MMT Blog

By: Heather Wintle 9/26/2019

Tech Trends: K 2019 Sneak Peek, Part 3

As the world’s leading trade fair for plastics and rubber, K 2019 has many exciting things for attendees to see and learn about. This event, to be held October 16-23 in Dusseldorf, Germany, will not only have hot topics covering key industry themes and special shows and discussions dedicated to trend-setting developments and innovations, but it will also be host to exhibitors from around the globe.

With only weeks away from the event, we here at MoldMaking Technology want to give you a sneak peek at the types of products you’ll see from its exhibitors, right here.

Read More

By: Michael J. Devereux II, CPA, CMP 9/26/2019

How to Start Planning Your Business Exit

The exiting planning process is a challenge for many mold shop owners because they love what they do, and it is very hard to imagine not coming into the shop every day. Developing your succession plan will force this very uncomfortable thought process, which may change how, why and when you plan to exit the company. Here are some factors to consider when developing or refining your succession plan.

What is your mold shop worth? The value you perceive may not be the same as a potential buyer or next-generation owner, so understanding the value of the company and the drivers of value are key to maximizing your benefit upon exit.

Read More

No matter how old I get, the month of September still reminds me of school days. And although I can still feel the dread of those last few days of summer freedom before heading back into the classroom years ago, I experience more of an optimistic feeling today, as my son gets ready for school, and kids walk past my house on their way to the bus stop.

I feel hopeful and a little excited about the year of learning ahead for these kids, which reminds me that our job, as individuals working within the manufacturing community, is to help with that learning.

Read More

By: Heather Wintle 9/24/2019

Noteworthy News: Perks & Promotions

Noteworthy News: Perks & Promotions

Don’t let it be said that the moldmaking community doesn’t like a good deal. Whether it be its employees or its customers, the businesses in some of MoldMaking Technology’s latest news releases show appreciation through their perks and promotions!

 

Read More

When I received the announcement about the appointment of Harry Moser to the U.S. Investment Advisory Council (IAC), I immediately reached out to him to find out what the appointment entails and how he sees himself making a difference.

Moser, who is founder and president of The Reshoring Initiative, is one of 25 individuals who have been appointed to serve on the IAC. The organization was first chartered in 2016, and has made recommendations on issues including infrastructure investment priorities, improving U.S. workforce development initiatives, and creating/improving digital tools to support economic development. Many of these recommendations are being acted on by various arms of the Department of Commerce, which is currently being led by Secretary of Commerce Wilbur Ross.

Read More