Management

Gord Johnston to Transition to Vice Chair of Stantec's Board of Directors

Globe Newswire — Wed, 17 Jun 2026 21:00:00 +0000

EDMONTON, Alberta and NEW YORK, June 17, 2026 (GLOBE NEWSWIRE) -- TSX, NYSE:STN

Stantec, a global leader in sustainable design and engineering, announces today that Gord Johnston will retire as president and chief executive officer, effective October 1. Mr. Johnston will remain on the Board, taking on the role of vice chair. Susan Reisbord, currently chief operating officer of the North America business, has been appointed as the next president and chief executive officer.

"Susan is a proven leader with a strong track record of delivering results," said Doug Ammerman, chair of Stantec's Board of Directors. "Under Susan's leadership, Stantec is well positioned to deliver on its commitments today, while advancing into its next chapter of growth, including the development and execution of the Company's next Strategic Plan."

"Susan is the right leader for Stantec's next chapter," said Mr. Johnston. "She understands our business, our strategy, and our culture, and will continue to drive operational excellence and growth across the company. I have full confidence in her and in the Company's future."

Deep Commitment to Continuity

This transition is the result of a long-standing, Board-led succession plan. Stantec's client relationships, project delivery, and operational focus remain unchanged, reflecting the strength and consistency of its leadership platform.

Ms. Reisbord brings more than 30 years of experience in the industry, joining Stantec in 2021 with the acquisition of Cardno, where she was the CEO. Ms. Reisbord became the business operating unit leader for Stantec's Environmental Services business line, before being promoted in 2025 to chief operating officer for North America, the company's largest geographic operating ...

Full story available on Benzinga.com

Five Below Announces Leadership Appointments

Globe Newswire — Wed, 17 Jun 2026 20:42:55 +0000

Rodney Lastinger named Chief Retail Officer
Christos Yatrakis named Chief Legal Officer

PHILADELPHIA, PA, June 17, 2026 (GLOBE NEWSWIRE) -- Five Below, Inc. (NASDAQ:FIVE), the trend-right, high-quality, extreme-value retailer for the kid and the kid in all of us, today announced the appointments of Rodney Lastinger as Chief Retail Officer and Christos Yatrakis as Chief Legal Officer. Mr. Lastinger will be responsible for leading the operational performance of the Company's growing network of nearly 2,000 stores and will join Five Below on June 22, 2026. Mr. Yatrakis will oversee the Company's legal function and joined on June 15, 2026. Both executives will report to Kenneth Bull, Chief Operating Officer.

"We are thrilled to welcome Rodney and Christos to the Five Below crew," said Winnie Park, Chief Executive Officer. "Rodney brings exceptional operational leadership and a proven track record of driving results and building high-performing teams across large, multi-unit organizations. His fresh perspective and customer-focused approach will be invaluable as we continue our store expansion and further enhance our store experience."

Ms. Park continued, "Christos brings deep expertise in corporate governance and public company compliance, as well as broad business acumen and enterprise leadership experience. Both Rodney and Christos share our ...

Full story available on Benzinga.com

Certara Announces CFO Transition

Globe Newswire — Wed, 17 Jun 2026 20:30:00 +0000

RADNOR, Pa., June 17, 2026 (GLOBE NEWSWIRE) -- Certara, Inc. (NASDAQ:CERT), a global leader in model-informed drug development, announces that John Gallagher, Chief Financial Officer, has notified the Company of his intent to resign from his office effective as of the end of the day on July 14, 2026.

Concurrently, Certara has launched a search with a leading executive search firm to identify the Company's next Chief Financial Officer.

Faiz Mohammed, Certara's Senior Vice President of Finance and Treasurer, has agreed to serve as Interim CFO upon Mr. Gallagher's departure until a successor is named and appointed. Mr. Mohammed has been a finance leader with Certara since 2018 and brings more than 25 years of senior finance and accounting experience across public and private equity-backed companies.

Certara Reaffirms 2026 Guidance

Certara takes this opportunity to reaffirm the Company's 2026 Financial Guidance provided during the first quarter earnings call on May 11, 2026.

