by Will Hinshaw, partner/founder, Captive Solutions & Options What if submitting a receipt for an oil change to the car insurance company for reimbursement was possible? Unfortunately, it is not allowed because routine maintenance is not covered under a car insurance policy. Insurance, by definition, is a contract represented by a policy in which an individual or an … [Read more...] about Why Can’t We Be Like Cars?
AMBA Hones Competitive Edge for US Mold Builders with Shop Rate Data
by Rachael Pfenninger, director of strategic execution, AMBA At the end of 2021, the American Mold Builders Association (AMBA) surveyed US mold manufacturers on compensation data across 51 unique job positions. At that time, the AMBA benchmarking team discovered that, despite experiencing the highest inflation rate since 1982 (7%), mold manufacturers were continuing to raise … [Read more...] about AMBA Hones Competitive Edge for US Mold Builders with Shop Rate Data
Onboarding and Training are the Third Steps in Workforce Development
Nicole Mitchell, writer, The American Mold Builder The process of recruitment and interviewing is completed, and the prospective employee officially has signed on to the company – though not easily. In recent survey data, nine-in-10 mold builders currently have open positions at their companies. Of those companies, 88% face either moderate or severe challenges in finding … [Read more...] about Onboarding and Training are the Third Steps in Workforce Development
Reducing Risks as a Mold Builder: Renegotiating contract Terms and Conditions
by H. Alan Rothenbuecher, partner, Benesch Friedlander Coplan & Aronoff LLP and Katie Berens, summer associate As a mold builder, it is important to minimize risk to remain successful and profitable. This is no easy task – this requires knowledge of what risk areas to target, and how to best reduce each form of risk. The ability to avoid common costly pitfalls in … [Read more...] about Reducing Risks as a Mold Builder: Renegotiating contract Terms and Conditions
Why Moldmakers Are Turning to 3D Metal Printing
by Scott Kraemer, senior application engineer, Mantle, Inc. According to recent market research1 from SmarTech Analysis (Crozet, VA), metal additive manufacturing grew last year by 16% to $3.9B. This growth brings rising opportunities that metal 3D printing technologies can offer to mold manufacturers. Metal (and plastic) additive manufacturing capabilities consistently … [Read more...] about Why Moldmakers Are Turning to 3D Metal Printing
Association News Issue 2 2022
AMBA to Launch New Capacity Tool AMBA is excited to announce its newest member resource – the AMBA Capacity Tool. The concept, conceived at last year’s AMBA conference, is soon to become a reality. The online resource is designed to be an easy way to help level out the ups and downs in business by flagging times when members have excess capacity, so other members that need … [Read more...] about Association News Issue 2 2022