Egyptian state-owned Enppi and Petrojet plan to form a joint venture with France's Technip Energies to compete for large-scale engineering projects and expand exports. Completion is targeted for end of June 2026.

Lear Corporation outbid Magna International to win a major supply contract with General Motors at the Orion Assembly plant in Michigan.

Titan Cement Egypt received preliminary approval to increase its long-term production capacity from 4.2 million tons to 5.3 million tons. The company has 18 months to complete technical and regulatory requirements after obtaining official approval.

PSW Group officially opened its High Integrity Diecasting Center (HIDC) at the Magretech plant in Bellevue, Ohio, with a more than $3 million investment. The center focuses on semi-solid casting R&D, engineering, and prototyping for aluminum and magnesium.

Safic-Alcan and SI Group announced a new strategic distribution agreement effective January 1, 2026, for SI Group's phenolic resins and additives for the paints and coatings industry across Europe, the Middle East, and Africa.

Samson Controls (China) won a public tender for 91 self-acting control valves for the CNOOC and Shell Petrochemicals Huizhou Phase 3 ethylene project, with a winning bid of CNY 603,000 including VAT.

Frequency Electronics Inc. received a follow-on contract award valued at approximately $6 million from a major aerospace company for precision compensated Oven-controlled Quartz Oscillators for US Government software-defined radio systems.

Resonetics announced it has signed an agreement to acquire Resolution Medical, a provider of integrated design and manufacturing solutions for complex medical devices. Resolution Medical is headquartered in Fridley, MN, with additional operations in the Netherlands. The acquisition adds capabilities in neuromodulation, structural heart, and interventional cardiology markets.

The U.S. Army Corps of Engineers Norfolk District awarded the Black & Veatch-ZAPATA Joint Venture one of four IDIQ contracts under a MATOC for architect-engineer services in support of the JPEO A&A Modernization Program. The shared capacity of the contract is $240 million.

ABB India Limited secured a material order from Titagarh Rail Systems Ltd to supply 40 six-car trainsets (18 for Line 6 and 22 for Line 5), including traction converters, auxiliary converters, traction motors, and TCMS software. The order was received on January 27, 2026, and will be executed over the next 3-4 years.

RESA Power, a market leader in power systems electrical testing and transformer services, has acquired Société Générale d'Électrotechnique (SGE), a provider of electrical energy solutions based in Quebec City, Quebec. The acquisition gives RESA Power a presence in Quebec and adds in-house manufacturing of medium and high-voltage power transformers.

IBA signed a contract to supply a Proteus ONE compact proton therapy solution to MacKay Memorial Hospital in New Taipei City, Taiwan. The system is expected to start treating patients in 2029.

Meta committed to paying Corning up to $6 billion through 2030 for fiber-optic cable to be used in its AI data centers. Corning is expanding its Hickory, North Carolina facility to accommodate the demand.

Vention raised $110M USD in financing from Investissement Québec, Desjardins Capital, Fidelity Investments Canada ULC, NVentures, and other institutions to accelerate Physical AI research, expand its software platform and global footprint.

Piovan Group entered into binding agreements to acquire Mix&Co (operating under Mix, Comav, and Eurosis brands) and BHT, two Italian manufacturers of machinery and components for processing plants based in Modena and Ferrara provinces.

Hindalco Industries commissioned a 170,000 tonnes per annum flat rolled products and battery-grade aluminium foil manufacturing facility at its Aditya Aluminium complex in Sambalpur, Odisha, India, with an investment of 45 billion rupees.

Hindalco Industries announced a 210 billion-rupee ($2.29 billion) project to expand its aluminium smelter at the Aditya Aluminium complex in Sambalpur, Odisha, India, adding 360,000 tonnes per annum capacity.

Siemens Energy is investing €220 million to expand its transformer manufacturing plant in Nuremberg, Germany, adding 16,000 m² of production space to increase capacity by about 50% and create 350 jobs. The new space is expected to be available in 2028.

Amentum won a suite of new contracts from Électricité de France (EDF) worth up to $730 million to provide specialist services for the UK's existing nuclear reactors and the construction of Hinkley Point C.

Innova Engineered Plastics expanded its Mexicali manufacturing site by purchasing key production assets from SSK, including five injection moulding machines and 10,000 square feet of production space, to meet demand for heavy gauge plastic enclosures.

French car parts supplier OPmobility signed an agreement with South Korean auto parts maker Hyundai Mobis for the potential combination of their lighting businesses, with OPmobility getting a controlling stake in Hyundai Mobis' lighting division. Financial terms were not disclosed.

Anywaves and EmTroniX announced a merger under a unified industrial group, combining their expertise in Space RF & Payload Subsystem Technologies.

CG Power & Industrial Solutions secured a significant ₹900 crore export order from a U.S. data center project, marking entry into the data-center segment.

OPmobility and Hyundai Mobis signed an MoU to explore a potential acquisition of a controlling stake in OPmobility's lighting business, aiming to combine their lighting operations.

Dalrada Technology Group's Spanish subsidiary entered into a subcontract to install heat pump systems at a nursing home in Spain, worth approximately $275,000.

SIA ZAAO awarded a contract for the supply and installation of a packaging sorting line equipment complex, valued at €3.3 million. The tender was published in January 2026.