About Certara

Certara transforms drug discovery and development for good, helping scientists and clinical teams generate regulatory-grade evidence faster. Its solutions combine biosimulation, clinical intelligence, and regulatory science, and are embedded in the workflows of drug developers worldwide. Certara clients include more than 2,600 biopharmaceutical companies, academic institutions, and global regulatory agencies. Learn more at certara.com.

Investor Relations Contact:
David Deuchler
Gilmartin Group
[email protected]

Media Contact:
Alyssa Horowitz
[email protected]

Forward Looking Statements
This press release contains certain statements that constitute forward-looking statements within the meaning of the "safe harbor" provisions of the Private Securities Litigation Reform Act of 1995, including, but not limited to, statements regarding the Company's financial guidance, management succession plans and future business and financial performance and outlook. Actual results may differ materially ...

Full story available on Benzinga.com

South Plains Financial, Inc. Announces Executive Leadership Transition

Globe Newswire — Wed, 17 Jun 2026 20:15:00 +0000

~ Curtis Griffith to Retire as Chief Executive Officer, Continue as Chairman of the Board ~

~ Cory Newsom Appointed Chief Executive Officer Effective December 31, 2026 ~

LUBBOCK, Texas, June 17, 2026 (GLOBE NEWSWIRE) -- South Plains Financial, Inc. (NASDAQ:SPFI) ("South Plains" or the "Company"), the parent company of City Bank ("City Bank" or the "Bank"), today announced the upcoming retirement of Curtis Griffith, Chairman and Chief Executive Officer, to be effective December 31, 2026. Mr. Griffith will remain a director of the Company and its wholly owned subsidiary, City Bank, and will continue to serve as Chairman of the Board. South Plains' board of directors has appointed Cory Newsom, director and President, as the Company's Chief Executive Officer, effective upon Mr. Griffith's retirement on December 31, 2026.

Curtis Griffith commented, "It has been the privilege of a lifetime to be part of building South Plains over more than four decades. What I am most proud of is the culture we've created—one centered on relationships and a shared commitment to helping people succeed. From our employees to our customers, partners and communities, we have always believed that our core purpose is to use the power of relationships to help people succeed and live better."

Mr. Griffith continued, "Our leadership transition has been the result of many years of deliberate planning, and Cory has been instrumental throughout that process. He has been leading our day-to-day operations and driving our growth strategy, with a clear focus on disciplined organic loan growth and strategic M&A, including the recent successful acquisition and integration of Bank of Houston. Cory's leadership and execution give me confidence that this transition will be seamless and that South Plains will continue to deliver on its growth strategy and create long-term shareholder value."

Cory Newsom added, "I am honored to step into this role and grateful to our board for the opportunity to continue to be part of South Plains' journey. Curtis' leadership, partnership and unwavering commitment to our culture and communities have shaped this Company in a way that will endure, and I have learned a great deal working alongside him."

Mr. Newsom concluded, ...

Full story available on Benzinga.com

ADT Joins Board of Directors of the Connectivity Standards Alliance, Reinforcing Its Role in Shaping the Future of the Connected Home

Globe Newswire — Wed, 17 Jun 2026 20:14:28 +0000

BOCA RATON, Fla., June 17, 2026 (GLOBE NEWSWIRE) -- ADT Inc. (NYSE:ADT), the leader in smart home security solutions, today announced it has joined the Board of Directors of the Connectivity Standards Alliance (CSA), the global organization behind Matter, Zigbee and Aliro, foundational standards shaping the future of connected living. The appointment places ADT alongside leading technology innovators including Apple, Google, Amazon, Samsung and LG, reinforcing the company's role in guiding the next era of secure, smart home experiences. Alexander Crettenand, ADT's VP of Software Engineering, and Tai Nguyen, Senior Director of Firmware Engineering, will represent ADT on the CSA Board.

