Day: May 30, 2022

Robots are turning up on more factory floors and assembly lines as companies struggle to hire enough workers to fill rising orders. Orders for workplace robots in the U.S. increased by a record 40% during the first quarter compared with the same period in 2021, according to the Association for Advancing Automation, the robotics industry’s trade group. Robot orders, worth $1.6 billion, climbed 22% in 2021, following years of stagnant or declining order volumes, the group said. Rising wages and worker shortages, compounded by increases in Covid-19-related absenteeism, are changing some manufactu…

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[Report of 271 Pages] Between 2022 and 2028, the global paper packaging market is expected to grow at a 4.1 percent CAGR, reaching US$ 463.3 billion by 2028. The report includes a market research study on the global paper packaging market, which includes market assessment and trend analysis of various packaging types such as corrugated boxes, cartons, wrapping paper, inserts & dividers, bottle & cup carriers, cups & trays, clamshells, display packaging, bags & sacks, and tapes & labels, among others. Expanding the ecommerce sector would help the paper packaging market grow even faster. Accordi…

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Japanese and South Korean business leaders agreed Monday to expand economic cooperation as the two sides welcomed signs of the improvement of soured bilateral ties after President Yoon Suk Yeol took office earlier this month. They expressed hope that the two governments will promote dialogue despite wartime history-linked issues between the two neighbors, according to a joint statement issued after an online meeting. “In a difficult environment, cooperation and coordination by both countries will be the power to overcome the crisis,” the statement said, referring to the Russian invasion of Ukr…

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