Legal / Accounting

By Lindsey Munson, editor, Plastics Business In a matter of weeks, 2023 will come to a close and companies will begin the important task of analyzing the prior months to then take those learnings and build a strategic plan for 2024. Ultimately, this will paint a clear direction for management and internal teams as they head into a new year. By taking early measures to … [Read more...] about Strategic Planning for 2024: Contracts, Labor Markets, Tax Impacts and Resin Trends

Contracting in a New World

By Josef Keglewitsch, partner, Ice Miller LLP The industry likely has seen more upheaval in commercial contracts in the past five years than it did in the 20 years that preceded that period. It is no coincidence that recent history has seen an economy beset by unprecedented challenges: pandemics, labor shortages, energy crises, transportation challenges and a supply chain … [Read more...] about Contracting in a New World

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

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