BORROWERS
The Paycheck Protection Program (“PPP”) authorizes up to $349 billion in forgivable loans to small businesses to pay their employees during the COVID-19 crisis. All loan terms will be the same for everyone.
The loan amounts will be forgiven as long as:
? The loan proceeds are used to cover payroll costs, and most mortgage interest, rent, and utility costs over the 8 week period after the loan is made; and
? Employee...
During the past week, like so many others in manufacturing, we have had to make rapid decisions in order to keep our employees and company in good health. We have created a blog about them and are willing to share the ideas with others. We hope you find them useful.
Good luck to all of you during this crisis.
https://medium.com/@kbing/whats-on-your-dashboard-94dbd359d5ac?sk=1eb247d3b2a68818863b39345926a5c2
...
Gov. Phil Murphy recently signed S.1567 into law, making New Jersey the first state to mandate a commuter benefit, though New York City and San Francisco have similar laws.
In short, New Jersey\'s law requires employers in the state to offer pre-tax commuter benefits to employees. While the law is currently in effect, it is not operative until the earlier of: 365 days following the date of enactment (March 1, 2019), or the eff...
Business Questions? NJBAC Has Answers. https://www.nj.gov/state/bac/bac-about.shtml
The New Jersey Business Action Center (NJBAC) is a business-first resource that can help you get answers from government agencies, direct you to appropriate officials or contacts, facilitate meetings and follow-ups with regulatory agencies and so much more, all at no cost and strictly confidential.
...
Gerard has 20 years experience in the employee benefits field.
BenAdvance is offering NJTMA business owners an incredible employee benefits program where the employees can receive voluntary benefits at no change in their take home pay, and the employer receives a FICA tax reduction.
We look forward to hearing from everyone soon !
...
Join the NTMA Greater Delaware Valley Chapter for our Robotic Machine Tending Demo co-hosted by Alta Enterprises and Automation Distribution.
October 24 starting at 5:45 pm
Alta Enterprises - 2600 Saucon Valley Road, Center Valley, PA
Light refreshments served followed by Networking at the Promenade
RSVP to chip@tridentplastics.com or by the link
...
Compliance teams have been inundated with calls and emails from clients regarding ACA penalty letters coming from the IRS, representing thousands upon thousands of dollars. And rather than slowing down, the pace of outgoing penalty letters is set to increase substantially.
In fact, with renewed focus, upgraded technology and agent support, the IRS has significantly ramped up efforts to assess penalties for non-compliance with the ACA employer mandate (also known as Employer Shared Res...
Check out this article featuring an interview with August Grimm on KWG’s purchasing decisions for the HBE-321A Behringer Saw.
...
On Monday, June 24, the President signed an executive order designed to increase price transparency in healthcare. “To make fully informed decisions about their healthcare, patients must know the price and quality of a good or service in advance,” the order states. “With the predominant role that third-party payers and Government programs play in the American healthcare system, however, patients often lack both access to useful price and quality information and the incentives to find lo...
Here's information on the NJMEP Apprenticeship program structure:
https://njtma.com/wp-content/uploads/2019/03/NJMEP-Apprenticeships.pdf
...
When it comes to compliance, most everyone agrees that the privacy regulations set forth by the Health Insurance Portability and Accountability Act (HIPAA) are critical and worthy of being upheld – even if doing so means extra effort (and expense) by those entrusted to handle such personal data and information. For healthcare organizations, a full commitment to HIPAA compliance is obligatory but there are other groups that are similarly implicated. Those include organizations that may handl...
The IRS has started to issue a new round of ACA penalties that focus on failure to distribute 1095-C forms to employees and to file 1094-C and 1095-C forms with the federal tax agency by required deadlines. These are penalties in addition to penalties for not offering the required healthcare coverage.
In the final days of 2018, the agency started assessing penalties to organizations that failed to file forms 1094-C and 1095-C with the IRS or furnish 1095-C forms to employees under IRC...
PriorityOne Group, a New Jersey-based provider of integrated IT services across multiple industries, is hosting a series of complimentary webinars covering some of the most significant cybersecurity issues facing businesses today.
The first program in the series, Why Your Cybersecurity Approach Matters, is scheduled for Jan. 16, 2019, from 11:30 AM - 12:00 PM EST. Presenters will discuss the following:
According to Shahryar Shaghaghi, Head of International BDO Cybersecurity, “All it takes is one weak link in the security chain for hackers to access and corrupt a product feature, an entire supply chain or a critical piece of infrastructure. The stakes are too high in the manufacturing industry for complacency or inattention. Security can no longer be considered an add-on to products and processes.”
Top 20 Risk Factors Facing Manufacturers
Cybersecurity is...
Coverage of NJTMA's September, 26, 2018 meeting on 3D manufacturing.
BY ANTHONY BIRRITTERI, EDITOR-IN-CHIEF ON SEP 27, 2018
3D printing will deliver a revolution to the manufacturing industry, but implementing the technology is still filled with challenges, according to Robert Hassold, founder and CEO of Cimquest, Inc., who was the keynote speaker at last night’s New Jersey Technology Manufacturing Associ...
