North American companies boost spending on industrial robots: study

  • 📰 Reuters
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

United States News News

United States United States Latest News,United States United States Headlines

North American companies increased spending on industrial robots in the second q...

- North American companies increased spending on industrial robots in the second quarter, even as many businesses remained tight-fisted about other types of investments amid a prolonged trade war with China.

Robot sales have grown through much of the economic expansion as the unemployment rate has fallen to its lowest level in decades and factories continue adding workers —suggesting companies are using robots to augment hard-to-find labor. Vickers Engineering Inc, in New Troy, Michigan, is one company that has poured money into the machines. The company, which mostly makes auto parts, bought its first robot in 2006, but now has 37.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Well, machines have families too. !?! Universal Basic Income is coming and it's going to be such a joy watching the rich, privileged butt's that screwed workers start crying when they get taxed out the wazzoo.

Using Trump tax breaks to reduce human workforce. trump whitehouse realDonaldTrump

Of course they are.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in US

United States United States Latest News, United States United States Headlines