custom welding solutions process

Custom Welding Solutions Designed for You

Bancroft Engineering puts the “custom” in customer service nearly every day.  We often receive inquiries from companies that are looking for help in developing a custom solution for a particular welding application—ranging from optimizing a specific process to tooling to a turn-key welding system.

 

These inquiries not only come in from existing customers who are looking to perform additional tasks with their Bancroft systems but also new customers who want to improve their manufacturing efficiency for the very first time.

 

We take pride in helping companies develop customized automated welding solutions when our standard products aren’t a viable fit for their specific application.

 

Our welding process development stages are designed to streamline your manufacturing operation. We take the time to understand your goals and pain points before putting together a solution that meets your needs. Read on for the breakdown of our complete custom welding solution process.

custom welding system

Pictured: A custom welding system built by Bancroft, both outside and inside of tube.

Step 1: Inquiry/Needs Analysis

The inquiry/needs analysis phase begins with the initial request regarding a need for a custom solution. Bancroft’s technical staff will work closely with your team to understand your automated welding problems and expectations.  This step often includes photos of your current machinery, part prints, videos and phone discussions. Get started improving your welding process by filling out our contact form here.

 

Step 2: Develop Solution

Our technical sales and engineering teams combine forces to brainstorm all the possible welding solutions during the solution development stage. At times, this is a collaboration between both companies or can be done entirely by Bancroft. We leave this decision up to each individual customer.

 

Step 3: Proposal, Budget & Timing

The proposal can come in the form of a single best solution to the problem or possibly numerous solutions depending on customer requirements. We will walk you through each solution, the timeline required and what results can be expected.

 

Step 4: Construction

The construction phase has many steps. Mechanical design, electrical design, fabrication, mechanical assembly, electrical assembly and testing are the basic construction steps. Often, this is a collaboration between Bancroft, our suppliers, the customer and their suppliers in order to build the optimal system.

 

Step 5: Support

After the construction process is completed, the time comes to put your system into production. If needed, Bancroft can assist you to integrate the new automated welding system on your shop floor. Regardless of your needs for assistance, one of our engineers will follow up with you to ensure the solution is properly addressing the initial problem and is working as expected.

 

Custom Welding Solutions by Bancroft

If you have any questions about our process or would like to inquire about a customized welding system for your company, please don’t hesitate to call us at 262-786-1880.  Or email us at sales@bancrofteng.com to get started.

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welding machine

Trade-In Trade-Up Welding Machine Program

Is your Bancroft Welda-round starting to show signs of aging?  Do you think it might be time to replace your old Bancroft welding machine and trade-up to a newer, more efficient model that can truly fit your needs?

 

We recently had a customer approach us with this exact situation.  We started our normal process of quoting them a new machine and/or to rebuild their existing equipment.  They responded with, “I like the rebuild idea, but we cannot afford the downtime.”

 

welding machines

Bancroft Rotary Welding Machines

 

This got our sales team thinking! “We either need to stock a refurbished 300 Welda-round so we can send it to our customer and trade them for their current machine.  OR, can we send a new machine at a discount and take their old machine in on trade?”

 

The answer?  Our new Trade-In Trade-Up Program!  Trade-in your old Welda-round and your new rotary welding machine will come with all the same options as your current machine plus give you the capability to add on more features to suit your needs.

 

We hope our new Trade-In Trade-Up offering will significantly help our existing customers. Here are a few big perks for utilizing this new program:

  • Use the latest and greatest in automated welding technology
  • Ensures you’ll get a great price for your former or out-dated machine
  • Eliminates the inconvenience of downtime
  • Removes the hassle of waiting for the older machine to be sold, uninstalled and moved out of the way

 

Get Started with the Trade-In Trade-Up Welding Machine Program

 

To trade-in your old welding machine, simply send us a picture of it. Within 48 hours you will receive a quote that will include your trade savings.  We guarantee a minimum of $5,000 in savings regardless of your machine’s condition!