A Market Built on Connection — and Protection

The smart home market continues to expand rapidly, creating new opportunities for consumers and providers alike. Today, 63% of U.S. households own at least one smart home device, and global smart home spending continues to accelerate toward a projected $633 billion market by 2032. At the same time, home security has become a mainstream necessity, with 61% of U.S. households now having at least one security camera, up from 52% in 2024.¹

While tens ...

Full story available on Benzinga.com

Algoma Steel CEO walks away with $6.8 million in wake of 1,000 layoffs and billion-dollar loss

Globe Newswire — Wed, 17 Jun 2026 20:09:40 +0000

TORONTO, June 17, 2026 (GLOBE NEWSWIRE) -- The United Steelworkers union (USW) released the following statement today regarding the disclosure of 2025 executive compensation packages at Algoma Steel in Sault Ste. Marie:

In December 2025, mere days before Christmas, Algoma Steel – under the leadership of Chief Executive Officer Michael Garcia – announced that more than 1,000 workers at its Sault Ste. Marie operations would be laid off.

Workers, their families and the entire community were devastated by the news, as well as the announcement's brutally callous timing. With Algoma – the city's largest employer – on the verge of recording an annual loss of nearly $1 billion, many in Sault Ste. Marie were left reeling and worried for their and the community's future.

Not everyone, however.

In particular, Algoma's CEO, who had previously decided he would retire at the end of 2025, was set to receive a multimillion-dollar compensation package approved by Algoma's board ...

Full story available on Benzinga.com

Freehold Royalties Announces Appointment of Chief Financial Officer

Globe Newswire — Wed, 17 Jun 2026 20:01:00 +0000

CALGARY, Alberta, June 17, 2026 (GLOBE NEWSWIRE) -- Freehold Royalties Ltd. (Freehold) (TSX:FRU) is pleased to announce the appointment of Brad Monaco as its Chief Financial Officer, effective June 22, 2026.

Brad has extensive energy experience spanning finance, strategy, capital markets and operations. Most recently, he served as Chief Financial Officer of Parkland Corporation. Prior to taking on the role of Chief Financial Officer, Brad held various leadership roles at Parkland, including Vice President Finance ...

Full story available on Benzinga.com

Concurrent Technologies Corporation Names Chris Hamilton as New President & CEO

Globe Newswire — Wed, 17 Jun 2026 18:48:12 +0000

Johnstown, PA, June 17, 2026 (GLOBE NEWSWIRE) -- Concurrent Technologies Corporation (CTC) is pleased to announce the appointment of Christopher J. Hamilton as its new President and Chief Executive Officer, effective June 29, 2026. Hamilton succeeds Edward J. Sheehan, Jr., who will retire on June 30, 2026, after 33 years of distinguished service to the organization.

The selection of Hamilton follows a comprehensive national search by CTC's Board of Directors. The Board sought a leader who will build on the company's strong foundation and drive its next phase of growth and innovation in support of complex customer missions.

"It is an honor to join Concurrent Technologies Corporation at such a pivotal time in its history," said Hamilton. "CTC's reputation for technical excellence, mission focus, and customer commitment is impressive. I look forward to working with the talented CTC team to build on this legacy of delivering innovative solutions to hard problems that address the challenging needs of our nation."

"We are excited to welcome Chris Hamilton as CTC's next President & CEO," ...

Full story available on Benzinga.com

C-Suite and HR Leaders Say Both Life Skills and AI Skills Matter

Globe Newswire — Wed, 17 Jun 2026 16:58:49 +0000

HIGH POINT, N.C., June 17, 2026 (GLOBE NEWSWIRE) -- A new national study from High Point University reveals a striking consensus between C-Suite executives and Human Resources professionals: while skills in artificial intelligence are increasingly valuable in today's workplace, life skills remain the decisive factor in hiring decisions and achieving career success.

These leaders consistently agree that both life skills and AI skills matter. Yet when forced to choose between the two, both groups overwhelmingly preferred job candidates with life skills such as emotional intelligence and a strong work ethic.

