You’ve been in business for several decades or recently purchased an older, established machine shop from another proprietor and you’re sensing a squeeze from more competition and smaller margins. Long-standing clients brought their prototyping in-house and are looking for ways to shave costs on manufacturing runs, pushing your prices lower to retain their business. Is now […]
Planning for the Long Haul: Lease or Loan for Industrial Equipment
Running a machining or manufacturing business? Then you know it doesn’t take long before you’re in a position where you either need to expand or replace your equipment and tooling. Everything from wear and tear to increase in sales to shift in the market and marketable products will influence the direction you take with regard […]
Section 179 Updates: What’s Changed For 2018
If you’ve been following national news since mid-December, you’re probably all-to-familiar with the new tax cuts the current Administration championed, and Congress ultimately signed into law. Lawmakers on both sides of the aisle were speculating on the economic impact at the micro and macro levels, and as the dust settles, a few areas of significant […]
Choose Quality Over Cost and You’ll Usually Get Both
When shopping for new industrial equipment for your business, we’re often faced with a range of options, from vintage used machines to the Cadillac from top labels and everything in between. Whether you’re looking to purchase with cash or finance, it’s easy to start your evaluation with the lower cost units first, however it’s important […]
4 Reasons To Invest in New Packaging Equipment Today
With summer months coming to a close and our focus shifts back from family vacations to getting our hands dirty within our businesses, it’s also a great time to review the capital budget and current assets to identify opportunities for greater operating efficiency or higher performance and output. While there may be dozens of reasons […]