Manufacturing & Industrial Technology

Nedap Q3 Revenue Rises 7% as Recurring Revenue Climbs 17%

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Nedap Q3 Revenue Rises 7% as Recurring Revenue Climbs 17%

Groenlo – October 15, 2026 -- Nedap grew third-quarter 2026 revenue by 7% year on year, with its four key markets up 9% and year-to-date key-market growth at 12%. Recurring revenue rose 17% in the first nine months of 2026 and made up 42% of total revenue for the period.

Recurring revenue grew faster than total revenue and increased in all four key markets in the quarter. CEO Rob Schuurman said the company remains on track with its Step Up! strategy.

Livestock revenue falls on delivery timing and subscription shift

Livestock revenue declined against a strong third quarter of 2025. Nedap attributes the drop mainly to delivery timing and a further move toward subscription-based offerings. Recurring revenue in the unit rose as adoption of as-a-service offerings grew, and the installed base expanded across multiple regions.

Dry Type Transformer Market Seen at $12.6B by 2032 on Data Centers

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Dry Type Transformer Market Seen at $12.6B by 2032 on Data Centers

Noida – – October 15, 2026 -- The global dry type transformer market will grow from USD 7,074.50 million in 2024 to USD 12,617.21 million by 2032, a CAGR of 7.50%, according to a Credence Research Inc. assessment. Spending on electrical distribution, commercial buildings, renewable integration and data centers is lifting demand for oil-free designs.

Asia Pacific holds 34% of 2024 revenue, ahead of North America and Europe

Asia Pacific is the largest region at 34%, supported by manufacturing investment, renewable integration and urban electrification in China, India and Japan. North America follows at 28%, driven by data center expansion, commercial retrofits and power infrastructure spending. Europe holds 25%, with grid modernization, rail applications and building efficiency standards shaping orders.

Toro Debuts First Stand-On Blower and Cheaper GrandStand HDM+

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Toro Debuts First Stand-On Blower and Cheaper GrandStand HDM+

Bloomington, Minn. – October 15, 2026 -- Toro will show its first dedicated stand-on blower, the AeroMaster, which the company says delivers up to 30% more airflow than competitors at 8,100 effective CFM. The company will also show a redesigned GrandStand HDM+ stand-on mower at a lower price at Equip Expo in Louisville, Kentucky, October 20-23.

Toro is aiming both platforms at landscape contractors who need to do more with fewer operators and are under pressure from rising operating costs.

AeroMaster turbine blower targets wet debris and large cleanups

The AeroMaster is built on Toro's turbine technology. The company says its 8,100 effective CFM moves wet, stuck-on debris, which suits spring and fall cleanups and post-storm work. The 30% airflow advantage is a manufacturer claim, marked with an asterisk in the release; the source gives no substantiation.

Bulgin Adds Hybrid Power-Signal Connectors to 6000 Series Buccaneer

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Bulgin Adds Hybrid Power-Signal Connectors to 6000 Series Buccaneer

Cambridge – October 15, 2026 -- Bulgin, an Infinite Electronics company, has added hybrid circular connectors to its 6000 Series Buccaneer range, combining two 16 A power contacts and 3 A signal contacts in one IP68-rated housing.

Hybrid design removes the need for separate power and signal cable routing

The 6000 Series Hybrid Buccaneer is aimed at smaller devices such as test and measurement equipment, sensors and control systems. Integrating both connection types in a single interface cuts space requirements and eliminates separate cable routing for power and signal.

Two central power contacts are rated at 16 A. Designers can choose from three configurations with two, four or six 3 A signal contacts.

Mark Berry, VP of Product & Portfolio Management at Infinite Electronics, said the company integrated high-current power and signal channels into one sealed interface to deliver a smaller footprint without compromising performance.

Mercuria Commits AUD 40M Prepayment for Mount Morgan Gold Restart

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Mercuria Commits AUD 40M Prepayment for Mount Morgan Gold Restart

Geneva – October 15, 2026 -- Mercuria Group has agreed to a AUD 40,000,000 prepayment to Heritage Minerals, securing offtake rights to the first 210,000 ounces of gold in doré produced at the Mount Morgan mine in Queensland, Australia.

