Northrop Grumman Systems Corp. received a $198 million ceiling-priced delivery order from the U.S. Navy for 608 power amplifier module spares in support of the E-2D Advanced Hawkeye aircraft. Work will be performed in Melbourne, Florida, with completion expected by February 2029.
Rolls-Royce SMR and Yokogawa Electric Corp. announced a strategic agreement for Yokogawa to deliver data processing and control systems for Rolls-Royce's small modular reactor program, covering the first units in a global SMR fleet. The work will be delivered from Yokogawa's UK office in Runcorn, with contributions from the Czech Republic and the Netherlands.
Henkel and Wetherby Laroc, a UK-based manufacturer of high-performance building products and facade systems, announced a strategic partnership in the form of a joint venture. Henkel signed an agreement to become majority shareholder of Wetherby Laroc. The transaction is closed and completed; financial details were not disclosed.
Kwalyti Tooling & Machinery, a supplier of refurbished packaging machinery and parts, acquired Multisource PRP, a packaging equipment and parts provider specializing in programming, controls and electrical integration. The combined organization serves food and medical packaging manufacturers across North America.
Rockwell Automation announced plans for a new greenfield manufacturing site spanning around 1 million square feet in New Berlin, Wisconsin, as part of a $2 billion investment over five years. The plant will be equipped with advanced automation, robotics and digital systems.
Mearthane Products Corp. completed the acquisition of the industrial composites operations (polyurethane division) of Axillon Aerospace, based in Cincinnati, Ohio, expanding its polyurethane molding and composites capabilities.
Bostik Ireland completed a major upgrade at its Arklow manufacturing facility in Co. Wicklow, installing new automated bagging, palletising and stretch hooding machinery during 2025, increasing ware capacity from 12,000 to 20,000 tonnes and daily material movement from 60 to 90 tonnes.
In the insolvency proceedings of Uplifter GmbH & Co. KG, the Luibl Gruppe from Passau has acquired the business operations and 45 employees. The brand Uplifter will be retained, and all locations will continue.
Salzgitter AG plans to acquire thyssenkrupp Steel's shares in Hüttenwerke Krupp Mannesmann (HKM) effective June 1, 2026, and will continue HKM in sole responsibility with reduced scope. Slab supply to thyssenkrupp Steel will continue until end of 2028.
VDK Groep, a Dutch company, has acquired Schorr GmbH, a heating, climate, and sanitary technology company based in Sembach near Kaiserslautern, Germany. Schorr will continue to operate as an independent entity within the VDK group.
Valmet has received orders from Dow to supply turnkey process analytical solutions for the Path2Zero project at Dow's Fort Saskatchewan site in Alberta, Canada. The project aims to create the world's first net-zero Scope 1 and 2 emissions integrated ethylene cracker complex.
ETI Starwin has been awarded a production contract by the Department of the Navy/NAVAIR for PN 928356-1 (Radome Polarizer), a precision antenna housing component for the F/A-18 Hornet and Super Hornet fleet.
Ainekko, a startup pioneering open AI infrastructure, announced it is merging with fabless semiconductor company Veevx. The combined company will operate under the Ainekko name.
GE Vernova has won a mega order from Adani Energy for the KPS III HVDC project in India, supplying a ±500kV, 2,500 MW VSC-based bipolar HVDC system, including design, equipment supply, erection, testing and commissioning.
PP Control & Automation, a UK manufacturing outsourcing specialist, announced a major acquisition drive targeting complementary manufacturing companies in Europe, the USA and Asia, with a goal of reaching £100 million in sales within four years.
SPIRAC has supplied a complete inlet works package and a sliding frame sludge silo for the upgrade of the Cambridge Wastewater Treatment Plant in New Zealand, with all equipment delivered to site.
The first phase of Wantong Special Plastics' special polyamide resin production line, with an annual capacity of 8,000 tons, is expected to commence operations in April 2026, with plans to increase to 40,000 tons per year by 2028.
Zhuhai Wantong Special Engineering Plastics Co., Ltd. has officially put into operation a pilot plant for the annual production of 2,000 tons of special aromatic olefin polymers in the Zhuhai Economic Development Zone.
Maase Inc. is in advanced negotiations to acquire Shandong Sandi Water Purification Technology Co., Ltd., a provider of pipe system solutions for drinking water in China, for approximately RMB700 million, to be paid in newly issued shares.
Evonik has initiated the engineering phase for a new HTPB production facility in the Asian region, with the location selected to leverage synergies with existing assets.
Evonik is expanding its POLYVEST® HT capacity at its existing site in Marl, Germany, with construction underway and the first phase scheduled to go on stream in Q2 2027.
SECO/WARWICK will supply a Vector vacuum furnace to the Marle Group for its Marle Nowak facility in France, used for heat treating orthopedic implants and surgical instruments. This is the third SECO/WARWICK furnace at the Marle Group.
Pommier Group is acquiring the vehicle body parts business of Titgemeyer, including Rieko GmbH, to strengthen its presence in the German market. The transaction is effective April 1, 2026.
Talbros Automotive Components, along with its joint ventures, secured multi-year orders worth over ₹1,000 crore from leading OEMs for domestic and export markets. Orders span gaskets, heat shields, forging components, hoses, anti-vibration parts, and chassis components, to be executed over five years with commercialization starting FY27.
Saudi Steel Pipe's subsidiary Global Pipe Co. won an $80 million contract with Subsea 7 to supply line pipes for an offshore redevelopment project. The contract duration is 11 months.
