Section 179 Federal Income Tax Deduction for 2016

Section 179 Federal income tax deduction for 2016, allows a company to deduct the first $500,000 of equipment (Section 179 Property) purchased in 2016 from their taxable income. 2016 Deduction Limit = $500,000 This deduction is good on new and used equipment, as well as off-the-shelf software. This limit is only good for 2016, and… Read More »

Have You Seen Our New Warehouse?

We’d like to invite everyone out there who’s interested in buying used manufacturing machinery and industrial equipment to visit our new and improved virtual warehouse. That’s where you’ll find more than 65 categories of high quality, reasonably priced used manufacturing machinery we’re currently representing. Browse milling machines, machining centers, lathes, transfer press and more. Those… Read More »

Made in America

Bringing Back “Made In America” Posted by Zachary Smith , May 22, 2015 Digital Marketing Associate at ThomasNet Reposted by GreasyMachines.com June 1, 2015     With a noticeable uptick in manufacturing jobs, more buyers looking for US-based suppliers, and businesses making “Made in the USA” commitments, it’s safe to say reshoring isn’t just a trend… Read More »

Goodbye MSDS. Hello SDS.

Who thought the day would come when our laboriously compiled Hazard Communication program MSDS files would become obsolete? Well, June 1st is the end.  All MSDS files will be replaced by the new internationally recognized SDS sheets provided by your suppliers.  They are basically the same as the previous MSDSs except now in uniform format. … Read More »

Chinese Manufacturers May Be Cheaper in the Short Run

Perhaps you saw CBS 60 Minutes last Sunday (March 1) showing a story about some Lumber Liquidators laminated flooring and how it badly violates California formaldehyde emission standards.  The CEO of Lumber Liquidators vowed that he would be immediately on the case to verify CBS’s findings or to debunk them. Regardless of the outcome, Lumber… Read More »

Manufacturing Start Up? How GreasyMachines Can Help You

Manufacturing companies are among the most difficult to launch. Unlike many of today’s tech and service oriented start ups, a new manufacturer must make a considerable up front investment in equipment. At the same time, funding sources are relatively wary about extending significant amounts of capital to new manufacturers. GreasyMachines is a used manufacturing machinery… Read More »

Considering a Refurbished Used Bridgeport? The Top 4 Questions You Need To Ask

Manufacturers love Bridgeport mills, particularly those machines that were made in Connecticut prior to 2002. Many of these mills have been in service two decades or more. Over the course of time and regular usage, it’s expected that some condition issues will arise, and that those issues will be addressed through prompt repair or refurbishment…. Read More »