There are somewhere around 350,000 manufacturing companies in America, and 98% have less than 500 employees. Most of these small and midsize manufacturers (SMMs) are family-owned, and chances are, if you’re reading this article, you are an owner of
This week’s episode of MakingChips was all about the guys sharing their personal stories and insight on family business succession planning, but succession is not limited to family businesses. The truth is, every manufacturing business leader needs
Something we’re all proud of here at MakingChips is that each of us comes from a multi-generational, family-owned manufacturing business background. And just as those who have come before us took the time to teach and guide us in this business, at
Our goal with this three part post has been to inspire the next generation of manufacturing leaders to think beyond themselves as they build their business. The mission and vision of MakingChips isn’t to grow Carr Machine & Tool, sell more cutting
Never underestimate the power of finding a few good mentors.
There’s nothing the Metalworking Nation needs more than young entrepreneurial manufacturing talent. Yet, the overwhelming narrative in the media is the manufacturing industry’s desperate search for skilled workers.
No industry is free from factors of high stress, including the metalworking industry. According to a recent Forbes magazine article, workplace stress has risen nearly 20% in three decades, and most significantly over the past five years. In an
Hello, My name is Dietmar, and I’m a recovering workaholic.
If you are at least vaguely familiar with “Search Engine Optimization” (SEO) then you probably know it matters for sales and marketing. However, it’s rare for me to find another manufacturing leader that thinks about link building.
Your website is still your biggest lead generation asset, but don’t overlook implementing social media strategy to reach the metalworking nation.