IPG Photonics Corporation has entered into a binding offer to acquire Lumibird Medical for a purchase price of €300 million on a cash-free, debt-free basis, with an additional contingent earnout of up to €50 million. The acquisition is expected to create a scaled medical laser platform and be accretive to gross margin, EBITDA, and adjusted EPS.
COFCO Coca-Cola North China Beverage Co., Ltd. has awarded a contract for a new 120,000 can line capper project to Guangdong Sailifu Intelligent Equipment Co., Ltd. with a bid of 983,100 yuan. The project is located in Hebei Langfang.
The City of Winnipeg awarded a contract worth $815.48 million to Red River Biosolids Partners to build new Biosolids Facilities at the North End Wastewater Treatment Plant (NEWPCC). Construction is expected to start in the coming weeks, with biosolids treatment anticipated to begin in October 2030 and substantial completion in March 2031.
Hanmi Semiconductor is reviewing plans to build an eighth factory next to its seventh plant under construction in Incheon. The proposed facility would cover more than 16,500 square meters, making it the company's largest production site.
TSMC plans to invest an additional $100 billion in its semiconductor manufacturing facilities in Phoenix, Arizona.
Valmet has received an order from Suomen Biovoima Oy to deliver a Valmet DNAe Distributed Control System for a CO2 liquefaction plant at Auris Energia's biogas facility in Mäntsälä, Finland. The plant will capture, purify and liquefy CO2 for reuse in industrial applications.
Qingdao Bosida Packaging Machinery Co., Ltd. has won a contract to supply and install a tray-less reciprocating packaging machine for Yangzhou Yechun Food Production and Distribution Co., Ltd. The contract value is RMB 295,000.
SteelFab, Inc. is expanding its operations in Florence County, South Carolina, with a second steel fabrication facility. The $38.925 million investment will create 108 new jobs and produce fabricated steel parts for U.S. naval defense purposes.
BASF has inaugurated a new production plant in Düsseldorf, Germany, to produce specialty emollients for skin care and sun protection products. The investment is in the mid double-digit million-euro range and expands capacity for the European and global cosmetics market.
Mitsubishi Electric announced it will spend $1.4 billion to acquire PCI Energy Solutions, whose platform manages about 60% of U.S. power generation. The transaction is expected to close by the end of 2026.
Compañía Española de Tabaco en Rama (CETARSA) awarded a contract to PALM PACKAGING BILBAO S.L. to supply 45,000 C48 AC ND boxes for tobacco packaging in Cáceres for EUR 602,100, with the award dated 16 July 2026.
Exotic Automation & Supply, a US fluid power distributor with nineteen stores, announced a merger with Value Added Distributors, a Wisconsin-based Parker Hannifin distributor with 18 facilities across the Midwest and Southern US.
Tianjin Tanggu No.1 Valve Co. (TVI) was awarded a framework supply contract worth RMB 9.4511 million by China Railway Water Group for valves and fittings for water and wastewater projects in Northwest China.
Morocco's Competition Council received notification of a joint control acquisition of Caiba SA, after its merger with Nosoplas SLU, by Portobello Capital Gestión, Cobega and Sonab. Third-party observations are due by July 27, 2026.
Jenson & Nicholson Packaging signed a land lease with the Bangladesh Economic Zones Authority to build a new manufacturing facility at the National Special Economic Zone, an investment of about US$13.7 million.
Minhan Paper Joint Stock Company awarded ANDRITZ a contract to supply a complete OCC recycling line for its paper mill in Hung Yen province, Vietnam, with start-up planned for the first half of 2027. Financial terms were not disclosed.
Detpak USA, a subsidiary of Australia's Detmold Group, will open its first US manufacturing operation in Spartanburg County, South Carolina, at a 175,000 square-foot facility on New Cut Road. The multi-million-dollar investment will create over 50 jobs, with operations expected online in August 2026.
