Manufacturing

Manufacturers have very interesting and unique waste and recycling needs. Whether you are a chemical manufacturer dealing with hazardous liquid waste, a foundry with spent sand, or a manufacturer producing thousands of widgets, we can help. P3’s team of waste and recycling experts has worked in these environments many times before. In fact, our experts love working with manufacturing because it is more interesting and challenging. We know how to navigate these needs effectively to deliver the best solution and service at the best possible price.

Manufacturers are typically high consumers of energy.

In some cases, their needs almost always run 24 hours per day, creating unique energy requirements. In other cases, they have large pieces of equipment that require drawing significant amounts of power at specific times of the day.

The energy requirements for manufacturers can become very complex very quickly. These complications present many opportunities, though. There are typically a wide range of tariff options available for manufacturers, making it difficult to determine which is the best and most profitable. In some cases, if you choose the wrong tariff, you may not be allowed to switch back. Furthermore, there are many tax and exemption implications.

Manufacturers are by far the best clients we work with for utility audits, as we have the highest success rate with manufacturers. You can view our white paper here to explore more ways in which we help manufacturers in reducing their utility expenses and recoup money from errors and overcharges.

Merchant processing fees are probably one of the more interesting and surprising ways we help manufacturers save money. Most people do not think about this expense category when they think of manufacturing, but manufacturers often accept large orders through credit card payments. The expenses can add up quickly.

We go deep behind the scenes to analyze our clients’ interchange rates and uncover the places where hidden fees often reside. In almost every case, what a client thinks they are paying is nowhere near the “net” costs once you factor in the variety of ways these charges can “clear” at the processor.

Our experts have worked for and even managed these processing companies before. We use this expertise, along with thousands of benchmark data points, to ensure that our clients’ expenses are accurate and cost-efficient.

A manufacturer’s needs will largely depend on the size of the workforce at the local facility. If the employee count is high enough, there will often be substantial uniform and linen expenses with companies such as Cintas, Aramark, and others. Aside from averaging 30-40% savings, here we help ensure the contracts are buttoned up, and our clients have the proper protections in place to ensure price increases can’t eat into the budget.

Larger manufacturing facilities will often easily exceed the $10,000,000 property value threshold required for them to qualify for our property tax audit. This means their tax bills can exceed $100,000 per year. Local appraisers often value these properties using arcane, subjective, and incorrect valuation methods. Our team of experts has extensive experience challenging assessments of income-producing properties like this to ensure our clients’ tax burdens are fair and as low as possible.