The P&P (pick-and-place) machine. This is also called an "SMT component placement system." The reels in the foreground hold components like capacitors, resistors, IC chips, and so on that get placed onto a base circuit board.
You can't open the protective cover of the P&P without it going into standby (for safety reasons, obviously). With the cover open, and the machine static, it's a lot less creepy. Notice the reels of components on the lower right.
This is the first stage of the multistage QC process: an optical check. The big box on the right (with the tray open), is basically just an ordinary optical scanner (or, if you like, a fancy camera). Software checks the image of the board placed in the tray against a stored master image. It compares dozens and dozens of individual points for variation. This could be as simple as a component placed in the right direction, down to actual serial numbers and product names on chips. If it senses a discrepancy, it flags the item for a check by a human.
A additional check is for continuity. The board is placed on this device (this one is a demo, the real one is a machine), and it checks to make sure all the electrical connections are working. Check out the next slide for the bottom, it's really cool. Also, check out this video to see the machine in action.
Meridian makes speakers, too. Here's a cutaway of one of the towers. In addition to incredibly rigid wood layers, you should be able to make out a thin piece of metal in the middle of the sandwich. Solid.