Do you want to start nut and bolt manufacturing business?
If YES, this article will teach you all you need to know about the nuts and bolts business and how to setup your own nut and bolt manufacturing plant.
Nuts and bolts making business is considered as light engineering product manufacturing. Nuts and bolts are a type of industrial fasteners used in various products, machines, structures etc. Nuts and bolts consist a major link in the family of industrial fasteners and are used by every industry. Bolt is a piece of metal rod, whose one end is unsettled and another end is threaded. The nut is the item which rolls on these threads.
Nut and bolts are available in various shapes, designs, and sizes. Nuts and bolts are used for the fastening purpose in industries where the replacement of pieces and the parts is necessary. There are many industries producing these nuts and bolts of various sizes, but the demand is also increasing as well as the raw material for the products is easily and indigenously available. Alike any manufacturing business nuts bolts making business opportunity also demands strategic planning. Having knowledge in mechanical engineering is a plus but it is not mandatory. With substantial capital investment any individual can initiate nuts bolts making business from his/her home location also can setup his or her nut and bolt factory with relatively low start up capital.
NUTS AND BOLTS MAKING MARKET POTENTIAL
The demand of nuts and bolts is influenced by the following factors:
● Transportation industries, Railways, aircraft, wagon, bicycles, automobile, body builders, etc.
● Electrical industries like manufacturing of transformer, electric motors, fans etc.
● Building activities such as the construction of bridges, fabrication of various steel structure etc.
● Other heavy and light industries, steel and wooden furniture, machine tools, agricultural machines and agricultural implements etc.
As a various type of MS and HT nuts and bolts are used in above sectors, the market demand is directly proportionate to the development of these industrial segments. Here in manufacturing process and machinery part, we only put information about MS nuts bolts making. We will definitely try to post another detailed informative article about nuts bolts making with heat treatment process.
NUTS AND BOLTS MAKING BUSINESS REGISTRATION
Registration your business with CAC is the first necessary part in initiating nuts bolts making business. You will need to obtain Trade License from local Municipal Authority. Apply for ‘consent to establish’ and ‘consent to operate’ both from Pollution Control Board. If you want to establish a full-scale factory setup you should apply for Factory License. You will need to get Vat Registration.
NUTS AND BOLTS MAKING RAW MATERIALS & MACHINES
In manufacturing nuts the main raw material is the hexagonal rod of the desired size. For bolt manufacturing, the required major raw material is MS rounds. Apart from this, you will need to arrange packaging consumables.
In starting nuts bolts making business you will need to establish machinery such as Double stroke solid die cold head forging machine, Head trimming machine, Thread rolling machine, Bull block wire drawing machine, straightening machine, Power press, Planting tank, Steel polishing barrel with electric motor , Automatic nut forming plant, Nut tapping machine, Weighing scale etc. Procure the machinery from a reliable supplier. Ask them for an onsite training.
NUTS AND BOLTS MAKING PROCESS
In nuts manufacturing, the hexagonal rod of the desired size is procured and the nuts are cut on the automatic nut-cutting machine. Cutted nuts blanks are drilled and tapped on the nut-tapping machine. Finally, these are deburred in the polishing barrel.
In bolts making, procured MS rounds need to be straightens. The rounds are pickled in the acid tanks, washed and drawn in a drawing machine. The cleaned rod is fed into the cold heading machine. In the machine, one end of the rod is cut into the desired length with cutting stroke and simultaneously the head formation takes at another end.
NUT AND BOLT MANUFACTURING PLANT COST
To setup a nut and bolt manufacturing plant you will need to budget a start up capital of $20,000 to $50,000 depending on how big you want to go and the production machines needed. If you want to secure this capital and need with writing a business plan and a funding proposal click here to contact us now.
If you need any help starting this business we can help increase your chances of success even before you start, we will assist you regarding this business.
We will conduct feasibility study highlighting every important detail you need to know about this business; and present it to you in a comprehensible format at a negligible cost. CLICK HERE TO SEND US A MESSAGE.
WHETHER YOU’RE STARTING A NEW BUSINESS, REPOSITIONING YOUR EXISTING BUSINESS, OR TARGETING OUTSIDE INVESTORS, GETTING A CLEARLY DETAILED BUSINESS PLAN CAN MAKE THE JOURNEY TO YOUR BUSINESS GOAL EASIER, FASTER, AND LESS COSTLY. CLICK HERE TO GET A NUTS AND BOLTS MANUFACTURING BUSINESS PLAN
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