Why Japan’s Automation Inc is indispensable to global industry
A little-known pinch-point in the world’s supply chains
SHORTAGES AND bottlenecks have been a source of constant frustration for manufacturers around the world for two pandemic-afflicted years. For a handful of companies in the business of keeping factories running and supply chains intact, these frustrations have been a source of cheer—and profits. Japanese makers of industrial equipment, in particular, have seen orders surge as companies turned to automation, first amid the disruption wrought on human workforces by covid-19, then as a result of tight labour markets and rising wage costs.
This article appeared in the Business section of the print edition under the headline “Automation Inc”
Business February 12th 2022
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