How Quickly Does E1000 Pay for Itself

The StripMeister™ E1000

by Geoff Gariepy

What business do you advertise on the sign out front?  How productive are you in performing that service or making that product?

Regardless of what it says on the sign, if you handle significant quantities of scrap insulated copper wire (ICW) in various sizes in the course of doing business, chances are you’re leaving money on the table.

The revenue your operation realizes from selling scrap ICW is important to your bottom line.  Your profitability depends on earning as much as you can from the material you handle.  Although you know you could sell your scrap ICW as #1 bare bright copper material for two to three times as much by stripping the insulation off, the amount of time required to strip it manually occupies either you or one of your employees in a low-productivity task that is not the main focus of your business.  After all, you and your employees are far more productive and profitable when you stick to the type of work that’s advertised on the sign out front.  And chances are, that sign doesn’t say anything about stripping wire!

Scrap Metal Prices Have Tanked

At the same time, the scrap metal market you came to depend on over the past few years to help your bottom line isn’t what it used to be.

You aren’t alone if you’ve noticed that prices have taken a dive.  People in the industry are now talking like the lucrative scrap metal prices from just a few years ago were nothing more than a bubble that has since popped.

But your expenses sure haven’t taken a dive.  You need that scrap metal’s revenue more than ever before.  And with an uncertain economy, declining revenues in the scrap metal part of your business, labor costs continually rising, and ICW just as hard and time consuming to strip as ever, you know you need to make a big improvement in efficiency.

The Right Tool for The Job

E1000-H-500.pngWhat if there was a way to get the insulation off the wire much more quickly and easily?  What if there was a precision engineered, heavy duty tool that could handle stripping the serious volume of scrap ICW your business produces without breaking a sweat, or your bottom line? Wouldn’t you like to spend less time recovering value from your scrap ICW and more time concentrating on your main line of business?  The StripMeisterTM E1000 automatic wire stripping machine can do all of this and more!

The folks behind the StripMeisterTM E1000 automatic wire stripping machine produce a well-engineered tool that is affordably priced at $1,375.  With an efficient, 1/3HP DC electric motor, featuring a Pulse Width Modulated speed control and a gear reduction drive, you get high torque and precisely adjustable cutting speeds.  Cutting tool changes, which only come once every 8,000 pounds of wire, are a snap, and the machine realigns itself upon assembly, with no adjustments required.  What’s more, the cutting tool is a precision CNC machined rotary knife made from hardened, heat treated tool steel, and is reasonably priced at $59.99, making the cost of consumables very affordable.

If you’ve been burned by poorly made equipment before, rest assured, they build the StripMeisterTM E1000 in an ISO-9000 certified factory right here in North America, and stand behind it with a full, yearlong warranty against manufacturer defects, so you know they’re confident in the quality of their equipment.  This machine is a professional grade tool, built to last in a commercial or industrial environment for many years.

But How Quickly Does It Pay for Itself?

Let’s look at three of the common types of scrap ICW a business like yours typically handles, and see what kind of prices it brings when sold with the insulation still on and with insulation removed at a typical scrap yard in the United States.  We’ll show how long it takes to remove the insulation manually, and compare this with how much more quickly it goes with the aid of a StripMeisterTM E1000 automatic stripping machine.

For the sake of discussion, let’s assume that the worker stripping the wire manually is the perfect, dream employee who has a perpetually sharp knife, never stops for coffee or smoke breaks, and is strong enough to strip hundreds of pounds of wire at a steady rate of 300 feet per hour unassisted.  We’ll put his approximate labor cost to you, if you pay him $10 an hour, conservatively at $14.35/hour, benefits included.  We’ll also show how long the same employee takes to strip the same wire using a StripMeisterTM E1000.

