Webinar | Recorded (from 1/30/2024)
The 2024 State of U.S. Manufacturing
Watch a recorded webinar from January 2024 where we shared data, challenges, and strategic insights compiled from U.S. manufacturers like you. Learn how these owners and operations managers of contract manufacturers, contract packaging companies, and vertically-integrated brands are planning their roadmap for success in 2024.
Leverage this industry insider information to write the winning playbook to scale and grow your business this year.
What you'll learn:
- Top Manufacturing Challenges
- Leading Areas For Investment
- Projected Revenue Growth Rates
- Impact Of Labor Shortage & Rising Costs
- Automation Adoption For 2024
Founded in 2020, Formic is accelerating the adoption of automation across small to mid-sized U.S. manufacturers and boosting productivity by removing the risk, complexity, upfront capital, and expertise that typically exist as barriers to onboarding this transformative technology. Our “Robotics-as-a-Service” model delivers automation at a low hourly rate with contractually guaranteed performance. Customers only pay for the time the machines are producing for the business.
With a full-service offering that includes everything from specifying and deployment to 24/7 monitoring, maintenance, and upgrades - all for $0, we're creating an innovative and accessible competitive advantage for small and mid-sized factories to enable scale and growth that was once only available to large companies.
Trusted by America's Small & Mid-Market Manufacturers
“Formic has skin in the game because they're incentivized based on when the machine is running, not when it is down.”
“Formic really centralizes and democratizes the capabilities of robotics in a way we've never seen before.”
“We've been looking at automation for a few years... Not having any upfront costs (with Formic) was very attractive and helped ease the minds of owners during our capital planning meetings.”