LEXINGTON, KY – April 1, 2021 – CLARK Material Handling Company, a top-ten global manufacturer of forklift trucks and spare parts, announces an expansion of the CLARK standard warranty for Carriage to Counterweight and Powertrain coverage for up to three years.
Specifically, beginning April 1, 2021 the CLARK Protection Plan standard warranty now covers:
Full “Carriage to Counterweight” for two years or 4,000 hours, whichever comes first
Powertrain for three years or 6,000 hours, whichever comes first
This warranty change actively demonstrates the high-quality engineering, manufacturing and componentry that goes into each CLARK product. This new and expanded “bumper to bumper” standard warranty ensures that when purchasing a CLARK product, it is indeed “Built to Last.”
“CLARK customers have come to expect the highest quality from their CLARK forklift. This new two-year/4,000-hour warranty is yet another way we’re standing behind the quality of our product and helping customers achieve their business and production goals,” noted Chuck Moratz, Senior Vice President of Engineering.
Intended to provide end-customers peace of mind when purchasing products for their business, the new CLARK Protection Plan two-year/4,000-hour warranty ensures that, on the off-chance, an electrical or mechanical issue arises with their CLARK forklift during that period, CLARK will be there for them.
To complement this expanded standard warranty, CLARK has also released new optional warranties for which information is available through CLARK dealers.
“In the Material Handling Industry, as with many industries, truck down time is a big issue – especially now with the consumer market as it is,” commented Moratz. “Our new and expanded warranty lets our customers know they can buy with confidence when they buy a CLARK. We stand with our customers as we are ‘Built to Last.’”
Tri-Lift NC, Inc. is proud to announce that we are now the authorized distributor of BYD forklifts in North and South Carolina.
BYD has been on the cutting edge of electric powered commercial vehicles for over 25 years, and brought its technology to the United States three years ago. Since then, their Lithium Iron Powered Phosphate battery powered forklifts have gained in popularity and BYD has been adding distributors rapidly as demand has increased.
BYD forklifts utilize one battery per forklift, that never has to be changed. The battery charges in about 1.5 hours, does not need to cool down and a single charge can last up to 15 hours. Their battery comes standard with a 10 year warranty.
Learn more about the BYD forklift, the history of BYD and how this new forklift is re-shaping the electric forklift market. We are proud to have been selected as the exclusive distributor of these fine products in our North and South Carolina markets.
With the passage and signing into law of H.R.1, aka, The Tax Cuts and Jobs Act, the deduction limit for Section 179 increases to $1,000,000 for 2018 and beyond. The limit on equipment purchases likewise has increased to $2.5 million.
Further, the bonus depreciation is 100% and is made retroactive to 9/27/2017 and good through 2022. The bonus depreciation also now includes used equipment.
Answers to the Three Most Common Section 179 Questions
How Much Can I Save on My Taxes in 2018?
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 2018, and includes any/all increases from any future legislation.
When Do I Have to Do This By?
Section 179 for 2018 expires midnight, 12/31/2018. If you wish to deduct the full price of your equipment from your 2018 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 2018, 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:
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.
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:
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.
Since 1968, Tri-Lift NC, has served the Carolinas and now we are proud to announce that our full-service material handling facility in Charlotte is now open and ready for business!
Our 18,000 square-foot, state-of-the-art facility is located close to Douglas International Airport, with easy access to I-77 and I-85. This strategic location is significant in that it gives us a permanent presence in Charlotte and allows us to service our South Carolina clients and sourthern North Carolina customers from this facility.
Our new facility’s forklift service department touts factory trained and certified forklift technicians as well as fully equipped service vans for full-service mobile forklift service and repair.
To meet your forklift and material handling rental needs, we have a large forklift rental fleet ready to go, including access to our entire company’s rental fleet with numerous long-term rental and short-term rental programs to meet your needs.
You can find us at 2421 Executive Street, Charlotte, NC 28208. Give our highly-trained, customer-focused branch personnel a call at 800-929-0561.
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