Posts Tagged ‘would’

How do I profit from an idea for an improved manufacturing process? It would dramatically increase molding.?

Question by : How do I profit from an idea for an improved manufacturing process? It would dramatically increase molding.?
My idea would dramatically increase the output of injection molding machines. It is preposterously simple and requires no new technology. I need to know what I can do to profit from this. Can I patent the process and sell it? If I was to implement the idea in an injection molding company (which I do not own or work for at present), I would enjoy a significant competitive advantage for a short time. However, this idea is so simple to implement it would quickly spread throught the industry, erasing the competitive advantage.

Best answer:

Answer by Lawrence
Apply for a patent. Proceed with the work needed to prepare your patent application and obtain your patent number. You will likely need the assistance of a patent attorney and their research staff to prepare the patent application, defining the process’ description and research any references to similar art.Then offer your patent applied for / patented process technique to industry under the terms of a NDA (non-disclosure agreement)

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How much would it cost to buy an injection moulding machine? Production?

Question by peter s: How much would it cost to purchase an injection moulding machine? Production?

Best answer:

Answer by memarcus
Hard to say. small molders can prolly be had for $ 50K or less. Big presses can cost 100’s of thousands. As far as prodcution goes that would incur cost as well. you’d need an operator, die setter, etc. There are other cost involved in ancillary equipment too. If big you might need a crane to change molds, not to mention an equipped tool shop for touchups and repair. EDM’s and other machining equipment adds up quick.

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