Daifuku has maintained a net cash position for the past eight years. From a more long-term standpoint, net debt/EBITDA peaked at 2.95 times in fiscal 2011, when the company acquired Logan Teleflex.

The increase is due to increasing connected devices and machines requiring orchestration in the warehouse, says ABI research.

The pneumatic conveying systems market is driven by several factors, including the growing demand for automation in industrial processes and the need for efficient material handling solutions. The ...

This success story, which has been repeated many times at various companies including Boeing, Intel and Siemens Healthline, ...