Michael’s Corner: Unlocking the Path to Unprecedented Equipment Performance

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Michael's Corner: Unlocking the Path to Unprecedented Equipment Performance


 

22 September 2023 - Toronto - Corporate - News

We are pleased to introduce our special column, “Michael’s Corner”. NTN Technical Service Specialist, Michael Redenius, provides his tech tips, product information, and industry news to help provide solutions to meet your diverse needs. We hope that our readers will enjoy these timely updates on exciting bearing topics.

Unlock the path to unprecedented equipment performance and elevate your daily operations to new horizons.

 

• Maximize Uptime: Through diligent equipment maintenance, you will drastically reduce the chances of unexpected breakdowns. This translates to extended uptime, providing more operational hours for your machinery, fewer expenses on repairs, and a substantial boost in your revenue.

• Optimal Efficiency: Whether it is machinery, hand tools, or industrial equipment, addressing common maintenance issues can significantly increase output, improve performance, and reduce costs. Say goodbye to premature bearing failures and hello to a more efficient, cost-effective operation.

• Strategies for Cost Efficiency: Increased uptime and heightened efficiency result in more productive operational hours. This directly contributes to higher revenue. Simultaneously, the reduction in operating costs, encompassing maintenance, repair, and potential productivity loss, leads to substantial overall expense reductions. These insights promise significant enhancements to your business’s bottom line.

• Extended Equipment Lifespan: Effective maintenance not only enhances equipment performance but also prolongs its operational life. This means you get more value out of your investments.

• Preserving Equipment Value - Refinancing: It is often overlooked, when a business requires financial support, using your equipment as collateral can be a game-changer. The higher the equipment’s value and the more equity you have in it, the more robust your borrowing power becomes. This can help you make essential investments in your business’s growth.

These benefits compound to create a more efficient, cost-effective, and prosperous future for your business. Take the first step toward realizing these advantages through proper maintenance.


About NTN

Founded in 1918, NTN is one of the world's largest producers of premium quality ball and roller bearings, long recognized for the most stringent quality standards in the industry. With plants around the globe and a strong domestic manufacturing network, over 80% of the products sold by NTN in North America are made by one of the ten plants the company operates in Canada and the USA. NTN is also a leading provider of bearing services which include technical support, maintenance and reliability services, engineering consulting and training. NTN's company vision is "to transform into Canada’s leader of the Ultimate Bearing Experience."

NTN Contact

Rita Payne, NTN Marketing: rpayne@ntn.ca