GE Vernova has bagged a contract from Lincoln Electric System to supply two LM6000VELOX aeroderivative gas turbine packages for the Terry Bundy Generating Station in Lincoln, Nebraska. The expanded station is expected to deliver up to 100 MW and be operational in 2029.
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. The expansion will add approximately 100 MW of capacity, scheduled to become operational in 2029.
NMB Minebea India Private Limited, a subsidiary of Japan's MinebeaMitsumi, committed an investment of ₹1,980 crore to establish a manufacturing and R&D centre in Tiruvallur district, Tamil Nadu, India. The facility will focus on high-value semiconductors, motors, and sensors, creating 1,400 jobs.
Atlas Salt has expanded its strategic collaboration with Sandvik Mining for the Great Atlantic Salt Project in Newfoundland and Labrador, Canada. The expanded agreement is valued at approximately $132 million and includes underground mobile mining equipment, technology, and vendor-backed financing.
Aecon was awarded a contract to build the RSR Cooperative Wastewater Treatment Facility near Niverville, Manitoba, representing a total investment of CAD 205 million. The plant will serve 13 communities and initially handle wastewater for over 30,000 residents.
Empower Group announced the acquisition of Rosewood Engineering, a specialist mechanical engineering provider for the UK water sector. Rosewood is headquartered in Blackburn and was founded in 1990.
Aequs signed a non-binding MoU with the Tamil Nadu government to set up a manufacturing unit in the state, with an investment of up to ₹1,900 crore over 10 years. The facility will produce aircraft engine and landing gear components.
Weir completed an expansion of its Alrode facility in Gauteng, South Africa, adding 1,600 m² of production space to manufacture ENDURON Elite banana screens. The expansion was driven by a £53 million contract from Barrick's Reko Diq copper-gold project in Pakistan.
Circulose has announced the restart of its commercial-scale production plant at Ortviken in Sundsvall, Sweden, to produce CIRCULOSE recycled pulp from discarded cotton textiles. Production is expected to resume in Q4 2026, supported by commitments from 11 brands and partnerships with fiber producers.
Productos Paraíso del Ecuador has inaugurated a new plant for flexible food packaging in Tambillo, south of Quito. The plant is equipped with advanced technologies for food safety and sustainability, and complements a recent USD 3 million investment in a digital printing line in 2025.
VB Spine LLC has entered into a definitive agreement to acquire the xvision Spine System from Augmedics, adding augmented reality navigation to VB Spine's enhanced visualization portfolio. The transaction is expected to close in the coming weeks.
TEX Plastics has secured a major global contract with an overseas pharmaceutical company to develop a custom containerisation solution for a highly sensitive pharmaceutical product. The contract was awarded following successful development and testing of prototypes.
Castellini S.p.A. – Benefit Corporation has acquired a majority stake in Lazzari Officine Meccaniche – Impianti Industriali S.p.A., an Italian company specialized in machinery for the steel sector, particularly for tube production. The acquisition expands Castellini's technological and commercial offering.
Mi-Jack Products has announced the acquisition of a new 200,000-square-foot manufacturing facility in Monee, Illinois, to meet growing demand for RTG cranes and container handling machinery. The facility is expected to be fully operational in Q2 2026 and will create additional jobs.
Subros Limited has received a business award from Maruti Suzuki India Limited for the supply of electric compressors for hybrid vehicle programs. The contract is valued at ₹1,280 crore and the location is Gujarat.
Bülbüloğlu Vinç Sanayi ve Ticaret A.Ş. signed a contract worth €10.5 million (excluding VAT) with Astor Enerji A.Ş. to manufacture and deliver 86 overhead travelling cranes for Astor's Phase 3 power transformers and mechanical factory. Delivery is planned for Q3 2026.
L&T Power Development Ltd agreed to sell 100% of Nabha Power Ltd, which operates a 1,400 MW coal-fired power plant in Rajpura, Punjab, to Torrent Power Ltd, subject to regulatory approvals.
Mennens Belgium supplied and installed a bespoke overhead crane for Chiyoda Europe's new production hall in Belgium, supporting expansion of printing paper capacity for decorative panels.
NürnbergMesse China and Hangzhou Fima Exhibition formed a joint venture, NürnbergMesse Fima Exhibition (Hangzhou) Co., Ltd., registered in Hangzhou in December 2025, to expand the Chillventa Global Network and launch RACC ASEAN in Bangkok in July 2026.
KITZ Corporation announced an investment in Tecofi, a French industrial valve manufacturer founded in 1985, alongside existing shareholders Bpifrance and Garibaldi Participations.
Valtorc International was awarded a major order to supply high-performance and electrically automated valves for a US oil refinery, with shipments beginning later in 2026.
AMPO Poyam Valves supplied 82 hypercentric triple offset ball valves, size 8 inch, to Tengizchevroil in Kazakhstan for metering station valve replacement, passing third-party inspection.
Chief Fluid Systems signed an MoU with Fairbanks Morse Defense to become its authorised distributor in Australia for Hunt valve and fitting products, covering distribution, servicing and support.
Nittan India Tech inaugurated an expanded facility at its Sri City plant, doubling valve output from 1 million to 2 million per month, with an additional investment of INR 41 crore and 100 new jobs.
