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Regina, Saskatchewan, October 2, 2018 – Farm Credit Canada (FCC) is offering support for hog-producing customers facing financial hardship as a result of international trade disputes.

Hog prices in Canada have declined by 30 per cent over the last several weeks due to a rising supply of pork in the U.S. and tariffs on U.S. pork exports applied by large pork importing countries. The subsequent collapse in U.S. hog prices has also brought down prices in Canada to a level where many operations are no longer profitable.

“The impact on the market happened so fast that many producers didn’t have an opportunity to forward contract or lock in at profitable prices,” said Michael Hoffort, FCC president and CEO. “Customers who are hog producers might not have the financial flexibility and may need some cash-flow relief to make it through the current price squeeze.”

“We want our customers to know we will work with them to find solutions to assist them through this unexpected price disruption,” he said.

FCC will work with customers to come up with solutions for their operation and will consider deferral of principal payments and/or other loan payment schedule amendments to reduce the financial pressure on producers impacted by the price drop.

"We understand that commodity price disruptions can have a significant impact on farmers and I am pleased FCC is standing behind its customers during this stressful time," said Lawrence MacAulay, Minister of Agriculture and Agri-Food Canada.

“Canada has a great reputation as a consistent producer of safe, high-quality commodities to feed a growing world,” MacAulay said. “Our government continues to support Canadian agriculture through investments in research and innovation – investments that will help put Canada within reach of its $75 billion target in agriculture and agri-food exports annually by 2025.”


FCC offers flexibility to all customers through challenging business cycles and unpredictable circumstances on a case-by-case basis.


Customers who are hog producers are encouraged to contact their FCC relationship manager or the FCC Customer Service Centre at 1-888-332-3301 to discuss their individual situation and options.


FCC is Canada’s leading agriculture lender, with a healthy loan portfolio of more than $33 billion. Our employees are dedicated to the future of Canadian agriculture and its role in feeding an ever-growing world. We provide flexible, competitively priced financing, management software, information and knowledge specifically designed for the agriculture and agri-food industry. As a self-sustaining Crown corporation, our profits are reinvested back into the agriculture and food industry we serve and the communities where our customers and employees live and work while providing an appropriate return to our shareholder. Visit fcc.ca or follow us on Facebook, LinkedIn, and on Twitter @FCCagriculture.

 
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September 26, 2018

Fairfield, OH –The MagnaShear™ motor brake from Force Control Industries employs oil shear technology, providing longer service life even in demanding applications like the frequent start/stop cycles seen on conveyors, or for critical holding applications like bulk conveyor loads.  Proven oil shear technology transmits torque between lubricated surfaces – thereby eliminating wear on friction surfaces.  A patented fluid recirculation system dissipates heat – eliminating heat build-up which is the most common problem in dry braking systems.  Elimination of the wear significantly increases service life and virtually eliminates adjustment which also elongates maintenance intervals, making this technology ideal for loader/unloader conveyors, rail car spotters and dumpers, ship and rail car loading conveyors, trippers and pallet return conveyors, as well as cranes, hoists, lifts and more.

A manufacturer with MagnaShear brakes stopping their overhead cranes and hoists reported significant reductions in preventative maintenance (more than 2 hours per week) and elimination of $8,000 annually in service-parts expenditures for repairs and maintenance.

The oil shear technology also provides a smooth “cushioned” stop which reduces shock to the drive system, further extending service life of downstream components. 

The totally enclosed MagnaShear™ brakes are impervious to moisture, dirt and dust that is common in concrete block plants as well as asphalt shingle manufacturing, coal, bulk materials handling, forest products manufacturing, and more.

How Oil Shear Works

Unlike dry brakes, oil shear technology includes a layer of automatic transmission fluid between the brake disc and the drive plate.  As the fluid is compressed, the fluid molecules shear – thus imparting torque to the other side, causing the rotating surface to decelerate to a stop. Since most of the work is done by the fluid particles in shear, wear is virtually eliminated.  Elimination of wear also eliminates the need for adjustments which are common for dry braking systems.

In addition to transmitting torque, a patented fluid recirculation system helps to dissipate heat which is the major problem with traditional dry brakes. 

Along with heat removal and torque transmission, the fluid serves to continually lubricate all components of the oil shear brake, elongating their service life. 

MagnaShear™ brakes with oil shear technology provide significantly longer service life, characterized by virtually maintenance-free operations. 

Suitable for a Wide Range of Motor Sizes

These proven motor brakes are available to accommodate a wide range of applications.   Spring set torque ratings from 3 to 1250 foot-pounds are available.  MagnaShear™ motor brakes can be sized to the correct torque independent of the motor frame size or horsepower.

MagnaShear™ motor brakes feature “quick mount” features for quick and easy mounting to drive motors in NEMA frame sizes 56 to 449.  They are shipped ready to install, with no assembly or adjustments required.  They are also available pre-mounted on a motor for severe duty applications.  MagnaShear™ motor brakes can be furnished to fit a NEMA or IEC frame motor, as a complete motor and brake assembly, or to mount on a machine frame or other special mounting configuration. 

These proven motor brakes are totally enclosed from outside contaminants, with seal integrity for harsh and washdown environments.  A modular design /assembly allows for ease of servicing and maintenance. 

Headquartered in Fairfield, Ohio, Force Control Industries is the world leader in oil shear technology, offering a full line of clutches, brakes, and clutch brakes for OEMs in diverse applications.   Their manufacturing campus includes three manufacturing facilities with over 100,000 square feet of manufacturing space along with engineering, design, customer support and administrative offices.  All facilities are ISO9001/2000 certified for quality assurance.  For additional information contact Force Control Industries, Inc., 3660 Dixie Highway, Fairfield, OH  45014, or visit www.forcecontrol.com, e-mail This email address is being protected from spambots. You need JavaScript enabled to view it., or call (513) 868-0900.

 
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Florence, Kentucky (Sept. 21, 2018): The newest flow switches from Balluff alert users to potential failures due to a reduction in necessary fluid flow.

The recently released BFF series of flow sensors, which are available in both thread-in and inline versions, provide a switching output that is activated when the flow falls below a user-defined rate. This makes it possible to notify users of system problems such as the failure of a pumping system, a clogged filter or leaks before they cause critical issues or system shutdowns.

The completely solid-state calorimetric sensing technology measures temperature differential on each side of the sensing probe and has no moving parts.  So, unlike mechanical flow switches, they are resistant failures caused by dirt or foreign object buildup. The BFF series of flow sensors complement Balluff’s existing line of temperature sensors and are an addition to our line of process-oriented sensor product.


 

Features:

•           Continual flow monitoring
•           Calorimetric sensing principle with no moving parts
•           Threaded-in and in-line versions available
•           Visual display of flow with integrated LED's

 

For more information, visit www.balluff.com.

 

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