10 Factors that Impact Injection Molding Tooling Cost
Discover the 10 Factors that Impact Injection Molding Tooling Costs
There are so many considerations that play a part in the overall tooling cost. This guide focuses on factors that drive the cost up or if controlled can keep the cost down of an injection mold. Depending on how many tools you are building every year, this could result in a minimum savings of $10K within the initial build and even more savings within the first 1-2 years of production.
Just a few of the topics covered:
- Mold Complexity - complex molds lead to higher tooling costs
- Runner Systems - There are differences to cold-runners and high-runner systems and the "right" runner depends on your specific application.
- Mold SPI Classification - these set of standards on the physical tool construction and life expectancy, by selecting the appropriate "mold class" for your application will save a significant amount of costs by not over engineering the tool.
Blogs
Our blogs are a great way to keep up with the latest industry, news, trends and information.
View All Blogs
-
Oct 03, 2024
Injection Molding Uses: Exploring Applications Across Industries
Injection molding is one of the most versatile manufacturing processes, with a wide range of...
-
Sep 25, 2024
The Benefits of Custom Plastic Parts
In 2023, the global plastic market value was over $638 billion. As more and more manufacturing...
-
Sep 05, 2024
Plastic Resin Supply Chain Update for the remainder of 2024
(Updated September 2024)
As we wind down 2024, below are some updates on some of the most common...