It was a bumpy year for the indoor farming sector, but insiders believe that greater capital discipline and continued advances in new technologies like CRISPR gene editing and advanced LEDs could set up a bounce back in 2024.
https://t.co/aZSNbCC0f3
A new era of agriculture is here: Indiana is partnering with Solix to create AI-powered robots that drastically reduce herbicide needs for farms in the region.
https://t.co/HBGUR5Uaz8
Echoing our customers' upbeat sentiments, ISM's recent survey projects U.S. Capex will continue its upward trajectory with an 11.9% increase in 2024 after this year's impressive 15% growth.
https://t.co/hOlMfPcX24
Encouraging sign for food and beverage producers—this survey shows 63% expect to increase Capex in the next 6 months with a focus on private label products.
https://t.co/OP8q18llNU
Despite higher interest rates, agricultural producers say now’s a great time to purchase farm equipment, since higher dealer inventories are slowing the pace of price increases.
https://t.co/SgGgZY5sxu
Chevron’s planned 11% Capex boost for 2024 underscores a post-pandemic recovery phase for the oil and gas sector focused on smart acquisitions and carbon reduction efforts.
https://t.co/OI1PTRa8qn
The boom in American battery and semiconductor manufacturing is well-documented, but other industries are materially increasing their capital spending as well -- notably chemical, transportation and food/beverage manufacturers.
https://t.co/4pnlPSf710
The American Chemistry Council’s 2023 report shows 25% of capital spending went into sustainable manufacturing—a percentage we think could increase in the next several years.
https://t.co/2xCJu0Ojqh
CFOs "need to change their mindset and take the time to become cyber savvy," according to this former FBI agent. Be prepared for inevitable attacks by deepening your knowledge of cyber threat methodologies in 2024.
https://t.co/SjcbYK3VnC
Oil and gas decommissioning in the North Sea is set to overtake Capex by 2040, representing a major industry shift and sizable growth opportunity in the next several decades.
https://t.co/0Jm3RpadqI
Given the massive market for obesity drugs, Novo Nordisk's $6 billion investment in Wegovy production expansion was a no-brainer. But can they build out capacity fast enough to satisfy demand?
https://t.co/NpmvnfZCN6
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The push to modernize energy infrastructure and harness renewable power is a worldwide trend. The question is: how soon, if at all, with other systems follow National Grid's lead?
https://t.co/R5n9T8lsZG
Construction Dive's tracker shows a 65.5% spike in manufacturing construction spending over the last 12 months. The resilience of the sector, despite higher rates, is impressive.
https://t.co/UHKKhbwoxg
Interesting report that shows U.S. hemp can become a $2.2 billion industry by 2030 while delivering a range of ESG benefits. Another example of putting growth Capex to work to drive ROI in the agribusinesses.
https://t.co/BMJ3EhzxuF
With a Capex slowdown expected next year, the largest mining companies are prioritizing critical minerals, energy transition, climate strategy and decarbonization of operations in future investment plans.
https://t.co/ktam5Toa25
EU survey shows more Capex being steered towards ESG investments. As we've said before, investors are wanting companies to embed sustainability into their long term strategy, not just tick a box.
https://t.co/OudhDJyTzT
These food and beverage manufacturers are investing in efficient equipment to combat rising energy costs. It’s a savvy move that buffers them against future price spikes without hampering long-term growth.
https://t.co/FAQK9k1rdy