A manufacturer's decision to purchase new production equipment requires the careful consideration of both the more apparent and the less obvious costs associated with the purchase.

When making a purchase of capital equipment are you taking into consideration all the costs that make up the total cost of ownership? With all of today's expectations of capital equipment it's important to understand the product's lifecycle costs to make the right decision upfront.

Brian McConnell, president of Burr Oak Tool, presents a detailed discussion of the Triumph Hairpin benders' lifecycle and the inherent costs Burr Oak Tool considers when designing and building the next generation of hairpin bending machines.

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