By Teri Samples, partner and CPA, Wipfli The Inflation Reduction Act (IRA) gave a boost to the manufacturing industry. Specifically, the new law rewards plastics processors for various investment initiatives to either incentivize or reward taxpayers who engage in a variety of clean energy practices. Many times, these investments make good business sense, with shorter than … [Read more...] about New Tax Law Rewards Manufacturers for Going Green
Articles
View from 30: CMG Plastics Combines Sight and Sound to Increase Safety
By Lindsey Munson, editor, Plastics Business Inspired by Kmart® and its “blue light special” method to entice customers to hurry throughout the store and shop the discounts, CMG Plastics creatively took the iconic “blue light” method and innovatively launched it in its Brantford, Ontario, facility. Like Kmart®’s method, CMG’s goal is to entice employees to hurry “out of the … [Read more...] about View from 30: CMG Plastics Combines Sight and Sound to Increase Safety
Leaders Drive Success by Asking the Right Questions
By Jim LeGacy, president and CEO, Orion Performance Compounds As a commercial leader, I’ve been in a unique position, visiting hundreds of facilities and witnessing the companies that are doing everything correctly, and the companies that are not. In most cases, a lack of clear objectives and leader reinforcement is the downfall. This leads to lower productivity, low employee … [Read more...] about Leaders Drive Success by Asking the Right Questions
Secondary Education Programs Offer Opportunities in Plastics
By Liz Stevens, writer, Plastics Business The US manufacturing industry continues to face challenges recruiting workers. Colleges and universities are helping to address the problem by offering plastics-oriented courses and credentials, ranging from degree programs that equip young adults with an educational foundation in the industry to credential programs designed for … [Read more...] about Secondary Education Programs Offer Opportunities in Plastics
Walk a Mile in Their Shoes to Lead with Empathy
Summarized by Liz Stevens, writer, Plastics Business Gains in efficiency, quality, throughput and profit can be realized by immersing oneself in the day-to-day activities of one’s team. Jeff Ignatowski, president of Champion Plastics, Auburn Hills, Michigan, walked through a real-world case study during the 2022 MAPP Benchmarking Conference in Indianapolis, sharing steps and … [Read more...] about Walk a Mile in Their Shoes to Lead with Empathy