by Hank McHale, Hank McHale & Associates In today's economy, manufacturing companies must continuously work toward keeping their manufacturing costs low or risk losing their competitive edge. US manufacturing costs have been rising over the last five years; labor costs have risen 10 percent (Deloitte, 2013 Global Manufacturing Competitive Index). Direct labor can be a … [Read more...] about Review Direct Labor Cost Controls
04/2014
IMDA to Host ‘ABC’s of IML: A Basic Course’
IMDA to Host 'ABC's of IML: A Basic Course' Plastics Business The In-Mold Decorating Association will host its 25th annual "ABC's of IML: A Basic Course" on May 8 at the DoubleTree Hotel and Conference Center Chicago North Shore, Skokie, IL. Since 1989, the seminar has been an introductory in-mold labeling (IML) and in-mold decorating (IMD) course designed … [Read more...] about IMDA to Host ‘ABC’s of IML: A Basic Course’
IQMS Announces New Software Release
IQMS Announces New Software Release Plastics Business The latest version of EnterpriseIQ from IQMS, a Paso Robles, CA, ERP software and MES developer, contains nearly 550 enhancements across all segments, including financial management, shop floor control, quality, EDI, inventory and warehouse management, CRM and supply chain management. Nearly 90 percent … [Read more...] about IQMS Announces New Software Release
MAPP-Member Companies Pick Up Honors
Plastics Business Tech Molded Plastics, Inc., Meadville, PA, was named Processor of the Year at an award reception during the 2014 Plastics News Executive Forum in Wesley Chapel, FL. The company won the award over two other custom injection molders, AMA Plastics Inc., Riverside, CA, and Protoplast Inc., Cobourg, Ontario, Canada. Tech Molded Plastics scored high marks from … [Read more...] about MAPP-Member Companies Pick Up Honors
Milacron Acquires Kortec
Milacron Acquires Kortec Plastics Business Milacron LLC, a global provider of high-precision plastics processing technologies, has acquired Kortec, a supplier of co-injection technology solutions to the packaging industry. Customers will have the flexibility to purchase a fully integrated Kortec system, or choose to add a retrofit co-injection melt … [Read more...] about Milacron Acquires Kortec