Page 41 - Griffin Gazette - September 2025
P. 41

Greenhouse Expansion, Upgrades & Replacements

 When Thinking About Building,    What Section 179 Means For You

 the Sky is the Limit!

               Business Income With Or Without Bonus Depreciation

               In this example, we will assume the following for a greenhouse operation:
 GRIFFIN CONSTRUCTION & FABRICATION  Taxable income: $1,000,000
                   Tax Rate (example): 30%
                   Equipment Purchased: $250,000



               Without Bonus Depreciation (Straight-Line)

               Typical depreciation method is straight-line over 5 years
               Using this method, you only deduct 1/5 of the equipment cost this year

                   Deduction this year: $250,000 divided by 5 = $50,000
 Grow Better. Build Smarter. Save More.  New taxable income: $1,000,000 - $50,000 = $950,000
                   Tax owed: 30% x $950,000 = $285,000
 Whether you’re planning a brand-new greenhouse, expanding your footprint, or upgrading
 aging structures, Griffin Construction is your full-service partner for smarter growing. We help
 you build for the future—efficiently, affordably, and strategically.  With 100% Bonus Depreciation

               With this tax incentive, you deduct the full $250,000 in year 1
                   Deduction example (full cost): $250,000
 Maximize Your Year-End Tax Benefits Now!  New taxable income: $1,000,000 - $250,000 = $750,000
                   Tax owed: 30% x $750,000 = $225,000
 You may be eligible for major tax incentives—but only if your project is completed and in-use by December 31.

 Section 179 & Bonus Depreciation allow you to deduct up to 100% of your
 greenhouse investment this year. That includes:  How to Take Advantage
 • Greenhouse structures, controllers & benching  1. Consult your tax advisor to ensure you qualify under Section 179 and Bonus Depreciation.
 • Automation equipment – seeders, mixers, fillers, conveyors, transplanters  2. Start your construction quote now by writing ConstructionDept@griffinmail.com or call: 800.888.0054 (Press 3)
 • HVAC equipment and more!
 Use your savings to reinvest and grow—literally.
               Build Now. Benefit All Year.

 Why Griffin Construction?  Griffin Construction helps you build smarter, grow faster, and profit more.
               From concept to completion, we’re the single source supplier and partner growers trust.
 As a family-owned single source supplier, we deliver hands-on, personalized solutions to help you grow:  Learn more about Section 179:
               https://www.irs.com/en/what-is-section-179/
 • Complete project support from planning to material delivery with labor solutions as well
 • Strong collaboration from start to finish and beyond to ensure project success and satisfaction  Don’t wait—maximize your tax advantage and upgrade your operation today!
 • Tax-smart scheduling to maximize your return
 • Greenhouse planning + equipment upgrades = seamless service
               Disclaimer: Always consult a tax professional to confirm eligibility, limits, and applicability for your business
 • Serving greenhouse growers since 1947 with quality products and know-how




 GRIFFIN CONSTRUCTION & FABRICATION
 We are ready, willing and able to assist you with all aspects of greenhouse construction and maintenance. Call 1.800.888.0054 then press 3.
                     GRIFFIN CONSTRUCTION & FABRICATION
                     We are ready, willing and able to assist you with all aspects of greenhouse construction and maintenance. Call 1.800.888.0054 then press 3.
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