Groupe CEME acquired Groupe Ovalt, a French industrial process and technology solutions company, on February 3, 2026. Ovalt has 500 employees and reported €63 million in revenue in 2025.

Euricom has entered into binding agreements to acquire Ebly, a joint venture between Mars Food & Nutrition and Axereal, for an undisclosed sum. The deal includes the Ebly brand and its production facility in Chateaudun, France, which has a capacity exceeding 100 million units per year.

ZF Friedrichshafen secured a long-term supply contract with BMW for the delivery and further development of the eight-speed automatic transmission (8HP), with a focus on electrified drives, running until the late 2030s. The order is worth several billion euros.

Gefran announced the start of construction for a new production and technology hub in Provaglio d'Iseo, Italy, with a total investment of €20 million. The facility will cover 13,000 square metres and become the new Group headquarters.

Siemens Energy is investing up to $300 million to construct a new manufacturing facility in Pearl, Mississippi, to produce electrical grid components, creating up to 300 jobs. The expansion is part of a $1 billion U.S. manufacturing investment.

Xcel Energy and GE Vernova signed a Strategic Alliance Agreement covering a Reservation Agreement for five F-class gas turbines and a Capacity Reservation Agreement for multiple gigawatts of wind turbines, plus grid equipment collaboration.

Leone Rock Metal Group awarded Metso an order to supply minerals processing equipment for the Phase III 30-million-tonne magnetite concentrator at the Tonkolili iron ore project in Sierra Leone. The order value is undisclosed.

Siemens Energy announced a $421 million expansion across North Carolina, including expanding its large power transformer manufacturing facility in Charlotte and increasing service capacity. The expansion will create 500 new jobs statewide. The company is also expanding generator capacity and resuming gas turbine manufacturing in Charlotte after a six-year pause.

XCMG unveiled two super large battery electric machine prototypes at its manufacturing base in Xuzhou, China: the XC9260BEWL battery electric wheel loader and XC9260BEWD battery electric wheel dozer. The machines will be shipped to Fortescue's iron ore mining operations in the Pilbara, Western Australia for field testing.

Safran Landing Systems Services Singapore, a joint venture with Singapore Technologies Engineering, is expanding its production base in Singapore with an SGD 22 million investment. The expansion adds approximately 7,500 square meters at 22 Loyang Way and is expected to be completed by September 2026. The company plans to hire about 100 new employees in Singapore by 2030.

TMT Widni Oy, a Finnish vehicle component group within Axel Johnson International's Transport Solutions business group, has acquired a majority shareholding in RST Steel Oy, a Finnish manufacturer of bull bars and light bars for commercial vehicles. RST Steel Oy employs 39 people.

Ulefos Holding AS and Furnes Jernstøperi AS have established a new industrial partnership through a jointly owned company, CK Partners AS, to strengthen Nordic manufacturing of water and wastewater infrastructure products. The partnership combines three foundries into one coordinated production system.

Neways has started production and delivery of critical sub-systems for Saab's UTAAS integrated sight and fire control systems for BAE Systems' CV90 infantry fighting vehicles. The deliveries are from Neways' new 22,000-square-meter production facility in Slovakia.

Reusable packaging maker Orbis has acquired Robinson Industries, adding thermoforming capabilities and expanding production capacity in the US automotive region near Detroit. Robinson Industries operates two sites in Coleman, Michigan, and employs around 100 people.

Fons Technology International secured a contract with a leading cement producer in Libya to supply a Fons Delta clinker cooler (1,500 tpd) and a rotary kiln outlet seal for the Libyan Cement plant.

The Voronezh Aircraft Plant (VASO), a branch of PJSC Ilyushin, will establish a centre for producing nacelles and pylons for aircraft engines at its existing site in Voronezh, hiring about 500 workers and installing over 40 pieces of equipment, with launch planned for Q1 2027.

Ibiden Co., Ltd. announced a capital investment plan of approximately JPY 500 billion over fiscal years 2026-2028 to expand production capacity for high-performance IC package substrates, primarily for AI servers. The first phase includes JPY 220 billion for the Gama Plant and other sites, with mass production starting from fiscal year 2027.

Givaudan announced a USD 110 million investment to build a new fragrance compounding facility in Pedro Escobedo, Mexico.

Sika opened a new manufacturing site in Tanzania as part of its global expansion.

Sika opened a new manufacturing site in Bangladesh as part of its global expansion.

Sika opened a modern manufacturing site in Cali, Colombia, to produce mortars, tile adhesives, interior wall finishing, acrylic coatings, and concrete admixtures.

Sika inaugurated a new manufacturing facility in Puerto Tirol, Chaco, Argentina, to produce dry mortar products for the Northeast region. This becomes Sika's eighth production facility in the country.

Sika opened a new state-of-the-art concrete admixture facility in Haines City, Florida, to produce a full range of concrete performance technologies. The plant is expected to reduce carbon emissions by approximately 8,000 tons by 2032.

The Investment Committee of the Donetsk People's Republic approved a project to create an enterprise 'Donetskgormash' on the basis of an existing machinery plant, with investments of over RUB 358 million, to produce mining equipment including shearers, conveyor and hoisting equipment, pump stations, and hydraulic systems. Implementation is planned by 2033.

