|Jun. 10, 2014|
Section 179 Legislation
As we last reported in December 2013 and January 2014, the American Taxpayer Relief Act, which increased the maximum amount and phase-out threshold in 2012 and 2013 for small businesses expensing under Section 179 to $500,000, expired 12/31/13. The expensing limit has now reverted back to $25,000.
Congressmen Pat Tiberi, R-OH, and U.S. Congressman Ron Kind, D-WI, have now introduced, H.R. 4457, to permanently expand small business expensing to $500,000. And unlike legislation in the past, if the bill is enacted it would make the accelerated expensing permanent.
H.R. 4457 is expected to be on the floor by sometime in mid-June. Every MDNA Member should take time now to write to your representative in Washington in support of this key legislation.
The fastest and easiest way to contact your representative is by going to house.gov and following the link to your elected officials. Each member has an e-mail link. The Link below will take you to a sample letter that you may use by copying it into the message space for the person you are trying to contact. However, this is just a sample, it is more important that your voice be heard than the specific language that you use.
Get sample letter and read more here!More
Below are companies who have applied for membership in the MDNA. If approved at the chapter level, the board of directors will vote on them at an upcoming meeting. If you have any questions or comments, or if you have done business with them, please contact MDNA at +1 703 836 9300.
New England Chapter
Era Wire, Inc. — Regular
19-25 Locust St., West Haven CT 06516
Phone: +1 203 933-0480
Fax: +1 203 933-0732
Principal(s): Richard T. Rar Jr., Richard T. Rar Sr.
Specialty: Wire Straightening and Cutting
Sponsors: FH Machinery (Regular MDNA member since January 2004) and Hariton Machinery Co. Inc. (Regular MDNA member since January 1973)
Seema Engineers – Regular
457/3, Hosur Main Road, Chandapura, Bangalore, India
Phone: +011 91-80-27834009
Fax: +011 91-80-27803078
firstname.lastname@example.org or email@example.com
Principal(s): Manikumar. G.
Specialty: All types of heavy engineering machines
Sponsors: Prestige Equipment Corp. (Regular MDNA member since January 1992) and Electro Motion UK (export) Ltd. (International MDNA member since January 2000)More
All members are encouraged to attend Chapter meetings and are invited to attend not only local meetings but any chapter meeting or event of interest when convenient.
The following are upcoming Chapter events that are scheduled. Click on the chapter meeting for more details:
Chicago Chapter Meeting — June 19th
Philadelphia Chapter Meeting & Golf Outing — June 24th
Detroit/Toledo Golf Outing — July 15thMore
The Premier Vendor networking and marketing program is designed to strengthen and broaden the relationships between MDNA Members and our key industry supporting vendors.
Below are applicants. Please review their information. The Review Committee will be considering these companies this week. If you have any concerns about these Premier Vendor Applicants please notify the MDNA National Office.
All-Ways Trucking Inc.
Address: 3639 Aviation Way, Medford, OR 97504
Phone: +1 541 608-6507
Principal(s): Mark Pedersen, Grant Bryant, Jamie McCleary, Dave Lipscomb, David Wright
Name of Customer Contacts: Tony Orton or Tia Kroger
Phone: +1 800 888-6230
Sponsors: FH Machinery, Yoder Machinery Co., and Industrial Assets Machinery
General Description of Business: Nationwide transportation company serving the United States, Canada and Mexico
Corrigan Air & Sea Cargo
Address: 6170 Middlebelt Rd, Romulus, MI 48174
Phone: +1 734 728-4000
Principal(s): Paul Corrigan, Richard W. Nagrocki, Cynthia Schenk
Name of Customer Contact: Michael Murphy
Phone: +1 313 980-0970
Sponsor: F.P. Miller Company – Craig L. Ward, Lee Stevens Machinery Inc.
General Description of Business: Household Goods Moving & Storage and Record Storage
Pedowitz Machinery Movers
Address: 1550 NW 24th Avenue, Pompano Beach, FL 33069
Principal: Scott Pedowitz
Name of Customer Contact: Marvin Baltodano
Sponsors: Resell CNC – John Butz, Grand Marshall Machinery Inc. – Larry Goodman
General Description of Business: Provide transport and rigging services for heavy machinery
Click here for a Premier Vendor Application
To Learn More about becoming one please visit us here.More
Locator Services is happy to announce the much anticipated release of Version 3.3.0 of our Customer & Inventory Management System™.
Some of the new features include:
Good and Welfare
Congratulations! — Kevin and Julie Brewster of On Target Machine Brokers are the proud grandparents of a baby girl name Amelia Claire Stone.More
Section 179 Legislation
As we last reported in December 2013 and January 2014, the American Taxpayer Relief Act, which increased the maximum amount and phase-out threshold in 2012 and 2013 for small businesses expensing under Section 179 to $500,000, expired 12/31/13. The expensing limit has now reverted back to $25,000.More
Wearable technology in the manufacturing workplace
Manufacturing Business Technology
Today, wearable technology — devices such as Pebble, GoPro, Jawbone, Google Glass and FitBit are just a few examples — is an exciting new trend in the consumer world. For more evidence of this technology's popularity, consider that Amazon.com recently announced the launch of its wearable technology store to give customers access to a wide array of the most popular wearable devices.More
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Seeking a less crowded field, MBAs find success in manufacturing
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When Walmart pledged last year to buy an extra $250 billion in U.S.-made goods over the next decade, it appeared to be just what was needed to help move America's putative manufacturing renaissance from rhetoric to reality. But suppliers trying to reshore production as part of the initiative by the world's largest retailer are running into practical problems as they try to restart long-idled corners of U.S. manufacturing.More
The silver bullet to a US manufacturing revival
The Wall Street Journal
First proposed in March 2012 and formally requested in President Barack Obama's 2013 State of the Union address, the National Network of Manufacturing Institutes vision calls for the investment of $1 billion in a set of 15 manufacturing innovation hubs (en route to a projected 45). So far, the government has created four of the hubs using existing money and initiated the creation of four more, without congressional support. "But this is where I want to just say: Go for it! Fund all 45 of the envisioned centers and let's kick the manufacturing renaissance into high gear," writes Mark Muro.More
US economy regains all jobs lost in recession
Employers added 217,000 jobs in May as the labor market reached a milestone with the recovery of all 8.7 million jobs lost in the recession. The unemployment rate was unchanged at 6.3 percent, the Labor Department said. Economists surveyed by Action Economics estimated that 220,000 jobs were added in May. Employment, at 138.5 million, exceeds its pre-recession level for the first time in the nearly five-year-old recovery. Payrolls fell by 8.7 million from January 2008 through February 2010, but since then non-farm jobs have risen by 8.8 million.More
Manufacturing growth picked up in May, ISM says in corrected report
The Los Angeles Times
Factory growth accelerated last month and did not slow down as initially reported by the Institute for Supply Management, which twice corrected its closely watched purchasing managers index. The revisions roiled financial markets because they shifted investors' views how the crucial manufacturing sector performed in May.More