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Strategies for Today's Plastics Processors

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Business Planning

Maintaining Business Stability Amid Political Turbulence

by Jeff Bush, author and fiscal authority Have there been times during your career when outside influences affected the course you had set, tossing your business plan into a turbulent storm of chaos? You may have been elated – or dismayed – during the recent election, but in either case, the powers that be in Washington, D.C., likely have you scrambling for directional control … [Read more...] about Maintaining Business Stability Amid Political Turbulence

Strategic Alternatives Through an Owner’s Eyes: Ownership Transitions

by Joellen Sorenson, director Stout The satisfaction of succeeding as a business owner can be unparalleled - achieving millions in sales by starting with an idea and a plan, weathering ups and downs and giving dozens, hundreds or even thousands of employees a chance to earn a living. Inevitably, there will come a time when change is necessary, and one of the most … [Read more...] about Strategic Alternatives Through an Owner’s Eyes: Ownership Transitions

Moving on Over: Manufacturing in China Helps Grow US Operations

by Brittany Willes, contributing writer Plastics Business Overseas manufacturing. It's a phrase that likely conjures images of overcrowded factories in distant lands while American factories sit abandoned and rotting. It is a phrase that can leave a bad taste in the mouths of some Americans, but - as with most stories - there is more than one side to consider. Some … [Read more...] about Moving on Over: Manufacturing in China Helps Grow US Operations

2017 Plastics Industry Outlook: Optimistic and Automated

by Ashley Turrell Burleson, operations support specialist MAPP, Inc. More than 90 percent of plastics processing executives anticipate either steady or increased business activity for 2017, according to the recent State of the Plastics Industry Report from the Manufacturers Association for Plastics Processors (MAPP). In its 17th year, MAPP's annual State of the Plastics … [Read more...] about 2017 Plastics Industry Outlook: Optimistic and Automated

Top 10 Equipment Acquisition Trends for 2017

Plastics Business Given US businesses, nonprofits and government agencies will spend over $1.5 trillion in capital goods or fixed business investment (including software) this year, financing a majority of those assets, ELFA outlined trends that will affect a significant portion of the US economy. In determining its Top 10 Equipment Acquisition Trends for 2017, ELFA distilled … [Read more...] about Top 10 Equipment Acquisition Trends for 2017

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