Related Reading: Can Cricut Maker Cut Acrylic? 2. Apparently, it had to shut down its doors. This also contributed to acrylic manufacturing having a lot of debt( we all know bad debt is very bad for business) as there was no way for it to pay back its creditors without an influx of cash or an increase in revenue. This made this company’s products(ATM) not competitive to survive in an ever competitive market.Īdditionally, it was losing money and did not have the funds to pay its creditors and continue operations. The main reason for this is that the price of acrylic sheets has been rising in recent years as a result of increased demand and limited supply. The company was not profitable enough to stay afloat. Right off the bat were relatively low profits. There are many reasons why Acrylic Tank Manufacturing Closed. Reasons Why Acrylic Tank Manufacturing Closed ![]() However, in 2020, Acrylic Tank Manufacturing Closed its doors and ceased operations. This company became popular as it delivered to clients worldwide. The tanks were molded and shaped into a wide variety of sizes and designs, and were often used for home aquariums, public aquariums, and research facilities. ![]() It involved creating aquariums and other types of tanks using acrylic, a type of plastic known for its clarity, strength, and resistance to impact and scratches. What is Redneck from Tanked Doing Now? Acrylic Tank ManufacturingĪcrylic Tank Manufacturing started operations in 1970 by Wayde King and Brett Raymer. And, provide alternatives for anyone looking to buy acrylic tank in the futureīut first, let’s take a close look at a little history of Acrylic Tank Manufacturing.īest Glass Aquariums in 2023( With Reviews): An Alternative to Acrylic Fish TanksĪre Wayde King and Brett Raymer Still Friends?.Highlight what we can learn from it as aquarium enthusiasts.In this article, I will explore the following The company was unable to compete with other manufacturers who produced acrylic tanks at lower cost. So, why did acrylic tank manufacturing close?Īcrylic tank manufacturing closed in 2020 because of the high operating cost, low labor productivity and lack of skilled labor. But, this alone could not keep this company a float. With over 200 projects a year, acrylic tank manufacturing made tanks that ranged from 50 gallons, 200 gallons to even a million gallon capacity. Many foreign and domestic competitors envied as it become the leading creators of aquariums and other acrylic products. ![]() Acrylic Tank Manufacturing was the king brand of all aquarium tanks in the early 70’s.
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