I work in our families machine shop. Currently owned by my dad, with me coming in as a partner. We mainly build custom machinery, but we also do general machine work. We are at $85.00/hour. We employ welders/fabricators,engineers,machinists, and assemblers/field service techs. The increasing fixed costs are what scare us. We operate dept free, with my parents owning the real estate, and thats what has allowed us to weather the tough times. I dont know how companies do it paying on millions of dollars of debt. Our health insurance went up 35% last year. We switched to a high deductible plan and now it went up 15% this year. Whens it stop?
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Today's Featured Article - A Cautionary Tale - by Ian Minshull. In the early 1950s my father bought an Allis Chalmers B and I used it for all the row crop work with the mangolds and potatoes, rolling and the haymaking on our farm. The farm and the Allis were sold and I have spent a lifetime working on farms throughout the country. I promised myself that one day I would own an Allis. That time event
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