Jim and Mark Ruma attended the East Coast Sawmill and Logging Expo in Richmond, VA on May 16 - May 18Th, 2008. This year's expo was sponsored by Virginia Forest Products Association and the Virginia Tech Extension Service. With over 250 exhibitors from the sawmill and pallet equipment industries inside and outside, Jim and Mark covered alot of ground. They particularly spent time looking at the Center Lift Stacker and the Infinity Stacker System by Industrial Resources. Jim and Mark were very impressed with the Infinity system and going over the dimensions and cost for implementation at Ruma Pallet World of New England. Automating our pallet operation has been our goal for some time now. Improving pallet production efficiency and researching new pallet equipment have been the main purpose of attending these trade shows. the hands on aspect of inspecting new and used pallet equipment is outstanding. Being able to discuss concerns and ask vendors questions face to face allows us to make more informed decisions when choosing new equipment for our pallet company.
The Stimulus Plan will benefit Pallet World with the new pallet equipment that we will be purchasing. In addition to allowing stimulus checks ranging from $300 - $1200 per individual and couples, President Bush's stimulus plan allows key tax breaks for business that are planning to buy new equipment. With 50 % bonus depreciation on services rendered in 2008, Pallet World can also write off new and used equipment purchases in 2008. These write offs have doubled from $128,000 to $250,000. If we decide to purchase this new pallet equipment for our wooden pallet recycling business, we will be able to take advantage of these stimulus initiatives.
A special thank you to American Machine Systems, Eagle Metal, Econotool, Edge Manufacturing, Smart Products, Stanley-Bostitch, and Stapling Machines. It was pleasure seeing you again and we hope to continue our partnerships with your companies for many years to come.
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