Reducing your company's overall operating costs by 12% is a dream for many plastics processors, but Lowell Allen, senior vice-president at The Rodon Group, and his tam have spent the past years making it their reality. He kindly joined us for a "chat" during the industry's first-ever Virtual Event, which we organized last Thursday, Sept, 8th under the title Continuous Improvement in Injection Molding.
As Allen recalled, in order to identify where money can be saved in your molding operation (from an energy standpoint), one must first identify what processes are continuously running. "If you are a 24/7 molder, as we are, with 106 molding machines, it's best to prioritize each continuously running process. Of course, none of us have an unlimited budget, so it's important to investigate those areas that can be addressed that cost the least first, with the shortest payback time," he explained....