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Re: Business/ Financial question for all


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Posted by NCWayne on May 11, 2011 at 10:21:21 from (166.82.187.163):

In Reply to: Re: Business/ Financial question for all posted by thurlow on May 11, 2011 at 04:04:04:

I do alot more than just welding, in fact welding is a very small part of my business. I haven't taken on any BIG jobs in the past few years due to the economy and the fact that Dad more or less retired and I am having to do everything alone now. Still in the past when Dad and I worked together it wasn't unusual to take jobs like a total rebuild of a D9G. In that case parts for the initial round rebuilding the engine, transmission, and steering clutches were somewhere around $40,000. When he decided to do a complete undercarriage rebuild a few years later parts alone on that was in the neighborhood of $60,000. Another time Dad and I rebuilt a 71B Bucyrus Erie dragline for a mining operation up in the mountains. In that case parts were over $160,000 and labor alone was somewhere around $60,000, plus other expenses.

In the end BIG equipment comes with BIG parts cost, especially if you have to get OEM parts for everything. Had it not been for the aftermarket D6C CAT I am rebuilding the engine for right now would have required nearly $5700 in parts from CAT. As it is I was able to get a combination of OEM overstock, surplus, etc parts, along with aftermarket parts, that are just as good as CAT, and in some cases the same name brand CAT itself uses (without their box and the CAT name) and saved my customer nearly $4700 in parts alone.


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