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
Articles
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
When Congress Does Not Act: Tax Increases
By Omar S. Nashashibi, co-founder, The Franklin Partnership, LLC What Congress giveth, it can quickly take away. This is the lesson manufacturers are quickly learning. The other hard lesson learned is that the federal government plays an outsized role in a company’s operation – whether the owner likes it or not. Research and DevelopmentOn August 1, 2024, the US Senate … [Read more...] about When Congress Does Not Act: Tax Increases
Navigating the Changing Landscape of Healthcare
By Susan Denzio, business manager, AMBA The healthcare landscape presents many challenges for business owners and with the turn of a new year, it is likely to become even more difficult. The very purpose of insurance, a mechanism to protect against unforeseen costs, is needed to protect the human capital asset – employees and dependents – from the risk associated with … [Read more...] about Navigating the Changing Landscape of Healthcare