According to Frances Brunelle, President of Accelerated Manufacturing Brokers, selling a manufacturing company requires consideration of several factors, including automation-readiness. Brunelle’s article can be read at AutomationMedia magazine.
Brunelle suggested tax legislation has created favorable conditions for selling manufacturing companies. Most manufacturing enterprise buyers need financing to purchase a business; it is important to consider the current interest rates on business loans. Interest rates are low; affordable financing makes buying a manufacturing company more feasible for more buyers.
The condition of a manufacturing business will affect its value. First and foremost, thanks to the rapid technological advancements of Industry 4.0, Industrial Internet of Things (IIoT), and big data (enhancing real-time decision-making and predictive analytics), manufacturing is changing beyond simple production.
A buyer looking to purchase a manufacturing company will consider how much advanced technology is already implemented. Outdated production methods will require a prospective buyer to calculate how much of an investment will be needed to bring the manufacturing facility up to date.
About AutomationMedia:
AutomationMedia, founded in 1998, is one of the most credible sources in the media, with informative content regarding automation, controls, breakthrough manufacturing, as well as operational and industrial intelligence. AutomationMedia is a valuable tool and a favorite bookmarked stop for automation and control professionals worldwide. The publisher has earned a global reputation among industrial software vendors, lean manufacturing experts, and thought leadership contributors.
For 2020 AutomationMedia will introduce a series of case study feature article profiles (usually ten real-world examples by a single vendor) as well as dedicated editorial columns in a new sponsorship program. This will allow readers to capture the breadth and insight of thought leaders’ content as a deep dive exploration of both the pain points on the plant floor and the solutions available.
According to Naeem Ismat, publisher and editor of AutomationMedia, “We are dedicated to developing the awareness and understanding about interoperability in automation by providing the best information from the best sources.” Ismat added one-time articles often fail to explore the true automation considerations which is why expanded coverage format is critical.
Ismat recently announced a formal strategic alliance partnership with manufacturing journalist, Thomas R. Cutler, founder of the 7000-member Manufacturing Media Consortium and is also the CEO of TR Cutler, Inc. This will ensure that all content is aggressively cross-promoted through both publication relations and social media. This will optimize the published content substantially.
Follow AutomationMedia on Twitter at @AutomationMedia. Follow Cutler on Twitter at @ThomasRCutler.
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