by Greg Kozera, director of marketing and sales, Shale Crescent USA A new study by Shale Crescent USA and Jobs Ohio directly shows the United States is the most profitable place to manufacture plastics products. For the past four decades, US manufacturers have migrated overseas to China primarily due to cheaper foreign labor and a decreasing US energy supply. Times have … [Read more...] about US is More Profitable Than China for Plastics-Based Manufacturing
Business Planning
Strategic Alternatives: Insights on Ownership Transitions
by Michael Benson, managing director, Stout One of the key decisions a business owner will face is when and how to address a major ownership transition. Owners facing this decision may find that their interests begin to diverge from the interests of the company and will need to weigh the importance of generating liquidity and maximizing the valuation of the business against … [Read more...] about Strategic Alternatives: Insights on Ownership Transitions
I Put the “Pro” in Procrastinate
by Dianna Brodine, vice president, editorial, Plastics Business It’s 6:56 p.m. I started this article much earlier this afternoon. Well, I opened a new document in Microsoft Word, wrote the title, made sure my byline looked good… And then time got away from me. The office phone wouldn’t stop ringing, there were questions about the contract for an upcoming event and we added … [Read more...] about I Put the “Pro” in Procrastinate
Going for Gold: Safety in the Workplace
by Lindsey Munson, editor, Plastics Business A high percentage of the American workforce represents the plastics industry. With so many in the trade, it is key for companies to place awareness, training and a cultural balance of safety and health at the forefront of their mission. It takes the dedication of every person, every day, whether in the front office or on the shop … [Read more...] about Going for Gold: Safety in the Workplace
Reshoring Gains Momentum
by Hallie Forcinio, writer, Plastics Business Reshoring is gaining momentum. Bringing manufacturing back from overseas appeals to national pride; counters increasing costs offshore; minimizes risks related to lack of domestic production, geopolitical uncertainties and currency fluctuations; protects intellectual property; shortens supply chains; and eliminates quality issues … [Read more...] about Reshoring Gains Momentum