WELCOME!

Welcome to the "Manufacturing Matters"
November 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!

Fluid Imaging Technologies, Inc. in Scarborough, ME
Manufacturer of diagnostic equipment

Zootility Co. in Portland, ME

Laser cutting/engraving services

Carrier Welding & Fabrication LLC in Wilton, ME

Welding & fabrication

ON Semiconductor in South Portland, ME
Semiconductor manufacturing

MAMe's Annual Gala 2017 - THANK YOU!

October 25th, 2017 from 4:30PM-8:00PM
Italian Heritage Center
40 Westland Ave. Portland, ME


We hope everyone had a wonderful time this year! We would like to thank those that attended, anyone who had a hand in making this year's event possible, and Hub Norton Insurance for sponsoring the event.

Howe & Howe put on a great presentation and we all walked away wanting to ride the Ripsaw! Our upcoming tour at Geary's Brewing will be in support of Howe & Howe's Outdoors Again program in Waterboro, ME- click here for info!

We would love to hear your thoughts on the event in our survey HERE!

Want to get involved next year? Contact Zach Vincent at info@mainemfg.com or the MAMe office at 207-747-4406.

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

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

Pictured above: Northern Storm robotics team member working with Sen. Angus King to complete the challenge set up  on October 10th, 2017.

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

Thank you to all hosts, students, educators, Robotics Team members, and everyone else who helped make MFGDAY 2017 a success! We would also like to thank Pratt & Whitney and Lockheed Martin for setting up the F-35 Simulator at Pratt & Whitney's North Berwick location for over 60 students to attend and experience!

We had several companies host events statewide this year and we are still counting them up as more hosts reach out. To see pictures from the events, click the link below (still adding pictures). If you hosted this year, let us know how many attendees you hosted and how your event went!

PICTURES


It isn't too late to be involved in MFGDAY! We will be handling more tours throughout the year! 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.

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



L.L. Bean's Roland Cote addressing the group.

L.L. Bean Tour
Sponsored by
People's United Bank & Verrill Dana LLP
November 15, 2017

Thank you to our hosts L.L. Bean for their amazing tour and for the insight that they gave us on how their products are made! We would also like to thank the students, educators, and MAMe members that attended the tour to support manufacturing and learn more about L.L. Bean.

We would also like to recognize Bridgton Academy and Gorham Schools were in attendance to support manufacturing and brought a total of 20 students to join us on the tour!


Mainebiz Publication -
Making it in Maine 


MAMe's Media Partner, Mainebiz, has created the "Make it in Maine" publication for students, educators, and manufacturers with the purpose of highlighting the innovation, workforce, and best aspects of manufacturing companies in Maine.

The magazine can be found online HERE!

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/ 



Energy Corner


Did you know hydroelectric dams and biomass from wood products provide half of Maine's net electricity generation, the largest share from renewable sources in the eastern United States?

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 the first debt ceiling was established in 1917 and set at $11.5 billion?(According to the committee for a Responsible Federal Budget.)

Contact Al at 207-839-8233

Industry Corner


Michael Ptak, MBA, CFE – Tax Abilities, LLC

Pop Quiz #6:  If you want to mitigate the risk of loss, implement prevention and detection controls as countermeasures to the risk.  What is the best course of action?

Answer:  The most common approach is to have a rotation of duties for reconciling the bank/credit union accounts, deposits, and other accounting duties.

Highest risk scenario - having the same person open the mail, process the payments by either signing themselves or with an electronic signature of senior management, filling out the deposit slip, travelling to the bank/credit union and making the deposit, reconciling the deposit slips with the monthly statements, and updating the accounting systems. Throw in check writing authority for accounts payable plus payroll processing/check distribution and you have quite the challenge for a loss to be discovered by an organization. Cross training is essential and the rotation of duties should be on a regular basis (bi-weekly, monthly, etc.) and not only when staff are on vacation or out sick.

Rotating financial-related duties among staff sounds pretty easy, but is not without challenges for smaller organizations that might not have a budget for multiple employees with a sufficient accounting background.

Pop Quiz #7:   Are organizations that don’t implement a rotation of duties doomed?

Answer:  See the Thanksgiving edition of the Manufacturing Matters 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.



Steve Tenney, UBS Wealth Management

"A growing number of successful people have a strong urge to “pay it forward” by financially supporting causes and organizations that are near and dear to their hearts.

Many of you already make regular and sizable charitable contributions. And we know from research that one key reason successful people like you want to become even wealthier is to help other people increase their own success and advance in the world.

