The following information is courtesy of our friends at Intech Funding NEW! Tax Incentives for manufacturing companies for 2014 $25,000 WRITE-OFF ($1 and $101 buyout leases qualify!) For 2014 the Federal Section 179 deduction has been restored to its 2001 limit of $25,000 plus an adjustment for inflation. These limits may be adjusted by changes… Read More »
Are you thinking about the Reshoring Initiative www.reshorenow.org ? This group has been publicizing the fact that not only is bringing manufacturing back to the USA, it’s probably cost effective. Quoting from their website “Reshoring is an efficient way to reduce imports, increase exports and regain manufacturing jobs in the United States. It’s also the… Read More »
The House has voted to reinstate the accelerated tax write-offs under Section 179 that expired 12/31/13. This time there is no expiration. Senate action and President Obama signature are pending. Details reported by Bloomberg http://www.bloomberg.com/news/2014-06-12/house-votes-to-give-small-business-quicker-tax-writeoffs.html Contact your senator!!
There may be bumps in the road but we are getting results in Reshoring efforts. Wal-Mart’s pressure on their vendors will be a huge incentive for manufacturers to come back home. This article written by James B. Kelleher and published by Reuters is very informative: http://www.reuters.com/article/2014/06/04/us-walmart-reshoring-idUSKBN0EF0AF20140604?feedType=RSS. Walmart’s ‘Made in USA’ push exposes strains of manufacturing… Read More »
Picked up this article from SME’s Daily executive briefings which came from a Roll Call commentary. My personal opinion on this piece. It is only common sense that our military is clothed and supplied by USA manufacturers. Anyways, I found it encouraging, hope you do also. http://www.rollcall.com/news/a_big_win_for_american_manufacturers_commentary-232680-1.html
Nobel laureate and Yale University economist Robert Shiller thinks things are looking quite stable: Read more: http://www.businessinsider.com/shiller-chart-shows-why-recession-is-years-away-2014-4?utm_source=alerts&nr_email_referer=1 Definitely worth the read. From Business Insider Rob Wile on Apr 8, 2014, 4:28 PM
I would like to recommend a group to you. It’s www.reshorenow.org This group was founded in 2010 by Harry Moser, former chairman of Agie-Charmilles, and is dedicated to assisting companies to reshore their manufacturing back to the US. Their Facebook page carries links to current articles: https://www.facebook.com/ReshoreNow. I suggest that you like it. They… Read More »
If this is an accurate assessment of Walmart’s position, it is good news indeed. Great big box store listening to my wife and others who refuse to buy things made in China. Reshore. Live Better? By now, you’re probably aware of Walmart’s 10-year, $250 billion pledge to source American-made goods for its U.S. stores. The… Read More »
I heard a broadcast on NPR while going home last evening. It made me shout Hooray! It seems that a Chinese auto glass company is buying a portion of the now closed GM Moraine Ohio assembly plant in Dayton in order to start glass production for several US companies including GM. About 800 new jobs… Read More »
Marketwatch is looking cautiously favorably on 2014. Here’s their take: us-economy-headed-toward-2014-on-upswing Our business in 2013 was the best ever. We plan to continue on this track. The stock market was up over 25% for the year. Sounds like all is in place to keep going