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.
Wittenstein SE plans to acquire a majority stake in STXI Motion Ltd., a provider of standardized drive systems. The contract has been signed and the deal is expected to close on April 1, 2026, subject to antitrust approval.
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.
Infineon Technologies agreed to acquire the non-optical analog/mixed-signal sensor portfolio from ams OSRAM Group for €570 million. The acquired business is expected to generate ~€230 million revenue in 2026, and around 230 employees will join Infineon. The transaction is expected to close in Q2 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.
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.
GE Vernova completed the acquisition of the remaining 50% stake of Prolec GE from Xignux for $5.275 billion, consolidating the joint venture after 30 years. Prolec GE manufactures transformers and transformer components for the electricity grid.
Mears Machine Corporation was awarded a 10-year long-term supply agreement with a major U.S. defense OEM to manufacture critical hardware for existing and next-generation airframe programs. The agreement is expected to generate approximately $100 million in revenue during the first three years.
IHC Mining was awarded a contract by STRACON Engineering to supply slurrification and dewatering equipment for the removal of gypsum sludge from the Pérez Caldera Tailings Storage Facility at Anglo American Sur's Los Bronces copper mine in Chile. The equipment includes four amphibious mining slurrification units, booster pumps, and a densification plant.
Day & Nite announced a strategic partnership with Alvarez & Marsal Capital and a simultaneous merger with AmeriServe to create Day & Nite AmeriServe, a provider of HVAC, refrigeration, and foodservice equipment services. The deal creates a platform serving the East Coast, Southeast, and Texas markets.
ADF Group announced a series of new contracts in Quebec, Ontario, and U.S. West Coast states valued at $140 million for steel fabrication and installation. Projects span public transportation, commercial, industrial, manufacturing, and hydroelectric sectors. Fabrication is scheduled to begin in June 2026.
Hadrian celebrated the opening of Factory 3, a 290,000-square-foot automated manufacturing facility in Mesa, Arizona, for precision aerospace and defense components. The $200 million plant is expected to create 350 jobs and is already in production.
Rieter has completed the acquisition of Barmag as of February 2, 2026. Barmag will be integrated into Rieter's Man-Made Fiber division, making Rieter a leading system provider for natural and synthetic fibers.
Advanced Drainage Systems has completed the acquisition of National Diversified Sales, the water management business of Norma Group SE. The deal expands ADS's water management offering into residential and irrigation segments.
SUEZ has been awarded a contract by the Drainage Services Department of Hong Kong to supply a sludge dewatering solution for the relocation of the Sha Tin Sewage Treatment Works to caverns. The project is scheduled for completion in 2030.
Boeing expanded its agreement with Ferra Engineering to manufacture munitions wing kits for the P-8A Poseidon aircraft, extending a 17-year partnership and setting up a local production line in Australia.