The robotic revolution is coming to a workplace near you [Toronto Globe and Mail (Ontario, Canada)]
Waste Connections, Inc. Common Shares (WCN)
Last waste connections, inc. common shares earnings: 2/12 04:10 pm
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Source: Toronto Globe and Mail
Amid the hums and clangs of Savaria Corp.’s factory in Brampton, Ont., two wildly distinct eras of corporate Canada can be found just a few steps apart. In one cramped corner of the 33-year-old company’s plant, which manufactures accessibility equipment such as wheelchair lifts, custom stairlifts and home elevators, a team of 10 workers weld and grind curved steel tubes by hand. A short walk away, a single orange robotic arm Savaria installed earlier this year swings purposefully through the air doing the same task. The math, as vice-president of operations Sebastien Bourassa sees it, couldn’t be simpler. In a day, those 10 workers typically produce two custom stairlifts. The robot, with two operators, currently churns out five – and that output is set to more than double over time. “It’s impossible to expand on the old process if we want to grow our business,” Mr. Bourassa says, referring to the way Savaria used to build and assemble its products. “It’s impossible to find the people.
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- 4/24/24 - Beat
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Sec Filings
- 4/25/24 - Form 8-K
- 4/25/24 - Form 10-Q
- 4/24/24 - Form 8-K
- WCN's page on the SEC website