Posted: August 7, 2018 Filed under: Equipment, Information and News, Uncategorized | Tags: BYD Forklifts, charlotte, electric forklift, greensboro, material handling, new forklift, new forklifts, north carolina, raleigh, South Carolina
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.
Posted: June 23, 2017 Filed under: Forklift Safety, Information and News, Uncategorized | Tags: Aerial Lift Parts, charlotte, Columbia, forklift parts, greensboro, Greenville, north carolina, raleigh, South Carolina
Whether you have one, 20 year old internal combustion forklift, or a fleet of brand new electric forklifts, you can count on the professionals at Tri-Lift NC, Inc. to find the right part for your operational needs, regardless of the year, make or model of your forklift.
Our forklift and aerial lift parts specialists have the experience to know what questions to ask to ensure you’re getting the right part for your need, whether you know your need or not. Often times, OEM parts are required to maintain factory warranty, other times, aftermarket or remanufactured/refurbished forklift parts are just fine. We will work with you to source the parts you need, at the price you want.
And there are few companies that make the financial investment to inventory as many popular parts as Tri-Lift NC, Inc. From our branches in Greensboro, Raleigh, Charlotte, Columbia and Greenville, we source parts for thousands of companies all over North Carolina and South Carolina.
Learn more about our forklift parts capabilities, then contact your local Tri-Lift NC, Inc. facility to get a quote, or place your order. We want to be your One Reliable Source for all your materials handling equipment, service, parts and rental needs.
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: June 14, 2016 Filed under: Employee Safety, Forklift Safety, Uncategorized | Tags: charlotte, Columbia, Forklift Operator Training, forklift safety, Forklift Safety Day, Forklift Safety Day 2016, greensboro, Grennville, north carolina, raleigh, South Carolina
The day is here and companies all around the country are taking time today to bring awareness to the dangers presented by forklifts. We’ve been promoting what you can do to celebrate Forklift Safety Day, and today, our flagship line, CLARK Material Handling is having a celebration at their Lexington, KY headquarters. Below is a summary of the festivities.
Lexington, KY (June 3, 2016) – CLARK Material Handling Company, underscoring its commitment to the safe use of forklifts and importance of operator training, is hosting a community-wide forklift safety awareness event at its Lexington campus on Tuesday, June 14, 2016, in support of the third annual National Forklift Safety Day. The program will run from 11:30AM to 1:30PM and is open to the public. CLARK is located at 700 Enterprise Drive in Lexington, KY at the intersection of New Circle Road and Old Frankfort Pike.
A full schedule of events planned to endorse and promote National Forklift Safety Day include:
- An open house including plant tours at 11:30AM and 12:30PM
- Special Flag Raising Ceremony at 12:00 noon, in honor of Flag Day
- “Lift Truck Rodeo” competition and safety demonstrations
- A display of aftermarket safety products
- The premiere of the new CLARK video, “Forklift Safety: Pre-Shift Inspection”
- Local media coverage including a live radio remote by 98.1 FM ‘The Bull’, WBUL
- Free lunch – prepared by Smokin’ Jax Grill
- Door prizes
In addition to the activities in Lexington, CLARK executives will participate in the Industrial Truck Association (ITA) National Forklift Safety Day events taking place June 14 in Washington, D.C.
“It is vitally important to emphasize the safe use of forklifts and proper operator training,” stated Dennis Lawrence, President and CEO of CLARK. “Forklift safety is not just a one day per year focus. At CLARK, forklift safety is our top priority every day. We are proud to join with the ITA and our fellow forklift manufacturers to raise awareness about the safe use of forklifts and the continual need for operator training.”
In further support of forklift safety, CLARK is offering customer discounts on select safety products purchased during June, 2016. Additionally, CLARK is conducting a lift truck operator instructor training certification course for a number of area companies.
National Forklift Safety Day, sponsored by the Industrial Truck Association, serves as a focal point for manufacturers to highlight the safe use of forklifts and the importance of operator training. This day provides an opportunity for the industry to educate customers, policymakers and the administration on forklift operating safety practices.
Tri-Lift NC, Inc. is your source for quality new forklifts, forklift service, parts, rentals and Forklift operator training. Contact us 866-393-9833 to inquire about any of our products or services.
