Between diminishing factory orders and increasing labor and energy costs, companies that use plate metal in their fabricating processes are finding their profit margins increasingly pinched.
Yet, manufacturers must still invest in new production equipment — whether to replace obsolete equipment or to take advantage of new business opportunities — in order to remain competitive.
Manufacturers must make careful assessments when evaluating the addition of new plate-rolling equipment. Debt capital is still available to purchase new machinery, but paying back the loan will not yield a satisfactory return on investment unless the equipment adds value to the production. Unfortunately, many buyers end up purchasing equipment that lacks the capability and flexibility to meet production volumes and tolerances, simply because they don’t understand all available options and considerations.
In an effort to help manufacturers optimize plate rolling operations, 5 key considerations are offered in order to choose a proper plate bending machine.
1. Factor in the properties of the material to be rolled
Even though drawings call for a plate to...
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