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
2023 Issue 2
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
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
A Strategic Outlook: Elevating the AMBA’s Emerging Leadership
By Rachael Pfenninger, director of strategic execution, AMBA As the average age of moldmaking professionals continues to rise, succession planning is becoming an increasingly important consideration for every business owner. These concerns – combined with the shrinking access to skilled labor – have led to significant efforts in cultivating and encouraging emerging … [Read more...] about A Strategic Outlook: Elevating the AMBA’s Emerging Leadership
It’s Not About Price! Strategies to Compete in the Global Marketplace
By Rachael Pfenninger, director of strategic execution, AMBA According to AMBA’s most recent Business Forecast Survey, the US mold manufacturing industry is facing its most varied landscape of challenges to date. Rising material costs and thin margins – combined with skyrocketing inflation – have forced domestic mold manufacturers to find new and creative ways to continually … [Read more...] about It’s Not About Price! Strategies to Compete in the Global Marketplace