Category Archives: Newsroom

proform

Which Cincinnati Press Brake Model Is Best for You?

Written By: Adam Mattes, V.P. Sterling Machinery Exchange

Goform- NEW Electric Press Brake

This new technology uses servos to power the ram. This allows for a super highgoform repeat-ability of±0.0002” with repeat-ability day in and day out. It is completely electric and when it is between moves it is silent. The Goform is the perfect solution for small parts up to 1/4” thick and weigh less than 50 lbs. It is a small low profile machine that is built ergonomically for a user to comfortably sit or stand at the machine. The Cincinnati Goform Electric Press Brake has a electro-mechanical drive with satellite roller screws. This machine also has one of the largest strokes available with a 10” stroke and 17” open height compared to only 4” with other competitors brakes.Tooling, Tooling, Tooling, one of the best things about this brake is its adaptability of the tooling you are able to run with it. US Tooling, US self seating, Wila, Trumpf and European is all acceptable tooling for the Goform.The backgauge is a TRUE 6-axis gauge that moves at a incredible speed of 3,000 IPM. The Goform is also designed to be movable using a forklift to allow for easy work flow.

Baseform

baseformThe Cincinnati Baseform comes with all the basic options and is increasingly the fastest growing brake on the market today, is the Cincinnati Baseform CNC Press Brake. This brake has a very competitive price structure compared to other manufacturers in the New CNC Press Brake Marketplace, such as Accurpress, JMT, Trumpf, Amada, Pacific and other similar high quality CNC Machines. It has accuracyrepeatability of ± 0.0004”. Baseform is a production machine with limited customizable optionsopposed to a Proform, Maxform, Autoform or Goform. Baseform comes with a 3 axis or 4 axis CNCCincinnati Touchscreen control, which is the same control across the board on the Cincinnati CNC Press Brake line. This makes it easier to step into other Cincinnati press brakes as your machinery needs increase, to a machine with larger stroke or other CNC capabilities. Another great option for your older Cincinnati brakes, is that you can upgrade your existing 1990’s CBII, FMII or AF to the same control and have 100% commonality of controls including tool libraries and program files.

Proform+

The Cincinnati Proform+ is one of Cincinnati’s most popular machine on the market proformtoday. It is a heavy duty general purpose machine to get the job done quickly and accurately! The Proform+ can be customized to include extra stroke, special horns for the aircraft industry and up to a 8 axis CNC Control. Also optional on the Proform+ is auto crowning, power clamping, multiple tool options to accommodate USA, European, Wila and Wilson Tooling. All with a repeatability of ±0.0004”.

Autoform+

autoformThe most customizable CNC press brake made by Cincinnati Inc. is a Cincinnati Autoform+. Cincinnati Inc. can install Special Horns on the machine for aircraft industry forming or other special formingand punching operations. Also included in the Autoform+ is Standard DTC (Dynamic Thickness Compensation which allows the brake to automatically measure the thickness of the material as it is bending to calculate the changes in reversal for air bending). Autoform+ that has ±0.0004” repeatability rate. How long of a Stroke do you need? Just let us know and Cincinnati can build to order. If you are looking for a Tandem Press Brake for long pieces Autoform+ is your best choice!

Maxform

If you are looking for even more capabilities by way of ultra high speed as well as maxformrepeatability ±0.0002”, please inquire about a MaxForm Cincinnati Press Brake. Cincinnati Maxform Press Brakes can be customized to accomodate larger stroke, auto crowning, hydraulic clamping, standard DTC (Dynamic Thickness Compensation which allows the brake to automatically measure the thickness of the material as it is bending to calculate the changes in reversal for air bending), Heavy Duty Backgauges and more! It comes standard with a 5-axis gauge with optional 6-axis linear motor drive gauge allowing for the fastest CNC system on the market!

Sterling Machinery Exchange, A member of MDNA, has dozens of new and used Hydraulic, CNC, Mechanical, Manual and Electric Press Brakes in stock available for inspection underpower.  This allows for the consumer to see all the different brands and options all in one place.  They ship worldwide and have been in business since 1954. Call to speak with a helpful press brake and forming sales person today!  626-444-0311 This article was Written by: Adam Mattes, V.P. Sterling Machinery Exchange

You can also contact any of MDNA’s machinery dealers, located around the world, by using the Find Members>Search tool on mdna.org

 

