163 new Industrial Manufacturing Planned Industrial Project Reports – October 2021 Recap

SalesLeads has announced the October 2021 results for the newly planned capital project spending report for the Industrial Manufacturing industry. The Firm tracks North American planned industrial capital project activity; including facility expansions, new plant construction, and significant equipment modernization projects. Research confirms 163 new projects in the Industrial Manufacturing sector.   The following are selected...

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Operating from a vacant lot

As we bring 2021 to a close, we are just beginning to ascertain the new realities of a changing workforce and economy.  A pandemic we all believed would be firmly in the rear-view mirror by the summer of 2021 has continued to infect not only our populace, but also our workforce, our corporate policies, and our economic outlook for the foreseeable future. Although some would argue with me, this author believes that the ongoing...

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Ransomware Readiness and Recovery –Eight Do’s and Don’ts

There were seven people seated around the table: The CEO, the VP, the CFO, the Special Agent from the FBI, the owner, the forensics technician, and the company’s CISO (Chief Information Security Officer). “Don’t pay” was the CEO’s vote. Same for the VP. “Pay it” was the owner’s response. The CFO nodded in agreement. “Paying could be a violation of Federal law” stated the FBI representative. The CISO had a hard time getting words out,...

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Deciding when to raise your prices … and by how much

A price increase is sometimes unavoidable — and now might be one of those times as many businesses are dealing with cost increases, supply chain bottlenecks, and labor shortages. The key to implementing a price hike with minimal loss of customers is timing. It’s hard to be the first one in your industry to raise your prices. If others don’t follow suit, your business could be in the embarrassing position of having to...

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In the Great Resignation, ESOPs matter more

According to the US Bureau of Labor Statistics (BLS), 4.3 million Americans quit their jobs in August 2021. That’s 2.9% of the total non-farm workforce, the highest rate ever recorded by the BLS. For closely-held companies in search of retention solutions, employee stock ownership plans (ESOPs) could play a key role. What’s Driving the Great Resignation? This trend began in early 2021 and has accelerated since then. Delayed departures...

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Cybersecurity at the highest level

OPTIMA collaborates with LANCOM Systems to develop a novel VPN solution for machines The Optima Group from Schwaebisch Hall, Germany, has joined forces with cybersecurity specialist LANCOM Systems to develop a new type of VPN solution for machines and systems. As a result, it is now possible to establish an even more secure connection with the systems installed at the customer’s site and maintain them remotely. The solution,...

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The Plastic Tax would hurt the economy and the environment

There’s a lot buried in the multitrillion-dollar social spending package currently moving through Congress. One provision under consideration that has largely flown under the radar, is a massive tax that would increase the cost of everyday household goods by over 25% and threaten tens of thousands of manufacturing jobs across America. In the scramble to find “revenue raisers,” the REDUCE Act – introduced earlier this year by...

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