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Thursday, 20 May 2021, 2:31 pm
Automation and robotics solutions provider, Scott
Technology (NZX: SCT), is seeing increasing international
interest and contract wins as COVID-19 restrictions ease in
markets around the world and as demand for automation
increases as a result of labour supply pressures across
several sectors.
Many deferred projects are now coming
back online, and investment decisions are coming to fruition
as global markets continue to recover from the pandemic.
This positive momentum is expected to increase as vaccines
are rolled out, with strong economic growth forecast for
many regions.
Demand for automation is accelerating
with the pandemic highlighting the critical role robotics