The Equipment Leasing and Finance Association's (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new business volume for February was $7.9 billion, up 4% year-over-year from new business volume in February 2023. Volume was down 15% from $9.3 billion in January. Year-to-date, cumulative new business volume was up 4.9% compared to 2023. Read on for more insights.
In this episode of the Pumps & Systems Podcast, we're welcoming back Cody Kaufmann, Business Development Manager at SEPCO. He's going to tell us all about metal-detectable polymers, their history, how they're being used in the food and beverage industry today and what might be in store for that technology in the future. Watch this episode now.
In the rapidly evolving landscape of industrial maintenance, artificial intelligence (AI) stands out as a beacon of potential. It promises to transform traditional practices into a paradigm of efficiency, reliability and foresight. Is AI the right choice for your operation?
Predictive maintenance has emerged as a significant advancement in maintaining the efficiency and reliability of industrial assets, including pumps. By leveraging advanced data analytics and machine learning techniques, predictive maintenance programs can identify potential issues before they become critical, reducing downtime and maintenance costs. Continue reading for 5 tips for building a successful predictive maintenance program.
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