Forklifts and the US GDP

Industrial trucks and forklift sales are directly tied to our economy. When our economy does well, more forklifts are required to move the goods ordered by customers and end-users. Conversely, when a downturn occurs, forklift sales drop, sometimes dramatically as they did with the recession of 2009. What few people understood until now, the economic impact these forklifts make on our economy. Recently the Industrial Truck Association in conjunction with Oxford Economics researched the topic, and below are some of the significant findings.

  • Industrial truck manufactures generate 209,600 jobs in the US, directly and indirectly.
  • The economic impact of forklift on the US economy is $25.7 billion dollars. Here in North Carolina, forklifts generate over $1.4 billion dollars to our state economy.
  • Over $15 billion of that contribution is a result jobs that support forklift sales and service such as service technicians, the parts that are made and sold and installed on forklifts, training centers etc…
  • The Bureau of Labor and Statistic (BLS) estimates that there are about 540,000 industrial truck operators in the US.
  • There are over 200,000 forklifts sold annually in the US.
  • Over 1 million forklifts are sold around the world each year.
  • The industrial truck industry generate about $5.3 billion dollars in state and local taxes. Here in North Carolina, state and local taxes are over $103 million dollars.

As you can see, when we sell a forklift we create a lot of work not only here at Apex, but for our customers, their customers and the impact is felt all throughout our state and national economy.

Report – Industrial Trucks Effect on State and National Economics


Tri-Lift is Your New Forklift Headquarters

New Equipment Headquarters Graphic

Tri-Lift NC, Inc. has the new forklifts to meet near any application. From serve our customers from our convenient locations in Greensboro, Raleigh, Charlotte North Carolina and Columbia and Greenville South Carolina. Whether you need a single light-duty new forklift or a fleet of heavy-duty, high-capacity forklifts that work three shifts a day, we have the forklift you need. No other dealer in North or South Carolina provides the variety of forklifts and options to meet so many diverse applications. Our line-up includes:

  • Linde Forklifts, CLARK Forklifts, Hoist Forklifts and UniCarriers Forklifts
  • LP Forklifts, Electric Forklifts, Diesel Forklifts and Gas Forklifts
  • Forklifts in Capacities as high as 125,000lbs!
  • New light-duty forklifts and heavy-duty forlifts that are built to operate three shifts a day!
  • Electric Forklifts Built to Work Outside Under Nearly any Condition
  • Forklifts for Rigging and Machinery Moving
  • Boom Lifts and Scissor Lifts
  • Electric Pallet Jacks, Stackers, Walkie Riders and Much More

As you can see, our selection of new forklifts is second to none. We represent the finest forklift brands, with the models and options that you need. We select our brands based on historical performance, variety and reliability. And this variety and line-up has led to several awards for selling new forklifts, including Linde’s “Palmetto Award”, as well as expanded territories from CLARK and UniCarriers. Manufacturers understand that Tri-Lift NC, Inc. knows you, our customer, the industries you serve and how to work with you to get the right equipment for your operation.


Why One Source is So Important

Tri-Lift NC, Inc’s motto has been “One Source” for many years, and for good reason. We are a truly multi-line supplier than can assist in all facts of materials handling planning, warehouse design, installation and management of all your materials handling needs.

Few companies can assist in facility design, layout, installation and management as well as supply the right forklifts and other lift equipment to complete the job. Working with a single source means one company planning the entire project, creating specifications for all that equipment, ensuring all the pieces fit properly and function as intended.

Having one source means there is no question who is responsible for productivity. Multiple sources have the tendency to avoid responsibility by pointing to other areas not under their control. But when you work with one reliable partner, there’s one call to make, and we’re on the scene! We service and carry parts for what we sell, and even products we didn’t sell. You can count on our service team for everything from rack repair to forklift planned maintenance.

Whether you need a single forklift or a warehouse full of materials handling equipment and a hundred forklifts, Tri-Lift NC, Inc. has the resources to be the partner to help you get the job done right and maximize productivity.

Visit our website to learn more about us, then next time the need arises and make Tri-Lift NC, Inc. YOUR ” One Reliable Source!”

 


Section 179 is Back and Better for 2016

Sec179Congress has approved much needed improvements in Section 179 which allows companies, like yours, the ability to completely deduct the purchase cost of equipment the first year it is put into service. The new limits are:

Maximum 179 Deduction for 2016: $500,000

This means for qualifying equipment purchases of up to $500,000, your company can deduct 100% of the purchase price from its taxes the very first year it is put into service.

Further, this maximum will be increased annually, with the maximum tied to inflation, at $10,000 increments.

Bonus Depreciation; Maximum Qualifying Purchases: $2,000,000

Once you exceed the maximum deduction of $500,000, bonus depreciation kicks in at 50%, until you reach the maximum qualifying purchases of $2,000,000. For example, if you spend $1,000, ooo on new equipment, you can fully deduct the first $500,000, then deduct 50% of the remaining $500,000 for a total tax deduction the first year of $750,000.  It then begins to phase out dollar for dollar until you reach $2,500,000, where it is then completely eliminated.