The Investment Committee of the Donetsk People's Republic approved a project to build a machinery plant 'Vistek' in Donetsk with investments of RUB 970 million, to produce equipment for mining, metallurgy, transport, and energy sectors. Implementation is planned by 2031.

Medtronic announced it will exercise its option to acquire CathWorks, a medical device company, for up to USD 585 million. The deal follows a 2022 strategic partnership and aims to bolster Medtronic's interventional cardiology portfolio.

FORVIA, an automotive technology supplier, announced a business win exceeding USD 1 billion from a major European automaker, encompassing new and extended partnerships across automobile components, powertrain systems, and safety technologies.

Symal Group Limited proposes to acquire 80% of the entity that will own the business, assets and related entities of Davison Earthmovers, a South Australian civil contractor. The acquisition was approved by the ACCC on 24 February 2026.

Packrite is investing $12 million to upgrade its High Point, North Carolina facility, adding a state-of-the-art printing press and creating 10 to 15 new jobs by April 2026.

As part of its $1 billion US investment, Siemens Energy will construct a new factory in Mississippi to build essential grid components.

Siemens Energy is investing $1 billion to expand production of grid and gas turbine equipment across North Carolina, Alabama, New York, Texas, and Florida, and build a new switchgear plant in Mississippi. The investment will create over 1,500 jobs.

Runfeng New Materials, a subsidiary of China Resources Building Materials Technology, entered into four engineered stone supply contracts with Runcao E-commerce on February 3, 2026, following five similar contracts signed on January 30, 2026. The annual caps for 2026 and 2027 remain at RMB 50 million each.

Sid Harvey Industries, Inc., a national distributor of HVAC/R equipment, acquired W.L. Engler Company, an HVAC distributor serving the Chicago and Kankakee, Illinois markets. Both W.L. Engler locations will remain open with the same staff.

Salica Investments sold Bluewater Bio, a provider of advanced water and wastewater treatment technologies, to Verdane and Scott Capital Partners via Aquavest. Terms were not disclosed.

SKF India (Industrial) announced a Rs 653 crore investment to establish a next-generation digital 'Factory of the Future' campus in Pune, Maharashtra. The facility is expected to be ready by 2030.

Siemens Energy announced a $64 million investment to upgrade its compressor and parts factory in Painted Post, New York, to improve safety, efficiency and production capacity, announced 3 February 2026.

Torishima Pump Mfg received an order from Kawasaki Heavy Industries for high-flow liquid hydrogen pumps with superconducting motors for the Kawasaki LH2 Terminal in Japan, announced 3 February 2026.

Veritiv Operating Company has acquired Pack4, LLC, a Boston-area distributor and fabricator of custom protective packaging with facilities in Lawrence, Massachusetts and Puerto Rico. The deal, announced February 3, 2026, expands Veritiv's presence in New England.

The US Air Force awarded Front Porch Enterprises of West Allis, Wisconsin a contract worth $189,762.20 for fast packs and fiber board at AMARG in Arizona. The award was dated February 3, 2026.

The US Air Force awarded MIL-SPEC Packaging of GA a contract worth $51,984 for fast packs and fiber board at AMARG in Arizona. The award was dated February 3, 2026.

GE Vernova completed the purchase of the remaining 50% stake in Prolec GE, its joint venture with Xignux, for $5.275 billion on February 2, 2026, gaining full ownership of the largest transformer manufacturer in North America.

LMT Tools India, a subsidiary of the Germany-based LMT Group, inaugurated the expansion of its manufacturing facility in Chakan, Pune, on February 2, 2026. The expansion increases production capacity by 60%, making it India's largest gear-cutting tool manufacturing plant.

Eiffage Énergie Systèmes, through its German subsidiary Salvia, completed the 100% acquisition of HTW Ingenieure GmbH, an engineering consultancy based in Düsseldorf, Germany. HTW generated nearly €10 million in revenue in 2024.

A groundbreaking ceremony was held on 2 February 2026 for the Chibabawa Cement Plant project in Mozambique, designed to produce about 1 million tons of cement annually. The project has investment support of more than $280 million and is expected to be completed in 2027.

ExxonMobil's third chemical recycling plant in Baytown, Texas, is now operational with a processing capacity of about 250 million pounds per year.

Kawamura Electric Industries signed a share transfer agreement on February 2, 2026 to acquire an additional 64% of ANH THY JOINT STOCK COMPANY, a Vietnamese switchboard manufacturer, bringing its total ownership to 100% and making it a subsidiary.

Kwalyti Tool & Machinery, a provider of refurbished packaging machinery, has acquired Multisource PRP, a packaging machinery and parts provider specializing in programming, controls, and electrical integration. The deal creates a combined packaging machinery partner for North American manufacturers.

Shandong Dawn Polymer Material Co., Ltd. plans to acquire the plastic and engineering plastic compound business of South Korean Hwaseung Chemical in Vietnam through its Singapore subsidiary for a provisional transaction value of $15.737 million. The acquisition will give Dawn Polymer localized production capabilities in Vietnam.

Hyundai Mobis announced it secured USD 9.17 billion in orders from global automakers (excluding Hyundai Motor and Kia) in 2025, exceeding its target of USD 7.45 billion by 23%. Orders were driven by Battery Systems Assembly, chassis modules, and next-generation HMI and sound systems.

NRW Holdings was awarded a AU$175 million bulk earthworks contract by Rio Tinto for a project in Western Australia.