Advancement in power electronics over the last few decades has made it possible to utilize a variety of rotating electric machines that would otherwise not be feasible. One such class of machines is called reluctance machines because of the way they produce an electromagnetic torque. A reluctance machine is an electric machine in which torque is produced by the tendency of its movable part to move to a position where the inductance of the excited winding is maximized.

An Association of Certified Fraud Examiners (ACFE) study in 2018 concluded that 30 percent of fraud cases occurred in small businesses, and 60 percent of those did not recover their losses. Those losses were in addition to the regular things that can affect productivity and profits, such as employee morale, brand image, reputation and unforeseen issues like global pandemics. Fraud in small businesses can have a more damaging effect because of smaller scales and profit margins.

Near Miss? Near Hit? Close Call? No one ever wants to hear these phrases. These unplanned incidents have the potential of causing serious damage or injury. A good number of these narrow escapes come from a lack of defining proper processes and procedures. Too many people think “no harm, no foul.” Unfortunately, this does not address the root issue. Someone could have been seriously hurt. Not addressing the underlying problem will undoubtedly allow it to happen again.

Raising capital or selling a business is time consuming and requires significant preparation well before the first potential financing partner or acquirer is contacted. This presentation provides insights on that preparing for that process.

Despite the economic downturn, there is an abundance of private capital and continuing long-term interest from financial and strategic acquirers in quality businesses. As part of this presentation, England & Co. will ask a panel of non-control and control investors and acquirers along with a well-known ESOP attorney to explain key aspects of their particular transaction focus and provide their views on how the current downturn is likely to impact overall levels of transaction activity.

Solid middle-market businesses are vulnerable to revenue surprises and market volatility as the impact of COVID-19 on the economy is currently demonstrating. While the long-term prospects of your business may not be materially impaired by temporary decreases in customer demand, delayed projects or supply chain disruptions, the earnings impact can potentially trigger a default under performance-linked financial covenants with a lender.

Employees need help getting through these uncertain and unprecedented times. While it’s our job to provide guidance and encouragement, who is guiding and encouraging us?

Whether it is a simple re-application of a pump from 50 Hz to 60 Hz (or vice versa), the repurposing of an existing pump, or the application of a new pump to an existing application, determining the proper trim for an impeller can be challenging.

Centrifugal pump failures are most commonly attributed to seal failure, impeller damage and bearing failures. A good understanding of failure modes for seals, impellers and bearings is essential to providing customers with reliable pump repairs.

This highly-rated economist will discuss the leading economic indicators, which continue to be in chaos given the worldwide pandemic. He will recommend the best course of action for the most important part of the economy – you and your business.