Manufacturing and machinery are busy industries. Between all the engineers, welders, and other skilled laborers going to work in these industries every day, a lot of construction equipment is needed. For example, warehouse forklifts are needed to move light items around the warehouse, and industrial forklifts are needed for heavier items. For where forklifts fall short, telehandlers and boom lifts can access harder-to-reach areas.
As a company in the manufacturing and machinery industry, we understand efficiency is a huge goal. This is where BigRentz can help. In addition to our nationwide coverage, we handle all the backend logistics of equipment rentals, so after you place your order with us, we make sure all your equipment shows up when and where you need it. One contractor we partner with saves 5 hours per week—250 hours per year!—by outsourcing their rentals to BigRentz.
Manufacturing is the process of creating a product from raw materials and constituent parts. This work used to be done by hand. However, with the advent of the Industrial Revolution in the latter part of the 18th century, the production of goods and services in the U.S. shifted from human to machine labor. Even the machines responsible for making the vast array of products at our disposal today are themselves made by machines. In fact, the export of machines manufactured in the U.S. generated $166 billion in 2015.
Machinery manufacturing requires a highly skilled labor force. Jobs typical of this manufacturing subsector include mechanical engineers, tool and die makers, welders, engine assemblers, and computer-controlled, machine-tool operators. The Bureau of Labor Statistics reports that 1.1 million workers were employed in some aspect of the machinery manufacturing industry in 2016. That figure is expected to drop slightly to 1 million by 2026. The average salary for machinery manufacturing employees is currently at $29 per hour, and the unemployment rate is low, hovering at 1.6 percent.
The future of manufacturing, including machinery manufacturing, will be dominated by automation and artificial intelligence. Automation reduces manufacturing expenses and offers a safer working environment since much of the human element is removed from the production process. Artificial intelligence or robotics used in the manufacture of goods require even less human intervention. These machines are capable of performing highly complex tasks that it was once thought only humans could perform. In fact, some forecasters speculate that some production operations could be 100-percent automated in the near future.
Using construction-like equipment can expedite the manufacture of many products, including machinery. The following list describes some of the more commonly used pieces of construction equipment that manufacturers in many industries take advantage of today.
While large manufacturing companies have the financial resources to purchase some if not all of this equipment, smaller businesses may not be able to afford the cost. And even multi-national corporations may find that purchasing some pieces of heavy equipment isn’t cost-effective under certain circumstances. Renting construction equipment, on the other hand, is a viable option that more and more manufacturing companies are considering.
Even large manufacturing companies, with their immense financial resources, may decide to rent construction equipment that has just come on the market. Renting lets them try out the equipment before purchasing it to determine if it will be suitable for the work they regularly perform.
Smaller companies that have to count every penny may have no choice but to rent construction equipment if they want to compete for jobs that can’t be done without it. And we’ve already seen how using air compressors in place of motors can reduce costs. Renting this equipment would serve to lower costs even more.
Businesses can also rent construction equipment for use on manufacturing jobs they will only perform once or a few times a year. Purchasing this equipment would put an unnecessary drain on resources, both financial and human, and require time devoted to regular maintenance that could be spent on actual manufacturing tasks. Why pay $11,000 for a forklift, for example, when you can rent one for around $200 a day and deduct the fee as a business expense?
Renting construction equipment for use in the manufacturing and machinery industry is a business best practice that many companies are taking advantage of. Let BigRentz help you select the equipment that’s right for your company.