Manufacturers & Distributors

Are You Ready for the Bonus Depreciation Withdrawal?

America’s bonus depreciation addiction is scheduled to end. It may not be “cold turkey” but all businesses need to review the pending changes and related tax and cash flow impacts, especially considering a potential business slow down and/or recession.

by Jim Biehl

Manufacturers: Secure Capital for Expansion

The MEDC is launching two new programs to give Michigan manufacturers access to capital through local banks. Learn how these programs can help with your growth efforts.

by Jim Biehl

What to Know About the CHIPS Act

On August 9, 2022, President Biden signed the CHIPS and Science Act of 2022 into law, providing more than $52 billion for American semiconductor research, development, and production. The CHIPS Act will provide funding over five years to build, expand or modernize domestic facilities and equipment for semiconductor fabrication, assembly, testing, advanced packing or research and development.

by Jim Biehl

Industry 4.0 Grants for Small Manufacturers

Have you considered implementing Industry 4.0 technologies such as automation at your manufacturing facility? The Michigan Economic Development Corporation is offering funding through its new industry 4.0 grant program for small manufacturers in Michigan. Check out the details and eligibility requirements here.

by Rob Cheyne

Women & Manufacturing: 3 Success Strategies

Competition for talent is heating up as job growth edges the country closer to full employment. Adding to conventional market pressures, fallout from the coronavirus pandemic is raising crucial questions about the future of work. Employers are having to rethink their assumptions about how to attract and retain an engaged workforce.

by Jim Biehl

Tech Innovations Driving M&D Industry Growth

Technologies like augmented reality (AR) are no longer just for games like Pokémon Go—businesses across almost every industry including manufacturing have found ways to increase their productivity with new technologies such as robotics, AR, virtual reality (VR), data visualization, and remote monitoring. While these kinds of innovations require an initial investment, they unquestionably pay off to increase ROI.

by Rob Cheyne

The Sound of Automation Podcast

Industrial automation businesses are the driving force behind Industry 4.0, and Clayton & McKervey is here to help.

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