Posted: June 6, 2016 Filed under: Equipment, Information and News, Management, Regulatory, Uncategorized | Tags: charlotte, Columbia, greensboro, Greenville, High Capacity Forklift, New Aerial Lift, New Boom Lift, New CLARK Forklift, New Cushion Forklift, New Diesel Forklift, New Electric Forklift, new forklift, new forklifts, New Hoist Forklift, New IC Forklift, New Lift Trucks, New Linde Forklift, New Pneumatic Forklift, New Scissor Lift, New UniCarriers Forklift, north carolina, raleigh, South Carolina
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.
Posted: May 3, 2016 Filed under: Equipment, Uncategorized | Tags: Baoli Forklifts, charlotte, greensboro, KION, Linde Material Handling, new forklift, new lift truck, north carolina, raleigh
Tri-Lift NC, Inc, as a distributor of Linde products, welcomes Kion Group’s (Linde’s parent company) the Baoli forklift line to our product line-up.
Baoli is a world-wide company with over 700 employees and sales on every continent! Kion acquired Baoli in 2009 and has begun rolling out their products to US distributors in 2016.
From it’s 1.3 million square foot plant, Baoli produces a full-line of material handling equipment from electric pallet jacks to 20,000lb diesel forkifts and has over 260 distributors in more than 80 countries!
The first product to hit our market is the KBG25/35. It comes in 5,000lb and 7,000lb capacities with pneumatic tires. The KBG features a Nissan IMPCO K25 engine, Bolzoni side shifter and suspension seat. Click here to see the remaining standard equipment and options for the KBG.
Kion is expected to continue to roll out the remainder of the Baoli line-up in 2016 and 2017. We are very excited about the opportunities that this roll out presents to our markets. Baoli is a strong product with a very competitive price that will be very competitive in the US market.
New Baoli KBG25
- 189″ triple stage mast with hang-on sideshifter and 42″ forks
- Scratch resistant splatter paint
- Steering wheel with spinner knob
- Rear handle with horn button
- Full suspension seat
- Swing out LP tank bracket with LP tank included
- Solid pneumatic drive and steer tires
- Polycarbonate rain cap
- Strobe light and Full light package.
- See all the specs and more pictures
$19,900 Plus Tax and Freight or
*60 month FMV lease with approved credit. Normal clean operation. Restrictions apply. Contact us for details at 866-393-9833.
Posted: March 9, 2016 Filed under: Forklift Safety, Uncategorized, Warehouse Safety | Tags: aerial lift safety, Aerial Lift Training, aerial lifts, boom lifts, charlotte, greensboro, I, north carolina, osha, raleigh, safety, scissor lifts, Tri-Lift NC
While aerial lifts are used frequently at construction, warehousing, and many other job sites, they can pose potentially fatal hazards to workers. Aerial devices include boom-supported aerial platforms, such as cherry pickers or bucket trucks, aerial ladders and vertical towers.
The major causes of injuries and fatalities are falls, electrocutions, and collapses or tip-overs, such as the one that killed Kevin Miranda in Taunton, Mass., on Aug. 18, 2015. Skyline Contracting and Roofing Corp. was fined more than $100,000 after OSHA inspectors found that the aerial lift was positioned on unleveled ground and determined that the company had not trained Miranda to recognize this hazard.
Learn about the fall-related risks and recommended safe work practices associated with this equipment by visiting the new NIOSH Aerial Lifts webpage. The page includes a Hazard Recognition Simulator designed to help you acclimate to aerial lift operation. Additional resources on aerial lift safety are available from OSHA.
One way to improve your aerial lift safety is to be sure your operators are thoroughly trained to operate aerial lifts, based on the kind you operate and the conditions and terrain you operate them under. Visit our training page to learn more about our training programs.
Making sure your aerial lifts are operating safety is to put them on a regular maintenance schedule. It doesn’t take much to make a safe aerial lift become very unsafe. Damaged tires, hydraulic lines, worn parts etc…are all ways to increase the dangers of operating your aerial lifts. Visit our service page to learn more about our service program.s
To speak to us about your aerial lift safety and service, please contact us or give us a call at 866-393-9833.