Mercuria locks in four years of Mount Morgan doré output

The offtake runs over a period of 4 years. Production is due to commence in Q4 2026, which makes the facility a financing bridge into the mine's restart of operations.

The prepayment and offtake structure ties Mercuria's capital directly to physical gold deliveries from the site. The source does not disclose pricing terms, repayment mechanics or the pace of ramp-up.

Daikin Applied Lifts Phoenix Modular Capacity 150% With 191,000 Sq Ft Plant

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Daikin Applied Lifts Phoenix Modular Capacity 150% With 191,000 Sq Ft Plant

Minneapolis – October 15, 2026 -- Daikin Applied has raised production capacity for custom-built hydronic and electric systems by approximately 150% with the opening of its expanded 191,000-square-foot Modular Solutions facility in Phoenix, Arizona.

The plant grows the company's modular manufacturing footprint from 58,000 to 191,000 square feet. Daikin Applied says factory-built mechanical systems give customers faster deployment, tighter quality control and simpler onsite installation than traditional stick-built construction. Complete systems are assembled and tested in a controlled factory environment, which the company says reduces schedule risk.

P2 Science Hires Brian Freedman as VP of Marketing

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P2 Science Hires Brian Freedman as VP of Marketing

Woodbridge – October 15, 2026 -- P2 Science, Inc. has appointed Brian Freedman, a marketer with more than 15 years of experience, as Vice President, Marketing and Communications as the green chemistry company scales commercialization of its sustainable ingredient portfolio.

Freedman takes charge of brand, product marketing and communications across three business lines

Freedman will lead brand strategy, product marketing, go-to-market planning and corporate communications across P2 Science's personal care, flavor and fragrance, and performance materials businesses. The company is also deepening its relationships with customers in the beauty and consumer products industries.

IBM and Siemens Team Up to Move 3D Nanostack Chips Toward Production

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IBM and Siemens Team Up to Move 3D Nanostack Chips Toward Production

Albany – October 15, 2026 -- IBM and Siemens have launched a joint research program to prepare IBM's nanostack transistor architecture, which packs nearly 100 billion transistors into a space the size of a fingernail at the 7 angstrom node, for volume manufacturing.

Nanostack stacks and staggers transistors in three dimensions

IBM describes nanostack as the industry's first known three-dimensional, nanosheet-based design. It vertically stacks and staggers transistors to raise density. The architecture also allows different material combinations in each stacked layer, so each transistor's performance and power efficiency can be optimized independently of the other.

IBM credits the design with substantial gains in energy efficiency, performance and SRAM scaling. It unveiled the architecture earlier this year and has demonstrated that it is viable.

Flex Closes EPC Power Deal Ahead of Q1 2027 Cloud Unit Spin-Off

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Flex Closes EPC Power Deal Ahead of Q1 2027 Cloud Unit Spin-Off

Austin – October 15, 2026 -- Flex (NASDAQ: FLEX) has completed its acquisition of EPC Power, adding a power conversion provider with more than 15 GW deployed to its Cloud and Power Infrastructure segment weeks before shareholders weigh the planned spin-off of that unit.

EPC Power joins Flex's Cloud and Power Infrastructure segment

EPC Power supplies intelligent power conversion solutions for data center and grid applications. Flex said the acquisition expands its capabilities across power, cooling and compute as demand grows for higher-density AI infrastructure and next-generation 800V data center power architectures.

Flex did not disclose the purchase price or other financial terms.

FFR Buys FFAI Robotics Unit in $200M All-Stock Deal at $2.246/Share

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FFR Buys FFAI Robotics Unit in $200M All-Stock Deal at $2.246/Share

Los Angeles – October 15, 2026 -- FF EAI Robotics Ecosystem Inc. (NASDAQ: FFR) signed definitive agreements to acquire the full robotics business of Faraday Future Intelligent Electric Inc. (NASDAQ: FFAI) in an all-stock transaction. The deal values the FFAI robotics unit at about $200 million and FFR at about $60 million on a fully diluted basis.

FFR issues shares at $2.246, a roughly 50% premium to market

FFR will issue shares to FFAI at $2.246 each. That is about 50% above FFR's $1.50 close on the October 12 signing date and about 55% above its $1.45 close on October 13. The parties expect all closings by the end of October 2026.