The use of technology and automation will be of paramount importance to not just supplement the labor force, but also to meet ever increasing customer requirements and provide visibility across the end-to-end supply chain.
The infusion of artificial intelligence (AI) into R&D and manufacturing processes is responsible for the current unprecedented pace of the manufacturing landscape, which has unleashed a wave of innovation, efficiency, and quality in the sector.
The South Korean adhesive manufacturer will locate its first U.S. facility in Tennessee, investing $30 million in the city of Morrison in Warren County.
Despite achieving a record fiscal year adjusted EBITDA margin of 16.5%, the results were mixed for both the fourth quarter and all of 2023, but a positive outlook remains.