INDUSTRIAL CONTROLS MARKET HEALTHY
According to a MARKETS AND MARKETS report, the industrial control and factory automation market is expected to reach sales of $269.5 billion by 2024, up from $160 billion reported in 2018 for a CAGR of about 9 percent. Market growth can be attributed to an emphasis on industrial automation and optimum utilization of resources.
BONDUELLE GROUP
The BONDUELLE GROUP has entered into discussions with SENECA FOODS CORPORATION to acquire its plant in Lebanon, Penn., which has seven processing lines.