Manufacturing & Industrial · Week of Nov 2, 2026
Earnings strain and automation bets: the week in industrial releases
Q3 results at Regal Rexnord and Tronox, debt and portfolio moves, an ADI chip deal and new product and research news filled the industrial week.
Third-quarter earnings and balance-sheet actions led the week. Regal Rexnord reported sales up 6% to $1,588 million but a GAAP net loss after a $119 million goodwill impairment, and said it is exploring a sale of its autonomous mobile solutions business. Tronox posted an $827 million quarter with a $55 million net loss and cut its free cash flow outlook, citing the conflict in the Middle East. Dana launched cash tender offers for two series of senior notes due 2030 and 2032.
Automation and advanced manufacturing were the other recurring subjects. Analog Devices closed its acquisition of AI microcontroller maker Alif Semiconductor, Velo3D disclosed a five-year research agreement with Sandia National Laboratories on metal additive manufacturing, and AITX's RAD unit reported a repeat order for an autonomous security patrol vehicle. On the product side, Gates introduced a belt aimed at replacing roller-chain drives, and Otis said two of its elevators at Tianjin 117 hold a Guinness World Records title.
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 tied mainly to its autonomous mobile solutions business, which it is now exploring selling. The company lowered 2026 GAAP EPS guidance to $3.76 to $4.06, raised Adjusted Diluted EPS guidance to $10.60 to $10.90, and said Data Center sales rose 307%.
Tronox Holdings plc
Tronox Reports Third Quarter 2026 Financial Results
Tronox reported third quarter 2026 revenue of $827 million, up 18% year over year, and a net loss attributable to Tronox of $55 million, and now expects a full-year 2026 free cash flow use of $25-50 million, which it attributes to the prolonged conflict in the Middle East. The company also said it and JX Advanced Metals will fund about $32 million on a 50/50 basis for rare earth feasibility studies and a US-based pilot facility.
Dana Incorporated
Dana Announces Launch of Tender Offers for Any and All of its Outstanding 4.250% Senior Notes due 2030 and 4.500% Senior Notes due 2032
Dana began cash tender offers on Nov. 6, 2026 for any and all of its $226,800,000 of 4.250% Senior Notes due 2030 and $198,452,000 of 4.500% Senior Notes due 2032, priced at fixed spreads of 50 bps and 60 bps over reference Treasuries. The offers expire at 5:00 p.m. New York City time on November 13, 2026, with settlement expected on or about November 17, 2026, and are not conditioned on a minimum amount tendered.
Gates Corporation
Gates Launches Poly Chain® Carbon™ ONE to Expand Chain to Belt Conversion Opportunities Across Industrial Markets
Gates launched Poly Chain Carbon ONE, a synchronous belt designed to replace roller-chain drives, which the company says offers up to 80% lower total cost of ownership and needs no lubrication or retensioning. Channel partner availability begins in North America and is to expand globally throughout 2027, targeting sectors including food and beverage, pharmaceutical and advanced manufacturing.
Otis Worldwide Corporation
Otis Receives Guinness World Records™ Title for Tallest Elevator at Tianjin 117
Otis said 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 266 units to the tower, including 50 double-deck and three super-double-deck elevators, with completion scheduled by the end of 2027.
Velo3D, Inc.
Velo3D and Sandia National Laboratories Sign Five-Year CRADA to Collaborate on Metal Additive Manufacturing
Velo3D disclosed a five-year Cooperative Research and Development Agreement with Sandia National Laboratories, signed January 13, 2026, covering possible joint work in metal additive manufacturing. The umbrella agreement lists part reliability, repeatability across machines and sites, materials development and workforce development as areas of interest, with individual projects scoped separately.
Analog Devices, Inc.
Analog Devices Completes Acquisition of Alif Semiconductor
Analog Devices completed its acquisition of Alif Semiconductor, a maker of AI-native microcontrollers and fusion processors, on Nov. 3, 2026. ADI says the deal expands its addressable market across industrial, data center infrastructure, defense, energy, robotics, digital health and wearable applications, and did not disclose financial terms.
Artificial Intelligence Technology Solutions Inc.
AITX's RAD Earns Repeat Business as Global Logistics Client Orders Fourth ROAMEO
AITX subsidiary Robotic Assistance Devices received an order for a fourth ROAMEO autonomous security patrol vehicle from an unnamed longtime global logistics client, with deployment at another logistics center expected by the end of calendar year 2026. The company says the repeat order shows room to grow within existing enterprise accounts, and no financial terms were disclosed.
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 InfoPilot Today reporting.