Press release via Omar S. Nashashibi of the Franklin Partnership, Dec. 16, 2014.
All, thank you so much for putting up with the legislative process these past few weeks; we know it has been a frustrating time as the Senate slogged through it all. The Senate did finally act tonight and pass the Tax Extenders bill, extending retroactive to January 1, 2014 through December 31, 2014, the R&D Tax Credit, Bonus Depreciation, and Section 179 Equipment Expensing. This means all three provisions, along with dozens of others, are extended for all of 2014 at their 2013 levels (Section 179 is at $500,000 for 2014).
We were literally sitting with two Senate Legislative Directors tonight at 7:30 when they each got calls at the same time and abruptly returned to their offices saying there was a deal to move the tax bill. It will still take a few days before it formally reaches the President for his signature, but our part is done – R&D, Bonus, and 179 are extended for all of 2014.
Thanks again for all your work and patience these past few months. We are already starting on extensions for 2015, but more importantly, making as many of these provisions permanent as possible to provide you some stability. However, we did convince lawmakers that had they not acted, each of our manufacturing members could face on average $400,000-500,000 in increased tax liabilities on equipment purchased in 2014.
For more info on how the Section 179 Deduction can aid your business in buying capital equipment go to www.section179.org.
Graff-Pinkert just got in two Hydromats, an HB45-12 bar machine, HB45-12 Chucker, and an HW25-12 bar machine! We offer hydromats with saw, bar feed and inverter, and then customers can choose from our wide selection of units to get the right configuration for their specific jobs. Why buy units you don't need, just because a machine happened to have those units? Because Graff-Pinkert is one of the few Hydromat resellers that actually stocks Hydromats at our facility, we have the flexibility to sell you a cleaned and painted machine that will arrive on your floor ready to run.
The following videos give step by step instructions for changing the pins and bushings of the upper quadrants of a Wickman 1-3/4" 6-spindle. The videos were shot at Graff-Pinkert's facility. Click "read more" to see the second and third videos.
Part 1: Changing Pins and Bushings on Upper Quadrants of Wickman 1-3/4"
Thinking of rebuilding your 6-spindle Acmes or New Britains? You ought to consider upgrading to a 6-spindle Wickman multi-spindle screw machine instead.
1. We speak proper English (American). We also speak Spanish, Italian, Irish, and Pig Latin
2. We turn-key jobs at competitive prices, working hand and hand with trusted tooling providers.
3. For non-rebuilt machines we can provide necessary maintenance to give you a machine ready to run when it arrives on your floor (New spindle bearings, pins and bushings, etc.).
4. We provide prompt Phone and In-person Customer Service.
5. Our three mechanics have over 80 years combined experience working on Wickmans.
Part I: Removing the Spindle Bearings
Part II: Changing the Bearings