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Manufacturing

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New Guidance for Lease Accounting - Finally!

On February 25, 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update No. 2016-02, Leases (“ASU

Common Themes Abound Across Five Years of Our Manufacturing Survey

Each year, the Schneider Downs Manufacturing Survey provides new and unique glimpses into the insights of companies from all walks of the sector. Often,

Tax Extenders Impact on the Manufacturing Industry

After months of speculation and delay on the "tax extenders" legislation, the Protecting Americans from Tax Hikes Act of 2015 (PATH Act) was

Insight Into the Manufacturing Sector

Many of the business headlines in recent weeks have been somewhat concerning. While major market indices have plowed forward, news of slowing growth in

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Additive Manufacturing in Western Pennsylvania

With Alcoa’s September announcement that it will be spending $60 million to expand its Western Pennsylvania R&D center to accelerate the development

Factory Production Accelerates

I recently read some interesting statistics provided to me by The Private Bank. Industrial production increased at the fastest pace in eight months, rising

Measurement of Inventory - Is FASB Making it Simple?

In July 2015, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2015-11, Simplifying the Measurement of Inventory.

Export Tax Incentives - Interest-Charge Domestic International Sales Corporation (IC-DISC)

Companies that manufacture products within the United States and export abroad may derive tax benefits from the use of an Interest-Charge Domestic International

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Pittsburgh Cracker Plant Update

The much-anticipated cracker plant to be located in Beaver County recently took a step forward as Shell Oil Co. (Shell) closed on the land where the plant

Manufacturers to Face Skilled Worker Shortage in the Future

Most CEOs will tell you that good workers are the key to a good business, but they are hard to find. This is especially the case with the manufacturing

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