By Greg Hannoosh and Mark Malloy, Next Step Communications, Inc. After a six-year absence, North America’s biggest plastics event is back, and NPE is coming to Orlando, Florida, from May 6-10, 2024. If you are one of the more than 2,000 companies exhibiting at the show, the booth space has already been chosen. Now what? How will your company be presented at NPE? And, how … [Read more...] about How to Get the Most Out of Exhibiting at NPE2024
Business Planning
Best Practices for New Program Start-Up: The Supplier Perspective
By Lindsey Munson, editor, Plastics Business Molders and OEMs are accustomed to the industry’s pressures when it comes to onboarding suppliers, mold production cycles, meeting customer demands, implementing new protocols, and the list goes on – but, what about the pressure that comes with a new program start-up? Of course, most, if not all molders and OEMs have a strategy … [Read more...] about Best Practices for New Program Start-Up: The Supplier Perspective
A Collision of the Global Supply Chain: Politics, Inflation and Alternative Sources
By Chris Kuehl, managing director, Armada Corporate Intelligence Not that manufacturing has avoided talking about international issues in the past, but there have been new developments that have been pushing these issues to the forefront – especially for the plastics industry. There is an old adage that asserts, “When elephants fight it is the mice that suffer.” The US and … [Read more...] about A Collision of the Global Supply Chain: Politics, Inflation and Alternative Sources
New Tax Law Rewards Manufacturers for Going Green
By Teri Samples, partner and CPA, Wipfli The Inflation Reduction Act (IRA) gave a boost to the manufacturing industry. Specifically, the new law rewards plastics processors for various investment initiatives to either incentivize or reward taxpayers who engage in a variety of clean energy practices. Many times, these investments make good business sense, with shorter than … [Read more...] about New Tax Law Rewards Manufacturers for Going Green
Walk a Mile in Their Shoes to Lead with Empathy
Summarized by Liz Stevens, writer, Plastics Business Gains in efficiency, quality, throughput and profit can be realized by immersing oneself in the day-to-day activities of one’s team. Jeff Ignatowski, president of Champion Plastics, Auburn Hills, Michigan, walked through a real-world case study during the 2022 MAPP Benchmarking Conference in Indianapolis, sharing steps and … [Read more...] about Walk a Mile in Their Shoes to Lead with Empathy