WELCOME!

Welcome to the "Manufacturing Matters"
August 2017 e-newsletter!




Please send company news to
info@mainemfg.com. Enjoy!

Membership is Key 
to our success in growing manufacturing in Maine!


Click for Membership Application

Look Who Joined MAMe!

Broadreach Public Relations in Portland, ME
Public relations and marketing

Tony Jessen - UBS in Portland, ME
Financial services

JC Stone in Jefferson, ME
Natural stone manufacturer, granite quarrier

Northeast Technical Institute in Scarborough, ME
Technical and career school


The Blue Crew robotics team from Mt. Blue HS in Farmington, ME
with Pratt & Whitney golf team members.


28th Annual Scholarship
Golf Tournament - Thank You!

We had a great time this year! We wanted to say thank you to Peoples United Bank for sponsoring, all those who played, contributed, and took part in planning the tournament this year! We hope to see you all again next summer.

Want to see more of the photos taken at the event? CLICK HERE

SCORING RESULTS

Flight A - Northeast Laboratory Services - 58
Flight B - Montalvo - 60
Flight C - Yarde Metal - 60

Highest Score - Unifirst - 77

Men's Closest to the pin - Reggie Gammon - 8'9"
Women's Closest to the pin -  No Winner

Men's Long Drive: Drew Niles
Women's Long Drive: Carol Stratos

If you'd like to see what else MAMe has in store, check out our events
page at www.mainemfg.com/events/ 


Mainebiz Publication -
Making it in Maine 


MAMe's Media Partner, Mainebiz, has begun the search for manufacturers who would like to be featured in their new publication- Making it in Maine. This publication will be made for students, educators, and manufacturers with the purpose of highlighting the innovation, workforce, and best aspects of manufacturing companies in Maine.

Contact Donna Brassard, Publisher at Mainebiz, to become involved!
dbrassard@mainebiz.biz

To take advantage of our new Mainebiz subscription for members only, click the link below!

MAINEBIZ
 SUBSCRIPTION

Want to get involved this year? Interested in sponsoring an event? Contact Zach Vincent at info@mainemfg.com or the MAMe office at 207-747-4406.

If you'd like to see what else MAMe has in store, check out our events
page at www.mainemfg.com/events/ 



BGS 
(Business Growth Services)


 



Everyday companies are faced with new challenges. Endless issues and needs arise that companies may not have the time and/or internal resources to manage and solve.

Business Services assists companies to address business viability, operational processes and procedures and employment challenges that are critical to generating business growth and sustainability.

Request More Information:
All network engagements are designed to fit a company's specific needs. Please contact info@mainemfg.com to tailor a solution to fit your needs using our extensive Business Growth Services network.   

MEMBER NEWS


Sterling is the First US Rope Manufacturer to Debut UIAA Water Repellent Climbing Ropes


Biddeford, ME
Sterling Rope Company Inc. adds to a history of innovation firsts on the eve of its 25th Anniversary (2018). Amongst these firsts, Sterling was the first to develop a 100% polyester static rope and to use heat resistant fibers in fire escape ropes for FDNY. Sterling has again set the standard for performance, handling and durability with their new DryXP ropes, featuring a new dry treatment for their dynamic lines, a US-manufacturing first. Sterling’s new DryXP ropes are not only UIAA certified, but they also exceed their stringent standards for water absorption.

 

DryXP ropes offer the following:

         Certified to the UIAA Water Repellent standard of less than 5% water absorption.

         Feature an environmentally-friendly, nano-particle coating that’s applied to the entire rope.

         Available standard on the Fusion Photon and Nano IX and is an optional treatment on the Evolution Helix, Velocity and Duetto.

         Available for purchase in store as of July 1st and online July 18th.

 

With extensive in-field testing and feedback, Sterling engineers utilize this special technology to protect ropes and to ensure they perform well in all conditions.

“Sterling’s DryXP has exceeded my expectations with rigorous abuse of the Nano IX DryXP,” says Angela Hawse, Sterling Team member and IFMGA/AMGA Guide. “I’ve tested it from ski mountaineering on the Antarctic Peninsular to climbing ice and alpine rock routes high in the Rockies. While dragging it across glaciers and testing it on wet ice climbs it has shed moisture like a freshly waxed car. Even on rough desert sandstone this spring it has withstood considerable abrasion, shown little wear and retained its solid hand after considerable use. The tighter sheath of the Nano IX combined with the new DryXP treatment is a winning combination. Yet another innovative Sterling solution to help me focus on the objective, not my rope.”

