welding machines

Section 179 Expensing for Welding Machines in 2019

With the new year right around the corner, it’s a great time to plan for tax savings before it’s too late. Purchase automated welding machines from Bancroft Engineering to not only improve your manufacturing process but also to save your business money during tax time.

 

How Does Section 179 Expensing Work for Welding Equipment Purchases?

Section 179 of the United States Internal Revenue Code (26 U.S.C. § 179) is now available which allows you to write-off up to $1,000,000 of a qualifying equipment purchase for 2019.

In previous years, when businesses purchased welding equipment, they would write it off little by little through depreciation. For example, if your business spends $75,000 on a piece of machinery, you might write off $15,000 per year for five years.

Now, with Section 179, a business can write-off the entire purchase price of qualifying equipment for the current tax year. As in our previous example, if your manufacturing business spends $75,000 on a piece of automated welding machinery, you can write off all $75,000 in the same tax year using Section 179. This makes a big difference for small and medium-sized businesses as it allows you to accelerate your tax savings!

How to Qualify for Section 179

Section 179 is an attractive tax deduction for manufacturing businesses—it’s also easy to understand and utilize. Most new and used tangible business equipment qualifies as long as it meets the following criteria:

  • Equipment must be installed and ready for service in the same tax year
  • More than 50% of the use of the equipment must be used for the business

 

Real Example of Section 179 Expensing

  • Cost of equipment after Bancroft Engineering Discounts: $175,000.00
  • Section 179 Deduction: $175,000.00
  • Total First Year Deduction: $175,000.00
  • 35% Saving on Equipment Purchase: $61,250.00
  • Lowered Cost of Equipment After Tax Savings: $113,750.00

 

Utilize Section 179 with Your Next Automated Welding Machine Purchase

There has never been a better time to purchase welding equipment and take advantage of major savings!

Bancroft Engineering designs and builds welding equipment such as standardized and custom welding machines and much more out of Waukesha, WI—specializing in stand-alone equipment to fully robotic automated systems. Need help automated your welding process or have a special welding application? Give us a call at 262-786-1880, or email: sales@bancrofteng.com to get started.

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welding positioners

Best-in-Class Welding Positioners

Most of us know how important the proper positioning of a workpiece is to get high-quality welds. Positioning equipment assists the welder when both maneuvering and welding small and large parts. Positioners for welding greatly enhance productivity—they can be used as both stand-alone units or as a part of a complete automated system.

All of our best-in-class welding positioners provide years of reliable and productive service. Read on to learn more about Bancroft Engineering’s best-in-class welding positioners.

  

About Welding Positioners

Positioners are used to securely hold, rotate and lift weldments in order to assist the welder—or the robot—to access the joint at the optimal orientation. Positioners offer many benefits such as improving the quality of the weld, improving production speed while minimizing worker accidents.

 

Key Welding Positioner Machine Benefits:

  • Enhances worker safety
  • Increases throughput
  • Lowers labor costs
  • Improves weld quality

 

Engineered for Every Application

Bancroft Engineering offers the most complete line of weld positioners for every application and budget. All of our high-quality welding positioners are designed to rotate your workpiece to the exact angle and speed to meet your needs. Choose from light, medium or heavy-duty positioners with all the add-on options to exceed your welding automation requirements.

MODEL TT100

This light-duty welding positioner is designed for high speed rotation of lighter workpieces. It includes many of the same features of higher-capacity positioners such as variable speed control, forward/reverse switch control and much more. It has a compact design, plus it’s perfect for both MIG and TIG welding applications. The TT100 positioner is the #1 choice for smaller weldments with weights up to 100 pounds. SEE ALL TT100 SPECIFICATIONS HERE.

welding positoners

MODEL TT210

With a 200-pound vertical loading rate, this robust weld positioner is a great solution for any automation or manual welding application. The TT210 is easy to adjust and offers a 90-degree tilt. It features variable speed control, adjustable overlap control and much more. SEE ALL TT210 SPECIFICATIONS HERE.

TT 210 positioner

MODEL TT500 

Our model TT500 offers a powerful solution for consistently rotating and holding parts in your workstation. This robust positioner features a 500-pound vertical load rating and a 120-degree tilt. Along with the basic features, it also offers a 2-inch center through hole for increased security and purging. SEE ALL TT500 SPECIFICATIONS HERE.

Welding Positioner

MODEL RT2000 

Designed for the rotation of larger work pieces, the model RT2000 provides an option for all of your heavy weldments. This high-quality positioner works to smooth your operation with minimal backlash. With a 2,000-pound vertical load rating, this weld positioner features a slotted turn table that provides quick mounting of multiple fixtures. The RT2000 is also available with servo motors for a robotic application with custom controls. SEE ALL RT2000 SPECIFICATIONS HERE.

standard welding accessories

Need a More Automated Positioner?

We are getting ready to release a brand new welding positioner stand with even more controls and added features. Stay tuned for more information!

positioner for welding

Positioners for Welding Built in Waukesha, Wisconsin USA

Our positioners are available to all fabricators interested in high-quality and economical welding methods. Our engineering team ensures that each piece of welding equipment is built to satisfy the need for high quality and peak production efficiency.

