Fort Smith, Arkansas – Baldor Electric Company announced that it is partnering with ENERGY STAR, the U.S. Environmental Protection Agency’s voluntary program that offers businesses and consumers energy efficient solutions to help save money while protecting the environment for future generations. Baldor joins a nationwide effort to eliminate energy waste through the voluntary implementation of improved energy management practices and technologies.
Baldor believes that the efforts it makes to improve energy efficiency benefit the natural environment, help to strengthen its financial bottom line, and improve shareholder value. Baldor has recently completed energy improvements in 13 of its U.S. based manufacturing plants, resulting in nearly $1 million in annual cost savings.
“Since our energy surveys and consumption reduction program began in 2000, we have achieved a total savings of 10 million kilowatt-hours – equivalent to powering 1,300 American homes for a year or planting 1,800 acres of trees! This translates into an air pollution reduction of 13 million pounds of carbon dioxide,” says Ed Ralston, Baldor Director of Audit Services.
John McFarland, Baldor’s President and CEO, says, “Our Company has always been energy conscious because we market, design and manufacture energy efficient motors, and we have been promoting their benefits since early on in our company’s history. This has been enhanced with the addition of adjustable speed drives and generators (for standby power and peak-shaving) to our product line. We also work diligently to control our internal energy consumption. Over the last few years, we have asked our employees to offer suggestions on conserving energy resulting in reduced electricity demand and increases in operating efficiency. Teaming with ENERGY STAR will allow Baldor to network with other U.S. manufacturing companies, share successes, help industry improve energy efficiency, and identify opportunities to reduce our energy requirements even further.”
ENERGY STAR is a voluntary partnership between business, government and others united to protect our environment for future generations by changing to energy-efficient practices today. ENERGY STAR works with more than 7,000 partners to improve the energy efficiency of products, homes, buildings and businesses. Businesses can use ENERGY STAR to improve efficiency, enhance profits and create a competitive advantage. Last year, ENERGY STAR helped businesses and consumers save more than $7 billion in energy costs while reducing global warming emissions equivalent to those from 14 million cars. For more information about ENERGY STAR, visit www.energystar.gov
Baldor Electric Company (NYSE:BEZ), founded in 1920, markets, designs, and manufactures electric motors, drives and generators and is based in Fort Smith, Arkansas. For more information about Baldor and our products, contact us at the address below, or visit our web site at www.baldor.com.
