Articles from Formic

Formic, a Full Service Automation provider for U.S. manufacturers, celebrated the grand opening of its new 53,000-square-foot headquarters in Bolingbrook, IL, its largest facility to date and five times the size of its previous location. The June 11th event brought together manufacturing partners, customers, and local officials, including Mayor Mary Alexander-Basta of Bolingbrook, who joined Formic leadership in a robot ribbon-cutting ceremony to mark the occasion.

Formic, a Full Service robotics provider for U.S. manufacturers, today announced a series of major milestones as it continues to accelerate automation adoption across the country. The company’s fleet of robots has now surpassed 400,000 production hours, the equivalent of more than 8 months of human labor delivered every single business day. Formic is on track to exceed 500,000 hours by year-end, making it the largest independent robot fleet in the U.S.

Formic, a Robots-as-a-Service (RaaS) automation provider for U.S. manufacturers, announced it has joined the New American Industrial Alliance (NAIA) to further its mission to revitalize the U.S. manufacturing sector through more accessible automation and workforce training initiatives. NAIA is a multi-sector trade association comprised of builders, investors, and policymakers focused on reindustrialization by restoring manufacturing capacity and strengthening national security in America.

Formic, a Robots-as-a-Service (RaaS) automation provider for U.S. manufacturers, deployed five gantry-style palletizing robots at Land O’Frost’s Lansing, Illinois, manufacturing facility, saving them 20% on labor-related OpEx daily and transitioning employees from manually stacking boxes onto pallets to being robot operators. Formic’s Full Service Palletizer Rental program optimized end-of-line production, increasing safety and production while bolstering employee skills from day one.

Formic, a Robots-as-a-Service (RaaS) automation provider for U.S. manufacturers, announced that the company surpassed 200,000 production hours, that means Formic is delivering the equivalent of 5 months of human labor every single business day with its fleet of robotic automation equipment. To celebrate, the company is hosting its first Formic Automation Community event on January 23, 2025, at Formic headquarters in partnership with Chicagoland Food & Beverage Network.

Formic, a Robots-as-a-Service (RaaS) automation provider for U.S. manufacturers, officially announced the addition of Joel Onyshuk as its Vice President of Sales and Todd Plotner as the company’s first General Counsel. Following continued business growth and an additional Series A financing round of $27.4 million in June, Onyshuk and Plotner's collective industry experience supports the company’s goal to accelerate the adoption of automation across American manufacturing.

Formic, a provider of Robots-as-a-Service (RaaS) automation for U.S. manufacturers, today announced it has raised another $27.4 million in Series A financing led by Blackhorn Ventures with participation from Mitsubishi HC Capital America, NEC, Translink Capital, Alumni Ventures, FJ Labs, Lux Capital, Initialized Capital and Lorimer Ventures. This new funding brings the total Series A round to more than $52 million since January 2022.