Manufacturing & Industrial · Week of Nov 2, 2026
Data centers and automation drive the week in industrial news
Data center buildout and automation showed up across results, factories and logistics, alongside Q3 earnings from Regal Rexnord and Hanon Systems.
Data center demand ran through several of this week's releases. Regal Rexnord says its Data Center sales rose 307% in the third quarter, even as it took a $119 million goodwill impairment tied to its autonomous mobile solutions business and said it is exploring a sale of that unit. EPG Modular Data Center topped out a factory in Johor, Malaysia, that it values at approximately US$120 million and that will build modular data center shelters and power equipment for Southeast Asian customers.
Automation and supply chains were the other recurring themes. Cainiao opened its global warehouse network to AI and embodied intelligence partners for training and deployment. Accrete signed a data agreement with TenderAlpha to expand sub-tier supplier visibility for federal customers. Hanon Systems reported higher operating profit on slightly lower revenue. Otis received a Guinness World Records title at Tianjin 117, Valens Semiconductor introduced a low-power USB3 extension chipset, and Graybar renewed its skilled-trades education sponsorship.
Regal Rexnord Corporation
REGAL REXNORD REPORTS THIRD QUARTER 2026 FINANCIAL RESULTS
Regal Rexnord reported third quarter 2026 sales of $1,588 million, up 6%, and a GAAP net loss of $12 million that included a $119 million goodwill impairment mainly related to its autonomous mobile solutions business, which it is exploring selling. The company lowered and narrowed GAAP EPS guidance to $3.76 to $4.06, raised and narrowed Adjusted Diluted EPS guidance to $10.60 to $10.90, and says Data Center sales rose 307%.
Otis Worldwide Corporation
Otis Receives Guinness World Records™ Title for Tallest Elevator at Tianjin 117
Otis says two of its SkyRise elevators at Tianjin 117, rising 597.2 meters, received the Guinness World Records title for "Tallest Elevator in a Building." Otis is supplying all 266 elevators and escalators for the 117-story tower, which is scheduled for completion by the end of 2027.
Valens Semiconductor
Valens Semiconductor Introduces the VS6310 Chipset, Bringing Power-Efficient USB3 Extension Directly into Video Conferencing Devices
Valens Semiconductor introduced the VS6310, a USB3 extension chipset designed to be embedded in video conferencing peripherals, with typical power consumption the company says is under 1 watt. Samples are due in mid-November 2026 and mass production is scheduled for January 2027, giving AV device makers an option to build in extension rather than use separate extender boxes.
Hanon Systems
Hanon Systems Announces Third Quarter 2026 Financial Results
Hanon Systems reported third quarter 2026 revenue of KRW 2.66 trillion, down 1.8% year-on-year, and operating profit of KRW 120.6 billion, up 26.6%, for a 4.5% operating margin. The company says electrification rose to 33% of revenue and that it secured an initial aftermarket order from Inter Cars in Europe.
Accrete
Accrete Signs Data Agreement with TenderAlpha to Deepen Supply Chain Risk Insight for Federal Customers
Accrete signed an agreement to add TenderAlpha's government contracting and supply chain data to its Argus for Supply Chain Influence product, with customer access in early 2027. Accrete says the data will expand insight into sub-tier suppliers, component sources and foreign ownership risks, supporting compliance with requirements including the NDAA.
EPG Global Technology (Shanghai) Co., Ltd.
EPG Modular Data Center Marks Topping-Out of Its US$120 Million Malaysia FIZ Factory
EPG Modular Data Center held a topping-out ceremony for its Malaysia FIZ Factory in Senai Airport City, Johor, an investment the company puts at approximately US$120 million, with completion scheduled for the first quarter of 2027. The 107,450-square-meter site will produce MDC shelters, diesel generator sets and PTU power modules, with an expected automation rate of at least 80% and more than 800 local employees.
Cainiao
Cainiao Launches AI and Embodied Intelligence Industry Partnership, Touts World's Largest Real-World Training Network
Cainiao launched an AI and embodied intelligence partnership initiative that opens its global warehouse network for technology training, validation and deployment, offering dozens of proof-of-concept scenarios. It also unveiled a "Global Tech in Three Days" supply chain service for AI computing and robotics companies covering customs support, logistics, insurance and spare-parts management.
Graybar
Graybar Makes $100,000 Donation to Junior Achievement of Greater St. Louis
Graybar donated $100,000 to Junior Achievement of Greater St. Louis, renewing its sponsorship of the JA Trades Mobile Experience for three years. The mobile program introduces middle and high school students in rural Missouri, Illinois and Indiana to skilled trades careers, and Graybar Construction Trades Scholarship applications open January 11 - April 15, 2027.
This roundup is written with AI assistance from the press releases listed above, using only what they state. The releases are the companies' own announcements, not Stream Bulletin reporting.