Southeastern Manufacturer Uses MTI Systems' Costimator® for 28th Year

Goldens’ Foundry and Machine Co. successfully uses MTI Systems’ cost estimating software since 1986

WEST SPRINGFIELD MA – MTI Systems announced today that Goldens’ Foundry Machine Company has been using Costimator® cost estimating software for 28 years and has since reduced their estimating and quoting time by 50%.

“It’s no surprise,” says Dave LaJoie, VP of product development, MTI Systems, “with Goldens’ century-long commitment to successful manufacturing, that they are still using Costimator since implementing it in 1986.”

Manufacturers worldwide, both suppliers and OEMs (original equipment manufacturers), select Costimator to help them with their estimating and part quoting challenges. The estimating software offers a wide range of options for both the buyer (OEM) and the seller (supplier); among the variety of available benefits, it helps estimators identify shorter manufacturing times and find new ways to manufacture processes, parts, and the finished products at lower costs.

“One way the Costimator® cost estimating and quoting software helps us reduce our estimating time is in helping us quickly find and retrieve past or previously estimated quotes,” as pointed out by Phillip at Goldens’ Foundry. “The estimating software includes an advanced search feature that enables our team to be extremely selective about information that relates to the details in our part estimates. This feature not only saves us time, but increases our consistency and accuracy as we use quotes that have already been estimated.”

Additionally, he noted that the cost estimating software was also easy to learn and use. “With Costimator, it’s easy and effective,” reveals Powell. “We use it for parametric estimating where just filling in a few parameters gets us a manufacturing time. Also, it’s very effective when estimating and quoting parts that don't have computer generated models”.

Read complete case study: Southeastern Manufacturer Uses MTI Systems’ Costimator® for 28th year.

Costimator® cost estimating and quoting software began development in 1982. Originally designed for suppliers, it reduces estimating time while not compromising accuracy or consistency for manufacturers who do machining, fabrication and mechanical assembly. The cost estimating software system calculates cycle times and the cost of manufacturing a part or assembly based on the capabilities of the suppliers’ equipment and their shop rates.

Goldens’ Foundry Machine Company:

Established in 1882, Goldens’ Foundry and Machine Company is a value-added manufacturer of cast, machined, and assembled gray and ductile iron components for the capital and durable goods industries.

MTI Systems, Inc:

MTI Systems provides cost estimating software and estimating services to manufacturers worldwide, serving both suppliers and OEMs. Since 1982, Costimator has been implemented at over 1,500 companies with over 12,000-trained users. For more details, or to register for a free demonstration, contact MTI Systems, West Springfield, Massachusetts, 800-644-4318/ 413-733-1972 or visit

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