Edy: Tooling molds for a shoe size range costs $30,000 to $40,000
Wayne Edy · inov-8: Wayne Edy · Sep 13, 2021 · at 13:39
inov-8 founder Wayne Edy discusses the upfront capital requirements and tooling costs involved in manufacturing his first production run.
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“So just to give you an idea, the mold costs are about sort of 30 to 40,000 dollars. ... Sorry, that's for a series of the molds, so that's for a size range. So to do one shoe, you've got to invest that sort of money And that's only to make the moles.”
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