Ralph Petta

Ralph Petta is the president and chief executive officer of the Equipment Leasing and Finance Association (ELFA), 1825 K Street NW #900, Washington, DC 20006, 202-238-3400, www.elfaonline.org. ELFA is the trade association that represents companies in the $1 trillion equipment finance sector that includes financial services companies and manufacturers engaged in financing capital goods.

Articles by Ralph Petta

The Silver Lining of Lease Accounting: What to Know About the New Standard

Leasing and finance are the most common payment method used by businesses to acquire equipment and software. Here are some newly enacted benefits that shops will realize through new changes in accounting and tax laws.

Benefits of Financing Remain with Lease Accounting Changes

The new lease accounting standard by the Financial Accounting Standards Board will not impact shops wanting to acquire advanced manufacturing equipment to grow their business. Here are some of the changes on operating leases for capital equipment that your shop should be aware of and prepare for.

Industry News

Bossard Group, Doug Jones, fastening and assembly technology, IMTS 2024, Smart Factory Assembly, Eric Barfels, Bossard’s Smart Bin technology and ARIMS system

Bossard Brings Industry 5.0 Fastening Technology to IMTS 2024

Bossard will demonstrate its Ultrasonic Measuring Equipment and Junker’s Vibration Testing Machine.

FABTECH 2024, American Welding Society, Lawrence Bower, ArcJunkies Podcast, AWS Foundation, Jason Becker, Matt Bartles, AWS Individual Members, AWS Corporate Members, AWS Supporting Company Members, AWS Student Members, AWS Early Career Members, AWS Sustaining Company Standards eLibrary

American Welding Society Announces FABTECH 2024 Events and Show Specials

This year’s theme, “Innovation. Inspiration. Impact,” highlights AWS’ dedication to connecting, collaborating, and shaping the future of the welding industry.

HEIDENHAIN, IMTS, Student Summit, TNC7 control, StateMonitor software, HEIDENHAIN Digital Shop Floor, VT 122 measuring camera, tool presetting, KCI 120 Dplus encoders, inspection, Acu-Rite Solutions, LC and LB linear encoders, RCN and ECA angle encoders

HEIDENHAIN at IMTS 2024: Innovations for Digital Manufacturing Start Here

HEIDENHAIN is set to showcase its latest innovations in digital manufacturing at the International Manufacturing Technology Show (IMTS) 2024, from September 9-14 in Chicago, IL. Attendees are invited to explore HEIDENHAIN’s cutting-edge solutions at booth #339440 in the South Building,…

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