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NEWSLETTER Serving Pennsylvania, New Jersey, New York, Delaware, Maryland, and West Virginia
history, it is hard not to remember how far metal fabrication has also come. The contribution metal fabrication has made to our country may not always be at the forefront of our minds, but as we push the envelope of innovation with new and emerging technology it’s worth taking a step back to remember what we are building on. We at Fox are honored to be a part of an iconic American industry we May brought the beginning of enjoy working with our customers Fox’s 50th Anniversary celebrations to further impact education, which kicked off with a three-day travel, construction, government, open house at our new showroom. healthcare, entertainment and more We enjoyed welcoming customers, on a daily basis. manufacturers and friends and have In this edition of our newsletter, we appreciated the positive feedback that want to give a shout out to the past. continues to roll in post-event. We So, check out a special compilation encourage you to CLICK HERE to of historic photos on page 4 and our check out our event slideshow and 7 Tips to Extend the Life of Your keep your eye peeled for upcoming Dependable “Dinosaur” Machine. FMA events, seminars and demos. Our service team maintains many In addition to our company, we older models and, with a little TLC, are toasting three 1-year work they will remain reliable workhorses. anniversaries in the office and two of As a final note: Don’t hesitate to share our Sales Engineers, Todd Lang and your dependable “dinosaur” pictures Alex Skypala, who are celebrating with us via email or on Facebook their 10th and 5th year anniversaries, Our industry was (literally) built on respectively. these awesome machines. As we look back on Fox’s long
Inn This his Issue ssue
Tax Law - Section 179......page 1 Plasma Lasers in the Structural Market......page 2 Affordable Tube Processing Center Performs for a Crowd......page 2 7 Tips for Extending the Life on Your “Dinosaur”......page 3 Cheers to 50 Years.....page 4 OSHA reports “Top 10” Most Common Safety Violations......page 5 Listing of Used Machinery......page 5
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Article Contributor - David Goose Senior Vice President Machine Tool Divison Commercial Credit Group
This is the time of year businesses start exploring the advantages of Section 179 of the tax code and Bonus Depreciation. The interest gets more intense as the year comes to an end. It is best to start year end planning NOW to make year end deliveries on machine tools. David Goose of Commercial Credit Group understands this process better than most and has provided Fox Machinery’s customers with guidance for the past 12 years. As a part of his whitepaper entitled “The New Tax Law & Its Impact On Equipment Financing,” Goose reviews the new tax laws, laying out: • Section 179 and Bonus Depreciation • Corporations and Pass-through Entities • Tax Deductible Business Expenses • NOL, AMT and LKE
You are encouraged to DOWNLOAD and read the full whitepaper, however; we want to touch on one aspect in detail - Section 179.
What is Section 179?
Section 179 allows eligible small to mid-sized businesses to take additional tax deductions and depreciation, based on the purchase of qualifying equipment. These deductions effectively reduce the amount of a company’s taxable income, thus reducing the overall tax burden. There are restrictions and limitations, so if your company is thinking about taking advantage of Section 179 there are some important considerations you should be aware of ...continued on page 2...
June 2018
Affordable TUBE PROCESSING CENTER Performs for a Crowd New to the scene at FMA’s 2018 Open House was Electro-Mechanical Integrator’s (EMI) Tube Processing Center (TPC). Under power for the three day event, the 2100 model “performed” to a crowd, showcasing its versatility, speed and accuracy. One onlooker, who was unfamiliar with the machine, stated “I’m familiar with CNC capabilities when it comes to manipulating pipe - this machine would open doors and expand our market”. Designed for miscellaneous metal and handrails, these processing centers offer a one-stop solution to produce weld-ready components from
Plasma Technology standard lengths of pipe and tubing. Designers and engineers will rethink their construction methods and material profiles around the machine’s productivity; designing in a manner that may have been cost prohibitive in the past. Interested in a demo or quote? EMAIL or call FMA today to learn more about EMI’s TPC.
affect bottom line for structural market Article Contributor: David Taylor, Messer Cutting Systems
With a recent influx in the structural market in New England, small iron shops are turning to compact plasma machines to meet the increase in demand. With a goal of versatility and minimizing production time, shops turn to machines that minimize deburring, create weldable surfaces, have medium heat input and can handle a wide range of material thickness. “...many are 10…15...25 man shops that need a small machine for burning clips and standard simple parts. Structural shops ...continued on page 3...
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equipment/software are expected to double in 2018, landing somewhere around 9%. Reports predict a 2.7% A Compelling Benefit economic growth rate this year - powered by the financing Because this write-off can have such a significant and leasing of machinery and equipment. impact on a company’s taxes, lets review how Section The new tax plan contains several provisions that 179 works and how it can benefit your company. Let’s will impact equipment procurement – lower tax rates say your business has a taxable income of $250,000, for businesses, non-deductibility of interest expense and purchases a qualifying $250,000 machine. for C corporations, limiting like-kind exchanges to real The purchase could effectively bring your taxable property, and expensing of depreciable assets instead of income to zero. If you’re in a normal or minimal tax writing them off over years. The key is to know how these environment this can mean an actual cash savings of changes may impact a company’s balance sheet, financial around $50,000 or more. plan, and tax strategy, and to adjust accordingly to help improve the company’s financial performance. Consider having discussions with your accountant, operations team and Fox Sales Engineer before the third quarter. A clear understanding of what technology and machine functionality will have the greatest impact will keep your business in line with your competition. as you engage in year-end planning.
