Equipment Purchase Options to Meet Expanding Production
Forgers weigh options such as repair, rebuild, remanufacture or new equipment when considering options to increase capacity. This article considers the four options and the pros and cons associated with each.
When forges need to expand production to meet increased demand for existing parts or to add new product lines, selecting from available options to bring new equipment online can be challenging. Ultimately, the decision involves striking a delicate balance between fitting within budget constraints and accepting what can often be very long lead times.
Forging machines, by design, are massive pieces of equipment that weigh between 25 and 300 tons and rise 10-25 feet above the production floor. Despite the violent nature of the forging process, the equipment is designed and built to last decades, and it is not uncommon to find equipment from 50 or more years ago still in use.