February 3, 2015 | By Tim Heston
In their book Cashing Out of Your Business, authors Kathleen Richardson-Mauro and Jane M. Johnson tackle not just the nuts and bolts of selling an enterprise—revenue concentration, profitability, health of the market—but also the personal elements. When an owner sells a business, his or her life changes in a dramatic way.
January 29, 2015 | By Tim Heston
Newcomb Spring Corp. makes its quality assurance more efficient by upgrading its inspection equipment and investing in 3-D printing. The company’s move shows how advanced inspection and additive manufacturing work together.
January 28, 2015 | By Tim Heston
Manufacturing wages vary widely, and like anything in life, the wage story isn't simple or straightforward.
January 23, 2015 | By Tim Heston
New system introduces full automation to structural fabrication, including cutting, beam and plate handling, and welding.
January 23, 2015 | By Tim Heston
At Midland Metal Products, all machines have asset tags on them. So do calipers and tape measures—and even brooms—and it’s all tracked in a computerized maintenance management system. Tracking asset downtime has made life on the shop floor much more predictable.
January 22, 2015 | By Tim Heston
Overall projected capital spending growth has slowed from the dramatic rebound seen postrecession, but the growth continues, especially in capacity-building equipment.
January 19, 2015 | By Tim Heston
Making community college free is a bold move, but it shouldn't be used as a political tool. Unfortunately, that's the reality.
January 15, 2015 | By Tim Heston
Technological devices are changing the world, but in a very human way. It may not be about what technology can do. Instead, it may be about how technology changes our lives.
January 8, 2015 | By Tim Heston
More than 30,000 visited the FABTECH 2014, a show that had several dominant themes: skilled labor, intuitive manufacturing technology, and supply chain collaboration.
December 22, 2014 | By Tim Heston
As 2015 approaches, manufacturing's image is in pretty good shape, all things considered.
December 15, 2014 | By Tim Heston
Businesses are reshoring when it makes sense to do so. This includes items requiring quick-response, such as seasonal items that hinge on less predictable demand factors, like the weather.
December 12, 2014 | By Tim Heston
For decades Nu-Way Industries operated with a conventional management structure. In recent years, managers at the Des Plaines, Ill., fabricator discovered that the two kinds of orders the company processed, engineered to order and make to stock, really called for two distinct value streams, each operating under a different business model.
December 11, 2014 | By Tim Heston
Welders are the mortar holding the energy boom together, and today, we need more mortar than ever.
December 10, 2014 | By Tim Heston
Rando Productions juggles various projects from various customers—TV shows, commercials, theme park attractions—and each has its own timeline. It’s all one-off, nonrepeat work. Sound familiar?
December 8, 2014 | By Tim Heston
Fabricators expect steady growth for 2015. At the same time, they’re gearing up to handle increasing customer demand by investing in capacity-building equipment.