Skip to content

Manufacturing

Knowing Production Costs Can Help Shape Your Strategies

Knowing Production Costs Can Help Shape Your Strategies

How much of a profit did you make on each item produced yesterday? Last week, month or quarter? Tracking and evaluating your production costs on a regular basis can help inform everything from your pricing and marketing strategies to sales, staffing, process improvement opportunities, and other factors affecting your profit
Read More
What Can an Investment Recovery Program Do For You?

What Can an Investment Recovery Program Do For You?

If you’re looking around your operations and thinking maybe it’s time for a garage sale, think again. Your company may benefit from an investment recovery program. An investment recovery program enables you to recoup some of the initial investment you made in materials or equipment that are obsolete, extra, or
Read More
The Benefits of Having a Business in New York

The Benefits of Having a Business in New York

A growing number of manufacturers (and other businesses) are realizing there are a lot of perks of doing business in New York. A few decades ago, most large companies’ manufacturing operations relocated offshore to reduce costs and remain competitive. The COVID pandemic highlighted one of the biggest risks of this
Read More
Is Your Manufacturing Operation Cyber Secure?

Is Your Manufacturing Operation Cyber Secure?

Why cybersecurity risk is growing in construction. The war in Ukraine is closer than you think. Recently, the  White House warned malicious attacks could be just a few keystrokes away, making it critical for local governments and businesses to close their digital doors, put their shields up, and protect people,
Read More
Measuring Success

Measuring Success

After decades of working with leaders across many industries, one best practice that stands out from all others in driving business success: setting, monitoring and measuring key performance indicators (KPIs). A KPI measures activity that is critical to successfully compete in the marketplace. A company may have its own KPIs
Read More
Artificial Intelligence: The Next Frontier in Manufacturing

Artificial Intelligence: The Next Frontier in Manufacturing

Artificial Intelligence (AI) represents the next frontier in manufacturing. Is your company ready to get on board? While the majority of  manufacturers globally already embrace some form of AI, almost 40% don’t.  This means there is still a lot of opportunity for organizations to drive efficiency, reduce downtime, and deliver
Read More
Hudson Valley Manufacturing: Get Ready for Growing Pains

Hudson Valley Manufacturing: Get Ready for Growing Pains

The Hudson Valley enters 2022 with strong economic growth prospects, considering the increasing number of companies expanding manufacturing, fulfillment, and distribution operations, and opening new ones in the region. While the potential positives resulting are many, growth also poses challenges, especially when it comes to attracting and retaining skilled talent
Read More
Unsure About Reshore? Consider These Trends

Unsure About Reshore? Consider These Trends

If you’re thinking the whole reshore discussion may have been a knee jerk reaction to supply chain issues immediately following the start of COVID, think again. While you’ll find some sources still questioning whether reshoring is the right move for U.S. manufacturing over the long-term – especially because of our
Read More
Merger Announcement

Welcome STAC Clients

Map of Qualified Census Tracts (QCTs)

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