deeco metals & siltin industries inc. tooling charges policy

Payment terms for all tooling and development charges are payable upon order placement. 

Deeco Metals will provide first article samples, as applicable, manufactured to the customer specifications that are issued on or before order placement.   In the event that Deeco cannot manufacture the parts to the required specifications, Deeco may reimburse said customer for an agreed percentage of the tooling charges paid.

It is Deeco’s condition of sales that all dies and tools produced for the manufacture of parts contained herein are the property of the Seller and are not transferable to the Buyer.  Die charges incurred by the Buyer will cover partial die development costs only.  Once the initial charges are remitted, the Buyer will not be subject to additional die charges for repair, maintenance or replacement, as long as the customers’ orders continue to be manufactured by the originally contracted mill.   *If our manufacturing partner (mill) ceases operations or is unable to continue production and a new mill must be employed, partial tooling replacement charges may be incurred.  Deeco Metals will make all attempts to keep these charges to a minimum if this situation arises.
                                                                                                                
All products manufactured from the die(s) are for the exclusive use of the buyer.   Deeco will not sell these parts to anyone else unless the buyer gives written consent.

 



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