Saved $400,000 Per Year and Reduced Raw Material Variable Risk

• Historically zinc diecast material cost relatively low lending diecast zinc parts as very economical.
• Zinc soared from historical low levels of $0.50 - $0.70 per pound to over $2.50 per pound. 
• Customer searching for alternatives to Zn and requested quotes for non-ferrous alternate materials.
• We quoted non-ferrous and ferrous options allowing for density to achieve drop-in replacement.
• Average ferrous part < $1.50 each. Non-ferrous options $5.00 - $6.00 per part. 
• Cost of dies for castings typically 3 to 5 times the cost of powder metal tools. 
• Designed PM version as drop in replacement for customer eliminating need for product redesign.
• Magnitude shift in commodity price variation to the customer with steel and iron vs zinc commodity.