Industrial and Consumer Products
In today’s fast-moving market, industrial and consumer product companies face increased pressure to streamline business operations, manage supply chain disruption, navigate the implications of a rapidly changing tariff and global trade landscape and adapt to shifting consumer demands, all while delivering value to stakeholders.
Withum’s Industrial and Consumer Products (ICP) Services Team supports businesses across the full product lifecycle — from family-owned and closely held companies to multinational operators and publicly traded enterprises. Whether you’re scaling manufacturing, navigating distribution challenges, optimizing direct-to-consumer sales or expanding a restaurant group into new markets, we deliver tailored solutions that integrate financial insights, operational efficiency, seamless compliance and technology-driven strategies. Backed by decades of accounting, tax and advisory experience in the industrial manufacturing and consumer goods sectors, we help you stay ahead of regulatory changes, market shifts and evolving supply chain dynamics.
Who We Help
- Manufacturers and Distributors
- Wholesalers and Retailers
- Transportation and Logistics Companies
- Franchises
- Restaurants, Breweries and Distilleries
- Food Processors and Beverage Distributors
- Cannabis Cultivators, Dispensaries and Multi-State Operators
Industrial and Consumer Products Lifecycle
Industrial and Consumer Products Industry Challenges
- Supply Chain Compliance
- Inventory Management
- Tax Planning and R&D Credit
- ERP, Financial Reporting and Modeling
- Regulatory Compliance
- Business Expansion, Investment and Succession Planning
- AI and Technology Adoption
- Cybersecurity and Data Protection
Industrial and Consumer Products Services
Accounting and Auditing Services
Tax
Services
Contact Us
For more information or to discuss your business needs, please connect with a member of our team.
Featured Insights
Recovery, Deferral, Mitigation – Options to Limit Tariff Impact and Optimize Working Capital
When tariffs disrupt supply chains, companies face an important decision of how best to weather the storm. Tariffs can be majorly disruptive and increase complexity, including rising costs, sourcing and […]
Risk and Reward: The NIL Era
College football has undergone a seismic shift in the past three years, driven by the introduction of the transfer portal and Name, Image, and Likeness policies. NIL has transformed the […]
LLCs vs. S Corporations vs. C Corporations: Choosing the Right Entity for Your Business
When starting your business—especially in the food and restaurant industries—one of the most important decisions you’ll make is selecting the legal structure for your company. Each type of entity—LLC (Limited […]
Leadership
Client Testimonials
Located in Garfield, NJ, Brimar Industries and Signs of Security (a division of Brimar Industries) typically produce and distribute safety signs and pipe markers. Brimar came up with the idea to utilize Brimar’s facility and supplies to help the medical community, in this case by producing facial shields. They were able to utilize the resources they already had in stock, as well as their relationships with suppliers to produce 200 face shields a day, donating hundreds of masks to four different hospitals and health centers.
Brimar Industries, Inc.
Peabody, MA-based Prattville Machine & Tool Company typically manufactures components for the defense, medical and semiconductor sectors. Working with a Harvard University and Boston Children's Hospital, they have pivoted to develop alternatives to the N95 mask, implementing out of the box concepts and utilizing their 3D printing capacity to produce components that allow standard anesthesia masks to be used in place of N95 respirators.
Prattville Machine & Tool Company
New York-based Urban Electic Power, Inc. (UEP) realized they could shift production to meet the demand for hand sanitizers and battery power packs for ventilators. UEP's existing vision to provide affordable power to everyone using earth-abundant and safe materials enabled them to fill a need for power in a new way to keep society safe.
Urban Electric Power, Inc.
Industry Involvement
