By Dianna Brodine, vice president, editorial, The American Mold Builder Moldmaking operations are creating products for every industry – automotive, electronics, appliance, food packaging, toys, promotional materials, medical and so much more. After the Great Recession in 2008, most processors have moved to a business model where they no longer specialize in production for … [Read more...] about Do You Know the Markets You’re Working In?
Issue 3 2024
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
When Congress Does Not Act: Tax Increases
By Omar S. Nashashibi, co-founder, The Franklin Partnership, LLC What Congress giveth, it can quickly take away. This is the lesson manufacturers are quickly learning. The other hard lesson learned is that the federal government plays an outsized role in a company’s operation – whether the owner likes it or not. Research and DevelopmentOn August 1, 2024, the US Senate … [Read more...] about When Congress Does Not Act: Tax Increases
Navigating the Changing Landscape of Healthcare
By Susan Denzio, business manager, AMBA The healthcare landscape presents many challenges for business owners and with the turn of a new year, it is likely to become even more difficult. The very purpose of insurance, a mechanism to protect against unforeseen costs, is needed to protect the human capital asset – employees and dependents – from the risk associated with … [Read more...] about Navigating the Changing Landscape of Healthcare
Legislative Changes to Impactful Employment and OSHA Laws in Manufacturing
By Alan Rothenbuecher, partner, and Brad Wenclewicz, associate lawyer, Benesch, Friedlander, Coplan & Aronoff LLP The landscape of employment law is undergoing changes that could significantly impact the manufacturing industry. These developments necessitate employers to stay informed and proactively update their policies to ensure compliance with evolving regulations. … [Read more...] about Legislative Changes to Impactful Employment and OSHA Laws in Manufacturing
Building Flourishing Organizations
By Matt Lesser, author, keynote and owner, Uniquely Normal, LLC In 2017, the idea for the “Flourishing Life Model” 1 was born; however, it was incomplete. The first four levels – diminishing, surviving, striving, thriving – were developed, but it was not for another three years, in 2020, the top of the model – flourishing – finalized. The “Flourishing Life Model,” first … [Read more...] about Building Flourishing Organizations