tuchom, Poland, with an area of approximately 22,500 sqm. The plant will accommodate 500 employees and is due to be completed in spring 2026, increasing production capacity for heat distribution units.

HENN inaugurated its HENN Americas manufacturing facility in Silao, Guanajuato, Mexico, with an investment of approximately US$4 million. The plant is expected to create up to 100 direct jobs and produce high-precision automotive components.

Mitsubishi Chemical Corporation has concluded a stock transfer agreement with Konishi Co., Ltd. to transfer the synthetic resin emulsion business of its subsidiary Japan Coating Resin Corporation and its own acrylic emulsion business. The agreement was effective February 17, 2026.

Kemira plans to expand its Tarragona manufacturing site in Spain by building a plant to reactivate spent activated carbon for the drinking water business in Iberia. The investment is expected to be around EUR 20 million, with the plant expected to be operational at the end of 2029, pending final investment decision and permitting.

Danaher Corporation announced a definitive agreement to acquire Masimo Corporation for $180 per share in cash, with a total enterprise value of approximately $9.9 billion. Masimo, a provider of pulse oximetry and patient monitoring solutions, will become a standalone operating company within Danaher's Diagnostics segment.

Canadian firm Metal Craft Spinning and Stamping Ltd. will establish U.S. metal manufacturing operations in Niagara Falls, New York, investing approximately $1.3 million in a 24,760-square-foot facility. The project is expected to create up to 17 new jobs.

Tenax Aerospace Acquisition, LLC and Air Industries Group (NYSE American: AIRI) announced a definitive merger agreement to combine Tenax's special mission aviation business with Air's precision aerospace manufacturing. The combined company expects to remain listed on NYSE American under AIRI, with pro-forma 2026 revenues exceeding $210 million and approximately 430 employees.

Thames Water Utilities Limited awarded KIER Infrastructure and Overseas Limited a contract worth up to GBP 280 million for the K298 Maple Lodge STW Quality AMP 7 New Permit project in London. The work includes new inlet screens, storm tanks, activated sludge plant, and tertiary treatment, with contract dates from April 2026 to March 2030.

Aqua Resmat, part of Grupo MTA, officially inaugurated its new 13,000 m2 facility in Sallent (Barcelona) with an investment of EUR 7 million. The site includes new polyester and polyethylene factories, engineering areas, warehouses, and offices for wastewater treatment equipment manufacturing.

Swedish industrial group Teqnion acquired all shares in Cambs Compressor Engineering Limited, a Cambridgeshire-based specialist in compressed air systems and services, with immediate effect. The purchase price was not disclosed.

Zeus Packaging Group acquired KOEX Packaging Solutions, a premium and retail packaging specialist with operations in Miami, Paris and Fuzhou, China. The deal is aimed at increasing production and logistics capacity in Europe and extending Zeus into the US; financial terms were not disclosed.

SKF India announced a $72 million investment in a next-generation digital 'Factory of the Future' manufacturing campus in Pune, Maharashtra, expected to be ready by 2030. The plant will consolidate existing production and add new channels.

The European Commission authorised the acquisition of Sealed Air Corporation by funds managed by Clayton, Dubilier & Rice, finding no competition concerns under the EU Merger Regulation. The deal gives CD&R sole control of the food packaging provider.

Coca-Cola Canada Bottling is investing $141 million to renovate and expand its Brampton manufacturing centre with a new production line capable of at least 20 million extra cases annually, creating up to 500 jobs during construction.

Coke Canada Bottling is investing more than CAD 141 million to expand its Brampton facility with a new technology-enabled can line adding at least 20 million cases a year, targeted to be operational in late 2027.

TBEA Shenyang Transformer Group Co. Ltd. was awarded a $14,361,200 contract by Azerenerji for the supply and installation of transformers and reactors for the 500/330 kV Navahi Substation in Azerbaijan, part of the Scaling-Up Renewable Energy Project.

Ferrovial, through a joint venture with Cadagua, secured a contract from Thames Water to upgrade the Slough Sewage Treatment Works in the UK. The project is valued at approximately £80 million.

Doosan Enerbility signed a 320 billion won ($240 million) contract with its subsidiary Doosan Skoda Power to supply steam turbines and turbine control systems for the Dukovany nuclear power plant units 5 and 6 in the Czech Republic. The signing ceremony was held in Prague on February 16, 2026.

Schneider Electric announced a new 40,000 m² production site in Mâcon, France, to replace its historic plant, with construction starting in early 2026 and commissioning expected in 2027.

FIGEAC AÉRO announced a new strategic agreement with Safran Aircraft Engines for a component of the M88 engine for the Rafale fighter jet, with first deliveries expected in fiscal year 2026/27.

GlobalFoundries and Renesas announced an expanded multi-billion-dollar strategic collaboration, broadening Renesas' access to GF's technology platforms including FDX, BCD and CMOS, with tape-outs starting in mid-2026.

Ritz Instrument Transformers will construct a new manufacturing facility in Waynesboro, Georgia, for high voltage instrument transformers, with an initial investment of $28 million and 130 jobs.

United Airlines has selected 300 GEnx engines from GE Aerospace to power its new Boeing 787 Dreamliners, with additional spare engines, making United the largest GEnx operator.

Koncar's unit will manufacture and deliver 83 transformers (110 kV to 330 kV) for the rehabilitation of five hydropower plants owned by PJSC Ukrhydroenergo, financed by the EBRD.

Koncar's unit completed the manufacture, installation and commissioning of a 115 MVA medium-power transformer for a wind farm project in Schonwalde, Mecklenburg-Vorpommern, Germany.

Prysmian has signed a framework agreement worth up to €550 million with Enedis to supply medium-voltage cables for seven years (2026-2032), with an option for three additional years. The cables will be supplied from Prysmian's sites in Gron and Montereau-Fault-Yonne, France, to support the modernization of the French electricity grid.