But have you gotten your family involved in philanthropy? If not, you could be missing a truly massive opportunity to teach your children and other loved ones about smart financial decision making and impart key financial values that can guide them throughout their lives."


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



Maine Technology Institute’s
Maine Technical Assets Fund 2.0


In June 2017, voters in Maine approved a bond to fund Maine businesses. Currently, $45M is available in Challenge Funds to Maine companies for infrastructure, equipment and technology upgrades for research development and commercialization.

Timing: Rolling application, accepted anytime between now and Dec. 31st 2017

The intent of the funds is for capital equipment or infrastructure projects that will lead to holding and gaining market share, increased revenues, expanded employment, and retention of jobs.

On October 2, MTI held a training session here at MAMe for our BGS network consultants to learn about the program and help companies with questions, application requirements and to provide technical assistance to companies once the company is approved for funding.

The BGS consultants who are trained include:

Name

Company

Email

Phone

John Dubois

Optimize, Inc.

johnd@optimizeincorporated.com

(207) 831 8638

Ed Kearney

Management Engineering

ekearney@gwi.net

(207) 838 4607

Mason Ide

Idea Development Expediters

mide@maine.rr.com

(207) 776 2092

Terry Johnson

Practical Decisions

terry@practicaldecisions.com

(207) 653 5150

Tove Rasmussen

Partners Creating Growth

Tove@PartnersCreatingGrowth.com

(207) 409 7576

 

Here is the link to the MTI Asset Fund web page for FAQ and other information.

https://www.mainetechnology.org/program/maine-technology-asset-fund-2-0/

You can call or email MAMe or any one of the BGS consultants to assist you going forward!




Upcoming Events!

JMQC MONTHLY TOURS

SPONSORED BY PEOPLE'S UNITED BANK & VERRILL DANA LLP


INDUSTRY MEMBERS ATTEND FOR FREE


Geary's Brewing Holiday Celebration!
Registration costs go to support
Outdoors Again in Waterboro, ME

December 14, 2017

38 Evergreen Dr. Portland, ME
REGISTRATION AND MORE INFORMATION


The Strainrite Companies
January 18, 2018

65 1st Flight Dr. Auburn, ME
REGISTRATION AND MORE INFORMATION

SAVE THE DATE

Starc Systems, February 15, 2018
Shaw & Tenney, April 12, 2018
Rubb Building Systems -
End of the Season BBQ, June 21, 2018




JMQC EVENTS

APICS Maine - Holiday Mixer
5:30-7:30PM December 5, 2017

Allagash Brewing in Portland, ME
REGISTRATION AND MORE INFORMATION

SME Maine Dirigo Chapter 26 - Annual Meeting
5:00-8:00PM December 12, 2017

Ri-Ra's in Portland, ME
REGISTRATION AND MORE INFORMATION



 
SEMINARS & TRAINING

NIST Cyber Security Training Seminars

December 1, 2017
MAMe Office - 101 McAlister Farm Rd. Portland, ME
REGISTRATION AND MORE INFORMATION


 

EVENT OF INTEREST

MEREDA Morning Menu Breakfast - Manufacturing in Maine
Lisa G. Martin of MAMe is presenting!
7:30AM-9:00AM November 30, 2017
Pepperell Mill Campus at 40 Main St. Biddeford, ME
MORE INFORMATION

SBANE - NAVSEA & NAVAIR SBIR Workshop
7:30AM-3:30PM December 5, 2017

Portsmouth Harbor Events & Conference Center in Portsmouth, NH
MORE INFORMATION

BIOME - Holiday Mixer
5:00PM-7:00PM December 12, 2017

Verrill Dana in Portland, ME

Institute for Family-Owned Business - Holiday Party - Let's Mingle & Jingle!
5:00PM-7:00PM December 13, 2017

The Portland Country Club in Falmouth, ME
MORE INFORMATION  


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

QUICK LINKS
*********************

Job Postings

Join MAMe

Contact Us!





Bristol Seafood

-Facility & Machine Maintenance Leadperson

Caron Engineering
-Service Technician

DeepWater Buoyancy, Inc.

-Designer/ Draftsperson/ Sales Support

Elmet Technologies
-Precision Machinist

General Dynamics-OTS

-NC Lathes #2

-OTS Inspector

Kennebec Technologies
-2nd Shift CNC Machinist

MaineGeneral Health
-Lean Specialist

Maine Maritime Academy

-Assistant Professor of Engineering

Northeast Laboratory Services
-Microbiology Analyst

Prescott Metal

-Shipper/Receiver

University of Maine Orono
-Large Center Development Associate

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