By Lisa Anderson The world faces economic headwinds. According to the Economist, Europe’s economy only grew at four percent this decade as compared with eight percent growth in the United States and is struggling with a triple shock of the energy crisis, surging Chinese imports and the threat of tariffs from the U.S. On the […]
Read MoreBy Phillip M. Perry High-interest rates and slower economic growth will put increasing pressure on business profits in 2024. The good news is that economists expect the Federal Reserve to lower inflation to desired levels by the end of the year. Robust housing activity, high employment and optimistic consumers will help the nation sidestep a […]
Read MoreBrush Machinery Perspective: Industry Leaders On The Impact of Inflation and Supply Chain Challenges By Bob Lawrence Part III in the Brushware Inflation Series covers the impact on the industry from the machinery supplier’s perspective. The brush machinery panel includes Maria Koehler, WOMA and WOMAtec and Matthias Peveling, Wöhler Brush Tech.
Read MoreBrush Supplier Perspective: Industry Leaders On The Impact of Inflation and Supply Chain Challenges By Bob Lawrence Part II in the Brushware Inflation Series covers the impact on the industry from the supplier perspective. The supplier panel includes Andrew McIlroy-Perlon/Hahl, David Kalisz-MFC, Dave Magner-Deco Products and Sofia Teles-Filkemp.
Read MoreThe 2022 Brushware November-December Machinery Showcase & Supplier/Manufacturer Spotlight issue is now available to all readers in digital edition format. This massive 84-page annual edition offers in-depth descriptions of all the top machines for the brush, broom, mop and roller industry along with detailed profiles highlighting available materials, products and services for the top […]
Read MoreBy Lisa Anderson Inflation continues to plague the world with escalating prices across a spectrum of products and services. The price of oil and gas has continued to rise and supply chain challenges persist, creating inflationary pressures across the board. Even though interest rates are rising, inflation isn’t yet getting under control. Thus, what are […]
Read MoreBy Phillip M. Perry Inflation is rising faster than any time in recent memory. Businesses must deal with rapid cost increases by managing cash flow efficiently and communicating effectively with customers and suppliers. The benefits of inventory reduction must be balanced against the need to maintain critical stock for top customers. Inflation has taken root. […]
Read MoreBy Lisa Anderson With record-breaking price increases and lack of material availability, manufacturers are experiencing increasing threats to profit margins and maintaining strong customer service. To add fuel to the fire, they are also now having to consider plans to prepare for a potential recession. It is becoming increasingly difficult to navigate these volatile times, […]
Read Morehttps://www.gordonbrush.com/videos/inflation-and-supply-chain-issues.mp4 Ken Rakusin, President and CEO, Gordon Brush Mfg. Co., Inc. was interviewed by reporter Renee Ing from Spectrum News 1 on how inflation and supply chain issues are affecting brush manufacturers. “Everything is backlogged because we are having trouble getting the material needed to make our brushes and something that used to cost […]
Read MoreBy Lisa Anderson According to the Wall Street Journal, consumer prices are the highest in 40 years. It certainly doesn’t seem to be letting up. In fact, with the Russia-Ukraine war, there will be continued inflationary pressure on products related to oil, gas, commodities and food at a minimum. Clients and colleagues are seeing record […]
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