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Manufacturing

Industry 4.0 for Small and Medium-sized Businesses: Challenges and Solutions

Industry 4.0 for Small and Medium-sized Businesses: Challenges and Solutions

Last updated on June 16th, 2025Industry 4.0—also known as the Fourth Industrial Revolution or “smart manufacturing”— refers to the digital transformation of the manufacturing field, including the integration of technologies such as artificial intelligence, Internet of Things (IoT), cloud computing and analytics, and machine learning (IBM). While large manufacturers have
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Is Additive Manufacturing the Right Choice for Your Business?

Is Additive Manufacturing the Right Choice for Your Business?

MIT defines additive manufacturing—often referred to as 3-D printing—as the process of creating an object by building it one layer at a time. Additive manufacturing has risen to the forefront of discussions in the manufacturing world over the last several decades. Many types of materials can be used in additive
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Small Businesses and MWBEs: Access Reduced-Interest Loans through New York’s Linked Deposit Program

Small Businesses and MWBEs: Access Reduced-Interest Loans through New York’s Linked Deposit Program

Last updated on April 22nd, 2025Small businesses are at the heart of New York’s economy, culture, and communities. According to Empire State Development, “small businesses make up 98 percent of New York State businesses and employ 40 percent of New York’s private sector workforce.” And yet, small businesses, along with
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Tax Credits Available to Manufacturers in New York

Tax Credits Available to Manufacturers in New York

As a manufacturer in New York State, you may be able to receive tax credits for purchasing new equipment, creating new jobs, utilizing property for manufacturing, investing in research and development, participating in the Excelsior Jobs Program, and more. Tax credits can directly reduce the taxes you owe and, in
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What Do New Tariffs Mean for Manufacturers in the U.S?

What Do New Tariffs Mean for Manufacturers in the U.S?

The United States economic landscape has seen a great deal of change since the arrival of the new administration in January. One of the most widely discussed and debated topics of the past year has been the possibility of increased tariffs on goods imported to the U.S. in 2025. That
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The Role of Financial Due Diligence and EBITDA in Business Transactions

The Role of Financial Due Diligence and EBITDA in Business Transactions

When it comes to buying, merging, or selling a business, financial due diligence is critical. This thorough analysis of a business’s financial health provides a comprehensive understanding of its economic standing, mitigating potential risks and ensuring a fair deal for both parties involved. One factor that plays a significant role
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Charting Your Supply Chain Strategy in Stormy Waters

Charting Your Supply Chain Strategy in Stormy Waters

With escalating trade wars, geopolitical uncertainties and conflicts, the pending Presidential election, and more, U.S. manufacturers continue to navigate choppy waters to chart their supply chain strategy. Building on President Trump’s 2018 tariff increase on goods from China, in mid-May, President Biden set out to address unfair trade practices and
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A New Cyber Risk Every Manufacturing Business Needs to Be Prepared For

A New Cyber Risk Every Manufacturing Business Needs to Be Prepared For

Last updated on July 23rd, 2024While we have become accustomed to hearing about ransomware attacks where systems are shut down and/or data is held for ransom, there’s another risk to account for in your business continuity/crisis management plan, especially in today’s connected environment: when a software solutions provider is attacked
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Map of Qualified Census Tracts (QCTs)

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  • Under Map Options select “Color QCR Qualified Tracts”