Growth Through Innovation - Matching Market Needs with Available Technology

Is your company interested in expanding product offerings? Join us to gain insider knowledge on market trends, accessing innovations and partnership opportunities. 

Date: March 30

Time: 8:30 a.m. - 1:00 p.m.

Cost: $35

Location: Knoebel School of Hospitality Management at the University of Denver

More Info & Register: Click Here

Program Highlights:

• Partnership opportunities in commercial space and clean energy with NASA, NREL and other potential technology partners
• A panel discussion about the convergence of aerospace and clean energy industries and what that means for Colorado companies
• Results from the CAMT-commissioned study on clean energy market needs and commercialization challenges
• IDC Energy Insights' Top 10 Predictions for North American smart grid and clean energy markets in 2011

Be sure to join the U.S. Patent Office's workshop following the forum from 1:30 p.m. - 4:30 p.m. to learn how to protect your intellectual property in the global marketplace.  

CAMT helps Dawn Foods become best performing plant 

"The Denver site has been recognized as the most improved and best performing plant out of 8 facilities. This is an honor shared with our partners at CAMT." - Ken Stanford, General Manager

Dawn Food Products Denver is a  manufacturer and distributor of bakery products. The fourth largest out of eight facilities, the Denver facility employs nearly 150 individuals with $112,000,000 in annual sales.

In 2008, the Denver Dawn facility production levels increased due to general business growth and the addition of a new canned product, making Lean continuous improvement programs essential to facility success. CAMT helped Dawn identify and apply for multiple grants to contribute to training and implementation costs, and then built and implemented a comprehensive continuous improvement plan to reduce costs and improve efficiencies.  

 Results:

• $1,000,000 in Increased Sales
• $3,500,000 in Retained Sales
• $905,000 in Cost Savings
• 17 Jobs Created
• 10 Jobs Retained

To read the full Dawn Food Products Success Story, Click Here. 

Proposed NIST programs in the Administration's FY12 Budget

By themselves, the nation's manufacturers would rank among the world's 10 largest economies, thanks, in large part, to the sector's nearly 12 million employees, one of the most productive manufacturing workforces ever. But U.S. industry faces relentless competition that has trimmed the nation's share of global manufacturing output from 25% in 2000, to about 20% today.

President Obama's FY12 budget recommendation addresses this problem by proposing funding of strategic NIST (National Institute of Standards and Technology) programs designed to encourage competitive manufacturing and construction in a Clean Energy Economy.

In addition to expanding the Manufacturing Extension Partnership (MEP) program, of which CAMT is the Colorado affiliate, the budget recommends a number of new programs to further robotic and nano-manufacturing technologies, develop and implement green manufacturing practices and techniques, and encourage "quick turn-around, small-batch production of complex, customized products."

To read more about the proposed programs, click here. 

Your manufacturing equipment could be tax-deductible!

Now may be the time for your company to purchase or lease new equipment and take advantage of the expense deduction or depreciation provisions of the Small Business Jobs and Credit Act of 2010.

Here's how your company could benefit: 

• Bonus depreciation-- The Act contains a provision for accelerated ("bonus") depreciation of an additional 50% of the cost of qualified business assets purchased and put into use in 2010.
• Expense deduction-- If your company buys certain categories of equipment in 2010 or 2011, you may be able to deduct the full cost, up to $500k, as an expense on your taxes.

Ask your accountant or email us to learn more.