BWD Spring/Summer 2015 | Page 22

22 BWD | Spring/Summer 2015 By Garrett Klein, CPA, CGMA and Mike Powell, CPA, MST, CMP Five things you need to know about manufacturing today Manufacturing has changed dramatically over the last 20 years — an evolution that continues today. In such a dynamic environment, it’s crucial to stay current with developments impacting the market. Here are five insights about today’s manufacturing environment that could help your business immediately. ABOUT THE AUTHORS Garrett Klein is a Principal at Rehmann and leads the manufacturing services group for the Firm. He has extensive experience in dealing with and consulting for closely-held mid-sized companies. Contact him today at [email protected]. Mike Powell is a Principal at Rehmann. He assists clients with tax consulting studies including research and development tax credit studies and domestic production activity deductions. Contact him today at [email protected].