THHN/THHW 1/0 Copper Wire

Original material 100 feet of THHN/THHW 1/0 copper wire
Weight of wire with insulation still on the copper 37.2 pounds
Scrap Yard classification 80% wire, $.90/lb
ICW Selling Price $33.48
Copper Weight, Insulation Removed 32.61 pounds
Manual time to strip 20 minutes, at a labor cost of $4.78
E1000 time to strip 1.25 minutes, at a labor cost of $0.30
Bare Bright Selling Price @ $2/lb $65.22
Employee productivity/hour, manual stripping

(300 feet stripped price – ICW price – labor)

$80.87
Employee productivity/hour, E1000 stripping

(4800 feet stripped price – ICW price – labor)

$1,509.17 – 18+ times more productive!
E1000 ROI 1,908 feet of this material, stripped in 23.86 minutes

If your business handles scrap 1/0 Copper Wire in significant quantities, your E1000 could pay for itself roughly four times over before you would need to replace the blade for the first time!   The E1000 is capable of processing this material at 80 feet per minute, which is roughly 16 times faster than our “perfect” employee can do it by hand and it will do so at a much lower overall cost.

That “E1000 ROI” figure listed above?  That’s showing you that your StripMeisterTM E1000 could pay for itself in a little under twenty-four minutes (if you had enough of this material to keep it going for that long!)

But the real story here is how much more productive the worker operating the machine is than he is manually stripping wire.  He adds $80.87 in value to the unstripped ICW in an hour, stripping 300 feet of it by hand.  The same worker, operating the StripMeisterTM E1000, would add $1,509.17 in value to the 4800 feet of ICW he could strip bare in an hour.  That’s an increase in his productivity of roughly 18 times!

250MCM Insulated Copper Wire

Original material 100 feet of 250MCM insulated copper wire
Weight of wire with insulation still on the copper 85.1 pounds
Scrap Yard classification Insulated Wire: $1.02/lb
ICW Selling Price $86.80
Copper Weight, Insulation Removed 77.19 pounds
Manual time to strip 20 minutes, at a labor cost of $4.78
E1000 time to strip 1.17 minutes, at a labor cost of $0.28
Bare Bright Selling Price @ $2/lb $154.38
Employee productivity/hour, manual stripping

(300 feet stripped price – ICW price – labor)

$188.38
Employee productivity/hour, E1000 stripping

(5100 feet stripped price – ICW price – labor)

$3,432.13 – 18+ times more productive!
E1000 ROI 1,085 feet of this material, stripped in 12.76 minutes

The StripMeisterTM E1000 really begins to shine when you’re feeding it 250MCM Insulated copper wire!  Manufacturer rated to process this material at 85 feet per minute, it powers through our 100-foot sample of 250MCM in a little over one minute, ten seconds of operation, costing us a mere 28 cents worth of our worker’s time.  How quickly could this machine pay for itself?  Well, if you’ve got a significant quantity of scrap 250MCM, it will strip enough of it in thirteen minutes to cover its purchase price, labor costs included, even after deducting the value of the source material sold as ICW.

As for our worker’s productivity?  Once again, he’s more than 18 times as productive operating the machine than he would be stripping that wire by hand.

1000MCM Insulated Copper Wire

Original material 100 feet of 1000MCM insulated copper wire
Weight of wire with insulation still on the copper 326 pounds
Scrap Yard classification Insulated Wire: $1.02/lb
ICW Selling Price $332.52
Copper Weight, Insulation Removed 308.75 pounds
Manual time to strip 20 minutes, at a labor cost of $4.78
E1000 time to strip 1.11 minutes, at a labor cost of $0.27
Bare Bright Selling Price @ $2/lb $617.15
Employee productivity/hour, manual stripping (300 feet stripped price – ICW price – labor) $840.59
Employee productivity/hour, E1000 stripping (5400 feet stripped price – ICW price – labor) $15,374.57 – 18+ times more productive!
E1000 ROI 390 feet of this material, stripped in 4.33 minutes

Would you have guessed that a StripMeisterTM E1000 could theoretically pay for itself in 2.24 minutes?  If you’ve got a few hundred feet of scrap pieces of 1000MCM in the back room, it can!  After it’s done paying for itself, it will be ready to turn a profit for you for hundreds of more feet of wire before even needing a new cutting tool!  Most importantly, however, the StripMeisterTM E1000 remains eighteen times more productive than a worker manually stripping wire in terms of dollars and cents.

