POWERING THE FUTURE
The 70th Annual Electric Utility Fleet Managers Conference (EUFMC) will be held June 4-7 in Williamsburg, Virginia.
To attend the conference, from its early years until today, utility and supplier representatives have to be invited. Invitations to this must-attend event are highly sought after by fleet managers and manufacturers alike.
Elliott is proud to have a presence at this annual convention and we are prepared to contribute to its success. Decade-by-decade EUFMC has served the changing needs of utility fleets and addressed the continuing advent of new technologies.
Celebrating our 75th anniversary, Elliott takes immense pride in our long-standing contribution to the industry.
With five more years in existence than the EUFMC itself, Elliott has witnessed and driven transformative changes throughout its journey. As a trusted manufacturer of high-quality equipment, Elliott has consistently pushed the boundaries of innovation, empowering utility fleets to operate efficiently, safely, and sustainably. Elliott’s remarkable legacy and commitment to progress position it as a prominent participant at the EUFMC.
See you in Williamsburg!
ACCELERATE YOUR BUSINESS GROWTH WITH SECTION 179
Section 179 is a tax provision that allows businesses to deduct the full purchase price of qualifying equipment or machinery in the year it is placed into service, rather than depreciating it over several years.
Here’s how Section 179 can make now a great time to buy an Elliott machine!
- Increased Deduction Limit: Section 179 allows businesses to deduct up to $1,050,000 of the equipment’s purchase price. This means that if you buy an Elliott machine and it qualifies under Section 179, you can potentially deduct the full purchase price up to this limit, reducing your taxable income for the year of purchase.
- Bonus Depreciation: In addition to the Section 179 deduction, businesses can also take advantage of bonus depreciation. This allows you to deduct an additional percentage of the equipment’s cost on top of the Section 179 deduction.
- Lowered Cost of Ownership: By taking advantage of the Section 179 deduction and bonus depreciation, you can effectively lower the cost of acquiring an Elliott machine. The tax savings realized through these deductions can help offset the upfront cost of the equipment.
- Improved Cash Flow: Deducting the full purchase price of the equipment upfront can provide businesses with a significant cash flow advantage. Instead of spreading the deduction over several years, you can benefit from the tax savings immediately, allowing you to reinvest that money back into your business.
It’s important to note that tax laws can change, so it’s crucial to consult with a tax professional or accountant to understand the current provisions and how they specifically apply to your business.
Reaching sky high
“The ever-capable M87 reaching sky-high to change out sign graphics!”
Photo: Joshua King
EMPLOYEE PROFILE:
Tanner Bailey
What is your Job Title?
Chassis Prep Technician
When did you join Elliott?
September 2022
What do you like best about working for Elliott? The people. Just a friendly, skilled, professional, great group of people.
What do you consider your biggest accomplishment at Elliott? Moving to the Chassis Prep department.
What is your favorite Elliott product and why? The L65. Simple. Clean design. Quickly becoming a classic.
What are your personal hobbies? Spending time with my sons.
What is your all-time favorite movie, band/musician, or TV series?
I consider building heavy equipment to be somewhat of a sport, and what team beats Elliott?
What is your favorite sport and team?
Soccer is my favorite sport. Club Leon , which plays in the Mexican Soccer League, is my favorite team.
Tell us about your family, and pet(s), or give a fun fact about yourself!
I have a barn cat and a bengal and two little boys aged two years and six months. All crazy.
HIGH QUALITY MEANS SAFETY
In recognition of National Safety Month, we want to shine a spotlight on component quality and its direct correlation to safety.
High-quality components are typically more reliable and less prone to failure or malfunction. When equipment operates reliably, it reduces the chances of accidents or incidents that could potentially harm operators.
Additionally, high-quality components are designed and manufactured to withstand demanding conditions and extended use. This durability ensures that the equipment remains in good working order for a longer period, reducing the likelihood of unexpected failures that could endanger operators.
Finally, high-quality components often offer better precision and accuracy in their operation. This is especially important in safety-critical equipment where precise measurements or control are necessary. Components that provide accurate and precise functionality can help prevent errors or deviations that may pose safety risks.
In summary, Elliott machines and their components are engineered with safety in mind. While high-quality components can significantly contribute to operator safety, it’s essential to consider other factors as well, such as proper inspections, training, and adherence to safety guidelines. Check our Spotlight on Safety to learn more!
June is National Safety Month
June is National Safety Month, and at Elliott, safety is one of our core values. We want every person working to build or use our products to go home every day without a safety incident.
We encourage you to review your safety procedures with your team and to follow all applicable ANSI and ASME standards, OSHA regulations, and manufacturer recommendations when it comes to ensuring your team, equipment, work site and work procedures are safe, maintained and ready to do their jobs. And don’t forget those daily inspections!
We wish you all a productive and safe month. To learn more about National Safety Month, visit nsc.org.
STOCK UP ON NEW ELLIOTT APPAREL, GEAR, and GIFTS
Elliott Equipment Company is excited to unveil our new online store at elliottbrandstore.com! Show off your Elliott pride and stock up on apparel, work and travel accessories, drinkware, tools, gifts, and more. With the holiday season right around the corner, there’s never been a better time to impress the machine lovers in your life.