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Frame Destination one of well over a few established competitors.New technologies include more efficient computerized frame manufacturing equipment that lowers to cost per unit and improves the resulting quality.Some are much larger and have corporate organizations that have collaborations with the frame manufacturing business unit with which Frame destination competes.Some of the competitors are also manufacturers of mat paper and mat-boards and other frame raw materials such as metal stock and wood stock used in the frame products.New entrants into the field have the benefit of purchasing such equipment at a time when Frame Destination is still having to amortize investments in older technologies.
Frame Destination one of well over a few established competitors. Some are much larger and have corporate organizations that have collaborations with the frame manufacturing business unit with which Frame destination competes. Some of the competitors are also manufacturers of mat paper and mat-boards and other frame raw materials such as metal stock and wood stock used in the frame products. These additional products represent sales that help the competitors to have a lower overall cost of production.
New technologies include more efficient computerized frame manufacturing equipment that lowers to cost per unit and improves the resulting quality.
New entrants into the field have the benefit of purchasing such equipment at a time when Frame Destination is still having to amortize investments in older technologies.
New entrants into the business can focus on sub-segments of the market and produce a limited range of products at a lower cost and this represents a significant threat.
The entire business is based in a single location and a fire or natural disaster such as a tornado would be disaster to the point where the business may be unable to recover.
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