Machine Tools, Metalworking and metallurgy
Financial Report July - September 2026
STOCKHOLM, Oct. 23, 2026 /PRNewswire/ -- Q3 2026: Solid performance in a tough environment Financial highlights Q3 2026 $2,693 million net sales, a decrease of 0.5% 1.1% organic sales decrease* 9.4% operating margin, 9.7% adj. operating margin* $2.13 diluted EPS, a 6.8% decrease Full year 2026 g...
Volvo Cars Q3 2026: taking decisive action to navigate a very tough environment
GOTHENBURG, Sweden, Oct. 23, 2026 /PRNewswire/ -- Volvo Cars today reports an operating income, excluding joint ventures & associates and items affecting comparability, of SEK -3.7 billion and a corresponding EBIT margin of -5.6 per cent for the third quarter of 2026. The result reflects a furthe...
Frost & Sullivan: Grid Constraints Emerge as the Binding Limit on Industrial Heat Electrification
With all five core technologies now commercially proven, connection queues and financing conditions have replaced equipment readiness as the main brake on deployment CUPERTINO, Calif., Oct. 22, 2026 /PRNewswire/ -- The technologies required to electrify industrial process heat are no longer the ...
Arclin Announces Strategic Expansion of Nomex® Manufacturing Capacity
Multimillion-dollar investment in Asturias will strengthen supply chain
resilience and support growing demand for Nomex® paper across aerospace,
electrical infrastructure, electric vehicle (EV), defense, and other critical
markets
ALPHARETTA, Ga., Oct. 22, 2026 /PRNewswire/ -- Arclin
Nexteer Expands Brazil Footprint with New Camaçari Facility Supporting BYD Production
CAMAÇARI, Brazil, Oct. 22, 2026 /PRNewswire/ -- Nexteer Automotive today announced the opening of its new assembly facility in Camaçari, Bahia, Brazil. The facility, which began production in early October 2026, expands the Company's manufacturing footprint in South America and strengthens its pr...
SKF strengthens industry engagement through joining industrial alliance Nordic Compass
GOTHENBURG, Sweden, Oct. 22, 2026 /PRNewswire/ -- Around 20 percent of global energy is used to overcome friction. As a company built on reducing friction, SKF sees significant opportunities to improve industrial productivity, energy efficiency and competitiveness through innovation and collabora...
SKF Q3 2026: Improved margin and selectively higher demand
GOTHENBURG, Sweden, Oct. 21, 2026 /PRNewswire/ -- Comments and figures in this report refer to SKF Group's continuing operations unless otherwise stated. The Automotive segment is reported as discontinued operations and as assets/liabilities held for distribution. The income statement and cash fl...
CATL Unveils Dual-Electric Range Extension Battery to Accelerate Electric Heavy-Duty Truck Adoption
BEIJING, Oct. 20, 2026 /PRNewswire/ -- CATL today unveiled the innovative dual-electric range extension battery and the latest generation of heavy-duty battery-swapping solution to accelerate the electrification of road freight transportation. Competition in electric heavy-duty trucking is movin...
Hindustan Zinc Reports Record Q2 Net Profit of US$ 671 Million, Up 142% YoY; Highest-Ever Quarterly EBITDA Driven by Lower Zinc Cost of Production
UDAIPUR, India, Oct. 20, 2026 /PRNewswire/ -- Hindustan Zinc Limited, the world's largest integrated zinc producer and among the top 10 silver producers globally, delivered a record second-quarter performance in FY27. The company reported highest-ever quarterly revenue from operations of US$ 1,57...
SI Group Announces CEO Leadership Transition
Marcello Boldrini Named Chief Executive Officer; David Bradley Departs
Following Successful Tenure
THE WOODLANDS, Texas, Oct. 20, 2026 /PRNewswire/ -- SI Group
Lindian Resources' Kangankunde Rare Earths Project Advances Towards December First Production
PERTH, Australia, Oct. 16, 2026 /PRNewswire/ -- Lindian Resources Limited (ASX: LIN) ("Lindian") is pleased to provide an update on construction, mining activities and commissioning readiness at its Kangankunde Rare Earths Project in Malawi, as construction advances towards commissioning and firs...
Minesto reaches industry-leading 48-hour service turnaround, supporting competitive LCOE
GOTHENBURG, Sweden, Oct. 15, 2026 /PRNewswire/ -- Minesto has validated its industry-leading service turnaround capability as upgraded Dragon 4 tidal power plant returned to operation in only 48 hours following its latest service intervention, demonstrating a unique service concept that delivers ...
Zoomlion Advances Digital Standards Management to Support Innovation and Global Compliance
CHANGSHA, China, Oct. 15, 2026 /PRNewswire/ -- Zoomlion Heavy Industry Science & Technology Co., Ltd. ("Zoomlion") marked World Standards Day by highlighting its work tointegrate technical standards into product development and strengthen compliance across international markets. By combining stan...
Novelis Zhenjiang Named Airbus Quality Champion
Industry-leading quality and delivery performance recognized by Airbus; facility also achieves Aero Excellence Bronze status SHANGHAI, Oct. 15, 2026 /PRNewswire/ -- Novelis Inc., a leading sustainable aluminum solutions provider and the world leader in aluminum rolling and recycling, today anno...
Bulgin Introduces 6000 Series Hybrid Buccaneer Connectors for Power and Signal Connectivity
New rugged connectors combine power and signal contacts in a single compact
interface for space-constrained applications
CAMBRIDGE, England, Oct. 15, 2026 /PRNewswire/ -- Bulgin
Laminar Wins the 2026 ADS Supplier Partner of the Year Award in the Equipment and Service Category
Dressings and sauces manufacturers recognize Laminar's Process-Aware Autonomy
for unlocking production capacity, safeguarding quality control, and delivering
measurable productivity and sustainability gains
BOSTON, Oct. 14, 2026 /PRNewswire/ -- Laminar
NABEP Boosts Operations with New Workover and Drilling Rigs
CARACAS, Venezuela, Oct. 14, 2026 /PRNewswire/ -- Eleven new 550-horsepower workover rigs are being deployed for use by North American Blue Energy Partners (NABEP), marking the first time in more than 15 years that new mobile repair-and-maintenance systems will operate in Venezuelan oil fields. ...
Global 300mm Fab Equipment Spending to Reach $227 Billion in 2029 as Buildout Accelerates, SEMI Projects
U.S. Construction Pipeline Expands Amid Strong Global 300mm Investment SAN FRANCISCO, Oct. 13, 2026 /PRNewswire/ -- SEMICON West -- Global 300mm front-end fab equipment spending is projected to reach $149 billion in 2026, up 31% year-over-year, SEMI reported today in its latest300mm Fab Outlook ...
Beyond Equipment Rental: Why Technical Support Matters More on Today's Construction Sites
Aly Energy Singapore highlights the role of equipment selection, maintenance and responsive after-sales support alongside flexible rental solutions SINGAPORE, Oct. 13, 2026 /PRNewswire/ -- For construction companies, renting a machine is only one part of getting the job done. The equipment must ...
LGMG Showcases Ultra-Fast Charging and Integrated Energy Solutions for Mining Electrification
Live demonstration highlights technologies designed to reduce diesel dependence and maintain mine productivity ORDOS, China, Oct. 13, 2026 /PRNewswire/ -- LGMG showcased electric mining equipment, ultra-fast charging and integrated energy management at its inaugural Global Mining Customer Servic...
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