Inter RAO Group and General Electric signed a package of agreements to deepen localization of production and service of large gas turbines in Russia. They plan to increase localization of the 6F.03 turbine (up to 88 MW) to 100% and start local production of the GT13E2 turbine (up to 210 MW) at the Russian Gas Turbines plant in Rybinsk.
Atomenergomash, the machine-building division of Rosatom, signed a Memorandum of Understanding with PW Power Systems LLC (USA) at the AtomExpo forum. The MoU covers cooperation in creating small and medium-power gas turbine power plants and potential localization of certain gas turbine components in Russia.
CG Power and Industrial Solutions secured an order worth about ₹900 crore ($99.2 million) from Tallgrass Integrated Logistics Solutions LLC for supplying power transformers for a large-scale data centre project in the United States. This is the largest single order for the company.
Decmil, a subsidiary of Macmahon, was awarded a $120 million contract by Rio Tinto for the West Angelas Sustaining Project in Western Australia's Pilbara region. The contract includes construction of a heavy haulage road and drainage works, starting January 2026 with completion expected in 2027.
ABB announced it will supply its next-generation SF6-free switchgear to E.ON, a major German utility company. The deal covers medium-voltage applications for urban power distribution and renewable energy integration.
Polaris Sewon announced on January 19, 2026, that it signed a contract to supply header condensers for a next-generation large electric vehicle from Korea's largest automaker. Mass production is scheduled to start in 2027, supplying the global market.
L&T Onshore, a division of Larsen & Toubro, secured a contract from Petronet LNG for EPCC of large double-wall storage tanks for LNG, ethane and propane at the Dahej Petrochemical Complex in Gujarat, India. The contract value is between Rs25bn and Rs50bn.
NKT signed final contracts with SSEN Transmission for two 525 kV HVDC power cable systems in Scotland (Western Isles and Spittal to Peterhead). The combined contract value is approximately EUR 2 billion.
Hera Group signed a binding agreement to purchase 100% of STA and related stakes in Sostelia Group companies for an enterprise value of €138 million. The acquisition strengthens Hera's position in industrial and civil water treatment.
EKO-CHEMIA Barbara Dzikowska-Lach has secured a contract from Miejskie Przedsiebiorstwo Wodociagow i Kanalizacji w m. st. Warszawie S.A. for primary-form acrylic polymers. The contract value is 710,000,000 PLN.
Yangsen CNC Equipment Co., Ltd. announced a RMB 550 million investment to build a new CNC manufacturing factory in Jimei District, Xiamen, China. The facility will serve as Phase II Precision Machine Tool Manufacturing Base, covering nearly 100 acres, and is expected to achieve an annual output value of up to RMB 2 billion.
Northern Ireland Electricity Networks awarded a contract to ABB Limited for the supply of 12kV Expulsion Type Fuse Switch Disconnectors. The contract value is anticipated to be up to £1.97 million.
Defence Equipment and Support awarded a five-year, £205 million Engineering Delivery Partnership contract extension to QinetiQ for technical support of the RAF Typhoon fleet. The contract supports 250 jobs across the UK.
Renfe Ingeniería y Mantenimiento awarded a contract valued at 630,938 EUR for the supply of specific chemical products including degreasers, sealants, Loctite, and Sikaflex. The winners include Adalis Industrial Solutions, Antala Industria, and six other companies.
Gästrike Vatten AB awarded a contract valued at 22,741,100 SEK for the design, engineering, delivery, and commissioning of a nanofiltration plant for drinking water softening. The winners are Flootech Oy and Aktiebolaget Ramson.
Mälarenergi AB awarded a contract valued at 21 million SEK for the purchase and delivery of adiabatic coolers. The winners include Aircoil Aktiebolag, LU-VE Sweden AB, Francks Kylindustri i Helsingborg AB, Cofinair Group, and Baltimore Aircoil International.