Your $1,375 investment is paying off huge dividends in profits and productivity!

Quick Change Artist

Of course, most businesses like yours don’t have a few thousand feet of the same type of scrap wire laying around waiting to be stripped.  You more likely have a little bit of this, a little bit of that, and a pile or six of assorted other things, with a whole lot of it in short pieces!  You might rip out a couple hundred feet of Romex one day, and salvage some heavy gauge scrap wire when you wire an industrial machine the next.   If you’re a scrap yard, you’re getting all different kinds of wire every single day.  Handling all of this efficiently by hand can be a nightmare, and the competition’s machines just aren’t up to the job.

Fortunately, the StripMeisterTM E1000 automatic wire stripping machine makes taming this jumbled assortment of wire types simple.  It features a two-piece front wire guide that makes quick work of adjusting the machine to different sizes.  It can handle everything from 18 gauge wire up to 1000MCM, and it has the ability to precisely change the cutting speed to the rate that best suits the material.  With a little bit of sorting, you can quickly set the machine up to process wire in batches, get through your scrap wire piles and turn them into profits quickly!

Most of our customers report back to us that their StripMeisterTM E1000 has paid for itself in a matter of a few hours of operation with the typical jumble of different wire sizes via its huge improvement in their productivity.  After that, they tell us, the machine then goes on to earn profits for years after the initial investment has been recovered…profits that up until now the scrap copper wire part of your business just has not been able to generate.

Ready to Work, Everyday

It bears mentioning that the StripMeisterTM E1000 automatic wire stripping machine is not a cheap piece of junk made overseas.  Designed and precision manufactured at an ISO-9001 certified factory right here in North America, the StripMeisterTM E1000 will handle your tough wire stripping jobs for years after it has paid for itself.  It will do it in all kinds of weather, too: this machine is made of corrosion resistant aluminum and stainless steel, so if the wire stripping job needs to happen out in the back parking lot, a little rain or snow won’t hurt it.  It even includes the StripMeisterTM-exclusive built-in Romex wire feed adapter, making the set-up for America’s most popular wire simple and easy.

Really, in these days of declining scrap metal prices and increasing costs, you can’t afford to do without one of these machines and the eighteen-fold increase in productivity it brings.

Additional Features

  • Constructed of aircraft grade aluminum and stainless steel hardware, it will never rust
  • Powerful, 1/3HP PWM variable speed controlled DC motor (runs on 60Hz 120V AC)
  • Strips all sizes from #18 wire to 1000 MCM, Diameters from 0.11″ (2.7mm) up to 1.4″ (35.5mm) including ROMEX and braided (stranded) wire
  • Blades last for about 8,000 pounds of wire apiece
  • One-year warranty against manufacturer defects, and a 30-day, money back return policy
  • Prompt shipping, and ready availability of replacement parts

Why buy the E2000x when copper prices are down

Article Summary

Using the E2000x to strip the following cables will pay for itself in the following times:

 

Your business is serious about making money from scrap insulated copper wire (ICW).  As a large electrical contractor, building demolition expert, or
professional scrap metals reseller, handling ICW efficiently and extracting the largest value from the material is often part of the lifeblood of your business.

But up until now, you’ve been leaving money on the table.  Either you’re still stripping your ICW manually – a costly and inefficient process – or the wire stripping equipment you’re using isn’t well suited to the large volume of ICW that your business handles.  Maybe you’ve outgrown tools that are better suited for an individual scrapper, or maybe you’ve lost time and money trying to repair a substandard wire stripping machine that just isn’t well made.

What Happened to Scrap Metal Prices?

In the meantime, you’re feeling the pressure that the shrinking scrap metals market has brought to bear on your bottom line.  Scrap metal simply isn’t worth what it was even two years ago, and you’re moving more volume than ever before just to keep up.  Maybe you’re in the position of having had to let some material go as ICW that you would have stripped back when prices were better and you could still afford the labor to do it.  Maybe you’re even facing some tough decisions about cutting back on payroll in order to keep the business afloat at current prices, all the while sweating which way the market seems to be going.  You’re not alone; even some of the biggest scrap metal handlers have been drinking Alka Seltzer® instead of their morning coffee as they watch the futures prices head over the cliff.

