Posted: September 14, 2017 Filed under: Equipment, news, Uncategorized | Tags: charlotte, greensboro, Linde Forklifts, New Cushion Forklift, new forklift, New IC Forklift, New Pneumatic Forklift, raleigh
Linde by KION has announced it is adding two new internal combustion models to its line-up to compete with mainstream market model forklifts. The strategy is to provide the Linde quality that Linde customers expect, at mid-level pricing. By replacing the hydrostatic drive with a more conventional, but still massive differential, torque coverter type transmission, and a Ford 2.5L fuel injected engine, Linde can provide the type of quality that is synonymous with Linde products, at a lower price point.
This is exciting news as Linde forklifts traditionally have been reserved for those companies that have the highest duty cycle and harshest operations. But now, Linde forklifts will be more widely accessible for the mainstream forklift market.
The two new models are the 1219, pneumatic tire, LP and the 1319, cushion tire, LP. Both models come in 5,000, 5,500lb, 6,000lb. and 6,500lb. capacities. We are very excited about the opportunity to present these forklifts to our markets and we know that once Baltimore and Southern Pennsylvania get a look at these models and a quote from us, they’re going to be a big hit!
See the specs for the 1219 pneumatic tire forklift and the 1319 cushion tire forklift, then contact us at 866-393-9833 for a quote or more information.
Learn more about Tri-Lift NC, North Carolina and Northern South Carolina’s source for material handling equipment, service, parts, rentals and training.
Posted: August 28, 2017 Filed under: Forklift Safety, news, Regulatory, Uncategorized | Tags: charlotte, employee health, employee safety, Forklift Operator Training, forklift safety, greensboro, osha, raleigh, warehouse safety
A report generated by OSHA highlights the real costs associated with on the job injuries, who pays them and how this impacts the employee and taxpayers.
Whether an employee is working on a high-rise building or driving a forklift, employers have the responsibility, and what we feel is an obligation to protect their employees from injury. By investing in training and safety, employers get fewer injuries, lower costs, more productivity and an improved satisfaction which often leads to less turn over. But all companies do not feel that way. Many are finding ways to avoid responsibility for providing safe working conditions for their most dangerous jobs.
The report highlights what some companies do to avoid responsibility and what this does to not only the employee, but his/her family and taxpayers when an accident with injury occurs. Shifting the financial burden however does not make it go away. It shifts it to over-burdened worker’s compensation and government systems. In addition, a worker who is injured can expect to make an average of 15% less income after the injury. And while the creating of OSHA in 1970 by President Nixon has greatly reduced on the job accidents, injuries and deaths dramatically, we still have approximately 4,500 deaths every year due to workplace accidents.
As a full-service forklift dealership, safety is one of our most important topics. Forklifts are dangerous pieces of equipment for the operator and anyone working around the forklift. While manufacturers work hard to innovate and make them safer, nothing can replace a well trained and cautious operator.
Report – The Cost of Not Protecting Workers
Learn More About Our Forklift Operator Training
Posted: July 25, 2017 Filed under: Management, news | Tags: Economics, employment, forklifts, Industrial Trucks, jobs, new forklifts, Taxes
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
Posted: February 27, 2017 Filed under: Information and News, news, Regulatory, Uncategorized | Tags: charlotte, forklifts, greensboro, Lift Truck Tax Incentives, new forklift, new lift truck, north carolina, raleigh, Section 179, Tax Incentives
Jan 1, 2017 – Section 179 is still affected by the “Protecting Americans from Tax Hikes Act of 2015” (PATH Act) that was signed into law on 12/18/2015. This bill expanded the Section 179 deduction limit to $500,000, where it will remain for all of 2017. For those interested, you may read the summary from the Ways and Means committee here.
Section 179 Deduction: Until further notice, Section 179 will be permanent at the $500,000 level. Businesses exceeding a total of $2 million of purchases in qualifying equipment have the Section 179 deduction phase-out dollar-for-dollar and completely eliminated above $2.5 million. Additionally, the Section 179 cap will be indexed to inflation in $10,000 increments in future years.
