Action star Jason Statham is set to reprise his role as Arthur Bishop in The Mechanic 2. The character is an "elite assassin with a talent for cleanly killing targets, often making it look like an accidental death and with a strict code of conduct."
THR is also reporting that German director Dennis Gansel (The Wave) is in talks to direct it. I'm not really that familiar with his work. The first film came from Expendables 2 director Simon West and co-starred Ben Foster. Foster is unlikely to reprise his role, because (SPOILER!) he died in the first one.
I liked the first movie. I didn't think it was a film we'd see a sequel to, but as long as they are making it I might as well watch it.