Increase your Productivity, Safety and Innovation
(Part 1 of 4 Part Series)
Date: August 24th, 2023
Time: 5:30 – 8:00 PM
Location: The Bayou Club, 7979 Bayou Club Blvd, Largo
Butler passed appetizers, one drink ticket per person, cash bar
Event Sponsored by:
Technology has always been at the forefront of advances in manufacturing. There are many new technologies currently playing a role in driving manufacturing forward. We will look at these technologies in our Roundtable series.
Who Should Attend:
Business Leaders who would like to better control and understand every aspect of their operation, and how to leverage instant data to boost productivity, improve processes, and drive growth.
Presentations:
Intro to Industry 4.0, Smart Manufacturing
Presented by Wolfgang Neuwirth, Business Advisor, FloridaMakes
What you'll learn:
- What is Intustry 4.0
- What are the Industry 4.0 technologies?
- What are the six primary reasons why companies are adopting Instry 4.0 technologies?
Cybersecurity Hot Topics
Presented by CJ Messana - Partner Account Executive and Chris Emery, Senior Solution, Abacode
What you'll learn:
- What is CMMC and how does it impact Manufacturers?
- Current state of Cyber Liability Insurance and where it is headed
Industrial IoT for Manufacturing
Presented by Daniel Koziel and Doug Adams Adams Corp.
What you'll learn:
- Increased productivity: IIoT solutions can help manufacturers optimize their operations and improve productivity by providing real-time data insights.
- Reduced downtime: Predictive maintenance enabled by IIoT solutions can reduce downtime and maintenance costs.
- Improved quality control: IIoT solutions can enable real-time monitoring of production processes, ensuring that products meet industry standards.
Research & Development Capitalization Rules
Presenter: Rob Rohrlack, DBA, CCE, President & CEO, Tampa Bay Chamber
Presenter: Ginny Veit, CPA, CGMA, Principal, R&D Practice Leader, Federal Tax Strategies, CLA (CliftonLarsonAllen LLP)
Overview – As of 2022, businesses are not longer permitted to deduct costs associated with research and development. Congress is currently considering a bill to repeal this onerous provision in the tax code. Learn what this means to our local manufacturers and what we can do in the manufacturing community to help.
Key Takeaways:
- The R&D capitalization requirement is bad for manufacturing businesses because it disallows expenses that are crucial to innovation and production.
- Congress is currently debating a bill to repeal the provision. Businesses impacted by this onerous provision may want to contact their Congressmen to let them know how badly this harms small business.
Vendors:
Anodizing, Chem Film, and SS Passivation Shop. Lockheed Martin Approved & NADCAP Accredited. Veteran & Minority Owned Business.
American Society for Quality’s local affiliate ASQ St. Petersburg-Tampa Section 1508 is excited to be involved with the Technology Roundtable. ASQ 1508 representatives will be at the event and are willing and able to inform anyone about the exciting initiatives, events, and activities focused on improving the quality profession within the local community.