LiquidityLogo

Liquidity Services – MDNA Online Auction Partner – 2016 1st sale Announcement

MDNA/Industrial Manufacturing Equipment Market Sale 1 for 2016 is coming soon.  As previously communicated,  the MDNA has partnered with Liquidity Services to provide a free online auction program exclusively for MDNA members.  List your own assets, set reserves; Liquidity Services will market the sale, invoice and collect the proceeds and send you a check/wire. Best of all, there is no charge to members who choose to participate!
Changes this year:
  • Auction sales will be 1 week long
  • You will be able to list start prices for each lot
  • Reserves will need to be removed or lowered by 50% if asset remains unsold after 2 sales
  • There will be a NEW Machinery 3 week Private Treaty/Sealed bid sale to follow in April for newer assets 2006 and up to be marketed globally
Sale #1: Closing on 3/23/16 AND *NEW*
Private Treaty Sealed Bid Sale to follow on 4/4 4/26
Sale #2: Closing on 6/22/16
Sale #3: Closing on 9/21/16
Sale #4: Closing on 12/08/16
Each event will be a combination of assets from MDNA members along with high quality inventory from our corporate clients including Caterpillar, Celestica, Eaton, Honeywell, Orbital, Lockheed Martin, Parker Hannifin, Intel, and many more.

Timeline for the 1st sale is as follows:
  • Member assets submission deadline  February 26th (Start listing now, you can pull assets up to March 1)
  • Catalog review week of February 29th
  • Sale go live date March 1st  (No Assets can be listed or pulled after this date)
  • Inspection by appointment up until sale close
  • Sale Close Date March 23rd
  • Buyer Payment collection by Liquidity Services in the following 72 hours
  • Buyer asset removal by appointment March 25th  – April 8th (coordinated between buyer and seller)
  • Ship confirm notification received before April 1st will be paid to the member week of April 15th
  • Ship confirm received before April 15th will be paid by April 30th
For additional details on these sales and to begin listing your own assets in the upcoming events, please contact:
Jim Spencer
Liquidity Services/GoIndustry DoveBid
(248) 508-1684
Questions regarding this great new MDNA member benefit and other valuable benefits can be directed to:
Mark Robinson
MDNA
703-836-9300
LiquidityLogo

Liquidity Services – MDNA Online Auction Partner – 2016 1st sale Announcement

MDNA/Industrial Manufacturing Equipment Market Sale 1 for 2016 is coming soon.  As LiquidityLogopreviously communicated,  the MDNA has partnered with Liquidity Services to provide a free online auction program exclusively for MDNA members.  List your own assets, set reserves; Liquidity Services will market the sale, invoice and collect the proceeds and send you a check/wire. Best of all, there is no charge to members who choose to participate!

Changes this year:

  • Auction sales will be 1 week long
  • You will be able to list start prices for each lot
  • Reserves will need to be removed or lowered by 50% if asset remains unsold after 2 sales
  • There will be a NEW Machinery 3 week Private Treaty/Sealed bid sale to follow in April for newer assets 2006 and up to be marketed globally

Sale #1:   Closing on 3/23/16 AND *NEW* Private Treaty Sealed Bid Sale to follow 4/4-4/26

Sale #2:   Closing on 6/22/16

Sale #3:   Closing on 9/21/16

Sale #4:   Closing on 12/08/16

Each event will be a combination of assets from MDNA members along with high quality inventory from our corporate clients including Caterpillar, Celestica, Eaton, Honeywell, Orbital, Lockheed Martin, Parker Hannifin, Intel, and many more.

Timeline for the 1st 2016 sale is as follows:

  • Member assets submission deadline  February 26th (Start listing now, you can pull assets up to March 1)
  • Catalog review week of February 29th
  • Sale go live date March 1st (No Assets can be listed or pulled after this date)
  • Inspection by appointment up until sale close
  • Sale Close Date March 23rd
  • Buyer Payment collection by Liquidity Services in the following 72 hours
  • Buyer asset removal by appointment March 25th – April 8th (coordinated between buyer and seller)
  • Ship confirm notification received before April 1st will be paid to the member week of April 15th
  • Ship confirm received before April 15th will be paid by April 30th

For additional details on these sales and to begin listing your own assets in the upcoming events, please contact: Jim Spencer, Liquidity Services, (248) 508-1684, james.spencer@liquidityservices.com

Questions regarding this great new MDNA member benefit and other valuable benefits can be directed to: Mark Robinson , MDNA, 703-836-9300, office@mdna.org

MARK Rogo

Former Longtime MDNA Member Publishes Novel, 23 HOURS

MARK RogoMark Rogo, a former used machinery dealer and longtime member of the MDNA has just published his first novel, titled 23 Hours. Mark, who once owned Morton Machinery Company transformed it from a stocking dealer to a multifaceted company with divisions in leasing, new machinery sales, asset-based lending, and controlled liquidations.

You can check out Mark’s new sii-fii book, 23 HOURS here

“Our desire to seek out the meaning of our existence through exploration is Mark Rogo book coverinsatiable. What men never realized, however, was that they were being observed, and the launch of the first nuclear-propelled spacecraft sent the wrong message. This is how the saga of 23 Hours began.”

0111circuitboard

Report: US will surpass China as top manufacturing country by 2020

By Alan Kelsky via Multiview Posted, January 19, 2016

On Jan. 4, Reuters rang in the new year with a report stating the United States manufacturing and construction sectors can both look forward to “tepid growth.”

However, a report issued by Deloitte Touche Tohmatsu and the U.S. Council on Competitiveness — “2016 Global Manufacturing Competitiveness Index” — predicts the United States will regain its former position as the No. 1 manufacturing producer in the world, surpassing China by 2020. This study was a result of dozens of face-to-face interviews with chief research leaders, chief technology officers and directors of national research facilities.

On the same date the Reuters article was published, China closed its stock market due to rapidly-falling share prices of Chinese-based companies. The U.S. stock markets took big hits as a result of the problems faced by the Chinese.

Where do the countries rank?

According to the Deloitte report, the United States, Canada and Mexico are currently in the top 10 manufacturing countries and will stay there through 2020. But six countries in the Asia-Pacific region — China, India, South Korea, Japan, Singapore and Taiwan — are also listed in the top 10 or marked for future inclusion in top-10 competitiveness in manufacturing.

With nine slots taken by the North America and Asia-Pacific regions, the pressure is on European countries. Many economists believe all European countries’ manufacturing competitiveness rankings will decline by 2020 — with the exception of Germany, which is currently ranked third and is expected to stay there five years from now. Compare that to the United Kingdom, which is currently ranked sixth but expected to fall to eighth by 2020.

“The 2016 Global Manufacturing Competitiveness Index shows the importance of policy, investment and innovation for company and country competitiveness,” said Deborah L. Wince-Smith, president and CEO of the Council on Competitiveness.

These interviews shine light on the strengths and potential vulnerabilities for U.S. manufacturing.

How can US manufacturing stay competitive?

Craig Giffi, vice chairman of Deloitte, offers some interesting analysis.

“By investing in advanced manufacturing technologies, nations may enhance their competitiveness and drive economic prosperity,” Giffi said. “Investments in research and development (R&D) can lead to advanced manufacturing capabilities. This, in turn, can lead to more complex and exclusive products for export — and these high-tech, often high-value, exports can then make a nation more competitive.”

So, what are these advanced technologies? The study discloses 10 of them.

  1. Predictive analytics
  2. Digital design, simulation and integration
  3. Advanced robotics
  4. Open-source design / direct customer input
  5. Augmented reality
  6. Smart, connected products (Internet of Things)
  7. Advanced materials
  8. Smart factories (Internet of Things)
  9. High-performance computing
  10. 3-D printing and scanning

Giffi also said increases in worker pay is an added benefit of advanced technologies: “The average U.S. worker compensation in advanced industries has increased five times that of all industries since 1975 and is now nearly twice the average of traditional industries.”

It’s clear the U.S. is leading the way in these areas of technology, which will help the country regain the top manufacturing spot.

“American executives consistently feel that our entrenched creativity and entrepreneurial spirit have given us an edge,” Wince-Smith added. “They see especially strong potential in technologies related to the Internet of Things — embedded sensors and connected devices, for example. They also see potential in advanced computing, 3-D printing and next-generation materials.

“And they feel excited about the new opportunities that come from combining these advanced technologies in a synergistic manner.”


 

About the Author

Alan Kelsky

Alan Kelsky is a freelance writer with a master’s degree in business administration from Xavier University with a specialty in healthcare management. Alan was formerly a hospital CEO with an active emergency room and was the CEO of an urgent care center in Pompano, Florida. He is also formerly the owner of Electric Control Services. His company worked with manufacturers and commercial building owners by offering energy audits, energy efficiency technology sales, installation and follow-up monitoring.

(photo courtesy of NASA)

MDNA Member Firm’s surplus used on multiple film sets

(photo courtesy of NASA)
(photo courtesy of NASA)

Through the years, a number of film set decorators have purchased items from (MDNA Member Firm) HGR’s showroom for use on the sets of films being shot in Cleveland, including Captain America and The Avengers. One designer stumbled across HGR about four years ago while trying to track down electrical waste (aka computers) for use on a set.