Now that old, tired, hobbyist level wire stripper you keep out in back is getting in the way of your productivity.  Your guys just can’t produce stripped wire using it or the manual methods any faster than they already are.  You need a major increase in productivity, but you’ve got a limited budget to make improvements.  How will you get this situation back under control, and start earning profits from your ICW again?

Professional Grade Equipment

You need a wire stripping machine that can handle large volumes of wire in many different sizes.  One that far outpaces the clunky old machine you might already have in terms of productivity and reliability, and one that significantly improves the productivity of your employees many times over what they’re capable of by stripping wire with a sharp knife.  You know you need a machine that’s precision engineered and made out of sturdy, corrosion-resistant materials, capable of working just as well outside as inside.  You’d certainly feel better about buying a machine that was made right here in North America to extremely high standards instead of cut-rate junk from overseas made as cheaply as possible and likely to break by the end of the first month.  You need professional grade equipment, but it has to be affordably priced and it has to pay for itself quickly!

The StripMeister E2000x

2000x-1The StripMeister E2000x Industrial Wire Stripping Machine is professional grade equipment, built for businesses like yours that handle large amounts of scrap insulated copper wire.  Priced at a reasonable $1,899, it’s made to exacting ISO-9001 standards in a world-class, North American factory.   It handles both stranded and solid copper (or aluminum) wire from 16 gauge (1/8”) all the way up to 2000MCM (3 1/8”)!

Based on a powerful, 1 HP DC electric motor, it features a sophisticated Pulse Width Modulated speed control and a gear reduction drive that delivers quiet, smooth and efficient operation and also features a large Emergency Stop button for enhanced safety.   Improved over our previous StripMeister E2000 machine, the E2000x has our new spiral groove technology feeder drive and a new, quickly reconfigurable double slider front guide which includes a Romex wire adapter to speed up stripping America’s most popular wire by 33%.

This machine is our very best design, and we stand behind it with a full one-year warranty against defects in materials and workmanship.   Cutting tool changes, which only come once every 8,000 pounds of wire, are a snap, and the machine realigns itself precisely after you change the blade, with no adjustments required.  What’s more, the cutting tool is a precision CNC machined rotary knife made from hardened, heat treated tool steel, and is reasonably priced at $99.99, making the cost of consumables very affordable.

But How Quickly Does It Pay for Itself?

Let’s look at three of the common types of scrap ICW a business like yours typically handles, and see what kind of prices it brings when sold with the insulation still on and with insulation removed at a typical scrap yard in the United States.  We’ll show how long it takes to remove the insulation manually, and compare this with how much more quickly it goes with the aid of a StripMeisterTM E2000x automatic stripping machine.

For the sake of discussion, let’s assume that the worker stripping the wire manually one of your best people.  You know the one, she wields a perpetually sharp knife, doesn’t waste her time standing around the water cooler, and is strong enough to strip hundreds of pounds of heavy, insulated wire at a steady rate of 300 feet per hour unassisted.  We’ll put her approximate labor cost to you, if you pay her $10 an hour, conservatively at $14.35/hour, benefits included.  We’ll also show how long the same employee takes to strip the same wire using a StripMeisterTM E2000X.