 

Included in this program, Bancroft will offer FREE shipping of your old equipment back to our plant in Waukesha, WI.

 

For complete details, call: 262-786-1880 or email us at sales@bancrofteng.com.

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Section 179 Expensing

Take Advantage of Section 179 Expensing in 2018

If you’re in the market for automated welding equipment of any kind, there has never been a better time to invest in innovation from Bancroft Engineering. There is still time to order and have your machine delivered by the end of the year. Our schedule is filling up quickly, so act now!

 

We would like to remind our customers that Section 179 of the United States Internal Revenue Code (26 U.S.C. § 179) has been restored to a write-off of up to $1,000,000 for 2018.  To qualify, the equipment must be:

  • Installed and placed in service during the same tax year
  • More than 50% of the use of the equipment must be used for the business

 

In addition, a bonus depreciation is extended through 2018 for all businesses who have purchased over $2.5 million in equipment. This bonus depreciation is 100% in 2018!

 

How does all this work? Our accountants have provided us with the following examples to help explain it:

Section 179 deduction is not a complicated tax code, it is one of the few government incentives available to small business. When a company buys equipment, whether by a cash purchase or by financing it, the company typically spreads the expense over several years through depreciation.  For example, if a company buys a machine for $100,000, the company can expense about $20,000 per year through depreciation for 5 years. Section 179 allows that company to expense the entire $100,000 during the current tax year if there is sufficient income to offset the expense, thereby accelerating the tax savings.

 

Section 179 Expensing Example:

  • Cost of Equipment After All Bancroft Discounts: $150,000.00
  • Section 179 Deduction: $150,000.00
  • Total First Year Deduction: $150,000.00
  • 35% Savings on Equipment Purchase: $52,500.00
  • Lowered Cost of Equipment After Tax Savings: $97,500.00

 

Remember! Our calendar is almost full for 2018. Contact us today to get your welding machine shipped by the end of the year so you can take advantage of Section 179 expensing.  Visit www.section179.org for more details.

 

Get in Touch

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section 179

Let BANCROFT help you take advantage of Section 179 Expensing

If you’re in the market for automated welding equipment of any kind, there has never been a better time to invest in innovation from Bancroft Engineering.  In addition to Section 179, for new orders received October 16 through November 6th, we are offering a 5% discount on all Welda-round and Weld-lathe machines.

seam weldingseam welding

 

 

 

 

 

 

 

 

 

 

 

 

We would like to remind our customers that Section 179 of the United States Internal Revenue Code (26 U.S.C. § 179) has been restored to $500,000 for 2017. This means businesses that purchase up to $2 million in qualifying equipment can deduct up to $500,000 from their 2017 taxes.  To qualify the equipment must be:

  • Installed and placed in service during the same tax year
  • More than 50% of the use of the equipment is for the business

 

In addition, a bonus depreciation is extended through 2019 for all businesses who have purchased over $2 million in equipment. These businesses will be able to depreciate 50% of the cost of the equipment they purchase and put into production during the years 2015-2017. This bonus depreciation will reduce to 40% in 2018 and to 30% in 2019.

 

seam welding

 

How does all this work? Our accountants have provided us with the following examples to help explain it:

When a company buys equipment, whether by a cash purchase or by financing it, the company typically spreads the expense over several years through depreciation.  For example, if a company buys a machine for $100,000, the company can expense about $20,000 per year through depreciation for 5 years. Section 179 allows that company to expense the entire $100,000 during the current tax year if there is sufficient income to offset the expense, thereby accelerating the tax savings.

 

Section 179 Example

  • Cost of Equipment after all Bancroft Discounts: $150,000.00
  • Section 179 Deduction: $150,000.00
  • Total First Year Deduction: $150,000.00
  • 35% Savings on Equipment Purchase: $52,500.00
  • Lowered Cost of Equipment After Tax Savings: $97,500.00

 

Act now to affordably take your business to the next level

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