If you carefully watch the 2011 Avengers film, you can see 9,385 pounds of equipment, including a Sercem automation winder, a welding station enclosure, five germfree S/S fume hoods, an air pressure control, an assembly station, and a neat inspection machine purchased from HGR in two memorable scenes:

  • At the beginning, Black Widow is fighting off Russian mobsters and tangles one with chain hoists. Yep, the hoists came from HGR. And, the opening scenes were shot at the Space Power Facility at NASA Glenn’s Plum Brook Station in Sandusky, Ohio (pictured above)
  • In another scene in Loki’s lair, Dr. Erik Selvig, played by Stellan Skarsgard, and his minions are working with machinery on the Tesseract. The machinery, originally from a pill factory, was purchased from HGR. This scene was shot under an unfinished transit bridge in Cleveland.

Ever wonder what happens with the items used on a film set after the movie has been finished? The film company containers it and ships it to Los Angeles then keeps it in storage for six months to a year in case it needs to reshoot scenes. After that, it is scrapped, sold to a company such as HGR, or the film company has a huge studio sale, often advertised on Craigslist. Who’s up for a trip to L.A.? If not, you always can come to HGR’s showroom to see the stuff from which science fiction/fantasy films are made.

Story courtesy of HGR Industrial Surplus (MDNA Member Firm)

oprah 5

Oprah Winfrey’s Studio gets Auctioned off by MDNA Member Firm

By Paul Finn,  Joseph Finn Co. Inc. 

Oprah Winfrey. Not a name you usually associate with auctions. Definitely not a name you associate with industrial auctions. But this year Oprah’s Harpo Studio sold off millions of dollars of state-of-the-art equipment in a two day auction conducted by (MDNA Member Firm) Joseph Finn Co. Auctioneers.

oprah auction

As with any auction of this magnitude, one of the largest sales of its kind ever in Chicago, it was extremely complicated. When Winfrey took over Fred A. Niles Studio in 1988, she and her partners invested millions of dollars. Twenty-five years later, Winfrey moved her production to Hollywood, leaving behind what had grown from a 90,000 square foot stage complex to nearly a whole city block filled with equipment. It was a veritable cornucopia of broadcast equipment, including HD cameras, lenses, teleprompters, techno cranes, lights, mixers,

“The complex was nearly a whole city block. It was

a veritable cornucopia of broadcast equipment.”

Oprah auction 1

microphones, and of course, receivers, headsets, and miles of cables. In an interesting decision, the auctioneers decided to have an online only sale. This made it much more manageable given that there were over three thousand lots. But this further affirms the potency of the online auction. Certainly, it must have been tempting to fill up Oprah’s former studio with live bidders. In the end, the sale did not disappoint, with over 800 registered bidders and more than 400 winning bidders. And with the global reach of the online auction, the sale was able to attract buyers not only from across the United States, but across the world, including Denmark, Israel, the United Arab Emirates, India, and as far away as Australia. The debate about whether or not to have a live auction component will continue, but there is no question this sale demonstrated the power and efficacy of the online auction. The Internet will continue to erode many traditional mediums, but we know one thing for sure – Oprah can still bring ‘em in and that’s the power of television.

john josko

Members Share Valuable Lessons Learned for 2016

As we make our way into the NEW YEAR of 2016, it’s important to look to the past to see what lessons can be gleaned. We asked a few MDNA members to tell us something important they’ve learned. Here’s what they had to say…

john joskoOver the years in this industry I have learned that you must continue to educate yourself and never close your mind to learning new things or new ways of doing something you think you know how to do.  —John A Josko, Industrial Asset Appraisals & Consulting, Inc.

 

         “MANAGEMENT IS DOING THINGS RIGHT –

LEADERSHIP IS DOING THE RIGHT THING”— Terry Yoder, Yoder Machinery Salesterry yoder

 

 

Paul Lashin, Prestige Equipment says “The main thing I’ve learned (and keep learning) is Paul Lashin that no matter how advanced our means of communication get, nothing beats a personal phone call, or better yet, sitting down over a steak and a Martini, to help develop a relationship and get a deal done.”

brian swain

 

“Never make the same mistake twice!”

Brian Swain – President, PlastiWin Capital Equipment, LLC

erik macs

New Director of Sales for Wire and Plastic Machinery Corp.