 

Sterling will release an expanded line of DryXP ropes in more diameters and colors by January, 2018. To learn more about the treatment, availability or available lengths and colors, please visit SterlingRope.com. For questions or sales inquiries please contact 1-800-788-ROPE or email climb@sterlingrope.com



Dream It. Do It.
Maine Manufacturing Day
October 5th, 2017

MAMe's MFGDAY is underway!  We have several companies already signed on to host in 2017. Contact MAMe if  you are interested in supporting Manufacturing Day efforts by hosting a tour for students/educators, contributing to our transportation offset fund, or visiting a classroom near you.


CLICK HERE TO REGISTER OR SHOW INTEREST


For more information, contact Marion Sprague at marion@mainemfg.com or at 207-747-4406.


HIRE-A-VET CAMPAIGN 2017

Support for Maine Employers to Include:

  • Network of veterans support service agencies working for you.
  • Advanced Military Culture 201 training.
  • Assistance with recruiting, hiring and retention of veterans and military families.
  • No-cost job postings on Maine JobLink and LiveandWorkinMaine.com

Contact: Steven Roy, Campaign Coordinator, tel: 207-624-5156, TTY users call Maine Relay 711, email: MaineHireAVet.DOL@maine.gov



Energy Corner


Did you know a single light bulb that has earned the ENERGY STAR can save, on average, between $30 and $80 in electricity costs over its lifetime? Because many CFLs exceed 10,000, manufacturers may accurately assert higher savings for their specific product.

This quarter's Competitive Intelligence Update

MAMe members can manage their energy strategy in new and powerful ways with Constellation's full range of integrated energy solutions. Visit energy.constellation.com/MAMe.



Al Tarkinson with Edward Jones, is a Manufacturers Association Member and Financial Advisor for the Manufacturers Association of Maine Scholarship Fund.

Al became the Financial Advisor for the education fund, which provides scholarships to students in Maine, in 2013.

Did you know that legendary investor Warren Buffett bought a 40-acre farm at age 14 with $1,200 in savings from delivering newspaper?

Contact Al at 207-839-8233

Industry Corner

Steve Tenney, UBS Wealth Management

"Business owners know that once they sell their business, they'll likely need to share the proceeds with the government in the form of taxes. When that sale is still a long way off, however, it can be tempting to delay planning around any future liability. But the sooner you start planning, the more flexibility you'll have in your strategy options, and the better chance you'll have to achieve your long-term goals for your family and your business."

Click here to read the full article by Steve Tenney at UBS Financial Services!




Michael Ptak, MBA, CFE – Tax Abilities, LLC

Pop Quiz from July 2017 Manufacturing Matters Newsletter:

True or False - Hiring employees with a higher level of education, training and experience with finances dramatically decreases the potential for asset misappropriation because they know the proper accounting procedures.

Answer:

OK, this one should be super easy because you always try to hire the best.  Raise your hand with me if you answered “True”.  Is that everybody yet?  Darn it, we are all wrong!  Regardless of your education, training and experience – the potential for asset misappropriation exists if you have someone with a perceived pressure and the mere opportunity to commit a fraudulent act that can be rationalized. 

Scenario #1:

A highly trained individual is tasked with handling all organizational monies (cash, checks and online credit card numbers), including preparing the bank deposits, reconciling the monthly bank statements, and preparing financial statements.  Now add on top of that list the Account Payable function for one person. 

This scenario routinely tops the experts list of an organizations biggest vulnerability to asset misappropriation.  It does not guarantee that the individual will at some point run off with all of the money, but the lack of having separation of duties surrounding the accounting functions is a giant inherent risk for every organization.

Pop Quiz #4:  What is the first thing you do when Bernie Madoff applies to your Controller opening?

Answer:  Please wait for the September Newsletter!

