Securing Funding in a Rising Interest Rate Economy Carl Villella With interest rates on the rise, it’s important to consider working with funders who are not as quick to increase rates. You need a lender who will help you not squeeze you, in this economic climate or any climate. You need a company that will work with you to do the best they can for... Read More November 2022 Issue #14280 Page 82
Fourth Quarter Arrives with More Questions and Challenges Ahead Lesko Financial Services Team The markets and the economy still face a number of challenges from lingering inflation, ongoing Fed rate hikes, and geopolitical instability. This is playing out within a context of a stock market that has declined—recent gains the exception—even if it has already priced-in a lot of... Read More November 2022 Issue #14280 Page 94
Including Meaningful Process Improvement on Your Capital Investment Checklist Todd Drummond Time and time again, TDC has witnessed too many companies spending millions on capital investments to achieve marginal improvements while others spend far less and achieve spectacular results. It may feel obvious that adding a saw or auto-puck table will significantly enhance output, but the... Read More October 2022 Issue #14279 Page 24
Getting Started with CNC Automation Steve Shrader Ah, ‘tis the season. Sure, you traditionally hear that expression around wintertime, but we’re talking about a different season altogether: BCMC Season! Which means Shopping Season! It’s that season when CMs start to study automation and equipment that gains automation.... Read More October 2022 Issue #14279 Page 80
Added Value From Your Funding Source Carl Villella It’s important to explore your options when considering the financing of your business equipment. There are a number of financing companies out there, as well as local banks, and it’s likely that the rates and additional interest charges will differ. Do you go with the... Read More October 2022 Issue #14279 Page 86
Design Connections: Are We Selling Trusses or Lumber? Geordie Secord It is common for truss plants to be owned at least in part by a lumber yard. This relationship should, at least in theory, provide for a great business relationship. The lumber yard can focus on relationships with the builders, home owners, and developers knowing that they have a dedicated... Read More October 2022 Issue #14279 Page 98
Four Commonly Held Practices That Cause Companies to Lose Millions in Net Profits Todd Drummond These four commonly held practices within the component industry (wood truss and wall panels manufacturing) are actually causing millions in lost profits. None of these practices should be acceptable, and all are correctable. Is your company ready to make lean manufacturing continuous... Read More September 2022 Issue #14278 Page 24
Thirty Years of Helping Clients Like You Carl Villella We all recognize that to survive in business for thirty years is quite an accomplishment. This year, we celebrate our milestone 30th anniversary by reflecting on how we not only survived, but thrived, to make it to this point. Here’s how we did it: By earning your TRUST. While we... Read More September 2022 Issue #14278 Page 39
Here is What Happens When Continuous Improvement is More than a Slogan Todd Drummond As a change agent for lean manufacturing best practices, it is extremely satisfying when I see a company embrace best practices despite their challenges. Too often, it is stated, “we (I) cannot implement or do the suggested improvement practice because _____” from so many claiming to... Read More August 2022 Issue #14277 Page 22
How to Buy Now While Saving Working Capital Carl Villella Finance Your Purchase Instead of Placing a Lump Deposit The supply chain disruptions in the economy present one of the more difficult aspects facing clients in the current economic environment. Clients are waiting up to one year to receive equipment, when in the past they have only had to... Read More August 2022 Issue #14277 Page 37