Erdman Automation Announced COVID-19 Business UpdatesMarch 27th, 2020 by Emmariah Holcomb
Erdman Automation recently announced updates to its business due to the coronavirus outbreak to its customers.
“We have two sides to our business: equipment sales and parts/service. While we do have continued capital orders, the rate of those orders the last three to four weeks have slowed to approximately one third of the previous year,” said company vice president, Morgan Donohue. “Prior to this, we were on pace with last year, which was our high watermark of 40 million. We have 150 employees and 200,000 square feet to service our customer’s needs.”
The Governor of our state of Minnesota has declared a “shelter-at-home” for two weeks. The company’s sales parts and service division will remain open. According to Donohue, production will halt today, March 27, 2020 and will be re-evaluated upon the completion of the government’s mandate.
“We are trying to balance the need of our customers, in accordance with the government’s direction, Donohue said. “We have no debt, so we have no need to service it. Our cash flow is easily balanced and we have a reserve. We will downsize, as needed, and subsequently upsize to meet your demand. When the sun comes out tomorrow, we will be ready. I promise you, we will be here to support you and your production machines through this difficult time.”