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 Feature Industry Articles 
Tuesday, January 07 2020
Economic Trends in the Plastics and Related Industries

By Jim Damicis, Senior Vice President, Camoin 310

Stop. Look around you. Somewhere very near you right now is plastic. It could be a piece in your computer or phone, on your desk or chair, or within your flooring.  Simply said, plastic is part of the many products we see and use every day and therefore critical to our economy.

In this article we examine plastics and plastic-related industries. First, we provide an overview of key economic performance data and trends for the industries and examine how plastics connects with and impact other industries through supply chains. We then present key factors that impact growth and investment in plastics.  Finally using a case example in Northwest Pennsylvania, we provide guidance to business and economic developers on how they can support and attract investment, businesses, and employment in their region.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 11:39 am   |  Permalink   |  Email
Tuesday, January 07 2020
The Ideal Location? Options Vastly Vary for Medical Device Manufacturers

By Mark R. Smith, Contributing Writer

For medical device manufacturers, deciding where to locate may be relatively easy. Or it may be require an especially deep dive into the worlds of workforce, access, suppliers and tax breaks.

Or it could be somewhere in between; generally speaking, they might locate just about anywhere. They could mean nestling nicely within a sparsely populated rural county with interstate or port access; or perhaps settling within a dynamic cluster in a region where the companies and other entities feed off of each other.

For a lower tech operation, that can simply mean locating where it can easily obtain basic materials, like wood or plastic, for low cost; another firm may make acutely refined high tech devices and need to locate near the company’s research and development facility or a major medical center. Then comes the angle of what state tax advantages may be available.

In the end, figuring out why exactly where in the U.S. one of the 6,500 medical device manufacturers sets up shop in a $380 billion industry (both figures according to www.lifechanginginnovation.org) can be a fascinating aspect of a complicated yet, sometimes not sector of the manufacturing industry.  

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 11:25 am   |  Permalink   |  Email
Tuesday, January 07 2020
The State of Logistics Management

By Adam Robinson, Director of Marketing & Digital Marketing Consultant at Cerasis

With advancing demands of consumers and the steady growth of eCommerce, shippers and carriers are working to build better relationships and optimize operations. Unfortunately, the modern supply chain remains brittle, subject to the slightest of changes that could spell its doom.

While that paints a dire picture, supply chain leaders have another option; they can turn to tactical logistics management and develop responsive, adaptive processes. Of course, tactical logistics management is difficult at best, so let’s take a closer look at its challenges and opportunities.  

With that in mind, shippers need to understand the problems arising within the industry, particularly increasing demand and strained capacity, as well as why tactical management holds the answer.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 10:39 am   |  Permalink   |  Email
Tuesday, January 07 2020
Don't Shrug It Off

By Michael D. White, author and freelance writer

Cyberattacks have become an almost daily occurrence affecting a broad spectrum of businesses and industries from healthcare and finance to aerospace and manufacturing with threats such as so-called phishing and malware attacks serving as the weapon-of-choice for cyber criminals seeking access to steal and misuse valuable and sensitive data. Merely having a presence online potentially puts a ‘welcome’ sign in your shop window for those who are up to no good.

In fact, according to the U.S. Cybersecurity and Infrastructure Security Agency, while it takes an average of $2.4 million and 50 days to repair a cyberattack for a large company, a small or medium-sized business could, quite literally, with costs of repair topping $200,000 and an equal amount of time, be wiped out.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 10:03 am   |  Permalink   |  Email
Tuesday, January 07 2020
Increasing the Economy by an Average of $32.5 Million Per Data Center

A data center is a secure facility that hosts a multitude of servers, routers, switches, and other computing equipment used in high volume data storage and processing. Data centers are the heart of today's online services including apps, emails, streaming, online shopping, banking and much more. Data centers are providing highly reliable and secure cloud hosting solutions 24 hours per day, seven days a week and 365 days a year - simultaneously to thousands of global customers and should be designed with the highest uptime and efficiency possible. Data centers help their customers maximize availability, performance and security as well as comply with strict security and compliance requirements. Located in highly secure, not easily visible or accessible locations, data centers are a critical part of our society, business and the world.

As the consumption and the creation of data multiplies at exponential rates, so does the demand for data centers and colocation facilities. These data centers provide critical network connectivity points, provide hosting services for private and public cloud options, or host variations of enterprise data.

Posted by: Nicole@ExpansionSolutionsMagazine.com AT 09:45 am   |  Permalink   |  Email
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