Why Did Acrylic Tank Manufacturing Close?

Why Did Acrylic Tank Manufacturing Close

Acrylic Tank Manufacturing, a company that specialized in custom acrylic fish tanks and aquatic displays for residential and commercial customers, recently closed its doors after more than 20 years of business.

The closure came as a surprise to many in the industry who had grown accustomed to seeing ATM’s signature products at pet stores around the world.

So why did acrylic tank manufacturing close? Let’s take a look at what happened.

Why Did Acrylic Tank Manufacturing Closed

Acrylic Tank Manufacturing was forced to close its doors due to multiple factors, including the high operating costs associated with producing custom acrylic fish tanks and displays, the rise of cheaper and more efficient methods of production, and increased competition from manufacturers located in other countries.

Reasons Why Acrylic Tank Manufacturing Closed

Now, let’s take a closer look at the reasons why Acrylic Tank Manufacturing had to close.

1. High Operating Costs

Acrylic Tank Manufacturing had to close because it cost too much money to make the fish tanks.

It was also hard to keep up with new technology that made things cheaper and made it easier for other companies in other countries to do the same thing.

The costs for making the tanks kept increasing, and the company could not afford to keep up.

2. Cheaper and More Efficient Methods of Production

As technology has advanced, more efficient methods of production have become available that are much cheaper than the traditional ways Acrylic Tank Manufacturing had been using for decades.

This allowed other companies to produce their own custom acrylic fish tanks at a much lower cost.

Technologies such as 3D printing, laser cutting, and CNC machining made it easier to produce custom products at a fraction of the cost.

3. Increased Competition

The rise of cheaper and more efficient methods of production also led to increased competition from manufacturers located in other countries.

Companies that were able to produce custom tanks at a much lower cost than Acrylic Tank Manufacturing were able to quickly overtake them in the market.

This made it hard for ATM to compete and eventually forced them to close their doors.

Fair competition has always been a drive in different industries, but in this case, the playing field was not level.

4. Not Profitable Enough

Despite their high-quality products, Acrylic Tank Manufacturing was not able to make enough profit due to the competition and the high operating costs.

The company was unable to bring in enough revenue to cover the cost of production and eventually had to close its doors.

The price of acrylic sheets has been rising in recent years, and this has also impacted ATM’s ability to remain profitable. Next, poor quality products.

5. Poor Quality Products

Acrylic Tank Manufacturing had a reputation for making high-quality custom acrylic fish tanks, but in recent years they have been struggling with quality.

The company had difficulty meeting customer expectations and providing consistent results across their product line, which has resulted in a decrease in sales.

According to Orlando Sentinel, Acrylic Tank Manufacturing was recently slapped with a lawsuit from Oliver Dawoud, who had reportedly ordered an acrylic tank online, only to find that it leaked due to a “manufacturing defect.”

Such incidents cast doubt on the company’s ability to provide quality products. And when a company’s reputation is damaged, it can be hard to recover from.

6. Poor Management Skills

Unfortunately, Acrylic Tank Manufacturing was not able to keep up with the changing market and new technology due to poor management.

The company was not able to adapt quickly enough and make the necessary changes to remain competitive.

According to a former employee, “We were behind the eight ball when it came to technology and new methods of production.

We just weren’t able to keep up. And by the time we realized it, it was too late.”

Poor management is often a death knell for businesses, and Acrylic Tank Manufacturing may have been no exception. Also, the company did not have a good reputation with customers.

7. Poor Reputation with Customers

Acrylic Tank Manufacturing had a reputation for poor customer service, which likely contributed to its downfall.

Many customers felt that the company was unresponsive and had a lack of knowledge about their products.

This led to customers avoiding ATM, which hurt the company’s bottom line. In addition, some customers were unsatisfied with the quality of the tanks they received.

This caused many to look elsewhere for custom acrylic tanks, which further damaged ATM’s reputation. Next, lack of marketing.

8. Lack of Marketing

Acrylic Tank Manufacturing failed to effectively market its products and services, which limited its potential customer base.

The company did not have an online presence, and its marketing efforts were mostly limited to print advertising.

This meant that people outside of the local area were unlikely to hear about ATM’s services, which limited its potential customer base.

As a result, the company was unable to reach out to new customers and increase its sales. Finally, the increasing cost of acrylic sheets.

9. Increasing Cost of Acrylic Sheets

Acrylic sheets are essential for producing custom acrylic fish tanks, and the cost of these sheets has been steadily increasing.

This increase in cost cut into Acrylic Tank Manufacturing’s profits, making it even more difficult to make a profit.

ATM was unable to keep up with the rising costs and had to raise its prices, which resulted in customers looking elsewhere for cheaper alternatives.

This made it more difficult for ATM to remain competitive and profitable. All of these factors combined to create an environment in which Acrylic Tank Manufacturing was unable to survive.

The Impact of the Closure of Acrylic Tank Manufacturing

The closure of Acrylic Tank Manufacturing has had a significant impact on the industry. The company was a major supplier of custom acrylic fish tanks, and its closure has left a void in the market.