Saint-Gobain Africa officially launched a new fibre cement manufacturing plant in Ekurhuleni, Gauteng, representing an investment of more than R500 million. The plant will produce fibre cement building materials.

Centre for Process Innovation (CPI) awarded Logisnext UK Limited a framework agreement for the lease and hire of materials handling equipment, including forklift trucks, across multiple UK sites. The total framework value is up to £372,000.

Putailai (Shanghai Putailai New Energy Technology) announced it will acquire a 5% stake in Ruyuan Fluororesin from Ningbo Zhaoru for CNY 240 million, increasing its ownership from 55% to 60%.

Sailun Group announced a Yuan2.1 billion (€250 million) expansion at its tire factory in Demak, Central Java, to double passenger car tire capacity to 6 million units per year and increase truck & bus tire capacity to 750,000 units per year. The project will be completed in 21 months.

PT Tata Metal Lestari has begun construction on its second Continuous Galvanizing Line (CGL 2) in Purwakarta, West Java, as part of a Rp 1.5 trillion (US$89 million) expansion. The new line will add 250,000 tonnes of coated steel capacity per year and create around 350 jobs.

Hanwha Ocean signed a binding MOU with Algoma Steel Inc. to provide up to USD $250 million to support facility development and procurement of Canadian-made steel for submarine construction and MRO infrastructure.

Three ANDRITZ spunlace lines in crosslapped configuration have been commissioned at Alar Silk Road New Materials' facility in Aral City, Xinjiang, China, strengthening capacity for nonwovens production.

The Adecco Group's Akkodis acquired Synergeticon, a German company specializing in AI and automation solutions for industrial applications and the aerospace sector. Financial terms were not disclosed.

Massilly North America will invest CAD 85 million in a new Brantford, Ontario facility making three-piece metal cans for food packaging, with coil cutting, creating 50 jobs. The Ontario government is providing CAD 5 million through the Ontario Together Trade Fund.

Freudenberg Flow Technologies acquired Aberdeen-based Balmoral Comtec, a supplier of buoyancy, cable protection and thermal insulation for offshore oil, gas and wind, effective May 19, 2026. The purchase price was not disclosed.

Massilly North America will invest C$85 million to establish a new metal can manufacturing facility in Brantford, Ontario, with new production lines, creating 50 new jobs and sustaining 228 existing jobs. The Ontario government is providing C$5 million in funding.

Samson Controls (China) won a public tender for 91 self-acting control valves for the CNOOC and Shell Petrochemicals Huizhou Phase 3 ethylene project, with a winning bid of CNY 603,000 including VAT. The award was published on January 27, 2026.

Royal Van Leeuwen signed an agreement on January 16, 2026 to acquire C+R HYDRAULICS GmbH, a Munich-founded hydraulic products supplier with revenue above EUR 40 million and about 45 staff. Completion is expected by end of February 2026, subject to regulatory approval.

Massilly North America will invest $85 million in a new facility in Brantford, Ontario, to produce food cans with coil cutting and three-piece can lines. The project creates 50 new jobs and sustains 228 existing ones, with $5 million in support from the Ontario government.

Bosch Rexroth and Xi'an IF Intelligent Equipment signed an agreement to establish a joint venture to develop and market electromechanical actuators (EMAs) for the global off-highway market. The agreement was signed on January 26, 2026, in Xi'an.

Bosch Rexroth and Xi'an IF Intelligent Equipment signed a joint venture agreement on January 26, 2026, to develop and sell electromechanical actuators for off-highway vehicles globally. The JV will focus on development, application and final assembly of EMA products.

TE Connectivity and Inovance signed a strategic cooperation agreement on January 26, 2026, to collaborate on industrial automation, including predictive maintenance, digital factory upgrades, and AI-driven industrial applications.

Bosch Rexroth and Xi'an IF Intelligent Equipment signed an agreement on January 26, 2026 to form a joint venture to develop and market electromechanical actuators for off-highway vehicles globally. The JV will be headquartered in Shanghai with production in Xi'an, subject to regulatory approvals.

As part of the deal with Hanwha Ocean, Algoma Steel will build a new beam mill in Sault Ste. Marie, Ontario, for $275 million.

Algoma Steel signed a $345 million deal with Hanwha Ocean, predicated on the Korean firm winning a Canadian submarine contract. The deal includes $275 million for a new beam mill in Sault Ste. Marie and product purchase pledges.

Bosch Rexroth and Xi'an IF Intelligent Equipment signed a joint venture agreement to develop and sell electromechanical actuators for off-highway vehicles globally. The JV will be based in Shanghai.

OptiCept Technologies AB updated and deepened its collaboration with FPS Food Process Solutions. FPS commits to manufacturing, financing, and stocking at least 15 CEPT generators and three OPTICEPT PEF systems, enabling immediate deliveries.

JLL Partners has acquired PowerParts Group, a provider of mission-critical replacement parts and field services for gas and steam power turbines. PowerParts Group operates through subsidiaries STAR Turbine and Thor Precision. Financial terms were not disclosed.

Tide Rock Holdings has acquired Analog Technologies, a Burnsville, Minnesota-based provider of high-mix, low-volume electronic manufacturing services for mission-critical applications. Financial terms were not disclosed. Analog Technologies will operate in close collaboration with Tide Rock's portfolio company Pro-Active Engineering.