PM Blog
Choosing the Right Buy-Sell Agreement
There are two types of business continuation agreements: cross purchase agreement and stock redemption. Knowing the ins and outs and advantages of each will help a company choose the most appropriate agreement.
Read MoreDavenport Coming Back
I was standing on the dock at the Fort Lauderdale boat show when my cell phone rang. It was Andrea from Tajmac in Milan offering me congratulations on the purchase of Davenport. I told him I hadn’t bought it, but I was trying like hell. He said at that point he didn’t know whether to offer me congratulations or condolences! About an hour later my chief operations officer, Andy Laniak, called to say that indeed, we were the highest bidder, and it looked like we were going to succeed in acquiring the assets of the company.
Read MoreWhat's Our Business?
We’ve heard it ad nauseam: Manufacturing is changing. Well, that’s a big Duh! I think it’s a safe bet that most of us understand change is happening. How to deal with that change is really the question.
Read MoreCheck Your Company's Attitude
If you are in manufacturing, no one has to tell you how tough the last few years have been. But you are still here, aren’t you? Just the fact that you are reading this magazine proves that you are still engaged. You are still looking for new tools, methods and ideas that will help you and your company win.
Read MoreLeave A True Legacy Through Succession Planning
You have been successful. Careful succession planning should precede the transfer or sale of a family business. Whether you strategize carefully or not at all, the tax effects of your decisions will determine how much or how little your heirs will ultimately receive.
Read MoreMaximum Linkage
Using the Internet and Web to find information, research a topic or support your business can be rewarding, as more and more shop professionals are finding.
Read MoreTraining For Now And The Future
Online learning tools are quickly becoming a standard for many shops looking to maintain a high level of continuing education while keeping expenses at a minimum.
Read MoreBarfeeders Have Come A Long Way
From the perspective of a barfeeding solutions company, this is an exciting time for the screw machine industry. We see our customers turning out a variety of parts, many of which are made to the tightest tolerances ever. We also find that they are rethinking their entire manufacturing process to improve productivity a
Read MoreDon't Confuse Your Customers
Job shops and manufacturing facilities of all types and sizes will find themselves applying maturing Internet- and Web-based technologies to improve many areas of their businesses. Shop management solutions for supply chain or enterprise management will allow you to provide—or will soon allow you to provide—your existing customers with real-time account information and empowerment to participate more efficiently in their relationships with you. As you begin to explore these types of options, or to nourish existing applications, it’s important to consider the stresses that participation in such systems may place upon your partners. For example, consider passwords.
Read MoreTHINC Together
The belief that “two heads are better than one” has been taken to a new level. As the first facility of its kind, Partners in THINC is where a customer can come to see real parts being manufactured for real customers. In addition, this facility is where 26 of the industry’s leaders have committed products, engineers and time to reach out to the manufacturing industry to solve problems and create solutions as a team—a multi-discipline partnership.
Read MoreLights, Camera, Action
The Web cam has brought interesting opportunities for the average person to broadcast live-action footage throughout the world via the Internet.
Read MoreNC Coding For Encoders
With the right CAM system, this manufacturer of industrial encoders was able to incorporate offline part programming and knowledge-based machining for increased productivity.
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