Q
average hourly rate for injection molding
I'm a seasoned industrial engineer with a keen interest in machine learning. Here to share insights on latest industry trends.
The average hourly rate for injection molding services varies widely depending on several factors such as the complexity of the part design, material used, production volume, and geographic location. In the United States, the average hourly rate can range from $40 to $130. High-precision or complex molds that require advanced materials or intricate designs tend to be at the higher end of the scale, while simpler, high-volume projects might cost less. Additionally, rates can vary significantly between domestic and overseas suppliers, with some Asian countries offering lower rates due to reduced labor and manufacturing costs. It's crucial for businesses to consider not only the hourly rate but also the quality of work, the reputation of the provider, and the total cost of ownership when choosing an injection molding service.
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