SURGEONS of STEEL
March 2014 - Volume 8; Issue 3
US & Local Government Focus on WI Manufacturing 2014 Program Schedule Get the Full Story on PPACA before Choosing a Group Plan Wisconsin Legislature Expands Workforce Training Opportunities
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anufacturing continues to be one of the top industries and leading employer in Wisconsin. Our Governor has proclaimed Wisconsin ‘Open for business’ and is making efforts to attract business growth and development. WEDC is working on a plan to nationally market our state as a premier manufacturing hub. The TDMAW is looking at ways to be part of this marketing effort on the ground floor and possibly draw attention to our association as a ‘one stop’ source for manufacturing needs of large OEMs around the USA and other countries. Members of our association are obviously excited about this potential for growth in our state and industry but are also aware of our current and future workforce needs. The TDMAW has recognized this, and is trying to address some of these inevitable concerns. There are indications of a variety of areas where we could help solve the workforce problems. I will touch on some of our efforts. Please realize that there is not a single solution, but rather a need for a collective approach. • Some look to introduce young candidates to manufacturing through programs like Bots IQ, Youth Apprenticeships, or GPS Education Partners and educating high school students and their parents about true family sustaining careers in our industry. • There are a variety of grants which focus on financial assistance for training current employees, incumbent or displaced workers and military personal. • Training people who are currently in the workforce but not necessarily in our
fields is another direction. Secondary education such as technical colleges and private training organizations help to address this issue.
2014 Board of Directors
• Wisconsin’s Indentured Apprenticeship Program does not have the number of enrollees that it once had. This may be due to that system being a little outdated. Possibly, the introduction of the NIMS approach may be the answer.
Treasurer Randy Weber DACO Precision-Tool 262.626.6591 | randy@daco-precision.com
• Talks have begun with the Department of Correction (DOC) and Department of Workforce Development (DWD) about a mobile lab used to train the incarcerated so when released they might have an opportunity for a new start in a great career. I have not noted all the efforts being made by the TDMAW and its members, but you can see there are many variables to consider. Each TDMAW company has different and unique requirements. Look into using one or more of these avenues to help your specific workforce needs and hopefully we will be able to grow the manufacturing base in our state, to be able to accommodate the growing potential of new work. Have a great month and ‘Think Spring’ – Steve Latus, TDMAW President
TDMAW Committee news There is strength in TDMAW Members If you know of someone who you think would be a great addition to our association, please invite them to a TDMAW event and send their contact information to the TDMAW Headquarters. We will be happy to provide them with membership information. Many of our new members were referrals from TDMAW members: keep them coming!
2014 Rosters Members should have received a letter in the mail, detailing the contact and capability information that the TDMAW currently has on record. The mailing also asked if there are key associates at your firm who would benefit through participation with you, or a representative you would like to attend in your place, please provide their names and email address, to be added to the TDMAW communications mailing list. Many of our meeting topics are geared to benefit you and your key employees. Please make any necessary changes to the information TDMAW has on file, and return it to the TDMAW HQ by March 31.
The TDMAW is now accepting applications for the Edward L. Simeth Scholarship, see news article for details. Fall semester awards deadline is June 15, 2014.
2 | TDMAW HQ 262-532-2440
President Steve Latus Journeymen Tool & Technologies, Inc. 414.228.8338 | steve@journeymentool.com Vice President Doug Brockelman Stanek Tool Corporation 262.786.0120 | dbrockelman@stanektool.com
Secretary Brian Nuetzel Matzel Manufacturing, Inc. 414.466.3800 | briann@mzmatzel.com Chairman of the Board Mike Mallwitz Busch Precision 414.362.7305 mmallwitz@buschprecision.com
2014 Committee Chairs Apprenticeship Committee Ken Heins 262.253.4990 | kheins@klhindustries.com Budget Committee Randy Weber 262.626.6591 | randy@daco-precision.com Insurance Committee Allen Weiss 262.820.3400 | aweiss@integritywireedm.com Legislative Committee Kathy Pfannerstill 262.250.7640 | kpfannerstill@toolcraft.com Membership/Programs/ Events Randy Weber 262.626.6591 | randy@daco-precision.com Promotions Committee Lynn Mahuta 262.502.4100 | lynn@mahutatool.com Business Support Committee Doug Brockelman 262.786.0120 | dbrockelman@stanektool.com Scholarship Committee Steve Latus 414.228.8338 | steve@journeymentool.com Nominations Committee TBD
TDMAW Headquarters
W175 N11117 Stonewood Drive, Suite 204 Germantown, WI 53022 262-532-2440 Phone 262-532-2430 Fax toolmaker@tdmaw.org www.tdmaw.org
www.TDMAW.org
Save the Dates April 15th:
Ted Kanavas Dinner meeting at Hilton Garden Inn Milwaukee Park Place See back cover for details
May 6th:
Federated Meeting at the Delafield Brewhaus
June 17th: June Outing
• Please note our new email address: tlgrinding@gmail.com
T & L Grinding Corp
• Busch Precision Inc., a Milwaukee leader in industrial machining, is pleased to announce the addition of Susan Paprcka, Director of Marketing.
