Schedule a visit, meet the team, and tour our state of the art facilities.
SAVE THE DATE! 2012 Thermoforming Conference
By Vanessa Del Gallo 16th May 2012
SAVETHEDATE! SPE’s 21st Annual Thermoforming Conference “Thermoforming Today” will be held September 23-25, 2012, at the Amway Grand Plaza Hotel in Grand Rapids, Michigan. Come be a part of the only tradeshow specifically dedicated to all things thermoforming. Enjoy technical seminars, a dynamic parts competition, plant tours and more! Everyone who is anyone in thermoforming will be there. Make your plans now! For more information on the upcoming 2012 Conference, contact MAAC or visit the official SPE Thermoforming Division website today.
MAAC Machinery Will Be Exhibiting At NPE2012: International Plastics Show
By Paul Ryan 2nd February 2012
MAAC Machinery invites you to stop by Booth 3019 at NPE2012: The International Plastics Showcase. Register today with our compliments and join us April 1-5 at the Orange County Convention Center in Orlando, Florida. Click here to register for a free Expo Pass, which includes admission to “Super Sunday” events, Monday’s sports night, exhibits, specialty pavilions, technology theaters and NPE shuttle services. Co-located conference programs require additional registration and fees.
You will not want to miss the exciting new technology that will be on display as NPE2012 reshapes the future of plastics. From the running machinery on the show floor to the educational sessions and emerging technology pavilions, NPE2012 is truly Breaking the Mold when it comes to business opportunities for the entire industry. With a new venue in Orlando and significant travel, accommodation and attractions savings for all attendees, NPE2012 will take on a fresh, bold form unlike any plastics showcase in the world.
We are proud to take part in NPE2012 and hope you will join us as our special guest!
1st Year Bonus Depreciation Incentive of 50% & Section 179 Expensing Increases to $560,000
By Vanessa Del Gallo 26th January 2012
The ‘Section 179 Deduction’ Helps Your Business!
As part of The Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010, an extension of the small business act of 2010’s bonus depreciation allowance has been included that allows a 50% bonus depreciation for investments like THERMOFORMINGMACHINES placed into service after Jan. 1, 2012 through Dec. 31, 2012! For bonus depreciation, equipment must be new and put to use in the U.S.
-Enhanced Code Section 179 Expensing Increased to $560,000 through 2012
-The 2012 Section 179 Deduction limit after adjustment for inflation has increased to $139,000
Section 179 is a tax code created to help businesses – By allowing businesses to deduct the full amount of the purchase price of equipment (up to certain limits), Section 179 is a fantastic incentive for businesses to purchase or lease equipment this year.
The various Stimulus Acts over the past few years have included special provisions for Section 179 and Bonus Depreciation, and greatly increased the limits on how much businesses can deduct. There is simply no better time than now to take advantage of Section 179 and Bonus Depreciation!
For more information, please visit the Section 179 website.
DISCLAIMER: MAAC Machinery is not licensed to provide accounting or legal advice. Please consult your own CPA or Counsel for any accounting or legal advice and as to how this new bill can help your company.
MAAC Machinery Active in SPE Thermoforming Division’s Machinery Grant Program
By Vanessa Del Gallo 12th January 2012
After nearly ten years of participation in the SPE Thermoforming Division’s Matching Grant Program, MAAC Machinery is proud to continue the tradition of academic support to our next generation of students. The SPE Grant Program is an excellent way for MAAC to support thermoforming education by offering matching discounts for new equipment. In addition to grant money awarded by the SPE Thermoforming Division, MAAC Machinery offers up to a $10,000 matching educational grant to allow colleges and universities the ability to learn and study on production type equipment.
MAAC has been building thermoforming machines for over 25 years. Our machines are seen as the most cutting edges; and are being used by colleges and universities that need a versatile, low maintenance machine for prototyping, research and development, or even full scale production and most importantly furthering education. Our ASP model machine is very compact, easy to use, reliable, and is designed with today’s most advanced heat transfer technology so you can form parts in industry leading cycle times using touch screen PLC controls. Our goal is to have students enter the industry with some real world experience.
MAAC is proud to have contributed to the grant programs for many colleges and universities throughout the country, to name a few: Illinois State University, University of Massachusetts-Lowell, Millersville University, University of Alabama-Birmingham, California State University-Chico, University of Wisconsin-Platteville, Central Connecticut State University, San Jose State University, Gettysburg High School, North Carolina Center for Engineering Technology, Eastern Washington University, UCLA-School of Architecture and Design, Pennsylvania College of Technology, Auburn University, and South Dakota School of Mines and Technology.
Some of these universities have now developed and added full classroom or school programs to their course offerings. Some have also created seminars and research and development programs available to our industry, which helps our current thermoforming industry professionals further their own growth and development.
MAAC Machinery Selected By How 2 Media To Be Part Of It’s “World’s Greatest!...” Television Series
By Paul Ryan 15th July 2011
How 2 Media, the producers of the television show “World’s Greatest!…”, selected MAAC Machinery Corporation to be a part of the popular television series.
“MAAC Machinery is exactly the type of company that we like to feature on World’s Greatest!…” They’re an innovative company, founded in 1982, with a long-standing reputation of providing thermoforming systems of the highest quality, and with training and service that are considered the benchmark for the industry. We think they have a great story to tell, and we are anxious to help them tell it” said Gordon Freeman, Executive Producer of the show.
“World’s Greatest!…” is a thirty minute show dedicated to highlighting the world’s greatest companies, products, places, and people. Each show is a fast paced tour around the world featuring behind the scenes footage, informative interviews, and exciting visuals.
How 2 Media is a 21st Century television production company. Their award winning programming can be seen on national cable channels and local network affiliates across the country.
1st Year Bonus Depreciation Increases to 100% & Section 179 Expensing Increases to $500,000
By Paul Ryan 4th May 2011
First Year Bonus Depreciation Increased to 100% for Equipment Placed Into Service Between September 8, 2010 through December 31, 2011
As part of The Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010, an extension of the small business act of 2010’s bonus depreciation allowance has been included that allows an increase from 50% to 100% bonus depreciation for investments like EQUIPMENT placed into service after Sept. 8, 2010 through Dec. 31, 2011! For bonus depreciation, equipment must be new and put to use in the U.S.
Enhanced Code Section 179 Expensing Increased to $500,000 through 2010 and 2011
The Small Business Lending Fund Act signed into law on September 27, 2010, contains numerous tax provisions. The act increases the section 179 expense deductions to $500,000 from $250,000 for both 2010 & 2011!
Section 179 expensing: The increase in the Section 179 expensing amount to $500,000 and the increase in the phase-out threshold to $2,000,000 are both extended for 2010 and 2011.
DISCLAIMER:MAAC Machinery is not licensed to provide accounting or legal advice. Please consult your own CPA or Counsel for any accounting or legal advice and as to how this new bill can help your company.
