GOYANG – November 03, 2026 -- ROBOTWORLD 2026 will gather 402 companies from 17 countries across 1,198 booths at the Korea International Exhibition Center (KINTEX) on Nov. 4-7, with Physical AI and AI-driven manufacturing as the central themes.
Saint Paul – November 03, 2026 -- The 3M Board of Directors (NYSE: MMM) authorized the repurchase of up to $6.0 billion of the company's outstanding common stock, bringing total capacity under its repurchase program to $7.5 billion.
3M adds $6.0 billion to $1.5 billion left under its 2025 authorization
The new authorization comes on top of the $1.5 billion remaining under 3M's existing 2025 repurchase authorization. The combined $7.5 billion has no pre-established closing date, so the company sets no deadline for deploying the capital.
Dallas – November 03, 2026 -- Dallas-based private equity firm Cordatus Capital has acquired a majority investment in Diamabrush, a Sterling Heights, Michigan, manufacturer of consumable abrasive products for concrete and terrazzo floor preparation, polishing and maintenance. Financial terms were not disclosed.
Co-founder and CEO Mike Sancimino will stay in his role and continue to lead the existing management team.
Stuttgart – November 03, 2026 -- Mid-sized contract manufacturers can enter defense supply chains with their existing machinery by producing dual-use components, but only if they pursue customers actively, according to sales consultancy matchandmake GmbH.
CHANGZHOU, China – November 03, 2026 -- Nasdaq-listed STAK Inc. (Nasdaq: STAK) replaced its Chief Financial Officer effective November 1, 2026, appointing Xiaofei Han, a former U.S.-listed company auditor with about 20 years of experience, while its Chief Technology Officer also stepped down.
MILWAUKEE – November 03, 2026 -- Regal Rexnord Corporation (NYSE: RRX) reported third-quarter sales of $1,588 million, up 6% year on year, and said it is exploring the sale of its autonomous mobile solutions business within the Automation & Motion Control (AMC) segment.
Data center sales surge 307% while GAAP result turns to a loss
Data center sales rose 307%, or 169% excluding E-Pods. Daily orders climbed 6%, and orders excluding data centers grew 13%.
Wilmington – November 03, 2026 -- DuPont raised its full-year 2026 outlook for the second time after third-quarter net sales rose 4% to $1.9 billion, with adjusted EPS of $2.09 and transaction-adjusted free cash flow of $341 million, a 121% conversion rate.
DuPont lifts full-year adjusted EPS guidance to $7.47-$7.52
The company now expects organic growth of about 4.5%, operating EBITDA of about $1.785 billion and adjusted EPS of $7.47 to $7.52. CFO Antonella Franzen said all three metrics sit at or above the high end of previously communicated guidance.
HONG KONG – November 03, 2026 -- Himel's NERIO Series, built with paint-free manufacturing technology, won the Green Technology – Manufacturing award at the 2026 Hong Kong Business Technology Excellence Awards, as the electrical products maker pushes a portfolio spanning industrial drives, wiring devices and EV charging.
MISSISSAUGA – November 02, 2026 -- Cymat Technologies Ltd. (TSXV: CYM) will brief investors on November 4 at 2:00 p.m. EST on a proposed joint venture with KAP Minerals Inc. to produce scandium-aluminum (Sc-Al) master alloy at its Mississauga facility. The webcast, held on Zoom, follows a memorandum of understanding (MOU) signed with KAP last week.
Sheridan, Wyoming – November 02, 2026 -- The global industrial automation market is valued at USD 266.7 billion in 2026 and will reach USD 410.3 billion by 2031, a CAGR of 9%, according to a new study by Wissen Research. The market is moving from isolated, hardware-oriented machine control toward connected, software-based production that combines control hardware, robotics, industrial software and real-time analytics.