Case Study #1: THHN/THHW 2/0 Copper Wire

cu-thhn-thwn-2

Original scrap material 100 feet of THHN/THHW 2/0 copper wire
Weight of wire with insulation still on the copper 46.2 pounds
Scrap Yard classification 80% wire, $.90/lb
ICW Selling Price, 100 feet $41.58
Copper Weight, 100 feet, Insulation Removed 41 pounds
Bare Bright Selling Price 100 feet @ $2/lb $82.00
Manual time to strip 100 feet 20 minutes, at a labor cost of $4.78
E2000X time to strip 100 feet 1.33 minutes, at a labor cost of $0.32
Employee productivity/hour, manual stripping

(300 feet stripped price – ICW price – labor)

$106.91/hr
Employee productivity/hour, E2000X stripping

(4500 feet stripped price – ICW price – labor)

$1,804.55/hr – 16.88 times more productive!
E2000X ROI pays for itself in 58 minutes stripping 2/0

 

If your business handles scrap 2/0 Copper Wire in significant quantities, your E2000X could pay for itself almost twice before you would need to replace the blade for the first time!   The E2000X is capable of processing this material at 75 feet per minute, which is almost 17 times faster than our “perfect” employee can do it by hand, and it will do so at a much lower overall cost.

But the real story here is how much more productive the worker is while operating the machine than they are while manually stripping wire.  They add $106.91 in value to the unstripped ICW in an hour, stripping 300 feet of it by hand.  The same worker, operating the StripMeisterTM E2000X, would add $1,804.55 in value to the 4500 feet of 2/0 ICW they could strip bare in an hour.

Case Study #2: 500MCM Insulated Copper Wire

750-mcm

Original scrap material 100 feet of 500MCM insulated copper wire
Weight of 100 feet of wire with insulation still on the copper 165 pounds
Scrap Yard classification Insulated Wire: $1.22/lb
ICW Selling Price, 100 feet $201.30
Copper Weight, 100 feet, Insulation Removed 154.38 pounds
Bare Bright Selling Price 100 feet @ $2/lb $308.76
Manual time to strip 100 feet 20 minutes, at a labor cost of $4.78
E2000X time to strip 100 feet 1.25 minutes, at a labor cost of $0.31
Employee productivity/hour, manual stripping

(300 feet stripped price – ICW price – labor)

$308.03/hr
Employee productivity/hour, E2000X stripping

(4800 feet stripped price – ICW price – labor)

$5,143.73/hr – 16+ times more productive!
E2000X ROI stripping 500MCM you make your money back in just under 15 minutes.

 Once again, the efficiency of the worker using the StripMeisterTM E2000X is dramatically higher than the same worker manually stripping wire at 300 feet per hour.  500MCM wire, being inherently more valuable than 2/0 wire, picks up an additional advantage in that it is actually processed 5 feet per minute faster by the E2000x than 2/0 wire. Manufacturer rated to process this material at 80 feet per minute, it powers through our 100-foot sample of 50MCM in one minute, fifteen seconds of operation, costing us only 31 cents worth of our worker’s time.  How quickly could this machine pay for itself?  Well, if you’ve got a significant quantity of scrap 500MCM, it will strip enough of it in just under 15 minutes to cover its purchase price, labor costs included, even after deducting what the value of the insulated source material would be if it was turned in unstripped.

As for our worker’s productivity?  Once again, they are almost 17 times more productive operating the machine than they would be stripping that wire by hand.  Their also far less likely to suffer injuries because not only is the StripMeister E2000x much faster than using a sharp knife, it’s inherently safer, too!  And remember, if things start to get out of hand, the E2000x features an Emergency Stop switch that shuts it down immediately with a single blow.  Does your current wire stripping device strip this much wire this quickly, economically, and safely?  Probably not! 

Case Study #3: 2000MCM Insulated Copper Wire

500-750-mcm-bare-bright-inside

Original material 100 feet of 2000MCM insulated copper wire
Weight of wire with insulation still on the copper 880 pounds
Scrap Yard classification Insulated Wire: $1.22/lb
ICW Selling Price $1,073.60
Copper Weight, Insulation Removed 617.5 pounds
Bare Bright Selling Price @ $2/lb $1,235.00
Manual time to strip 20 minutes, at a labor cost of $4.78
E2000X time to strip 1.11 minutes, at a labor cost of $0.27
Employee productivity/hour, manual stripping (300 feet stripped price – ICW price – labor) $469.85
Employee productivity/hour, E2000X stripping (5400 feet stripped price – ICW price – labor) $8,701.25 – 18+ times more productive!
E2000X ROI stripping 2000MCM you make your money back in just under 12 minutes.

