8 Ways to Improve Your Supplier Selection Process

May 30, 2023By: Art Thomas Many manufacturers have had to make significant changes in suppliers in recent years because of various disruptions. Small and medium-sized manufacturers are often resource-challenged and do not have supply chain specialists to focus on vetting suppliers. When it comes to suppliers, manufacturers often are more transactional than strategic, focusing on […]

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Industrial Manufacturing is still attractive to buyers in 2023

Industrial manufacturing deal volume declined in 2022 due to uncertainty from global economic and market influences. Rising cost of capital, inflation, geopolitical uncertainty, increased freight costs, and volatile raw material prices and availability is likely to continue to challenge M&A in 2023. As a result of these pressures, M&A activity for manufacturing companies has been […]

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Key Takeaways from Manufacturing Matters 2023

By Kevin Kane, President – Southeast Wisconsin Market, First Business Bank Coming away from the 25th Annual Manufacturing Matters Conference, there are many things to reflect on. To start, First Business Bank was grateful for the opportunity to again support WMEP Manufacturing Solutions as a Platinum sponsor. This year’s event saw record attendance of well […]

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Unique solutions for increasing manufacturing floor efficiency, exploiting growth opportunities and finding skilled employees

Manufacturing companies have faced unparalleled challenges over the past year, directly impacted by the COVID-19 pandemic.  Declines in production, forced shutdowns, staggered production schedules and reduced employment levels affected the momentum the industry was regaining since 2010.  Yet, deals are still getting done during these unprecedented times and at strong values.  Taureau Group recently advised […]

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Growth Markets are Critical to Your Success, Especially when the Economy Tanks

By Mark Coronna, Founder & CMO, The Practical CMO INTRODUCTION No one knows whether U.S. manufacturers will face a major recession, or a more moderate economic slowdown, in the next two years. The Federal Reserve cannot confidently project our economic performance over this period. ITR Economics, a private blue-chip company which makes its livelihood off […]

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Human leader vs. traditional boss: What’s the difference?

by Abe Turner | Manager, Brand Advancement This was originally published in the Insperity blog. Read the full blog here. Whether you’re a seasoned manager, recently promoted into a leadership role or you are responsible for an entire team of leaders, everyone should be asking the same question: How can I (or we) exercise more […]

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An innovative approach to getting automation right

WMEP helps Go Fast Manufacturing meet growing demand How can a company with proven marketplace demand and ambitious plans for growth achieve its goals in a tight labor market? Go Fast, a Wisconsin-based manufacturer of industry-leading pallet and sawmill equipment, knew automation was key. To help ensure success, Go Fast partnered with WMEP, the Wisconsin […]

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Automation, exporting hold the keys to continued growth

Support is available for manufacturers seeking to make smart use of automation and engage in strategic export expansion. By Katy Sinnott, WEDC Vice President of Global Trade and Investment As technology continues to transform manufacturing, the industry seems to be changing at an ever-increasing pace. Manufacturers must stay connected to innovation or risk getting left […]

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Go Fast Manufacturing First Company Selected for WEDC Automation Implementation Grant

WMEP’s AutomationAdvisor™ assessment a critical step in the process Imagine this scenario. You run a thriving, well-respected equipment manufacturing company. Sales are up, you’ve grown your production space and added new employees. You have ambitious growth goals and some good ideas of what it will take to meet them, including an increased reliance on in-house […]

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