Home » Blog » Archive by category "Funding & Incentives"

Funding & Incentives

From tax breaks to grant programs, government funding can help with capital investments on forklift battery rooms, material handling equipment, and electrical tools. Learn more here.

Topics

  • Running Data Cable While Minimizing Product Loss

    Running data cable can be a tricky job, particularly in high-volume installations. Electricians may find themselves pulling network cable through branching conduit, complete with difficult twists and turns — and it’s not enough simply to make the pull. Installers must also be careful not to damage cable. Damaged cable can remain hidden all the way up to the certification check,... Continue Reading
  • Coping with the Skilled Labor Shortage in Manufacturing, Electrical, and Other Industries

    The skilled labor shortage isn’t going away anytime soon, and industrial employers need innovative solutions to address the problem. Per a report from the American Action Forum (AAF), employers in nearly every state will face significant shortages of qualified workers by 2029. These shortages are not confined to skilled trades, but industrial employers — warehouses, manufacturing facilities, and electrical distributors,... Continue Reading
  • Electric Forklift Fuel Savings Compared with IC Trucks

    A recent claim by a leading energy provider states that electric forklifts can save up to 80 percent of the fuel costs associated with trucks that run on internal combustion engines, specifically those powered by liquid propane. Of course, an electric company certainly has a vested interest in encouraging the switch from IC to electric power. So how accurate is... Continue Reading
  • Write Off Your Battery Extractor System This Year

    Two scenarios: A Battery Extractor System is purchased with a total cost of $500,000. Total annual spend on equipment is less than $2,000,000. Section 179 allows a full deduction of $500,000 of your Battery Extractor System. 100% of the cost! Total annual spend on equipment is greater than $2,000,000. Bonus depreciation:  $250,000 Standard depreciation:  $35,714 Total depreciation expense:  $285,714 Nearly... Continue Reading