Funding & Incentives Archives - BHS Industrial Equipment

IIoT Security for Electrical Wholesalers: Mitigating the Risks of Industry 4.0

Every week, more low-cost sensors, devices, and analytics platforms hit the market. This is the Industrial Internet of Things (IIoT) — industrial equipment that tracks its own data, connects to a network, and transforms information into insight. And IIoT isn’t limited to high-profile use cases like smart manufacturing or asset tracking in the supply chain. It can also help electrical... Continue Reading

The Great Resignation, a Technician Shortage, and Tips to Help Industry Respond

One of the lingering effects of a pandemic economy is a labor shortage so pervasive it has its own name: The Great Resignation. As recently as February 2022, there were more than 11 million jobs open in the United States, figures that outpaced economist predictions. A lot of coverage of the Great Resignation focuses on the service economy, where employers... Continue Reading

Material Handling and Supply Chain Trends to Watch in 2022

As we enter a new year following repeated shocks to global supply chains, analysts are listing the supply chain trends they expect to dominate the near future of industry. Many of these trends are focused on the promise of artificial intelligence and other digital technologies — blockchain, robotic process automation, growing data visibility. Other experts (including a few at the... Continue Reading

5 Surprising Advantages of Automated Warehouses—and How to Start Realizing Them

The broad advantages of automated warehouses are well-known. Automation cuts costs. It improves efficiency. It boosts productivity and accuracy and even sustainability. But what does that all mean to the DC manager looking to fill accelerating orders during a labor shortage? The view from 30,000 feet up is nice, but it’s not helpful when your challenges are up-close and highly... Continue Reading

Electric Forklift Fleet Management Solutions: Frequently Asked Questions

The forklift fleet ranks high on any company’s list of valuable assets—and that’s especially true for electric lift trucks, which add high-tech batteries to the mix. Managers must ensure forklifts are safe, batteries are fully charged, and all your equipment is being maintained properly. In other words, you have to manage the fleet, and there’s a broad range of forklift... Continue Reading

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

Tax Benefits in Mexico: Incentives for Forklift Battery Rooms and Warehouse Equipment

In recent years, Mexican policy has tended to shy away from tax breaks and corporate incentives. Where these benefits do exist, they are usually highly targeted, selective, and competitive. That said, there are a few tax breaks that can help companies in Mexico invest in battery handling equipment and other warehouse infrastructure. Be sure to research the following programs before... 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