Younghwa Tech Co., Ltd. won an order from Hyundai Motor Company to supply high-voltage DC-DC converters and power distribution units for fuel cell vehicles. The contract runs from February 2026 to December 2033, with expected sales of KRW 198.56 billion.
Shougang Jingtang received approval to build a new galvanized automotive steel sheet production line with an investment of CNY 1.23 billion ($177 million). The line will add 450,000 tonnes/year of capacity, with construction lasting 21 months.
Mitsubishi Electric India inaugurated a new air conditioner and compressor manufacturing facility in Chennai, Tamil Nadu, with an investment of ₹2,100 crore. The facility has an annual production capacity of 300,000 AC units and 650,000 compressors, creating over 2,100 jobs.
Sellafield Limited awarded a contract to LTi Metaltech Ltd for the manufacture and supply of SRP products, valued at £46.2 million. The contract was awarded on 6 February 2026.
Agilyx, ExxonMobil and LyondellBasell have agreed to restructure their Cyclyx joint venture as part of a mutual strategic realignment. Agilyx will continue its offtake agreement with ExxonMobil for 50,000 metric tons/year of material.
LG Energy Solution will acquire Stellantis' 49% stake in NextStar Energy, a joint venture established in 2022 to build a battery manufacturing facility in Windsor, Ontario. Over $5 billion CAD has been invested in the facility to date.
Tata Chemicals Limited announced a ₹515 crore investment to set up a greenfield iodised vacuum salt dried (IVSD) manufacturing facility at Valinokkam, Ramanathapuram district, Tamil Nadu. The plant will have an installed capacity of 210 KTPA and is expected to be completed within 36 months.
Uno Minda approved a ₹764 crore capex for a greenfield four-wheeler alloy wheel manufacturing facility near Chhatrapati Sambhaji Nagar, Maharashtra. The plant will have a capacity of 1.8 million wheels per annum and will be built in phases over four years.
Yanmar Compact Equipment EMEA is investing €6.5 million to expand its Saint-Dizier facility in France, adding a wheel loader production line, a 5,000 m² logistics centre, and a prototype workshop. The site will become the primary European manufacturing hub, creating about 80 new jobs.
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.
Nexchip Semiconductor Corporation has agreed to acquire Hefei Jingyi Integrated Circuits Co., Ltd. for CNY 0 and will invest a total of CNY 1.98 billion in the company through a capital increase.
Stutz Packing Company in Indio, California won a USDA-AMS purchase award to supply 95,000 cases of dehydrated potato flakes for food assistance programs in fiscal 2026, valued at $1,348,269.50.
SPX Technologies completed its acquisition of Crawford United, a Cleveland-based holding company, for an aggregate transaction value of about $300 million. The air-handling segment joins SPX's HVAC business, and non-core aerospace and transportation units are being sold.
LM Packaging acquired certain assets of Cascades Enviropac in Berthierville, Quebec, and will consolidate production at its Saint-François-de-la-Rivière-du-Sud plant, creating 40 jobs. The announcement was dated February 6, 2026.
SLB won two five-year contracts from Petroleum Development Oman to supply wellheads and artificial lift pumps for Block-6, with local manufacturing at Rusayl and Nizwa. The announcement was dated February 6, 2026.
Sellafield Limited appointed a single supplier to manufacture stainless steel and polymer SRP containers and consumables for nuclear material storage under contract C14801. The published total value range is £31.7M to £91.7M, and the award notice was published on February 6, 2026.
Zhejiang Lianda Valve Co. held a groundbreaking for the second-phase workshop of its 100,000-set-per-year smart control valve and pump-valve skid system project in Ruian, Zhejiang. Total investment is about 500 million yuan, with completion planned by May 2027.
Yili Ruian Paper Packaging Co. was recommended as the winning bidder for the rose hydrosol large-box project of Xinjiang Ipar Spice Co. (tender LSZB202601-0059). The result was published on February 6, 2026.
Jiangfeng Electronics plans to acquire a 20.64% stake in Beijing Kede Quartz Co., Ltd. for 590.7 million yuan in cash, making Kede Quartz its controlling subsidiary. Kede Quartz produces quartz glass products for semiconductor and photovoltaic industries.
On February 5, 2026, Tianyu Semiconductor announced a three-year strategic cooperation agreement with South Korean power semiconductor company EYEQ Lab Inc., under which EYEQ Lab will prioritize purchasing SiC epitaxial wafers from Tianyu.
PD Teesport Limited has awarded a framework agreement to Kalmar Limited for the supply and delivery of 28T, 32T, and 45T forklift trucks. The award decision was made on 5 February 2026, with the contract estimated to run from 1 March 2026 to 28 February 2029.
JAC Group and Brembo signed a strategic cooperation agreement on 5 February 2026 to collaborate on braking technologies and software solutions for future vehicle platforms, targeting the Chinese automotive market.
Trane Technologies acquired XYZ Company, a provider of Thermo King parts, service, and equipment sales, on February 5, 2026, for an undisclosed amount. The acquisition strengthens Trane's position in the refrigerated transportation segment.
TransEasy, a medical device company specializing in general surgery, inaugurated its East China Production and Operations Base in the Wuxi National Hi-Tech District on February 5, 2026. The facility represents a total investment of 520 million yuan ($74.92 million) and is expected to reach an annual production capacity of 330,000 sets of medical products.
Bruno Presezzi S.p.A. has completed the acquisition of French company Novelis PAE, a world leader in casthouse technology for aluminum and non-ferrous metals. The acquired company will be renamed PAE Technologies.