Tag Archive for investment

Buy It Right: What to Consider Before the Purchase of a New Machine

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A new machine tool is a big investment. Make sure you carefully evaluate your needs and identify which product will help you meet your objectives. You’ll need to carefully consider your exact production goals as well as the part/jobs involved. In addition to that, your shop’s operator skill levels will come into play along with how the new machine will fit in with your existing technology. And last but definitely not least, you’ll need to determine a realistic budget.