HAVE YOU PUT OFF BUYING YOUR FOAM COMPACTOR?
Posted by: Doug Malawey
Have you been watching the Euro?
In case you haven't noticed, Foam Equipment & Consulting Company is the North American Representative (Sales, Service, Parts and Consulting) for several German machine builders. For these companies, we are the sole rep. Between the different machinery lines for the foam molding industry and the foam recycling industry, (expandable polystyrene, expandable polyethylene, expandable polypropylene and extruded polystyrene), we have molding machinery, filling injectors, EPS, EPE and EPP grinding equipment, and foam compactors for the densification of foam, for recycling purposes.
What's that got to do with the Euro you ask? Well, this equipment comes from Germany. This is German engineering and technology at its best. And you know what that means. It's not the most inexpensive equipment out there. But like anything else, you get what you pay for.
But if you have not been watching the Euro, it's a good time to take a look at it. If you are interested in buying our German equipment, it's time to make a move. Like all other things, it probably won't stay down forever. At the current price, it's close to 25% cheaper to buy something today, than it was just 6 months ago. That can be significant. I bet your tip fees or the cost to empty your dumpster of foam has not gone down 25%, (while you continue to let that plastic go to the landfill.)
When we are able to save some money on the Styrofoam recycling equipment or molding equipment, we pass it on to our customers.
Currently the Euro is below the average of the last 500 days.