xceptional 4.0 GPA Engineering Student looking for a Summer Internship •E TDMAW member, Randy Weber of DACO Precision-Tool, highly recommends this UW Madison 2016 grad that is seeking a summer internship. Please contact TDMAW Headquarters for Blake’s cover letter and resume. ToolMaker@TDMAW.org. •M embers interested in receiving TDMAW Quarterly financial report updates, contact TDMAW HQ. •M embers looking for a copy of the updated Bylaws, please contact the TDMAW HQ.
CLASSIFIEDS
Golfing at River Club of Mequon or Lake Michigan Charter Fishing with Reel Sensations
New Equipment Capabilities- Wisconsin Engraving Co. www.wi-engraving.com
June 26th:
Tool steel for sale: (1) piece A-2, 13.38” dia x 4.75”, 189#; (1) piece A-2, 7.0” dia x 2.88”,
Federated &TDMAW Co-sponsor Designated Risk Manager Seminar, 8am-4pm, Waukesha Reservations accepted now
Mitsubishi 55J Sinker EDM X=48”, Y=24”, Z=24”. We also have 7 other sinkers. HAAS VM2 Vertical Mold Making Machine 12,000 RPM. 30” X 20” X 20”. We also have 7 other VMC, up to 30,000 RPM. 31#; (1) piece D-2. 10.38” dia x 4.25”, 101#. Contact: Ken Mahuta 262-502-4100 or e-mail, ken@mahutatool.com
Machine for sale: 1999 Hitachi Seiki Horizontal Machining Center-- 10,000RPM, CAT 50, 120 Tool ATC, Full 4th Axis, Through Spindle Coolant, Seicos 10M control, Tooling and Tombstones available. Email ezeitler@allistool.com for more information or to schedule a showing.
New Equipment Capabilities: Kinetic has purchased a Thermo Scientific Niton XL2 XRF
August 5th:
Analyzer. This handheld analyzer provides immediate, nondestructive elemental analysis of alloy materials from Titanium to Nickel. Contact Cash Masters 414-425-8221 at Kinetic if you need to know what that piece of steel is laying around in your shop! www.knifemaker.com
October 7th:
Attention Members: Take advantage of FREE classified advertising in this section. Email toolmaker@toolmaker.oorg for details.
Sporting Clays, Summer Outing Pat Richter
November:
Group Buying Expo Mark your calendars and watch for details
Designated Risk Manager Seminar Co-Sponsored by Federated & TDMAW 8am-4pm Marriott Milwaukee West, Waukesha Space is limited! Go to TDMAW.org/Calendar for more information and registration form Register before May 23rd
IN THE KNOW
community news Find Talent. Attend the Workforce Development Center’s Spring Job Fair on Wednesday, May 14, 2014 10:00 a.m. to 1:00 p.m. in the Waukesha County Technical College Gymnasium. Join 100 employers and nearly 1,000 job seekers at this premiere hiring event. Cost: $450/Booth. Details and registration: http://www.wfdc.org/job/jobfairs.htm.
Moraine Park Offers Employee Training Critical Core Skills: Think Critically, Thursday, March 27, Fond du Lac Campus PivotTables, Thursday, April 3, Fond du Lac Campus Critical Core Skills: Work Cooperatively in Teams, Thursday, April 10, Fond du Lac Campus 8D Problem Solving Tools Starts Thursday, April 22 See our 2014 Workforce Solutions Catalog for future offerings. Any of the training listed in this catalog can be brought on-site and customized to your business. Call 920-924-3449 or email training@morainepark.edu for more information
Articles Wanted! Interested in contributing an interesting and informative 300-500 word article to the Surgeons of Steel newsletter? Submissions are due by the 3rd of each month, and can be sent to the TDMAW Headquarters. ToolMaker@tdmaw.org. All articles subject to approval and space.
toolmaker@TDMAW.org | 3
TDMAW Member Companies Open Their Doors to Wisconsin Politicians Reaching Across Party Lines to Meet the Needs of Local Manufacturers
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ilwaukee, WI – February 17, 2014 – US Senator Ron Johnson (R-WI)) and Milwaukee District 2 Alderman Joe Davis (Dem) met together at 2:45 PM to tour Milwaukee based, Matzel Manufacturing, as they discussed cross party solutions for creating a pro-hire environment for local manufactures. One of those solutions is to work with Wisconsin youth apprenticeship programs which allow young professionals to gain real world experience. The goal is to build capacity in the workforce by teaching emerging professionals a strong work ethic and drive to succeed. Bradley Tech Senior, Anthony Thao, is an example of how the efforts of Matzel Manufacturing, working with local and state officials, are making a positive difference in the effort to provide young professionals an honorable career. Thao shared that he is very much enjoying his apprenticeship and being a part of the Matzel team, stating that he hopes to join Matzel as a full-time employee once he completes his apprenticeship. When asked what he likes most about Matzel, he added “the different skills and processes I am learning on different machines”.
