EBeat: AMBA Monthly News

The AMBA EBeat is a periodic e-newsletter that broadcasts relevant and timely information to mold manufacturers and other industry professionals. Various areas of interest are addressed, including: 

  • AMBA-specific and industry-wide events
  • Available benchmarking surveys and publications
  • Workforce development opportunities, including such available resources as internal professional development, recruitment strategies and timely grant and scholarship details and deadlines
  • Advocacy updates and calls-to-action
  • Available partner resources

The EBeat is distributed every third Thursday of the month. Any industry, media, educational or other related professional is invited to join the EBeat distribution list. To be added, please email info@amba.org with your name, company and contact information.

Interested in advertising in the AMBA EBeat? Please visit here for more details.

July EBeat

Published July 23, 2020

R&D Tax Credit Survey in Progress

As mold builders and other industry professionals begin looking towards the end of the year, many are beginning to examine incentives that can be used to reduce overall income tax liability, including the R&D tax credit. 

  • Take one minute to complete this quick survey and gain access to industry benchmarks such as
  • The frequency with which this credit is claimed, correlated by company size and revenue
  • The types of qualifying claims (including continuous improvement and labor and material costs for new molds)
  • Amended tax return filings and IRS examination of those returns
  • Under-utilized tax incentive opportunities for mold manufacturers

All participating AMBA members and partners will receive free access to the final report; non-members will receive discounted access.

Deadline: July 31, 2020. Complete survey here.

Calling All 40-and-Under Emerging Leaders for Final Workshop Session

Join other emerging leaders and young professionals during the final session of the Network’s Virtual Ignition Workshop Series, “Leadership on Fire”, where Dr. Jim Cain will lead small groups through the  a harrowing tale that ties directly to important leadership and teamwork concepts. 
Attendees will walk away with several new insights, including:
•    The critical need to develop management and organizational excellence
•    The potential impact of neglecting process
and communication
•    The effect of technological ignorance on teams
and facilities
•    The benefit of regular team training 
•    The importance of critical thinking and
decision-making skills

Cost: $25. This is a members-only event.
Register here.

New Format Announced for Upcoming
Roundtable Discussions

Sales and Marketing – Peer-to-Peer Discussions
Tuesday, August 25 | 12PM EST

In August, AMBA will offer its next roundtable discussion on current sales and marketing challenges, including management of current and new customer relationships, continuing business use of new technologies and more. 

Although this roundtable discussion will be similar to AMBA’s past peer networking discussions and will be driven by attendee questions, participants will experience a new, small group-oriented format, followed by a larger group discussion. Register for the session here.

Roundtable Discussion – Embracing the Challenges of “Now”
Wednesday, September 9 | 12PM EST

Just like today's environment, business conditions and expectations are changing minute-by-minute. Despite the constant chaos, however, today's leaders can be sure of one thing - those who embrace the challenges before them have the unique opportunity to survive and even to thrive.
Join other industry professionals for a roundtable discussion on how they're embracing and conquering the challenges of "now". Register for the session here.

New Pulse Data Available 

In addition to trending data on the state of the mold building industry, AMBA’s most recent pulse survey included a series of new questions, including:

  • Employee status related to EFMLA use 
  • Operating cash on hand
  • The reshoring of projects and their origin
  • Top legislative priorities identified by mold builders 

To view the results of the Pulse survey from last week and other collection periods, click here.

Environmental, Health and Safety Summit
Goes Virtual
November 11, 2020 – November 12, 2020

The Environmental, Health and Safety (EHS) Summit is designed to share best leadership and safety practices with industry professionals. This one-of-a-kind virtual learning and networking conference will unite manufacturing executives from across the United States to learn best practices in environment, health and safety. This summit will provide high-level safety professionals with implementable ideas and leadership guidance they can take back to their facilities to improve their operations and achieve world-class safety. Register here.

PCS Company Launches New Website

PCS Company (Fraser, MI), industry leader in mold bases, mold components, molding supplies, hot runner systems and cutting tools, recently announced its launch of a new website. Now enabled with faster load times, a new blog with industry expert information, live product features and more, the new website offers a friendlier user experience complete with convenient ordering options and enhanced online account access. To learn more, visit www.pcs-company.com.

Harbour Results Expands Team with Manufacturing, Research Experts

Harbour Results, Inc. (Southfield, MI), a leading consulting firm for manufacturers, has expanded its team of experts to address the increased need for strategic and operational improvements among manufacturers due to the COVID-19 crisis. The company has added seasoned experts Jason Brewer and Brian Gillespie as directors in its consulting team, as well as research specialist Matt Trentacosta, to continue to build its Harbour IQ solution. In addition to growing its staff, HRI recently launched its updated website (harbourresults.com) for small- to medium-sized manufacturers. The site provides information on HRI’s experience, knowledge and consultative solutions. To learn more, visit www.harbourresults.com.  

This month's EBeat is supported by the following advertisers: