Badger Daylighting Limited is a company operating in Canada apart from Malley industries which uses ABS plastics for its production purposes. The firm is responsible for making of hydrovac. Hydrovac excavation refers to a non-destructive manner of excavation which uses pressurized water for the purpose of agitating the earth and a potent vacuum in order to eradicate debris and expose underground pipelines and utilities in a safe manner. The safe manner is very essential as it prevents accidents to occur.
Apart from making of hydrovac or excavation machines, ABS plastics can also be used for other purposes or functions (“Applications for ABS Plastic Sheeting – A&C Plastics”, 2019). They include 3D building materials. 3D professional printers always use 3D plastics. It is attributed to the fact that the ABS plastics have a low melting point. Additionally, the ABS plastics are also stronger.
Also, ABS plastics are used in making of fittings and pipes. ABS plastics are preferred to metal and other plastics in making of fittings and pipes. It is because of reasons such as they do not easily rot, they are lightweight as well as they do not require much knowledge during their installation process. In the making of 3D professional printers, the ABS plastics are subjected to a temperature range of 230 and 260 degrees Celsius (“3D Printer Materials Guide: 3D Printing Plastics”, 2018). Apart from having high strength, ABS plastics are reusable materials which are capable of welded through chemical reactions. Conversely, ABS plastics are biodegradable, thus the printing platform should be subjected to heat in order to prevent warping.
Over time the Canadian market for these 3D professional printers has been increasing tremendously. Hence, it making it necessary for firms, such as Ultimaker, Makerbot, and Lulzbot among others, to acquire more of their products for the purpose of meeting the high demand in the market (Bradbrook, Brody & Chen, 2016). Generally, the Canadian market has a high demand for 3D printers. This necessitates their huge production in the country. Also, their considerable and friendly cost make them be in a better place of being purchased by various clients across the whole country of
The sole or essential reason for a business to be in operation is for it to make or attain profit objectives. However, that is not to refute the facts that a business can be started with other motives or goals. Additionally, other businesses exist with the aim of accomplishing some social responsibilities in the community setups such as paying fees for the needy. It is the same case with companies such as Ultimaker, Makerbot, and Lulzbot. Their main objective of being in existence is to make a profit to the founders and the management team.
The companies’ cost of production is less as compared to the profit they in the selling of its end products, which are 3D printers (Jenkins & Yan-kuo, 2016). For instance, the firms acquire raw materials at a cheaper prize then utilize the raw materials for production purposes. The quantity made out of the raw materials is promising. Eventually, when the products got sold, the money got is twice to thrice of the funds used in acquiring the raw materials. This simply shows that the firms or companies make a profit of at least 100%.
It is also essential to take into consideration that the businesses are involved in paying government taxes and other levies as well as paying of their employees. The finance to cater for these expenses takes about fifty percent of the profit. Thus it implies that at the end of it all, the business makes at least 50% profit for any set of raw materials it acquires. The percentage of profit is very promising for any business. It gives the business the confidence of strategizing more on maximizing the profit as well as assuring it a brighter future ahead.
In conclusion, business activities entail a lot of hiccups. The companies named above which make 3D professional printers are no exception. Their success in the Canadian market was not an overnight thing. The firms spent nearly their first ten years of operation in darkness. It is afterward that they began making some considerable profits to guarantee them a brighter future. Thus, patience is a virtue in any business.
Applications for ABS Plastic Sheeting – A&C Plastics. (2019). Retrieved from https://www.acplasticsinc.com/informationcenter/r/using-abs-plastic-sheeting-compared-to-other-materials
Canadian 3D printing companies – 3Dnatives. (2019). Retrieved from https://www.3dnatives.com/en/3d-printing-directory/categories/canada-3d-printing-business
Bradbrook, M., Brody, P., & Chen, A. (2016). Why 3D printing needs to be on the business executive agenda now [Ebook]. Retrieved from https://www.ey.com/Publication/vwLUAssets/ey-3d-printing-report/$FILE/ey-3d-printing-report.pdf
Jenkins, G., & Yan-kuo, C. (2016). Canadian Regulatory Cost-Benefit Analysis Guide. Retrieved from https://ideas.repec.org/p/qed/dpaper/168.html
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