Why Section 179 is a Game-Changer for Metal Fabricators

As President of Mac-Tech, I frequently advise metal fabrication businesses on making the most of their equipment investments. One of the most impactful moves any shop can make is leveraging Section 179 of the tax code. This provision allows businesses to fully deduct the cost of qualifying equipment—like a hydraulic press brake—in the year of purchase. By applying this deduction, metal fabrication shops can immediately reduce taxable income, resulting in a lower tax bill and more cash flow to reinvest.

The Power of a Hydraulic Press Brake in Your Shop

Investing in a hydraulic press brake is not only about improving your shop’s output but also about enhancing your overall operational efficiency. Hydraulic press brakes are known for their precision, durability, and adaptability. Whether you’re handling heavy-duty bending jobs or producing intricate components, a press brake streamlines processes, reducing setup time and ensuring consistent quality. The versatility of this machine makes it an invaluable asset for any metal fabrication shop, giving you a clear edge in a competitive industry.

How Section 179 Maximizes Your ROI on Equipment Purchases

With Section 179, businesses don’t have to wait years to recover their investment in a hydraulic press brake. This tax code allows you to deduct the full purchase price of qualifying equipment immediately, providing an upfront financial boost. For example, if your press brake costs $100,000, applying Section 179 means you can deduct the entire amount this year, effectively reducing your taxable income by the same amount. This immediate deduction can be a game-changer, improving cash flow, strengthening your financial position, and allowing you to reinvest in other critical areas of your business.

Timing Matters: Secure Your Tax Savings Before Year-End

As the end of the year approaches, it’s the perfect time to consider an equipment upgrade. Waiting too long could mean missing out on this year’s Section 179 tax benefits. By purchasing or financing a hydraulic press brake now, you can secure tax savings for 2024 and position your business for growth in the coming year. Not only do you avoid the added costs associated with delayed purchases, but you also gain a productivity boost that sets your shop up for success.

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An Investment That Pays Off Today and Tomorrow

A hydraulic press brake isn’t just an addition to your shop; it’s an investment in the future of your business. With the advantages of Section 179, you can offset the cost of this essential equipment while reaping the benefits of increased production capabilities. By acting now, you’re making a proactive choice that maximizes both your operational efficiency and your tax savings. This decision doesn’t just benefit your bottom line—it strengthens your shop’s competitive edge in an industry that demands precision, efficiency, and forward-thinking investments.

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President

Joe Ryan
President, Mac-Tech

At Mac-Tech, we help manufacturers sleep at night by focusing on exceptional after-sale service. With a 10-man service team, we understand that while selling equipment is easy, supporting it long-term is where the real challenge lies. That’s why, over our 40 years in business, we’ve carefully selected our partners to ensure quick, effective support for our customers. Our team, alongside our factory partners, is always ready with technicians and parts to keep our customers' operations running smoothly.

I specialize in metal fabrication cutting, forming, and automation equipment for the precision, structural, and architectural metal markets. My approach is to deliver great value and quality solutions to metal fabricators, recognizing both their efficiencies and pain points. By presenting justifiable investments in new technology, I help our customers become more efficient, safer, and ultimately more profitable.

One highlight of my work is the relationship we built with L&N Fabricators in Gillet, WI. After they experienced dissatisfaction with their previous fiber lasers, we stepped in with preventive maintenance packages for their existing equipment, even though it wasn’t originally ours. This led to us securing an order for a new 20kW HSG Fiber Laser. We also discovered that high-wattage fibers reduce overall gas usage while increasing cutting speeds and capacities, further validating the benefits of this technology.

If you’re interested in maximizing your operation's efficiency or need advice on the latest in metal fabrication technology, don’t hesitate to reach out. I’m here to help you achieve your goals.

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