Manage

Reflections on Business Succession and Lessons Learned

Part one of how to plan for unexpected inherited business ownership.

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It Takes a Team Effort

It’s time to customize the TCO Estimator for molds, and it involves you!

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The Value of Hiring Interns

As a college student at a top engineering school who has also been exposed to the manufacturing industry for most of my life—my father Todd is the owner of Commercial Tool & Die (Comstock Park, MI) and the new president of the American Mold Builder’s Association (AMBA)—I see a disconnect between schools like Purdue and the small businesses that support a vast percentage of American Manufacturing.

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Reaping the Rewards of Reshoring

Bringing offshore work back in-house results in streamlined processes, clearer communications and quicker delivery times.

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Future Expectations Remain Optimistic

Total Mold Business Index for July 2012: 48.9

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Advances in Video Collaboration

How manufacturers can take video collaboration outside of the office and onto the shop floor.

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Automotive/Transportation & Electronics/Computer

Light Vehicle Sales: Steady, Not Great; Computer Production Hits a Lull

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Equipment Investment Allows Moldmaker to Zero in Medical/Packaging Niches

Tech Mold Inc. (Tempe, AZ)—a manufacturer of high-volume, multi-cavity molds for the medical disposable, packaging (caps and closures) and consumer markets—has invested just under $1,000,000 on new equipment over the past six months. These new capabilities have allowed the company to refocus its efforts in the medical and packaging markets.

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Three Big Marketing Ideas

Whatever you do, don’t stand still. Change is necessary to move your business forward.

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Overall Activity Levels Advanced

Total Mold Business Index for June 2012: 54.5

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