Redesign and Optimization of Wellmaster's Press X Press 4" Variant Coupling to Develop and Test a New Press X Press 6" Coupling Product
Redesign and Optimization of Wellmaster's Press X Press 4" Variant Coupling to Develop and Test a New Press X Press 6" Coupling Product
批准号:
560752-2020
负责人:
Sheikhzadeh, Mehdi
金额:
$2.19万
依托单位国家:
加拿大
项目类别:
Applied Research and Development Grants - Level 1
财政年份:
2020
资助国家:
加拿大
项目状态:
已结题
起止时间:
2020-01-01 至 2021-12-31
中文摘要
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英文摘要
Wellmaster is a leading North American manufacturer and wholesaler of products for the groundwater, oil and gas, nursery and greenhouse sectors. Established in 1987, Wellmaster's 60,000 square foot facility is located on nine acres in Tillsonburg, Ontario. Recently, Wellmaster produced a 4" variant of the Press X Press coupling specifically for the Florida market, where it received significant interest from local drillers as a more optimal solution to connect casing rather than just an option to address specific challenges. However, for Wellmaster to expand the product to a larger North American distribution network, they need to design a 6" variant that will meet provincial and state statutory/regulatory requirements, as well as provide superior performance and net costs compared to current market options. Thus, this collaborative project with Lambton College will focus on redesigning and optimizing Wellmaster's Press X Press 4" variant coupling to develop and test a new Press X Press 6" coupling product.
The success of this project will enable Wellmaster to produce and bring to market a new product with a substantial and sustainable competitive advantage over existing options. From 2021 to 2025, it is forecasted that this new product will produce up to 35,000 units for sale in Canada and internationally, as well as provide a total of $2.4 million in additional national and export-related revenue. It is also estimated that this production will lead to the creation of 7-12 full-time positions. The development of this system will provide an option for repairing existing well infrastructure that has been neglected or ignored, as well as providing a better solution for new water wells. In Ontario, a significant portion of the population derives their drinking water from well-based sources. If the infrastructure is not maintained properly, this can lead to water shortages and/or quality issues that can have lethal consequences. Therefore, the Press X Press system will be an elegant and efficient method for repairing and maintaining well systems.
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