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January 16, 2013 10:39 pm GMT

Could Baxter the Robot Save Our Small Factories?


Chris Budnick is head of Vanguard Plastics, a small injection-molding operation in Southington, Conn., that makes plastic fixtures, gaskets and other stuff no one cares about unless it breaks. On a computer screen, placed where all his workers can see it, Budnick displays what he considers the companys key statistic: sales divided by man-hours.

Budnick, a Yankees fan who never misses a game on the radio, calls it his companys batting average. Wages are his second-biggest expense (after raw materials), and sales have been slow. Even so, the figure stands at $206.8 per man-hour, above the previous years mark of 201. For Vanguard to stay in business, says Budnick, the fi…
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More About: Baxter, economy, Jobs, robots


Original Link: http://feeds.mashable.com/~r/Mashable/~3/WzymRKwifM8/

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