At a base price of £60,000-£65,000, Robo-Tend comes in some £20,000-£25,000 below equivalent existing and similar devices, XYZ Machine Tools' managing director Nigel Atherton states. But better than that, he explains just what that means for a system bought on a five-year lease arrangement at 3.5% and with just £5,000 put down – “Although, you'll definitely get 10 years out of a robot; robots don't work as hard as machine tools”.

And regarding finance, it should also be said that, unlike bespoke automation, Robo-Tend is a standard, re-saleable product that therefore has a residual value, making its financing both more attractive and much more cost-effective.

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