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Toll processing, also known as toll manufacturing, tolling, toll conversion or custom manufacturing, can be defined as performing a service on a customer's product, for a fee (toll). Toll processing companies provide a processing/manufacturing service for other companies and receive a volume-based fee.
Many companies in industries such as: chemical, minerals, metals, photographic, paper coatings, ink and paint, and cosmetics take advantage of toll processing for a variety of reasons. It can save them capital investment as the toll manufacturer buys the equipment. It uses none of their own floor space, as all the equipment is at the toll manufacturer's site. Quick turnaround and predictable costs are often sited as reasons to go this way too.
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