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expiredbougiee posted Mar 11, 2024 11:16 AM
expiredbougiee posted Mar 11, 2024 11:16 AM

YMMV 55 gallon tote $19.99

$20

$40

50% off
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My local HD (CT) had most of the HDX totes on sale. I bought a 55 gallon for $19.99 - normally $39.99. Other varieties on sale too. In-store only.

https://www.homedepot.com/p/HDX-5.../205597365
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My local HD (CT) had most of the HDX totes on sale. I bought a 55 gallon for $19.99 - normally $39.99. Other varieties on sale too. In-store only.

https://www.homedepot.com/p/HDX-5.../205597365

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Model: 55 Gal. Tough Storage Tote in Black with Yellow Lid

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Mar 13, 2024 12:15 PM
510 Posts
Joined Dec 2015
jacob.b.smithMar 13, 2024 12:15 PM
510 Posts
Quote from TooManyMind :
Economics and inflation.
Weird way to spell "greed"
2
Mar 13, 2024 07:31 PM
1,794 Posts
Joined Dec 2013
beerguy419Mar 13, 2024 07:31 PM
1,794 Posts
Quote from Imbusa :
These are $7.99 in canada.
Well that's super helpful.
Original Poster
Mar 14, 2024 01:32 PM
135 Posts
Joined Oct 2006
bougiee
Original Poster
Mar 14, 2024 01:32 PM
135 Posts
Quote from JenT4685 :
Gonna check them out in the morning. Do you know if they were half off or just a smaller percentage off? Need like half a dozen 27g bins.
Varied by size. The 55g they said list price was $55 and sale price $19.99. I don't remember paying $55 in past though. Most sizes were on sale and pretty substantial discounts versus the list prices they quoted.
Mar 19, 2024 12:52 PM
396 Posts
Joined Feb 2011
PappySlappyMar 19, 2024 12:52 PM
396 Posts
I believe that Sam's has them for under 10 at the moment.
Mar 19, 2024 01:04 PM
39,384 Posts
Joined Nov 2005
Dr. JMar 19, 2024 01:04 PM
39,384 Posts
Quote from morbie :
Can someone explain to me how a piece of plastic can cost $40 msrp?
Quote from TooManyMind :
Economics and inflation.
Quote from jacob.b.smith :
Weird way to spell "greed"

A few things.

First, the actual resin (PE) is on the order of $0.50/lb. I can't find the weight @ HD but the Q&A lead me to believe the 55 gal would be on the order of 15 lb. That's nearly $8 just in raw material.

Then you have to have the operation to make these. These are made in gigantic injection molding presses. Of course they consume a lot of electricity and overhead in handling. Then they need to get to you.

I don't know where these are made specifically, but when everyone is demanding $15/hr just to exist, if your labor increases then guess what, your prices increase too.

So it's a multitude of things, and to top it off, supply and demand.
Mar 19, 2024 05:24 PM
39,384 Posts
Joined Nov 2005
Dr. JMar 19, 2024 05:24 PM
39,384 Posts
Got 3 in store (Westerly RI) they had a bunch clearly marked ~ $20.

These seem to be somewhat inferior to the Costco 27 gal ones despite being very similar in design, but Costco doesn't sell a 55 gal version. I wouldn't have grabbed these if they weren't on sale. These might be suitable for lightweight clothing or etc - I can't imagine filling them with anything appreciably heavy, I don't think the tote would survive and even if it did you wouldn't be able to lift it.
Mar 19, 2024 07:10 PM
1,780 Posts
Joined Jan 2004
morbieMar 19, 2024 07:10 PM
1,780 Posts
Quote from Dr. J :
A few things.

First, the actual resin (PE) is on the order of $0.50/lb. I can't find the weight @ HD but the Q&A lead me to believe the 55 gal would be on the order of 15 lb. That's nearly $8 just in raw material.

Then you have to have the operation to make these. These are made in gigantic injection molding presses. Of course they consume a lot of electricity and overhead in handling. Then they need to get to you.

I don't know where these are made specifically, but when everyone is demanding $15/hr just to exist, if your labor increases then guess what, your prices increase too.

So it's a multitude of things, and to top it off, supply and demand.
I doubt these are made in the US, but I didn't look so I could be wrong.

