Frain Industries has provided services to thousands of companies over their 28 year history. Often times these companies include Fortune 500 companies such as Sara Lee. Frain provided Sara Lee with solutions that would save them both time and money. Sara Lee chose to utilize rental equipment, knowing that it would be the most cost-effective and rapid approach to test-market its award-winning Cheesecake Bites.
Fred Russell, the project manager for Sara Lee, says: “Test-marketing a product is like buying a new car–you want to make sure it runs before you make the investment.”
According to Russell, Sara Lee saved six months of lead time and US$4 million by renting and reconditioning pre-owned equipment instead of purchasing new machinery.
It’s a concept that saves on capital. Instead of an initial large capital outlay, companies have monthly expenditures on rental equipment versus purchasing a new corporate asset. Businesses that want to manage cash-flow have options at the end of a rental agreement that allow for the return or purchase of the pre-owned equipment.
Frain Industries has revolutionized the pre-owned machinery industry with its “one-stop-shop” approach. It has refined a new concept in getting equipment operations up-and-running by offering renting, reconditioning, leasing and purchasing of pre-owned machinery all under one roof. Along with selling pre-owned equipment, the company is the largest purchaser of idle assets in the packaging industry.
Many companies don’t realize the assets in previously used machinery that sits dormant in the back of warehouses.
Rental of previously used equipment can be a very efficient way to achieve aseptic packaging. I’ve routinely spoken with manufacturers interested in additional equipment, but who did not have the capital necessary for new equipment. In several cases, used equipment proved to be an ideal option.