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![]() Today's "Low-End" Machines Offer High-End Value If you have purchased a new automobile recently,
it may well have been equipped with a CD system, power steering and a sun roof as standard
equipment. Manufacturers these days also provide owners 50,000 mile bumper-to-bumper
warranties, plus 100,000 miles between tune-ups in the maintenance package. Then there are
the dealer incentives. Such is life in the highly competitive auto industry. It's
not all that different with machine tools. But better yet, you'll find even more
extraordinary value being offered to U.S. machine shops in their investment opportunities
for today's low-cost CNC machinesin particular, horizontal lathes and vertical
machining centers, which represent from 65 to 70 percent of the U.S. market in terms of
units consumed. Thanks to a stable economy over the past half decade, pricing for basic
machine tools has remained flat. At the same time, there has been little letup in adding
new technology to most product lines. The industry's extended boom has quietly masked the
bargains available today in the so-called low-end category of machine tools. For
some people who've been around machine tools for a while, the term "low end" may
conjure up old ideas of inferior imports, slow speed and really basic CNC's. And no doubt,
some of that equipment from the late 1970s and early '80s was like an auto without power
brakes, or an engineering department without CAD/CAM. These were cheap machines without
"much shine" but for the low initial cost. But today's smart buyer has grown to
expect more technology as a matter of course. He buys a car with all the do-dads, why not
his machine tools? And successful builders are responding simply because the market
demands it. Technology Bar Raised Today's robust economy and the rise in the use of computerization in the design, engineering, inspection and controlling of new products has greatly quickened the development and introduction of new CNC machines into the marketplace. Whether one attends a regional trade show or waits for the biennial IMTS exhibition, there's much fanfare to digest over the wide selection of new equipment.
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