MLR

Category: Manufacturing

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With technology at the forefront of modern communication, more and more people are turning to the Internet to stay abreast of the latest news and information. Likewise, many of today’s consumers use the Internet to find the best prices and to conduct research when they’re planning their next purchase.

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For qualified businesses, the Domestic Production Activities Deduction (DPAD) is one of the most lucrative tax breaks manufacturers can claim today — having doubled in value in 2007. It increased even more in 2010.

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High gas costs translate into high shipping costs, but manufacturers needn’t passively accept this. Those companies that learn how less-than-truckload (LTL) carriers classify freight can modify their shipping processes to lower shipping costs. That requires research into the complex, ever-changing freight classification rules set forth by the National Motor Freight Traffic Association, an organization that most LTL carriers belong to.

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What makes an effective team? Extensive research has been conducted over many decades to identify the management practices that produce the most effective teams. The findings can be distilled into 10 key behaviors that can make you a better manager and improve the effectiveness of your team. (11/23/2015)

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In recent years, energy prices can only be categorized as volatile, and that volatility is having a major impact on manufacturing profits. Industry accounts for 24 percent of all energy usage annually in the United States, making it the largest business sector. Selection of the right fuels is critical, as is energy efficiency.

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Fostering innovation is a critical component to fueling the revitalization of the manufacturing industry. While companies and the government invest in basic research, and plants have the physical capability of producing goods, there is a gap between invention and commercialization. (10/26/2015)

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The U.S. Tax Code has a long history of tax incentives for manufacturers and other business enterprises. However, as is typical, these incentives tend to come and go at the whim of Congress. Be prepared to make last minute purchases in 2015 should Congress take action. (10/12/2015)

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While there is a shortage of skilled workers in the manufacturing trades, at the same time there has been a decline in the number of women in the workforce. Congress wants to know why and, along with a number of industry trade groups, is analyzing women’s roles in the manufacturing industy. (9/28/2015)

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Although it can be a dangerous undertaking to predict what Congress will do, there is little debate that the United States is in serious need of comprehensive corporate tax reform. And it may be on the horizon. There are at least four good reasons for the need for tax reform for manufacturers. (9/14/2015)

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A multi-agency initiative by the U.S. Federal Government is another vote of confidence in the revival of the American manufacturing economy. In July 2015, the second round of 12 communities was selected to participate in the Investing in Manufacturing Communities Partnership program, which gives them access to support and funding.(8/31/2015)