US Senator Ron Johnson (R-WI) congratulates youth apprentice Anthony Theo at a recent visit to Matzel Manufacturing.
Senator Johnson stated that he believes the foundation of our local economy is founded in our area employers and workforce coming together to create a stronger community. Alderman Davis echoed this message by complimenting companies like Matzel Manufacturing for their innovative solutions when engaging the younger workforce. Davis went on to show favor in Senator Johnson’s willingness to reach across party lines to share ideas and create solutions that benefit the public interests. Matzel Manufacturing co-owners, Brian Nuetzel and Wayne Matthiesen, were pleased to have been the site of Senator Johnson and Alderman Davis visit. Nuetzel is especially pleased to see officials from the city, state, and federal levels actively talking about the issues most pressing to businesses like Matzel. “I’m happy to see our elected officials getting to the root cause of issues that affect each and every one of us”, said Matthiesen.
Busch Precision Welcomes Senator Ron Johnson
Milwaukee, WI – February 20, 2014 Busch Precision, Inc. welcomed US Senator Ron Johnson (R-WI) as he toured Milwaukee area manufacturing businesses. Over 70 guests attended to hear Senator Johnson share his approach to getting the country moving in the right direction. “The challenges facing America really require every American to be fully engaged and fully informed to make the right decisions. The root cause of these financial and cultural problems literally is the size and scope and all the rules and regulations, and government intrusion controlling our lives in the resulting cost
4 | TDMAW HQ 262-532-2440
Matzel manufacturing hosts a Reaching Across Party Lines meeting, shown are Wayne Matthiesen, Matzel owner, US Senator Ron Johnson (R-WI), Milwaukee District 2 Alderman Joe Davis (Dem), and Brian Nuetzel, Matzel owner.
of debt government.” Senator Johnson continued with a factfilled presentation, including topics of federal spending, the Social Security deficit, education, healthcare, and poverty. Senator Johnson thinks it is important for citizen legislators to ally with those who are seriously facing the reality that the federal government is bankrupting America. His manufacturing background has taught him to attack the root cause of a problem, not mere symptoms. He believes huge deficits, slow economic activity, high unemployment and woefully inadequate job creation are severe symptoms of the problem – but not the root www.TDMAW.org
cause. Instead, the ever expanding size, scope and cost of government is. Busch Precision was honored to be the start of Senator Johnson’s day, as he toured Milwaukee area manufacturing businesses to learn how today’s economy is affecting the manufacturing world, and how they are rising above the struggles. Press Release information was submitted by Nalani Services, Inc. www.NalaniServices.com
Busch Precision President, Mike Mallwitz (right) welcomes US Senator Ron Johnson (R-WI) as he toured the areas manufacturing companies to learn how the economy is affecting the manufacturing world.
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Schedule a tour today to learn more! 414.362.7300 | BuschPrecision.com toolmaker@TDMAW.org | 5
Providing Industry with the highest quality products and customer service to meet today’s demanding manufacturing requirements!
FINANCING 101
(If you can make it, we can finance it.) John Griffith
Senior Vice President
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Get the Full Story on PPACA before Choosing a Group Plan
As an employer, you are undoubtedly aware of “Obamacare,” a.k.a. PPACA (Patient Protection and Affordable Care Act), and all its implications. You are also likely hearing a lot of information about the pricing and plan designs offered through medical insurance providers in your state. The flow of information is coming out at an ever increasing rate and the media messages can often be confusing at best. In this new world you must remain diligent in your analysis of what to offer your employees, and what’s best for your business. This will be even more important when comparing available plans from state and federal exchanges.
What Does it Mean to Me?
Now, more than ever, you need to understand the plans and implications to your employees and your business by getting a copy of plan designs, policies, and a definition of the available network. Face it, one of the driving forces behind your offering health benefits is to attract and retain employees. Not offering this benefit puts you at a distinct disadvantage when competing for the best workers. Your Federated marketing representative can be a valuable resource for helping
you understand the ACA. Knowing your options and making choices now will help you avoid hasty, poorly planned decisions later. And, your employees will appreciate your sincere and open communication regarding their choices. Locate your Federated marketing representative by visiting www. federatedinsurance.com, or calling 1-800533-0472.
Submitted by Federated Insurance, TDMAW Group Buying Partner and Sponsor
How Does This Impact You?
It’s understandable that you have questions about using a state or federal exchange because you saw a newspaper article or report on television touting low prices for available plans. A closer look at these stories will reveal some important points you need to make sure you understand: 1) The prices you are seeing today are for individual plans on the exchanges, not group plans. Group plans will not be available on the Federal SHOP Exchange until November 1st, and will differ from what is available in the individual marketplace.
2) To reduce their overall cost, many insurance companies have significantly reduced the size of their network for plans available on exchanges. This will mean fewer choices for the employees accessing this type of network. 3) Out-of-network coverage, while still available, is potentially subject to an unlimited out-of-pocket maximum.
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Federated Mutual Insurance Company Federated Service Insurance Company* Federated Life Insurance Company Owatonna, Minnesota 55060 | Phone: (507) 455-5200 www.federatedinsurance.com *Not licensed in the states of NH, NJ, RI, and VT. © 2014 Federated Mutual Insurance Company
toolmaker@TDMAW.org | 7
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Wisconsin Legislature Expands Workforce Training Opportunities
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orkforce training h a s been an ongoing concern of TDMAW members for as long as I can remember. During meetings with Chet Gerlach elected officials, this issue has been raised over and over again and again. In response to those concerns, in March of 2013, Governor Scott Walker and the legislature enacted the Wisconsin Fast Forward program. The Fast Forward program provided $15 million in grants to support employer-led worker training. In March of 2014, the Governor and our State Legislature again acted and passed Special Session Assembly Bill 2 (SSAB 2), which provides $35 million in training grants administered by the Wisconsin Department of Workforce Development. Specifically, SSAB 2 provides grants to our technical colleges to reduce waiting lists for enrollment in courses of high-demand fields; supports collaborative projects between high schools, technical schools, and businesses that provide high school students with industry-recognized certifications in high-demand fields; provides grants to public and private organizations that serve unemployed
Manufacturers Tax Credit fix signed into law
and underemployed individuals; provides grants to public and private organizations that strive to enhance employment opportunities for people with disabilities.
These new grant programs are designed to increase the quality of the workforce in Wisconsin and help Wisconsin manufacturers become more competitive in the marketplace. Passage of SSAB 2 is another example of the benefits of members reaching out to our elected state policy makers. While a lot has been accomplished this session relating to workforce development, much more needs to be done. We will continue to plan outreach opportunities for TDMAW members to promote the continued state investment in workforce training.
Progressive Machinery, Inc.
Legislative tours of TDMAW member faSpecial Session Senate Bill 1 was recently signed into law by Governor Walker. Under provisions of the bill, the manufacturers tax credit can be claimed by tax filers who may be subject to the Alternative Minimum Tax. TDMAW members who have already filed their 2013 Wisconsin State Income Tax Return, may want to discuss this issue with their accountant and consider filing an amended tax return. Special thanks to Senator Glenn Grothman and Representative Dale Kooyenga for their leadership in helping to make this credit work for Wisconsin Manufacturers.
Chet Gerlach, president of Chet Gerlach Government Consulting and author of the TDMAW’s legislative column, has served as the TDMAW’s lobbyist in Madison since April 2009. We benefit from Chet’s ability to develop and maintain long term relationships with state policy makers. For the past 24 years, Chet has represented his clients’ interests before Madison lawmakers. Prior to that, Chet served as Assembly Assistant Majority Leader and also chaired the Audit Committee and the Committee on Energy during his ten years in the State Assembly. Chet Gerlach / Office: 608- 255- 9337 / Mobile: 608-239-5447 / chetgerlachgov.consulting@ gmail.com
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toolmaker@TDMAW.org | 9
Managing Work-Related Stress
W
orkplace stress is highly personal. Some people thrive in fast-paced jobs (think emergency room nurses, police officers, and air-traffic controllers) where making a mistake can put people’s lives at stake.
But just because the rest of us wouldn’t last a day in such high-pressure environments doesn’t mean our jobs are less stressful. Short deadlines, endless paperwork, the occasional irate customer, and meetings that drag on for hours, putting us even further behind, all can cause stress. In other words, it’s not the job that creates stress, it’s the way a person responds to the urgencies and demands of each workplace environment that makes him or her stressed or energized.
Not surprisingly, people respond to stress differently, depending on their temperament and the culture of the workplace in which they find themselves.
Stress effects
Short-term effects of stress include headaches, shallow breathing, difficulty sleeping, anxiety, and upset stomach. Long-term chronic stress can increase the risk for heart disease, back pain, depression, persistent muscle aches and pains, and a weakened immune system. Stress also can affect your mind by impairing concentration and imagination and increasing the chance you’ll make mistakes because you’re not thinking clearly.
Chronic stress can affect your emotions and behavior by making you irritable, impatient, less enthusiastic about your job, and even depressed.
That said, whether your primary job is answering the phone or running a railroad, here are some ways to manage work-related stress.
Check reality
When you’re in a high-pressure situation, examine your train of thought to see if it’s adding to the stress you feel.
Are you imagining a far worse outcome than is likely? Is the project or situation likely to affect your job approval, reputation, or income? Are you really out of your league or are the immediate demands really more of a challenge than a disaster in the making?
Manage your time
Proper time and priority management can reduce a lot of workplace stress.
Start each day by making a to-do list of tasks, calls to make, and e-mails to write; prioritize it according to those you must do, those you would like to do, and those that can wait. Don’t schedule too much, and build in time for interruptions.
Take a break
Hourly mini-breaks during which you stretch your shoulders, back, and neck can provide physical stress relief, which in turn can reduce mental stress.
Be realistic
Stop promising to do more than you can handle. Be polite as you say, “With the workload I have, I can’t take on more at this time.”
Repeat yourself
Every day, plan to spend some time at rest, but not asleep. Sit in a comfortable chair, close your eyes, and relax your muscles.
Then, focus on breathing regularly as you continuously repeat one simple word, such as “peace,” “relax,” or “om,” aloud or silently. Continue until your muscles and mind are relaxed.
Try muscle relaxation
Sit or lie down, if you can, and close your eyes. Starting at your head, tense your face by clenching your teeth and furrowing your brow. Hold the tension for five seconds, then release it. Next, tense your shoulders by bringing them
10 | TDMAW HQ 262-532-2440 www.TDMAW.org
up to your ears. Hold for five seconds, then release. Next, tense your arm muscles and hold for five seconds, then release. Continue to tighten and release each group of muscles in your body until you reach your toes. Focus on the warmth and heaviness of your body as you relax. Breathe gently for a few moments, then open your eyes.
Visualize
Sit or lie down and close your eyes. For five to 10 minutes, imagine you’re in a place you love, such as the beach, the mountains, or the house you grew up in. Breathe slowly and deeply as you imagine what you see, feel, hear, taste, and smell in your special place.
Breathe slowly and deeply
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Lie flat on your back with your eyes closed. Place your feet slightly apart and rest one hand above your navel, the other on your chest. Inhale through your nose and exhale through your mouth until you’ve emptied most of the air from your lungs.
As you slowly count to four, gently inhale, making your stomach rise. Pause for one second, then as you slowly count to four, gently exhale, letting your abdomen slowly fall. Pause for another second, then repeat this process 10 times. Eat a healthy diet and exercise regularly. A healthy diet rich in whole foods, fruits, vegetables, whole grains, and lean protein may reduce stress. Consuming lots of caffeine, sugar, and alcohol can increase it.
Numerous studies have found exercise reduces stress. Aerobic exercise, such as running, swimming, or brisk walking, works best for most people, but yoga, Pilates, tai chi, or simple stretching also can help by inducing a calmer, meditative state.
Communicate
Talking with a family member or friend outside of work about the specific issues that cause your stress at work can help you put things in perspective. Explore solutions and coping strategies together.
Get help
If you’ve tried these self-help strategies but continue to be highly stressed, get help from a mental health professional who specializes in stress management.
Submitted by Froedtert & Medical College of Wisconsin Health Resources Page. Visit http;// www.froedtert.com/healthlibrary
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12 | TDMAW HQ 262-532-2440 www.TDMAW.org
To get started, ground rules are recommended before beginning any effective brainstorming session. While you don’t want to restrict creativity or remove the element of fun discovery, there must be a code of conduct to ensure the exploration session is a worthwhile exercise. Like most exercises requiring team buy-in, the best course of action is to have the team create their own rules. Keep “rules” simple, fun, and clear. This will allow each member of the brainstorm group to take personal responsibility for respecting the brainstorm process and produce optimal results. Ten steps conduct a successful brainstorm session: 1. Identify the members of the brainstorm session, including a diverse perspective range on the topic of discussion. 2. Make sure everyone understands and agrees on the topic/question before opening the floor for ideas. dvancing your company’s brainstorm group has contributed. When 3. Give everyone a couple of minutes potential requires creative done right, brainstorming will revile your to jot down initial ideas before thinking and often the most team’s intellectual and creative capacity proceeding then go around the table creative ideas are the result of brainstorm for lateral thinking and free association. or room and one-by-one give each sessions. Brainstorming is simply Brainstorming helps answer person a chance to share their ideas exploring all ideas put forth by a group in fundamental questions related to (or pass). response to a given problem or question. products, processes, services, team 4. Encourage bold ideas and that In 1939, Alex Osborn, an advertising culture, client relations, and more. participants expand upon ideas executive, coined the term “brainstorm.” Examples could include: already shared, avoiding preOsborn defined brainstorming as “a • What single area of diversification judgment of all ideas shared. means of using the brain to storm a would best be supported by our 5. Record all ideas and clarify intended creative problem”. It is in this spirit existing offerings? meaning before moving from one that each “brainstormer” addresses the • What is the root cause of slow RFQ person to the next. same objective, but uniquely brings turn-around times? forth ideas from their own perspective. 