UtilX Saves Customers Two Billion Dollars
10 December 2011 - 6:09AM
Business Wire
UtilX® Corporation, the global leader in
life-extension technologies for power cable, is proud to announce
that it has surpassed the two billion dollar mark. Two billion
dollars is the estimated dollar savings UtilX’ customers have
achieved over the past twenty years utilizing UtilX’ patented
CableCURE® silicone injection technology to
restore their aging power cables. UtilX’ customers comprise many of
the best known and largest power companies; three-quarters of the
top 50 power utilities (based on miles of underground cable) in the
United States benefit from this technology.
In the late 1960s, electric utility companies began to bury
their cables. This practice intensified throughout the 70s and 80s.
Many of these cables are nearing the end of their useful life and
are experiencing failures. Customer demand for reliable systems is
higher than ever, requiring significant budgets to address this
increasing problem. At a substantially less cost than traditional
cable replacement, CableCURE injection technology has restored
reliability to more than 100 million feet of cable. This proven
technology allows electric utilities to improve overall cable
reliability at lower cost, and UtilX backs up its service and
technology with a 20-year warranty.
UtilX, a Willbros company (NYSE:WG), offers its proprietary,
patented CableCURE injection service and other reliability and
testing services throughout the United States and serves
international customers through subsidiaries and licensees in
dozens of countries on four continents. For more information on
UtilX Corporation or CableCURE injection technology, please visit:
www.utilx.com or call 1-800-252-0556 in the United States and (+1)
253-395-0200 from outside the U.S.