Industry Market Trends

How to Successfully Transition the Family Business

January 29, 2014

One thing that's constantly in the mind of a family business owner is succession planning. The transition of the family business to the next generation can be seamless and smooth. However it takes education, planning, openness, and humility. Read More

Industry Market Trends

Minding Your Business: Benefiting from a Modern Boiler System

January 28, 2014

What a standard boiler has to do is relatively simple: use oil or gas to heat large volumes of water that is then distributed via piping to some form of radiation unit such as a finned tube or a flat panel in each room of your building. There have been significant advances in boiler efficiency, resulting in lower costs to heat interior spaces.  Read More

Industry Market Trends

Minding Your Business: Keeping Hazardous Areas Clean & Safe

January 28, 2014

Avoiding the risk of fire or explosion is a major safety concern in any environment where flammable or combustible materials are present. Most manufacturers, processors, and other industrial organizations recognize the importance of hazardous area safety and have established programs and procedures to identify potential risks and reinforce safe behaviors. Read More

Industry Market Trends

How to Differentiate Yourself in Today's Engineering Job Market

January 23, 2014

Today, engineering jobs are much harder to come by because of intense competition among well-qualified candidates. That’s why you must differentiate yourself from the crowd. Here are a few real-life examples of engineers with whom I worked who have recently done exactly this. Read More

Industry Market Trends

The Pressure Is On for Styrenic Polymer -- and Not Just Prices

January 23, 2014

Prices for styrene and polystyrene (PS) resin are expected to rise due to constraints on feedstock supplies even though the demand outlook for both is relatively weak. Read More

Industry Market Trends

Successful Boundaries Make Successful Family Businesses

January 22, 2014

George loved his business. He ran a successful contract manufacturing shop, was good at landing new customers in new markets, and followed the family footsteps. After a number of years of hiring out the office administration of his shop, he and his wife, Katie, decided to have her become involved in the operation. Read More

Industry Market Trends

Modern Manufacturing Supply Chain Success Requires Constant Vigil

January 21, 2014

The vertically integrated supply chain model borne from the manufacturing industries of the 20th century has long been recognized as a creature of very different economic and cultural conditions. In fact, the concept of supply chain management didn’t take hold in the U.S. until the mid-1990s, and logistics wasn't defined as a profession by the Department of Labor until 2000. Read More