Formic Adds Key Figures to Boost Sales and Legal Structure
Chicago, IL, USA,Thu Dec 12 2024
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Formic, a company specializing in robotic automation for U. S. manufacturers, has welcomed two new leaders to their team. Joel Onyshuk joins as the Vice President of Sales, aiming to expand the company's reach and revenue. He brings experience from growing startups to big acquisitions. Meanwhile, Todd Plotner steps in as the first General Counsel, bringing 25 years of financial and legal expertise. They both join amidst Formic's rapid growth and a fresh round of funding. Formic also launched a partner program to make automation more accessible to industry leaders and manufacturers. The goal is to ease ongoing labor shortages and streamline production processes. With these moves, Formic aims to break down barriers to automation success.
Joel Onyshuk, the new VP of Sales, has a track record of growing businesses quickly. At Redzone, he helped grow the company from $7 million to $100 million in just six years. His focus now is to lead the sales team to achieve 300% growth in 2025. Onyshuk is thrilled to be back in the manufacturing world, specifically the food and beverage sector.
Todd Plotner, the new General Counsel, will strengthen Formic's financial planning and analysis processes. With his extensive experience in equipment leasing and structured finance, he will be crucial in bolstering the company's asset finance infrastructure. Plotner is excited about Formic's commitment to making automation easy and efficient for industries.
The partner program launched by Formic teams up with industry leaders to provide full-service automation solutions. This program offers manufacturers a risk-free way to start using automation, addressing labor shortages and production downtime.
Formic was founded in 2020 with the mission to make automation more accessible to American manufacturing. They provide robotic systems with 24/7 technical support and guaranteed performance rates at a fixed monthly rate.
https://localnews.ai/article/formic-adds-key-figures-to-boost-sales-and-legal-structure-a3bd5d0f
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