CLEVELAND and CHICAGO, Nov. 21, 2014 /PRNewswire/ -- The manufacturing sector in the United States has reached the highest rate of growth in more than four years, according to Shifting Into High Gear, an industry report released by Brown Gibbons Lang & Company (BGL) (www.bglco.com).
The BGL Industrials Insider, available online, highlights the expansion in the U.S. manufacturing sector for the 17th consecutive month. In fact, virtually all manufacturing industries expanded in the month of October, with strong demand and growth, and with new orders cited.
An expanding U.S. manufacturing sector is spurring investment in capital equipment and benefiting suppliers of industrial components. Key drivers of future equipment demand will be the replenishment of aging fleets, a recovering nonresidential construction market, and increased investment in civil and energy infrastructure.
Private equity is betting on the continued revival of the U.S. manufacturing economy, evidenced by increased investment in industrial companies, among them manufacturers of custom precision gears and engineered drive solutions where M&A activity is on the rise.
BGL publishes several Insider reports annually. The middle market investment banking firm based in Cleveland and Chicago releases reports on a variety of industries including automotive; consumer products; building products and construction materials; energy and environmental services; healthcare and life sciences; industrials; metals; and plastics and packaging. Download BGL Insider reports at bglco.com.
About Brown Gibbons Lang & Company
Brown Gibbons Lang & Company is a leading independent investment bank serving the middle market. BGL specializes in mergers and acquisitions advisory services, debt and equity placements, financial restructuring advice, and valuations and fairness opinions, with global industry teams in Consumer Products & Retail Services, Energy & Environmental Services, Healthcare & Life Sciences, Human Capital Management Outsourcing, Industrials, Metals & Metals Processing, Plastics & Packaging, and Real Estate. BGL has offices in Chicago and Cleveland, and Global M&A partner offices in more than 50 countries across 5 continents, which allows us to deliver to our clients unparalleled access to corporations, investors, and opportunities globally. Visit www.bglco.com.
Contact: Wendy Neal
SOURCE Brown Gibbons Lang & Company