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

Latvian plastics recycler Nordic Plast boosts capacity

September 16, 2014 10:15 am ET

Latvian plastics waste recycler Nordic Plast Ltd. has invested more than 2.5 million euros ($3.2 million) to expand capacity and modernize production ...    More

Image

BASF analyzes products based on sustainability potential

September 15, 2014 11:48 am ET

Chemicals giant BASF SE has created a new process for managing its product portfolio based on sustainability criteria.    More

Hungarian recycler launches new unit

September 15, 2014 10:59 am ET

Hungarian plastics recycler Polyter-Mix kft has launched a new 1,400-square-meter production hall at a site in Körösladány in southeastern Hungary.    More

Image

Parx launches production of Saniconcentrates antibacterial polymers

September 12, 2014 11:11 am ET

Parx Plastics has achieved commercial production of its Saniconcentrates-brand line of antibacterial polymers.    More

Image

DS Smith adds to footprint with Croatian injection molding acquisition

September 10, 2014 2:05 pm ET

DS Smith plc, the London-headquartered packaging giant, has announced the acquisition of Kaplast dd, a Croatian injection molding company.    More

Market Reports

Shale Gas Market - Analysis of North American Region

This report highlights the impact of shale-based natural gas on the North American plastics market and features an in-depth analysis of production trends in the United States during 2013 and a forecast for 2014 and beyond.

Learn more

Thermoformed Packaging 2014 Market Review & Outlook – North America

This in-depth report analyzes economic and market trends, legislative/regulatory activity impacting supply and demand, business opportunities and threats, materials pricing, manufacturing technology, as well as growth strategies being implemented by thermoformed packaging companies.

Learn more

Pipe, Profile & Tubing Extrusion in North America 2014

U.S. demand for extruded plastics is expected to grow by 3 percent in 2014, with PVC remaining the largest segment.

Plastic pipe will post the strongest gains through 2018, continuing to take market share from competing materials in a range of markets.

Our latest market report provides in-depth analysis of current trends and their financial impact on the pipe, profile and tubing extrusion industry in North America.

Learn more

Upcoming Plastics News Events

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

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

More Events