 

Given that 2000MCM (2000KCMIL) wire is 70% wire, the StripMeisterTM E2000X could theoretically pay for itself in about 12 minutes if you had enough 2000MCM wire to run through!  After it’s done paying for itself, it will be ready to turn a profit for you for many years to come on wire and cable of all different sizes and yields.

In the meantime, your worker will have multiplied her average hourly productivity by over eighteen times using this very reasonably priced, high quality investment in industrial wire stripping technology.

Remember, the return on investment here assumes that one worker can handle hundreds upon hundreds of feet of extremely heavy wire by herself; that she can slice through a heavy jacket of insulation as quickly as a thin one, can move the scrap wire around the shop herself using a forklift, and never needs new utility knife blades or work breaks.  If you factor in the reality that the job here could easily occupy two or three people, that injuries using sharp tools to manually strip wire are common, and that 300 foot per hour productivity manually stripping wire likely represents the peak, rather than the average, productivity for a single worker, you will find that your StripMeister E2000x machine offers efficiencies and profitability enhancements that go well beyond what we’re able to describe for you here.

Quick Change Artist

Of course, most businesses like yours don’t have thousands of feet of the same type of scrap wire laying around, perfectly sorted and lined up, just waiting to be stripped.  You might take in hundreds of different types of scrap wire per month, each with a different recovery rate, and most of it in random lengths!  It will likely be twisted and tangled together on top of it all.  Handling all of this efficiently by hand can be a nightmare!  Is your old wire stripping machine really up to the job?

Fortunately, the StripMeisterTM E2000X automatic wire stripping machine makes taming this jumbled assortment of wire types simple.  It features a two-piece front wire guide that makes quick work of adjusting the machine to different sizes.  The motor speed can be precisely adjusted to a feed rate that produces the best results, too.  It can handle everything from 16 gauge wire up to 2000MCM, and it has the ability to precisely change the cutting speed to the rate that best suits the material.  With a little bit of sorting, you can quickly set the machine up to process wire in batches, get through your scrap wire piles and turn them into profits quickly!

Most of our customers report back to us that their StripMeisterTM E2000X has paid for itself in a matter of a few hours or days of operation with the typical jumble of different wire sizes via its huge improvement in their productivity.

Your investment with us

The E2000x Automatic Wire Stripping Machine is more than just a tool you buy to do a job.  It represents our very best piece of wire stripping equipment for our most demanding customers.  We have given it our premium electric motor drive, our finest wire feeder design, and built it to last for years out of high quality materials that can withstand a very tough environment.  We back all of this up with a full, one-year warranty against manufacturing or material defects, and support it with prompt shipping of consumables when you need them and replacement parts should they become necessary.

Really, in these days of declining scrap metal prices and increasing costs, you can’t afford to do without one of these machines and the tremendous increase in productivity it brings.

Quick Facts

  • Constructed of aircraft grade aluminum and stainless steel hardware, it will never rust
  • Powerful, 1 HP PWM variable speed controlled DC motor (runs on 60Hz 120V AC)
  • Strips all sizes from #16 wire to 2000 MCM, Diameters from 0.11″ (2.7mm) up to 1.4″ (35.5mm) including ROMEX and braided (stranded) wire.
  • Handles Romex with a built-in guide in only two passes.
  • Blades last for about 8,000 feet or 8,000 pounds of wire apiece
  • One-year warranty against manufacturer defects, and a 30-day, money back return policy
  • Prompt shipping, and ready availability of replacement parts

Justifying the StripMeister Original: A Case Study

Why buy a StripMeister Original when copper prices are down?

Summary points of article:

  • StripMeister original pays for itself in just 5 straight hours stripping romex at current copper prices
  • It makes you around $48/hour compared to manual stripping which brings in $4/hour
  • 12 times as fast as stripping by hand, or in other words, strip in 5 minutes what it takes in an hour by hand
  • Get 140% more $$$ for the same material stripped than the insulated copper wire price

Read on to to see how we precisely came to these numbers…

Read more