Gov. Phil Murphy kept a campaign promise when he signed a law that would guarantee people who work in New Jersey would be able to take an occasional sick day without losing any pay.
New Jersey became the 10th state in the nation to enact paid sick leave legislation.
NJTMA welcomes Investors Bank as a new sponsor of the NJTMA Scholarship Fund, which supports students preparing for careers in manufa...
New Jersey will be one of three states and the unincorporated U.S. territory of Puerto Rico to take part in the nationwide National Policy Academy, aimed at developing best practices for their respective local manufacturing industries, according to the New Jersey Economic Development Authority.New Jersey w...
Hello All,
One of Brown & Brown\'s carriers, CNA, recently shared the attached article with me and I wanted to pass it along to all of you. It highlights the emerging cyber risk in the manufacturing industry, and gives examples of how manufacturers are exposed to a cyber related claim. If anyone has any questions related to Cyber Liability please do not hesitate to reach out to me.
Sincerely,
Brendan Garry
...
Thanks to NJTMA Board member Herb Olbrich for this link to Manufacturing news.com This is a good way to stay abreast of the industry in our region and the nation.
...Thanks to Ray Vaccari and MFG TALK RADIO (www.mfgtalkradio.com) introducing us to this timely article.
...
Esco Optics is looking to add eager and reliable employees to our optical fabrication team. A growing optical manufacturing company in Oak Ridge we have opportunities for candidates with optical experience as well as recent graduates or introductory roles in manufacturing/shop work. Beginner candidates should be willing to work in a shop space with manual and CNC-fabrication software. Our team ranges from tenured employees of 40 years+ to recent vocational school graduates. Interested or woul...
The cost of family coverage offered through employers' health plans is expected to rise only modestly this year, but that still will push the average cost past $28,000 for family coverage, Milliman Inc. said in the 2018 Milliman Medical Index report.
The total cost of coverage for a family of four under an employer-sponsored preferred provider organization plan — including pr...
New Policy Proposal
During President Trump\\\\\\\'s speech, the Department of Health and Human Services released what it called a blueprint titled \\\\\\\"American Patients First\\\\\\\" with details of the plan. \\\\\\\"American Patients First\\\\\\\" proposes:
• A potential requirement for drug makers to disclose the cost of their medicine in television advertisements
• Banning a pharmacist \\\\\\\"gag rule,\\\\\\\" which prevents druggists from telling customers wh...
A group of Democratic senators on Wednesday introduced an expanded public option for health insurance as the party debates the next steps to build on ObamaCare.
The new proposal, called the Choose Medicare Act, was introduced by Sens. Chris Murphy (D-Conn.) and Jeff Merkley (D-Ore.), both seen as potential presidential contenders, though Murphy has said he is not running in 2020.
The measure has no real chance of becoming law anytime soon, but is part of a growing debate a...
On September 7th the NJTMA hosted our summer dinner meeting at the Kenilworth Hotel. The meeting covered different ways our members can help to increase their marketing presence on the web.
Vesna Day from NJ Advanced Media presented on how their company has been helping businesses in NJ start or advance their digital marketing campaigns. For more information you can visit NJ Advance Media
Following Vesna\\\'...
With the launch of the new NJTMA website B&M now has a new listing on the web. Check out our complete profile to learn about our business and how we can help you with all your machining needs.
...
With Congress back in session after its summer recess, both the House and Senate are working to address several high priority issues – including some, such as the budget resolution to repeal and replace some parts of the Affordable Care Act (ACA), that require action by the end of the fiscal year, Sept. 30. At this point, the ACA remains the law of the land, despite several attempts within Congress to pass a repeal bill under the 2017 budget reconciliation process. While health care talks a...
Here are some pictures of some of our services.
...
Allendale provides operator and programming training throughout the year. For more information about upcoming training opportunities, contact the Allendale at (201) 327-5215 or by using the training form in the attached link.
...
Kenilworth, NJ- Evolution Machine Products, Inc. has added a new Haas VF2 Milling Center to our milling cell. The new machine was purchased through HFO Allendale Machinery Systems and includes extended automation with a Renishaw Intuitive Probing System onboard. The probing system makes changeovers much quicker by automating ...
Arm-R-Lite is proud to introduce our exclusive push-out awning windows which can be fabricated into any new Arm-R-Lite glass and aluminum garage door. Awning windows allow customers to open a window within the garage door to ventilate or let in fresh air. Arm-R-Lite’s exclusive awning windows are easy to operate and available for both fixed and operational garage doors. Custom colors and screen options are available. Arm-R-Lite’s exclusive awning windows can also be used in both comme...
On May 10, 2017 Allendale Machinery Systems Hosted a Haas Demo Day at our Upper Saddle River, NJ Location. Customers were able to visit and see cutting demonstrations on 5 new Haas machines. Along with Machines we had 20 tooling and accessories vendors on hand to discuss with customers the latest technologies available to the manufacturing world.
After visiting the showroom customers were able to get lunch from any of the 3 food trucks we had on site. The event was a huge succes...