Factory Five Racing was founded in 1995. Over the years they have grown from a start-up business in a small garage to become the world's largest manufacturer of "build-it-yourself" component car kits. They employ a full-time crew of about 40 people, and are located in Wareham, Massachusetts (about an hour south of Boston). They make their products right here in the USA, in the heart of New England where American manufacturing was born. Read More..
Fred and Danny Magnanimi grew up watching their father create beautiful, handcrafted jewelry in the family's Cranston, RI jewelry manufacturing business. When the boys grew up, Fred moved to New York and began working on Wall Street as an investment banker, while younger brother Danny, still enamored by the family business, stayed home. Increased competition from overseas businesses created significant challenges for the business, but Danny was confident he could find a way for the family business to evolve and thrive. This was his mission, this was his passion. Read More..
Effective August 1, 2016, OSHA fines will increase dramatically. The maximum fine amount per violation has not increased since 1990. President Obama signed into law a “catch-up adjustment” that increases maximum fine amounts by 78% (i.e., the difference between the October 2015 and October 1990 Consumer Price Index). Thereafter, the maximum fine increases will be tied to inflation based on the Consumer Price Index. The examples listed on OSHA’s website include the following: prior to August 1, 2016, the maximum fine for “Serious Other-Than-Serious Posting Requirement” was $7,000 but effective August 1, 2016 will be $12,471. Likewise, the maximum fine for “Willful or Repeated” was $70,000 but effective August 1, 2016 will be $124,709. OSHA will issue revisions to its Field Operations Manual by August 1.