Industrial Manufacturing

Valmet Wins Asia Order for Premium Coated Board Line, Start-Up Set 2028

Espoo – September 23, 2026 -- Valmet has secured an order to supply a complete coated board making line, automation, and lifecycle services to a customer in Asia, with the new machine scheduled to start up in 2028.

Valmet delivers full production scope from stock preparation to winders

The order covers stock preparation and a complete board machine spanning headboxes to reel and winders. Lifecycle performance will be secured through automation, digital services, and paper machine clothing and spare parts packages.

Customer targets leadership in premium coated board segment

The line will produce premium-quality coated board grades, supporting the buyer's ambition to strengthen its position as a leading producer in the segment. Valmet stated the delivery is designed to combine quality and production efficiency beyond the customer's current capabilities.

UPG Enterprises Files Chapter 11 to Pursue Free-and-Clear Asset Sales

Oak Brook – September 23, 2026 -- UPG Enterprises LLC has filed voluntary Chapter 11 petitions in the U.S. Bankruptcy Court for the Northern District of Illinois, securing up to $6.1 million in debtor-in-possession financing from Firehorse Capital LLC to fund continued operations during a court-supervised sale process.

UPG targets a 60-day sale timeline under Section 363 of the Bankruptcy Code

The industrial operator, which runs steel processing, manufacturing, distribution and logistics businesses across more than twenty North American locations, is marketing its assets to multiple interested parties and expects the Chapter 11 filing to attract additional bidders. Chief Restructuring Officer John Sordillo said the process is designed to maximize value through going-concern sales while preserving relationships with customers, employees and partners.

DEWALT Survey: 52% of Young Trades Talent Pushed Toward Academic Paths

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DEWALT Survey: 52% of Young Trades Talent Pushed Toward Academic Paths

Towson – September 22, 2026 -- A DEWALT survey of 534 WorldSkills competitors across more than 60 countries found that 76% believe technical and vocational skills are increasingly critical to the global economy, yet 51% say too few young people are entering the trades.

Survey exposes gap between perception and enrollment pathways

While 71% of respondents said the public image of skilled trades has improved, 52% reported being steered toward traditional academic paths versus just 14% encouraged into vocational careers. The disconnect starts early: 45% said young people are not exposed to skilled career opportunities soon enough, and 53% felt direct pressure to pursue university over trade training.

Pirelli Board Approves €1 Billion US Plant Expansion Amid Dissent

Milan – September 22, 2026 -- Pirelli's Board of Directors has majority approved a roughly €1 billion ($1.2 billion) multi-year investment to expand its Rome, Georgia plant, with three board members -- Zhang Haitao, Xi Xiaohong and Wang Kun -- voting against the plan.

Rome, Georgia capacity to double to 6 million tyres by 2033

The expansion will lift annual production capacity at the Rome facility to approximately 6 million car tyres by 2033, including CyberTM Tyre technology, and is expected to create around 1,000 new jobs. The buildout begins in 2027 in two phases: a robotized production line using Pirelli's proprietary MIRS (Modular Integrated Robotized System) technology will scale from 2028 to 3 million tyres annually, while a separate fully automated conventional facility dedicated to premium products will add another 3 million tyres of capacity at full operation.

Viam Unveils BoxBot, a Box-Opening Robot Trained on 125 Demos

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Viam Unveils BoxBot, a Box-Opening Robot Trained on 125 Demos

Pittsburgh – September 22, 2026 -- Viam will debut BoxBot, a robot arm that opens taped cardboard boxes, at IROS 2026 in Pittsburgh, running September 27 through October 3. The system was trained on just 125 teleoperated demonstrations collected in roughly five hours over four days, using a fine-tuned open-source vision-language-action model with no custom architecture required.

BoxBot combines visual servoing with a fine-tuned SmolVLA model on one data path

The robot uses image-based visual servoing to guide a cutting tip along tape seams typically 1 to 2mm wide, since no two sealed boxes present identical geometry. A fine-tuned SmolVLA model then handles the contact-rich task of peeling open and adjusting four box flaps. Both systems run as native services on the same machine, with the VLA policy inferring locally on an NVIDIA Jetson Orin Nano through Viam's ML model service.

