Bearing isolator program tries on process plants
Under the terms of a new program, Rock Island, IL-based Inpro/Seal Company will supply interested process plants with up to 1,000 bearing isolators on a trial basis.
Under the terms of a new program, Rock Island, IL-based Inpro/Seal Company will supply interested process plants with up to 1,000 bearing isolators on a trial basis. The bearing isolators will accommodate the retrofit of various pump, motor, fan and other rotating-equipment applications needed to provide bearing protection. The plant will install the bearing isolators and agree to use Inpro/Seal-branded bearing isolators over a pre-determined period of time.
Through the duration of the program, Inpro/Seal will share in one-half of the net savings obtained by converting to bearing isolators. A specific formula, based on historical plant data, will be used to calculate savings over a 36-month period. Production and downtime savings are excluded from the formula. An independent accounting firm will establish the necessary historical benchmarks.
“After spending the last 30 years working with process plants around the world, we know how important it is to stay within budget,” said David C. Orlowski, president and CEO of Inpro/Seal. “To this end, we have developed a program that offers process plants free bearing isolators. With our program, a plant can obtain up to 1,000 bearing isolators with no initial cash outlay and save a lot of money in the process.”
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Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey