Diversifying your business and expanding into new markets can open up new revenue streams while making you less dependent on a single customer or industry.
However, expanding into new markets often requires a lot of time and a lot of money, and many shop owners are reluctant to make that commitment. In addition, when business is good, expansion can seem like a luxury rather than a necessity, and it quickly drops to the last item on a to-do list.Read More »
A family business that has diversified their company to ensure long term success. A women-owned sheet metal fabrication manufacturer whose co-presidents are active in the community. Role models for men and women everywhere, operating in a changing industry while staying true to themselves.Read More »
The "big green books" of the Thomas Register connected b2b buyers and industrial suppliers for well over a century, before we went completely online as THOMASNET.com in 2006.
I took a dive into some vintage editions to find ads from businesses that have stood the test of time, and still serve industry today.Read More »
This holiday season, we hope that you’re considering gifting STEM toys to the children in your lives. Here at THOMASNET, we always admire toys that teach, but have you ever wondered how these wonderful toys were designed in the first place?Read More »
Whether you like it or not, millennials are coming into the supply chain and are beginning to be the employees in charge of purchasing. Millennial purchasing habits still present a challenge, but UPS recently released the Industrial Buyer Survey giving insight to the habits of the "buyers of the future.”Read More »
It’s that time of year again — family comes together, entertainment is in abundance, and food is shared.
And speaking of food, the newest Food Manufacturing Industry Report lists the eight U.S. states that have the highest added value to the food manufacturing industry. So we took a look at the United States Department of Agriculture State Export Data for what exactly we can be thankful for. The results for each state are below.Read More »
There were rumbling through the halls. Whispers among the engineers of a new presence at THOMASNET. A Master Builder had entered our ranks.Read More »
As an industry, we talk about the talent gap all the time. We talk about how to fill the gap with millennials. We cry out about how robots are stealing our jobs. And we go back and forth between our lack of people and metallic replacements that we don’t stop to find the solution needle in the proverbial haystack.Read More »
We like to talk about innovation, but in an industry of builders and makers, we’re limited by one thing: to make something tangible, we need materials.
We don’t often highlight the foundation to building new products, never mind the sometimes revolutionary impact they may have on the world. So here are the latest innovations in materials that may shape how we build the future.Read More »