6. Don’t stop until all ideas are • What can be done to improve The key to effective brainstorming is exhausted, allowing for late-coming productivity on the shop floor? to encourage creative thinking and not ideas to be shared. After a few • What can we offer to attract a allow ideas to be dismissed, evaluated, or rounds, open the floor for cross younger, skilled workforce? discussed fully until everyone within the dialogue. 7. Narrow in on the specific topic at hand and eliminate (by common agreement) those ideas that do not support the focus of the question being addressed. 8. Eliminate duplicates and ideas that are not directly relevant to the topic. 9. Identify actionable opportunities Plastic & Die Cast Injection Mold Design for addressing the fundamental 3D Modeling Plastic & Die Cast Injection Mold Design question being addressed. 3D Modeling 10. Delegate among members of the brainstorm team, tasks to carry out the action plan and schedule a 35 Years of Experience in Mold Building & Design follow up date to review progress of Experience in status. Mold Building & Design
10 Steps To Effective Brainstorming
A
DMG Design Dave Gross
35 Years
394 Plat Rd. Colgate, WI 53017
Written and Contributed by Deeatra Kajfosz,
262.628.4411 President, Nalani Services, Inc. dmg@dmgdesign.net www.NalaniServices.com TDMAW Sponsor
Dave Gross 262.628.4411 394 Plat Rd., Colgate, WI 53017
(March 2, 2014)
dmg@dmgdesign.net
toolmaker@TDMAW.org | 13
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14 | TDMAW HQ 262-532-2440 www.TDMAW.org
“ RIP Windows XP Windows XP, Wikipedia and the first Harry Potter movie were all released in 2001. Over a decade has passed and technology is among the many things that have changed. Back in 2001 Windows XP was the twinkle in Microsoft’s eye, their shining star, their flag ship operating system. It has been the most widely used operating system for quite a while, even surpassing some of Microsoft’s other operating systems like Windows 98 and Vista. But every good thing must come to an end and technology keeps growing by leaps and bounds. So is it really too much of a surprise that on April 8th 2014 Microsoft will discontinue providing support for Windows XP? New and improved operating systems are being created every few years out
doing the one before it. This evolution and shedding of old systems is common in everything and is causing a strain because of Windows XP’s earlier success. Many experts have predicted that the halt in support of Windows XP will cause significant strain for companies that have chosen not to upgrade their computers running Windows XP. Those experts say companies should move forward with technology in a step by step fashion. While this is great in theory, many companies know upgrading and/or replacing computers is not simple nor inexpensive. For many companies this is the very reason they have stayed with older operating systems and computers. Although the reasons for not upgrading may be valid, further avoiding the situation will cause frightening consequences.
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Is it really too much of a surprise that on April 8th 2014 Microsoft will discontinue providing support for Windows XP?
’’
The best way to emphasize those consequences and make you recognize the need for upgrading is to look at the security risks that are involved by staying with Windows XP. It is common knowledge that malicious programs are constantly being invented to break into systems and extract valuable information. Microsoft is proactive, if not reactive to these potential threats. They realize the weakness and counteract it by creating “security patches” which provide that extra security. Now imagine you own a computer that runs Windows XP and there is a new threat out there. A threat that targets a particular weak point in the Windows XP operating system. Usually it’s not something you think about because Microsoft releases one of those nifty patches and pushes it out over the internet. Every operating system that Microsoft supports is safe and sound, protected with patches, now wait, Microsoft no longer supports Windows XP and will no longer be releasing any patches. Now you feel the panic those experts were warning about. Don’t fret too much, an IT support provider can help you. Remember it’s not going to be an easy task for them to replace the XP operating system, you can only fix the problem by upgrading. Don’t let these worries be yours. Upgrade your systems to one of the new Microsoft operating systems and reduce the risk of running the soon to be unsupported Windows XP. Submitted by Swick Technoloiges, TDMAW Group Buying Partner
toolmaker@TDMAW.org | 15
“
Establish a deposit account with your prospective lender to show a history of healthy cash flow.
’’
Put Yourself in Your Lender’s Shoes
Ask yourself these questions to make sure you meet your lender’s credit evaluation guidelines.
K
nowing how your banker sees you will better position your business to secure the financing it needs. Lenders need to know why you want the loan or line of credit, how you plan to repay it, how well your business is positioned for repayment and what risks might be involved. How lenders review your application depends on the type and size of loan or line of credit you are requesting. They might conduct a personal interview, review your business plan and your latest balance sheet and income statements, as well as look at your personal financial statements, tax returns and personal credit history.
