BALYO selected by the Behr Paint Company to convert four distribution centers with a fleet of driverless "REACHY" forklifts
January 05 2023 - 1:30AM
Business Wire
Regulatory News:
BALYO (FR0013258399, mnemonic: BALYO, PEA-PME eligible),
a technology leader in the design of innovative robotic solutions
for industrial forklifts, announces that they have been selected by
the Behr Paint Company to equip four additional distribution
centers across the USA. Over the course of 2023, BALYO will deploy
a fleet of “REACHY" robots at each facility to automate storage and
retrieval operations.
Behr Paint Company is one of the largest manufacturers of
paints, primers, decorative finishes, stains, surface preparation
and application products for do-it-yourselfers and professionals in
the United States, Canada, Mexico, China and Chile. To keep an
optimized storage space and reduce operating costs of the USA
distribution centers, Behr chose BALYO, a pioneer in driverless
forklifts.
BALYO robots not only automate operations, but also improve
safety and reduce the damage often associated with the manual
handling of goods. BALYO's innovations transform standard
industrial forklifts so that they can work autonomously. Using SLAM
navigation and LiDAR, along with a host of other sensors.
Specifically designed to operate in very tight aisle widths and
space constraints at high elevations - such as narrow aisles and
minimal pallet spacing in racks - REACHY robots offer a high level
of accuracy, throughput and safety, meeting the high expectations
set out by Behr. The simplicity of use and ease of deployment have
been also decisive in Behr’s decision to extend its fleet.
Pascal Rialland, CEO of BALYO, said: “We are very excited
to convert new sites for Behr after a 1st successful project over
2022 and proud to pursue our journey with such a prestigious brand
as Behr. We engaged collaboratively with Behr at the first site in
Dallas with 3 robots coping with extreme space conditions and will
now engage with 4 new facilities with 12 of our “Gen2” reach
robots. All four sites will be operational in 2023. This renewed
trust through this extensive rollout across the Behr network is a
fundamental proof of the many advances made by BALYO in recent
years, in terms of performance, ease of use, flexibility and the
fast deployment speed of our robots and technologies. The
robotization of logistics flows for high-bay storage remains an
untapped challenge facing manufacturers and logisticians and BALYO
is perfectly positioned to meet this growing demand”.
***
Next BALYO financial release: full-year 2022 sales,
January 26, 2023 after market close.
ABOUT BALYO
Humans around the World deserve enriching and creative jobs. At
BALYO, we believe that pallet movements in DC and manufacturing
sites should be left to fully autonomous robots. To execute this
ambition, BALYO transforms standard forklifts into intelligent
robots thanks to its breakthrough Driven by Balyo™ technology. Our
leading geo guidance navigation system enables robots to locate
their position and navigate autonomously inside buildings - without
the need for any additional infrastructure. To accelerate the
material handling market conversion to autonomy, BALYO has entered
into two global partnerships with KION (Fenwick-Linde's parent
company) and Hyster-Yale Group. A full range of globally available
robots has been developed for virtually all traditional warehousing
applications; Tractor, Pallet, Stackers, Reach and VNA-robots.
BALYO and its subsidiaries in Boston and Singapore serve clients in
the Americas, Europe and Asia-Pacific. The company has been listed
on EURONEXT since 2017 and its sales revenue reached €21.8 million
in 2021. For more information, visit www.balyo.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20230104005851/en/
BALYO Frank Chuffart investors@balyo.com NewCap
Investor Relations Thomas Grojean Tel : +33 1 44 71 94 94
balyo@newcap.eu
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