The Bi-Weekly Newsletter of the Council of Industry
September 9, 2021
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Manufacturing Industry News
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Council of Industry's "HV MFG" Magazine Coming Soon
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Next month, the Council of Industry will release its Fall 2021 edition of "HV Mfg" in print and online. The magazine will feature articles on food manufacturer Crepini, the labor market, New York State’s energy future, Westchester County's apprenticeship initiatives. Also featured will be the leader profile on John Malmgreen, career profile on Brenda Schaffer, news briefs, resource guide and more!
Show your support of Hudson Valley manufacturing by placing an ad today. See our ad chart below or contact Johnnieanne Hansen with questions [email protected] or call (845)-565-1355.
Click here to view the digital edition of HV Mfg Fall 2020.
Watch your inbox and mailbox for your copy of HV Mfg in October!
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Survey: Council Members NOT Mandating Vaccines...Yet
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The Council of Industry surveyed its members to determine whether or not firms were mandating or considering mandating COVID-19 vaccines for their employees.The survey was conducted August 8–13th and received 23 responses. Below is a summary of the findings.
- 2 firms, or less than 8 percent, are mandating vaccines for their employees, 21 are not. Of those who are not mandating vaccines most cited respect for individual rights as the reason (8) followed by concern over losing employees (7).
- 9 of the 21 firms that are not yet mandating vaccine for their employees are considering doing so–with more than half (5) citing keeping people safe as the primary reason.
- 20 of 23 firms (87%) are encouraging employees to become vaccinated with one on one conversations (8) and group conversations (6) most cited. One firm is providing a cash incentive to be vaccinated.
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Your Help Please! Complete the Business Council Survey on the Impact of Electrification and GHG Reductions on New York State Manufacturers
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The Council of Industry and the Manufacturing Alliance of New York are working with The Business Council of New York State to develop more detailed information on how the state’s energy policies may impact its industrial sector.
As we continue to work on implementation of the CLCPA, we are asking our manufacturing members to provide us with detailed information on potential impacts of CLCPA implementation on your New York State operations.
I am reaching out to you for your help in getting this survey in the right hands within your company, and to help us obtain a timely response.
We would appreciate receiving your feedback by Friday, September 24.
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For information on advertising in this and other CI publications
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Senate and Assembly Republicans Hold Listening Session with Stakeholders on Proposed 55 Cent per Gallon Gas Tax
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Members of the Senate and Assembly Republican Conferences today held a listening session with stakeholders across various industries to discuss the potential impacts of the Climate and Community Investment Act (CCIA), a proposal being advanced by Albany Democrats that could increase the cost of gas by as much as 55 cents per gallon and increase home heating costs by more than 25 percent. Another listening session was held earlier this month in Albany. The legislation would impose a carbon tax of $55 per ton of fossil fuel emissions in order to reach renewable energy mandates under the Climate Leadership and Community ProtectionAct (CLCP), passed by the Legislature in 2019.
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Ego Problem-Too Many US Manufacturers Neither Understand Foreign Competitors Nor Take Them Seriously
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Rebecca Morgan, a manufacturing veteran, former IndustryWeek columnist and president of Fulcrum ConsultingWorks, is an expert in making businesses more competitive. People familiar with her enterprise-wide, effective approach put her in the same league as Deming, Welch and Drucker In a fascinating interview with IndustryWeek’s Paul Ericson she talks about the challenges US manufacturers face in the global marketplace and how they can meet those challenges. Rebecca Morgan’s latest book is Manufacturing Mastery: The Path to BuildingSuccessful and Enduring Manufacturing Businesses (Routledge Press)
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Empire Center’s McMahon: Andrew Cuomo Is Gone, His Economic Mismanagement Not Forgotten
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By the start of his second term, in 2015, Mr. Cuomo was promoting “economic justice” in the form of a $15minimum wage, initially restricted to New York City. In his third term, starting in 2019, he sprinted to the left and loudly proclaimed his progressive credentials as a new generation of left-leaning Democrats assumed control of the formerly split Legislature/
Things were different a decade ago. “New York has no future as the tax capital of the nation,” he declared in his 2011 State of the State address. “Our young people will not stay. Our business will not come. This has to change.”
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Meet the Workers Gaming Remote Work with Multiple Jobs
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A small, dedicated group of white-collar workers, in industries from tech to banking to insurance, say they have found a way to double their pay: Work two full-time remote jobs. Of course they don’t tell anyone and, for the most part, don’t do too much work, either. Alone in their home offices, they toggle between two laptops. They play “Tetris” with their calendars, trying to dodge endless meetings. Sometimes they log on to two meetings at once.They use paid time off—in some cases, unlimited—to juggle the occasional big project or ramp up at a new gig.
Many say they don’t work more than 40 hours a week for both jobs combined.They don’t apologize for taking advantage of a system they feel has taken advantage of them.
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‘We Did Not Take This Decision Lightly’
Effective leadership should have a distinctly human touch.
