The Three Challenges Contract Chemical Manufacturers are Facing Today

The source of chemicals used in so many finished products today doesn’t come from the manufacturers of those products. On the contrary, it’s the contract chemical manufacturers that often provide businesses those chemicals used in the products. Businesses may decide to use contract chemical manufacturing services to process company-acquired ingredients into finished chemical components or as a source to provide specialty formulas.

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An Increasingly Diverse Population – Driving Changes in the Marketplace

Our recruiting specialists at Key Corporate Services’ Food Ingredients division follow trends in the food industry closely as they place top candidates in executive positions. One undeniable trend relates to the changes in consumer preferences at the retail level brought about by an increasingly multicultural society. As our society becomes more diverse, we are seeing a trend towards spending more in the meat and seafood department than any other fresh department.

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Automation – It is affecting the landscape for all job segments!

From driverless cars, to virtual assistants Siri and Alexa, to robotics on the assembly line, rarely does a day go by without news of digitization, artificial intelligence and virtual reality impacting our lives in some way. While it’s a fact that the job market has made remarkable gains in the past year, automation is destined to change nearly everyone’s job in some way in the coming year.

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Asset-Based Lenders – Providing Scalable Partnership for Hard-to-Find Capital and Extra Liquidity

For many lower-and/or middle-market companies with at least $10 million in revenue, asset-based lenders have become the bedrock debt capital partner in their rise to bankability. ABLs provide a source of financial solutions to businesses going through transformational periods by creating a structure to leverage assets. They are situated in the middle of the credit spectrum with a higher credit quality grade than factors, but lower than a bank.

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