by Dianna Brodine, vice president, editorial, Plastics Business “When your mother asks, ‘Do you want a piece of advice?’ it is a mere formality. It doesn’t matter if you answer yes or no. You’re going to get it anyway.” – Erma Bombeck, American humorist US plastics manufacturing has plenty of family business success stories, so it’s likely that many reading this article … [Read more...] about Who Supports the Leaders? The Role of the Business Support Team
Business Planning
Sophisticated Check Fraud Scheme Stopped with Positive Pay
by Dianna Brodine, vice president, editorial, Plastics Business “I received a call from the bank,” said Erica Berg, chief financial officer for Vital Plastics, Inc., Baldwin, Wisconsin. “A check was coming through on our payroll account, and the bank wanted to verify it since it didn’t match up with the data we had provided.” Vital Plastics uses a service called Positive … [Read more...] about Sophisticated Check Fraud Scheme Stopped with Positive Pay
Adapting to and Overcoming New and Recurring Challenges in 2022
by Ian Gjertson, analytics director, MAPP The past two years featured numerous challenges and controversy as the world has tried (and continues to try) to adapt to and overcome the COVID-19 pandemic. Fortunately, according to the 195 plastics processing companies that participated in MAPP’s 22nd annual State of the Plastics Industry Report, which benchmarks 2021 performance … [Read more...] about Adapting to and Overcoming New and Recurring Challenges in 2022
What is Going On, and Why?
by Chris Kuehl, managing director, Armada Corporate Intelligence The consumer is seeing all manner of inflation lately – as seen in the media. That tends to obscure the kind of inflation the manufacturing sector is experiencing. The Producer Price Index jumped by more than 10% in 2021, and that is a surge not seen in years. Much of that can be attributed to oil and energy … [Read more...] about What is Going On, and Why?
The View from 30 Feet: Going Green is Good for Business at PMT
By Nicole Mitchell, writer, Plastics Business At Plastic Molding Technology (PMT), El Paso, Texas, sustainability is a top priority. The corporate sustainability initiatives, focused on environmental impact, began as a side emphasis for the leadership team several years ago, and today the company reaps the benefits through cost savings, team safety and price … [Read more...] about The View from 30 Feet: Going Green is Good for Business at PMT