50% 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.
IMPORTANT THIS YEAR: Section 179 for Current 2017 Tax Year
Section 179 can provide you with significant tax relief for this 2017 tax year, but equipment and software must be financed and in place by midnight December 31, 2017. Use this 2017 Section 179 Calculator to see how much the Section 179 tax deduction can save your company.
2016 Section 179 Tax Information (Last Year)
The PATH ACT passed in December of 2015 affected 2016 and beyond, making the Section 179 deduction for 2016 $500,000. In addition, the 50% Bonus Depreciation was reinstated.
Click Here for the fully updated Section 179 Calculator for tax year 2016 (Last Year).
Answers to the Three Most Common Section 179 Questions
How Much Can I Save on My Taxes in 2017?
It depends on the amount of qualifying equipment and software that you purchase and put into use. See the handy Section 179 Calculator that’s fully updated for 2017, and includes any/all increases from any future legislation.
What Sort of Equipment Qualifies in 2017?
Most tangible business equipment qualifies. Click here for qualifying property.
When Do I Have to Do This By?
Section 179 for 2017 expires midnight, 12/31/2017. If you wish to deduct the full price of your equipment from your 2017 taxes and take advantage of the new higher deduction limits, it must be purchased and put into service by then.
Many businesses are finding Section 179 Qualified Financing to be an attractive option in 2017, especially since the expected Federal Discount Rate increases don’t leave much time for action. Please apply today.
More Section 179 Deduction Questions Answered
Welcome to Section179.Org, your definitive resource for all things Section 179. We’ve brought together a large amount of information regarding Section 179, and clearly and honestly discuss the various aspects of IRS §179 in plain language. This will allow you to make the best possible financial decisions for your company.
Section 179 can be extremely profitable to you, so it is to your benefit to learn as much as possible. To begin, you may have a lot of questions regarding Section 179 such as:
We’ll answer all of these questions, and make certain that you come away with all of the knowledge you need to make smart business decisions in this 2017 tax year regarding equipment and/or software purchasing and Section 179.
Why? Because if you’ve been thinking about buying or leasing new equipment and/or software, it’s definitely to your advantage to use this excellent tax break.
Successful businesses take advantage of legal tax incentives to help lower their operating costs. The Section 179 Deduction is a tax incentive that is easy to use, and gives businesses an incentive to invest in themselves by adding capital equipment. In short, taking advantage of the Section 179 Deduction will help your business keep more capital, while also getting needed equipment, vehicles, and software.
Free Tools that Make Calculating Section 179 Deductions Simple
Section 179 is really very simple. You buy, finance or lease qualifying equipment and/or software, and then take a full tax deduction on it this year (also, there are a few other things, which we’ll go over, but in a nutshell, that’s the idea). To give you an estimate of how much money you can save, here’s a Section 179 Deduction Calculator to make computing Section 179 deductions simple.
If you use the calculator, take note of the savings on your tax obligation. Many people find that, if they lease or finance their Section 179 qualified equipment, the tax savings actually exceed the first year’s payments on the equipment (making buying equipment profitable for the current tax year). This is perfectly legal, and a good example of the incentive that Section 179 provides small and medium businesses.
Visit our website to learn more about our line-up of new material handling equipment, including:
Tri-Lift NC, Inc. is your source for quality material handling equipment, service, parts and rentals. Visit our website to learn more. Then contact us for a quote at 866-393-9833.
Posted: November 28, 2016 Filed under: Forklift Safety, news, Regulatory, Uncategorized | Tags: employee safety, Forklift Lockout, forklift operator safety, forklift safety, OSHA Citations 2016, OSHA Violations 2016
Every October, the Department of Labor’s Occupational Safety and Health Administration releases a preliminary list of the 10 most frequently cited safety and health violations for the fiscal year, compiled from nearly 32,000 inspections of workplaces by federal OSHA staff.
