先进制造业月度更新——2024年1月

www.cascadiacapital.comMember FINRA and SIPCATLANTA | AUSTIN | CONNECTICUT | LOS ANGELES | MINNEAPOLIS | NASHVILLE | SEATTLE Advanced Manufacturing Report | January 2024 Edition Overview Introduction Cascadia Capital is a team of transparent, client-focused, trusted advisors with deepexpertise in a broad range of industries. We’re different from most investment banksbecause we’re not conflicted by trading, lending, research or cross-selling business.We partner with our clients to deliver results based on our domain expertise,transaction experience, and commitment to long-term relationships. Cascadia Capitaloffers a level of expertise and customization clients won’t find elsewhere. Ourplatform offers a level of experience, sub-vertical industry expertise, andcustomization delivered on an integrated team basis to optimize outcomes for ourclients. We have provided our services to leading private equity firms andextraordinary business owners for over 20 years. With bankers across multipleindustry verticals, Cascadia Capital has the experience to offer industry breadth whilemaintaining sector depth. Our industry-focused bankers are experts in their field anddeliver tailored advice and solutions to suit the unique needs of our clients. Our sectorspecialists stay on top of market trends, risks and opportunities which makes us avaluable and trusted advisor to our clients. CONTENTS ▪Cascadia Capital Overview▪Key Trends▪Key Statistics▪What We’re Reading▪Historical Trading Statistics▪PublicComparables▪Select M&A Activity▪Industry Events CONTACTS Introduction to Kevin Frisch Kevin FrischManaging Directorkfrisch@cascadiacapital.com+1 (917) 584-7803 ▪Experience ▪25+ years of M&A and Capital Raising Experience▪Expertise in:▪Advanced Manufacturing▪Aerospace, Space and Defense▪Panelist, Speaker and Arranger of related Conferences Joe ChangVice Presidentjchang@cascadiacapital.com+1 (704) 323-5013 ▪Cascadia Capital–MD, Advanced Manufacturing & Aerospace, Space, andDefense ▪FBR Capital Markets–MD, Industrials Group▪Focused on Advanced Manufacturing M&A and Capital Raising ▪Lehman Brothers–Senior Vice President▪Focused on Industrials M&A ▪Oppenheimer & Co.–Analyst ▪Chase Securities–Research Analyst ▪Education ▪M.B.A. in Finance–University of Chicago▪B.A. in Economics, Public Policy–Duke University KevinFrisch leads theAdvanced Manufacturing&Aerospace,Space,&Defensepractices at Cascadia Capital.Kevin has over 25 years ofexperienceworkingwithcompaniesacrossIndustry4.0andisaregularspeakeratindustryevents.Hewasoneofthefirstbankerscoveringthissectorandisinclosecontactwithstrategicandfinancialinvestorsinthespace. Advanced Manufacturing Report | January 2024 Edition Cascadia’s 2024 Advanced Manufacturing & Industrial Tech Conference ▪Cascadia Capital is hosting its annual Advanced Manufacturing& Industrial Tech Conference (AMIT) on February 7th–8that theCasa Del Mar in Santa Monica, California▪This will be the 4thconference of its kind hosted by the team▪Expecting 40 companies to present to 200+ attendees▪Dedicated Panels on Additive Manufacturing, AdvancedMaterials, Aerospace & Defense, Automation & Robotics,Space and more▪3 receptions for networking and opportunity to schedule oneon one's Link to eventhereFebruary 7-8 | Santa Monica, CALink to eventhere Select Sectors Covered ▪SubtractiveManufacturing▪Optics & Photonics▪SpecialtyChemicals▪Tooling Confirmed Presenting Companies (as of1/11) with More to Come Advanced Manufacturing Report | January 2024 Edition Advanced Manufacturing Report | January 2024 Edition Key Statistics Cascadia is Tracking Note: Data from Federal Reserve and S&P Capital IQ;*Statistics represent latest available data points for each respective metric. Advanced Manufacturing Report | January 2024 Edition What the Cascadia Team is Reading this Month Amkor, DuPont, Lilly: November and December factory announcements Manufacturing Dive–January 2024 The last two months of the year included billion-dollar investments in semiconductors, drug making and solar panels. Factory openingsand investments in November and December were led by action in the semiconductor, chemicals and solar energy sectors. Read the full articlehere US plans $162 million award to Microchip Technology to boost production Reuters–January 2024 WASHINGTON, Jan 4 (Reuters)-The U.S. Commerce Department said on Thursday it plans to award Microchip Technology(MCHP.O) $162 million in government grants to step up U.S. production of semiconductors and microcontroller units (MCUs) keytotheconsumer and defense industries. Read the full articlehere Biden administration announces $162 million to expand computer chip factories in Colorado AP News–January 2024 WASHINGTON (AP)—The Biden administration is providing $162 million to Microchip Technology to support the domestic productionof computer chips—the second funding announcement tied to a 2022 law designed to revive U.S. semiconductor manufacturing. Theincentives an