News:

3.26.08 Economic Stimulus Package Benefits Meyercord Customers

Meyercord wants to alert all of its customers to the potential benefits of the recently-passed “Economic Stimulus Package”.  The law contains provisions that support capital investment which include all forms of stamping machinery.

• Companies that purchase less than $800,000 worth of capital assets in a year can expense the first $250,000 of capital investments made in 2008.
• Our customers may be able to take the first-year bonus/accelerated depreciation – 50 percent of the cost of the investment (the remainder can be depreciated under regular depreciation rules).  To qualify, the equipment must be purchased and placed into service in 2008.
• Small companies can take advantage of the $250,000 deduction as well as the 50 percent expensing allowance.

NAM has provided a fact sheet on the stimulus package. Please click here to read more.

3.1.08 March Newsletter Out

March's Quarterly Newsletter mailed out but you can also access it online by clicking here.