Rust Can Cost You Far More Than Just Money
Rust is a destructive and expensive enemy of metal that can wreak havoc on a company in many ways — it can shut down an assembly line, cause re-work, result in customer rejections, increase scrap costs, delay production, create health and safety concerns or lead to equipment failure. In the end, companies lose billions of dollars because of it each year.
In fact, a study by NACE International (The International Association of Corrosion Engineers) cites that the direct cost of corrosion in the U.S. is $276 billion (3.1% of Gross Domestic Product) and it is safe to assume that other industrialized nations are experiencing corrosion issues of a comparable magnitude.
As a result of these challenges, the need for cost-effective rust prevention methods in metal manufacturing and fabrication companies is vital. Safeguarding metal-based products from rust and corrosion while they are in-process, in storage, or in shipment and transport not only protects the metal, it also protects the bottom line.