Part of the recent economic stimulus package signed by President George W. Bush targets small businesses and could benefit companies purchasing capital equipment for their operations this year.
An analysis of the economic stimulus package by the Manufacturers Alliance/MAPI notes that the bill allows for an accelerated deduction for the first year on capital equipment expenditures in 2008.
In an alert sent by MAPI, Tracy Hollingsworth, vice president of finance and director of the Manufacturers Alliance/MAPI Tax Councils, writes: "The temporary cost-recovery provisions are aimed at encouraging small businesses to expand and create new jobs. Taxpayers that place less than $800,000 of equipment into service in 2008 will be allowed to expense or immediately deduct as much as $250,000 (up from $128,000). The stimulus measure also increases so called ‘bonus’ depreciation from 20 percent to 50 percent for new tangible property and software with a recovery period of 20 years or less whose original use commences with the taxpayer. With some exceptions, the property must be placed in service in 2008."
>> Eriez Releases E-Z Tec Model 9100 Metal Detector LiteratureEriez’s new, state-of-the-art E-Z Tec 9100 metal detector is covered in the company’s brochure, which Eriez is offering for free.
The E-Z Tec 9100 is designed to serve the plastics, rubber, recycling and chemical industries.
According to the brochure, the E-Z Tec 9100 is perfect for free-fall or gravity-fed applications, especially where vertical space is limited. Its design ensures detection and rejection of very small ferrous, nonferrous and stainless steel metals, according to Eriez.
Employing a balanced coil technology, the E-Z Tec 9100 offers higher sensitivity than its predecessors, according to the company. While primarily designed for inspecting plastic pellets and regrind, this metal detector also has applications in various other industries.
Eriez manufactures advanced technology for magnetic, vibratory and inspection applications.
More information about the E-Z Tec 9100 metal detector is available at www.eriez.com or by e-mailing eriez@eriez.com or by calling (888) 300-3743.
>> Stanley LaBounty Introduces Line of Bucket Linkage ShearsStanley LaBounty, Two Harbors, Minn., has introduced a new generation of its Bucket Linkage Shears, which is available in the BLS 2000 and BLS 3000 models.
Several upgrades were incorporated into these products to improve their performance and reduce maintenance, according to the company. These improvements include:
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Incorporating the patented, Saber Series blade system. These shears feature the 180-degree reversible Saber Tip and lower cross blade to provide the same benefit as seen with the successful MSD Saber Series Shears.•
Increasing the amount of high-strength steel in critical areas and increasing pin sizes to withstand the higher forces generated by more powerful excavators.•
Fully wrapping the pivot group to protect these vital components from damage.These shears do not require additional hydraulics to operate, according to the manufacturer, and are designed especially for cutting lighter structural steel such as I beams, H beams, pipe and rebar.
>> PSC Metals Installs ScrapBoss Software at Tenn. YardPSC Metals Inc., headquartered in Mayfield Heights, Ohio, has announced that it has installed the ScrapBoss transportation trip-management software at its Nashville, Tenn., facility.
The software, created by Synergistic Systems, is designed specifically for the scrap metals industry. Among other features, it electronically tracks and controls container inventory and is designed to streamline dispatching and the control of trucks. It also eliminates the need for paper records and equips trucks with a global positioning system.
>> Yaffe Purchases Harris HS 80115 Shredder for Glickman Recycling LLCGlickman Metal Recycling LLC, a subsidiary of the Yaffe Cos. Inc., has announced the purchase of a Harris HS 80115 Shredder system for its Wichita, Kan., location
"Harris has everything we were looking for; we like how the material flows through the mill, and the design is efficient," says Richard Caldwell, general manager of Glickman Metal Recycling LLC.
"The HS 80115, is designed to minimize and simplify maintenance while increasing the machine’s productive life. The shredder incorporates several new design features and the best available technology equipment," says Javier Herrera, vice president of Harris Waste Management Co., based in Peachtree City, Ga.
The Yaffe Cos. Inc., Muskogee, Okla., has evolved to one of the largest privately owned scrap metal processing operations in the Midwest, with 14 locations.
>> Van Dyk Announces New OrdersVan Dyk Baler Corp., Stamford, Conn., has announced that it has received two recent orders for equipment.
Waste Management Davis Street, located in San Leandro, Calif., has purchased a system that will allow the company to retrofit its existing system to a single-stream system. The equipment purchase includes two TiTech optical sorting units, which will allow the facility to automatically sort PET and HDPE plastics. The system is expected to be installed by Van Dyk this spring.
The second system that Van Dyk will be installing is a turnkey PET sorting system for the NURRC/Coca-Cola recycling facility, scheduled to be built in Spartanburg, S.C. The plant will feature Bollegraaf Recycling and TiTech optical sorting equipment. The system will sort clear PET from pre-sorted PET balers.
Similar to the system being installed at WM Davis Street, the Coca-Cola system will require minimal manual labor and will use TiTech Optical Sorting technology to achieve high purity goals.
>> SEM Introduces New Eco-Saver Briquetting SystemThe New Eco-Saver Briquetting Systems from Security Engineered Machinery (SEM), Westboro, Mass., is designed to reduce large volumes of loose scrap to small, manageable briquettes. Available in three models, an Eco-Saver briquetting press can be paired with any new or existing SEM disintegrator. With a high-pressure hydraulic ram, it compacts shredded paper, cardboard and other light materials for recycling or easy disposal.
Eco-Saver Briquetting Systems reduce paper scrap volume by up to 90 percent, thus reducing storage, transportation and disposal costs. In-plant air quality, housekeeping and the risk of combustion can all improve, since fine dust produced in the disintegration process can be collected and incorporated into the briquettes along with larger particles, according to SEM.
Eco-Saver Briquetting Systems can handle 800 to 1,200 pounds of scrap per hour, accommodating a wide range of applications, according to the company. A typical system includes a disintegrator, evacuation equipment that transfers disintegrated particles and dust from the disintegrator to a hopper, a briquetting press, transfer tubes and briquette collection boxes.
SEM offers off-the-shelf units and also maintains a full-service engineering department that designs special products. More information is available from www.semshred.com or by e-mailing info@semshred.com or by calling (508) 366-1488.
>> IPS Re-Launches Web SiteIPS Balers Inc., Baxley, Ga., has announced the re-launch of its Web site at www.ipsbalers.com.
Regarding the reasons for the re-launch, Fred Johnson, IPS vice president of sales, says, "Customers can quickly get an overview of the full line of IPS balers, easily access information and refer to visual references while talking to a salesperson."
Sid Wildes and Jason Padgett of the IPS Balers sales team were instrumental in developing the new site.
"We focused on including information that will best serve the customer," says Wildes.
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