Bonus Depreciation will be extended through 2019. Businesses of all sizes will be able to depreciate 50 percent of the cost of equipment acquired and put in service during 2015, 2016 and 2017. Then bonus depreciation will phase down to 40 percent in 2018 and 30 percent in 2019.

Note: The section 179 deduction applies to NEW and USED equipment whereas the bonus depreciation is only available for NEW equipment.

What that means to the purchase price of a NEW, $30,000 forklift? Assuming your company is in the 35% tax bracket, your effective cost, after deducting the entire $30,000 from your taxes, is only $19,500!

With Section 179 in effect for the remainder of 2015 and all of 2016, and beyond, there’s never been a better time to invest in new forklifts for your facility.

Note: We always suggest you consult your accountant or tax professional before you utilize section 179 for tax savings. Not all companies are structured the same and your savings may vary.

To learn more about Section 179, please visit; www.section179.org. Visit our New Linde Forklifts, New CLARK Forklifts, New UniCarriers Forklifts and Used inventory to see our models. Then Contact Us for a quote, or give us a call at 866-393-9833.


Five Things You Can do to Prevent Workplace Violence

Violence in the workplace often erupts without warning, and can have tragic results. Taking steps to prevent these situations can improve safety in your workplace, improve employee satisfaction and lead to increased productivity. Conversely, ignoring potential hazards can result in employee injury, even death — and legal action at considerable costs to the company.

OSHA has outlined five steps you can take to identify and prevent these violent encounters before they happen. While they are not directly related to materials handling operations, we feel these guidelines can apply to a wide variety of organizations, including your company.

Management Commitment and Employee Participation

As with any initiative, without the commitment of management and leadership, the rank-and-file of the organization will likely ignore any efforts to improve safety with regards to violence. Company leadership must be involved on a regular basis and visibly endorse the effort. This can be achieved by establishing a safety and health committee, and having leadership rotate in and out of meetings conducted by the committee.

Management must articulate a policy and establish goals for the company. Once a plan has been developed, leadership should allocate sufficient resources to accomplish the goals and uphold program performance expectations. Providing resources could entail meetings with health professionals to help identify potential hazards, creating visible signage and using other communication methods to keep workers involved in and aware of the program.

Worksite Analysis and Hazard Identification

There are probably facets of your operation that are prone to producing higher anxiety or tension among your employees. These could be actual physical conditions such as heat, cold, and hazardous areas as well as departments that demand high productivity, or even interaction with the public. Taking stock of these areas and identifying factors that are the least or most likely to create a stressful atmosphere are key to prevention.  Two steps you can take to identify and prevent violence include:

  • Conducting job hazard analysis – Management can conduct surveys of their departments to assess the potential risk of violence among employees. This not only includes internal assessments, but assessments of destinations to which your employees may travel, including specific neighborhoods, time of day, etc. Sites that expose your employees to violent behavior are often outside the walls of your facility.
  • Conduct employee surveys – Employees will often tell you if their jobs create stressful situations for them and if they feel endangered by some of their job tasks. Conduction of reviews on a regular basis will help you identify these areas and create a plan to reduce danger.

Hazard Prevention and Control

Once management has established and articulated its commitment, and evaluations have taken place, a plan to reduce potential hazards must be implemented.  This step includes:

  • Identification and evaluation of control options for workplace hazards
  • Selection of effective and feasible controls to eliminate or reduce hazards
  • Implementation of these controls
  • Follow up to confirm these controls are being used and maintained
  • Evaluate effectiveness and improve, expand or update these controls as needed

Safety and Health Training

As with any program you want to succeed, employees must be trained in order to follow the steps outlined by the company to identify and report these risks and follow up as needed.

This training could include meetings with mental health experts to help identify signs of stress in colleagues that could lead to violence. It also can include training on how to avoid violence outside your facility by taking common-sense actions (such as parking under a street lamp), what to do if an employee feels threatened and even self-defense training. Other training topics can include:

  • The company’s workplace policy on violence prevention
  • Documentation and reporting
  • Location, operation and coverage of safety devices such as alarms
  • Ways to identify and deal with hostile situations
  • A standard response plan for violent situations

Recordkeeping and Program Evaluation

Recordkeeping includes reporting procedures, what gets reported and to whom, and how these records are kept. Keeping track of both “close calls” and actual events helps you identify patterns, areas of particular concern and even certain job functions that might be creating undue stress on employees. It can help you identify areas outside your facility that present a danger to your employees, such as areas of town they serve.

OSHA Log of Work-Related Injuries and Illnesses (OSHA Form 300) can help you organize information not only for reporting to your proper internal sources but also for reporting to OSHA if necessary. As of January 2015, all employers must report:

  • All work-related fatalities within 8 hours
  • All work-related inpatient hospitalizations, all amputations and all losses of an eye within 24 hours

Injuries sustained as a result of assault must be entered on the log if they meet OSHA’s recording criteria (CFR Part 1904, revised 2014).

Keeping track helps you improve your program, improve employee safety and ensure your employees are operating in a safe and productive work environment.

