Stimulus Plan for Manufacturing

The stimulus package for business will be kicking in this fall in a big way as companies and individuals figure out if they are making money for the year, and make the calculation that if Uncle Sam is giving money away they might as well catch it in their basket. The doubling of the expensing provision to $250,000 means that a small business could buy a couple of A-20 Citizens and get a fat $75,000 discount thanks to Uncle.

This could be a rollicking fourth quarter for machine tool builders if they position themselves with appropriate financing packages for buyers who know a good thing when they see it.

Permac (video below), a PMPA member from Burnsville, Minnesota, is one firm that is taking advantage of the Bush Stimulus.

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