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Manufacturing & Distribution

Manufacturing & Distribution - Accounting & Tax

The manufacturing and distribution sector has historically been the backbone of the American economy. Businesses range from transportation equipment, computers, electronics, textiles, foods, chemicals, machinery, and metal products, to plastics and paper. The majority of firms are small businesses with annual sales under $1 million. In fact, just 6,000 companies have annual sales of over $50 million and the top 200 produce more than 40% of the total sales each year. For every 1.00 spent in manufacturing another $2.79 is added to the economy.

Dermody, Burke & Brown (DB&B) serves all kinds of manufacturing clients. No matter the size of the business or the products being produced, manufacturers face similar operational issues including labor relations, research and development, quality control, inventory, cost control, process and product improvement, and adherence to government regulations. At DB&B, we believe that manufacturing and distribution companies need a highly proactive and informed accounting and financial management team they can trust.

Industry Focus

DB&B, we focus on understanding exactly how each manufacturing client generates profits so that we can provide truly insightful advice to help clients tighten operations, collaborate more efficiently, meet competitive market conditions, and grow your business. This broad view has led us to develop a cross-functional Manufacturing Service team headed by a Member/Principal, who maintains contact year-round to bring clients high-level, innovative strategies for tax savings and business improvements. The team also includes a cadre of tax specialists, to ensure that tax strategy is fully considered and each engagement is seamless and minimally intrusive for clients’ internal accounting staff. DB&B involves clients fully during the financial statement review and fieldwork processes to expedite any decisions necessary to keep the process timely and on track.

In the event that an unusual or particularly challenging issue arises, DB&B’s affiliation with Allinial Global allows our team to tap into a wealth of Manufacturing & Distribution experience of other top tax practices. Allinial is an association of legally independent accounting and consulting firms that seamlessly share training resources, best practices, information and expertise. Our firm is also a proud member of the Manufacturers Association of Central New York (MACNY).

Our Services Include

  • Budgetary control & balance score controls
  • Business coaching
  • Cash flow forecast & projections
  • Consulting
  • Cost segregation
  • Cycle counting
  • Cycle time reductions
  • E-business strategy
  • Identification of state & local incentive programs
  • International transactions and tax consequences
  • Inventory management & controls
  • Mergers & acquisitions for targeted and acquired companies
  • Operations review & assessment
  • Optimizing state & local taxation
  • Process improvement & redesign
  • Product cost analysis to maximize proficiency
  • Real estate component depreciation
  • Sales/Management/Customer Service Training Programs
  • Strategic planning
  • Taxation
  • Tax incentives for companies with foreign sales

“Cathedral Candle Company has been in existence for over one hundred years and over fifty of those years have been with Dermody, Burke & Brown. As our fourth and fifth generation of Steigerwalds take the lead, our accounting firm continues to provide us with proactive, insightful advice that contributes to our current and future growth – lighting the way for our next one hundred years.”

President, Cathedral Candle Company
Louis Steigerwald III

“We have developed a strong relationship with Dermody, Burke & Brown that transcends numbers.  They are true business professionals and have contributed to our long term success.”

Nick Matt
CEO, Matt Brewing Co.

“Early on we recognized we needed a strong, reputable firm with a regional presence.  Dermody, Burke & Brown took the time to understand our business challenges and offered us valuable advice that was critical to our long-term growth and success.

John F. Currier
President, Currier Plastics, Inc.