By Lindsey Munson, editor, The American Mold Builder “If you can’t be replaced, you can’t be promoted,” are words that resonate with leaders. This quote stands as a simple reminder and sound advice to those seeking a leadership role or being a “succession” – on-the-job training and sharing processes and procedures are critical components to reaching the next step on the … [Read more...] about Effective Leadership Planning for NextGen Succession
Mitigate Risks with a Crisis Plan
By Shelly Otenbaker, president, WayPoint Marketing Communications “An ounce of prevention is worth a pound of cure.” Many are aware of this phrase, but few follow it. In manufacturing, taking small, proactive steps to prevent a problem is far more effective and less costly than dealing with the consequences once the problem occurs – especially when managing a crisis. A … [Read more...] about Mitigate Risks with a Crisis Plan
Mold Manufacturing Outlook for 2025
By Lindsey Munson, editor, The American Mold Builder Mold manufacturing sets its sights on a positive outlook in 2025, from global market and economic growth to an increase in automation, operational efficiencies and sustainability practices. With that, manufacturers also are keenly aware, even in an optimistic state, to strategically plan and brace for challenges of … [Read more...] about Mold Manufacturing Outlook for 2025
Workforce Recruitment and Retention at Franchino Mold & Engineering
By Liz Stevens, writer, The American Mold Builder Franchino Mold & Engineering (FMEC), Lansing, Michigan, has served the mold and die industry since 1955. The company offers die cast dies, plastic injection molds, contract machining, die/mold repair and engineering services to the automotive, construction, consumer products and material handling industries. FMEC stands … [Read more...] about Workforce Recruitment and Retention at Franchino Mold & Engineering
Do You Know the Markets You’re Working In?
By Dianna Brodine, vice president, editorial, The American Mold Builder Moldmaking operations are creating products for every industry – automotive, electronics, appliance, food packaging, toys, promotional materials, medical and so much more. After the Great Recession in 2008, most processors have moved to a business model where they no longer specialize in production for … [Read more...] about Do You Know the Markets You’re Working In?
Rates Rise in Response to Costs and Labor Challenges, 2024 Shop Rate Data Indicates
By Rachael Pfenninger, director of strategic execution, AMBA In spring 2024, AMBA published its 2024 Health and Benefits Report, where executives and management teams expressed significant concern over rising healthcare and benefits costs. Now, as indicated from the data in the recent AMBA 2024 Shop Rate Report, it looks like this business area was just one cost of many that … [Read more...] about Rates Rise in Response to Costs and Labor Challenges, 2024 Shop Rate Data Indicates