Category Archives: Updates

Armistice Day’s 100th Anniversary

One hundred years ago this November 11th the “war to end all wars” came to an end.  The armistice treaty was signed by the Allies and Germany at Compiègne, France and the truce went into effect on Nov. 11, 1918, at the 11th hour of the 11th day of the 11th month. The U. S.

This Veterans Day Take a Moment to Remember the Sacrifices Made by the Greatest Generation

Our Bob Kosobucki is currently taking a three-month sabbatical in France attending a French immersion school. His passion is the French language and culture.  During his trip he has kept us abreast of his travels visiting historical sites by sending pictures and descriptions of what he has seen.  Recently he visited the peaceful beaches of

U.S. Manufacturing Edges Down in October

The Institute for Supply Management’s October PMI was down 2.1 points to 57.7 compared to September’s PMI of 59.8.  Although the number was slightly below analysts’ expectations, manufacturing still grew in October (a reading above 50 indicates expansion).  New Orders were down 4.4 points to 57.4, the lowest reading in 18 months, but still indicative

WNY Manufacturing Trending Above U.S.

The Institute of Supply Management – Buffalo’s PMI Index climbed to 81.6 in September from 73.1 in August, its fourth increase in the last five months.  The Buffalo area index topped the well-known national ISM index for the 17th time in the last 18 months, suggesting that manufacturing grew faster in our area than in

NYS Manufacturing Strength Continues

According to the Federal Reserve Bank of New York’s October Empire State Manufacturing Survey, business activity continued to expand causing their index to climb to 21.1, up 2.1 points from last month.  New Orders rose 6 points to 22.5, their highest level in a year, while Shipments jumped 12 points to 26.3.  At the same

HAPPY MANUFACTURING DAY!

Today is National Manufacturing Day when we recognize the important role that manufacturing plays in the American economy.  Nowhere is that more true than in WNY, where we have a proud legacy of manufacturing greatness that continues!  Our 66,600 direct manufacturing jobs account for one of every ten jobs in WNY and, indirectly, for three

INSIGHTS: FALL 2018 — PRESIDENT’S MESSAGE

By Ben Rand Manufacturers everywhere are talking about the risks posed by their inability to find qualified workers. Some are worried about new technologies disrupting their industries. Lately, many are talking about the risks of tariffs or a trade war. But there is a huge risk looming, not only in manufacturing but throughout the economy,

INSIGHTS: FALL 2018 — CASE STUDY: Safetec of America

COMPANY Founded in 1991, Safetec of America manufactures over-the-counter healthcare products for infection control, health safety and first aid. Its products are sold via private label agreements and under the Safetec brand name through distributors and contract packagers. SITUATION After experiencing significant sales growth as a result of an Insyte strategic marketing project three years

INSIGHTS: FALL 2018 — PROFILE: LISË STEWART

In this issue of Insights, we talk with Lisë Stewart, director of the Center for Family Business Excellence at EisnerAmper. For the past 34 years, Stewart has applied her background in organizational psychology and development to help private businesses across the country and around the world ready their companies for the next generation of leadership.

INSIGHTS: FALL 2018 — EFFECTIVE SUCCESSION PLANNING: 6 WAYS TO PLAN FOR SUCCESS

By Lisë Stewart Succession planning means planning for the long-term success of a business. It should be a process that engenders a strong and viable company, empowers and educates the next generation to take over, or prepares the business for sale to a qualified buyer. Focus on the things that will build an organization that