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Exel acquires Chinese composites business, downsizes Australian operations

Exel Composites has announced the acquisition of a Chinese composites production business in an effort to strengthen its position in the Asia Pacific (APAC)...
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Responding to manufacturing demand and performance signals

Australian manufacturers are navigating a challenging environment. Just as output had returned to growth, higher fuel and freight costs, rising input prices and global supply chain disruption renewed pressure on margins and cash flow.