A Powerful Combination

The two surveys were fielded separately with two distinct samples from April 28-30, 2026. Despite different vantage points — one group setting strategic direction, the other managing talent pipelines — they arrived at similar conclusions with their answers aligning within 1-4 percentage points on nearly every survey item.

A few examples of these aligned findings include:

90% of C-Suite executives and 93% of HR pros agree that life skills such as emotional intelligence, work ethic, motivation and collaboration still matter when hiring in the AI era.
87% of C-Suite executives and 92% of HR pros say the ideal leader in the workplace possesses a balance of technical and life skills.
Only 17% of C-Suite executives and 14% of HR pros have ever hired someone based solely on AI experience.
When asked to devise their "perfect employee," 64% of C-Suite executives and 66% of HR pros chose a roughly 50/50 blend of AI skills and life skills.

"We are intensely focused on the success of our students and work tirelessly to ensure the education we provide fits the needs of the competitive marketplace," says HPU President Nido Qubein. "This is why HPU has surveyed business leaders over the years for their feedback, and these results reaffirm our mission as The Premier Life Skills University. Even in the midst of artificial intelligence changing the workplace, employers continue to tell us they need graduates equipped with life skills that outlast inevitable technological disruption."

"These findings highlight why life skills remain at the center of career success," says Heidi Echols, director of HPU's Center for Innovative Teaching and Learning. "AI can enhance how work is done, but it is human capabilities like communication, collaboration and problem solving that determine how effectively AI is used. At High Point University, we are focused on a human-centered approach to AI that prepares students to excel in both areas."

Life Skills Remain Crucial for Career Success

When forced to choose between a candidate with solely AI technical capabilities or one with solely life skills, the winner was clear: 75% of C-Suite executives and 78% of HR professionals chose the life skills candidate.

This preference also held firm across every specific life skill tested:

Emotional intelligence or AI: 70% of C-Suite executives and 72% of HR pros preferred emotional intelligence
Motivation or AI: 75% of C-Suite executives and 79% of HR pros preferred motivation
Coachability or AI: 75% of C-Suite executives and 79% of HR pros preferred coachability
Positive temperament or AI: 76% of C-Suite executives and 79% of HR pros preferred positive temperament

Life Skills Are Harder to Teach New Employees

Both groups overwhelmingly agree that life skills are substantially more difficult to train than AI skills.

C-Suite executives rated which was harder to train — various life skills or AI:

81% said leadership is harder to train than AI skills
80% said emotional intelligence is harder to train than AI skills
79% said problem solving is harder to train than AI skills
78% said overall life skills are harder to train than AI skills
77% said professionalism is harder to train than AI skills
76% said adaptability and motivation are harder to train than AI skills

Meanwhile, HR professionals rated which was easier to train — life skills or AI skills:

77% said AI skills are easier to train than motivation
74% said AI skills are easier to train than leadership
74% said AI skills are easier to train than emotional intelligence
70% said AI skills are easier to train than problem solving
70% said AI skills are easier to train than a positive temperament

A Consistent Consensus Over the Years

In two previous national surveys (2018 and 2022), HPU asked C-Suite leaders similar questions about which is more important — technical skills or life skills. Both groups have reported consistent findings over the years despite the disruptions of COVID-19, remote work and now artificial intelligence.

In 2018, 65% of executives said they would rather colleges equip students with life skills such as motivation, emotional intelligence and the ability to solve problems, as opposed to 35% who said they would rather colleges instill technical skills such as training on a specific software or subject. However, 67% of executives believed that colleges were better at teaching technical skills than life skills.

In 2022, similarly, when asked a series of questions about which is easier to develop — life skills or technical skills — a majority of 75% said it is much easier to develop an employee's technical skills than personal initiative. Additionally, 70% said it is much easier to develop an employee's technical skills than it is to develop their coachability.

The 2022 survey also asked which of these attributes would most likely cause an employee to be overlooked for a promotion at your organization:

46% - Doesn't accept feedback and constructive criticism
36% - Doesn't know how to solve complex problems
18% - Doesn't have the technical skills needed

How Both Groups Use AI

In addition to sharing the best mix for employees to thrive in their workplaces, C-Suite executives and HR pros also shared how AI is part of their work each day.