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The words in the headline are those of Donnie King, CEO of Tyson Foods Inc., who announced on August 2, 2021, that his company would require its employees to be vaccinated against COVID-19. What’s remarkable about this comment, apart from the fact that Tyson Foods was the first manufacturing company to publicly come out with a policy requiring the vaccine for the entire workforce, is the humanness of the statement.
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NY Pass Through Entities Tax Update–
From Teal, Becker & Chiaramonte, CPAs, P.C.
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New for the 2021 tax filing, New York implemented a Pass-Through Entity Tax (PTET) that is an optional program allowing a pass-through entity to pay NYS taxes, provide a full Federal Tax Deduction on those taxes, and provide a credit for taxes paid on the owners/members/partners tax returns. On August 25, 2021 the New York State Department of Taxation and Finance issued TSB-M-21(1)C, (1)I providing guidance on the PTET and this post provides the highlights of this guidance.
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GM, Ford Halt Some Auto Production as Chip Shortage Worsens
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General Motors announced last Thursday that it would pause production at eight North American plants during the next two weeks, including two that make the company’s top-selling Chevrolet Silverado pickup. Ford will stop making pickups at its Kansas City Assembly Plant for the next two weeks. Shifts will be cut at two more truck plants in Dearborn, Michigan, and Louisville, Kentucky. The cuts will compound an already short supply of cars, trucks and SUVs on dealer lots nationwide that have pushed prices to record levels. Industry analysts say the delta variant of the novel coronavirus has hit employees at chip factories in southeast Asia hard, forcing some plants to close. That’s worsened a chip shortage that was starting to improve earlier in the summer.
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What's Happening in Your Association
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Hole in One, Record Attendance Highlight the Council’s Golf Outing August 30th
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Sono-Tek’s Joanne D’Adamo used her 5 wood to ace the 135-yard 16th hole at Newburgh’s Powelton Club, and the team from NRG Direct Energy took home the Council Cup by winning the Best Ball competition.
The other big news from the event was that the storms held off until the very end (most golfers finished 17 holes), a record 100 golfers participated, and the outing had all the fun and camaraderie of a pre-pandemic event.
PICTURED The team from Sono-Tek: Bennett Bruntil, Chris Cichetti, Steve Harshbarger, and Hole-in-one Ace Joanne D'Adamo
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Fundamentals of Leadership Including DiSC Profile
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Dates: September 21 and September 22 and September 23
Time: 8:30 am - 12:30 pm
Location: Online
Instructor: Rebecca Mazin, Recruit Right
Cost: $450 single member, $400 each multiple members from same company, $725 non-members
This class takes managers and supervisors on a three-day journey that begins with a discussion of great leaders and the characteristics they demonstrate. This discussion sets the stage for a program that allows participants to identify their own individual style and gain tools and techniques to make their personal strengths most effective. Attendees complete the Everything DiSC Workplace Profile, a nonjudgmental personality tool for understanding their behaviors in the workplace. Leaders use this knowledge to understand behavior across four primary dimensions. DiSC Profile information creates a baseline for exploration of skills and techniques to enhance leadership effectiveness including:
- Individual approaches in response to different workplace styles.
- Best practices for working with particular styles.
- Tools for identifying styles in others.
- Balancing approaches to build effective workplace relationships.
- Emotional intelligence and communicating intentions.
- The essentials for establishing SMART goals.
- Building a team through targeted recruitment and behavioral interviewing.
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Protecting Yourself and Your Customers from a Cyber Attack With CohnReznick
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When: Thursday, October 21, 2021, 1:00 pm - 2:30pm
Where: Webinar
Cost: No Cost for Members
Manufacturing companies have pivoted various aspects of their business to remain competitive, and in connection with this shift have exposed themselves and their customer base to significant risk. Join your peers on this roundtable moderated by one of CohnReznick's cybersecurity leaders as we discuss strategies for protecting your business' data assets, intellectual property and brand reputation from cybersecurity threats.
About the Speaker:
Thomas McDermott, CISA, CRISC, CGEIT
Director, CohnReznick Advisory Group
Thomas McDermott, CISA, CRISC, CGEIT, is a director in CohnReznick Advisory Group who specializes in information technology (IT), governance, risk, and compliance. He brings over 15 years of experience in IT, SOX compliance, security, financial, internal control audits, and advisory services. He provides specialized risk and advisory provisions to our clients in a variety of areas, including IT governance, IT security, data confidentiality and privacy, and compliance, as well as IT general and application controls.
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The Manufacturing Matters Podcast
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Manufacturing Matters Podcast: Johnnieanne Hansen and Harold King
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In this episode Johnnieanne Hansen, Vice President of the Council of Industry and Harold King, President, discuss the employment crisis and its extreme impact on Hudson Valley manufacturers
With many potential workers remaining on the sidelines for reasons ranging from extended and enhanced benefits to childcare issues and the spread of the Delta Variant, 9.2 million jobs across the nation remain unfilled. For Hudson Valley manufacturers that have seen increased demand for their products the need to attract workers has never been more urgent.
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