By Lindsey Munson, editor, The American Mold Builder When Justin McPhee, general manager at Mold Craft, Inc. (dba Westfall Technik), took the microphone to accept the 2023 AMBA Mold Builder of the Year, he said, “Go big or go home! I’m speechless – what a ride it has been! I am blown away by this awesome organization, friends and mentors. But most importantly, I am here … [Read more...] about Justin McPhee: 2023 AMBA Mold Builder of the Year
Articles
TK Mold & Engineering, Inc. Named 2023 Tooling Trailblazer of the Year
By Lindsey Munson, editor, The American Mold Builder “TK Mold and its employees are a select few who talk the talk and then actually step up, doing exactly what they say they are going to do,” whispered a local business owner to Krista Barr at a community event a few weeks ago. That whisper became a roar when AMBA’s Tooling Trailblazer of the Year Award winner was announced … [Read more...] about TK Mold & Engineering, Inc. Named 2023 Tooling Trailblazer of the Year
Simple Metrics to Drive Efficiency and Profitability
By Dianna Brodine, vice president, editorial, The American Mold Builder Every mold building company operates with a set of metrics guiding its decision-making process. Is it time to hire? Purchase new equipment? Find a new market or customer set? … Close the doors? Whether simple to calculate or incredibly complex, metrics often are the determining factor … but what if … [Read more...] about Simple Metrics to Drive Efficiency and Profitability
Quick Hits: Improve Throughput, Drive Sales and Manage Cash
By Dianna Brodine, vice president, editorial, The American Mold Builder What are fellow mold builders doing right now that can be implemented in other mold shops? Take a look through these information bursts for ideas on process efficiency, new business and the bottom line. Improving throughput According to Laurie Harbour, president of Harbour Results, Inc., the edict from … [Read more...] about Quick Hits: Improve Throughput, Drive Sales and Manage Cash
Operating System Upgrade and Its Impacts
By Lindsey Munson, editor, The American Mold Builder Gaining traction in the mold industry is the implementation of the Entrepreneurial Operating System (EOS), a system that integrates a set of simple, effective tools and a proven process to produce powerful business results. At the 2023 AMBA Conference, one of the breakout sessions offered to mold manufacturers was … [Read more...] about Operating System Upgrade and Its Impacts
The Big 3 of Tax Increases
By Omar S. Nashashibi, co-founder, The Franklin Partnership, LLC These days, when there is reference to the Big 3 on Capitol Hill, it’s not about the Detroit OEMs. Instead, it’s about lobbying on the Big 3 tax provisions that are having an overwhelming impact on AMBA members: reinstating R&D expensing while eliminating capitalization and amortization requirements, … [Read more...] about The Big 3 of Tax Increases