This means that customers now have fewer options for custom tanks, and those that are available may be of lower quality or more expensive.

In addition, the closure has resulted in a decrease in jobs for workers in the area. This is especially concerning as the company was a major employer in the region.

Finally, ATM’s closure has made it harder for local businesses to compete with larger companies that have access to cheaper materials and more advanced technology.

What Are Some Alternatives to Acrylic Tanks?

Although Acrylic Tank Manufacturing is no longer in business, there are still options for customers looking for custom acrylic fish tanks. Here are some viable alternatives:

Glass Fish Tanks

Glass has become a popular alternative to Acrylic Fish Tanks in recent years due to its clarity, scratch resistance and overall cost benefits.

Glass offers excellent, unobstructed views of all fish swimming inside the tank while being made entirely of non-toxic material.

Glass also possesses better scratch resistance than Acrylic tanks, ensuring that fish remain contained within their habitat without any potential risk of damage or escape.

Glass Fish Tanks are also appealing due to the great range of size options available – from small tanks for individual or breeding purposes to larger custom-constructed setups.

The cost of Glass Fish Tanks can often be lower than their Acrylic Tank counterparts as well; this makes Glass an ideal budget-friendly option for any aquarium enthusiast.

Silicone Fish Tanks

Silicone fish tanks can offer a more flexible and customizable option for customers looking for custom acrylic fish tanks.

Silicone can be molded into any shape and size, allowing for unique designs that are not available with Acrylic or Glass Fish Tanks.

In addition, silicone tanks are extremely durable and impact resistant; this makes them ideal for households with pets or small children.

Finally, Silicone is a non-toxic material which makes it safe for use in fish tanks.

The cost of Silicone Fish Tanks can be slightly more expensive than Acrylic or Glass, but they provide a unique and durable alternative to consider.

Ceramic Aquariums

Ceramic Aquariums are another viable alternative to Acrylic Fish Tanks. Ceramic is a non-toxic material that offers excellent durability and scratch resistance, making it a safe choice for housing fish.

Ceramic Aquariums can also be molded into almost any desired shape or size and offer an aesthetically pleasing look to any aquarium setup.

The cost of ceramic aquariums can be more expensive than Acrylic or Glass Tanks, but they provide a unique and visually appealing alternative to consider.

The History of Acrylic Tank Manufacturing

Acrylic Tank Manufacturing (ATM) was an American company founded in 1967 by Wayde King and Brett Raymer.

The company specialized in the custom manufacturing of acrylic fish tanks and quickly grew to become a leader in the field.

ATM offered customers a wide variety of sizes, shapes, and designs for their tanks, making them a popular choice for aquarium enthusiasts around the country.

The pair made their millions in the fish tank business by selling aquariums to celebrities and even appeared on the hit show “Tanked”.

The television show airs on Animal Planet and showcases Brett and Wayde’s fish tank-building business.

Unfortunately, in 2020 Acrylic Tank Manufacturing ceased operations due to the high costs of production.

This is a great loss for aquarium enthusiasts who were looking for custom acrylic fish tanks, as there are few alternatives that can match the quality and design of ATM’s products.

The closure of Acrylic Tank Manufacturing has also had a negative economic impact on the local economy, as the company was a major employer in the area.

Acrylic Tank Manufacturing New Location

Unfortunately, Acrylic Tank Manufacturing has ceased operations in its original location.

There is no new location for the company, and they will no longer be producing custom acrylic fish tanks.

Although their website is still active, all sales have been temporarily suspended until further notice.

However, there is still hope for those looking for exceptional quality and design in an acrylic fish tank.

Aquariums Direct offers custom-manufactured acrylic tanks made with premium clarity cell-cast acrylic, and they also offer a variety of sizes, shapes, and styles for any aquarium enthusiast.

Related Read: How To Paint Over Acrylic Paint

FAQs

When did Acrylic Tank Manufacturing go out of business?

Acrylic Tank Manufacturing went out of business in 2020 due to the high costs of production.

What is Brett Raymer doing now?

has gone from filters to pizza dough, from fins to Godfather heroes, from extravagant aquaria to his own pizza shop! Brett Raymer is the owner of a pizzeria and an Italian eatery called PizzaCraft in Las Vegas.

What Happened to Wayde King and the Wife?

Heather King filed for divorce in October 2019. Wayde and Heather King are no longer married. Wayde is currently living in Florida with his two children, while Heather is living in Las Vegas with their daughter. They remain close friends and business partners, collaborating on many of the projects that ATM is involved in.

So, Why Did Acrylic Tank Manufacturing Close?

Acrylic Tank Manufacturing was a pioneer in the industry of custom acrylic fish tanks, but the high costs of production and competition from other manufacturers forced the company to cease operations.

Although there is no new location for ATM, aquarium enthusiasts can still find top-quality acrylic tanks with Aquariums Direct.

The closure of Acrylic Tank Manufacturing has had an unfortunate economic impact on the local economy, but aquarium enthusiasts can rest assured that there are still options available for quality acrylic fish tanks.

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