We hope this summary is helpful to you in establishing your own workplace violence prevention plan. To learn more about what you can do, download the complete “Guidelines for Preventing Workplace Violence) by OSHA, HERE. While it was prepared for healthcare and social service workers, the overall content of this guide can assist any company, big or small, in achieving a safer work environment for all.


Five Things Your Forklift Might Tell You if it Could Talk

Talking ForkliftEach day, your forklift bears the brunt of your material handling operation. It works hard for you day after day, rarely complaining about the workload or its surroundings. Occasionally it tells you something is wrong, by breaking down. But waiting for a breakdown is expensive. Repairs are more costly once a breakdown occurs and breakdowns can create dangerous situations at your facility. Have you ever wondered what a forklift might tell you, if it could talk? We did, and came up with the following:

  1. “I’m not getting inspected frequently enough.”  Although OSHA requires pre-shift inspections, few companies require them. Pre-shift inspections ensure that if I get sick, you catch it quickly, before it becomes a dangerous and costly situation. You can find forms to help my operators inspect me on Tri-Lift’s forklift safety training page.
  2. “I think my operators need more training.” They jerk me from forward to reverse, to forward again, putting a strain on my transmission. They don’t slow down at intersections or use my safety features as frequently as they should. My horn is rarely used, I don’t have any strobe lights and I’m afraid I might end up in an accident. I don’t want to get hurt and I sure don’t want to hurt anyone else. I think we need some additional operator training.
  3.  “My co-workers need more attention.” You put all of us on the same service cycles. The other guys work harder, lift more weight, more frequently and need to be seen by your forklift service pros more often. Give them a call.
  4. “My feet hurt.” These tires are old, they have chunks missing, they’re worn and at the end of the day, I can’t wait to stop and give them a break. Worn and damaged tires use more fuel, make my operator more fatigued and create a dangerous work environment. When’s the last time you inspected my tires carefully?
  5. “I’m shocked at how my electric friends are being treated.” I run on gas, but my electric friends are always complaining about their batteries, that the water levels aren’t inspected enough and they get hot all too often. They also complain about how they get charged at weird times and it doesn’t feel good. Maybe you should talk to their operators about how they use their electric forklifts. I’m told forklift batteries are really expensive and making them last as long as possible is best for everyone.

Have you ever wondered what else your forklifts might tell you, if they could talk? Our team of service professionals can share their experience with you to determine the best plan to keep all your forklifts operating at peak efficiency and productivity. Happy and healthy forklifts are more productive and safer for those on them, and around them. Contact us to speak to a service professional today. Next time you talk to your forklift, you’ll get nothing but “thank you’s” and compliments!


10 Things You Can do to Celebrate Forklift Safety Day

Forklift Safety Day 2015

The Industrial Truck Association has announced it’s second annual Forklift Safety Day, to be held June Tuesday, June 9. You can register to attend the event, held in Washington, DC. While most of you won’t be able to attend, there are things you can do to take advantage of this day to help create awareness about the dangers that forklifts present and how to minimize the potential for accidents that can result in injury or death, damage to your facility, equipment and financial losses. We’ve compiled a short list of things you can do on June 9th to improve safety on and around your forklifts.

  1. Make sure all your forklift operators have been trained and that their refresher training is up to date, if applicable or necessary.
  2. Take time to teach your forklift operators the importance of daily inspections of their forklifts. Daily inspections reduce the risk of equipment failure and catch small problems before they blossom into giant ones. You can download daily forklift inspection sheets for both IC forklifts and electric forklifts.
  3. Download and post our free forklift safety posters for:
    1. Pedestrian Notification
    2. Notice that Forklifts are in Operation
    3. That Only Trained Employees May Operate Forklifts
  4. Take some time to gather any staff that operates around forklifts, but not on them, to refresh them about the dangers of this equipment and how to be sure to use safe procedures when they are in an area of your facility where forklifts are being operated.
  5. Make sure all your forklift’s maintenance is up to date. If you have a Planned Maintenance Agreement, this would be a good time to review it with your service provider to ensure all standard checkpoints as well as unique equipment attachments are being inspected and maintained properly.
  6. Review any unique “site specific” features your facility may have and be sure your operators are aware of proper handling of equipment while on or around these features (ramps, areas where floors can be slick, floor substrates that vary etc…)
  7. Make sure that training is part of your company’s orientation for anyone that will or MIGHT operate a forklift. Remember, employees that have not been properly trained aren’t even allowed to sit on and start a forklift, much less move it out of the way of anything.
  8. Make sure you forklifts have proper safety equipment and that it’s operating properly. Lights, horns, back-up alarms, seat belts, fire extinguishers etc… Improve pedestrian safety, check out our Blue Spot Safety Light by Linde.
  9. Make sure you have lock-out kits to ensure that forklifts that do not pass an inspection are locked out immediately until repairs are made.
  10. Review all your forklifts for possible replacement. Old forklifts, or those that are getting “up there” in hours, might be potential threats. Review safety records and maintenance logs for your equipment. You might find this could be a good time to replace some or even all of your forklifts.-

Our goal is to help you operate safe, efficient and productive forklift equipment. To discuss forklift safety, operator training –or to get a quote on new equipment, please give us a call at 866-393-9833.