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Your taxes at work
March 1, 2015 | Business, Management
The Tax Increase Prevention Act of 2014.
The passage of the Tax Increase Prevention Act of 2014 late last year retroactively extended 54 tax breaks—but only for the 2014 tax year. The so-called “tax extenders” law opens the door for specialty fabric professionals to claim many of these popula…
Good better best
March 1, 2015 | Feature, Management, Perspective
Charles Webster uses lean techniques to continuously improve production and efficiency. What we try to do better than other companies is give our customers more than they ask for, sooner than they expect it, in higher quality than they’re used to,” says Charles Webster, president and CEO of DOWC…
State of the Industry 2015: Part 2
March 1, 2015 | Feature, Management
It was a year of respectable growth in the specialty fabrics industry and hope for an even better future, grounded in promising statistics. IFAI surveys specialty fabrics industry end product manufacturers (EPMs) once a year to learn how they are doing and what they anticipate for the future. All bu…
Your taxes at work
March 1, 2015 | Management
The Tax Increase Prevention Act of 2014. The passage of the Tax Increase Prevention Act of 2014 late last year retroactively extended 54 tax breaks—but only for the 2014 tax year. The so-called “tax extenders” law opens the door for specialty fabric professionals to claim many of these popular…
The value of collaboration
March 1, 2015 | Awnings & Shades, Management
Turning today’s students into tomorrow’s engaged and educated industry professionals. While textile students are the future designers and manufacturers for the textile industry, students in areas such as architecture and product and graphic design are our future textile specifiers. Multi-discipl…
Stress fractures
February 1, 2015 | Management
Don’t let workplace stress undermine your operations. Fortunately, headline-making instances of deadly violence are a rare consequence of workplace stress. More often, it simmers just beneath the surface, eating away at morale, productivity and profits. And if you think that workplace stress doesn…
Succession planning
February 1, 2015 | Feature, Management
From a financial standpoint, selling or transferring your business requires setting and communicating a clear set of goals and procedures to avoid risk and possible conflict. Sooner or later, everyone thinks about retirement. For those who own a closely-held or family textile products business, reti…
Trendsetter
February 1, 2015 | Feature, Management, Perspective
Vern Schaefer is what is known as an “early adopter,” trying new equipment as soon as it’s available. As he transitions company leadership to his daughter, he’s still setting trends. “I don’t believe in being locked into one way of doing things,” says Vernon Schaefer, MFC, CEO of G…
Using agents overseas
February 1, 2015 | Marketing
Before your agent can sell for you, sell your company and your products to your agent. If you are a small or midsize company that sees opportunities in foreign markets, the first and in many ways the most important step will be to find an agent or representative who works in the part of the ……