by Jonathan Soucy, president MBS Advisors When the owner of a plastics processing company decides it is time to sell and exit the business, there generally are two overriding questions: How do I maximize the value of my business? How can I attract an acquirer that will preserve the company’s legacy AND take care of my employees and customers? Maximizing value and … [Read more...] about Maximizing Value and Attracting the RIGHT Acquirer for Your Business
Business Planning
Strategic Planning: Setting Your Business Up for Success
by Laurie Harbour, president and CEO Harbour Results, Inc. Like everyone, shop owners have a more-than-full plate to deal with at work. As a result, they often spend their time addressing day-to-day business challenges and neglecting the critical activity of developing long-term strategies to drive their companies’ future success. However, the mistake many leaders make is … [Read more...] about Strategic Planning: Setting Your Business Up for Success
Plastics M&A Activity Bounces Back in Q1 2019
by David Evatz, managing director, Stout In the first quarter of 2019, 123 plastics industry M&A transactions took place, a 28% increase year over year (YOY). The number of transactions during the quarter was also the second-highest quarterly total over the past seven years. Industrial plastics led the charge during the quarter with a 49% increase YOY, while automotive and … [Read more...] about Plastics M&A Activity Bounces Back in Q1 2019
Four Ways Plastics Providers Combine KPIs to Accelerate Growth
by Louis Columbus, principal IQMS The fastest-growing plastics processors and manufacturers excel at combining efficiency and production-based key performance indicators (KPIs) to gain in-depth insights and capitalize on them more quickly than their competitors. Central to these companies growing 10% a year or faster is their ability to combine analytics, business … [Read more...] about Four Ways Plastics Providers Combine KPIs to Accelerate Growth
3D-Printed Fashion: Makers Push Boundaries
Edited by Nancy Cates, contributing writer Plastics Business Managing Editor’s note: Innovation is the name of the game, and Julia Daviy is at the forefront of the 3D-printed fashion industry. Although I doubt if many Plastics Business readers are using their 3D printers to whip up a new blazer on the weekend, it’s important to keep an eye on the possibilities – and Daviy is … [Read more...] about 3D-Printed Fashion: Makers Push Boundaries