Best Company For Industrial Tools


Posted December 21, 2020 by powermaster

Powermaster (www.powermaster.in) is an Indian company selling industrial tools like Spring balancers, Bolting Tools, and Tube tools. It has a long and chequered history, from humble beginnings in 1972 to the global leader that it is today.

 
16th December 2020, Navi Mumbai: Powermaster (www.powermaster.in) is an Indian company that is a national, if not a global leader, in its main line of products- Spring balancers, Bolting Tools, and Tube tools. It showcases vital industrial tools like stud tensioners and nut splitters.

The story of Powermaster begins in 1972 when it was founded by Sri. S. L. Advani and featured Tube Expanders as its only product. By 1980, the company expanded into the arena of Tube Cleaning equipment for pans and boilers for the sugar industry.

In 1984, when the automotive industry in India began liberalizing, Powermaster sought to broaden its product offerings for catering to fresh opportunities. With a focus on its founding principles of adding value to customers, the company began to design and sell a line of Spring balancers used to suspend loads easily. Such spring balancers found much application in the fast-expanding automotive sector.

In response to demand from the automotive sector, the engineering team of Powermaster developed other relevant products to be used in the automotive industry, such as Multipliers, Torque wrenches, and Impact sockets. This led to the birth of the third and most successful division of the company- the Bolting product line.

In the 1990s, the company endeavoured to fill the gaps in the product line of Tube tools. It established global distribution channels and tried to grow its Tube tool division into the biggest global manufacturer of such tools.
All through this journey, Powermaster kept up its resolve to reduce cost. By its reasonable pricing, the company was able to win the business of growing millions of customers from around the world.

Currently, a majority of Powermaster customers have been buying from the company for over a decade in the role of loyal customers. In 2000, the company began seeking ways to ‘move up the value chain’ as there was a rising risk for old products to be commoditized.

With the rise of the capacity of oil refining in the world, more focus was being placed on ‘energy security’. The time was ripe to focus on the Bolting product line. Products of the company were being used already in power plants, refineries, and other heavy industries in the world. Such industries needed automated and specialized tools for maintenance.

Thus, the product line was expanded to Flange spreaders, Nut cutters, and Bolt Tensioners. The line of Bolt tensioners exhibited remarkable growth that led to sub-products like Tensioners for windmills, Subsea flanges, Turbines, and other specific applications. In 2005, the company added a fresh vertical of bevelling as well as tube and pipe facing machines.

In 2011, the company launched the Hydraulic torque wrench. Currently, some of the most popular services rendered by the company include Bolt/ Stud tensioning as well as Nut Splitting. Stud tensioner and nut splitters are ergonomically designed for efficient and safe use, even in adverse conditions.

ABOUT THE COMPANY: Powermaster (www.powermaster.in) is a Navi Mumbai based company that is an industry leader in producing industrial tools. Its main range of products is - Spring balancers, Bolting Tools, and Tube tools. Currently, its products are sold in 120 countries globally through a network of over 90 plus distributors and agents.
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Powermaster
Phone 02267619100
Business Address A-701-702, T.T.C. Industrial Area, Mahape-Turbhe Road, M.I.D.C., Khairne, Navi Mumbai - 400705, INDIA
Country India
Categories Business , Manufacturing
Tags nut splitters , stud tensioners
Last Updated January 21, 2021