The question I’m frequently asked is “Do I really need to consider a retirement plan for my business?” The answer is typically “Yes”. The question arises, generally, because the owner of the business or professional practice does not want to add unnecessary overhead or increase costly unnecessary and unappreciated benefits.
European Union antitrust regulators have raided the offices of several companies that make and...
The energy efficiency market is rapidly evolving to include no-first-cost financing options that...
Volkswagen turns off some employees' email 30 minutes after their shifts end. Goldman Sachs is urging junior staff to take weekends off. BMW is planning new rules that will keep workers from being contacted after hours.
Mark your calendars for the first ever Distribution & Manufacturing Profitability Forum brought to you by Industrial Distribution and its related publications!
MODEX 2014® is the industry's newest expo for the manufacturing and supply chain industries. It’s where the best and brightest thinkers in the supply chain gather to discuss the trends of today and the challenges of tomorrow.
Steve R. Kline, Jr., Director of Market Intelligence at Gardner Business Media, Inc. provides a quick update on capital spending for the machine tool industry.
Dow Chemical is looking to spin off or sell about 40 manufacturing plants from its business as it continues to move away from cyclical commodity products.The company said Monday that it expects those deals to happen within the next one to two years. Almost 2,000 workers will be affected by the moves.
For the first time in two and a half years, a new Saab sedan has rolled off the production line in Trollhattan in south-west Sweden.National Electric Vehicle Sweden, the Hong Kong-based company that bought Saab out of bankruptcy in September last year, on Monday presented its new 9-3 Aero.
Nixon on Friday called a special legislative session to begin Monday in order to approve an economic incentives package of up to $150 million annually that he said must be completed quickly before Boeing decides where to the build the new commercial airplane.
Nearly a year after energy giant BP cut a deal to a resolve a criminal investigation of its role in the nation's worst offshore oil spill, a jury is set to hear the Justice Department's case against a former company employee accused of trying to stymie the federal investigation.
France's Socialist government is criticizing plans to award a 21 million-euro ($28.5 million) pension pot to the outgoing CEO of struggling French carmaker PSA Peugeot Citroen.
Anaheim, Calif.-based Fisker, which planned to build cars at a former General Motors plant in Delaware, filed for bankruptcy protection last week, ending a long, downward spiral that began after it received a $529 million loan commitment from the U.S. Department of Energy.
A judge has given a dose of cold water to Sriracha, ruling Tuesday that the factory that manufactures the trendy hot sauce must partially shut down after neighbors complained of the spicy smells it was producing.
An animal rights group said Wednesday it videotaped workers at a central Oklahoma farm abusing hogs raised for Tyson Foods, and the meat company said it would immediately end its contract with the supplier.
In the past ten years, Morton Manufacturing has grown from approximately $40,000 a month in sales to more than $2,000,000 per month. This included sales to all of the largest jet engine builders in the world.
New manufacturing techniques, such as M2M, have recently begun to rely on remote wireless monitoring to improve safety and reliability conditions. Gone are the days of maintenance pros climbing ladders or placing their hands in turbines to collect machinery health information — instead, information is sent to a central repository and analyzed by analysts 24/7 so maintenance personnel fix only the equipment that needs attention.
As the CEO of a supply chain management, e-procurement, and financial productivity solutions company, Tim Garcia draws on real-life experiences to provide four tips for incorporating web security into companies’ overall risk management strategies. Lax procedures that fail to protect critical data leave businesses vulnerable to attacks that threaten customers and damage brands.
Whether you are just getting going on your business career or you have been working in the field for years, one thing that always comes back to bite you is costs. How can we alleviate these costs? What are some strategies for tracking manufacturing costs and managing them so that they don't get too far out of hand?
Manufacturers, in many cases, are leading the way in finding more flexible ways to work with labor. It gives the flexibility to build people’s confidence without necessarily becoming full-time employees. There’s more technology that can be put to play in training people, in ensuring their skills are high.
Intelligrated, a North American-based automated material handling solutions provider, announces the appointment of Rod Selby to the position of director, Asia Pacific business development.
Gov. Nathan Deal announced Wednesday that Caesarstone is planning to invest between $70 million and $100 million in the new plant in Richmond Hill — about 20 miles southwest of Savannah. Deal says the company will import raw materials to make new countertops, and will export the finished products from Georgia's ports.
In this issue, experts share maintenance best practices to cut industrial motor use costs, a company explores new ways of connecting businesses to manufacturers, and a bottling business focuses on zero wast management and American jobs.
The former CEO of a company that made fire-resistant building blocks has pleaded guilty to scamming nearly $5 million from people who lost their homes in two wildfires. The Santa Barbara News-Press reports 64-year-old Penny Estes entered her plea to 28 counts on Thursday. She could face nearly 40 years in prison when she's sentenced.
Boeing Co. is speeding up production of its 737 again as it aims to cut down a huge backlog of the jets.
Ghosn attributed the weaker than expected performance to a variety of troubles, chief among them weakness in many emerging markets and painfully expensive recalls. He announced a management reshuffle that will make the company's chief operating officer, Toshiyuki Shiga, a vice chairman and appoint three other executives as COOs.
The growing demand for immediate information in business has driven the creation of real-time data analysis solutions by geospatial engineering firms. Advanced consumer reporting solutions allow manufacturers, retailers and distribution companies to collect and crunch real-time inventory and sales data, and make it usable in seconds.
Battery Ventures portfolio company Industrial Safety Technologies (IST) has completed the acquisition of the Oldham fixed-point gas detection business from Industrial Scientific Corporation.
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