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Last edited by Charlie; 10-24-2009, 07:34 AM. -
I can guarantee you that materials and shipping on them has increased a lot in the last few years. Just fer instance. Brass rod in 9/16" diameter for 6' long was about $18 and change when I started using it in 03. It is now $42 and change.
I can get a little cheaper buying bulk, but it certainly keeps me on price patrol.
Not anything has decreased. A few items have remained the same, but the bulk of my materials have dramatically increased, though not quite as much as that brass rod. I am considering going with gold. It can't be that much higher can it?
Lee -
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Interestingly enough, many material prices are down. Copper pipe, for example, is about half what it was a year ago.
We explored manufacturing in the far East, but found that shipping costs were more than the cost savings - so it was cheaper to manufacturer in the US when you considered net cost. If we were a foreign company from certain countries operating in the US, that would not be the case - foreign government subsidies would make the economics work to manufacture overseas.--------------------------------------------------
Electrical Engineer by day, Woodworker by nightComment
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Metals are back up again. And they're still climbing.
Copper:
http://www.kitcometals.com/charts/co...istorical.html
Aluminum:
http://www.kitcometals.com/charts/al...istorical.html
Manufacturers that use a lot of materials in their products (Grizzly, for example) are caught between a rock and a hard place. Their costs are increasing dramatically, at the same time they're forced to hold pricing because the market for new tools isn't great right now.Comment
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CEO's are not greedy. Their job is to make the most money they can for the company they work for, again, that's their job. If they choose to raise prices when a raise is not justified or plausible the buying public will stop buying that product. The company will then not make any money and the CEO will be out of a job very quickly.
However, if your definition of a greedy CEO is one who makes a lot of money for his company that I agree. A good "greedy" CEO is worth every penny he/she is paid and I want every CEO who runs any company thats in my retirement program to be a greedy SOB._________________________
"Have a Great Day, unless you've made other plans"Comment
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I didn't mean that was the only reason. Just food for thought. If materials have come down, I have NOT seen it.
Something else to think about is since the economy isn't as robust as it has been, they aren't selling as many units. This means they aren't making as many. This means production cost go up per part.
I am not trying to justify the particular price increase that you personally noted, just how prices can and do fluctuate for reasons that may not be apparent at first glance.
It could be Amazon that is getting greedy.
LeeComment
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Broadly speaking, it is true that executive salaries have risen, particuarly in relation to average worker salaries.
Having said that, your complaint would be much more powerful if you could show that the executives in the tool company you're worried about was getting huge raises while the workers were not. Or that the companies profits were down while salaries were up. Otherwise it's just howling at the moon.
FWIW, I've been known to howl a bit myself.
JRJRComment
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That is usually the case when the subject of management compensation is brought up. Far too many people operate under the assumption that a person that doesn't literally get their hands dirty at work doesn't work very hard. A persons worth to a company has no bearing on the color of their shirt's collar. And yes, there are plenty of white collar positions out there today that are also taking a hit where salary and benefits are concerned._________________________
"Have a Great Day, unless you've made other plans"Comment
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