Common sources are households and construction sites. To
establish the business you need basic equipment, low startup fund and cheap
labor. You could source the wire and sell to recycle plants or collection
centers.
Types
of Wire Striping Equipment
There are different types of wire stripping equipment in
the market. However a person needs only basic equipment to carry out the job.
Most of the equipment’s are cheap and easily sourced in a
hardware store. Common equipment’s are alligator shears, weight scale and a
manual stripper. Others are quality cable cutters, motorized cutters and stock
replacement space parts.
- alligator shears
- weight scale
- electronic/manual stripper
- cable cutters
- motorized cutters
- replacement space parts
Invest
in Good Wire Stripping Machine
The most important hardware you need is a wire stripping
machine. The machine is the primary equipment used in harvesting copper wire.
Although there are many brands in the market having some
features is beneficial. Make sure the machine has anti slip blade, steel blade
and adjustable guide. Other good features are aluminum frame, strip solid core,
braided wire and one piece blade.
Price
of Wire Stripping Machines
The price of manual stripping machines greatly varies to
automatic strippers. The manual stripper could be found from $30-$60 while the
automatic version retails from $260-$500.
The machines are highly adaptable and used by many
professionals. Industries that use the equipment are construction, scrap yards,
handymen and electricians.
Places
to Find Scrap Wire
There is an abundance of possible places to find scrap
copper. Common locations are junk yards, homes, factories and yard sales.
Others are rubbish dumps, demolition sites, mining
companies and construction sites. More are electrical spare parts shops and at
your local electrician.
Where
to Find Scrap Copper
- junk yards
- homes
- factories
- yard sales
- rubbish dumps
- demolition sites
- mining companies
- construction sites
- electrical spare parts shops
- local electrician
.The
Pros of Starting a Wire Stripping Business
The wire stripping business is simple and requires zero
training. However you need to know how to identify components that have wire.
Here are some benefits to starting a wire stripping business.
- Low startup costs
- The business is easy to start and establish
- You can work part-time or full time
- Wire stripping require simple knowledge of the process
- Lots of inventory especially in electrical appliances
- Copper wire burning is prohibited in most countries
- Copper attracts premium prices
- The wire is recyclable and easy to remove.
- The business is highly lucrative
- The business is environmentally friendly
- Re-purposed wire is cost effective than producing new copper wire
- 100% guaranteed yield with appropriate equipment
- Scrap yards buy 5 grades of copper wire
- He weight determines the final price
The Cons of Copper
wire Stripping Business
- The process of stripping could be tedious without appropriate equipment
- The scrapper needs safety gear and equipment
- There is a danger of cuts and bruises while handling wire
- Fluctuating prices based on demand and supply
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