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Hynes Blog

There’s No Such Thing as Free Tooling

by Phil Misch on May 6, 2015

Tooling presents a significant upfront cost to new fabrication projects, and escalating tooling costs can hurt businesses’ bottom lines. As a result, tooling can be cost-prohibitive for many would-be roll formed products.

In response, some metal fabricators offer “free” or partially owned tooling. This allows manufacturers to reduce the upfront costs of roll forming, and free up cash flow.

But in the long-term, it’s not that simple.

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Balance Tooling Costs and Cash Flow

by Phil Misch on September 12, 2014

Cash is king. 

For manufacturing companies, equipment and tooling costs are two investments that have a significant impact on cash flow. The cost of tooling often dictates what production process best fits the project.

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