Rubix has completed its acquisition of ERIKS UK & Ireland, an industrial distributor with a specialist flow technology offer including hoses, valves and sealing products.
Brenntag and Westlake Epoxy expanded their long-standing distribution agreement to South and West India, covering epoxy resins and solutions for CASE and construction markets.
TIL Limited secured landmark orders totaling over ₹200 crore during Q3FY26, including a ₹66.75 crore contract from CONCOR for 25 ReachStackers and approximately ₹110 crore in orders from the Indian Army and Indian Air Force for 170 military cranes.
Baxter announced a €60 million expansion project at its facility in Marsa, Malta, which will increase productive capacity by 20% and create 180 jobs.
A tender was awarded for the procurement of hydropower equipment (turbine and generator) for the Dniester Pumped Storage Plant in Ukraine, with a contract value of UAH 2,863,314,128.35.
Copeland India has completed Phase I of its Rs 500 crore expansion at its Atit plant near Pune, Maharashtra. The phase localises scroll hermetic compressor manufacturing, with production of 5 HP scroll compressors started.
LS Cable & System USA announced a $50 million investment to expand its manufacturing facility in Tarboro, North Carolina, adding two CCV production lines for medium-voltage power distribution cable. The expansion will increase employment from 250 to 335 jobs.
Macpower CNC Machines Limited is planning a new manufacturing facility expected to support 2,500 machines in phase one, with potential to scale to 10,000 machines over five years. The company has paid a token advance for land and received 18 regulatory approvals.
Bei Yi Ji Chuang (Beijing No.1 Machine Tool) secured an order for three ultra-heavy-duty CNC gantry machine tools from a new customer in Jiangsu, China. The order includes one XKA2880×120 and two XKA2850×140 machines for clean energy equipment manufacturing.
TRANSFIX (CAHORS MVD) has been awarded a EUR 525,000 contract by SIED 70 for the supply of transformation substations, transformers and HV switchgear cabinets. The contract was notified on 13 February 2026 for a duration of 12 months.
The Alfieri family signed an agreement to sell a majority stake in Italian welded steel tube specialist Padana Tubi & Profilati Acciaio to investment firm Attestor, pending regulatory approval.
Siemens Energy India Ltd announced an investment of approximately Rs.2,060 crore in a new power transformer manufacturing facility with an annual capacity of 30,000 MVA, to be built progressively between 2030 and 2032.
Elastomer Solutions México inaugurated a new industrial plant in Calera, Zacatecas, with an investment of $15 million, creating 185 jobs initially. The plant will double the company's operations in Mexico.
LS Cable & Systems announced a $50 million investment in its Tarboro, North Carolina facility, creating 85 new jobs. The investment will increase output from the factory.
Saint-Gobain, through its subsidiary CertainTeed Roofing, completed a major expansion at its manufacturing facility in Peachtree City, Georgia, with an investment of over $100 million. The project doubled the site's production capacity for roofing shingles.
King Mohammed VI chaired the launch of a new Safran landing gear production plant in Nouaceur, Morocco. The factory, to be built in the Midparc aerospace industrial zone, represents an investment of more than €280 million and is expected to create 500 jobs. It will produce landing gear systems for the Airbus A320.
Nothum Food Processing Systems has expanded its facility in Springfield, Missouri to a 92,000 square foot headquarters, consolidating all U.S. operations under one roof. Approximately 100 employees will staff the facility.
The Pentagon has awarded Pratt & Whitney a contract worth up to $230.56 million for long-lead procurement of materials, parts, and components for 138 F135 propulsion systems for Lot 20 of the F-35 Joint Strike Fighter. Procurement will run through May 2031.
FDH Aero has formalised a strategic partnership with COMAC and secured a long-term contract with Shanghai Aircraft Manufacturing (SAMC) to supply structural hardware, electrical components, and specialised chemical products for the C919 narrow-body aircraft programme.
Alkem Medtech, a subsidiary of Alkem Laboratories, has executed a binding offer to acquire up to a 55% stake in Swiss medical devices company Occlutech Holding AG for EUR 99.4 million (about ₹1,074 crore). The acquisition marks Alkem's entry into advanced cardiovascular devices.
BPMI, primary contractor for the U.S. Navy's nuclear propulsion program, partnered with Gecko Robotics to use AI and robotics to reduce inspection cycles for forged components by up to 90%.
Action Construction Equipment Limited's board approved a joint venture with Japan's KATO WORKS CO., LTD. to manufacture truck cranes, crawler cranes, and rough terrain cranes in India.
The AxoPur water treatment plant at Aspa Bruk's pulp mill in Olshammar, Sweden, has treated process water for the first time. The plant, built by Mellifiq for Axolot Solutions, is nearing completion with regular operation targeted for early March 2026.
Lokesh Machines secured a supply order worth Rs 6.30 crore from the Directorate General of Assam Rifles for 9x19mm carbines with accessories, spares, and gauges, to be executed within 90 days.
Neusoft Medical Systems announced a R$ 250 million investment to build a new industrial unit in Porto Belo, Santa Catarina, Brazil, to produce MRI, CT scanners, and hemodynamic equipment, plus R&D.
Filatex India is executing a ₹300 crore textile-to-textile recycling project with 26,750 TPA capacity, targeted for commissioning in September 2026, and a ₹235 crore brownfield expansion adding 55,000 TPA of polyester yarn capacity.