先进制造业月度更新——2023年11月

www.cascadiacapital.comMember FINRA and SIPCATLANTA | AUSTIN | CONNECTICUT | LOS ANGELES | MINNEAPOLIS | NASHVILLE | SEATTLE Advanced Manufacturing Report | November 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 FrischManagingDirectorkfrisch@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 KevinFrischleadstheAdvancedManufacturing&Aerospace,Space,&Defensepractices at Cascadia Capital.Kevin has over 25 years ofexperienceworkingwithcompaniesacrossIndustry4.0andisaregularspeakeratindustryevents.Hewasoneofthefirstbankerscoveringthissectorandisinclosecontactwithstrategicandfinancialinvestorsinthespace. Advanced Manufacturing Report | November 2023 Edition Cascadia’s 2024 Advanced Manufacturing &Industrial TechConference ▪Cascadia Capital is hosting its annual Advanced Manufacturing&Industrial TechConference (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 ▪AdditiveManufacturing▪Aerospace,Space, & Defense▪Automation▪ElectronicManufacturing▪Services▪GeneralIndustrials▪Internet ofThings▪LaserManufacturing▪Machining▪Medical▪Metrology▪Robotics▪SoftwareManufacturing▪Specialty Metals▪SubtractiveManufacturing▪Optics & Photonics▪SpecialtyChemicals▪Tooling Confirmed Presenting Companies (as of 11/02) with More to Come Advanced Manufacturing Report | November 2023 Edition Advanced Manufacturing Report | November 2023 Edition Key Statistics Cascadia is Tracking Advanced Manufacturing Report | November 2023 Edition What the Cascadia Team is Reading this Month UAW Reaches Tentative Deal with GM Axios–October 2023 The United Auto Workers union on Monday announced a tentative contract agreement with General Motors, the last of the three U.S.automakers to settle a costly strike that lasted nearly seven weeks. Similar deals were struck withStellantisand Ford. Read the full articlehere QcellsOpens Expanded Georgia Solar Panel Factory Manufacturing Dive–October 2023 The expansion is part of a $2.5 billion investment from the South Korea-based company to increase U.S. production capacity.TheSouth Korea-based company called the facility the largest of its kind in the Western Hemisphere and the first expansion of a solar panelplant since the Inflation Reduction Act was passed. Read the full articlehere LG Energy Solution Plans to Make Arizona a Hub for Cylindrical Battery Production Manufacturing Dive–October 2023 LG Energy Solution plans to make Arizona into a “production hub” for cylindrical battery production, even as the company struggles withstagnating demand. The battery maker, which announce