Manufacturing

We bring a competitive advantage to our manufacturing clients through our extensive industry experience.

Minnesota Manufacturing Accounting Services.

As you push your shop floor to run faster, leaner and more efficiently, you need people who can help you apply the same principles to your business office. In today’s competitive environment, manufacturers need to have good systems in place to monitor and control all phases of their operations. How can we help your manufacturing business plan for the future?

We work with approximately 100 Minnesota manufacturing companies helping them grow with accounting and consulting solutions.

We understand the industry and what keeps you up at night

Staying in Compliance with laws & regulations

Cash flow & Forecasting

Inventory Cost

Maximizing Profit Margins

U

Labor Issues

Q

Shortage on Materials & Parts

Planning for growth & expansion

specialized manufacturing industry services

Let’s start the conversation.
Contact us today to schedule a consultation with one of our industry experts.

Actively involved in the industry we serve

Why Manufacturing Clients Choose Us

“Smith Schafer is always looking out for our best interest, and we have developed a very trusting and personal relationship. They are patient and forthcoming when dealing with my questions or concerns. Smith Schafer is a solid choice for our company.

 – Novak Hydraulics & Machining

“The interactions I have had personally with Smith Schafer professionals have always been fantastic and other employees within my company have had the same experience.

 – LitinPak

“We have been looking for an accountant that could understand what we do. We found them!

 – Trax Automation

“Trusting relationship. Smith Schafer understands the needs of our business.”

 – Innovative Tools & Technologies

Manufacturing Industry Resources

Manufacturers: Importance of Buy-sell Agreements

Manufacturers: Importance of Buy-sell Agreements

Creating and operating a business usually starts with a great idea, capital investment by one or multiple owners, and hard work. While the main focus of an owner should be on day-to-day operations, there are always items that should be in the back of their mind for events down the road.

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4 Manufacturing Industry Issues & Trends for 2022

4 Manufacturing Industry Issues & Trends for 2022

The manufacturing industry continues to grow, even with labor and supply chain challenges. According to the May 2022 Manufacturing ISM Report, the US manufacturing sector’s economic activity grew for the 24th consecutive month

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Metrics & Benchmarking for Manufacturing Companies

Metrics & Benchmarking for Manufacturing Companies

Due to the disruption in the global markets and forced shutdowns, the COVID-19 pandemic has led to conditions that negatively affected most manufacturers. Noticeable effects of the pandemic include weak commodity prices, trade tensions, and restrictions, such as with Canada.

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