CRL 1-hr: 9/26 Introduction to Uptime Elements Reliability Framework and Asset Management System

ST. LOUIS, May 25, 2017 

ESCO Technologies Inc. (NYSE: ESE) today announced that it has acquired the assets of Morgan Schaffer Inc. (Morgan Schaffer) (, a global utility solutions provider. Morgan Schaffer's solutions are sold in over 90 countries to both electrical utilities with generation and transmission assets and original equipment manufacturers of large transmission transformers. ESCO expects to maintain the operations of Morgan Schaffer at its current location in Montreal, Quebec, Canada.

Morgan Schaffer, founded in 1965, designs, develops, manufactures and markets an integrated offering of dissolved gas analysis (DGA), oil testing, and data management solutions which enhance the ability of electric utilities to accurately monitor the health of critical power transformers.

Morgan Schaffer was the first to develop a commercially available DGA service in North America and further developed a leading expertise in DGA monitoring equipment. Today, Morgan Schaffer markets the most reputable offering of premium DGA equipment, and related software and services for monitoring the health of critical oil-filled transformers.

The business, which will join Doble Engineering and NRG Systems as part of ESCO's Utilities Solutions Group (USG) operating segment, has annualized sales of approximately (USD) $25 million. The terms of the transaction were not disclosed.

Bryan Sayler, President of Doble, commented, "The addition of Morgan Schaffer provides ESCO a more comprehensive line of test capabilities that significantly strengthens our group's product, service and software offerings by adding a highly differentiated, market leading DGA solution. Large transformers are critical to the generation, transmission and distribution of electrical power, and Morgan Schaffer's solutions play a vital role in maintaining the health of these important, expensive, and aging assets. DGA solutions are essential in detecting and diagnosing incipient faults in these critical assets to ensure peak power capacity, extend the asset's life, provide condition-based maintenance savings, and avoid catastrophic power grid failure. This acquisition not only fits strategically with Doble but also complements the recent addition of NRG Systems by offering capable solutions supporting renewable energy generation."

Vic Richey, Chairman and Chief Executive Officer, commented, "I'm very excited about our newly expanded product, service and software offerings now available to support our electric utility customers. With Doble, NRG Systems and Morgan Schaffer joining forces, we can now offer a wide range of world-class solutions which, I'm confident will create additional market opportunities to enhance our corporate-wide growth strategies and further our ability to create additional shareholder value. The three companies within our USG segment create a unique and exciting growth opportunity for ESCO as each company leads their respective market with an exceptional brand, reputation, customer service focus, and strong management team."

Upcoming Events

August 8 - August 10, 2023

Maximo World 2023

View all Events
80% of newsletter subscribers report finding something used to improve their jobs on a regular basis.
Subscribers get exclusive content. Just released...MRO Best Practices Special Report - a $399 value!
Reliability Risk Meter

The asset is not concerned with the management decision. The asset responds to physics

Why Reliability Leadership?

If you do not manage reliability culture, it manages you, and you may not even be aware of the extent to which this is happening!

Asset Condition Management versus Asset Health Index

Confusion abounds in language. Have you thought through the constraints of using the language of Asset Health?

Seven Chakras of Asset Management by Terrence O'Hanlon

The seven major asset management chakras run cross-functionally from the specification and design of assets through the asset lifecycle to the decommissioning and disposal of the asset connected through technology

Reliability Leader Fluid Cleanliness Pledge

Fluid Cleanliness is a Reliability Achievement Strategy as well as an asset life extension strategy

MaximoWorld 2022 Conference Austin Texas

Connect with leading maintenance professionals, reliability leaders and asset managers from the world's best-run companies who are driving digital reinvention.

“Steel-ing” Reliability in Alabama

A joint venture between two of the world’s largest steel companies inspired innovative approaches to maintenance reliability that incorporate the tools, technology and techniques of today. This article takes you on their journey.

Three Things You Need to Know About Capital Project Prioritization

“Why do you think these two projects rank so much higher in this method than the first method?” the facilitator asked the director of reliability.

What Is Industrial Maintenance as a Service?

Industrial maintenance as a service (#imaas) transfers the digital and/or manual management of maintenance and industrial operations from machine users to machine manufacturers (OEMs), while improving it considerably.

Three Things You Need to Know About Criticality Analysis

When it comes to criticality analysis, there are three key factors must be emphasized.