by Laurie Harbour, Harbour Results, Inc. In October of 2013, Harbour Results, Inc. (HRI) and the Original Equipment Suppliers Association (OESA) collaborated on a study of automotive tooling. The initial goal for this benchmarking study was to analyze payment terms and sourcing practices within the industry, which are two very hot topics for tool suppliers. However, the … [Read more...] about Challenges for the Tooling Industry will Impact Processors
2014 Winter
Benefits and Burdens of the Domestic Production Activities Deduction
by Michael J. Devereux II, CPA, Mueller Prost PC Enacted in 2004, the Domestic Production Activities Deduction (DPAD)1 is generally nine percent (9%) of a taxpayer's qualified production activities income (QPAI or qualifying income) for the tax year.2 The DPAD is designed to be the economic equivalent of a three percent (3%) reduction in tax rate on qualifying activities. This … [Read more...] about Benefits and Burdens of the Domestic Production Activities Deduction
MAPP Business Forecast Survey Shows Strong 12-Month Outlook
by Troy Nix, MAPP Nearly nine out of 10 plastics processing executives are expecting their 2014 sales trends to increase over the next twelve months, according to MAPP's most recent survey on the state of industry's economic conditions. Up 13 percentage points from last year, this 12-month outlook is the strongest ever recorded in any of MAPP's previously published business … [Read more...] about MAPP Business Forecast Survey Shows Strong 12-Month Outlook
MAPP Association News
Manufacturers Association of Plastics Processors A Letter from Mike Walter, MAPP Board President Maximizing Your MAPP ROI This issue of Plastics Business includes a summary of the results of MAPP's Economic Survey. Did your organization participate? If so, odds are your business is doing well and you're optimistic about 2014, finding business conditions to be good or … [Read more...] about MAPP Association News
Fearless Manufacturing at Noble Plastics
Interview by Dianna Brodine, Plastics Business With a passion for making things and a fearless approach to business, Missy and Scott Rogers are entrepreneurs in every sense of the word. They're dedicated to the employees whose hard work translates into bottom-line success. They're driven to discover new and better solutions for the customers who trust them to bring … [Read more...] about Fearless Manufacturing at Noble Plastics