Symbotic, Associated Wholesale Grocers Enter Warehouse Automation Deal

MT Newswires Live03-31

Symbotic (SYM) and Associated Wholesale Grocers said Tuesday that have agreed to deploy warehouse automation technology at AWG's Gulf Coast Division Support Center in Pearl River, Louisiana, to improve order accuracy, increase capacity and reduce product damage.

The site currently handles more than 22 million cases of dry grocery annually using manual processes, the companies said.

Once operational, the automated system is expected to manage nearly 19 million cases per year, they added.

Modifications of the facility are expected to begin in early 2027, with the system targeted to go live in Q4 of 2027, the companies said.

Symbotic shares were up more than 3% in premarket activity Tuesday.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment