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Manufacturing

5 Different Ways to Address the Talent Shortage in Manufacturing

5 Different Ways to Address the Talent Shortage in Manufacturing

Good people are hard to find. Keeping them is even harder. With an estimated 2.1 million unfilled manufacturing positions in the U.S. by 2030 according to the National Association of Manufacturing, manufacturing companies of all sizes need to take action now to attract and retain employees needed for business success
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The State of Manufacturing in New York: Where It Is & Where It Is Going

The State of Manufacturing in New York: Where It Is & Where It Is Going

While the state of U.S. manufacturing for year end 2022 and the start of 2023 doesn’t look great, data seems to point to New York manufacturers facing tougher times than others. In general, 2022 ended up better than most thought it would but worse than they had hoped. The picture
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Are Increasing Interest Rates Impeding Growth Plans? Consider this Lower-Interest Financing Option

Are Increasing Interest Rates Impeding Growth Plans? Consider this Lower-Interest Financing Option

With the Federal Reserve Board increasing interest rates seven times in 2022 and another hike likely next month, you may be hesitant about taking out loans to move forward with growth plans and investments in new products, technology, and equipment. What if we told you (or reminded you) there is
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Should Predictive Maintenance Be Part of Your 2023 Strategy?

Should Predictive Maintenance Be Part of Your 2023 Strategy?

As you work on your strategic plans for 2023, is predictive maintenance on your radar? If not, perhaps it should be. Entering another year of economic uncertainty, business leaders are coming together to define their overall strategy and goals to maximize potential and results in the next year, the next
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Should Your Company Be Taking Advantage of the IC-DISC Federal Export Tax?

Should Your Company Be Taking Advantage of the IC-DISC Federal Export Tax?

The Interest Charge Domestic International Sales Corporation (IC-DISC) offers eligible manufacturers and distributors that export U.S. products significant Federal income tax savings, which can come in handy given the current economic environment. In fact, an IC-DISC is treated as a federally exempt entity. No federal corporate tax applies. Could it
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Is Your Training Strategy Preparing Employees & Your Company for Future Success?

Is Your Training Strategy Preparing Employees & Your Company for Future Success?

Did you ever think your organization would be competing with Silicon Valley, startups, and major tech companies for talent? As Industry 4.0 (or is it 5.0, now?), AI, robotics, the Internet of Things, smart manufacturing, and more move full steam ahead, ensure your training strategy keeps pace and helps your
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Family Matters: Mind Your Business with Succession Planning

Family Matters: Mind Your Business with Succession Planning

Handing over the reins to a family business should be a source of pride, accomplishment, and peace of mind; unfortunately for many, it results in family strife, erodes wealth, and leads to business collapse. So, how do you protect your family and a business you – and maybe even a
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Business Continuity: What’s in Your Plan?

Business Continuity: What’s in Your Plan?

The world is changing faster than ever. Is your business continuity plan keeping pace? Between the COVID pandemic and ensuing shutdowns, supply chain debacles, the labor shortage, gas price hikes, increased cyber threats, the war in Ukraine, catastrophic weather events, and now, uncertainties surrounding the economic environment, the last three
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Map of Qualified Census Tracts (QCTs)

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