Can Manufacturing Overcome the Widening Skills Gap?

Jonathan BelekBusiness Insurance, Employee Benefits, Manufacturing

Manufacturing has always correlated with rapid economic growth. Time and time again we’ve seen manufacturing businesses create jobs and elevate a community’s standard of living. The development of a factory is the saving grace of poor communities all over the world. The International Monetary Fund and U.S. government projections expect our manufacturing sector to grow by 3 or 4 percent … Read More

Manufacturers: Are you insuring your building and property correctly?

Jonathan BelekBusiness Insurance, Commercial Property Insurance, Manufacturing, Risk Management

Would you insure your house for $500,000 when you only paid $200,000 for it? Of course not. Here’s another question. Say that the house you purchased for $200,000 burns to the ground. Would you expect your insurance policy to cover the replacement cost of your house based on the $500,000 coverage you were paying for? Of course not. It all … Read More

Connecticut Business Insurance: Commercial Continuation Plans

srfmAdminBusiness Insurance, Manufacturing

Connecticut Business Insurance: Commercial Continuation Plans Hurricane Sandy was devastating. As part of the recovery effort, it is imperative that business owners take the time to improve their businesses now to better protect their safety and mitigate risk in the future. The Insurance Institute for Business & Home Safety recently had several recommendations for how to protect against future extreme … Read More

Aviation News: Boeing Boosts 777 Production

srfmAdminManufacturing

Aviation News: Boeing Boosts 777 Production Boeing recently ramped up the production rates for their 777, setting the fastest rate for a wide-body aircraft. According to Aviation Week, a Korean Air Boeing 777F became the first airframe last week to go through the 777 final assembly line in Everett Washington since the production rate was increased. Previous production rates were … Read More

United States Still Holds Manufacturing Sway

srfmAdminManufacturing

United States Still Holds Manufacturing Sway It’s been said that American manufacturing is on the decline. But, that’s not true for certain industries according to the Wall Street Journal. The United States remains a global leader in manufacturing some of the world’s biggest products. Caterpillar inc, makes it’s large mining trucks in Illinois, despite the face that most of them … Read More

Manufacturing: What is Crowdfunding?

srfmAdminManufacturing

Manufacturing: What is Crowdfunding? The idea of crowdfunding is simple. Large groups of people contribute small amounts of money for a project. Yet, this simple idea is fast taking hold of the business world, and could change the face of manufacturing. Take Kickstarter for example. An online phenomenon, Kickstarter is a venture capital site that helps inventors, artists, designers, etc, … Read More

Manufacturing Insurance: Robots Playing More Intricate Role

srfmAdminManufacturing

Typically, robots in factories haven’t worked alongside humans. Safety concerns have kept them contained in cages away from workers so no one is injured or maimed and manufacturing insurance is kept to a minimum. Now, however, technology is beginning to change that. According to a recent Wall Street Journal article, companies including Japan’s Kawada Industries, Inc. and Fanuc Corp. are … Read More