ABB has won a $120m order from the Saudi Electricity Company to provide power to Saudi Arabia’s first university for women, the Princess Nourah bint Abdulrahman University.

Canadian Hydro Developers is to acquire the rights to a 4,400MW offshore wind project in Ontario from Park City, Utah-based Wasatch Wind.

Timken today announced plans to build a new E25m antifriction bearing manufacturing facility in Tamil Nadu, southern India, bringing 300 new jobs to the area.

CADFind, the first commercial design retrieval system that can find 2D engineering drawings from a sketch, has now been extended to work with 3D CAD solid modelling environments.

Continuing growth in the global aerospace has landed ANT Industries £25m worth of business over the next five years.

BAE Systems recently received a $227 million contract modification from the US Army Tank-automotive and Armaments Command to reset 361 Bradley Operation Desert Storm vehicles returning from Iraq.

Private industry has been urged to join a public-sector commitment to fund advanced manufacturing research and development in bioprocessing.

Bayer has announced it intends to make a public takeover offer to the stockholders of Schering in an offer with a total value of €16.3 billion.