Carleton McKenna’s 3Q24 Material Handling and Process Equipment report explores sector growth trends such as automation, e-commerce expansion, and reshoring of manufacturing. The industry continues to adapt to rising demand for efficient logistics and production solutions, with both strategic buyers and private equity investors showing increased interest.

• Increased Demand for Automation: As businesses focus on improving efficiency and reducing labor costs, demand for automated material handling systems, including conveyors, forklifts, and cranes, continues to rise, particularly in e-commerce and logistics.
• Geographical Advantages: The U.S. Great Lakes and Southeastern regions remain manufacturing hubs, benefitting from proximity to major industries like automotive and logistics, and state-level incentives that further boost growth in material handling and process equipment manufacturing.

To learn more about Carleton McKenna’s wide range of transaction experiences, strategies for growth or exit, and current Industrial Distribution industry trends, please contact us.