When it comes to purchasing the right machine for your business, you’re bound to wonder how much a press costs. Unlike a common shop press, custom presses provide accuracy, power and speed that’s sure to come with a higher price tag. For this reason, choosing the right press and provider is important to ensure productivity, safety and effectiveness. The range of applications and capabilities of these substantial presses are deal-breakers when it comes to dealing with the competition.
But how much is this price tag exactly? In the end, the answer to this burning question relies purely on the type of press and the requirements of the job. The pricing of these machines can range from as little as $17,000 to as high as $5 million+.
For this reason, it is important to consider the factors that influence the cost. This preliminary research can only provide generalized information. Since every manufacturer will have different job requirements and needs for their ideal press, it is best to request a quote from a specialist for accurate pricing.
Factors Influencing Press Cost
In general, three major factors can influence the cost of a press. These factors include type, capability and if it is new or used. Of course, the type of press needed has the most impact on the final price.
At Beckwood, we specialize in the construction of two primary classes of presses—hydraulic and electric. These presses are separated by their source of power. Hydraulic presses use a fluid power system with hoses, pumps, and motors to create force while EVOx presses create pressure using electricity only. Since servo actuators are costly and limited to 50 tons each, Beckwood caps their servo press line at 200 tons—the highest tonnage range of any servo press available today.
Typically, hydraulic presses have a lower upfront cost of acquisition than servo-electric presses, so the savings from lower operating costs and improved part quality long-term are often overlooked on servo-electric machines. The amount of time it takes to achieve full ROI on an electro-mechanical system will vary depending on your application, usage requirements, and utility costs, but it is not uncommon to see payback in as little as one year.
In a fluid power system (hydraulics), a single pump and reservoir can power multiple actuators. This results in additional upfront cost savings for applications that require ancillary operations like knockout cylinders, draw cushions, shuttles, clamps, etc.
Of course, the requirements of the job needing completion can affect your quote. Factors such as tonnage, speed, accuracy, automation and programmability all play integral roles. Requirements for specific jobs will call for presses with differing levels of capabilities–an expense that shouldn’t be overlooked. Purchasing a press that drastically exceeds or falls short of your expectations and requirements can have significant effects on the safety of employees and the quality of production.
Another facet to consider would be if the press was pre-owned. A used vs new press can vary in cost. New presses may seem less economical but are often worth the price as compared to pre-owned machines with “hidden” or unexpected costs. Used presses almost always require retrofitting, facility modifications and delivery/installation fees, and you’re not guaranteed to get everything you want in a machine.
In summary, the cost of a press can vary greatly depending on the type, job requirements and whether it is new or pre-owned. Due to this, pinpointing the exact cost of a press is best established with a specialist who can provide accurate, customized pricing per your specifications.