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 - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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