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Batesville Steps up For Manufacturing Education
On June 9, PMA Chairman and CEO of Batesville Tool &
Die, Jody Fledderman, was featured on
Inside INdiana Business to discuss his company’s involvement in a
manufacturing education program in southeast Indiana.
Jody Fledderman PMA Chairman and CEO of Batesville Tool & Die
Batesville Tool & Die, along with the Batesville School
Corporation, IvyTech Community College, and three other local area businesses,
have teamed up to give high school students a chance to gain hands-on
experience in the modern manufacturing world.
Inside Indiana Business reported that, through the program,
freshmen and sophomore students can take elective courses featuring design and
manufacturing curriculums. After an application process, juniors can then enter
a 2-year program which allows them to gain college credit as well as access to
internship and shadowing opportunities. Happily, the piece indicated, the
program continues to grow each year. Next
Fall, more than 25 students will be a part of the curriculum.
Due to Indiana’s strength in manufacturing and demand for
skilled labor, Fledderman said the educational program will help to fill the
void in labor that has existed the past 10 to 15 years.
Importantly, Fledderman shared that one of the key
components of the program’s success is getting the students on-site to
physically experience the business and stimulate interest in the industry.
Fledderman explained that manufacturing businesses will continue
to need capable employees from the next generation who are excited about
entering the business and familiar with the latest technology to help the
industry progress. He views this program as a step for being able to accomplish
these goals both in Indiana as well as the United States as a whole.
To learn more, watch Fledderman’s interview with Inside
Indiana below, or visit the article here.
Guest Blogger Kelly Barner, Editor, Buyers Meeting Point Think globally, act locally. – Paul McCartney …except when to do so causes more harm than good. – Kelly Barner As consumers of goods and services, we are constantly bombarded with feel good messages about the companies we buy from. Green production, sustainability, and local sourcing: it is easy to take for granted that these programs are in everyone’s best interests. After all, why wouldn’t we want the companies we patronize to keep the bigger picture in mind and take every opportunity to do a little bit of good in the process of making a profit? Business to business operations have to take a different kind of approach to such initiatives as their immediate customers are usually more motivated by efficiency and innovation than socially-oriented programs. Procurement and purchasing professionals play a unique role in B2B local sourcing; we have to outline the pros and cons and help the rest of the company dec
President Trump announced via tweet on Monday that he was imposing tariffs on steel and aluminum imports from Brazil and Argentina due to both governments devaluating their currencies. These two countries previously had reached a deal with the Trump administration to avoid Section 232 steel and aluminum tariffs by agreeing to quotas. Both Argentina and Brazil were exempted from the 232 steel and aluminum tariffs in May 2018. The tariffs can’t be “restored” because the two countries were not subject to tariffs in the first place. The exemptions for both countries required Presidential Proclamations, and to change the quotas to tariffs would require new proclamations as tariffs can’t be re-imposed by a tweet. At this writing, we are still awaiting these proclamations. If the President does move forward with these tariffs, it would likely lead to an immediate legal challenge. A current U.S. Court of International Trade case (Transpacific Steel v U.S.) is focused on this exact issue of
On September 24, the Department of Labor (DOL) announced its final overtime exemption rule issued under the Fair Labor Standards Act, increasing the minimum salary threshold for workers to qualify for overtime pay when working more than 40 hours per week. By increasing the threshold for employers subject to the federal standard to $35,568, up from the current threshold of $23,660 set in 2004, the agency claims 1.3 million more American workers will be eligible for overtime pay. The DOL’s final rule, which goes into effect on January 1, 2020, includes: Increasing the minimum salary required for an employee to qualify for exemption from the currently enforced level of $455 to $684 per week ($35,568 annually); Increasing the total annual compensation requirement for “highly compensated employees” (HCE) from the currently enforced level of $100,000 to $107,432 per year; Allowing employers to use nondiscretionary bonuses and incentive payments (including commissions) that are paid