Target on Safety: The Basics of Hazard Communication

November 1, 2021

MF Business Edge
Executive Insights
Mary Fitzgerald
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Harbour love letters
Laurie Harbour
EEOC COVID-19 Update Addresses Religious Objections to Workplace Vaccine Requirements
The U.S. Equal Employment Opportunity Commission (EEOC) recently posted updated assistance related to the COVID-19 pandemic, specifically addressing questions regarding religious objections to employer COVID-19 vaccine requirements. The new information explains how Title VII of the Civil Rights Act of 1964 applies when someone requests an exception from an employer’s COVID-19 vaccination requirement that conflicts with their sincerely held religious beliefs, practices or observances.

“This update provides employers, employees and applicants with important assistance when navigating vaccine-related religious accommodation requests,” says EEOC hair Charlotte A. Burrows. “Title VII requires employers to accommodate employees’ sincerely held religious beliefs, practices and observances absent undue hardship.”
Target on Safety: The Basics of Hazard Communication
From Ron Pitcher, president of Pitcher Insurance Agency, specialists in risk management and insurance for the metal forming industry, comes this primer on hazard communications, the importance of Safety Data Sheets and the proper labeling of product containers.

“Supervisors should ensure that employees know where all SDS are located,” Pitcher says.  “Employees should familiarize themselves with the SDS for any hazardous material they work with or may be exposed to in the workplace, to fully understand the risks and take appropriate precautions, and know how to find information quickly in the event of a spill or accident.”

Regarding labeling requirements, every container, says Pitcher, must include:
  • Product identifier
  • Supplier information
  • Pictogram
  • Precautionary statement
  • Signal words
  • Hazard statement.
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NAM Pushes Back on Global Minimum Tax Hike
The National Association of Manufacturers (NAM) has launched an attack on congressional efforts to increase the minimum tax on U.S. companies’ foreign earnings. The United States already has a global minimum tax, called the global intangible low-taxed income tax (GILTI), on the foreign earnings of U.S. multinational corporations. Now, the pending House reconciliation bill would increase the GILTI rate from the 13.125 percent to 17.4 percent. 

This recent NAM survey presents the impact of such a tax hike.
Deadline for Machine Tool Tax Write-off Approaching
This year, section 179 of the internal revenue code, How to Depreciate Property, allows business owners to expense up to $1.05 million on work-related equipment, including machine tools. The deduction is applied to your tax return, and the amount generally increases annually with inflation. It can save you more money at the outset, rather than depreciating machinery over several years.

This article serves as a brief overview of section 179 and bonus depreciation.

Industry-Related Terms: CNC, E-Mail, Forming
View Glossary of Metalforming Terms



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