Robots and happy workers: Productivity surge helps explain US economy's surprising resilience [Financial Post (Toronto, Ontario, Canada)]
Air Transport Services Group, Inc (ATSG)
Last air transport services group, inc earnings: 3/2 04:46 pm
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Source: Financial Post
It wasn't easy. Attracting factory workers to a community of 7,300 in the Indiana countryside was a tough sell, especially having to compete with big-name manufacturers nearby like Honda and Cummins Engine. Job seekers were scarce. Article content “You could count on one hand how many people in the town were unemployed,” said Jody Fledderman, the CEO. “It was just crazy.” Article content Batesville Tool & Die managed to fill just 40 of its vacancies. Enter the robots. The company invested in machines that could mimic human workers and in vision systems, which helped its robots “see” what they were doing. The Batesville experience and others like it have been replicated countlessly across the United States for the past couple of years. Chronic worker shortages have led many companies to invest in machines to do some of the work they can't find people to do. They've also been training the workers they do have to use advanced technology so they can produce more with less.
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News
- Ameriflight Appoints Patrick Fluegeman as New President and Chief Operating Officer [Yahoo! Finance]Yahoo! Finance
- Air Transport Services Group, Inc. (NASDAQ: ATSG) had its price target lowered by analysts at Truist Financial Co. from $20.00 to $14.00. They now have a "hold" rating on the stock.MarketBeat
- ATSG to Host First Quarter 2024 Investor Conference Call [Yahoo! Finance]Yahoo! Finance
- ATSG to Host First Quarter 2024 Investor Conference CallBusiness Wire
- Cargo airline sends new Boeing 767 freighters directly to storage [Yahoo! Finance]Yahoo! Finance
ATSG
Earnings
- 2/26/24 - Miss
ATSG
Sec Filings
- 4/19/24 - Form PX14A6G
- 4/17/24 - Form 4/A
- 4/11/24 - Form ARS
- ATSG's page on the SEC website