One remarkable thing about the list is that it rarely changes. Year after year, OSHA inspectors see thousands of the same on-the-job hazards, any one of which could result in a fatality or severe injury.
More than 4,500 workers are killed on the job every year, and approximately 3 million are injured, despite the fact that by law, employers are responsible for providing safe and healthful workplaces for their workers. If all employers simply corrected the top 10 hazards, we are confident the number of deaths, amputations and hospitalizations would drastically decline.
Consider this list a starting point for workplace safety:
- Fall protection
- Hazard communication
- Respiratory protection
- Powered industrial trucks
- Machine guarding
- Electrical wiring
- Electrical, general requirements
It’s no coincidence that falls are among the leading causes of worker deaths, particularly in construction, and OSHA’s top 10 list features lack of fall protection as well as ladder and scaffold safety issues. We know how to protect workers from falls, and have an ongoing campaign to inform employers and workers about these measures.
OSHA says far too many workers are killed or gruesomely injured when machinery starts up suddenly while being repaired, or hands and fingers are exposed to moving parts. Lockout/tagout and machine guarding (including lift trucks) violations are often the culprit here. Proper lockout/tagout procedures ensure that machines are powered off and can’t be turned on while someone is working on them. And installing guards to keep hands, feet and other appendages away from moving machinery prevents amputations and worse.
The high number of fatalities associated with forklifts, and high number of violations for powered industrial truck safety, tell us that many workers are not being properly trained to safely drive these kinds of potentially hazardous equipment.
Rounding out the top 10 list are violations related to electrical safety, an area where the dangers are well-known.
Their list of top violations is far from comprehensive. OSHA regulations cover a wide range of hazards, all of which imperil worker health and safety. They urge employers to go beyond the minimal requirements to create a culture of safety at work, which has been shown to reduce costs, raise productivity and improve morale. To help them, OSHA has released new recommendations for creating a safety and health program at their workplaces.
OSHA has many additional resources, including a wealth of information on their website and their free and confidential On-site Consultation Program. But tackling the most common hazards is a good place to start saving workers’ lives and limbs
Posted: April 20, 2016 Filed under: news, Uncategorized | Tags: Charlotte News, forklift news, Greensboro News, KION Group, lift truck news, Linde Material Handling, material handling news, Raleigh News, Tri-Lift NC Inc.
|KION Group, Linde Material Handling’s parent company, introduced the “Palmetto Award” in 2015. The award was designed to recognize Linde dealers throughout North America that achieved KION’s aggressive annual sales goals.
Linde Material Handling, the leading forklift in Europe, is committed to the North American market and has assembled plans for dealers to market the Linde forklift line effectively in their areas of primary responsibility (APR).
Bob Bond, President of Tri-Lift NC, Inc. stated “We added the Linde line of forklifts two years ago for a couple of reasons. One was the quality of the product. Linde forklifts are simply unparalleled in terms of engineering, design and manufacturing. We wanted a forklift line that was suited for the most demanding industries in North and South Carolina. The second reason was Linde’s commitment to the North American market.” He went on to ad “We put together marketing and sales plans of our own to achieve the goals established by Linde, and we are very proud of all of the associates at Tri-Lift NC, Inc. who made this award possible.”
About KION Group
KION North America Corporation is a member of the KION GROUP AG, the world’s second largest manufacturer of industrial trucks. Their brand companies, Linde, STILL, Baoli and Egemin, serve the specific requirements of the U.S., Canadian and Mexican markets with a comprehensive and complementary product portfolio. Headquartered in Summerville, S.C., KION North America’s products are known for their innovative technologies, low energy and low operating costs.
About Tri-Lift NC, Inc.
Tri-Lift NC Inc., based in Greensboro, North Carolina is a full service material handling company with branches in Greensboro, Raleigh, Charlotte, North Carolina and satellite branches in Greenville and Columbia, South Carolina.