By Rachael Pfenninger, director of strategic execution, AMBA In the American Mold Builders Association (AMBA) 2021 Business Forecast Report, nearly all surveyed mold builders (99%) reported that current business conditions are positive or fair, a 9% uptick from last year’s gathered data. Other economic indicators also point to rising optimism, improved levels of profitability … [Read more...] about US Mold Builders Express Rising Optimism and Shifting Priorities
Culture
Capturing Historical Knowledge at M&M Tool and Mold
by Liz Stevens, contributing writer, The American Mold Builder The accumulated knowledge at a mold building operation is a unique and valuable commodity. Experienced team members are veritable walking encyclopedias of the ins and outs of mold building, from the associates with decades of material procurement experience, to the engineers with in-depth CAD and design expertise, … [Read more...] about Capturing Historical Knowledge at M&M Tool and Mold
Workforce Development: The Long Game
by Brittany Willes, contributing writer, The American Mold Builder Manufacturing industries have struggled with labor shortages for years, and the problem only is expected to get worse. According to Forbes, “[T]he long-standing fact remains that there’s a wide disparity between the number of people entering the field of manufacturing and the needs of the industry. Estimates … [Read more...] about Workforce Development: The Long Game
Mold Building Industry Ready for 2021
By Hallie Forcinio, contributing writer, The American Mold Builder Although 2020 was a tough year for business, many AMBA members overcame the severe economic downturn experienced in the second quarter and actually thrived. The outlook for 2021 is positive, too, despite the uncertainties posed by the COVID-19 pandemic and a new administration in Washington. A report from … [Read more...] about Mold Building Industry Ready for 2021
Bridging the Gap: Helping Young Professionals Develop into Effective Leaders
By Lara Copeland, assistant editor, The American Mold Builder In many ways, the manufacturing industry is booming in the US. Operations have been working toward development and growth and are now beginning to enter new markets with plans to expand facilities, but there seems to be one important element in insufficient supply: the workers. According to the American Mold … [Read more...] about Bridging the Gap: Helping Young Professionals Develop into Effective Leaders
Recruiting the Next-Generation Workforce
By Brittany Willes, contributing writer, The American Mold Builder Prior to the coronavirus pandemic, one of the key issues facing leadership across nearly every industry was that of recruiting and retaining the next generation of employees. For the mold- and toolbuilding industries, workforce development is especially crucial as the older generation – often with decades of … [Read more...] about Recruiting the Next-Generation Workforce