DECEMBER HOUSEKEEPING

I have been blogging for some time now about our company, so to begin this week’s blog I want to draw your attention to the top of the blog, I have placed a photo of what we are working on inside the “four walls” of F. P. Miller Company.

Back from the long Thanksgiving week-end, full of good food and a few pounds extra weight, it is time to get some work done and stay to task. It definitely seems as though we move through the last month of the year, so do the various distractions. No doubt everyone has the holidays on their minds, shopping, eating, driving, snow and etc., this is all good of course, but I would like to bring your attention back to the business at hand.

December is a great month to attend to those things that get forgotten during year, like preventive maintenance for example. When it comes to Blanchard Grinders it may be time to clean the dreaded beast, check the lube lines, replace or repair worn water guards and check the fluid levels. For your CNC machines, have you had a Renishaw Ball Bar analysis performed in the last year? This is a good practice to identify the run out in your machines and repair ball screws and ways before they fail in mid production. Of course the one thing that can put an end to your production in an instant has nothing to do with your machinery, of course I am speaking about your Air Compressor (s). These units are used every day in your plants and are as critical to your operations as is electricity. If you have not performed regular maintenance (Oil and separator filter change) this may be a good time to schedule a visit from our air compressor technicians, we service all brands and styles.

Of course, if you have been under a rock and are not aware of HR-5297, it is aimed at helping small business, and among other provisions it raises Section 179 expensing levels to $500,000 (and the phase-out threshold amount to $2 million) The $500,000 amount applies to the cost of depreciable tangible personal property purchased for use in the active conduct of a trade or business. Hey as always, limitations apply so contact your tax adviser for complete details about HR-5297.

Lastly, do you have surplus equipment that has been sitting in your plant, not in use? Take a look around and see what you have that you would like to turn into cash and contact our sales staff. Take another spare moment in your day and click on these links to be a “fan” on our Facebook page,“follow us on Twitter, stay up to date on our Blogs or book mark our web site for all our services and machines.

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Have great Week!

Craig L. Ward

General Manager