T.R. Wigglesworth Machinery Company has specialized in the Webster & Bennett line of Vertical Turning & Boring Machines for over 50 years. From stocking the new line of Webster & Bennett Machines in our Bedford warehouse, to rebuilding machines, our staff has accumulated a tremendous amount of knowledge and experience over the years. Today our company continues to support owners of Webster Bennett VTL’s by providing field service, parts, accessories and manuals. T.R. Wigglesworth Machinery Co. is always interested in purchasing outright or brokering surplus Webster & Bennett machines for resale. It is our aim to remaining in close contact with users of Webster & Bennett’s, please take a moment and update your contact information.


T.R. Wigglesworth Machinery Company offers services and parts to assist you to maintain your Webster & Bennett Vertical Boring Mills and create shop floor machining solutions.

· Maintenance & Service available at $65/hour plus travel time and expenses
· Parts and Accessories (Note: Please have Serial No. when ordering parts)
· Manuals
· Turret Type Tool Holders
· Boring Bars
· Chuck Jaws
· Control Panel Covers, Speed & Feed Dials
· Nitrogen Gas Counter Balance Recharge Kit
· Webster & Bennett For Sale
· Webster & Bennett Wanted
· Update Your Contact Information

Power Generation:
Webster & Bennett Vertical Turning & Boring Machines have been primary manufacturing tools in all forms of the power generation industry for many decades. Wind mill technology, Gas turbine components, pump housings, gear boxes, gear blanks and major components for the oilfield industry only begin to touch upon the many applications in the power generation arena.

Aerospace & Military:
Webster & Bennett Vertical Turning & Boring Machines turn and repair jet engine rings, bearing races, major components for missiles and rockets, gun turrets for tanks, armored vehicles and naval ships.

Tire Mold:
Webster & Bennett Vertical Turning & Boring Machines have been a mainstay in the tire mold industry for decades, turning bead rings, both segmented and solid tire molds from passenger tires to off road equipment tires.

What a genious!

Quote:
"If you need a machine but don’t buy it, then you will ultimately find that you have paid for it but don’t have it." Henry Ford

T.R. Wigglesworth Machinery Co.
7100B Krick Road
Bedford, OH 44146
(440)232-6660
leads@wigglesworth.com
http://www.wigglesworth.com/

machineryvideo

Over the past few years we have been making an effort to show machinery in the best possible way though the internet. We invite you to visit our plant in Bedford, Ohio at any time and inspect most machines under power. However, our 30 day guarantee, in many instances, makes it economical to purchase by video or photos. Our goal is to keep up with tecnological times so that in some instances, we might save our customer money by advertising and marketing our machines the best we can, to serve our customers nationwide. Please contact us with your machinery requirements and I am sure you will find our staff courteous, knowledgeable and eager to serve you.

http://www.wigglesworth.com/display.cfm?p=97



48" Webster & Bennett Vertical Boring & Turning Machine Our Machine Number 8568





Shizuoka High Speed Vertical Machining Center Our Machine Number 8538





5" Giddings & Lewis Horizontal Boring mill Our Machine Number 8544





5" Giddings & Lewis Horizontal Boring Mill Our Machine Number 8531





48" Webster & Bennett Series M Vertical Turret Lathe Our Machine Number 8511





36" Webster & Bennett Model DH Vertical Turret Lathe Our Machine Number 8513





Olympia V-40 CNC Vertical Turning Center Our Machine Number 8406





29.5" x 236" Dainichi Model DHK Engine Lathe Our Machine Number 8488





5" Stanko Heavy Duty Table Type Horizontal Boring Mill Our Machine Number 8453





4" Cincinnati-Gilbert Horizontal Table Type Boring Mill Our Machine Number 8427





Cincinnati Milacron Arrow 750 4.5-Axis Vertical Machining Center Our Machine Number 8431





4" Cincinnati Gilbert Table Type Horizontal Boring Mill Our Machine Number 8280





Ooya Model RE-1225H Radial Arm Drill Press Our Machine Number 8390





300 Hill Acme Bar Billet Shear Our Machine Number 8340





1500 Watt Mazak 6-Axis CNC Laser Our Machine Number 8393





Mori Seiki ZL25 B500 4-Axis CNC Lathe w/ Fanuc 0TT Control Our Machine Number 8366





29.5" X 118" Dianichi MG75 CNC Turning Machine W/ FANUC 18TF Control Our Machine Number 8360





Mazak QuickTurn QT-250 CNC Turning Center w/ Mazatrol 640 CNC Control Our Machine Number 8245





24" x 120" Sharp Geared Head Engine Lathe Our Machine Number 8181





Kearney & Trecker #320 TF-17 Plain Horizontal Milling Machine Our Machine Number 8227





Precision Tool Grinding Liquidation Overview





6" Giddings & Lewis Model 70-H6-T Table Type Horizontal Boring MIll Our Machine Number 8278

18" x 96" Thompson Surface Grinder Our Machine Number 8389





16" x 40" Victor Geared Head Gap Bed Lathe Our Machine Number 8321





10" x 52" Cleveland Milling Machine Model CK-VH1052TM Our Machine Number 8298





12" x 30" Sunmax - Pro 3-Axis Hydraulic Surface Grinder Our Machine Number 8319





5" Wotan B130S Precision Rotary Type Horizontal Boring Mill Our Machine Number 8208






