MMT Blog

Including June’s results, the 3-month moving average reading for new orders and production continues to expand. The expansion in new orders remains hampered by weakness in exports. Exports have been contracting modestly since the middle of 2018, the timing coincides with the start of tougher U.S. trade regulations with certain trading partners.

Employment data provided by survey participants to the Moldmaking Index continue to report strong growth after setting a recent low at the end of 2018.  June’s employment reading was the highest since March 2018, placing this month’s employment activity change on par with the level of activity recorded at the peak of the latest business cycle.

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By: Heather Wintle 8/20/2019

Noteworthy News: Winning Streak

Awards, contests, scholarships — who doesn’t love winning? With constant innovations and new technologies developing in mold manufacturing, there seems to be an abundance of programs and competitions out there to encourage learning and growth within our industry.

Everyone loves a success story, so take a moment to appreciate and applaud a few from the moldmaking community with the following news releases. Congrats to all from the MoldMaking Technology team!

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By: Theresa Samples, CPA 8/20/2019

Cost Segregation Study: A Lucrative Tax Strategy

Cost Segregation Study: A Lucrative Tax Strategy

If your shop hasn’t done a cost segregation study, there is a good probability that you haven’t claimed the appropriate amount of depreciation. This means that your business could be missing out on greater depreciation deductions earlier on in the life of the shop.

A cost segregation study is the process of identifying and separating out personal property (IRC §1245 property) that is or has been grouped with real property (IRC §1250 property). A cost segregation study breaks down the components of a building and allocates the tax basis between these two types of property that make up the entire building. 

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By: Steve Johnson 8/19/2019

Understanding Manifold Thermal Expansion

Understanding Manifold Thermal Expansion

Molders, mold builders and repair technicians are regularly challenged with manifold systems that leak plastic. Also referred to as encapsulation, flooding or cocooning, this costly repair is a main source of anxiety during manifold maintenance.

Let’s take a look at what can happen when molders, mold builders and repair technicians do not understand manifold and component expansion that occurs when they shoot a manifold or repair one in the press, or on a bench.

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Mold maintenance requires getting your hands a little dirty, and that’s also a requirement if you truly want to benefit from mold maintenance training.

According to MoldTrax, mold maintenance consists of eight stages of systemized repair: PM preparation, disassembly, troubleshoot, correction action, clean, assembly, final check, and stage/rack. Each of these stages can be broken down into ten vital steps. For example, Final check:

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