M&A spotlight: Engineering & Construction

July 28, 2017
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By Colin McIntyre and Mike Sobolewski 2017 has been a year of economic uncertainty across many industries, but things are starting to improve for the Engineering and Construction sector when it comes to M&A. For the second quarter, there were 49 deals, valued at $21.6 billion globally. This represents a 72% increase in dollars and […]

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M&A Spotlight: Global Automotive Deal Activity

July 27, 2017
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By Jeff Zaleski, PwC Global Automotive M&A activity, across component suppliers, vehicle manufacturers, retail, dealership, aftermarket, etc., was strong in the first half of 2017. There were 276 deals valued at $24.4 billion, a 14% increase in value and 7% increase in volume when compared to the same time period in 2016. Average deal size […]

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The big three unknowns for US manufacturers with trade policy in flux

July 25, 2017
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By Bob McCutcheon The Trump Administration’s aim to tie US trade relations more closely to domestic manufacturing growth is prompting US companies and their trading partners to re-think supply chain and operations strategy. We see US governors, senators and industry associations reaching across US borders to put forward their cases as North American Free Trade […]

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Higher June housing starts reverse three-month decline

July 19, 2017
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By Scott Volling June housing starts came in at 1,215,000, 5% higher than the consensus of 1,155,000 and 2% higher than June of 2016. This is the highest number since February and reverses three straight months of declines.  Permits rose 7% from May to 1,254,000, an additional sign that the 3-month decline in starts from March […]

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The revolution won’t wait

June 29, 2017
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Technology Is Dramatically Changing Our Manufacturing Landscape By Robert McCutcheon The year began with a renewed sense of optimism among manufacturers given expectations for beneficial changes in tax policy, regulation and infrastructure spending. Despite continued uncertainty regarding the global economic climate, there was a consensus that a more business-friendly environment was on the horizon. Six […]

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Aerospace & Defense industry reports higher revenues and profits in 2016; strong forecast for 2017

June 20, 2017
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By Scott Thompson The top 100 aerospace & defense (A&D) companies accounted for $709 billion in revenue, resulting in $69 billion in profits for 2016 – an increase from $689 billion in revenue and $64 billion in profits compared with 2015. While this is below the record levels set in 2014, largely due to the […]

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Housing starts down as we head into summer

June 16, 2017
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By Scott Volling May housing starts came in at 1,092,000, well below consensus estimates of 1.21 million and down 2.4% year over year. We have been optimistic about the market’s slow and steady recovery based upon consistent year-over-year improvement, so we will need to watch carefully if this is a one-time anomaly or a multi-month trend. […]

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Gleaning insights from ‘Talking Tax’ participants during these unpredictable times

June 6, 2017
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By John Livingstone Our learnings from several years of hosting our ‘Talking Tax’ Executive Webcast Series have been invaluable — not only for our clients, but also for broadening our own perspectives. I recently hosted our 26th installment — the focus of which was the likelihood of tax and healthcare reform in 2017 and the […]

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Commercial transportation sector adapts to market disruption in 2017

May 30, 2017
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By Andrew Schmahl For decades, commercial transportation stuck to convention until new technologies and information systems began to drive market demand and shape expectations. Traditional companies have begun to respond, with some investing in sophisticated data networks to make their operations faster, more responsive and transparent. But 2016 was different. It was the year of […]

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It could be a costly year for the automotive industry

May 23, 2017
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By Ray Telang Global auto industry performance is seemingly strong – worldwide sales and profit margins are up for suppliers and automakers (OEMs). But if you look at performance indicators such as total shareholder value and return on invested capital, it’s clear the automotive industry continues to struggle, making it less attractive for investors. Simply […]

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