Die
cutting is a very difficult service to price. You may often
wonder how a company prices your particular job and why. It's a
little known secret that most companies aim for a $100+ per/hour turn
around on each job. That may seem like a lot but when you consider
the operator's salary, the cost of the hydraulic press, overhead and setup, it works out about right.
Here at Mag-Knight, our overhead is very low. Therefore, we can
often underbid many large companies by 25%- 40%. We strive for only
$75 per hour on our
press time and pass on the savings to you.
Comparison
Recently, we were given the opportunity
to bid on OEM truck parts. The manufacturer did not disclose what they
were paying for their die cut parts until after they awarded the contract.
We bid and won the contract because our price, which includes the raw
material, was over 400% cheaper than what they were paying with another
company. Take a look...