Bancroft Engineering designs and builds welding equipment such standardized and custom welding positioners and much more out of Waukesha, WI—specializing in stand-alone machines to fully robotic automated systems. Need help automated your welding process or have a special welding application? Give us a call at 262-786-1880, or email: sales@bancrofteng.com to get started.

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Precision Weld Lathe Machine Uses

Automated weld lathe machines are designed and built for both small and large welding applications. Lathe welders are commonly used to weld seams or to join multiple components together. Here at Bancroft Engineering, we take pride in building the best precision weld lathes for manufacturers looking to automate—or just improve their overall welding processes!

 

About Weld Lathe Equipment

Precision weld lathe machines provide a versatile way to rotary weld production parts. Whether you’re in need of vertical, horizontal or inclined drive orientations, a weld lathe can be aligned to optimize and improve your production line. Check out Bancroft’s line of premium weld lathe machines below:

Model 605: The fully functional 605 model welder is a budget friendly alternative for circumferential welding cells. This system is designed to achieve a maximum welding rates as well as high-quality output with minimal labor costs.

  • Precision machine bed
  • Digital controls
  • 500 lb load capacity
  • Auto cycle operation
  • 400 lb camping force at 80 PSIG

VIEW ALL 605 SPECIFICATIONS

precision weld lathe machine

Model 1210: This welding lathe is powerful yet designed with simple setups in mind. It offers more consistency and repeatability than less controlled welding methods.

  • Precision machine bed
  • Digital controls
  • 1000 lb capacity
  • Auto cycle operation
  • 650 lb clamping force at 80 PSIG

VIEW ALL 1210 SPECIFICATIONS

precision weld lathe machine

Synchronized Drive Lathe: These automated lathe machines are used to join two or more components that have radial orientation. With the focus on speed and quality, Bancroft’s synchronized drive weld lathes are versatile and production ready. Check out more details here.

 

Top Industries

Whether you have large parts or small, precision components, our wide range of lathe configurations can be used to meet your needs. Bancroft Engineering builds standard and customized weld lathe machines for a wide-range of industries and applications including:

  • Automotive components (exhaust, wheels, suspension, torque converters, etc.)
  • Hydraulic cylinders
  • Pressure vessels
  • Tanks
  • Construction applications
  • Military components
  • Job shops & metal fabricators

 

Customizable & Flexible

Looking for something specific? Weld lathes can be customized to fit any circumferential and linear TIG, MIG or plasma welding requirement. Leave it to our team of highly skilled engineers and technicians to build a custom weld lathe machine that exceeds your expectations.

 

Precision Weld Lathe Manufacturer

We strive to design and build the right equipment for your job! From standalone solutions to complex fully-automated systems, our work is always backed up with quality installation, field service and support.

Bancroft Engineering designs and builds welding equipment out of Waukesha, WI—specializing in stand-alone machines to fully robotic automated systems. Ready to learn more about adding a precision weld lathe machine to your shop floor? Call us at 262-786-1880, or email: sales@bancrofteng.com to get started.

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weld lathe machine

NEW Weld Lathe Machine + Secondary Operation Add-On

We are proud to be offering NEW weld lathe equipment that also includes added-value operations—all in one piece of machinery. Our standard 605 and 1210 model circumferential welding systems have always been designed with flexibly in mind. Now, we are offering the availability of even more options to customize a solution to fit all of your welding, machining and other fabrication needs.

We believe that your next piece of automated welding equipment should perform above average! These brand-new lathe machines with added machining applications offer high repeatability, extreme consistency and minimal run-out.

Value-Added Operations

Along with our standard welding machine product lines, Bancroft Engineering also provides customized solutions to fit the demands of any project. We now offer the possibility of adding secondary operations.  Have metal parts that need to be welded and drilled? Now, this can be done all in one machine—saving time and labor while optimizing your production line.

Machining Secondary Operation Add-Ons:

  • Drilling
  • Milling
  • Cutting
  • Custom machining tasks
weld lathe machine

Standard Machine Features

Bancroft’s weld lathe family is one of the most versatile ways to rotary weld production parts. Our standard product line of weld lathe machines come with a plethora of features and specifications:

  • Accurate machine bed
  • Modern digital control System
  • DC rotary drive
  • 500-1000 lb. load capacity
  • Automated cycle operations
  • Adjustable operator console
  • 400-650 lb. clamping force
  • 4”x4” cross-side torch adjustability
  • Standard air-cooled torch
  • Much more…
  • See All Standard Features

Weld Lathe Custom Configurations

  • Multiple weld torch & frame configurations
  • Programmable torch positioning
  • Torch Weaving
  • Programmable multi-pass welding
  • Machine enclosure and flash shields
  • TIG, plasma or submerged arc applications
  • Tooling and factory runoff
  • Much more…
  • See all Custom Options

Weld Lathe Machines + Secondary Operations Combined

We are excited to expand the weld lathe family to include value-added machining operations.  Bancroft Engineering designs and builds welding equipment out of Waukesha, WI—specializing in stand-alone machines to fully robotic automated systems.

Ready to take the next step? Call us at 262-786-1880, or email: sales@bancrofteng.com to get started.

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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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precision weld lathe machine

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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