b'Industry Briefsgood time for some companies tofor an organization, he said. Itof machinery dealer Resell CNC, buy or sell used CNC equipment,could be the only way to go rightMaitland, Fla. He listed a number even if doing so is a new experiencenow to bolster your company in thisof them: getting money for inactive for them. market. equipment, freeing up floor space Buying or selling a used ma- Forsellers,therearenumer- and, especially, upgrading technol-chine can be a really powerful toolous benefits, said John Butz, CEOogy by eliminating outdated equip-ment.Companiesaremoving more toward multiaxis machines, he said. More technology, less hands. Its a progression of whats happening in our world today.Resell CNC A used Haas VF-3SS CNC vertical machining center for sale at Resell CNC.Butz said money received from the sale of old equipment is often used as a down payment for new technology or machinery. Section 179 of the IRS tax code, which gov-erns how businesses deduct ex-penses for equipment and software purchases, also comes into play. A lot of people do it for tax rea-sons. They bring in assets that can be utilized to increase their business while, at the same time, writing off their purchase, Butz said.Every sale is different. Therefore, the first action McGhan has a seller perform is to photograph all sides of a machine so it can be evaluated by his company. He said all equip-ment has valuewhether the piece is active, old or even broken.14MARCH 2018IndyNews.indd 14 2/16/18 9:09 AM'