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NPE2018 Show Daily - Thursday

NPE is truly ‘Breaking the Mold’ as a multifaceted experience, with activities, discoveries and opportunities to satisfy the needs of anyone who works in the plastics industry or has a need to know about plastics

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THURSDAY NPE 2018 : THE PLASTICS SHOW SHOW DAILY Immediate Expensing Set to Boost Buyers at NPE2018: The Plasঞcs Show The immediate expensing provision enacted last year in the U.S. as part of the Tax Cuts and Jobs Act has the potenঞal to boost purchasing acঞvity at NPE2018: The Plasঞcs Show, according to the Plasঞcs Industry Associaঞon (PLASTICS). "Every three years NPE: The Plasঞcs Show both reflects the plasঞcs market's mood and has an impact on the market itself. The business acঞvity that starts here on the trade show floor eventually ripples out into new purchases in the weeks and months that follow," says PLASTICS President & CEO William R. Carteaux. "This year, those weeks and months will be busy for NPE exhibitors, in a good way, thanks in part to the tax bill's immediate expensing provision." The full and immediate capital expensing provision, enacted in the U.S. late last year, allows American companies to write off 100 percent of the cost of capital equipment purchases made between September 27, 2017 and January 1, 2023. Much of the cuমng-edge technology on display at NPE qualifies as capital equipment, meaning this provision could greatly influence buying decisions on the trade show floor. "NPE: The Plasঞcs Show is where companies debut their latest innovaঞons and where new technologies emerge for the whole industry to see," says PLASTICS Vice President of Trade Shows & Markeঞng Susan Krys. "The manufacturing equipment of tomorrow is operaঞng at full capacity on the NPE trade show floor, and companies looking to invest in future growth will find no shortage of ways they can put this new tax break to good use expanding their business and driving the industry forward." The Tax Cuts and Jobs Act has a full and immediate capital expensing provision. KraussMaffei features Roctool technology for heat/cool molding with inducঞve mold- heat balancing. A 16-cavity tool will produce plaques with 16 different surface qualiঞes— glossy, mae, hologram, etc.—in a single shot. KRAUSSMAFFEI, BOOTH W403 82 I played golf and drank beer yesterday. I was at Shingle Creek Golf Club. Shawn Jarvis Account Manager NFM Welding Engineers I'm a plant-based person, so it's good to go to a big event and see new technologies. I had dinner with colleagues, and I'm also aending a Penn State alumni dinner that is based around NPE every three years. Rex Beyerbach Maintenance Manager Washington Penn Plasc Co. Inc. We are all going out to dinner to tonight at a Greek restaurant. We went to a Japanese steakhouse last night called Kobe. We went with a bunch of Branson and Emerson people. I had the teriyaki steak. It was good. David Devine Sales Engineer Branson Ultrasonics, an Emerson Automaon Soluons Group A[er Hours From networking events and big group dinners to poolside pares—the a[er-hours game is strong here at NPE. So we asked— What's the most fun you've had a[er the show this week, or what are you most looking forward to? Interviews by Karen Cornelissen MoldMaking Technology HPG is the new group formed by Hartmut Pallmann. With this new group, we reaffirm our commitment to be a global company and build strong alliances with strategic partners to serve a global market. Our theme for NPE this year is Pathway to Powder, where we will display our newest technologies to reach clean, 425 microns powder (tire rubber) and under 200 microns on other polymers, using ambient air only in just a few steps. Booth W963

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