And $15 per hour 'just to exist' isn't asking for much

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Mar 19, 2024 07:35 PM
39,384 Posts
Joined Nov 2005
Dr. JMar 19, 2024 07:35 PM
39,384 Posts
Quote from morbie :
I doubt these are made in the US, but I didn't look so I could be wrong.

And $15 per hour 'just to exist' isn't asking for much
My point was, labor is a significant cost in manufacturing, and when that arbitrarily increases, that cost has to go somewhere.

I am 99% sure these are made at Centrex in Findlay OH.

https://www.centrexplastics.com/
Mar 19, 2024 11:05 PM
1,780 Posts
Joined Jan 2004
morbieMar 19, 2024 11:05 PM
1,780 Posts
Quote from Dr. J :
My point was, labor is a significant cost in manufacturing, and when that arbitrarily increases, that cost has to go somewhere.

I am 99% sure these are made at Centrex in Findlay OH.

https://www.centrexplastics.com/
I highly doubt that labor is that much of an issue, even if this was produced in Ohio. Even if someone makes $20 per hour and say they can stamp out 3 of these per minute then they are producing 180 per hour. That comes to 11 cents labor cost per unit for the guy manning the machine that makes these
Quote from Dr. J :
My point was, labor is a significant cost in manufacturing, and when that arbitrarily increases, that cost has to go somewhere.

I am 99% sure these are made at Centrex in Findlay OH.

https://www.centrexplastics.com/
Quote from Dr. J :
My point was, labor is a significant cost in manufacturing, and when that arbitrarily increases, that cost has to go somewhere.

I am 99% sure these are made at Centrex in Findlay OH.

https://www.centrexplastics.com/
Mar 19, 2024 11:35 PM
96 Posts
Joined Feb 2018
AmusedNarwhal572Mar 19, 2024 11:35 PM
96 Posts
Check out the reviews on the lids. They break/crack. Happened to me when stacking and under stress.
Mar 20, 2024 12:44 PM
39,384 Posts
Joined Nov 2005
Dr. JMar 20, 2024 12:44 PM
39,384 Posts
Quote from morbie :
I highly doubt that labor is that much of an issue, even if this was produced in Ohio. Even if someone makes $20 per hour and say they can stamp out 3 of these per minute then they are producing 180 per hour. That comes to 11 cents labor cost per unit for the guy manning the machine that makes these
"Guy manning the machine". What about up and downstream material handlers? Maintenance techs? Shipping/receiving? Facility workers? The list goes on and on.

I don't know what the cycle time is on these but the mold has to be gigantic, I doubt it's 20 seconds per tub.

You're trying to argue details and losing sight of the fact that costs have all around increased dramatically. And yes, labor is one of them - and far more than literally the person running any given machine.
Mar 20, 2024 04:47 PM
1,780 Posts
Joined Jan 2004
morbieMar 20, 2024 04:47 PM
1,780 Posts
Quote from Dr. J :
"Guy manning the machine". What about up and downstream material handlers? Maintenance techs? Shipping/receiving? Facility workers? The list goes on and on.

I don't know what the cycle time is on these but the mold has to be gigantic, I doubt it's 20 seconds per tub.

You're trying to argue details and losing sight of the fact that costs have all around increased dramatically. And yes, labor is one of them - and far more than literally the person running any given machine.
"What about up and downstream material handlers? Maintenance techs? Shipping/receiving? Facility workers?"

That is the same with every product in existence that is ever made. I still don't think those costs justify the original MSRP on this product is all
Pro
Mar 20, 2024 04:51 PM
1,403 Posts
Joined Aug 2007
jc4jax
Pro
Mar 20, 2024 04:51 PM
1,403 Posts
unless you need one large size, the smaller 27gal at Sam's Club or Costco go on sale for under $9 couple times a year
Mar 20, 2024 10:01 PM
6 Posts
Joined Apr 2018
Q45Mar 20, 2024 10:01 PM
6 Posts
In store only in Elk Grove CA. Other sizes on sale too

https://www.homedepot.com/p/HDX-5.../205597365

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Mar 20, 2024 10:19 PM
1,123 Posts
Joined Oct 2006
raizMar 20, 2024 10:19 PM
1,123 Posts
Quote from jacob.b.smith :
Weird way to spell "greed"
Over the last 3 Presidents' terms, the US has printed ten of trillions of dollars. The inflated amount of currency in the system eventually HAS to lead to increases in prices on everything. Sure, companies are greedy for profits, but they are not the cause of inflation despite whatever the talking head on the news told you.
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