先进制造业月度更新——2023年12月

www.cascadiacapital.comMember FINRA and SIPCATLANTA | AUSTIN | CONNECTICUT | LOS ANGELES | MINNEAPOLIS | NASHVILLE | SEATTLE Advanced Manufacturing Report | December 2023 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▪Public Comparables▪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 | December 2023 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 Select Sectors Covered ▪SubtractiveManufacturing▪Optics & Photonics▪SpecialtyChemicals▪Tooling Advanced Manufacturing Report | December 2023 Edition Advanced Manufacturing Report | December 2023 Edition Key Statistics Cascadia is Tracking Advanced Manufacturing Report | December 2023 Edition What the Cascadia Team is Reading this Month Redwood Inks Long-Term EV Battery Materials Supply Deal with Toyota Reuters–November 2023 Redwood Materials has signed a long-term contract to supply Toyota Motor (7203.T) with recycled materials for the Japaneseautomaker's $13.9 billion North Carolina electric vehicle battery plant, Redwood said Thursday. Read the full articlehere Commerce Department Offers $3B in Chip Packaging Manufacturing Funds Manufacturing Dive–November 2023 The Biden administration today announced approximately $3 billion to fund chip packaging manufacturing in the U.S. The funds,madepossible by the CHIPS and Science Act, will establish a National Advanced Packaging Manufacturing Program to fund new domesticprojects in the sector. Read the full articlehere Lilly Plans New $2.5B Plant amid Growing Obesity Drug Demand Manufacturing Dive–November 2023 Eli Lilly is spending $2.5 billion to build a new manufacturing plant to expand capacity for injectable drugs and devices, including itsweight-loss treatmentZepboundand diabetes shotMounjaro, as demand for metabolic medicines from the GLP-1 class continues tooutstrip supply. Read the full articlehere President Biden Announces New Actions to Strengthen America’s Supply Chains The White House–November 2023 As part of hisBidenomicsagenda to lower costs for American families, President Biden is announcing nearly 30 new actions tostrengthen supply chains c