Sparx Engineering Opens Third Texas Office in Austin

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Sparx Engineering Opens Third Texas Office in Austin

Austin, Texas – September 22, 2026 -- Sparx Engineering has opened its third Texas office, a 3,117-square-foot location at 1023 Springdale, Bldg 12B, in the Springdale General community in East Austin.

Sparx expands its Texas footprint with new East Austin lease

The Greater Houston-based engineering consultancy secured the space with representation from Aquila Commercial's Noah Yetley. The new office follows Sparx's first satellite branch, opened in Dallas in 2023, giving the firm operations in Houston, Dallas, and now Austin.

Initial team to grow to 10 staff by next year

An initial team led by Steven Block, P.E., and Tyler Chaney, P.E., will anchor the Austin operation, which is expected to reach a staff of 10 within a year. The office will support Sparx's four core service lines: electrical, mechanical, software and chemical engineering.

Ivalua Named Leader in IDC MarketScape for AI-Enabled Direct Spend

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Ivalua Named Leader in IDC MarketScape for AI-Enabled Direct Spend

Redwood City, Calif. – September 22, 2026 -- Ivalua has been named a Leader in the IDC MarketScape: Worldwide AI-Enabled Direct Spend 2026 Vendor Assessment (#US54900426, September 2026), based on evaluations of its capabilities, strategy, market presence, and core architecture.

Unified data model spans sourcing, BOM, contracts and quality

IDC MarketScape identified Ivalua's single data model, which natively links sourcing, bill of materials, contract, quality, and supply chain collaboration objects, as its most substantive differentiator. The architecture enables full traceability from item to BOM to award to contract to invoice, reducing fragmentation that competitor suites reportedly struggle with.

Charter Next Generation Appoints Todd Herndon as Chief Financial Officer

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Charter Next Generation Appoints Todd Herndon as Chief Financial Officer

Chicago – September 22, 2026 -- Charter Next Generation (CNG), a North American material science solutions provider, has named Todd Herndon as Chief Financial Officer, bringing more than 35 years of financial, commercial, and operational leadership experience to the role.

Herndon joins from Consilio, a global legal technology and enterprise legal services firm, where he served as CFO

His prior leadership roles include positions at Diversey, now part of Solenis; Gardner Denver, now part of Ingersoll Rand; and Capital Safety. Herndon began his career at S.C. Johnson & Son, Inc. and has worked extensively with private equity firms including KKR, Bain Capital, CD&R, and Stone Point Capital.

CATL Starts Trial Battery Cell Production at Hungary Plant

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CATL Starts Trial Battery Cell Production at Hungary Plant

Debrecen -- CATL began trial production on September 22, 2026 at its newly built battery cell factory in Debrecen, Hungary, after clearing all preconditions tied to its IPPC environmental permit.

Trial run targets first two production lines at Debrecen facility

The trial phase covers the first two production lines of the cell manufacturing plant, following the occupancy permit obtained in August 2026. CATL will use the period to set up, optimize and validate production equipment and manufacturing processes ahead of full series production.

County government confirms earlier compliance deficiencies resolved

The Hajdú-Bihar County Government Office conducted repeated on-site inspections before issuing the occupancy permit, responding to concerns previously raised by local residents. Authority representatives confirmed that CATL had resolved all deficiencies identified earlier in the permitting process.

Cognex to Acquire RealSense for $500M, Enters Robotic Perception Market

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Cognex to Acquire RealSense for $500M, Enters Robotic Perception Market

Natick, Mass. – September 22, 2026 -- Cognex Corporation (NASDAQ: CGNX) has agreed to acquire RealSense, the market leader in depth-sensing cameras for robotic perception and Physical AI, for approximately $500 million in cash, the company announced. The deal, financed entirely from Cognex's existing cash and investments, is expected to close in the fourth quarter of 2026 subject to customary conditions.

RealSense revenue is set to grow more than 50% to $80-90 million in 2026

RealSense, originally founded by Intel in 2014 and spun out as an independent company in 2025, is projected to generate $80 million to $90 million in revenue this year, representing growth of more than 50% over the prior year. The company's 3D perception technology serves fixed-arm robotics, autonomous mobile robots, quadrupeds and humanoids.