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Manufacturers have used transportation management systems (TMSs) for nearly 15 years. The good news is that these supply-chain-management software systems have evolved and improved. Learn about these improvements by reading more
Manufacturers know that cargo insurance is vital when it comes to moving valuable products and machinery, yet many have found that their coverage isn’t sufficient, leaving them with lost or damaged goods and little compensation. Read this article to learn how to cope.
Newsletter
Here’s a brief glance at what you’ll find in the Summer 2010 Issue…
In this fragile economic environment, several companies have been able to take advantage of too-good-to-pass-up deals in which they acquire weaker competitors that have fallen behind. Before jumping into any acquisition, however, it’s important to build a solid integration plan, and to take into account recent Financial Accounting Standards Board guidelines that affect the M&A accounting process. A sidebar to this article forecasts M&A activity.
The economy may be recovering, but some businesses may require additional financing to keep operations running. Three important options are asset-based financing, mezzanine financing, and Small Business Administration loans. This article explores some of the details of each.
The cost of a recall — including the time and money spent tracking down recalled products, issuing news of the recall, and refunding customers or fixing the problem — is just the beginning. Even when recalls are handled well, damage to a company’s reputation and brand can last for months or even years, resulting in decreased sales and profits. This short article provides tips on how to avoid recalls, and how to handle them if they occur.
Manufacturers are increasingly involving senior financial executives and outside financial advisors in their site-selection and relocation plans. The reason? Executives realize that facility relocation and expansion must be as heavily scrutinized as other capital expenditures. Factors such as the price and availability of labor, taxes and financial incentives associated with the new location can either benefit a bottom line — or wreak havoc on it.
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Articles
Massachusetts Manufacturing Classification
All tangible personal property situated in Massachusetts is taxable unless expressly exempt. A Corporation’s manufacturing equipment is exempt from personal property assessment as long as the Corporation has been classified as a Manufacturing Corporation by the Massachusetts Department of Revenue. In order to receive this manufacturing classification for 2010, the Corporation must apply for manufacturing classification with the Department of Revenue on Form 355Q (Statement Relating to Manufacturing Activities) on or before January 31, 2010.
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