supply_chain

Tempe, Ariz. – – September 07, 2026 -- U.S. manufacturing activity expanded for an eighth straight month in August, but the pace cooled as the ISM Manufacturing PMI fell to 54.6%, down 1 percentage point from July's 55.6%, according to the Institute for Supply Management (ISM). The reading marks the sector's recovery from a 10-month contraction and corresponds to an estimated 2.4% annualized increase in real GDP, ISM said. The broader U.S. economy has now expanded for 22 consecutive months.

New orders and backlogs lose momentum as demand sentiment softens

The New Orders Index dropped 3 points to 53.7% from 56.7% in July, while the Backlog of Orders Index fell 3.2 points to 51.8%. The positive-to-negative comment ratio on demand narrowed to 2-to-1 in August from 3.5-to-1 the prior month. New Export Orders bucked the trend, edging up 0.2 point to 53.2%.

Nashville, Tenn. – September 05, 2026 -- AgriCapture has partnered with Google and the Bonneville Environmental Foundation to replenish 5.4 billion gallons of water in Southeast Texas by converting 6,000 acres of rice farmland to water-saving irrigation systems.

Google finances irrigation overhaul across Trinity River Basin farmland

The program targets the Trinity River Basin, where roughly 140,000 rice acres are flood irrigated annually amid pressure from agricultural demand, urban growth and recurring drought. AgriCapture is working directly with Texas rice farmers to install irrigation infrastructure that replaces continuous flooding, measuring results through flow meters, field sensors and geospatial monitoring to quantify verified water savings against prior flood-irrigation baselines.

Amsterdam – September 05, 2026 -- Canopy International B.V. has acquired Aviotec S.r.l., a Turin-based supplier of multi-layer insulation blankets and electrical harnesses for satellites, in a move to expand its footprint in Europe's space supply chain.

Aviotec brings 15 years of thermal-protection expertise to Canopy's European platform

Founded in 2008, Aviotec has built more than 15 years of experience designing and manufacturing flight-qualified MLI blankets and high-reliability electrical harnesses for satellites and spacecraft. The Turin-based company also provides in-house satellite design, integration and test services, supporting institutional space programs and a growing base of commercial customers across Europe's space economy.

Boone, Iowa – September 05, 2026 -- AGCO Corporation (NYSE: AGCO) launched the Fendt 1100 Vario MT Gen2 Track Tractor and the Fendt Momentum 80-Foot Planter globally at the 2026 Farm Progress Show, marking Fendt's first-ever global tractor debut staged in the United States. The company also unveiled the North American debut of the Fendt 300 Vario Gen5 line, expanding its full-line portfolio across high-horsepower, planting and compact-tractor segments.

Fendt stages global tractor launch in U.S. for the first time

Stefan Caspari, Senior Vice President of Customer Success & North American Ag at AGCO, said hosting the launch in the U.S. reflects the company's regional investment strategy, noting that North American farmers prioritize power, productivity, efficiency and total cost of ownership.

Boulder, Colo. – September 05, 2026 -- Ascend Analytics now optimizes more than 5.2 gigawatts (GW) of operating battery energy storage capacity through its SmartBidder platform, positioning the firm as the largest independent provider of bid optimization services to the U.S. storage market.

Portfolio spans three ISOs and over 30 customers

The operating fleet includes roughly 4 GW under management in ERCOT, 1 GW in CAISO and 200 megawatts (MW) in PJM, spread across more than 30 customers. Ascend crossed the 5 GW threshold in the second quarter of 2026 following the onboarding of storage assets for California Community Power, a Joint Power Agency, and San Diego Community Power, a Community Choice Aggregator.

Boulder, Colorado – September 04, 2026 -- Odyssey Energy Solutions has secured $74 million in new financing, combining $27 million in equity with $47 million in debt, to expand its platform financing distributed renewable energy projects across Africa, Asia, and Latin America.

New investors join round to fund solar and battery procurement infrastructure

The equity tranche drew new backers Broadscale Group, FMO, and Al Mada Ventures, alongside existing investors Union Square Ventures, Equal Ventures, Abstract Ventures, Twelve Below, FJ Labs, MCJ, and Transition Ventures. Debt financing came from British International Investment, BIO, the Facility for Energy Inclusion via Cygnum Capital, and the Energy Entrepreneurs Growth Fund via TripleJump.

Ewing, N.J. – September 04, 2026 -- Ninety-four percent of U.S. adults say they are concerned about the frequency of food recalls, up from 93% in 2025, according to a new consumer survey commissioned by GS1 US. Confidence in recall effectiveness has simultaneously dropped, with only 80% of respondents believing recalls protect public health, down from 85% a year earlier.

Consumers increasingly avoid entire product categories after recalls

Sixty-seven percent of consumers said they avoided an entire food product category following a recall, up from 60% in 2025. Sixty-six percent reported hesitancy to repurchase the same product or brand, compared with 59% last year, while 59% discarded recalled food even when their own state or region was unaffected, up from 57%. Women showed sharper pullback than men, with 71% avoiding a whole category versus 63% of men.

Raleigh, N.C. – September 04, 2026 -- RedHill Biopharma Ltd. (Nasdaq: RDHL) has acquired exclusive global commercialization rights to Ferring Pharmaceuticals' Rebyota and exclusive U.S. rights to Clenpiq, two FDA-approved gastrointestinal drugs that together generated approximately $37.5 million in 2025 net sales.

RedHill pays $12 million upfront, fully funded by prior Talicia sale

Under the agreement, RedHill paid Ferring $12 million upfront plus tiered royalties on net sales and potential future milestones. The payment was fully covered by RedHill's previously announced $18 million divestiture of Talicia, which also carries up to $35 million in potential additional upside. Ferring retains Rebyota's manufacturing facilities and will continue supplying the product through the term of the agreement.

Delray Beach, Fla. – September 04, 2026 -- The global automotive test equipment market is projected to grow from $4.47 billion in 2026 to $5.92 billion by 2033, expanding at a compound annual growth rate of 4.1%, according to MarketsandMarkets.

Middletown, Delaware – September 04, 2026 -- The global racing tires market will grow from USD 2.921 billion in 2025 to USD 3.929 billion by 2035, a compound annual growth rate of 2.85%, according to a new study by Radial Insights. The market is projected to reach USD 3.051 billion in 2026 as exclusive control-tire contracts continue to anchor manufacturer revenue.

Control-tire contracts add 0.5 percentage points to market growth through 2035

Radial Insights estimates that exclusive series-supply agreements contribute roughly 0.5 percentage points to overall CAGR by allowing manufacturers to align production, compound development and logistics with fixed racing calendars. In June 2026, Formula 1 and the FIA extended Pirelli's role as sole tire supplier for Formula 1, Formula 2, Formula 3 and F1 Academy through 2028. Goodyear maintains a parallel multi-year exclusive supply arrangement across NASCAR's Cup, Xfinity and Truck series.