Nick's Niche: How to save money in a slow economy
The economic statistics state that the economy is on the rebound as gross domestic product (GDP) is showing some positive signs. The stock market has almost gained back most of its losses since the “meltdown” started. While these facts are true, most of the effects have yet to trickle down to the manufacturing sector. At least they haven’t significantly improved the manufacturing sector as yet. What better time to reduce costs in operating your process to improve profitability or just to make it easier to survive in these uncertain economic times.
Looking for ways to operate your powder coating process more efficiently to save money is the best way to improve profitability or survivability. The two most significant costs in operating a powder coating system are labor costs and energy costs. These "fixed costs," measured in dollars per hour, accumulate for every minute your system is running, regardless of how much product you coat. They are very different from the "variable costs," measured in dollars per square foot, which accrue for every part you run through the process.