Troy Industrial Solutions, in partnership with ABB, kicked off its SummerTech16 training roadshow with a stop in Shelton, CT. Maintenance best practices. The benefits of variable drives. Pizza. And a little afternoon laser tag.
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Family-owned Troy Industrial Solutions was founded in 1862 in upstate New York. Since then, the company can attest to 150-plus years of maintenance, repair, and operations in the northeast region. The company has constantly expanded, both in area and services, over that century-and-a-half timeline, a progression that continued last week with the acquisition of Lane Conveyors and Drives of Brewer, Maine. In a press release announcing the acquisition, Lane’s Bob Taylor revealed that the move was initiated by Lane as part of its exploration of potential exit strategies.
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Troy Industrial Solutions, headquartered in Watervliet, NY, announced they have signed an agreement to purchase the assets of Lane Conveyors and Drives headquartered in Brewer, Maine. Lane was founded in 1959 as an industrial distributor of supplies and power transmission equipment servicing the paper manufacturing and woodlands industry.
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Did you know that motors used in commercial and industrial facilities consume more than half of the electricity used nationwide? That’s a lot of juice. These days, premium efficiency motors on the market are up to 8% more efficient than standard units-offering substantial energy savings and lower operating costs.
Energy consumption may not have been on the radar of engineers or industrial companies in the past, but new pressures from customers, stakeholders, and environmental legislation puts it at the forefront. With an estimated 65% of global industrial energy used by electrical motors, one of the ways a company can meet these demands is by improving their efficiency. Learn how the installation of variable speed drives can reduce energy consumption, reduce CO2 emissions and increase…
DetailsTroy Industrial Solutions is preparing to pursue new opportunities producing metal prototypes. Two months after investing more than $150,000 to install its first computerized lathe machine, general manager David Barcomb says the investment has positioned the company to pursue new business and diversify the company’s revenue stream. “We’ve seen some immediate paybacks,” Barcomb said. “Production is much faster and more accurate.” Barcomb said the computerized lathe makes Troy Industrial Solutions more competitive in the marketplace. It takes away…
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