A lot of people don’t realize just how many different factors go into determining financing rates related to items like printing presses, vertical mills, industrial planers and other types of commercial industrial equipment. The business and owner’s/guarantor’s credit score plays a role in determining your rates, yes – but that’s just one small part of […]
Adopt Sustainable Manufacturing Practices To Drive Profits
It’s a common misconception to think that profitability will be higher when environmental concerns are minimized. In fact, in 2010, The World Economic Forum and Boston Consulting Group joined forces to identify and compare companies with the most effective sustainability practices, ranging from $25M to over $5B valuation. What they found from their study of […]
3 Simple Steps To Improving Your Business Credit
Your business has strong cash flow, a strong balance sheet, and strong contracts from customers ensuring a solid future, do you still need to worry about establishing and maintaining good business credit? In short, yes. Credit is used for more than simply applying for a loan or credit line, many vendors and prospective customers in a […]
Aspiring To Be A Leading Manufacturer? Uptime Is Key
We all know that in manufacturing, when the machines aren’t running they’re not making money. We spend a healthy portion of human resource time on selling our services and products to fill the shifts, and another portion on repairing and maintaining equipment. Wouldn’t it be great to spend less time fixing and more time running […]
How IoT is Shaping the Industrial Equipment Market
For decades we’ve seen incremental innovations and improvements to manufacturing and machining equipment creating higher precision, faster production, and increased reliability. This is anticipated progress. What wasn’t expected was the disruptor of Internet of Things (IoT) becoming a reality and promising a leap forward in manufacturing efficiency and cost-effective maintenance. What is Internet of Things? Internet of Things, […]