ACR, backed by Oridian Capital Partners, has acquired RediBagUSA, a New Hyde Park, New York supplier of reusable retail bags, paper products and packaging. No financial terms were disclosed, and RediBagUSA's CEO will remain involved.
Sichuan Jingkong Valve Manufacturing is building a 271 million yuan smart flexible valve production facility in Guanghan, Sichuan, covering about 26,000 square meters with five new automated lines for oil and gas pipeline valves. The project is expected to enter operation around October 2026 and reach annual output above 600 million yuan.
Danfoss Kereskedelmi Kft. was awarded a contract by BKM Budapesti Közművek Nonprofit Zrt. for the supply of heat exchangers for district heating over 36 months. The contract value is HUF 32,822,566, awarded on July 15, 2026.
Dalmia Bharat Limited laid the foundation stone for its second manufacturing unit in Kadapa, Andhra Pradesh, with an investment of ₹3,100 crore. The integrated facility will have a clinker capacity of 6.1 MTPA and cement capacity of 9.6 MTPA, and is expected to be commissioned by Q3 FY28.
MULTIVAC Group officially opened its new Factory 2 at its headquarters in Allgäu, Germany, after a two-year construction period. The 27,500 sqm facility includes a manufacturing plant, logistics center and offices, with an investment of €60 million in the building and €40 million in technology. The logistics center began operation in September 2025 and the production hall in February 2026.
Keba, an Austrian technology group, has signed an agreement to acquire Transtechnik SAS, a French automation and mechatronics company. The purchase price is undisclosed, and the acquisition is expected to close in fall 2026, subject to regulatory approvals.
AVEVA has integrated Crosser’s industrial edge DataOps technology into CONNECT, extending the platform’s real-time data contextualization, edge analytics, and automation capabilities.
MULTIVAC Group inaugurated its new Factory 2 at its headquarters in Wolfertschwenden, Germany, after a two-year construction period. The 27,500-square-meter facility includes a manufacturing plant, logistics center, and offices, with a total investment of €100 million.
IMA Group has agreed to sell a majority stake in ATOP S.p.A., an Italian specialist in automated production lines for electric motors, to a vehicle advised by Lichtenberg Capital. IMA will retain a minority stake and continue as an industrial partner.
BIOTRONIK Neuro acquired a portfolio of intellectual property related to spinal cord stimulation from Soin Neuroscience. Financial terms were not disclosed. The acquisition builds on a prior research collaboration announced in December 2025.
Lockheed Martin received a $1.6 billion firm-fixed-price order from the U.S. Navy for initial spares for F-35 production aircraft. Work will be performed in Fort Worth, Texas, and is expected to be completed by September 2033.
Beijing TINAVI Medical Technologies has signed a letter of intent to acquire a controlling stake in Shanghai MicroPort Orthopedics Medical Technology Co., Ltd., a subsidiary of MicroPort Scientific Corporation, to gain control over MicroPort's overseas orthopedic business assets. The transaction will be conducted through share-based payment.
China Jushi's wholly-owned subsidiary Jushi Group Co., Ltd. plans to build a 250 million-meter-per-year electronic fabric production line. The project has a total investment of 2.405 billion yuan and a construction period of 1.5 years.
ABB has won a contract from ENGIE Australia to modernize the distributed control system at the Pelican Point Power Station in South Australia. The upgrade will replace existing Advant controllers with ABB's AC 800M controller for one gas turbine and the steam turbine.
ABB has won a contract from ENGIE Australia to modernize the distributed control system at Pelican Point Power Station, a gas-fired plant in South Australia. The project will upgrade existing controllers to ABB's AC 800M controller for one gas turbine and the steam turbine.
Amazon has entered an agreement with Electrovaya whereby Amazon receives warrants to buy over 20% of Electrovaya's shares, vesting as Amazon purchases up to US$280 million in batteries over the next decade. The batteries are used in forklifts.
