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 »
Reputable machine brokers are able to find almost any machine you need. Remember that their primary interest is in you, the customer. They have no warehouse full of cold iron in which they have invested big bucks. A dealer has a vested interest in selling his inventory in order to turn over his inventory. He… Read More »
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 »
Olin Brass published this article on their March 23, 2015 newsletter. Very informative. Copper alloys are common in the transfer press world. Sustainability Spotlight: Copper Recycling March 23, 2015 Copper was the first metal put to use by mankind, and almost certainly the first to be recycled. How can we know that? Because as precious… Read More »
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 »
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 »
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 »
Safety should always be the top priority in any industry. The right for all workers to be safe from hazards is the law as stated by the OSHA act of 1970. Modern machining processes are designed to eliminate or make manageable all hazards that might be faced by the operator. There are many ways to… Read More »
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 »
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 »