FEATURE

Manufacturers, tariffs are eating into your profit margins and causing you operational headaches.  But on this episode we’ll talk about several things you can do to mitigate the damage.

Resources mentioned:

Import Genius
https://www.importgenius.com/

Trade Compliance Resource Hub
https://www.tradecomplianceresourcehub.com/ 

=====

NEWS ROUNDUP

1 – US manufacturing contracted again in April
https://www.reuters.com/business/world-at-work/us-weekly-jobless-claims-increase-more-than-expected-2025-05-01/

2 – Made in America Manufacturing Finance Act aims to give small manufacturers access to more capital
https://www.foxbusiness.com/politics/made-america-loan-cap-doubled-under-new-trump-backed-manufacturing-push

3 – Manufacturing Extension Partnership (MEP) program cuts reversed
https://www.manufacturing.net/laws-regulations/news/22938979/trump-administration-reverses-funding-cuts-for-program-that-supports-small-manufacturers

Email me at [email protected].

• Please give me feedback on the podcast.
• Please contact me for a free, comprehensive insurance policy analysis for your company.

Show web site: www.manufacturingmybusiness.com

FEATURE

Manufacturers, you’re facing rising material costs because of tariffs, which is creating real pressure on your profit margins.  Just like a few years ago when rapid inflation forced companies to examine pricing strategies, now particularly with makers of tangible goods it’s time to dust off the pricing playbook.

=====

NEWS ROUNDUP

1 – Manufacturers showed renewed optimism in April
https://chiefexecutive.net/april-ceo-poll-finds-growing-tariff-divide-among-u-s-manufacturers/

2 – The National Association of Manufacturers has submitted regulatory reform recommendations to federal agencies
https://nam.org/series/press-releases/

3 – Georgia Public Broadcasting launched a new podcast on the massive fire at BioLab facility in Conyers, Georgia
https://www.gpb.org/radio/program/manufacturing-danger-the-biolab-story 

Email me at [email protected].

• Please give me feedback on the podcast.
• Please contact me for a free, comprehensive insurance policy analysis for your company.

Show web site: www.manufacturingmybusiness.com

Join us for Illuminate 2025 on April 22!  Register here:  https://www.eventbrite.com/e/illuminate-spring-2025-tickets-1273764687469

----------

NEWS ROUNDUP

1 – Manufacturing Extension Partnerships face federal budget non-renewals

https://www.manufacturingdive.com/news/trump-administration-kills-funding-for-10-manufacturing-extension-partnership-programs/744816/

2 – Most manufacturing leaders say tariffs will harm their operations

https://www.industryweek.com/leadership/companies-executives/article/55280573/survey-more-than-60-of-firms-expect-double-digit-cost-increases-from-tariffs

3 – One Georgia bike maker is uncertain how tariffs will impact it

https://www.13wmaz.com/article/news/local/georgia-bike-makers-weigh-options-amid-tariff-talks/93-3f1a5d18-86c0-4587-89a4-ea03ba786ddd

4 – Flock Safety to open new facility in Georgia

https://www.cobbcounty.org/communications/news/flock-safety-opens-new-manufacturing-facility-cobb

Email me at [email protected].

• Please give me feedback on the podcast.
• Please contact me for a free, comprehensive insurance policy analysis for your company.

Show web site: www.manufacturingmybusiness.com