Product category:
Robots and robotic systems
News Release from: ABB Robotics | Subject: FlexRent robot system leasing package
Edited by the Manufacturingtalk Editorial
Team on 27 March 2002
Lease a robotic solution from GBP 3.00/h
An innovative flexible finance package for the leasing, installation and service of robot-based automation technology can begin for as little as GBP 3.00/h.
ABB, the global power and automation technology group and leader in robot-based automation, has introduced an innovative flexible finance package for the leasing, installation and service of its robot-based automation technology More and more, manufacturers are seeking ways to improve their cash flow and handle capital equipment off-balance sheet
This article was originally published on Manufacturingtalk on 27 Apr 2004 at 8.00am (UK)
Related stories
Controller directs four-robot coordination
Fifth generation robot controller represents the biggest technological step forward since the introduction of the first generation series in 1974, says robot builder.
Injection moulder installs painting robots
Plastic injection moulding experts Rosti (Scotland), based in Larkhall near Glasgow, installed its first ABB paint robots in 1994 to evaluate their merits against manual spraying.
And this trend is set to continue.
To meet this demand ABB has developed FlexRent to provide access to the most advanced, cost-effective robot technology without tying up capital in hardware.
As the name suggests, FlexRent is truly flexible because it is tailored to each customer's specific requirement.
Further reading
ABB appoints new Scottish Motor Service Partner
ABB has appointed EDC (Electronic Drives and Controls), in Dalry, south of Glasgow, as the new ABB Motor Service Partner for Scotland.
ABB launches energy saving hotline
ABB has launched a dedicated energy hotline, on 0700 226 6722, to support users seeking to improve energy efficiency using motors and drives.
Encompassing everything from planning to financing, training to maintenance, FlexRent is the perfect option for the company that wants to make informed but instant decisions for today's production needs.
FlexRent is also an ideal option for shorter product life cycles which often require a shorter investment horizon.
FlexRent is based on very competitive fixed leasing rates for the duration of the contract period and this allows for clear forward planning.
FlexRent can also be supported with a preventative maintenance agreement or full service contract, as well as training for staff by ABB's skilled personnel.
At the end of the contract period the equipment can purchased, returned or the contract extended.
Early termination of the contract is also possible which allows the option of adjusting production capacity when needed.
ABB has adopted a unique approach to leasing by adopting a 'high residual value' approach and thereby creating a much more competitive offer than those available from the finance houses.
An example of the competitive cost of FlexRent can be seen when combining a ABB FlexArc Compact Arc Welding System (a fully functional, automatic welding cell specifically developed for small and medium sized companies who would weld batches of smaller components) with a FlexRent contract.
Take a typical medium sized metal fabricator working 5 days a week, two shifts per day - it can start in production with a fully automated robotic arcwelding system for as little as GBP 3.00 per hour.
David Marshall, Marketing Manager for ABB's Manufacturing and Consumer Industries Division comments: "I believe that for the majority of UK manufacturers using robot based automation is far more important than owning it - profit comes from its employment not its ownership.
FlexRent offers a complete solution from one company, combining ABB's financial strength with its extensive robotics know how." 2 . Request a free brochure from ABB Robotics ...
(This was Manufacturingtalk's Top Story on 26 March 2002).
• ABB Robotics: contact details and other news
• Email this article to a colleague
• Register for the free Manufacturingtalk email newsletter
• Manufacturingtalk Home Page
Search the Pro-Talk network of sites
