MMT Blog
The Seven Ds of a Buy-Sell Agreement
My client handed me his 13-year old buy-sell agreement. The business value, specified as a fixed amount, was about 3 percent of the current market value. Any problems here? First, the value is not current and too low. Attempts to enforce the contract would result in litigation. Second, the IRS will not accept the low value for estate tax purposes. Third, since this agreement is not current, the funding for the buyout does not exist. Either the buyer or the company must come up with funding or it’s very likely all or part of the business will have to be sold to a third party.
Read MoreTaking the Guesswork Out of Surface Treatment
Using x-ray spectrometry to help ensure superior mold performance.
Read MoreCustom Machining Builds Revenue at Strohwig
Moldmaker turns metal fabrication skills into a major profit center with aerospace work.
Read MoreDo Eight Years Matter?
Data and analysis results of a North American plastics industry study on the mold manufacturing industry call for change.
Read MoreAligning Efforts in the Automotive Industry
Forming a strategic alliance allows this group of moldmakers to pool their resources and offer OEMs complete support—all the while realizing tax savings.
Read MoreUsing TiN Coatings to Protect Your Knock-out/Ejector Pins
Proper surface treatments for enhancing corrosion resistance of mold components in molding situations.
Read MoreTooling for Zero Stock Machining
Machining to net shape relies on proper end mill selection.
Read MoreWork Smart: Balancing Price and Productivity
Cutting tools are unique in their effect, as relatively small investments can result in tremendous cost reductions.
Read MoreA Shop View on Industry Change
What one shop general manager has learned throughout the past 30 years.
Read MoreA Supplier View on a Decade Of Moldmaking Progress
There has been a tremendous amount of change in the U.S. moldmaking industry over the past 10 years, and mold shops that adopt new machine tools, services and technology will enhance their capabilities for long-term success.
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