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Industrial and Manufacturing Equipment is often the largest capital expense for a business. Even a small manufacturing plant's few machines can be well over a million dollars. That said, "Time is money," and when machines are not operating, businesses begin losing money immediately. These losses continue to increase until a solution can be reached.

After a manufacturing loss, capacity and lead times are the critical issues facing a business. Does an insured have the capacity on other machines or at other facilities to meet their production goals? If not, can an outside company be located to outsource work to without comprising the insured's clients and production quality?  

When deciding if a machine can be decontaminated, repaired, refurbished or needs replacement, the most important factor is often lead time. A new machine may be desirable, but lead times can often be 90 or 120 days and even longer in cases of highly specialized equipment.

AREPA's engineers have years of experience working with repair and replacement vendors, as well as on specialized industrial and manufacturing machines to assist  the insured with avoiding the costs and learning curve associated with the purchase of new equipment . AREPA experts possess the knowledge necessary to help make the right decisions on the most cost effective and timely method necessary to get the insured back into production. This can involve working on outsourcing, locating riggers, reviewing plans with repair or replacement vendors as well as discussing timelines for possible options. AREPA can then weigh all of these factors to help the insured and the carrier make the best decision for all parties involved.

AREPA has experience in a wide assortment of industrial and manufacturing equipment including:

  • Plastic Injection Molders
  • Presses
  • Lathes
  • CNC Equipment
  • Mills
  • Ventilation/Exhaust Equipment
  • Production Conveyors
  • Pickers/Sorters
  • Robotics
  • Automation Systems
  • Variable Frequency Drives (VFDs)

To speak with an AREPA engineer regarding an industrial or manufacturing related matter, please contact us at +1 224 406 9855.