Sunday, April 26, 2020 7:21:17 PM
you asked:
Since this has been brought up many times by several different posters I thought I could shed some light on it based on a 40 yr. career in the precision tooling/molding industry. I work for a high end mold building co. that specializes in high cavitation molds for many global manufacturers, many in the medical device space. A high cavitation mold (for us) would be in the 96 to 128 cavity area, depending on the size of the component being produced. A typical cycle time would be 10 seconds or less for a small component. Just to put that into perspective for this discussion the production volumes look something like this:
96 components every 10 seconds= 576/minute
576/minute=34,560/hour
34,560/hour=829,440/day
7 days a week=24,883,200/month
24,883,200/month=298,598,400/year assuming 24/7/365 production of a single mold.
A typical mold can cost between $500K-$900K depending on complexity. Manufacturing lead time is typically 16-20 weeks. So a couple of things are pretty easy to project. If the test meter needs multiple components then you would need multiple mold purchases to produce each component of the entire assy. In addition you would need more than one mold for each component to get anywhere near 520 million/year volume.
So DECN would need many millions of dollars to ramp up to that kind of production. Is it possible? sure, but not in a year from now. Some of our customers produce Billions of components a year from our molds, but they have 10 or more of them running at the same time and it took years for them to get there. I'm not trying to start an argument. I just thought a little reality check wouldn't hurt the discussion.
Regards
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