TorqTALK

The Importance of Time and Money in Industrial Maintenance

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Faster Tools Produce Bigger Profits

Time is money
“Time is money.” – Benjamin Franklin

This adage couldn’t be truer when applied to industrial maintenance. The longer a system takes to get back online, the more money a company loses.

Think about it.  When you are not producing, you are not making money. The longer maintenance takes, the more money you lose. It is an ugly fact.  However, the faster the tool the faster the job is completed and the faster you get back to producing.

Take for instance a typical ratcheting torque wrench. If you’ve ever dealt with one you know it moves incredibly slow. Many people accept the ratcheting torque wrenches’ painstakingly slow speed as the industry standard. This acceptance is not good for your bottom line.

By replacing a standard ratcheting torque wrench with a better, less time-consuming option, like the 360-degree continuously rotating SpinTORQ Torque Wrench, you speed up your torque job by at least 60 percent and even as much as 80 percent!

Situations Where Time Equals Money 

SpinTORQ with ROVShutdown/Turnaround 

When it comes to a refinery shut down/turnaround, returning to production a day earlier than expected could mean substantial savings.  A time-saving bolting tool like the SpinTORQ Torque Wrench could easily accomplish maintenance a day earlier and make you a hero. Isn’t this worth the cost of ditching your slow tool for one that will make you more money through its speed and innovation? Isn’t it about time you start demanding this type of tool as part of your maintenance?

Subsea 

In challenging subsea environments where faster maintenance improves your profit margin, innovative and fast bolting tools are a necessity.

ROV use and dive time are expensive, by using faster bolting tools, a reduction of even an hour can save between $10,000 and $100,000.. This doesn’t even take into account the fact that less time below water significantly improves safety and reduces associated costs as well.

Let’s look at the benefits of an ROV adaptable SpinTORQ again. In subsea environments, SpinTORQ’s time savings are even more pronounced than above the surface, because it works at the same atmosphere as the ROV and its hydraulic system. The length of hydraulic hoses and the use of intensifiers don’t slow it down, which ultimately means more money in the bank.

ZipTENSIONERAnother subsea bolting tool that is a huge time hog is a standard stud tensioner. Use them in a difficult subsea environment, and they are even more challenging and take even longer to complete your tensioning job. It’s no wonder they are a huge source of stress and wasted time. You don’t need to accept this costly maintenance. There are better and faster tensioners.

Stud tensioners, known as ZipTENSIONERs, are designed to reduce tensioning time by 90 percent.  No, you didn’t just see things. These tensioners can really reduce the time it takes to tension a flange by up to 90 percent! It is not wonder users have saved hundreds of thousands of dollars in just one use.

 ZipTENSIONERs are lightweight and compact and use patented Double ZipNut® Technology to produce the fastest tensioning available. The ZipTENSIONER uses spring-loaded thread segments to allow the tensioner to easily slide on and off protruding stud threads without cross threading and with no worry about rust, corrosion or damaged threads.

These ROV compatible tensioners provide 100-percent same side flange coverage and simultaneously tension on multiple fasteners.  By evenly loading on all fasteners in the joint, ZipTENSIONERs eliminate elastic interactions (cross talk) to provide uniform bolt load and achieve leak-free joints.

The False Logic Behind “The Old Standard” 

So, why do so many people hold on to slow tools? It is hard to tell.

Some people don’t realize better, faster bolting tools exist. Other people trust their old standard to the detriment of their profit margin. Still others are afraid of the costs associated with better tools. While other people may not want to provide faster maintenance because they are paid by the hour.

No matter the reason why someone chooses to use slow tools, they are holding themselves back from truly getting the best bang for their buck. Time and time again, faster tools prove they are worth the cost and hassle of replacing a slow tool – often within one or two uses.

It’s time to stop wasting your precious time and money and look for the best return on your tool investment with faster and more innovative tools.

FASTORQ manufactures the fastest, most innovative and toughest tools in the bolting tool industry. Learn more at www.fastorq.com or contact us to schedule a demonstration or consultation at 281-449-6466 or 1-800-231-1075.

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About the Author:

Lisa Raynor-Keck is the Marketing Communications Specialist at FASTORQ. She earned her degree in journalism from the University of Central Florida and gained her early writing experience at newspapers in Michigan and Tennessee. In addition to her press positions, Lisa's work portfolio includes experience as a freelance writer, political campaign ad designer and public relations professional. She also has experience working as an editor and writer for the technology division at Middle Tennessee State University and an articles editor for the Navy's former online military lifestyle website Lifelines. Lisa is currently studying to earn her M.A. in corporate communication at Austin Peay State University.