先进制造业月度更新——2023年6月

Advanced ManufacturingIndustry Update | June 2023 Advanced Manufacturing Industry Update Overview CONTENTS Introduction Cascadia Capital OverviewKey TrendsKey StatisticsWhat We’re ReadingHistorical Trading StatisticsPublic ComparablesSelect M&A ActivityIndustry Events 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. Wepartner with our clients to deliver results based on our domain expertise, transactionexperience, and commitment to long-term relationships. Cascadia Capital offers a level ofexpertise and customization clients won’t find elsewhere. Our platform offers a level ofexperience, sub-vertical industry expertise, and customization delivered on an integratedteam basis to optimize outcomes for our clients. We have provided our services to leadingprivate equity firms and extraordinary business owners for over 20 years. With bankersacross multiple industry verticals, Cascadia Capital has the experience to offer industrybreadth while maintaining sector depth. Our industry-focused bankers are experts in theirfield and deliver tailored advice and solutions to suit the unique needs of our clients. Oursector specialists stay on top of market trends, risks and opportunities which makes us avaluable and trusted advisor for to our clients. Kevin Frisch leads the Advanced Manufacturing practice at Cascadia Capital. Kevin has over25 years of experience working with companies across Industry 4.0 and is a regularspeaker at industry events. He was one of the first bankers covering this sector and is inclose contact with strategic and financial investors in the space. Principal Sector Focus CONTACTS Kevin FrischGroup Head, Managing Directorkfrisch@cascadiacapital.com+1 (917) 584-7803 Advanced /SpecialtyMaterials Casting Tooling& Molding Nicholas CaledoniaSenior Associatencaledonia@cascadiacapital.com+1 (323) 486-8122 ContractManufacturing& Assembly Spencer MuellerAssociatesmueller@cascadiacapital.com+1 (206) 436-2507 Finishing &TestingServices ManufacturingEquipment InjectionMolding Joe CornerSenior Analystjcorner@cascadiacapital.com+1 (206) 436-2517 MetallurgyServices Michael BurchettAnalystmburchett@cascadiacapital.com+1 (206) 436-25002 Advanced Manufacturing Industry Update Advanced Manufacturing Industry Update Key Statistics Manufacturing Data Advanced Manufacturing Industry Update What We’re Reading Unlocking the Value Potential of Additive Manufacturing Manufacturing Tomorrow – May 2023 With potentially dramatic cost and time savings, business leaders are looking to further expand AM’s footprint in theirproduction process. Aerospace and medical equipment industries are leading the way regarding AM for end-use parts. Inaddition, machinery, industrial equipment, oil and gas, as well as energy are beginning to take advantage of AM beyondprototyping.Read the full articlehere US Core Capital Goods Orders Rebound in April Reuters – May 2023 New orders for key U.S.-manufactured capital goods unexpectedly rebounded in April, raising cautious optimism thatbusiness spending on equipment could recover in the second quarter.. Shipments of core capital goods rose 0.5% afterfalling 0.2% in March. Core capital goods shipments are used to calculate equipment spending in the gross domestic productmeasurement.Read the full articlehere Stratasys and Desktop Metal to Merge in $1.8 Billion All-Stock Transaction Metal AM – May 2023 Stratasys Ltd and Desktop Metal, Inc, have announced a definitive agreement whereby the companies will combine in an all-stock transaction valued at approximately $1.8 billion. Together, the merger creates an Additive Manufacturing companydelivering industrial metal, polymer, sand and ceramic solutions from design to mass production. Read the full articlehere Deere Raises Annual Profit Outlook on Strong Demand Reuters – May 2023 Deere & Co topped Wall Street profit expectations on strong sales of its tractors and precision agriculture equipment, andraised its net income forecast for the rest of the year as order books remain robust. The company's production andprecision agriculture division retail sales outpaced other segments with a 53% jump in revenue. Operating profit increased105% year-over-year, aided by a 20% price hike for the equipment line. Read the full articlehere Semiconductor Index Surges with Nvidia Leading Race Reuters – May 2023 The semi index was last up 6.3% after hitting its highest level since early April 2022 while chip designer Nvidia, its biggestgainer by far, was up 26.7% and trading at record levels. Nvidia announced a second-quarter revenue target more than 50%above Wall Street estimates with plans to boost supply to meet surging demand for its artificial-intelligence chips, which areused to power popular services including Ch