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
Business Planning
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
Creativity over Capital Expenditures at Byrne Tool + Design
By Liz Stevens, writer, The American Mold Builder Byrne Tool + Design recently hosted an AMBA plant tour of the company’s Rockford, Michigan, operation, during which the manufacturer discussed and demonstrated an array of business practices to leverage creativity – as opposed to spending capital – to remain competitive and profitable. For this View from 30, The American Mold … [Read more...] about Creativity over Capital Expenditures at Byrne Tool + Design
Addressing Tooling Labor Shortages with Automation
By Ethan Rejto, director of marketing, Mantle One of the greatest challenges facing the toolmaking industry is labor. With COVID-19 exposing how fragile the international supply chain is, more and more OEMs are hoping to reshore their manufacturing, with plastics processors reporting the highest percentage of their OEM customers attempting to reshore manufacturing in 18 years. … [Read more...] about Addressing Tooling Labor Shortages with Automation
Partnership with ITR Economics Enhances Member Benefits
By Lindsey Munson, editor, The American Mold Builder On the rise and expected to grow over the next decade, mold manufacturing companies are challenged with meeting their operational expectations no matter the external market trends and economic impacts. Management teams are pressured now more than ever to assess, plan and respond based on environmental impacts and shifts – … [Read more...] about Partnership with ITR Economics Enhances Member Benefits
Strategic Planning for 2024: Contracts, Labor Market and Tax Impacts
By Lindsey Munson, editor, The American Mold Builder In a matter of weeks, 2023 will come to a close and companies will begin the important task of analyzing the prior months to then take those learnings and build a strategic plan for 2024. Ultimately, this will paint a clear direction for management and internal teams as they head into a new year. By taking early … [Read more...] about Strategic Planning for 2024: Contracts, Labor Market and Tax Impacts