Business Strategy

Basics 1 Oct 2016

A Look at the New Department of Labor Overtime Rule

With this new rule, it seems like a good time to go back to the basics and review what the FLSA requires of employers, what liability can result from not complying with the FLSA, and what you can do to avoid liability and make sure your exempt employees are really exempt.

Regulations 1 Oct 2016

Keeping Up with ISO: Minimize Risk in Value-Chain Partnerships

In addition to ISO 9001:2015 certification, there are a variety of ways that U.S. manufacturers can lower product-quality risks.

Industry 40 1 Oct 2016

An Industry 4.0 Proving Ground

By making use of data collected directly from its machines, this mold manufacturer is riding the wave to the next industrial revolution.

Business Strategy 1 Oct 2016

New Overtime Rule

The U.S. Department of Labor has implemented a new rule related to overtime compensation. An attorney explains what this means for shops like yours.

Leadership 28 Sep 2016

A Temp Turnover Solution

Some mold builders, especially those also involved in molding, use temporary labor. And this comes with a challenge: turnover. What's needed is a retention strategy that considers everything from pay to open communication.

Marketing 26 Sep 2016

Manufacturing Day is an Opportunity for our Industry

How are you celebrating our national day, Manufacturing Day, this year? October 7 marks the fifth year since Manufacturing Day was established in the US, Canada and Mexico, and the mold manufacturing industry should embrace the opportunity to spread the message that moldmaking is cool!

Business Strategy 14 Sep 2016

GBI: Moldmaking for August 2016 - 51.1

With a reading of 51.1, the Gardner Business Index showed that the moldmaking industry expanded in August for the first time since March 2016 and just the second time since March 2015.

1 Sep 2016

The Bottom Line: Recent Tax Issues Affecting Moldmakers

With a top federal income tax rate of almost 40 percent, coupled with other obligations such as payroll taxes, state income taxes and excise taxes, a significant tax burden is placed on moldmakers.

1 Sep 2016

Keeping Up with ISO: Sort, Set, Shine, Standardize, Sustain

The 5S system is a working tool for ISO 9001:2015 that was developed to help mangers and work personnel systematically achieve greater organization, standardization, efficiency and safety in the workplace.

1 Sep 2016

Forecasting and Balancing Business

Aligning operations, sales and business is essential to leveling out the effects of peaks and valleys.

North America’s Premier Molding and Moldmaking Event

Forget about long angle pins & hydraulic cylinders