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Strategies for Today's Plastics Processors

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Articles

Monitoring Health Benefits Costs: What is the Magic Number?

by Will Hinshaw, partner/founder, Captive Solutions & Options Insurance reporting is wrought with charts and graphs that document figures, percentages and acronyms that are difficult to understand in terms of cause and effect. Rarely do they drive clarity and action. However, those disparate reporting sources can be simplified to a single metric that links to what business … [Read more...] about Monitoring Health Benefits Costs: What is the Magic Number?

View from 30: A Higher Meaning to Work at Belmont Engineered Plastics

by Dianna Brodine, vice president, editorial, Plastics Business Two years ago, just before the COVID-19 pandemic began impacting the United States significantly, the owners of Belmont Engineered Plastics sat down for a meeting. Among conversations about profitability and planning, the conversation turned to the “why” – why were these four individuals in business, and what … [Read more...] about View from 30: A Higher Meaning to Work at Belmont Engineered Plastics

Q&A: Automation in Plastics Molding Plants

by Nicole Mitchell, editor, Plastics Business Production efficiencies achieved through automation can be the difference between a healthy bottom line and one that leaves little room for growth. From fully automated lights-out production and push-button molding cells to robotic pick-and-place processes and ERP systems, plastics molding companies are at varying stages in the … [Read more...] about Q&A: Automation in Plastics Molding Plants

New Facility Construction: Designing for the Future

by Liz Stevens, writer, Plastics Business For blow molders and injection molders whose businesses are outgrowing their available space, building an additional facility is not a new project to be taken lightly. Molders invest countless hours in analysis, research and planning to inform a wise decision. They then expend more energy to choose a site, spec out the details, … [Read more...] about New Facility Construction: Designing for the Future

Year-End Tax Thoughts and Policy Outlook for 2022 and Beyond

by Michael J. Devereux II, CPA, CMP, partner, Wipfli With 2021 in the rearview mirror, plastics processors are beginning to close their books for the calendar year and begin tax filing season for tax year 2021. Processors are embarking on this process with a murky view of what taxes will look like in tax year 2022 and subsequent years. The following will provide some … [Read more...] about Year-End Tax Thoughts and Policy Outlook for 2022 and Beyond

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