Ivar IKS awarded a contract valued at 20 million NOK for the supply of electric forklifts and excavators, including service and repair agreements. The contract was awarded to Toyota Material Handling Norway AS and an individual.
Embraer S.A. entered into a definitive agreement to acquire the 50% stake in EZ Air Interior Limited from Safran Cabin Brazil Ltda. The Chihuahua location, employing about 1,100 people, will become wholly owned by Embraer.
Tetra Pak opened its expanded packaging material plant in Binh Duong, Vietnam, adding a production line that raised capacity from 12 billion to 30 billion packages per year. The project cost €97 million and was built from August 2024.
Westport Fuel Systems began production at its new China Hydrogen Innovation Center and Manufacturing facility in Changzhou, China, to make GFI hydrogen fuel system components locally. Initial products shipped in December 2025 and capacity is ramping through Q1 2026.
Westport Fuel Systems started production at its expanded product development and manufacturing facility in Cambridge, Ontario, producing GFI high-pressure fuel system components. Initial products shipped in December 2025 and capacity is ramping through Q1 2026.
United Engine Corporation (ODK) opened a new gas turbine engine compressor production complex at its ODK-Kuznetsov plant in Samara, with an investment of 4.8 billion rubles. The complex doubles the plant's throughput and covers 16,500 square meters.
Valvitalia Group signed a Memorandum of Understanding to establish a joint venture with Saudi FAL Co. LTD, a Saudi process automation operator, as part of its expansion into Saudi Arabia's energy and infrastructure market. The announcement is dated January 19, 2026.
Wujiang Transformer Co., Ltd. has launched a new ultra-high voltage GIS digital intelligent factory project, a provincial major project with a total investment of approximately 4 billion yuan (1.5 billion yuan for phase one). The factory will produce GIS and GIL products up to 1,100 kV, and phase one is expected to generate an additional annual output value of 4 billion yuan.
China Energy Group has announced the winning bidders for the main equipment of its 2x350MW power plant in Bei'an, Heilongjiang. Harbin Turbine Company won the steam turbine and generator contract (296.4 million yuan), and Harbin Boiler Company won the boiler contract (384.6 million yuan).
SASA Polyester has commissioned a new Low-Melt Polyester Fiber production line at its Adana–Seyhan complex in Turkey, with an annual capacity of 52,500 tons. The facility is the first of its kind in Europe and the Middle East and is expected to generate approximately $75 million in annual revenue.
CG Power and Industrial Solutions has secured a landmark export order worth approximately INR 900 crore ($99.2 million) from Tallgrass Integrated Logistics Solutions LLC, USA, to supply power transformers for a large-scale data center project in the United States. Deliveries are scheduled over 12–20 months.
Groupe Atlantic is investing nearly EUR 150 million in a new 35,000 sqm heat pump plant in the Grand Chalon area of Saone-et-Loire, France. The facility will add 180,000 units per year of capacity and create 300 jobs, with production starting at the end of 2025.
Aequs Limited, Accel India VIII (Mauritius) Ltd, and Vagus Defence Tech & Aerospace Fund I formed a joint venture named Ajna Aerospace & Defence Private Limited to enter the unmanned aerial vehicle sector. The JV will focus on IP acquisition, manufacturing, and marketing of UAVs.
Alligator Automations commissioned a new ₹40 crore manufacturing facility in Pune, India, nearly tripling production capacity and enabling 15-20 simultaneous turnkey projects. The plant is expected to create over 400 new jobs and cut delivery timelines by 20%.
Uchampak officially launched construction of a new factory in Shucheng County, Anhui, China, with a total investment of approximately $22 million. The facility covers 3.3 hectares and is designed for paper-based food packaging production.
CG Power and Industrial Solutions secured an order valued at approximately ₹900 crore ($99.2 million) from Tallgrass Integrated Logistics Solutions LLC to supply power transformers for a large-scale data center project in the US. The order will be executed over 12 to 20 months.