MDNA Member Firm, Wire and Plastic Machinery Corp. hires Erik A. Macs as the erik macsnew Director of Sales of Bristol, CT. Mr. Macs has over 25 years of experience in wire and cable machinery sales. Previously, he had been involved with ebeam crosslinked wire materials research at Judd Wire, blown film packaging manufacturing at Union Camp, extrusion and injection molding processing at Dennison and Teflon film heat sealing and thermoforming research with American Durafilm. He has a degree in mechanical engineering from Central New England College. He has been a member of the Wire Association International since 1991 and was the recipient of WAI’s 2013 Donnellan Memorial Award, which honors an individual’s contributions to the Association, as well as WAI’s 2004 President’s Award for extraordinary volunteer service. He served two terms on the board of directors of WAI. He is still a member of the Education Committee, Member Relations Committee, and Paper Awards Committees. A former director of the New England Chapter of WAI, he also served as that chapter’s president in 2000. He developed the seminar “Introduction to Insulated Wire Manufacturing” which was presented by the New England chapter in 2001 and 2002. He has also chaired the Fundamentals of Wire Manufacturing program since 2007, frequently serving as a course moderator and presenter.
Erik and his wife, Laura, have been married since 1986 and have one son, John (24). They currently reside in Natick, MA.

wire and plastic logoMDNA Member Firm, Wire and Plastic Machinery Corporation deals in used and rebuilt machinery around the world for the Wire and Cable and Optical Fiber industries and has 7 US warehouses located in CT, MA, RI, NC and TX.

government

Section 179- President Signs Tax Extenders Bill

Posted: 12/21/15

On Friday December 18, President Obama Signed the $1.8 Spending and Tax Bill Into Law.  Earlier on Friday, the Senate gave final congressional approval to the bill, which includes nearly $700 billion in tax breaks.

The legislation extends more than 50 expiring tax cuts, with more than 20 becoming permanent, including increasing the maximum amount for small business expensing under IRS section 179 to $500,000.  This would be reduced if the cost of section 179 property placed in service exceeds $2 Million.

The new permanent Section 179 expensing limit allows a business to take a current year deduction of the full purchase amount up to $500,000 for assets under $2 Million.


 

Posted: 12/18/2015

Increased Expensing Passes/Made Permanent

The Senate has now done its part and passed a year end budget deal that funds the U.S. government through September 2016, avoiding a shut down.  This was combined with a package of tax breaks providing much needed tax benefits to a broad spectrum of small businesses.  The bill now heads to the President for his signature, which the White House indicates he will sign.

The legislation extends more than 50 expiring tax cuts, with more than 20 becoming permanent, including increasing the maximum amount for small business expensing under IRS section 179 to $500,000.  This would be reduced if the cost of section 179 property placed in service exceeds $2 Million.

The new permanent Section 179 expensing limit allows a business to take a current year deduction of the full purchase amount up to $500,000 for assets under $2 Million.

Example Savings*

Original Equipment Cost:                  $500,000

New Potential Tax Savings:               $175,000

Final Equipment Cost:                       $325,000

  Cash Savings on

Equipment Purchase:                        $175,000

*Assuming a 35% tax qualifying purchase

This information does not constitute tax advice, please check with your tax advisor on how this applies to your business.


 

Posted: 12:18/15

$500,000 Expensing Limit One Step Closer

Today, the House of Representatives passed a $1.1 trillion dollar spending bill to keep government agencies open.

The bill now goes to the Senate, where it will be combined with a package of tax breaks which passed late yesterday afternoon, one of which is the permanent increase of the expensing limit of IRS Section 179. 

The Senate will then take up the combined package in a series of procedural steps and a final vote expected by early Friday (12/18/15) afternoon.

The White House has reported that President Barack Obama would sign the measure into law.



Posted: 12/17/15

THE SECTION 179 ROLLER COASTER MAY BE COMING TO AN END

“The House is set to vote this week on Speaker of the House, Paul Ryan’s sweeping $1.6 Trillion dollar budget deal.  If the current bill (H.R. 2029 Protecting America from Tax Hikes Act of 2015) passes, the yearly battle to get increased expensing limits under the IRS section 179 will finally be over.  The bill will permanently raise the limit to $500,000.

If the bill passes, it will not only increase expensing limits, but there are a number of other provisions that will be beneficial to MDNA Members and small businesses.” —MDNA Executive Vice President Mark J. Robinson

government

The current language in the bill reads:

SEC. 124. EXTENSION AND MODIFICATION OF INCREASED EXPENSING LIMITATIONS AND TREATMENT OF CERTAIN REAL PROPERTY AS SECTION 179 PROPERTY.

(a) Made permanent.—

(1) DOLLAR LIMITATION.—Section 179(b)(1) is amended by striking “shall not exceed—” and all that follows and inserting “shall not exceed $500,000.”.

(2) REDUCTION IN LIMITATION.—Section 179(b)(2) is amended by striking “exceeds—” and all that follows and inserting “exceeds $2,000,000.”.

Read the full bill here