INDUSTRIAL EQUIPMENT

Complex & Engineered Machinery

World’s Most Productive Companies

Complex & Engineered Machinery

Complex and Engineered Machinery covers highly engineered, often project-based equipment for processing and heavy industry. Productivity tracks capital project cycles and execution on long-lead orders.

The group was about flat in 2025, sitting about 7% below its 2019 baseline. No company in the group reached the 2026 World’s Most Productive Companies list this year. Results were mixed, with gains and declines roughly balanced.


Complex & Engineered Machinery peer group IPI trends

Productivity Snapshot

  • Complex & Engineered Machinery ranks thirteenth of twenty-one Industrial Equipment peer groups in 2025, at an Industrial Productivity Index of 0.93, about 7% below its 2019 baseline.
  • 4 of 9 companies grew productivity in 2025.
  • No company in the group earned a place on the 2026 World’s Most Productive Companies list this year.
  • The group was about flat in 2025 but remains below its 2019 baseline as capital project demand stayed uneven.

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