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NEWS
French and Spanish Spoken Here
Excellent customer service has been one
of the hallmarks of Astec, Inc. since its
founding in 1972. To provide the same
excellent service to its growing base of
international customers, the Astec Parts
Department welcomes two new multilingual
parts technicians to the team.
Mélanie Goudreau-Ash is originally from
Québec, Canada, and is fluent in French
and English. She has over 13 years of
international trade experience having
worked for various worldwide shipping
and logistics companies in both the United
States and Canada.
Andrea Cardoso is from Sao Paulo, Brazil,
and her first language is Portuguese.
Andrea is fluent in English and Spanish as
well. She moved to the United States 25
years ago. Her work experience for the past
12 years has been in the insurance industry,
managing international accounts in Central,
South America, as well as Asia.
Mélanie Goudreau-Ash
Andrea Cardoso
Astec Appoints Dymov Director of Sales,
Northern Europe
In January, Astec, Inc. announced the appointment of Sergey
Dymov as director of sales, Northern Europe. Mr. Dymov will be
responsible for the sales and support of Astec hot-mix asphalt
plants and equipment in his region.
Dymov has an extensive background in the hot-mix asphalt
industry, having managing director and business unit responsibility
for NCC Roads (Sweden) and ABZ-1 (St. Petersburg, Russia).
Steve Claude, vice president of international sales, commented that
“Sergey’s knowledge and business acumen of the asphalt industry,
combined with his strong personal skills
and attributes, will serve him well in
his new assignment. Having personally
purchased and operated Astec HMA
plants, he is already a strong advocate of
what our technology offers.”
Dymov has a diploma in International
Economics from the St. Petersburg
University of Economy and Finance. He
is fluent in Russian and English, with
a working knowledge of German and
Swedish. Sergey Dymov
Advantages in the
Small Business Jobs
Act of 2010
The U.S. federal government
has created tax incentives
to help you save money on
your 2010 and 2011 tax bills.
On September 27, 2010,
President Obama signed into
law the Small Business Jobs
Act (SBJA), which can mean
big savings on 2010 and 2011
equipment. This new law offers
valuable tax advantages when
investing in capital equipment
in 2010.
Small Business Jobs Act
(SBJA) of 2010
To be eligible for the 2010
depreciation bonus, the
equipment must meet the
following requirements:
• The equipment must be
depreciable under the
Modified Accelerated Cost
Recovery System (MACRS)
and have a depreciation
recovery period of 20 years
or less. The SBJA also allows
the use of depreciation bonus
for certain types of water
utility property, software, and
leasehold improvements.
• The equipment must be new.
In other words, the original
use of the equipment must
commence with the taxpayer
claiming the depreciation
bonus after December 31,
2009, and before January 1,
2011.
• The equipment must
be purchased between
December 31, 2009, and
before January 1, 2011.
• The equipment must be
placed in service before
January 1, 2011.
By lowering the taxable income,
the depreciation bonus (for new
equipment) and Sec. 179 (for
new and used equipment) can
dramatically cut 2010 and 2011
federal tax bills, giving the ability
to free up cash in the near
term.
How does the depreciation
bonus work? Companies
that bought new equipment
in 2010 can depreciate 50
percent of the cost in the
first year, plus the percentage
of the remaining basis in
the equipment that would
ordinarily be depreciable
under the MACRS. For a
$100,000 piece of equipment
with a five-year MACRS life,
the first year depreciation
under the ARRA would be
$60,000: $50,000 depreciation
bonus, plus 20 percent of the
remaining $50,000 in basis.
More information is available at
www.depreciationbonus.org.
Also, be sure to consult with a
tax professional for complete
details as some states may
vary.
HOT-MIX MAGAZINE 45 VOLUME 16 NUMBER 1