So you’ve hit the Reset button. Now what? Gisbert Ledvon, Director of Business Development - Machine Tool at Heidenhain Corporation, advises companies to use this time to OPTIMIZE their organization:
The COVID-19 pandemic has exposed a lack of adaptability, flexibility, and resilience in meeting the demand for critical goods, materials, and production equipment in the United States. As it became clear that the United States, over a period of year...
With negotiations on the next COVID-19 package stalled and some benefits expiring, President Donald Trump issued four executive actions to provide some relief until an agreement is reached. They include payroll tax deferral, student loan debt relief...
Vulcan Machine Co. (Vulcan), a new manufacturing start-up founded by recent James Madison University (JMU) graduates, has successfully pivoted twice to take advantage of market opportunities. Company founders were originally developing large-format...
The Senate unexpectedly voted to extend the Small Business Administration’s (SBA) Paycheck Protection Program (PPP) hours before it expired, with more than $130 billion in funds left unused. The legislation, passed with unanimous consent, moves the ...
This March, for the first time since founding Industrial Vacuum Equipment Corporation (IVEC) in 1992, Randy Bourdo was experiencing a downturn in commercial orders. But thanks to a special quick turnaround order for a hospital COVID-19 treatment unit...
Yesterday, June 8th, the Federal Reserve Board announced that it was expanding its Main Street Lending Program to allow more small and medium-sized businesses to be able to receive support. Read the release here...
The Paycheck Protection Program Flexibility Act (PPPFA) was signed into law on June 5, 2020 after Congress approved the measure with a nearly unanimous vote. Rep. Thomas Massie (R-Ky.) was the lone dissenter. The legislation makes several significant...
The COVID-19 pandemic is creating a new normal for the next 12-18 months, most likely until a vaccine is widely available. To comply with new state, local, and industry regulations to mitigate potential health risks, manufacturers are...
On May 29 the Mexican Government published an executive order setting forth the country’s strategic and guidelines to resume economic activities in a safe, responsible and staggered manner. Companies qualified as essential and that obtained...