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Symbotic brings in $424M in Q2 2024

Robotics Business Review

yesterday announced its financial results for the second quarter of 2024, which ended March 30. Symbotic revenue continues to climb Symbotic claimed that its “end-to-end, AI-powered robotic and software platform” is “reimagining the supply chain.” Source: Symbotic Symbotic Inc. Wilmington, Mass.-based

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Farm Credit Canada report shows moderate sales but improved margins for food and beverage manufacturers

Canadian Manufacturing

REGINA — Canada’s food and beverage manufacturers face a mix of obstacles and optimism for profit margin improvements in the year ahead, according to the latest FCC Food and Beverage Report. Population growth and stabilizing input costs are two reasons margin improvement is expected in 2024. per cent on average.

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Cdn. beverage manufacturer announces expansion into the U.S.

Canadian Manufacturing

Cove Soda made its US debut in February 2024 hitting shelves at 140 Fresh Market locations and will roll out their variety pack at Costco nationally beginning April 1. As the fastest growing beverage category, the functional soda space grew 250%+ in 2023 vs. prior year and is approaching $1B in annual sales in North America.

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Encirc Appoints Managing Director of its Expanded Beverages Division

MEM

Encirc has appointed Richard Lloyd to the position of Managing Director of its ‘Encirc Beverages’ business unit, as the progressive glass container manufacturer and filler continues to integrate ‘The Park’ bottling and warehousing facility in Bristol into its overall business.

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Manufacturing PMI® at 49.2%; April 2024 Manufacturing ISM® Report On Business®

Fastener News Desk

Suppliers continue to have capacity but work to improve lead times, due to their raw material supply chain disruptions. ” [Chemical Products] “Sales continue to exceed expectations in 2024. ” [Chemical Products] “Sales continue to exceed expectations in 2024.

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Manufacturing PMI® at 50.3%; March 2024 Manufacturing ISM® Report On Business®

Fastener News Desk

“Of the six biggest manufacturing industries, four — Food, Beverage & Tobacco Products; Fabricated Metal Products; Chemical Products; and Transportation Equipment, which account for a combined 54 percent of manufacturing gross domestic product (GDP) — registered growth in March. ’ Expectations are for a strong second quarter.

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Meet the speakers for Advance: Women in Manufacturing 2024

Automation Mag

The agenda is set for the 2024 Advance: Women in Manufacturing virtual event on March 6, and it’s shaping up to be one you don’t want to miss. The first panel discussion of the day will be on “ Inspiring Inclusion.”