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Manufacturing

New Year’s Resolution: Revising Contracts

New Year’s Resolution: Revising Contracts

What’s your New Year’s resolution? Want to get in shape, or maybe get more organized? How about taking care of some annual business tasks that you may be putting off, like cleaning up your contracts? It’s the perfect time of year to knock this often neglected item off your to-do
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Could This Training Plan Save the Supply Chain?

Could This Training Plan Save the Supply Chain?

It’s been nearly a month since a bipartisan group of lawmakers urged Labor Secretary Marty Walsh to speed up a federal program that recruits and trains new trucker drivers to help ease the supply chain bottlenecks that are disrupting the U.S. economy. House Agriculture Committee Chairman David Scott, D-Ga., led
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Real Talk: Raising Costs 101

Real Talk: Raising Costs 101

Ongoing pandemic-related shortages mean labor and material costs are rising, and so is customer demand. Facing long finished products and raw materials delays, small to medium-sized manufacturers are being forced to adapt quickly. In fact, here’s a Reuters list of comments from U.S. companies describing their efforts to counter this inflationary environment.
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Follow these Tracking Tips to Cut Costs Today

Follow these Tracking Tips to Cut Costs Today

If you’re like most manufacturers, you don’t track order processing. Yet focusing on this performance metric can identify operational inefficiencies that are cost-cutting opportunities. Another major advantage? Continued monitoring lets you keep those costs in check and predict future outlays. If you haven’t already, your company needs to develop a
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The Not-So-Secret Tax Savings Tool You Need to Know About

The Not-So-Secret Tax Savings Tool You Need to Know About

Normally, it takes almost four decades to fully recover the cost of commercial property through depreciation deductions – and as you know, time is money. As a manufacturing company owner, you may own the building, or several buildings, where your goods are produced. Luckily, there’s a worthwhile alternative that can help
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$11 Million Estate Tax Exemption Going Away? Act Now

$11 Million Estate Tax Exemption Going Away? Act Now

It might not be tomorrow, but the sunset on the historically high estate tax exemptions is coming – maybe sooner than you expect, so get prepared. Owning a manufacturing company comes with daily challenges and in the current economy – mounting financial pressures. As many cheaper and lower-paying manufacturing jobs
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Why NY Manufacturers Struggle to Recruit Women & How to Fix it

Despite modern progress, women are still struggling to break through the manufacturing sector’s glass ceiling. According to the U.S. Bureau of Labor Statistics, 47% of the entire workforce and 52% of all professionals and managers are women, yet they represent less than 30% of manufacturing workers. New York manufacturers have
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Tools You Need to Celebrate Manufacturing Day 2021

Tools You Need to Celebrate Manufacturing Day 2021

Manufacturing Day (MFG Day) is sneaking up on us. Are you prepared to show students, parents, and prospective employees what modern manufacturing is all about at your company? If you haven’t considered celebrating this special day yet, mark your calendar and gather some company leaders to create a plan of
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Map of Qualified Census Tracts (QCTs)

  • Move map to NY and scroll to zoom in
  • Under Map Options select “Color QCR Qualified Tracts”