The goal of most businesses is to make money. Doing so is simple if you sell your offerings for more than it costs you to acquire, make or provide them.

Welcome to my inaugural column in Industrial Heating. I have long been listed as a contributing editor for IH, and I am happy and privileged to make my columnar debut. 

The United States and the European Union (EU) released a joint fact sheet on October 31 announcing terms of a tariff agreement completed between the two global economic powers.

In a business, every time a product (defined as a product or service or both) is delivered to a customer there is a cost for that product.

The United States and the European Union (EU) released a joint fact sheet on October 31 announcing terms of a tariff agreement completed between the two global economic powers. The agreement in-cludes terms specifying replacing the United States’ tariff with a rate quota on steel and aluminum im-ported from the EU. As a result, steel and aluminum imports from the EU will be limited to historically based quantities without being subject to a tariff prior to entering the U.S., according to a Commerce Department statement.

It has been a year and a half since the first warnings about COVID-19 forced the United States onto an economic path that defied precedent and experience.

Forge Fair 2021 will be upon us later this month, and it may be a good time to consider some regulations and rules regarding trade shows. Legal Ease touched on this very subject in 2019, concentrating on unscrupulous acts by competitors at and away from the trade-show floor.

As a business owner, you have limited options when seeking capital to start or grow your company. Essentially, there are three sources of cash: your own cash investment or that of other investors, your bank and cash from the daily operations of the company.

In late July 2021, an announcement was made by the U.K.’s Ministry of Defence (MoD) that it would launch an offer to acquire Sheffield Forgemasters International Limited (SFIL). The agreement was to allow the government to refinance and take control of the company to secure the supply of components critical to the military and security interests of the MoD, as well as to secure future defense programs.

As you’re well aware, FORGE publishes six issues a year – now digitally. And I’m sure you’ve visited our website, www.forgemag.com, on a regular basis for news and technical content. But do you know some of the other resources FORGE has to offer?