In a recent study completed by Secured Research, only 17% of middle market food and beverage manufacturers were cutting capex spend going into 2024. An impressive 64% planned on increasing investments in automation by 20% or more in the next 24 months.

Middle Market food and beverage manufacturers face the dual challenge of staying ahead of the competition and managing a shrinking labor market. The pressing need for efficiency and consistency in production has led many to turn towards automation as a vital investment even as economic headwinds persist. Here, we explore how two mid-sized manufacturers are navigating these challenges and hear directly from their CFOs about the necessity of automation.