GJM Economic Outlook Presentation Puts Focus on Manufacturing

Less than a month after President-Elect Donald Trump was sworn in as president, experts will offer their take on the manufacturing climate and outlook for 2017 at Gilmore Jasion Mahler’s Manufacturing & Distribution Financial Executive Roundtables.

The roundtable events are Thursday, February 9 from 11:30 am-1 pm at Findlay Country Club and from 3-5 pm the same day at Brandywine Country Club in Maumee.Kevin Depew RSM US Alliance

“Making America Great Again: The 2017 Manufacturing Outlook” will explore what may be in store for the manufacturing industry in 2017. From the corporate tax rate to trade, to workforce issues, our experts will offer perspective on what may be ahead for this critical piece of our regional economy. Tim Mayle Findlay-Hancock County Alliance

Speaker Kevin Depew is Director of Thought Leadership for RSM US LLP and an Emmy Award-winning writer and producer with a work history that includes market strategy, research and portfolio management. Gilmore Jasion Mahler is an independently owned member of the RSM US Alliance. Depew will be joined by co-presenters offering a closer look at our regional economies.Dean Monske Regional Growth Partnership Tim Mayle, recently named the Director of Economic Development for the Findlay-Hancock County Alliance will address the Findlay roundtable event and Dean Monske, President and CEO of the Regional Growth Partnership will present in Maumee.

The events are open to financial executives from area manufacturing & distribution businesses. There is no cost to attend. The Findlay event includes lunch. The Maumee event includes an optional happy hour from 5-6 pm. Manufacturing financial executives can RSVP via email for either roundtable event at info@gjmltd.com. Please specify which event you’ll be attending.

Gilmore Jasion Mahler (GJM) established the Manufacturing & Distribution Financial Executive Roundtable series after learning that area manufacturers needed a way to come together to share their challenges and successes. Previous roundtable topics have included mergers & acquisitions, company culture, employee engagement and the state of Ohio manufacturing.

Established in 1996, Gilmore Jasion Mahler, LTD is the largest public accounting firm in the region, with offices in Maumee and Findlay. Locally owned, GJM offers comprehensive financial services including assurance, business advisory, tax, risk advisory and healthcare management. GJM’s professionals specialize in industries including construction & real estate, healthcare, manufacturing & distribution and utilities

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Gilmore Jasion Mahler Tackles Manufacturing Workforce Shortage at Upcoming Roundtable Events

Finding and keeping good people is one of the top challenges facing manufacturing businesses across the northwest Ohio region. An upcoming event series won’t solve the problem, but it does offer manufacturers a way to help keep their current workforce engaged and could also be a plus for their recruitment efforts.

“Your Not-So-Secret Weapon for Employee Engagement” is a panel discussion featuring a representative from Workforce and Community Services at Owens Community College and representatives from area manufacturers including Bollin Label Systems, Bolt Express and City Apparel. They’ll discuss this so-called “secret weapon” and how it is helping them stay more connected to their workers. A legal expert will also discuss the impact of Ohio’s new law to legalize medical marijuana, which goes into effect on September 8th.

The free roundtable events are Thursday, August 11 from 2-5 pm at The Pinnacle, 1772 Indian Wood Circle, Maumee and Wednesday, August 17 from 11:30 am-1 pm at Findlay Country Club, 1500 Country Club Drive in Findlay. Lunch is included at the Findlay event.

Financial executives from area manufacturing & distribution businesses can RSVP via email to info@gjmltd.com.

Gilmore Jasion Mahler (GJM) established the Manufacturing & Distribution Financial Executive Roundtable after learning that area manufacturers needed a way to come together to share their challenges and their successes. Previous roundtable topics have included mergers & acquisitions, company culture and the state of Ohio manufacturing. Learn more about GJM's Manufacturing & Distribution Specialist team.


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Upcoming GJM Manufacturing Roundtables Tackle Employee Engagement

It’s pretty simple. The happier your workers are in their roles, the more likely they are to stay with your company. Figuring out a way to make that happen however, is anything but simple.

It’s no secret that manufacturers across northwest Ohio and southeastern Michigan are struggling with workforce issues, as are manufacturers across the country. Industry watchers say one of the key problems is that not enough young people are pursuing careers in manufacturing. The dilemma makes recruiting and training efforts even more critical for manufacturing businesses in the attempt to bring in and keep good people.

And then there’s the employee engagement piece.  So, how exactly do you engage your employees? That’s the topic of an upcoming Gilmore Jasion Mahler Manufacturing and Distribution Financial Executive Roundtable.

“Your Not-so-Secret Weapon for Employee Engagement” is a panel discussion that offers a vehicle for engaging, empowering and connecting with your workers. It is scheduled for Thursday, August 11 from 2-5 pm at the Pinnacle, 1772 Indian Wood Circle in Maumee. A second event featuring a panel discussion will be held Wednesday, August 17 from 11:30 am-1:00 pm at the Findlay Country Club, 1500 Country Club Drive, Findlay. Details to come on our featured panel members.

The Gilmore Jasion Mahler Manufacturing & Distribution Financial Executive Roundtable Series was established by our Manufacturing Specialist Team when area manufacturers expressed frustrations with the fact that they had no venue to come together and share struggles, best practices and victories.  The events are held three times a year for financial decision makers within manufacturing businesses. Manufacturing executives can RSVP for either event at info@gjmltd.com or by calling 419-794-2000.


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Does Your Company Have a Plan for Investing?

You’ve worked hard to build your business through the years. An investment policy statement (IPS) is a critical part of your future growth. But what should or shouldn’t be included in an IPS? Here are some guidelines:

Goals for your company’s investment portfolio should be:

  • Specific to your company
  • Flexible enough to meet current market and firm needs
  • Adaptable to changing needs, but reflect risk tolerance
  • Easily modified

Source: CFMA Treasury Management Series Presentation Session 2, Steven Lords, CFO Arizona Pipeline Company

Gilmore Jasion Mahler Audit Partner Bob Bobek is on a team presenting at the upcoming Construction Financial Management Association (CFMA) 2016 annual conference and exhibition "Building it Forward" in San Antonio, Texas on June 25-29. The importance of a company IPS is part of the team's Treasury Management Series presentation at the conference. Gilmore Jasion Mahler's Construction & Real Estate Team works to provide advisory and other services to support financial and strategic goals for businesses within the construction, real estate and utilities industries. Bob Bobek is an active member both locally and nationally with CFMA.


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Fraud Detection and Prevention

Is your company laying out the welcome mat for potential fraud? If you're not focused on fraud prevention then it may be time to rethink your priorities. It's no secret that these concerns arc across all sectors of business today including the construction industry and they aren't going away. What's missing within your business and what can you do better? Here are three overarching priorities when it comes to fraud detection and prevention:

  • Establish a culture of integrity and honesty
  • Implement sound policies and practices
  • Be vigilant with checks and balances

Gilmore Jasion Mahler Partner Bob Bobek is on a team presenting at the upcoming Construction Financial Management Association (CFMA) 2016 annual conference and exhibition"Build it Forward" in San Antonio, Texas on June 25-29. Fraud detection and prevention is part of the team's Treasury Management Series presentation at the conference. Gilmore Jasion Mahler's Construction & Real Estate Team works to provide advisory and other services to support financial and strategic goals for businesses within the construction, real estate and utilities industries. Bob Bobek is an active member both locally and nationally with CFMA.


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