Many mid-market companies contemplate building new plants to meet growing demands, but before investing significant capital, it is essential to explore the untapped potential of existing facilities. Plant optimization can provide a more cost-effective solution and potentially eliminate the need for that capital expenditure (CapEx) altogether. Surprisingly, most manufacturing facilities have 15-30% hidden capacity that remains unutilized. This article will outline how maximizing your current operations can delay or even negate the need to build new facilities.

Employers are often surprised to learn that they may be overpaying FICA taxes, unnecessarily inflating their payroll expenses. Fortunately, a new program has emerged that can help employers save approximately $640 per W-2 employee each year without changing compensation or insurance benefits. This innovative solution allows businesses to reduce their payroll tax expenses through a simple activation process that grants employees access to premium benefits like telehealth, mental wellness resources, and Rx support.

Effective post-deal execution is what separates industry leaders from the rest after a merger or acquisition. Manufacturing integration plays a vital role in determining whether the new entity thrives or falters. Disruptive challenges often arise during integration, jeopardizing not only operational efficiency but also employee morale and productivity. It is essential to address these challenges head-on, as thriving operations will lead to a stronger competitive position in the market.