K.O. Lee Model RT 300 Radius-Tangent Grinder Our Machine Number 8212





Cincinnati Milacron 'Avenger' CNC Turning Center w/ Milling / Drilling Our Machine Number 8164





Cincinnati Milacron 'Avenger' CNC Turning Center Our Machine Number 8165





Citizen Cincom Model F20 Swiss Type CNC Turning Center Our Machine Number 8021





Mighty/Comet Viper VMC Model 1500G Our Machine Number 8143





Mighty/Comet Viper VMC 1000G Our Machine Number 7532





3" Giddings & Lewis 300T Horizontal Boring Mill Our Machine Number 8070






Simco HL320 CNC Lathe Our Machine Number 7960





3" Shibura Table Type Horizontal Boring Mill Our Machine Number 7768





42" Mattison Vertical Spindle Rotary Surface Grinder Our Machine Number 7942







84" Mattison Vertical Spindle Rotary Surface Grinder Our Machine Number 7956





Mori-Seiki NL-3000-1250MM Turning Center Our Machine Number 8113






T.R. Wigglesworth Machinery Co.
7100B Krick Road
Bedford, Ohio 44146
leads@wigglesworth.com
http://www.wigglesworth.com/

NEWS - 2008 Economic Stimulus Act Provides Tax Benefits for Equipment

T.R. Wigglesworth Machinery Co. wants you to know about tax benifits

http://www.wigglesworth.com/display.cfm?p=134

NEWS - 2008 Economic Stimulus Act Provides Tax Benefits for Equipment
To reflect the new 50-percent special depreciation allowance, the IRS is developing a new version of the depreciation and amortization form for fiscal year filers. The new form will be designated as the 2007 Form 4562-FY.

Qualifying Property-
Machine Tools?
Generally, the types of business equipment that qualify for this expensing election are the same kind that qualified for the now-defunct Investment Tax Credit. Most movable assets qualify. Permanent structures do not qualify. Business vehicles with a gross vehicle weight over 6,000 pounds qualify for the full Sec. 179, while lighter vehicles have a much lower dollar limit.
Some examples of qualifying property from the Depreciation QuickFinder Handbook:

• Machinery and equipment.
• Airplanes.
• Automobiles.
• Off-the-shelf computer software.
• Oil and gas well and drilling equipment.
• Printing presses.


New and Used Machine Tools ?
One of the most common questions I am still receiving is whether the Section 179 expensing election is only available for the purchase of brand new assets or whether things such as used vehicles qualify. The answer is still the same. The asset just has to be new to you. You can claim the deduction for items purchased from anyone other than yourself or an entity controlled by you, such as a closely held corporation.


The following information is a reproduction of content provided on the Internal Revenue Service Website –
http://www.irs.gov/newsroom/article/0,,id=179227,00.html
IR-2008-22, Feb. 21, 2008
WASHINGTON — In addition to providing stimulus payments to individuals, the Economic Stimulus Act of 2008provides incentives to businesses. These incentives include a special 50-percent depreciation allowance for 2008 purchases and an increase in the small business expensing limitation for tax years beginning in 2008.
50-Percent Special Depreciation Allowance
Depreciation is an income tax deduction that allows a taxpayer to recover the cost or other basis of certain property over several years. It is an annual allowance for the wear and tear, deterioration or obsolescence of the property.
Under the new law, a taxpayer is entitled to depreciate 50 percent of the adjusted basis of certain qualified property during the year that the property is placed in service. This is similar to the special depreciation allowance was previously available for certain property placed in service generally before Jan. 1, 2005, often referred to as “bonus depreciation.” To qualify for the 50 percent special depreciation allowance under the new law, the property must be placed in service after Dec. 31, 2007, but generally before Jan. 1, 2009.
To reflect the new 50-percent special depreciation allowance, the IRS is developing a new version of the depreciation and amortization form for fiscal year filers. The new form will be designated as the 2007 Form 4562-FY.
Section 179 Expensing
In general, a qualifying taxpayer can elect to treat the cost of certain property as an expense and deduct it in the year the property is placed in service instead of depreciating it over several years. This property is frequently referred to as section 179 property, after the relevant section in the Internal Revenue Code.
Under the new law, a qualifying business can expense up to $250,000 of section 179 property purchased by the taxpayer in a tax year beginning in 2008. Absent this legislation, the 2008 expensing limit for section 179 property would have been $128,000. The $250,000 amount provided under the new law is reduced if the cost of all section 179 property placed in service by the taxpayer during the tax year exceeds $800,000.
The new law does not alter the section 179 limitation imposed on sport utility vehicles, which have an expense limit of 25,000.

Do I have to pay cash for the equipment to be eligible for the stimulus depreciation schedule or can I finance it?
How you finance the equipment does not matter!
Financing of asset has no effect on Section 179 deduction




More on the subject –

2008 Economic Stimulus Act
2008-stimulus-package.pdf
http://www.moneysourceinc.com/favicon.ico

T.R. Wigglesworth Machinery Co.

7100B Krick Road

Bedford, Ohio 44146

leads@wigglesworth.com

http://www.wigglesworth.com/