Tolling is an agreement under which a 3rd party provider with a specialized production plant processes raw material or semi-finished products for another company. The benefits of such an arrangement include:
Time Savings. If a company faces time restraints to get their product to market fast, tolling allows them to process the material ASAP with a provider, without waiting for their own production plant to be constructed.
Monetary Savings. Tolling is a viable option for a company who is not financially ready to invest in their own production plant.
Spatial Resolution. If a company’s plant does not have the physical space to process the capacity at hand, tolling with a 3 rd party offers a sufficient resolution.
FEECO houses a Tolling Facility at our headquarters in Green Bay, WI (USA). To learn more about FEECO’s capabilities, visit our tolling webpage or contact us today!