Both groups are deeply familiar with AI itself: 84% of executives and 86% of HR pros have tried AI chatbots, and majorities use AI in their work. The study results do not reflect the opinions of individuals who are unfamiliar with this new technology. They instead are the judgment of leaders who know the technology well.

Executives say they most commonly use AI for research or to find more information about a specific topic (72%), to edit written content (54%) or to summarize information from documents or meetings (51%). HR pros had similar but slightly different responses, reporting that they most commonly use AI for research or to find more information about a specific topic (75%), to edit written content (67%) or to draft reports, documents or other written content (63%).

More than half of both groups say they use AI either every day or a few times a week for tasks at work. Meanwhile, 34% of executives and 31% of HR pros say AI has drastically changed the way they work.

A Gap Between Graduate Preparation and Employer Preference

The survey reveals a concerning disconnect: 44% of C-Suite executives and 46% of HR professionals believe recent college graduates are more strongly prepared with AI and technical skills, while only 17-18% see them as prepared with life skills. Yet when asked what they prefer graduates to be prepared with, 39% of C-Suite executives and 44% of HR pros chose life skills and professionalism — more than double those choosing AI skills alone (15%/14%).

Life Skills Enable AI Success

Coming full circle, C-Suite executives also identified life skills as the foundation for effective AI implementation. When asked which skills are important for effectively learning and implementing AI, the top responses were:

Problem solving (68%)
SOFIA, Bulgaria, June 17, 2026 (GLOBE NEWSWIRE) -- EnduroSat, a space infrastructure builder, today announced the appointment of Brandon Tripp ("Tripp") as Chief Commercial Officer. In this role, he will lead the scaling of EnduroSat's commercial operations and accelerate global growth.

Tripp brings more than 15 years of commercial space, defense, and national leadership experience. Most recently, he led global growth initiatives at Bluestaq, scaling the company's presence across international defense and commercial markets. Prior to that, he led capture strategy for Palantir's Space business, supporting enterprise and government programs across the space and national security sectors. He has also held leadership roles at AMERGINT Technologies (now CACI) and TMC Design. A former U.S. Army Special Forces Green Beret, Tripp brings ...
Full story available on Benzinga.com

Cabrera Capital Welcomes Andrew Belinfanti Knight as Managing Director and Head of the West

Globe Newswire — Wed, 17 Jun 2026 15:19:00 +0000

LOS ANGELES, June 17, 2026 (GLOBE NEWSWIRE) -- Cabrera Capital announced that Andrew Belinfanti Knight has joined the firm as Managing Director and Head of the West. He succeeds Shawn Dralle as she transitions to a public service role with Los Angeles County as Assistant Treasurer/Tax Collector.

Belinfanti Knight brings two decades of experience in public finance and banking, primarily in California and the West, with prior roles at Siebert, UBS, and Wells Fargo. In his new position he will lead Cabrera Capital's Western Region, expanding issuer relationships and providing continuity for the firm's California practice alongside Ben Cardenas, Director.

"Shawn built an exceptional foundation for our West Coast public finance business," said Mario Carrasco, Co-Head of ...

Full story available on Benzinga.com

AFTD Welcomes Rachel Biblow as New Chief Executive Officer

Globe Newswire — Wed, 17 Jun 2026 14:53:52 +0000

King of Prussia, PA, June 17, 2026 (GLOBE NEWSWIRE) -- Rachel Biblow officially began her tenure as Chief Executive Officer of The Association for Frontotemporal Degeneration (AFTD) in May 2026, bringing with her decades of experience in health care transformation, patient and family engagement, and mission-driven leadership. As she begins this new chapter alongside the AFTD community, Biblow is focused on listening, learning, and building on the strong foundation established by her predecessor, Susan L-J Dickinson, over the past 18 years.

"What Susan has built is extraordinary," Biblow said during her introductory remarks to AFTD staff. "Our job is to continue that great success from here."

