The German giant addresses the need for productivity gains with robotics.
This episode of On the Floor is brought to you by Mouser. To learn more, visit mouser.com.
European manufacturing is at a crossroads. Looming labor shortages driven by demographics, combined with relentless competitive pressures from the United States and Asia require the simultaneous development of high technology and innovative cost-reduction measures.
German multinational Siemens is addressing the issue with a dramatic increase in production automation technology, which the company expects will result in 80% automation in the company’s manufacturing plants. The first factory to receive the upgrades is the Erlangen electronics operation, which will receive a $560 million investment through 2030.