State Sales Tax Laws Continue to Change Are you prepared? BY ROMAN A. BASI Major changes in state sales tax have taken place in the last month. As the Supreme Court shocked the United States business and legal world by overturning the decades old decision of Quill Corp. v. North Dakota (1992), many business owners, corporate attorneys, and CPA’s were caught unprepared. ...

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2019 will see slowing growth across the board ITR Economics CEO Brian Beaulieu will be presenting at the MHEDA Convention on Monday, May 6, 2019, from 1:45 p.m. – 2:45 p.m. at the JW Marriott Desert Ridge Resort in Phoenix, Arizona. His presentation, “The 2020-2023 Business Cycle” will discuss the current business cycle status of the United States and how, though we ...

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BY BRIAN FEEHAN, PRESIDENT, ITA The expression “elections have consequences” will certainly be put to the test in 2019. The dust is still settling on the recent mid-term elections with some races remaining to be decided. However, we do know that 2019 will bring us a divided US Congress with (as of 11/14/2018) Republican control of the Senate having 51 ...

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BY ROBERT REINFRIED, EXECUTIVE VICE PRESIDENT, CEMA The Conveyor Equipment Manufacturers Association (CEMA) reports that overall industry orders (bookings) for the first 6 months of 2018 increased 43.2% compared to the same period in 2017, with total orders of $8.85 billion. CEMA estimates industry billed sales (shipments) for the first 6 months of 2018 increased 22.29% compared to the same ...

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The U.S. economy and Material Handling Equipment Manufacturing (MHEM) enjoyed solid growth in 2018, but the outlook for 2019 and 2020 is not as strong. After one of the longest U.S. expansions in history, slower growth appears likely in coming quarters. The potential for a tighter U.S. monetary policy, rising levels of U.S. debt, and risks associated with the US-China ...

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MHEDA Suppliers expect continued growth in 2019 MHEDA Suppliers continue to be optimistic going into 2019. With many coming off of record years in 2018, suppliers expect the good times to continue into the new year. While the overall expectations are slightly higher than the distributor projections, suppliers are, by and large, much more concerned with the impact of steel ...

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The MHEDA Distributor Statistical Comparisons (DiSC) Report provides some key insights into exactly how the high-profit firms generate better profit numbers. It focuses intently on the key profit drivers – growth, gross margin, expenses, inventory turnover and accounts receivable collections. The report provides a roadmap for any firm wanting to improve its financial performance. Recently, MHEDA partnered with the Mackay ...

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MHEDA dealers expect growth to continue in 2019, though not at the record pace of previous years Each year in the 1st Quarter issue of The MHEDA Journal, we survey the industry to try to determine what can be expected from the economy in the coming year. To do this, we solicit forecasts from our partner associations like MHI (page ...

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COMPANY: McGee Storage & Handling TITLE: Co-Owner, CEO and CFO YEARS ON JOB: 19 years As a small business owner, no two days are the same. Many days, I’m steered down a new, unplanned path. As the CFO, I’m accountable for the company’s financial well-being. I manage our monthly operating budget and help determine when and how to invest in our strategic growth ...

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COMPANY: Carolina Industrial Trucks TITLE: Vice President of Sales and Operations YEARS ON JOB: 4.5 Years I started at Carolina Industrial Trucks about 4.5 years ago as a Sales Manager. But I have been working in the industry since I was old enough to walk. My parents started a forklift dealership called Aurora Lift Truck in 1972, so I was essentially born into the ...

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