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Home » Topics » Commentary

Commentary
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Read our Editorial and Legal Ease columns for commentary on the forging industry and legal matters.

Topics

Editor's Page

Editor Dean Peters’ monthly commentary on the forging industry.

Forge and Finance

This column is dedicated to the financial issues facing forging businesses. It provides guidance on financial matters to those who may not have a dedicated CFO on staff and additional financial insight to those who do.

Legal Ease

Legal Ease is a new column covering forging and the law. Look for more Legal Ease articles in future issues.

Public Policy Watch

Read the archives of this periodic report about the Forging Industry Association’s efforts to inform members of Congress and government regulators about issues of concern to the forging industry.

FIERF Forum

An archived series from the Forging Industry Educational and Research Foundation (FIERF), a supporting organization to FIA whose mission is to assist the forging industry through technical education, research & development.

ARTICLES

exit planning graphic

Why Exit Planning is a Good Strategy

Dean M. Peters
Dean M. Peters
June 9, 2023
No Comments

Every business owner will eventually transition, whether it is on his/her own terms and timing or being forced to transition because of something unexpected or outside the business owner’s control.


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chat GPT AI

Artificially Intelligent, or Intelligently Artificial?

Dean M. Peters
Dean M. Peters
June 2, 2023
No Comments

For years, we in the U.S. and in other developed nations have been hearing about artificial intelligence (AI) and how AI technology was advancing.


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convention center

Forge Fair 2023 Has Plenty to Offer

Bill Mayer
Bill Mayer
April 14, 2023
No Comments

Held May 23-25 at Huntington Convention Center in Cleveland, Ohio, Forge Fair 2023 – hosted by the Forging Industry Association (FIA) – is North America’s largest event dedicated exclusively to the forging industry.


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Pyramid
Forge and Finance

3 Financial Problems to Derail Business Owners

1219FORGE-forgefinance-head
Peter Geise
April 7, 2023
No Comments

While growing your sales revenue is important and usually the focus of most business owners, building a solid foundation of processes contributing to your business’ health is essential to scale and build enterprise value, which is the ultimate goal.


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factory
Forge and Finance

How to Fire Yourself

Darren Cherry
February 6, 2023
No Comments

You’re irreplaceable, indispensable and unique. You’re also one of the most stressful parts of your business. As the owner, you make all the critical decisions and bear all the risks. Here are some helpful tips for reducing your business’ dependence on yourself so it remains healthy and sustainable even in times of duress. 


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Hydrogen
Editor's Page

Gen Hydro

February 3, 2023
No Comments

Are we in the early stages of an emerging and viable hydrogen economy?


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work station
FORGE AND FINANCE

Hands-on Guide to Cost Modeling

Todd Peter
October 6, 2022
No Comments

In previous articles in this series, the key concepts and structures of developing a cost model were discussed. Important ideas to review are granularity, processes, level and special process cases.


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pentagon
Editorial

Supply Chains and National Security

Dean M. Peters
Dean M. Peters
October 3, 2022
No Comments

Supply chains and logistics are an integral and important part of a successful manufacturing operation. They have always been so, but with the advent of the COVID-19 virus and its having shut down the world’s economy for a time during a period of global quarantine, supply-chain issues have since taken center stage for consumers and manufacturers alike.



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steel pour
Forge & Finance

Practical Costing Situations and Concepts: 4 Cases

Todd Peter
June 7, 2022
No Comments

You are ready to begin building your cost model, or perhaps you are in the process of electing/upgrading your ERP software and want to plan through how it will support your cost model. 


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usa
Editorial

Buying American is Good Business … and Politically Unifying

Made in the USA
Dean M. Peters
Dean M. Peters
June 3, 2022
No Comments

Yesterday I bought a simple, gas-powered Craftsman lawnmower with a Briggs & Stratton engine. It wasn’t very fancy, it wasn’t self-propelled and it didn’t have a lot of “bells and whistles.” It did, however, happen to be exactly what I wanted – a basic workhorse lawnmower to cut grass at my daughter’s rental property.


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