In most precision metal shops, the amount of scrap metal produced daily is great. Your metal shop can become more profitable when you and your machinists take the time to consider the importance of recycling scrap metal. You should know that scrap metal recycling has become a huge and booming business. Today, more metal is being recycled than ever before for not just the profits it turns, but also for reducing the amount of raw ore that is mined from the earth. Check out how you can promote metal recycling in your metal shop and start earning greater profits by doing so.
The Money Is Not Just In Large Pieces of Scrap Metal
You may already have a large pile of scrap metal out behind your shop waiting to be hauled to the recycling center. You may have been recycling large pieces of scrap produced in your shop for some time now. However, consider how much metal is produced in tiny pieces when parts are made. Metal chips and shavings are produced when parts are being made, you are losing out on an opportunity to earn more cash from recycling. Investing in recycling equipment is a good idea for your machine shop. Recycling equipment can turn your metal chips and shavings into briquettes that are easily taken to a recycling center. Also, recycling equipment can separate the coolant you use while making parts from the metal shavings. When the coolant is removed from metal, the weight of finished briquettes is that of pure metal scrap, nothing more. Your investment in recycling equipment for your shop is certainly worthwhile.
The Parts That Come Back Through Your Shop Door
Most shops have those customers that find flaws in every part made for them, meaning those parts will be returned to the shops that produced them. If you have parts that have come back from a customer, avoid leaving them in the box in storage until someone else wants them. Sending parts for recycling is the best way to go. In this way, you do not lose money while waiting on another customer to order parts like the ones you have in storage. Recycled parts can become fresh, new metal ready for being manufactured into completely new and different products.
Taking a close look at your metal shop for finding every way to recycle scrap metal is a good idea for increasing your overall profits. From the aluminum cans your employees drink from during break and lunch to the tiny metal shavings produced during part manufacturing, looking for every metal that can be successfully recycled is smart. For more information, contact companies like American Northwest Recycling.