There’s some good news, tempered with caution optimism, that the construction industry will start to see a rebound soon. One bit of news to be optimistic about is that billions of dollars have been approved for construction projects under the economic stimulus package, with some projects already underway. There are signs the housing market is stabilizing, and economists predict economic growth during the latter half of the year.
Whether you’re a government contractor or focus on private residential and commercial construction, this is ptoentially good news. But how do you go about getting in on the action? For ideas that can help, read our article on Putting Together a Winning Bid.
If you’re in the market for equipment that will help keep your costs down, Komatsu had introduced several new efficient and productive products that can save you money. In our current issue of Road Signs, you can find out about the Komatsu PC200LC-8 HD Spec Arrangement and Komatsu PC800 Super Digger as well as two new wheel loader models. All could lower your per-yard costs, a savings that could be figured into your bid.
As you continue to gear up for more work, don’t forget that whether you’re in the market for new or used equipment, there are tax advantages to buying equipment this year. The economic stimulus plan extended the depreciation bonus on new machines and additional Sec. 179 expensing on both new and used equipment. For more information, contact your sales representative or our nearest branch location.
If there’s anything we can do to help you in sales, service or parts, don’t hesitate to call on us. We’re always here to help.
Sincerely,
ROAD MACHINERY & SUPPLIES CO.
Mike Sill II
President and CEO