Regardless of the method of evaluation, lenders will analyze the data based on a standard commonly referred to as the 5 C’s of credit. Put yourself in your lender’s role, and ask yourself the following questions to make sure you meet their credit evaluation guidelines.
16 | TDMAW HQ 262-532-2440 www.TDMAW.org
What your lender looks for: 1. Credit History
Credit history helps indicate how the borrower/guarantor has handled his/her credit obligations in the past. Both business and personal credit are relevant. A lender will want to know if the borrower’s business has paid suppliers and other business obligations, as well as obligations to any other financial institutions, in a timely manner. On the personal side, the lender will consider the borrower’s/ guarantor’s history of credit management, including their FICO score and, possibly, the details of their credit record. 2. Collateral
Also called security, collateral provides a secondary source of repayment in case of default. Collateral is not necessary for unsecured lending products. When it is required, collateral can include personal assets (such as CDs or investments) or business assets (such as real estate, inventory, equipment or accounts receivable). Collateral doesn’t replace good payment history or the ability to handle the proposed debt level, since liquidating collateral often results in a loss to the financial institution. 3. Capital
An owner with a significant investment of personal capital in a business is likely to do everything in their power to make that business successful. The more of the owner’s money that is invested in the business, the more comfortable a lender will feel that the business owner is committed to succeeding. A business owner with assets that can be converted into cash in case of a sudden downturn in revenue will be better able to operate their business and repay their debt. A lender will want to see that the assets of the business sufficiently exceed its liabilities, and understand how quickly and easily those assets could be turned into cash. 4. Conditions
Conditions are the internal and external economic factors affecting the ability of a business to repay a loan, as well as the intended use of the loan. Internal conditions include the integrity of the management of the business and its reputation within the industry and community. The borrower’s business experience and knowledge, references
and education are personal factors that can also affect conditions. On the external side, existing liabilities and commitments, industry trends, customer base, competitors, and proposed legislation or government regulations are all examples of conditions. How sensitive a business is to the external economic climate can be an important indicator of its ability to survive and thrive. 5. Capacity
Capacity is the ability to repay the loan given other pre-existing loans or payment obligations. Profitability and cash flow are essential components. A business must have positive cash flow sufficient to allow the business to meet both short-term as well as long-term commitments. A lender will carefully consider the cash flow of the business to gauge the probability and timing of repayment. Submitted by TDMAW Blue Level Sponsor Well Fargo Bank, Heather Nill
EMPLOYERS WANTED
Moraine Park is seeking employer partners for Manufacturing Skills Academies* to train workers for entry-level positions in welding and CNC. All skills academies run in 10 to 15 week boot camp formats. Partner companies provide a 72-hour paid internship during the training. Students are available for direct hire by employers upon successful completion of the boot camp.
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toolmaker@TDMAW.org | 17
scholarships
I
n keeping with our Mission Statement, the TDMAW is pleased to offer two scholarship options to assist students enrolled in a Machine Tool Operations Program or Tool & Die Program at any accredited Wisconsin technical college. These scholarships are sponsored by the following TDMAW Group Buying Partners - E. L. Simeth Company and MSC/J&L Metalworking.
The Edward L. Simeth Scholarship
Each semester, awards of up to $500 are given to select students who are enrolled in a Machine Tool Operations Program or Tool & Die Program at any accredited Wisconsin technical college. To qualify, applicants must meet the following requirements: Must be resident of Wisconsin ust be currently attending an accredited Wisconsin Technical M college and enrolled in a Machine Tool Operations Program or Tool & Die Program Must complete the top portion of the Application Must complete an essay as directed on the application form The TDMAW extends a sincere thanks to the E L Simeth Co, Inc. for their generous financial contribution by way of the Edward L. Simeth Award. Of the fourteen student applicants, the following five winners will each receive a $325 award, directly towards their spring 2014 tuition.
Tyler Gruszinski of Moraine Park Technical College Cody Ermer of Moraine Park Technical College Alexander Conrand of Moraine Park Technical College Brandon Sberna of Waukesha County Technical College Aaron Joos of Chippewa Valley Technical College
Tools to Succeed
Each year, six deserving students are awarded with a Kennedy 11-drawer Steel Toolbox. Toolboxes are given to SE Wisconsin area technical colleges Technical Education departments. Instructors at these colleges identify and award the toolboxes to their most deserving students on behalf of MSC Metalworking and the Tool, Die & Machining Association of WI.
Congratulations to the latest Tools to Succeed recipient: Dennis Reinhardt, a fourth semester Tool and Die student at WCTC. The TDMAW joins Dennis with a sincerest thanks to MSC Metalworking for their Partnership and gift of the toolbox.
“
I would like to sincerely thank both of your organizations for your support of the WCTC tool and die program and for the generous tool box donation.
