Colson Caster wins incentive for energy efficiency

Published: May 16, 2013 12:00 pm ET
Updated: May 16, 2013 12:01 pm ET

Related to this story

Topics Sustainability, Injection Molding

MONETTE, ARK. — Colson Caster Corp., a manufacturer of caster and wheel products, picked up a cash incentive check from a local utility for installing insulating blankets on its injection molding machines.

The company received a $28,021 incentive check from the Entergy Arkansas Inc.’s Commercial and Industrial Custom Program, according to a news release.

The energy efficiency program provides no-cost facility improvement recommendations and financial incentives based on the total amount of energy the improvements will save.

The insulating blankets will save more than 1,080,000 kilowatt-hours of electricity per year, equal to preventing the annual carbon dioxide emissions from more than 159 cars, according to Environmental Protection Agency calculations. The energy savings from this project are expected to pay for themselves in less than two months, according to the release.

“In addition to the energy savings, the installation of the insulating blankets helped to create a safer work environment for our employees by reducing the surface temperature from 450° to 110°,” said plant engineer Jack Birdno. “This one project also yielded enough incentive monies to allow us to do future upgrades to lighting and our air compressor system, which will greatly reduce our energy footprint at a cost of only 25 percent of the total out of pocket.”


Comments

Colson Caster wins incentive for energy efficiency

Published: May 16, 2013 12:00 pm ET
Updated: May 16, 2013 12:01 pm ET

Post Your Comments


Back to story


More stories

Image

Globalization brings sizable growth, primarily in Asia

November 25, 2014 1:40 pm ET

In 1990, the year after Plastics News published our first issue, there were 33,000 injection molding machines sold worldwide. Fast forward to 2013,...    More

Image

Uni Cap to build cap molding plant in Jordan

November 25, 2014 12:57 pm ET

The Persian Gulf's largest molder of caps and closures is investing $10 million in a new factory near Amman, Jordan, as part of an effort to boost...    More

Image

World Plastics Council takes on sustainbility for its initial priorities

November 25, 2014 9:51 am ET

The recently formed World Plastics Council (WPC) has set marine debris and post-consumer recycling and energy recover as its initial top priorities.    More

Image

Canada's Papp Plastics is eyeing big opportunities with JV in Mexico

November 24, 2014 4:11 pm ET

Canadian injection molder and turnkey solution provider Papp Plastics & Distributing Ltd. will open an $11 million to $12 million joint venture...    More

Image

AMA Plastics adds presses, changes management structure

November 24, 2014 3:57 pm ET

AMA Plastics Inc. has strengthened its management structure, received recognition for entrepreneurship, achieved quality improvements and added three ...    More

Market Reports

Plastics in Brazil - State of the Industry Report

This in-depth report examines the Brazilian plastics industry from a historical and geographical context. Our analysts provide insight on economic trends and forecasts, growing manufacturing sectors that utilize plastics, private investment opportunities, market environment challenges, and innovations in R&D.

Data tables and charts on producer prices, trade, plastics production and end market indicators is also included.

Learn more

Plastics Recycling Trends in North America

This report is a review and analysis of the North American Plastics Recycling Industry, including key trends and statistics based on 2013 performance. We examine market environment factors, regulatory issues, industry challenges, key drivers and emerging trends in post-consumer and post-industrial recycling.

Learn more

Injection Molders Market Report & Ranking 2014

This special package contains our 132-page 2014 Market Report on the Injection Molding segment and our exclusive 2014 RANKINGS database of 500+ Injection Molders for a discounted package price.

Learn more

Upcoming Plastics News Events

January 14, 2015 - January 14, 2015Plastics in Automotive

February 4, 2015 - February 6, 2015Plastics News Executive Forum 2015

June 2, 2015 - June 3, 2015Plastics Financial Summit - Chicago 2015

September 16, 2015 - September 18, 2015Plastics Caps & Closures - September 2015

October 27, 2015 - October 29, 2015Plastics Financial Summit - New York - 2015

More Events