AFTD Board Chair Rita Choula noted that Biblow's leadership experience, collaborative approach, and passion for mission-driven work make her a natural fit for the organization's next chapter.

"Rachel brings both strategic vision and deep humanity to this role," Choula said. "She understands the importance ...

Full story available on Benzinga.com

All In FutureTech Alliance Inc. Announces the Election of Prominent AI Technology Investor and Influential Content Creator Li Shanglong as New Chairman, Along With Certain Management Changes

Globe Newswire — Wed, 17 Jun 2026 14:45:25 +0000

NEW YORK, June 17, 2026 (GLOBE NEWSWIRE) -- All In FutureTech Alliance Inc. (NASDAQ:AIFA) (the "Company" or "AIFA") today announced that it has completed a new round of adjustments to its core Board composition and management team in order to further align with the Company's strategic transformation toward a future technology platform driven by two core engines: an "AI infrastructure network" and an "AI application services matrix."

I. James Li Resigns as CEO and Chairman for Personal Reasons

The Company announced that James Li has resigned from his positions as the Company's Chief Executive Officer (CEO) and Chairman of the Board for personal reasons. To ensure continuity in the implementation of the Company's established strategy and the smooth transition of related major projects, Mr. Li will, during a transition period, remain with the Company solely in his roles as President and Director, and will continue to support the Company's strategic execution, advancement of major projects, and coordination of relevant resources.

The Board stated that James Li has been a principal architect and key leader in stabilizing the Company, redefining its strategic direction, and advancing its broader transformation in recent years. Under his leadership, the Company transitioned from a traditional experiential entertainment business toward a future technology platform and established a dual-engine growth strategy centered on an "AI infrastructure network" and an "AI application services matrix." Mr. Li played an instrumental role in the Company's strategic planning and the advancement of major initiatives. The Board expressed its sincere appreciation for Mr. Li's leadership and his substantial contributions to the Company's strategic transformation.

II. Board Elects Li Shanglong (Michael Li) as New Chairman and Appoints Shao Weizhi (Eric Shao) as New Chief Executive Officer

Following careful review and election by the Board, the Board has resolved to:

elect Mr. Li Shanglong (Michael Li) as the Company's new Chairman; and
appoint Mr. Shao Weizhi (Eric Shao) as the Company's new Chief Executive Officer (CEO).

About Mr. Li Shanglong (Michael Li)

Mr. Li Shanglong is currently based in Silicon Valley and serves as the Founding Partner of Aivolution Venture, with a long-standing focus on artificial intelligence, frontier technology, and capital markets investment. His areas of focus include AI infrastructure, AI applications, semiconductors, robotics, enterprise services, and content technology. He participates in the management and allocation of AI-related assets with an aggregate scale exceeding US$100 million, and has also participated in fund investment exposure relating to leading frontier technology companies including Nvidia, SanDisk, Lumentum, Anthropic, SpaceX, and xAI. From 2025 to 2026, the scale of the funds in which he participated in management and allocation increased by 600%. Mr. Li has long tracked structural changes across the artificial intelligence value chain, including compute, models, data, connectivity, applications, and content ecosystems, and is skilled at identifying AI industry opportunities through the lenses ...

Full story available on Benzinga.com

Data Center Generators Market Surges to $9.79 billion at a CAGR 2.7% by 2031 | Exclusive Report by MarketsandMarkets™

Globe Newswire — Wed, 17 Jun 2026 14:30:00 +0000

Delray Beach, FL, June 17, 2026 (GLOBE NEWSWIRE) -- According to MarketsandMarkets™, the global Data Center Generators Market is expanding rapidly, projected to grow from USD 8.57 billion in 2026 to USD 9.79 billion in 2031 at a CAGR of 2.7%.

