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Employers are confronting hard choices on employment issues, including possible employee furloughs and layoffs. While making these difficult decisions, executives should consider the full range of options and available resources.
Companies are beginning to separate into three distinct strategic directions: Full survival mode, doing just okay and trying to hang on, and, for a few of them, seizing an opportunity with big potential rewards.
A new device for multi-manifold dies from Nordson Corp. that controls the layer thickness of costly capstock polymers enables manufacturers of vinyl siding, glazing, hot tub panels, and other sheet products to reduce raw material costs.
When I went camping as a child, we used to call gnats “no-see-ums” — too small to be seen, but they did bite. Which brings me to the no-see-ums inside an extruder, such as the thrust bearing: You can’t see it from the outside, but when it fails...
Do all that you can to retain your current employees. The cost of hiring and training when the economy rebounds is significant, certainly far greater than the cost of keeping your employees on the payroll for a couple of months.