Home » Sypris Technologies to Add 203 jobs in North Carolina

Sypris Technologies to Add 203 jobs in North Carolina

December 11, 2008

Sypris Technologies Inc., a manufacturer of components for truck axles, will invest $25.4 million to expand its manufacturing facility in Morganton, NC, and add 203 jobs by the end of 2013. MORE

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How Cobots Can Be Leveraged in the COVID-19 Age

The COVID-19 pandemic had a major impact on all industries, with manufacturing being hit particularly hard. As the industry restarts operations following shutdown, leaders struggle to create the “new normal.” Experts cite automation and technology as two key factors in helping companies succeed going forward. Leading the automation pack are collaborative robots or “cobots” – robots that are safe, easy to program and cost-effective.

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The coronavirus epidemic has begun to disrupt the global manufacturing supply chain for a number of OEMs, including Airbus, Hyundai and Tesla. How resilient is your supply chain network?

Moderately resilient: We have good visibility to the supply network. It’s hard to justify investments to modify our supply chain footprint. We focus more on managing disruptions once they occur.

Highly resilient: We have good visibility to the supply network. We view flexibility and resilience as necessary investments. We can shift sourcing, manufacturing or distribution within our network fairly rapidly.

Not resilient: We are dependent on our existing sourcing, manufacturing and distribution footprint. We must find other ways to compensate for changing conditions. We have yet to invest in analytics to support network decision making.

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Sypris Technologies to Add 203 jobs in North Carolina

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