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Benefits of Section 179 for Construction Companies

Benefits of Section 179 for Construction Companies

Running a construction company requires purchasing new equipment to complete contracted jobs. Machinery, vehicles, tools, and other assets are essential to keeping your construction business running, and the cost of these items significantly impacts your business’s future profits. 

Learn about the benefits of taking a Section 179 deduction on depreciable machinery, tools, vehicles, and equipment for your construction company.

Positive Outlook for Construction

Positive Outlook for Construction

The outlook for the construction industry is optimistic despite talk of an economic downturn. The recent Bipartisan Infrastructure Law creates thousands of federally-contracted jobs and establishes specific infrastructure projects across the nation.

Explore the Infrastructure Law and learn how construction workers can thrive during an unstable market economy.

Securing the Jobsite

Securing the Jobsite

In 2016 the FBI reported 11,574 pieces of construction equipment stolen nationwide. The economic effects of a stolen piece of equipment go beyond the simple replacement cost. Your company can experience a loss of productivity, increased downtime, and costly project delays resulting from a single theft.

The best way to avoid the damaging effects of theft is to prevent it in the first place. You can take several steps to protect your investments and keep your job site safe from theft.

Servicing Heavy Equipment

If your business uses heavy equipment, keeping it serviced should always be a priority. These machines are more than just tools; they are investments that need protecting. On average, replacing a piece of heavy equipment can cost a company over $100,000, so preventative maintenance is a cost-saving necessity.

Whether your company owns one piece of heavy equipment or 100, you should regularly have professional maintenance done by skilled professionals or whenever wear and tear become apparent. Explore tips and recommendations to keep all your heavy equipment performing its best and earning you as much money as possible.

Population Boom in Texas Means More Construction

Texas has seen significant growth in the construction sector in the last several years. The booming population growth and increase in businesses moving to the Lone Star State require the services of local construction companies to build new homes, industrial facilities, and commercial properties.

If you own a construction company, now is the time to capitalize on Texas’s growing economy. Discover why the population boom in Texas means more construction and how you can prepare your company for the growing need for construction services.

Tips for Buying Construction Equipment

Heavy equipment represents a significant expenditure for construction companies, so it is crucial to purchase equipment that offers a positive return on investment. To avoid overspending and ensure you get the best equipment for the job, it is critical to conduct thorough research. Take inventory of what you already have, set a budget, and review your company’s needs and each job site’s requirements.

Follow these tips to make the right purchases and get the most out of your construction equipment fleet.

Construction Industry Optimism High for 2022

The new year’s dawn brings optimism for new projects and possibilities in the construction and contractor industry. According to multiple surveys, the construction industry is optimistic that 2022 will be full of projects and experience robust profit.

Construction businesses and contractors who want to take advantage of the year’s opportunities can set themselves up for success with new heavy construction equipment.

Infrastructure Bill Creating Boom in Construction

Infrastructure is on the minds of everyone, from politicians in the nation’s capital to families avoiding potholes on the way to work. The government’s 2021 Infrastructure Bill manifested this widespread consciousness surrounding infrastructure. The Bill will see an investment of over $1 trillion into the USA’s roads, bridges, railways, and ports.

This substantial infrastructure investment coincides with global market growth in construction. Experts predict that the growth average will be 4.9% through 2025. With this growth, it is the best time to build your heavy construction equipment fleet. 

MONK JCB Opens New, Heavy Construction Equipment Facility in Houston, Texas

Monk JCB recently opened its new $8MM facility in Houston, TX, joining a rapidly growing network of dealerships for the largest privately-held construction equipment manufacturer in the world.

A family business to its core, Alice Bamford, daughter of JCB Chairman Lord Bamford and granddaughter of company founder Joseph Cyril Bamford (Mr. JCB), officiated the ceremony.

Leaders in Earth-Centric Heavy Construction Equipment Innovation

In the world of heavy construction equipment, new machinery must perform its intended job with power and consistency while also embracing eco-friendly innovations that are better for the environment.

With innovations like electric-powered excavators and machines that don’t require DEF, DPF, or engine after treatment, companies like JCB are leading the way for environmentally sound construction equipment design and operation.

Learn why JCB is the leader in earth-centric heavy construction equipment innovation and how this sets us apart in the industry.

What to Consider When Buying Heavy Construction Equipment

Heavy machines and construction equipment are an essential part of a construction business. Investing in quality construction equipment can help improve the efficiency and profitability of your operations. However, heavy and technologically advanced machines are often expensive, and it’s essential to know how to buy them. Learn more about key items to consider as well as safety, cost, resale value and more. 

Monk JCB
11211 North Freeway Rd.
Houston, TX 77037
281-982-9030