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Freedonia Focus Reports | July 18, 2020

US demand for soybean products is forecast to increase less than 1.0% annually in volume terms through 2024, according to Soybean Products: United States, a report recently released by Freedonia Focus Reports. Suppliers will benefit from expected increases in US output of animal feed and manufacturing activity, which are in turn bolstered by population growth and consumer spending. However, the domestic market for soybean products is largely mature, and competition from other types of feedstock ...

Manufacturing Technology

Business Wire | October 25, 2023

In partnership with Lorraine Capital, four US-based industrial manufacturing companies – Summit Steel & Manufacturing, Inc., Fairlawn Tool, Inc., Laser Specialties, Inc., and Summit Storage Solutions – announced the formation of Caldera Manufacturing Group, a new manufacturing entity, which is now one of the largest and most comprehensive single-source solution ...

Digital Transformation

Sybridge Technologies | January 05, 2022

On January 4, SyBridge Technologies, a global industrial technology company, said it had bought Action Tooling LLC and Lakeshore Fixture & Gauge Ltd. Both agreements strengthen SyBridge's Technology & Services business area and position the company to provide end-to-end solutions. SyBridge's fifth and sixth purchases in 2021 are Action and Lakeshore. Crestview Partners, a New York-based private equity company, founded SyBridge Technologies in 2019 with a $200 milli...

Smart Factory

Qorvo | December 20, 2023

Qorvo® a leading global provider of connectivity and power solutions, today announced that it has reached a definitive agreement with Luxshare Precision Industry Co., Ltd. a global advanced contract manufacturer, under which Luxshare will acquire Qorvo’s assembly and test facilities in Beijing and Dezhou, China. The companies anticipate completing the transaction by the first half of calendar 2024, subject to receipt of regulatory approvals and the satisfaction or waiv...