Willdan Group has been awarded a $31 million design-build contract by Encina Wastewater Authority to deliver a renewable cogeneration project in Carlsbad, California. The project will use biogas from wastewater treatment to produce on-site electricity and includes a battery energy storage system.
Sioen Industries won a 15-year, EUR 150 million contract from the Dutch police to supply new ballistic and stab-resistant vests for nearly 40,000 officers. Production is expected to start in 2027.
Groupe PIGEON acquired BME (Béton et Matériaux de l'Erdre), a ready-mix concrete company from the Guimard Bétons group, to strengthen its presence in Loire-Atlantique, France.
ADC Aerospace, a manufacturer of turnkey die-cast parts for aerospace and defense, acquired Hyatt Die Cast & Engineering Corporation, a maker of aluminum and zinc die castings. Terms were not disclosed.
Aquatech announced it will acquire Metito Chemical Solutions (METICHEM), a UAE-based provider of water treatment chemicals and O&M services, expanding its water lifecycle solutions in the Middle East, North Africa, and Southeast Asia.
Entergy and Mitsubishi Heavy Industries Group companies signed a memorandum of understanding to develop a roadmap for reducing costs of integrated gas turbine combined cycle and carbon capture and storage projects at Entergy's power generation sites.
WACKER officially opened a new production site for silicones in Karlovy Vary, the company's second site in the Czech Republic. The site will produce room-temperature-curing silicones and solid silicone rubber.
Colruyt is selling a 70% majority stake in its in-house developed autonomous pallet truck R&D activities to German forklift specialist KION. Colruyt will retain a 30% stake, and its innovation team will continue to steer developments.
TRUMPF has signed an agreement to acquire Mate Precision Technologies, a global leader in metal cutting and forming products and solutions. Mate will continue to operate independently under its existing brand.
International technology group Andritz has been commissioned by Magic S.p.A. to supply a new food pad eXcelle line, including state-of-the-art airlaid technology. Commissioning of the new production line is scheduled for the first quarter of 2027.
Norwegian construction company Overhalla Betongbygg has secured a NOK 55 million (EUR 5m/USD 5.7m) contract to supply prefabricated concrete elements for First Water's land-based salmon farm in Iceland. The delivery will form the final part of the first development phase at First Water's site in Þorlákshöfn.
ABB announced the acquisition of Advantics, a French provider of Silicon Carbide-based power conversion solutions, to expand its Direct Current portfolio for data centers, industrial microgrids, power generation and EV infrastructure. Financial terms were not disclosed; the transaction is expected to close by Q4 2026.
Romagnole Produtos Elétricos SA announced the acquisition of 100% of TAP Eletro Sistemas, a Brazilian company specializing in automation and voltage regulation technologies for the electrical sector. The acquisition strengthens Romagnole's solutions portfolio in Brazil and South America.
Jeanologia has expanded its production facilities in Sant Quirze del Vallès, Spain, and Izmir, Turkey, to triple capacity for manufacturing water treatment systems. The company aims to install 84 water processing plants over three years, targeting 12% revenue growth in 2026.
Commercial Syn Bags Ltd commenced commercial production at its expanded Unit-Techtex facility in the Indore Special Economic Zone, Pithampur, Madhya Pradesh, India. The expansion adds 1,500 MTPA capacity with an investment of ₹5.00 crore.
Dalmia Bharat Limited laid the foundation stone for a new integrated cement manufacturing unit in Kadapa, Andhra Pradesh, India. The ₹3,100 crore facility will use over 80% renewable power and create around 1,000 jobs.
Aliplast (Hera Group), through its Polish subsidiary Aliplast Polska, signed a binding agreement to acquire 70% of Kronos Polymer Polska, a new company formed by spin-off from Kronos Polymer. The acquisition includes a polyethylene recycling plant in Gniew, Poland, with a capacity of 12,000 tonnes per year.