Tax Abilities, LLC is a Maine company in their 18th year consulting with clients on issues of sales, fuel, property and excise taxes.  Co-founders Michael and Lisa Ptak spent more than 20 years combined at Maine Revenue Services as front line auditors and Managers of the Fuel and Sales Tax Audit Divisions.  There are no hourly fees for discovery of overpayments, and they leave income tax issues to the CPA firms.  Please visit their website www.taxabilitiesllc.com for additional information and contact them at mike@taxabilitiesllc.com, lisa@taxabilitiesllc.com or (207) 784-9265 to reduce your tax burden.




Upcoming Events!

REGISTER TODAY!
 
 
Washburn & Doughty Associates Inc.
September 28, 2017

7 Enterprise St. East Boothbay, ME
MORE DETAILS AND REGISTRATION SOON


Maine Manufacturing Day
October 5, 2017

Statewide Events
MORE DETAILS

2017 Annual Meeting
4PM-8PM October 26th, 2017

REGISTRATION AND MORE INFORMATION



 

EVENT OF INTEREST

Maine's Hire-a-Vet Campaign 2017 Kick-Off & Hiring Fair
August 29, 2017

179 Western Ave. Augusta, ME
MORE INFORMATION

Meet Your Future in Maine: A Discussion on Healthcare Advocacy
September 21, 2017
278 Whites Bridge Rd. Standish, ME
MORE INFORMATION

Bioscience Association of Maine Annual Conference 2017
October 6, 2017

University of New England in Portland, ME 04103
MORE INFORMATION

New York Automation & Robotics Conference
October 23, 2017

Hilton Garden Inn, 235 Hoosick St. Troy, NY 12180
MORE INFORMATION

 


The Manufacturers Association of Maine
207-747-4406 info@mainemfg.com 
www.mainemfg.com

QUICK LINKS
*********************

Job Postings

Join MAMe

Contact Us!





DeepWater Buoyancy, Inc.
-Sales Engineer

Elmet Technologies
-Precision Machinist


General Dynamics-OTS
-Cut Off Saw Operator

-Grinder Cylindrical #2

-NC Lathes #2

-Power Plant Engineer #2

-Tooling Engineer/Supervisor

-OTS Inspector

-Operations Program Manager

-Repair & Refurbishment Assembler Tech

Hallett Canvas and Sales
-Sewer

Knox Machine
-Second Shift QC Inspector

-Tool Manager/Programmer

-CNC/Conventional Machinists

McCann Fabrication
-Welder/Fabricator

Prescott Metal
-Shipper/Receiver

Washburn & Doughty
-Ship Fitter

-Marine Electrician


Did you know the 3 major goals of the Manufacturers of Maine Group Trust are to help support a strong loss prevention program, reduce worker’s compensation rates and return surplus funds to the Members?


The Manufacturers Association of Maine and the Manufacturers of Maine Workers’ Compensation Group Trust formed a partnership in 2007 to operate in cooperation with each other to the mutual benefit of their members and the general manufacturing community in Maine.

The Manufacturers of Maine Group Trust was formed in 1993. Its membership includes 21 Maine based manufacturers. The group trust provides workers’ compensation coverage to its members.
Since 1993, the Group Trust has returned just over $9 million dollars of surplus insurance premiums to its members.

Click Here to learn more about how our aggressive safety and claims management programs can put you in control of your workers’ compensation costs, or please contact Zoie Leavitt at zleavitt@crossagency.com or 1-800-698-3267 ext.1013



GET ANSWERS ON HEALTHCARE REFORM

Receive 2 hours of attorney consultations about healthcare reform from LegalShield.

If you have 10 or more employees already enrolled in a LegalShield plan by the end of the year, you are eligible.

My company already offers LegalShield as an employee benefit -
Click Here
My company wants to offer LegalShield as an employee benefit - Click Here

Contact: Nola Fennessy
(207) 776-0302
nolafennessy@legalshieldassociate.com

Secure predictable electricity rates with Constellation’s Fixed Price Solution.

As a small to medium sized manufacturer, your eye is always on the bottom line. You need competitive electric rates from a supplier you can count on. Constellation is that supplier. Constellation is the exclusive energy providers for MAMe members.

Click here to see your executive director, Lisa G. Martin, talk about why Constellation is MAMe's exclusive energy provider.

Contact: Craig Brazell
craig.brazell@constellation.com
(617) 512-9939