Knowledge Center

8 Key Criteria for Your Industrial Automation ROI Calculation

Posts

What are the top factors that drive return on investment for factory automation? Attaining production goals and minimizing operating process costs are the first—and sometimes only—criteria that most manufacturers use to calculate the ROI of their automation capital investments. However, a deeper dive into cost savings shows that ROI considerations have a greater scope than … Read More

Knowledge Center

2024 Manufacturing Industry Trends: Outlook and Expectations

Posts

What does this year hold in store for manufacturers in the United States? The U.S. manufacturing industry could witness a transformation in 2024 as the sector embraces new products and new technologies. We’ve taken note of some emerging manufacturing industry trends in various areas, including microfactories, smart factories, and giga casting. In all respects, it … Read More

Knowledge Center

Industrial Automation in 2023: A Year in Review

Posts

As we bid farewell to 2023, let’s look at the trends that shaped (and continue to shape) the industrial automation landscape. A few overarching movements characterized this year, including innovation in creating electric vehicles (EVs), seeking after labor-shortage solutions, and the reshoring tidal wave we’ve been watching for a while. 1. Automotive Advancements Electric vehicles (EVs) … Read More

Knowledge Center

Discrete Manufacturers: Consider Reshoring with Industrial Automation

Automation, Posts

Does reshoring make sense for discrete manufacturers? Of course, it’s a nuanced question, but with advances in industrial automation, reshoring has become a realistic possibility for many different manufacturers. If your company is considering reshoring some (or many) of your components, there are a few considerations. Here’s what you should know about the benefits of … Read More

Knowledge Center

Knowledge Center

Addressing the Die Casting Industry’s Labor Problem

Posts, Tradeshows

As you may have heard, the die casting industry expects huge growth in the coming years. While this is exciting news, the industry will face significant challenges to keep up with this anticipated growth. The Die Casting Industry is Thriving Industry growth is never a bad thing, but it can present some hurdles. Exactly how … Read More

Knowledge Center

Industrial Automation: A Viable Solution for Labor Shortages

Automation, News, Posts

The labor shortage crisis is real and widespread, and it’s not going away any time soon. The Association for Advancing Automation (A3) recently cited Deloitte Insight’s prediction that 2.1 million U.S. manufacturing jobs will be vacant in 2030. A3 went on to explain that labor shortage is global, and that the manufacturing giant, China, is … Read More

Knowledge Center

Two Reasons for Anticipated Growth in the Industrial Automation Market

Automation, Posts

A recent article from Automation.com reviewed a report by Interact Analysis with forecasts for the global industrial automation market. The article notes that “global economic volatility and supply chain disruptions” due to Covid have caused “project delays and decreased spending on automation projects.” Yet Interact Analysis predicts an average growth rate of 5 – 7% … Read More

Knowledge Center

Solving the Puzzle: Supply Chain Strategies, Tech, and Automation

Automation, News, Posts

A recent article from Michigan State University asks some timely questions: “How can automotive manufacturers optimize their supply chains?” “What are some strategies that companies can put in place to reduce product and part shortages?” “How can companies keep up with technological advancements in the supply chain?” We thought these were excellent questions, and so … Read More

Knowledge Center

Factory Automation and Reshoring

About Us, Automation, News, Posts

  All indications are that America’s industrial reshoring trend will accelerate through 2023 and beyond, and that reshoring’s financial justification will be driven in large part by factory automation. According to recent Forbes / Zogby research: Half of America’s manufacturing company CEOs plan to further reshore operations in 2023. More than 70% of CEOs are … Read More