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Tractor Talk Discussion Forum

Re: OT: need advice from machinists

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BobMo

09-10-2005 19:34:15




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Mr. Redneck my good man. Unfortunately you are way off base. Having been an estimator, machine planner & purchasing manager for a large engineering firm for more than 30 years let me assist you. The rates you charge can not be arbitrary but must be based on costs. These costs are an accumulation of equipment costs, space cost, power, and other supplies. On top of that you must add cost of material with markup and your wages. Your wages are what ever you may want to draw for your labor. Your equipment costs are based on maintenance cost and declining worth with per hour cost for replacement. (Example) if you buy an old lath for 5000 dollars and you think it will run for 5000 hours but by replacement time it will cost 10,000 to replace you must put in 2 per hour into a sinking fund for replacement of that unit. That goes for all equipment in your shop. Space may appear to be free but it is not. Be realistic. You have 2 types of overhead costs. Fixed which includes rent or building payments. (Things which do not change) Fluctuating which change monthly, power, tools (expendable) and wages.
Remember there are 2 types of machine shops. Those going into business and those going out. Those going into business usually wind up cutting the throat of their competitors and their own at the same time. I’m not taking anything away from your ability but the best machinist in the world a good businessman does not necessarily make. Good luck in what ever you choose to do.

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Davis In SC

09-10-2005 19:58:10




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 Re: OT: need advice from machinists in reply to BobMo, 09-10-2005 19:34:15  
Bob, I am one going out...Trying to cut my losses now.. The tool& die business is dead... Customers I worked around the clock for... now send the best jobs to China, & have the nerve to ask me to make them work, for Free.... They can rot & burn , for all I care...I even told one that , last week... :^) I want to get out of toolmaking & just set up a general machine shop, turn shafts, cut keyways, welding. all on a take it or leave it basis, my terms... & some days , not even open up, if there is an opportunity to make more money doing something else...

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george md

09-10-2005 22:31:26




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 Re: OT: need advice from machinists in reply to Davis In SC, 09-10-2005 19:58:10  
Davis, Sounds like you want to do what I am basically doing now. Shop is both automotive machine and regular machine shop. I do truck , tractor , and
industrial engines mostly, also car engine if someone really gets me in a corner. Used to do quote a lot of equipment repair , but the body says forget it now . Machine shop is the typical
old worn out lathes and mills including a Lucas
3 inch horizontal boring mill. I do a lot of bearing bore repair (some metal spray and some
bore and bush ) shaft repair metal spray and spray
weld , the usual keyways inside and out. I have done oxy/acet cast iron welding for many years but
that seems to be one of the things that few others
are willing to do. About 1/3 to 1/2 of my work
comes from other shops , things they can't or won't do . Wet liner engines erode where the orings seal , I make and install repair sleeves
for some engines , just did a 188 case block .
also do repair and line bore on loader arms where
the bucket pivots . Seems like if it's odd or weird it shows up here.

george

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