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Archive for the ‘Rental Program’ Category

Unstable Economy Justifies Renting Machinery

Wednesday, April 8th, 2009

Companies across America are tightening their belts, reacting to a slowing economy and shortfalls in corporate earnings.  Lower levels of consumer confidence and spending, inflationary pressure and stock market volatility serve to reduce or postpone large projected outlays for capital equipment.

 

The resulting challenge to manufacturers involves the need to continue growth, execute corporate strategy, and take advantage of market share opportunities in a constrained capital investment environment.  Frain Industries, the world’s largest supplier of high quality used packaging and processing machinery and reconditioning and field maintenance services, represents a particularly relevant solution to this challenge.

 

By offering rentals of high end equipment delivered in as little as two weeks, Frain eliminates the need risk involved in capital expenditures normally directed towards equipment purchases in a diverse series of industries, including food, pharmaceuticals, chemicals, cosmetics and a wide range of non-durable package goods.

               

Renting high quality equipment is also the solution to seasonal or cyclical spikes in demand. Frain pioneered the concept of “borrowed ” capital equipment, providing equipment to manufacturers for as little as three months as a means of accommodating production spikes and new product or brand line extensions, with no long term commitments.

 

Frain can assist in identifying the right piece of equipment from its inventory database of 30,000 high quality machines, prepare the equipment for production, and guarantee satisfactory application with an unconditional two week right of return.  The customer gets the right machine in less than half the time it would take for new equipment to arrive, and at a monthly rental rate that eliminates the need for huge capital expenditure outlays. Frain Industries can also assist in keeping that equipment production ready on both an emergency and regularly scheduled maintenance basis.

 

Until the consumer market gains confidence in the American dollar, manufacturers must take precautionary measures against high capital investments.  Frain offers proven technical solutions to the packaging and processing industries in uncertain economic times: high quality machines, the best technical specialists in the industry, short term rental commitments, reduced risk, and an unconditional guarantee.

 

 

 

Market Conditions Justify “Borrowing” Machinery

Monday, April 6th, 2009

According to a recent survey conducted by Food Engineering Magazine, “One in four plants (24.6 percent) are committing less than 5 percent of their capital budgets to packaging machinery, the largest proportion to report such modest spending plans in recent years.” 

 

A growing number of manufacturing companies have the desire to introduce new products in the marketplace, but lack the capital-spending budget needed to implement the opportunity.  With the market trends continuing to head in this direction a solution to this challenge is essential.  Frain Industries provides this solution. 

 

Frain Industries is a packaging and processing machinery dealer that provides the largest selection of quality used machinery to the packaging world.  The company has grown from a small garage full of machines to a 1,000,000 sq ft warehouse that houses over 8,000 machines ready to ship.  Some of Frain Industries most recent successes can be attributed to the change in the marketplace trends.  As more companies limit packaging machinery budgets, Frain Industries provides their customers with an exceptional alternative:  “borrowing” high quality used machinery.  Companies can borrow machinery for new product introductions, seasonal or cyclical spikes in demand or other short term needs.  

 

Recently, several large food-manufacturing companies have used Frain Industries’ resources to achieve these project objectives.  Frain provided these companies with many short-term rentals to get the job done.  Frain assists in identifying the exact piece of equipment from its inventory database of 30,000 high quality machines, prepares the equipment for production and guarantees satisfactory application with an unconditional two week right of return.  The customer gets the right machine in less than half the time it

would take for new equipment to arrive, and at a monthly rate that eliminates the need for debilitating capital expenditure outlays. 

 

As the trend in capital budget spending continues to lessen, the need for creative solutions increases.  Frain Industries has recently purchased a 1,000,000 sq ft building to continue to increase inventory and allow for its current five buildings now be housed under one roof. 

 

For more information:

Contact:  Katie Frain

Phone:  630-629-9900

www.fraingroup.com

 

The Frain Group is the world leader in high quality used packaging and processing machinery with over 5,700 machines in stock and available for two day shipping.  Frain strives to continuously expand its inventory while providing outstanding customer service to consumers in the food, pharmaceutical, chemical and cosmetic industries.

 

Frain rents, sells or leases all types of packaging machinery and has the ability to set up any machine for the customers specific need, all with a two week right of return guarantee.