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
Financials
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
Recession and Growth: Building Resiliency in a Mold Shop
By Laurie Harbour, president and CEO, Harbour Results, Inc. It’s been an interesting three years for the manufacturing industry. In 2020, the industry was hit by COVID-19. Together, everyone learned what to do. Despite starts and stops, ups and downs, the tooling industry persevered. Then, in 2021, it was a year of unprecedented high demand for energy and major durable … [Read more...] about Recession and Growth: Building Resiliency in a Mold Shop
5 Obstacles to Growth and How Businesses Can Overcome Them
by Kirk W. McLaren, author With 2023 fast approaching, it could be time for business owners and CEOs to decide whether to accelerate the growth plans for their businesses in the coming year. Growth doesn’t just happen though, and ambitious businesses typically face five obstacles that can thwart their efforts: winning new customers, keeping existing customers, gaining … [Read more...] about 5 Obstacles to Growth and How Businesses Can Overcome Them
Budgeting for the Regulatory Agenda
by Omar S. Nashashibi, co-founder, The Franklin Partnership, LLC “Government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.” – President Ronald Reagan Each Oval Office occupant has an opportunity to put his imprint on the regulatory body that is the federal … [Read more...] about Budgeting for the Regulatory Agenda
Budgeting for the Regulatory Agenda
by Omar S. Nashashibi, co-founder, The Franklin Partnership, LLC “Government’s view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.” – President Ronald Reagan Each Oval Office occupant has an opportunity to put his imprint on the regulatory body that is the federal … [Read more...] about Budgeting for the Regulatory Agenda