To illustrate this situation, we will discuss the actual story of a small automotive repair and towing business. The business had a regional towing contract with AAA Auto Club, which gave the business top priority on all service calls.
In today’s rapidly changing environment, finding the right marketing message and taking the correct actions can be challenging. As a result of the pandemic, the world looks much different than it did at the beginning of 2020. Manufacturers are trying to mitigate COVID-19’s economic fallout, ensure employee and workplace safety and keep supply chains moving.
As many of you may recall, the Civil Rights Act of 1964 (CRA) implemented employment discrimination laws in the United States that have sought to protect virtually every individual from discrimination in the hiring and employment process.
Nucor Steel has an extensive special bar quality (SBQ) steel program that dates back to the conversion of its plants in South Carolina, Tennessee and Nebraska to handle the product decades ago. In 2002, the company purchased an idled plant in Tennessee that was dedicated to SBQ production.
A common concern with business loans is covenant compliance. Does my business loan have covenants? If so, what are the compliance requirements? Smaller loans under $100,000 may not require collateral and are usually free of any covenants. As businesses grow, however, so do their financing needs.
As we enter the new year, we often look forward to business growth potential and resolutions to improve our professional and personal lives. Perhaps this year, more than any other in recent memory, we anticipate a great amount of change that may improve our health, economy and social interactions. Part of this anticipation can include examining present legal trends that may affect your forge in 2021.
Pulse plasma offers significantly more precision in nitriding through the control of the mixture of gases, the controllability of glow-discharge intervals, the design of the pulsed signal and the use of a highly insulated hot-wall nitride furnace. Together with innovations in the design of the furnaces to streamline batch management in nitriding operations, forgers can benefit from dies with superior surface hardness, wear resistance, heat resistance and fatigue strength.
The forging industry has spent thousands of years adapting to changing environments in its mission to supply quality products to the industries it serves. In these more challenging financial environments, in which pensions are hard to come by and training new employees comes at such a high cost, it is apparent that we need to do more to retain good talent.
Check out the April 2021 issue of FORGE, featuring our cover story on the "Ovako's Vacuum Degassing Process Improves Forging-Steel Grades", "Back to the Future: Revisiting AM Predictions from 2012", "Viral Marketing during COVID-19", and much more.