NK Technologies, a developer and manufacturer of innovative current-sensing products, recently participated in Manncorp’s newly launched Trade In, Trade Up Program. Ron Rapczynski, Director of Business Development at NK Technologies, shared their experience trading up equipment with us.
The Equipment: Old & New
In March of 2015, NK Technologies purchased an AP430 automatic stencil printer and a high-speed MC389 pick & place machine. Since then, their company has experienced increased demands that have necessitated an expansion of production capabilities. To achieve new goals while reducing equipment costs, they took advantage of our Trade In, Trade Up program, trading in their AP430 printer for another MC389.
When asked about this decision, Ron told us, “We chose Manncorp because it offered a compelling economic advantage.”
The relationship between Manncorp and NK Technologies goes back to 2013, when Terry Semon, another employee of NK Technologies, first came to the East Coast Manncorp demo center to view the SMT equipment in action. Their first purchase from Manncorp was a CR5000 5-Zone SMT Reflow Oven. After having a top-notch experience with this equipment, seeing improved levels of production, they became a loyal Manncorp customer.
Manncorp Equipment at NK Technologies
The new Manncorp equipment installed at NK Technologies is being used in the production of their ground fault sensors. “Most of our ground fault sensors incorporate two PCBAs within the product case,” explains Ron.
“The ability to assemble these PCBAs using automated assembly equipment has significantly increased our manufacturing capacity.”
NK Technologies’ ground fault sensors provide an industrial solution for ground fault monitoring. Essentially, these sensors are an industrial version of the Ground Fault Circuit Interrupter (GFCI) receptacles located in most kitchens, bathrooms, and garages found in today's housing.
Bringing Production In-House
While many Manncorp customers are looking to bring production in-house, Ron explains that their company has always “been vertically integrated,” having manufactured their own products “since the company’s founding in 1982.” However, it was Manncorp equipment, says Ron, that allowed “for replacing manual assembly operations with an automated alternative.”
The Trade-up Process
During the process of trading in equipment, Ron explains, Manncorp offered a substantial credit option for trading in their “AP430 printer against the purchase of another MC-389 Pick and Place Machine.”
He reports that the “trade-in process was straightforward and easy” and along the way, “Manncorp has always been responsive” to their needs.
Choosing to Trade Up
For many customers, one of the biggest perks of trading in equipment is being able to keep their existing, universal Manncorp feeders. On this topic, Ron says, “[because] we did not have to purchase new feeders…we could interchange the existing feeders between both machines.”
The result: Greatly reducing the cost of their equipment upgrade.
Another major reason NK Technologies had for trading up was improving the speed and capacity of their production. Manncorp is happy to hear about the success NK Technologies has had with their equipment; since trading up for the MC-389, Ron informs us that their “production capacity has significantly increased.”
Top Benefits of Trading Up for New Equipment
1. Expand Production Without Substantial Capital
By choosing to trade in old equipment for new, your company can use internal assets to avoid making a major economic expenditure while eliminating the hassle of receiving outside financing.
2. Access to Customer Service and Long-term Technical Backup
Tell us what you hope to achieve, and our team can help by creating a custom plan to fit your goals. Then, once you make your purchase, you will receive hands-on help with your install and be supported with after-service if any issues arise.
3. Get Risk-Free Equipment at an Affordable Price
Choosing to trade in equipment with Manncorp eliminates the risks that come with buying from unreliable internet sources or from resale companies that do not warranty their machines. We are the original manufacturer of the equipment we offer, and it is all thoroughly inspected and warrantied to ensure that when your machine arrives, it works perfectly.
Interested in Trading in Equipment?
For more information or to start the trade-in process, get in touch with equipment experts at Manncorp by calling East Coast: 215-830-1200, West Coast: 858-490-6266, or by emailing email@example.com.