As part of the stimulus package to help offset the financial damage inflicted on businesses as a result of the COVID-19 crisis, Congress restored the ability of businesses that suffer a loss to carry those losses back and recover taxes paid in prior years. The limitation on business interest deductions has also been relaxed, …
Technological innovations are having an explosive impact in
the manufacturing sector. A recent article from Industry Week makes some
predictions for the direction of manufacturing technology in 2020.
Additive Manufacturing (AM) – This refers to
technology such as 3D printing, where materials are joined together, usually
layer by layer, to create new objects. Advances in this area have made …
The value of the Industry 4.0 market is predicted to exceed
$150 billion within the next five years—so what do you need to know about it? A
recent article from Industrial Machinery Digest offers an overview of
the technologies it includes.
5G Connectivity – This is the fastest and most
reliable wireless network to date. Applications of 5G technology …
What does this year hold for the manufacturing industry? A
recent article from Manufacturing Business Technology makes three key
predictions about what will impact the industry most in 2020.
5G-Connected Manufacturing Devices – The
incidence of 5G connectivity between manufacturing devices is predicted to
skyrocket in 2020. This type of connection is lightning fast and able to manage
large amounts …
Family business isn’t the same as it used to be. In the
past, the most common model was for a family to focus on one business together.
These days, families are more likely to branch out beyond their legacy
business, working together to support one another in new ventures. A recent
article for Industry Week examines what it …
