MDNA Bi-weekly
Nov. 26, 2013

2014 January Board Meeting hotel cut-off date is Dec. 30
MDNA
The MDNA Board Meeting is open to all members in good standing. MDNA Board of Directors meeting is Jan. 26, 2014 at the Waldorf Astoria Naples in Naples, FL. Click here for the hotel reservation form. Not sure if you've made your reservation? Click here for a list of board members we have heard from.More

Prospective Premier Vendor
MDNA
The Premier Vendor networking and marketing program is designed to strengthen and broaden the relationships between MDNA members and our key industry supporting vendors. Below is an applicant. Please review their information. The review committee will be considering this company this week. If you have any concerns about this Premier Vendor Applicant please notify the MDNA National Office.

Baytree Financial Group

721 N. McKinley Rd., Lake Forest, IL 60045
Phone: 847-283-7264
egustin@baytreebank.com
www.baytreebank.com
Principal(s): Eric Gustin
Established: 2000
Sponsors: Arlington Plastic Machinery; Perfection Machinery Sales
Specialty: Operating as a direct lender — not a broker — Baytree Financial Group provides businesses across America with a broad array of competitively priced equipment financing options including $1 purchase option and FMV leases, deferred payment leases, seasonal payment plans and our unique Bridge Lease — designed to provide up to six months for a customer to decide how to pay for equipment after they take delivery of the equipment. We offer no cost, no obligation payment quotes.
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Chapter Meetings
MDNA
All members are encouraged to attend Chapter meetings and all members are invited to attend meetings outside their own Chapter. The following are upcoming Chapter events that are scheduled. Click on the chapter meeting for more details on each event:

Cleveland Holiday Party - Dec. 6 - click here for details...

Ohio Valley Chapter Meeting - Jan. 15, 2014 - click here for details...
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Wants & For Sales
MDNA
Click here for Detroit/Toledo Chapter Meeting — Nov. 6

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Abbott-DiPaolo Chapter Challenge
MDNA


Current Standings
(as of Nov. 1)

Division I – 931
(Chapters Included: Chicago, New England, Southwest)

Division II – 522
(Chapters Included: Detroit/Toledo, European, Ohio Valley)

Division III – 831
(Chapters Included: West Coast, Milwaukee/Minneapolis, New York/New Jersey)

Division IV – 852
(Chapters Included: Cleveland, Canada, Philadelphia, Southeast)

You can find the current scores and point generators on the MDNA back office. More

New contact information
MDNA

LiquiTec Industries, Incorporated/AccuVal Associates (Branch)

21949 Plummer Street
Chatsworth, CA 91311
818-350-8060
More

2014 January Board Meeting hotel cut-off date is Dec. 30
MDNA
The MDNA Board Meeting is open to all members in good standing. MDNA Board of Directors meeting is Jan. 26, 2014 at the Waldorf Astoria Naples in Naples, FL. Click here for the hotel reservation form. Not sure if you've made your reservation? Click here for a list of board members we have heard from.More

Auction Reports
MDNA
The 2013 3rd quarter auction report is now available for download. You can also view the full report by visiting the MDNA back office.More

2013 Weekend with the Pros was a huge success
MDNA
Click here to view the photos.
More

US manufacturing PMI rose in November
FinFacts
At 54.3, the Markit Flash U.S. manufacturing PMI — which is based on approximately 85 percent of usual monthly survey replies — rose to an eight-month high in November. This was up from a one-year low of 51.8 in October. Meanwhile, the three-month average of the PMI, which gives an indication of the underlying trend, was at 52.9, consistent with an ongoing modest improvement in manufacturing business conditions.More

Intel looking for more contract manufacturing
Reuters
Intel CEO Brian Krzanich said he would expand his company's small contract manufacturing business, paving the way for more chipmakers to tap into the world's most advanced process technology. With Intel far behind rivals in making chips for smartphones and tablets, many on Wall Street have urged the company to expand its contract manufacturing business, which currently contributes little to its overall revenue, and to open its factories to high-volume clients making mobile processors.More

Beyond insurance: How to protect both the business and personal assets
By David B. Mandell, JD, MBA, and Jason M. O'Dell, MS, CWM
In our litigious society, business owners, as well as their companies, are high-visibility lawsuit targets. Lawsuits and claims from employees, customers, competitors and even the government are part of doing business today — in virtually every field, including manufacturing. Unfortunately, many such owners and business executives think that insurance is the only viable protection tool to shield their businesses and themselves from such litigation risks. However, as we will explore in this article, insurance policies have their limitations and drawbacks. Moreover, there are other techniques that can be explored to shield and build wealth and often save taxes. If you are interested in learning how to shield your business and personal assets while also reducing taxes and building wealth, please read on.More

Tax proposal for an economy no longer rooted in manufacturing
The New York Times
A tax proposal released by the chairman of the Senate Finance Committee, Max Baucus, addresses a topic that tends to make eyes glaze over: cost recovery. Cost recovery is a technical topic but one that may shape our economic future, because it affects the calculations of every business manager making a decision about what projects to pursue and what assets to buy.More

Weak manufacturing growth forces dip in mortgage rates
National Mortgage Professional
Freddie Mac has released the results of its Primary Mortgage Market Survey, showing average fixed mortgage rates declining amid weaker manufacturing growth and declines in overall inflation rates. The 30-year fixed-rate mortgage averaged 4.22 percent with an average 0.7 point for the week ending Nov. 21, down from 4.35 percent.More

Shoelaces shine a spotlight on American manufacturing
PSFK
Led by Jake Bronstein, founder and CEO of made-in-America brand Flint and Tinder, the Bluelace Project aims to create more awareness and build a stronger support for American-made products by making blue laces the symbol for American manufacturing. The project creators hope to make the blue-colored laces a symbol that is comparable to the yellow ribbon symbolizing support for the US troops. To "lace up blue" lets U.S. retailers know that consumers are supportive of US-made products. To "lace up blue" also lets manufacturers know that consumers still appreciate their work.More