“How will a Freddy save me money?”
This is a question we are often asked. When buying any capital equipment, you generally want to know the payback period, and whether you can justify the initial outlay.
Generally, an on-site demonstration will show you how a Freddy can save you time and money, and because a Freddy is so easy to use it is well received by operators and managers alike!
However, sometimes you want figures. So our sales partner Oil and Water Management Ltd, working with Cooper & Turner conducted a case study.
Cooper & Turner are one of Europe’s leading manufacturers of bolts, nuts and washers for the Wind, Railway, Tunnelling, Oil & Gas and Structural bolting industries. They use a neat cutting oil blended from solvent refined mineral oil using selected additives.
As you can see from the below graph, the number of barrels of oil required after Cooper & Turner purchased a Freddy vacuum fell dramatically. Over the space of 12 months, they had reduced their usage of cutting oil by 48% – nearly halving the number barrels of oil required.
Based solely on the reduction of barrels, the payback period for the Freddy Midi was just over 11 months. This does not take into account the time saved using the Freddy or the associated health and safety benefits.
If you are interested in how much a Freddy could save you, call us on 01386 561113, or email us at [email protected] to discuss your requirements, or to arrange a free on-site demonstration.
ALL CASE STUDY DATA IS FROM THE PERIOD AUGUST 2015 TO AUGUST 2017. THE CONSUMPTION FIGURES USED DO NOT TAKE INTO ACCOUNT ANY PRODUCTION VARIATIONS. FOR MORE INFORMATION PLEASE CALL US ON 01386 561113.
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