Like other businesses, metal fabrication costs can be indexed as a matrix of the source materials, machining and fabrication costs and the finishing expenses among others. The costs present a critical part of the equation for valuing fabrication expenses related to a given project. As an integral part of the manufacturing process, it defines the sale price of the Original Equipment Manufacturers (OEM) products. Metal fabrication Ontario services within the OEM category have over the years presented the costing equation in form of four critical components as below.

Raw materials

The primary materials involved in any form of metal fabrication can be classed as sheet stock, rod or bar stock. When a machining company stocks the materials, the production cost is likely to surge lower than where they are sourced from third-parties. When purchased from non-machining stores, the costing of materials often includes a “hidden” cost relating to logistical transportation to the machining shop.

Labor charges

The labor metric in the machining industry relates to two aspects; direct processing cost and indirect costs. The higher the figures in any of the components the higher the overall labor charges relating to the project. Most metal fabrication Ontario shops are able to cascade the effects of indirect labor costs by becoming stockiest of most materials required in a machining exercise.

Services

Machining companies offer auxiliary services aimed at making the fabricated products more presentable. These include services such as coating, painting and treatment of fabricated components.

Operational overheads

Each business has expenses related to running its operations such as rents, salaries, and payroll taxes among others. Most businesses consider high overheads as a hefty burden to handle so tend to be located in areas with lower operational expenses.

With 4 Way Metal being highly pragmatic in executing its professional mandate to the customers, our costs are reasonable. We have over the years learnt ways of tiling our costs to pocket friendly levels matching our customers. Reach us today for a fair quote on our services.