Micron Technology signed a letter of intent to acquire Powerchip Semiconductor Manufacturing Corporation's P5 fabrication site in Tongluo, Taiwan, for $1.8 billion. The acquisition includes a 300mm fab cleanroom of 300,000 square feet and is expected to close by Q2 2026.
Altaïr Group invested €3 million to install seven new production lines at its Noyelles-lès-Seclin site, doubling capacity from 10,000 to 20,000 tonnes per year (potential up to 30,000 tonnes). The expansion added Briochin brand production alongside Starwax, creating 50 jobs.
Henkel has announced its planned acquisition of ATP Adhesive Systems, a company serving automotive, building, electronics, medical and graphics markets.
Yicheng Automation held a groundbreaking ceremony on January 16, 2026, for a new plant in Shijie, Dongguan, China. The 16,907 m² facility involves a total investment of about 200 million RMB and will focus on intelligent production lines and R&D centers.
Valeo announced it secured a significant order for battery cooling plates from a leading Chinese NEV startup, with mass production slated for 2026.
Good Year Holding Group commenced construction of the Nansha Good Year Industrial Park in Guangzhou's Nansha district on January 16, 2026. The 40,000-square-meter facility will expand production lines from Shenzhen to Guangzhou, focusing on high-performance composite materials and intelligent decorative surfaces, with mass production expected by end of January 2026.
Sinoma Construction, a wholly-owned subsidiary of Sinoma International, signed an agreement with Canada's Anmeirui for design, procurement and supervision services for a clinker line and alternative fuel system in Canada. The tentative total contract value is 299 million Canadian dollars.
Kyoei Steel announced on January 16, 2026, that it will increase investment in its US subsidiary Vinton Steel in Texas, expanding production capacity by 33,000 metric tons to 330,000 metric tons per year. The steelmaking facility is expected to start in March 2027, and integrated production including rolling is planned for October 2027.
Sherwin-Williams Co. was awarded a $127.5 million indefinite-delivery/indefinite-quantity contract by the U.S. Navy to provide worldwide paints, coatings, solvents, preservation products, and engineering and technical services. The contract has a five-year base period starting Jan. 15, 2026.
Nansen plans to expand its transformer factory in Betim with an additional R$ 270 million investment in 2027, aiming to export to South and North American markets.
Nansen will inaugurate its transformer factory in Betim, Brazil, in April 2026, with an investment of R$ 530 million total (including planned expansion), producing 20,000 transformers per month for the domestic market.
Polykar Industries Inc. is expanding its facility in Edmonton, Alberta, doubling production capacity at the site with a $14.2 million investment.
SEEQC, a developer of digital chips for quantum computing, entered into a definitive merger agreement with Allegro Merger Corp., valuing SEEQC at approximately $1 billion, with a concurrent $65 million PIPE transaction.
Bailey Equipment & Intralogistics acquired Equipment Depot's Washington state operation, marking its entry into the Washington market as an authorized Logisnext dealer for Cat, Mitsubishi, and Jungheinrich forklifts.
IM Medicare has inaugurated a new industrial unit in Sidi Bou Othmane, Rehamna province, Morocco, for producing hypodermic and vaccination syringes. The project involved an investment of 85 million dirhams and will create 70 direct jobs, with an annual capacity of 450 million syringes.
The URGO Group is investing €60 million to build a 35,000 m² factory in Andrézieux-Bouthéon, Loire, France, for medical compression products. The project will create 200 direct and 115 indirect jobs.
TUSAŞ Motor Sanayii AŞ (TEI) plans a capacity increase investment of over 74 million Turkish lira at its Eskişehir campus, targeting a total workforce of 4,500. The project focuses on aircraft and helicopter engine parts manufacturing and maintenance.
TransDigm Group has entered into a definitive agreement to acquire Jet Parts Engineering and Victor Sierra Aviation Holdings from Vance Street Capital for approximately $2.2 billion in cash. The companies are aerospace aftermarket parts suppliers.