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The cost of the GL-350 is comparable to standard drywall with field-applied vinyl.
Reconfiguration of the system is much simpler than standard fixed construction, and because landfills are becoming more and more sensitive to the problem of waste gypsum disposal, recycling of the panels offers the building owner savings in both relocation and waste disposal costs. Components and panels are 95% reusable.
Gravity Locks' GL-350 Drywall Replacement System gives the building owner another important cost consideration: potential tax savings.
Since the IRS considers movable wall systems as portable tangible personal property, they can be depreciated over a period of 7 years versus 31 1/2 years for standard fixed construction. Or the system is eligible for Code Section 179, Expense Election deduction - for years beginning Jan., 1993, (the election deduction has been increased to $17,500.) For details on the specific tax advantages that may apply to you, contact your accountant or tax advisor.
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