Formic, a supplier of automation technology on a pay-as-you-go basis, has supplied 58-year-old family-run factory Compact Industries with its first robotic system.
Located in St Charles, Illinois, Compact faced challenges of a shrinking labor pool, high worker turnover, and supply and wage inflation; struggled to meet the increasing demands of the Fortune 500 companies it serves.
Formic’s robots-as-a-service model activated a cobot within hours of delivery, cut costs on hiring and re-training temporary workers, and enhanced safety. [Read more…] about Formic supplies 58-year-old family-run factory Compact Industries with its first robotic system