RELEASE: Locus Robotics Named to Inc. Magazine's "2023 Best in Business" List

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RELEASE: Locus Robotics Named to Inc. Magazine's "2023 Best in Business" List

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Company earns prestigious recognition for purpose-driven approach, sustainability and industry impact in logistics and transportation category

WILMINGTON, Mass., Dec. 5, 2023 /PRNewswire/ -- Locus Robotics, a global leader in autonomous mobile robots (AMR) for fulfillment warehouses, has been named to the fourth annual 2023 Inc. Best in Business list, a compilation which honors companies that have had an extraordinary impact in their fields and on society. The recognition cites Locus Robotics' commitment to driving positive change in the industry and making a significant impact on its customers' businesses over the past 12 months.

"Locus Robotics is proud to be named to the Inc. Best in Business list for 2023," said Rick Faulk, CEO of Locus Robotics. "This recognition is a testament to our team's dedication to addressing our clients' needs and industry challenges while maintaining our commitment to sustainability and quality of work."

The list recognizes the most dynamic companies of all sizes and industries that have had a notable influence on their communities, their industries, the environment or society. Eric Hagerman, Inc. Special Projects Editor, said, "Being named to the Best Businesses list is a rare and special honor. These honorees demonstrate the foresight, care and dedication to prioritizing positive impact—impact in their community, in their industry and environment, and even in society as a whole."

Earlier this year, Locus was named to the Inc. 5000, marking the third consecutive year the company has appeared on the prestigious list. The annual list, also published by Inc. Magazine, recognizes the fastest-growing private companies in America and celebrates their outstanding achievements in business development and innovation.

Locus Robotics has also become an industry leader in environmental, social and governance (ESG) issues. The company actively supports sustainability across its business, from manufacturing to implementation, support and maintenance. Locus' industry-first robotics-as-a-service (RaaS) model enables the sustainable and proactive maintenance, renewal, reuse and redistribution of all robots, avoiding any waste or contribution to landfills. Locus is committed to recycling and reusing nearly 100% of components, demonstrating a strong commitment to responsible robotics practices.

In addition to dramatically improving worker productivity by 2 to 3 times, Locus addresses the current industry labor shortage by significantly reducing recruitment and retention costs for its clients. The Locus Robotics solution addresses the challenges posed by labor shortages by minimizing the need for workers to perform strenuous and time-consuming tasks. Warehouse operators benefit from a more efficient workflow, with less walking and the elimination of heavy lifting or pushing picking carts. This transformative approach ensures a more consistent workforce, enabling companies to meet higher order volumes, scale and grow their operations seamlessly.

Locus Robotics is a proven solution that not only addresses the immediate needs of businesses facing labor shortages, but also prioritizes cost-effective improvement of workplace productivity and ergonomics. The company's sustainability mission remains a guiding principle in all aspects of its innovative robotic automation solutions.

About Locus Robotics

Locus Robotics is the global leader in revolutionary enterprise-level warehouse automation solutions, incorporating powerful and intelligent autonomous mobile robots (AMR) that operate in collaboration with human workers to dramatically improve product movement and productivity by 2 to 3 times . Named to the Inc. 500 for three consecutive years and winning more than 25 industry and technology awards, the Locus solution dramatically increases order fulfillment productivity, reduces operational costs, and improves site quality, safety and ergonomics. of work for workers.

Supporting over 150 of the world's leading brands and deployed at over 300 sites worldwide, Locus Robotics enables retailers, 3PLs and specialty warehouses to efficiently meet and exceed increasingly complex requirements. and demanding of today's compliance environments. For more information visit www.locusrobotics.com.

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