Want to know more? CLICK TO READ A FREE WHITEPAPER p u b l i s h e d by the pros: “Tax Cuts and Jobs Act” - an Scheduled to expire in 2023, the change in Section 179 interview conducted by Mark Lempko and Don Pokorny, has already had economic impact. With the end goal both of Commercial Credit Group Inc. (CCG), with Dixon to grow the US job market, taxpayers are encouraged Hughes Goodman LLP (DHG). to spend on equipment useful for manufacturing and building businesses. According to the Equipment The information conveyed herein is meant to be informative and should not be Leasing & Finance Association, investments in construed as specific tax advice.
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610.275.4700
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are currently outsourcing to steel service centers,” says David Taylor, North East Regional Manager of Messer Cutting Systems, Inc. “The Messer 2.0 is built to be rugged, robust and a solid long term solution for many structural shops, even in addition to their Peddinghaus machines,” he continued. Shops that have transitioned from having no burning equipment to plasma are enjoying shorter lead times and decreased outsourcing. “Eliminating the need to outsource is a saving on time and money,” says Taylor, who understands the value in going from nothing to a completed part in a short amount of time. Accommodating the influx doesn’t stop after production. Resetting for the next job needs to be just as streamlined to keep on schedule. Value is added for a machine that is
Messer Cutting Systems was voted the #1 manufacturer for oxyfuel and plasma cutting systems for 2018 by MCN consumers easy to load material and program for fast turnaround. The trend sees small iron shops investing in plasma technology are currently relying on steel service centers to outsource a need which can easily be met in-house. There is a learning curve, investment and the need to make space, however, Taylor explains, these factors are diminished by a decrease in production time and an increase of in-house capability. “Today’s machinery is significantly more accurate, has way faster processing and is vastly more reliable, “ says Taylor, “these are the reasons you invest in newer technology.”
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Tips to Extend the Life of Your Dependable “Dinosaur” Machine
Older machines, when taken care of, can be reliable, dependable work horses for your shop. Prolong the life of your older machine through early detection of inconsistent behavior.
1. Stay on top of operator training
Machinery wear and breakdown are often made worse by unskilled handling. Many machines have multiple operators, increasing the chances of “use & abuse”. Identify a list of best practices and reiterate it often to your team.
2. Add and test lubricants
Lubricants reduce friction around any moving part. A schedule of good lubrication maintenance extends the life of large machinery equipment and parts. • Check the manufacturer’s recommendations for type of lubricant and consider purchasing only high-quality fluids to keep your older machine running smoothly. • Consider having a fluid analysis completed - experts analyze particles in the used oil which can indicate parts that may be suffering from wear or breakdown. • Lubrication prevents corrosion and water is a major course of corrosion. Maintaining seals and replacing filters will help keep lubricants free of contaminants. • Keep a close eye on oil usage Sudden reduction in oil use can mean a clogged lubrication line A sudden increase can indicate a leak somewhere
3. Check for signs of wear
Age affects many key components of your machine. Over time belts will warp, seals will dry/crack, bolts will loosen and stretch out of shape. Vibration, shock, high temperatures, friction and age all contribute to the breakdown of parts in heavy machinery.
4. Maintain a clean environment
There are many seals and filters in place to keep working parts clean and free of contamination. Seals should be inspected regularly to make sure they’re in good condition. Filters should be inspected and changed regularly.
5. Plan, schedule, and keep good records
Know what needs to be inspected and when. • Components break down, and wear is inevitable. Establish forecasts for the expected life of all components and replace them on schedule. • A maintenance log should also be kept ensuring regular checks are not missed and compliance is measured. • Set aside an emergency fund. Even if you have insurance, it is ideal to set aside emergency funds to cover the cost of unexpected, urgent repair and maintenance work.
6. Get creative
Eventually your older machine will need a part replaced that is no longer available. Turn to your service technicians, local fab shops and the creative folks you employ as resources to get your machine up and running. This may be a better option then replacing your machine.
7. Keep an expert in the loop
Schedule a full service inspection on your older machine to get a base line and start the monitoring process. Schedule annual or biannual inspections to keep on top of fluids and signs of wear.
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Happy 50th Fox Machinery! We would like to celebrate our 50 years by recognizing the many partners and their long and rich histories. Enjoy these photos that show us how far the industry has come. Cheers to another 50 years!
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~ A Special Thanks ~ A toast to our friends at FinkelsteinsCPA for 50 years of service to Fox Machinery. We think a 50 year business relationship is rare, and thank them for their dedication and hard work as Fox’s accounting firm.
1918 Since 1919.
Geka will celebrate 100 years in 2019!
For over 85 years,
1933
WILA has been developing and manufacturing high-end press brake clamping systems and tools for press brake manufacturers and users.
