By Andrew Carlsgaard, analytics director, AMBA In the competitive and dynamic landscape for hiring and retaining skilled employees, US manufacturers, particularly the small- and medium-sized businesses, face significant and unique challenges when providing healthcare and other employee benefits. These challenges are intensified by industry-specific factors, such as an aging … [Read more...] about Healthcare and Benefits to Strain Industry Resources at Increased Rate in 2025
Benchmarking
Uncertainty Weighs as US Mold Manufacturers Prepare for Changing Conditions
By Rachael Pfenninger, director of strategic execution, AMBA The year is 2025, and President Trump has ordered additional tariffs across the board on goods from Canada, Mexico and – most crucially – China. At the time of publication, only the additional 10% tariff had been placed on China, while Canadian and Mexican tariffs each are pending further negotiation. This … [Read more...] about Uncertainty Weighs as US Mold Manufacturers Prepare for Changing Conditions
Employee Engagement in US Moldmaking (and What it Means for Employee Retention)
By Rachael Pfenninger, director of strategic execution, AMBA In an era where employee retention has become increasingly challenging, particularly following the “Great Resignation” and fierce, domestic competition for labor, US moldmaking companies are seeking effective strategies to enhance employee satisfaction and engagement. This ultimately leads them to implement … [Read more...] about Employee Engagement in US Moldmaking (and What it Means for Employee Retention)
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
US Manufacturers Face Threat of Increasing Healthcare Rates, Seek Answers to Protecting Margins
By Andrew Carlsgaard, analytics director, First Resource In an increasingly competitive landscape for hiring and retaining skilled employees, rising healthcare and benefits costs for employers in the United States manufacturing sector have become a significant concern. These employers often face challenges in providing affordable healthcare benefits to their employees while … [Read more...] about US Manufacturers Face Threat of Increasing Healthcare Rates, Seek Answers to Protecting Margins
The State of US Mold Manufacturing: How Mold Builders are Doing More with Less
By Rachael Pfenninger, director of strategic execution, AMBA In 2015, US mold manufacturers were experiencing a revival of optimism. For instance, a whopping 60% of mold builders anticipated their business increasing substantially over the coming three months. The average number of shop hours hovered around 50, while design hours were around 47. Over three-quarters of … [Read more...] about The State of US Mold Manufacturing: How Mold Builders are Doing More with Less