Hot Off the Press
Robot-Training Program for Educational Institutions
Tuesday, February 26, 2008
Fanuc Robotics America, Inc., Rochester Hills, MI, has introduced a Certified Education Robot Training (CERT) program for qualified high schools, community colleges and universities. The program certifies instructors to train their students to program Fanuc robots. Along with the CERT program, eligible schools also can purchase an accessory tooling package that includes an industrial robot, integrated vision system, programmable logic controller and simulation software. To learn more, e-mail CERT1@fanucrobotics.com; www.fanucrobotics.com
Robot Orders Jumped 24 Percent in 2007
Friday, February 22, 2008
North American-based robotics companies saw orders to North American manufacturing companies rise 24 percent in 2007, reversing the declines of the previous year, according to a new report released by the Robotic Industries Association (RIA), Ann Arbor, MI. For the year, 15,856 robots valued at $1.07 billion were ordered by North American manufacturing companies; including sales to companies outside North America, robot orders reached 17,261 valued at $1.15 billion
Most of the growth, says RIA, resulted from sales to automotive manufacturers and their suppliers. In this market segment, which accounted for 64 percent of all orders, robot sales in North America climbed 43 percent.
RIA executive vice president Jeffrey A. Burnstein comments: “As automotive companies went on a buying spree in 2007, orders for spot-welding robots increased 100 percent, coating and dispensing rose 38 percent, material handling jumped 14 percent, and arc welding jumped 10 percent.”
RIA is online at www.roboticsonline.com
Economic Stimulus Package
Delivers Huge Benefits to Manufacturers
Thursday, February 21, 2008
The Recovery Rebates and Economic Stimulus for the American People Act of 2008, recently signed into law, does more than just benefit individuals and families--it delivers huge tax relief to manufacturing companies, according to a press release issued by AMT—The Association For Manufacturing technology. First, businesses will receive a 50-percent bonus depreciation for new capital expenditures ordered and placed into service during 2008. Bonus depreciation allows businesses an extra one-year boost in how much they can deduct on capital expenditures that depreciate over time. For example, under the old law, according to AMT, a new $100,000 machine could provide a 2008 depreciation deduction of 14 percent, or $14,000. Now, first-year depreciation climbs to $57,000--half of the purchase price plus the 14-percent regular depreciation on the remaining property basis.
The new law also more than doubles the amount that small businesses can write off for new or used equipment purchased during 2008, from $128,000 to $250,000. And, it significantly increases the amount that can be purchased during the year and still allow manufacturers to receive the full benefits of the Section 179 expensing option--from the previous cap of $510,000 to $800,000.
Download a PDF explaining the benefits further at