1955 In the US, Messer Cutting Systems began in 1955 under the name CRO Engineering. CRO stood for the first names of the founding partners, Carl, Rudy, and Orville. CRO Engineering pioneered many of the fundamental applications which are common today such as NC control, CNC control and laser cutting. 1969 - Delivered the first American built numerically controlled LASER cutting machine for shape cutting titanium in the aerospace industry
1968 - Introduced first American built plasma arc
gantry cutting machine controlled by an NC system
1973 - Company purchased by Messer Griesheim
GmbH which would lead to its current name “Messer Cutting Systems”
1968
Davi’s first plate roll
Fox Machinery got our start
After several years of producing pressbrakes, Ted Hilton founded the Accurpress brand in 1973. The AccurShear was added to the product lineup in 1976 and since then the Accurpress brand has become the number one selling Pressbrake brand in North America, with over 20,000 units in operation nation-wide. Accurpress's success is due to the values it was built on - being strong on service and striving to deliver the best value to our customers.
1996
CLICK the image above to watch a video on Messer’s Metal Master 2.0
In addition to keeping up with consumer demand, small shops are challenged to outperform - a task which may mean being versatile in manufacturing capability. An affordable plasma and oxyfuel cutting machine that provides outstanding productivity within a small footprint may be the answer. Fulfilling manufacturers’ demands, Messer Cutting Systems now offers a low cost, compact, unitized cutting machine that precision cuts mild steel, stainless steel and aluminum plate. The MetalMaster 2.0 is 5’ x 10’ featuring vertical plasma and oxyfuel cutting up to 2”. It it not intended for a hobbiest, but for an industrial enviroment with proven training, warrenty and service programs to back up quality manufacturing. With quick and easy machine installation, let the MetalMaster 2.0 be your shops solution. For more information on this machine CLICK HERE.
EMI Tube Processing launched a revolutionary CNC plasma system to process standard lengths of round tubing into weld-ready components – quickly, easily, and reliably.
Happy 50th to our partner
2018 Messer’s Metal Master 2.0
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610.275.4700
OSHA reports “Top 10” Most Common Safety Violations in 2017 The Occupational Safety and Health Administration (OSHA) releases an annual “Top 10” list of most frequent workplace safety violations, a compilation which sums up citations for close to 32,000 workplace inspections from that year. For the second year in a row “General Requirements for Fall Protection” sits at #1 and “Machine Guarding” at #8. As the weather warms make time to double check your shop is a safe place for your team to do great work.
[[Read up on New Regulations]]
CLICK ON THE VIOL ATION TITLE BELOW TO READ UP
1. Fall Protection; General Requirements (1926.501) – 6,072 citations 2. Hazard Communication (1910.1200) – 4,176 citations 3. Scaffolding (1926.451) – 3,288 citations 4. Respiratory Protection (1910.134) – 3,097 citations 5. Lockout/Tagout (1910.147) – 2,877 citations 6. Ladders (1926.1053) – 2,241 citations 7. Powered Industrial Trucks (1910.178) – 2,162 citations 8. Machine Guarding (1910.212) – 1,933 citations 9. Fall Protection – Training Requirements (1926.503) – 1,523 citations 10. Electrical – Wiring Methods (1910.305) – 1,405 citations
Used Machinery
Sales@FoxMachinery.com or call 610.275.4700 for a quote Click on the machine name to read a full description, see photos & request a quote.
2004 MESSER
METAL MASTER III PLASMA CUTTING TABLE - 200 Amp HD Torch - Material Range gauge to 1” - InnerLogic ProLine 2200 Plasma System - Global Control - Slagger Self Cleaning Cutting Table - PL-1 Plasma Torch Height Control - Torchguard Collision Sensor - 460v/3ph/60Hz Click the picture for more pictures & to request a quote:
A PERK AVAILABLE TO ALL FOX MACHINERY CUSTOMERS: Let Fox help you sell your used machinery. Fill out this web form:
Shears____________________________________________________ ADIRA 1330 SHEAR WYSONG 1010RD ACCURSHEAR 1/2 X 12’ ACCURSHEAR 1/4 X 10’ CINCINNATI 1/2 X 24’ Lasers____________________________________________________ HK 4Kw FIBER LASER - PL3015 Saws_____________________________________________________ DAKE SEMI AUTOMATIC COLD SAW - 3705 BEHRINGER HBP 513A SAW SMID 820 ALUMINUM PLATE SAW HYD-MECH V18 Punching Machines________________________________________ WIEDEMANN C-2000I Press Brakes______________________________________________ PACIFIC 1/4 X 10’ Finishing_________________________________________________ TIMESAVERS DEBURRING MACHINE 3111-13-0 Cutting Machines__________________________________________ FLOW WATERJET - 6’ X 12’ 2004 METAL MASTER III 6’X20’ ESAB PLASMA ESP200 WITH WATER TABLE CSI KODIAK PLASMA Miscellaneous_____________________________________________ PEDDINGHAUS OCEAN SINGLE SPINDLE DRILL
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Your Sales Engineer will reach out to have a discussion and we will market it to our customer database for free! Please note: FMA reserves the right to reject machines in poor condition.
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