Business Strategy

Overall Business Levels Strengthen

Total Mold Business Index for October 2011: 55.7

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A Better Future Will Be Built with Better Information

More information at a faster speed, the Mold Business Index is a giant step in raising your level of market intelligence.

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Five Ways to Bridge the Skills Gap

As the U.S. moldmaking industry continues toward economic recovery, finding the right worker for the job is a huge concern. In the past, entry-level machinists could be hired with little experience; yet today’s computerized machines and higher levels of automation demand a deeper skill set, even for beginners.

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Five Important Tax Changes Beneficial to Your Shop

On December 17, 2010 President Obama signed The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 (2010 Tax Relief Act) that includes important depreciation and IRC Sec. 179 deduction changes, which were retroactive to September 9, 2010 and will benefit both large and small manufacturers.

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Business Levels Steady-to-Higher

Total Mold Business Index for September 2011: 51.2

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Get Out and Stay Out

Here’s a classic water-cooler joke for you: BOSS: Get any orders on your customer visit today? SALES REP: Sure, I got two orders! “Get out” and “stay out.”

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Understanding Customer Expectations

An informal survey reveals what OEMS are looking for in their tooling vendors.

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Beyond Mold Building and Repair: A Strategy for Increasing Revenue

Although all mold building companies perform mold repair, few form a strategy to actually promote and provide mold maintenance to customers as a plan for growth.

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Business Conditions Remain Steady for Mold Industry

The results of the American Mold Builders Association (AMBA) Fall Business Forecast Survey show that business conditions remain steady for the mold manufacturing industry. Current business conditions remain Good – Excellent for 78 percent of the respondents, the same as the Summer 2011 survey.

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