First Prize: $1000.00
Second Prize: $500.00
Third Prize $300.00
Step 1: The Basics:
Utilize Stainless Steel Coil Scrap and/or Excess Inventory and Win
Gibbs is looking for a creative use of our scrap and excess inventory created from our slitting process. Slitting is a metal cutting process (see images below for a visual explanation) that ‘slices’ narrower coils from a wider coil. The coil cutting process requires us to take an outer edge cut or a “side-cut” that frequently becomes scrap. In addition, the coil cutting process can produce shavings, which also become scrap. The ‘middle material’, or prime coil material, is utilized for many applications but, we may have overages of excess of prime coil inventory on our shelves, that goes unused. Rather than scrap the side-cuts, shavings, and prime excess inventory, we’d like you to suggest a use, re-use, re-purpose, creation, service, or invention! You may suggest an idea from one or all of the forms of excess material we have! We want your ideas and we’re giving away $1000.00, $500.00, and $300.00 for the top three ideas!
A: We Begin Our Standard Processing With A Large Roll / Coil of Stainless:
B) We Cut (Slice/Slit) It Into Smaller Rolls or Coils
C) As We Process Coils (Shown Above in “B”) We Create Side-Cuts, Shavings, and/or Excess Inventory Shown in the Images Below. The Materials May be Shavings the Thickness of a Human Hair, Various Widths and Thicknesses of Coil/Foil Tossed in a Scrap Bin, or ‘Pancake” Coils Stacked Neatly on Pallets.
Step 2: Develop, Design, Document, and Submit Your Idea:
Here’s More Information on the Challenge:
Pictured below are examples of the variety of the scrap and and excess inventory created by the slitting process as seen above in Step 1. The widths and alloys vary but, are all within the stainless steel family of materials. Most alloys are 300, 400, or 17-7 PH series. They may be magnetic or non-magnetic alloys. The material varies in size from the width of a human hair to a few inches wide. Thickness ranges are typically.005″ to .025″. The scrap material is stored in large bins. It’s tangled, knarled, and the sizes are mixed. Some of the material is shavings of very fine, curly, edges. A large portion of the material is excess prime inventory that is stacked neatly on pallets in ribbon-wound coil of various sizes and thicknesses. Your idea can utilize one of these forms or all! Steel wool has been considered and will not be eligible idea for this contest.
Now you see the challenge! We’re betting that you have the ingenuity to turn scrap and/or excess inventory into a great idea, worth up to $1000.00
You are encouraged to give us as much information and detail as you can on the product, service, or idea, you submit. Once you’ve developed your idea, be sure to document it with as much detail as you can and submit via our Contact Form. Additional information such as, markets your product or idea serves, assists the panel of judges in determining the viability of your idea. We accept a variety of file formats noted in our Contest Rules.
All Submissions, Emailed or Via Post, Must Be Received No Later Than 5 p.m. March 1, 2018. Email Us Your Idea Above or Mail Your Submission to Us Here:
Gibbs Metals Contest
Southington, CT 06489
Step 3: The Fine Print
A panel of judges will be selected at the sole discretion Gibbs and winners are chosen at the discretion of the judges.
Contest begins on December 1, 2017 at 8:00am EST and ends at 5:00pm EST on March 1, 2018. Only three Entries per person allowed. NO PURCHASE NECESSARY TO ENTER OR WIN. PURCHASE DOES NOT INCREASE YOUR CHANCES OF WINNING. VOID WHERE PROHIBITED BY LAW. Open to legal residents of the 50 United States, D.C., Mexico, and Canada (excluding Quebec) who have reached the age of majority. Grand Prize consists of a $1000 USD award for to the best idea, $500 USD for Second Place, and $300 USD for Third Place. Odds of winning depend on the number and caliber of entries received; winning Entries will be chosen according to judging criteria. ARV of Prizes is $1800 USD. Winners are responsible for all taxes associated with the prize. Subject to full Official Rules and Exclusions at CONTEST RULES
Sponsor: Gibbs Wire & Steel Co., Inc. Void in Quebec and where prohibited by law.