Save the Date!

New Lines of NEW Equipment

Hi Tech Plastics (A Division of Nationwide UPM) Is proud to announce that we now sell  NEW Virtus Granulators and Shredders.

We are also proud to announce that we are Authorized Representatives and Distributors of NEW Hamilton, Dryers, Loaders, Thermolators, Chillers, conveyors and more. We will be listing items on the website soon, in the mean time feel free to call for details and pricing.

How’s business? Are you going like gang busters?

Chances are that even if you are busy, you’re worried about what is around the corner. Sales have been down for our industry so far this year. That is usually a reflection of how things are going in the manufacturing world. Often times the news will say a “depression” or “recession” is coming or upon us, and it turns out to be a self fulfilling profecy. People hear that and start tightening their purse strings. The resulting condition causes less consumer spending which inturn translates to lower production needs. When people aren’t buying, we work less, which means we also buy less. It’s a viscious circle. What can you do? Well, for starters, you can check out some gently used equipment to replace your worn out equipment at a fraction of the cost of new. You may also want to check out some alternate sources for new equipment. We realize everyone wants to buy american, but unfortunately not much of our equipment is really made here anymore. We have some alternate options like Borche molding machines, Shini Dryers, and many more. Think of Nationwide UPM first for all your manufaturing and auxiliary needs!

Late Tuesday evening HR.5771 was passed by the Senate having already been approved by the House on December 3^rd. Once signed by the President into law (sources indicate he will sign this bill) the law will extend the tax breaks regarding Increased Expensing and Bonus Depreciation that expired in 2013 through December 31, 2014.

• Through December 31, 2014 the Section 179 Expense Deduction Limit is $500,000
• 2014 Limit on Capital Purchases = $2 Million
• 50% “Bonus Depreciation” on qualified assets placed in service during 2014, however Bonus Depreciation does not apply to Used Capital Equipment
• As always customers should seek advice from their tax advisers

Read Related Reports Here

A while back we announced that we would be having another open house to showcase our new line of Borche injection molding machines. We were ramping up setting up promotional giveaways, catering and all the great things you’d expect from an open house. Jon had the showroom looking great with  a 66 Ton, 88 ton, 132 ton, 165 ton, 440 ton and even a 715 ton Borche molder. All were lined up neatly and shining proudly. So what’s the holdup you might ask?? Well, frankly, we can’t seem to keep the machines on our floor long enough to have our open house, in fact we’re having a hard time getting them to sit  on our floor for any length of time at all. We are actually having to bypass our showroom and have some orders sent directly from the manufacturer to our customers. Borche’s quality speaks for itself, as there are Borche molders that have been in place and running smoothly for more than 10 years. Also Borche uses components that are readily available  in their North American warehouse and/or compatible with locally available parts such as Vickers ,Rexroth, ABB, and Schneider. To top it all off, North American service and support, and unbeatable pricing when comparing machines of like quality, are the challenges we face when trying to keep these beautiful molders on our floor for your inspection. Hey, we’re not complaining about having a line of equipment that practically sells itself, we’re just hoping to have the opportunity to meet you in person and show you what we can do for you!