The American Mold Builders Association (AMBA), Indianapolis, Indiana, announced the release of its 2021 Shop Rate Report. The report gathered charge rates specific to services in engineering, moldmaking and specialty services, as well as current versus anticipated capacities, company demographics and sales information. The final report includes survey responses from 83 U.S. mold manufacturers from 21 states, primarily located in the Midwest region. 78% of respondents identified the automotive industry as a primary industry served, followed by the medical/optical/dental industry (58%) and the consumer products industry (49%). Three-quarters of this survey’s respondents report primarily building plastic injection molds, and just under half indicated that the average size of their molds is small (250-499T). 89% of respondents identified new mold/die builds as their primary source of revenue. Over half of this survey’s respondents, at 58%, indicated that their average gross margin was 14% or less; the remaining respondents were split between the following ranges: 15-19%, 20-24% and 25% or more. The full 2021 report provides additional information on over 20 individual charge rates, as well as further charge rate breakdown by annual sales revenue and/or by the top three primary industries served in the final portion of this report. For more information, visit www.amba.org.
