This is actually what happened to Acrylic tank Manufacturing and tanked owners. This can lead to loss of revenue as well as bad publicity for your company which could harm its reputation. If this is not done then there is a chance that some of your products will be faulty and therefore unusable by customers. It is also important that you have good testing procedures so that you can ensure that the quality of your products remains high throughout the production process. Let’s say for example when you manufacture a product, it is important that you have good quality control procedures in place so that your products do not contain any defects or flaws in them when they leave the factory. Related Reading: Can Cricut Maker Cut Acrylic? 2. Apparently, it had to shut down its doors. This also contributed to acrylic manufacturing having a lot of debt( we all know bad debt is very bad for business) as there was no way for it to pay back its creditors without an influx of cash or an increase in revenue. This made this company’s products not competitive to survive in ever competitive market.Īdditionally, it was losing money and did not have the funds to pay its creditors and continue operations. The main reason for this is that the price of acrylic sheets has been rising in recent years as a result of increased demand and limited supply. The company was not profitable enough to stay afloat. Will Acrylic Paint Stick To Plastic? Reasons Why Acrylic Tank Manufacturing Closedĭespite being founded and managed by great aquarium enthusiasts such as by Wayde King, Brett Raymer, Robbie Redneck and Heather King, Acrylic Tank Manufacturing Closed and here is why 1. Top 3 Best Mod Podge Formulas for Metal in 2023 : A Complete ReviewĪre Wayde King and Brett Raymer Still Friends? So, without further a do, let’s first look at the reasons why acrylic tank manufacturing closed. And, provide alternatives for anyone looking to buy acrylic tank in the future.Highlight what we can learn from it as aquarium enthusiasts.In this article, I will explore the following The company was unable to compete with other manufacturers who produced acrylic tanks at lower cost. So, why did acrylic tank manufacturing close?Īcrylic tank manufacturing closed because of the high operating cost, low labor productivity and lack of skilled labor. But, this alone could not keep this company a float. With over 200 projects a year, acrylic tank manufacturing made tanks that ranged from 50 gallons, 200 gallons to even a million gallon capacity. Many foreign and domestic competitors envied as it become the leading creators of aquariums and other acrylic products. Acrylic Tank Manufacturing was the king brand of all aquarium tanks in the early 70’s.
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