Posted: December 23, 2015 Filed under: Employee Safety, Forklift Safety, Regulatory | Tags: charlotte, forklift operator safety training, forklift safety, forklift service, greensboro, north carolina, osha, raleigh
On November 3rd it was announced that OSHA would increase penalties for the first time since 1990. The new provision is entitled the “Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015.”
This law compensates for the “freeze” on financial penalty increases that had been in place for the last 25 years. The Agreement allows OSHA to make a one-time “catch-up” increase to compensate for the more than two decades of no increases. The catch-up increase can’t exceed the inflation rate from 1990 through 2015 as measured by the Consumer Price Index (CPI), which will be about 82%.
Assuming OSHA applies the maximum catch-up increase allowed, the current maximum $70,000 fine for a Repeat and Willful violation would grow to as much as $125,000 each. The new act does include a potential exception to the increases. OSHA is allowed to forego following the guidelines if “increasing the civil monetary penalty by the otherwise required amount will have a negative economic impact [on America]” or “the social costs of increasing the civil monetary penalty by the otherwise required amount outweigh the benefits.” This language gives OSHA considerable latitude to apply these fines as they see fit. After this one-time catch-up increase, OSHA will use inflation rate as a guide for future increases.
Employers may have several months to anticipate these higher penalties, but action on safety should begin immediately. Ensuring your forklift fleet is being properly maintained by service professionals and that all your forklift operators have current training on the equipment they operate, in the facility they operate them in, will keep you protected from these fines.
As we have discussed in previous articles forklift operator training and forklift maintenance have benefits that go beyond avoiding expensive penalties. Workplace safety protects workers, improves morale and can actually help the bottom line profits for all workplaces. Rather than just treating safety as an expense, management should work to develop a business plan to achieve safety goals, avoid fines, and reduce insurance expense and lost time.
Visit our Forklift Operator Training page and learn more about our Planned Maintenance Program to ensure your fleet, and operators are safe and productive. Then contact us at 866-393-9833 for a quote to proving ongoing training and maintenance to ensure they both stay within safe operating parameters.
Posted: December 22, 2015 Filed under: Information and News, Management, Regulatory | Tags: charlotte, Columbia, greensboro, new forklift, new lift truck, north carolina, raleigh, Roankoke, South Carolina, tax deductions, tax savings on forklift, used forklift, used lift truck, virginia
Congress 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.
Posted: October 12, 2015 Filed under: Employee Safety, Forklift Safety, Information and News, Regulatory, Service & Maintenance, Warehouse Safety | Tags: charlotte, employee health, employee safety, forklift operator safety training, forklift safety, greensboro, north carolina, osha, OSHA Top Ten Citations 2015, raleigh
The Occupational Safety and Health Administration (OSHA) announced the preliminary Top 10 most frequently cited workplace safety violations for fiscal year 2015. Patrick Kapust, deputy director of OSHA’s Directorate of Enforcement Programs, presented the Top 10 on the Expo floor as part of the 2015 NSC Congress & Expo, the world’s largest gathering of safety professionals.
“In injury prevention, we go where the data tell us to go,” said National Safety Council President and CEO Deborah A.P. Hersman. “The OSHA Top 10 list is a roadmap that identifies the hazards you want to avoid on the journey to safety excellence.”
The Top 10 for FY 2015* are:
- Fall Protection (1926.501) – 6,721
- Hazard Communication (1910.1200) – 5,192
- Scaffolding (1926.451) – 4,295
- Respiratory Protection (1910.134) – 3,305
- Lockout/Tagout (1910.147) – 3,002
- Powered Industrial Trucks (1910.178) – 2,760
- Ladders (1926.1053) – 2,489
- Electrical – Wiring Methods (1910.305) – 2,404
- Machine Guarding (1910.212) – 2,295
- Electrical – General Requirements (1910.303) – 1,973
As you can see, forklifts and lift equipment is high on OSHA’s lists of citations. One way to avoid citations pertaining to your forklift fleet is to ensure you’re following OSHA’s regulations regarding powered industrial trucks (lift trucks), that your fleet is being properly and regularly maintained and that your forklift operators have received adequate training, and that the training is up-to-date.
If you’re unsure of your fleet’s condition or your operator’s training status, contact us at 866-393-9833 and we will help you ensure you do not end up on OSHA’s list of citations!