Logtek Selects Emerson’s AspenTech Geolog for Subsurface Workflows
Emerson announced on October 6, 2026 that Norway-based subsurface data company Logtek AS selected AspenTech Geolog, part of Emerson’s AspenTech Subsurface Science & Engineering portfolio, to modernize and automate its subsurface data workflows. Emerson said Logtek will use the software’s…
Schneider Electric Agrees to Acquire PTC for $22.6 Billion
Schneider Electric and PTC announced on October 5, 2026 that they have signed a definitive agreement under which Schneider Electric will acquire PTC in an all-cash transaction valuing the Boston-based industrial software company’s equity at approximately $22.6 billion. Under the…
IAM Members Ratify New Labor Contract at John Deere Horicon Works
Deere & Company said members of the International Association of Machinists and Aerospace Workers (IAM) at its Horicon Works plant in Horicon, Wisconsin, have voted to ratify a new labor agreement. The company announcement, datelined September 30, 2026, and published…
Caterpillar Agrees to Acquire Century-Old Fabick Cat Dealership
Caterpillar Inc. has entered into an agreement to acquire John Fabick Tractor Company (Fabick), a long-standing Cat dealer with more than 100 years of service and customer relationships across portions of Missouri and Illinois, the entire state of Wisconsin and…
Eaton Puts Over $242M Into Arkansas Plant to Double Enclosure Capacity
Eaton announced on September 2, 2026 that it will invest more than $242 million to build a new manufacturing facility in North Little Rock, Arkansas, expanding its U.S. production footprint for modular electrical enclosures. The company said the plant is…
Emerson Wins 13-Year Equinor Measurement Deal to Back NCS 2035 Push
Emerson has won a thirteen-year frame agreement, including options, to supply measurement instrumentation and lifecycle services across Equinor‘s global offshore and onshore operations, the company announced on August 24, 2026. The deal extends a supplier relationship of more than 40…
