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August 2020 Manufacturing Internal Newsletter

By Elly Ohnstad | August 27, 2020

A monthly dive into AEM’s Manufacturing segment – from cash receipts to client news and more. Questions about the segment? Reach out to Tara Torseth to get the latest details!

August 27th, 2020

By the Numbers

Year to date

The Management Letter

The team tackled a lot of issues in this meeting, including association involvement, future manufacturing training topics, content development and top clients.

We are excited that Judd is back and hope that he enjoyed his break from the office. The two of us are meeting next week to discuss what we have been up to and the open items to continue to move forward.

– Tara Torseth   |  Interim Segment Leader

Client Chronicles

Lakeshirts/Blue 84  |   2020 Manufacturing Excellence Award honoree

Blue 84 is a wholesale supplier of custom-designed apparel and accessories located in Detroit Lakes, MN. They focus on production, artwork and design techniques for custom garments and target the resort and college markets. They became a client in 2018 from a referral source and we provide many services, including audit, financial statement prep and Due Diligence work. 

Like many companies, 2020 was expected to be a banner year for Lakeshirts. Through February, they had posted 38 straight months of record monthly billings. Then came COVID-19. By May, 50% of their orders were cancelled. But Lakeshirts has been able to shift to other type of production related to combating the virus. The company’s nimbleness and durability is helping get it through these uniquely stressful times. Because of this they are a 2020 Manufacturing Excellence Award honoree from Twin Cities Business.  https://abdosolutions.com/wp-content/uploads/2020/08/Lakeshirts-Blue-84.mp4

The News

A monthly newsletter is sent each month to our Manufacturing contacts regarding industry happenings, important information for their business, and more. You can read our segment’s last newsletter by clicking the button below:


Last Month’s Newsletter

The

 

  • We have re-formatted the way we are tracking content that is going to out to clients, and worked on topic ideas for the rest of 2020. If you have ideas to share with our group please let us know. 
  • Discussed and assigned topic ideas for remaining 2020 bi-weekly business meetings.
  • Pipeline – Reviewed current list and discussed next steps.

Meet the Team

Interested in getting involved with the Manufacturing segment? We’d love to have you! Contact Judd today to get started and join in our next segment meeting. 

Judd Nordquist

Partner
Segment Leader


Learn More

Tara Torseth

Partner

Learn More

Scott Mason

Partner

Learn More

Jay Dunphy

Partner

Learn More

Doug McDonald

Partner

Learn More

Scott Danger

Partner

Learn More

Melissa Hopke

Senior Accountant

John Juntunen

Senior Accountant

Darin Styles

Senior Manager

Matt Nistler

Manager

Tyler Petzel

Manager

Laura Jans

Senior Accountant

Posted in News and tagged Internal Newsletter

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