Browse 340 market data Tables and 40 Figures spread through 270 Pages and in-depth TOC on "Data Center Generators Market - Global Forecast to 2031"

Data Center Generators Market Size & Forecast:

Market Size Available for Years: 2020–2031
2026 Market Size: USD 8.57 billion
2031 Projected Market Size: USD 9.79 billion
CAGR (2026–2031): 2.7%

Data Center Generators Market Trends & Insights:

North America is projected to hold the largest market share during the forecast period.
Diesel generators are estimated to hold a market value of USD 5,789.6 million in 2026.
The above 3 MW generators are projected to grow at the highest CAGR of 5.4% during the forecast period.
The colocation data centers segment is projected to be the second fastest-growing end user during the forecast period.

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=251952865

The rapid expansion of edge computing and distributed digital infrastructure is becoming a major driver for the market. Enterprises, telecom operators, and cloud providers are increasingly deploying smaller edge data centers closer to end users to support low-latency applications such as AI inference, autonomous systems, IoT platforms, video streaming, and 5G services. Unlike hyperscale facilities concentrated in major hubs, edge sites are often located in areas with weaker grid reliability and limited utility redundancy, increasing the need for dependable backup and continuous power solutions. This trend is driving demand for compact, modular, and fast-start generator systems that can operate efficiently in decentralized environments. Vendors are therefore focusing on scalable diesel and gas-powered gensets with remote monitoring, hybrid energy integration, and lower-emission capabilities to support the growing number of distributed mission-critical facilities worldwide.

The emergence of hydrogen-ready and hybrid power generator technologies is expected to significantly transform the data center generators market over the coming years. Generator manufacturers are increasingly developing gas-powered systems capable of operating on hydrogen blends, biogas, and renewable fuels to help data center operators reduce carbon emissions while maintaining high power reliability. At the same time, hybrid power architectures integrating generators with battery energy storage systems (BESS), renewable energy sources, and intelligent microgrid controls are gaining traction.

These systems improve fuel efficiency, reduce generator runtime, and support peak load management during grid instability. Advanced digital monitoring platforms using AI-based predictive maintenance and real-time energy optimization are also improving operational efficiency and uptime. Together, these advancements ...

Full story available on Benzinga.com

Poultry Processing Equipment Market Poised to Reach USD 8.61 Billion by 2035 Amid Rising Demand for Processed Poultry Products

Globe Newswire — Wed, 17 Jun 2026 13:49:00 +0000

Delray Beach, FL, June 17, 2026 (GLOBE NEWSWIRE) -- According to MarketsandMarkets, the global poultry processing equipment market is estimated at USD 4.97 billion in 2026 and is projected to reach USD 8.61 billion by 2035, growing at a CAGR of 6.3% during the forecast period. The global poultry processing equipment market is witnessing significant growth as poultry producers and food processors increasingly invest in advanced technologies to enhance efficiency, food safety, and production capacity.

Market Size and Forecast:

Market Size Value in 2025: USD 4.69 Billion
Market Size Value in 2026: USD 4.97 Billion
Revenue Forecast in 2035: USD 8.61 Billion
Growth Rate: CAGR of 6.3% from 2026 to 2035
Data available from 2022 to 2035
Base year: 2025
Forecast period: 2026–2035
The Asia Pacific region is estimated to account for 25.6% of the poultry processing equipment market in 2026.
By product type, the fresh processed segment is projected to witness a CAGR of 6.2% from 2026 to 2035.

Request Custom Data to Address your Specific Business Needs

Asia Pacific Emerges as the Fastest-Growing Regional Market

Asia Pacific is expected to record the highest growth rate during the forecast period, driven by expanding commercial poultry production and increasing poultry meat consumption across countries such as China, India, Japan, and Thailand.

Rapid urbanization, rising disposable incomes, and changing dietary preferences are encouraging greater consumption of processed poultry products throughout the region. As a result, poultry processors are investing heavily in modern processing facilities and automated equipment to meet growing demand.

In addition, strengthening food safety regulations, increasing poultry exports, and the expansion of international fast-food chains continue to support market growth across Asia Pacific.

Why Is the Poultry Processing Equipment Market Growing?

The poultry processing equipment industry is expanding rapidly due ...

Full story available on Benzinga.com