Robots Help Transform Small Business Into Huge Success Despite Economy
v style="margin: 0in 0in 0pt">By Brian Huse, Director, Marketing & PR
A company making wire baskets in Baltimore, Maryland, attributes its incredible success to robots according to a story in The Washington Times. Sales are up. Profit is up. All in a business that competes against companies that pay workers 30 cents per hour in China to make the same product by hand. All while the economy suffered a huge recession.
Not only is business good, but Marlin Steel Wire, the company that bought robots to compete, is compensating workers better than ever for more technical duties. One worker who had no health insurance and made $8 per hour before the company transformed itself now makes $60,000 per year and has health benefits.
From the account, this worker went from renting to owning a home, and from no car to two as he shares in the success achieved through automation. The business owner was shrewd in buying robots and other equipment as prices came down. We’ve said it many times at RIA: robots help companies compete against low wage counterparts and workers benefit from better jobs. Don’t take our word for it. Ask Drew Greenblat at Marlin Steel Wire or contact RIA and we’ll put you in touch with members that can help you.