Anyone who has ever been in charge of a budget knows that being able to stretch his or her capital-spending budget is key to a successful, profitable year. Different companies come up with different solutions; some are successful others aren’t so fortunate. Some companies in the packaging and processing world have found a simple concept, and many are jumping on the bandwagon. Frain Industries has implemented an appealing solution to help stretch several leading food and pharmaceutical manufacturing companies’ packaging budgets by redeploying existing idle assets.
Many manufacturing companies have large amounts of inventory that are not being used because of lack of knowledge about the machinery and what machinery they actually own. Frain Industries provides expertise about each piece of equipment and helps redeploy the existing machinery into production, saving companies millions of dollars. If not all of the equipment is put into production initially; Frain Industries will store the remaining machinery in a warehouse and provide easy access to information about the pieces. This saves companies time and money when planning on introducing a new product into the market.
Recently Frain has moved to a 1,000,000 sq ft building to be able to accommodate more projects similar to this. The new building located in Franklin Park and just minutes from O’Hare Airport allows Frain Industries’ entire inventory of over 5,700 machines in stock and ready to ship available under one roof. It also allows for the expansion of inventory, both Frain equipment and equipment from manufacturing companies looking to save money through the redeployment project. With market trends continuing to head in this direction many companies are deciding to make this a reality rather than just another lost idea.