’’
– Dennis Reinhardt Visit TDMAW.org/trainScholarships for Application and Instructions. 18 | TDMAW HQ 262-532-2440 www.TDMAW.org
2014
For more information visit tdmaw.org
partners
Bank—Equipment Loans
Insurance—P&C, Health & Workers Comp
US Bank
Federated Insurance
Visit www.federatedinsurance.com for the nearest agent
Charles Starck | (920) 791-9089 www.usbank.com
Computer Services for Business
Steel Supplier
Swick Technologies
Alro Specialty Metals Wauwatosa
Gary Swick | (414) 257-9266 www.swicktech.com
Cutting Tools Midwest Cutting Tool, Inc. Waukesha
EDM Services
Charles Wright / Ronald Abts (262) 896-0883 www.midwestcuttingtools.com
K L H Industries, Inc. Germantown
Heat Treating
Ken Heins | (262) 253-4990 www.klhindustries.com
ThermTech of Waukesha, Inc. Kirk Springer | (262) 549-1878 www.thermtech.net
Inside Sales | (800) 365-4140 www.alro.com
Supplies/Full Line E.L Simeth - Milwaukee Steve Simeth | (414)771-9270 www.elsimeth.com
MSC/J&L Metalworking Pewaukee
Sales | (262) 703-4000 www.metalworking.mscdirect.com
Sussex Tool & Supply - Sussex Sales | (262) 251-4020 www.sussextool.com
sponsors ApTex Waukesha Industrial Peter Delany | (262) 970-4833 www.aptex.biz
Federated Insurance Brock Martinez | (920) 299-0010 www.federatedinsurance.com
Manage-Point LLC Mich Kealey | (414) 456-9837 www.manage-point.com
Bell-Well Sales Co. Tom Schoenecker | (262) 781-3670 www.bellwellsales.com
Foundations Bank John Griffin | (262) 691-9400 www.foundationsbank.com
Midwest Forman Metal Co. Marty Forman | (414) 351-5990 www.midwestformanrecycling.com
Busch Precision, Inc. Micheal Mallwitz | (414) 362-7305 www.buschprecision.com
Fox Valley Metrology Kit Krabel | (920) 426-5894 www.foxvalleymetrology.com
Morris Midwest Walter Weigel | (414) 586-0450 www.morrismidwest.com
Cincinnati Tool Steel Co. Ronald Cincinnati | (800) 435-0717 www.cintool.com
Haas Factory Outlet Wally Mulvaney | (262) 373-5050 www.hfomilwaukee.com
Nalani Services, Inc. Deeatra Kajfosz | (262) 293-3713 www.nalaniservices.com
Citizens Bank of Mukwonago John Schmitz | (262) 548-0208 www.citizenbank.com
Hagemeyer Bob Stollenwerk (414) 254-3084 www.hagemeyerna.com
PNC Bank Lyndsay Zwirlein | (262) 955-5168 www.pncbank.com
Cultivate Communications Dee Jensen | (262) 373-4000 www.cultivatecommunications.com The Dickman Company, Inc./ CORFAC International Dave Hazenfield | (414) 271-6100 www.dickmanrealestate.com
Sitzberger Hau & Company, S.C. Dan Hau | (414) 282-9000 www.sitzhau.com Industrial Fluid Solutions Sales | (920) 783-6600 www.industrialfluidsolutions.com
Progressive Machinery, Inc. John Gennrich | (414) 577-3200 www.progressivemachinerywi.com Schenck M & A Solutions Corey Vanderpoel (414) 465-5607 www.schencksc.com/ mergeradvisors
ShopWare, Inc. Jeff Angsten (847) 428-4350 www.shopwareinc.com Sikich LLP Cheryl Aschenbrener (262) 754-9400 www.sikich.com Town Bank Keith Baisden (262) 432-6256 www.townbank.us United Milwaukee Scrap Jeff Katz (414) 449-4410 www.umswi.com Weller Machinery Mike Weller (262) 523-1800 www.wellerusa.com Wells Fargo Bank Heather Nill (414) 530-1925 www.wellsfargo.com
toolmaker@TDMAW.org | 19
W175 N11117 Stonewood Drive Suite 204 Germantown, WI 53022
Register now ! Come hear how current WI politics are affecting manufacturing today with Ted Kanavas, known former Wisconsin State Senator and current conservative talk radio guest host and businessman.
Dinner Meeting Tuesday, April 15, 2014 6:00pm – 8:30 pm Hilton Garden Inn Milwaukee Park Place Contact TDMAW Headquarters to register at Toolmaker@tdmaw.org. Invited to attend are: TDMAW members and employees, TDMAW Sponsors, TDMAW Partners, Local Trade Associations (AFS, NADCA, NTMA, AMBA, PMA), and community partners. Printed by American Print Quik, Menomonee Falls www.APQprinting.com