Tuesday, May 21, 2024

Automation as a vital investment even as economic headwinds persist



Great article in today's Monitor Daily confirming the fact that this is a "hot" time for automation sales.  Have you implemented a comprehensive customer financing strategy to help leverage more business?


In a recent study completed by Secured Research, only 17% of middle market food and beverage manufacturers were cutting capex spend going into 2024. An impressive 64% planned on increasing investments in automation by 20% or more in the next 24 months.

Middle Market food and beverage manufacturers face the dual challenge of staying ahead of the competition and managing a shrinking labor market. The pressing need for efficiency and consistency in production has led many to turn towards automation as a vital investment even as economic headwinds persist.

64% of middle market food and beverage manufacturers plan on increasing investments in automation by 20% or more in the next 24 months. Only 17% plan cuts.

Link to Story:

  Why Mid-Sized Food and Beverage Manufacturers Must Invest in Automation >>>


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