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

By partnering with Meadoworks, a global leader in the selling of used plastics machinery, SPI is now able to deliver a single platform where manufacturers can appraise their assets, dismantle and remove obsolete equipment, and even find a new home for used equipment.

“The success of the entire plastics industry depends on the success of today’s manufacturing equipment,” said William R. Carteaux, SPI’s president and CEO. “As companies continues to grow, so too must the technology they use.”

“While participating in this program makes good business sense for today, it also helps ensure our competitiveness in the future,” he explained. Every time a company takes advantage of Capital Asset Management Services, a portion of the transaction goes back to SPI to directly support the association’s work in Washington, DC, as they promote and defend the plastics industry while opening new channels and opportunities for global growth.

Participation in Capital Asset Management Services allows for the ability to buy and sell used equipment through a marketplace that is exclusively dedicated to the plastic processing industry. “The key advantage of this program,” said Brian Walsh, president of Meadoworks, “is that you don’t have to be an expert in asset management to benefit from expert knowledge. From the moment you decide to be a part of the marketplace, everything from valuation to marketing and eventually removal will be taken care of for you.”

The “trade in & trade up” concept is one that has largely eluded plastics processors because of the lack of a centralized marketplace. Capital Asset Management Services fills this void and meet the needs of buyers and sellers around the world while simultaneously supporting the industry’s own sustainability initiatives.

To learn more about Capital Asset Management Services’ solutions and how to sign up, visit,

About SPI

Founded in 1937, SPI: The Plastics Industry Trade Association promotes growth in the $373 billion U.S. plastics industry. Representing nearly 900,000 American workers in the third largest U.S. manufacturing industry, SPI delivers legislative and regulatory advocacy, market research, industry promotion and the fostering of business relationships and zero waste strategies. SPI also owns and produces the international NPE trade show. All profits from NPE are reinvested into SPI’s industry services. Find SPI online at and

About Meadoworks

Meadoworks is a global asset management firm that specializes in serving the plastics industry. We’ve been in business since 1971, and have earned a reputation for both performance and customer service.

As one of the only North American resale firms with expert knowledge of plastics equipment and the plastics industry market, were able to get our manufacturer clients higher returns on their surplus equipment than our generic competitors.  Find Meadoworks online at

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!
Uptime Elements Root Cause Analysis

Root Cause Analysis is a problem solving method. Professionals who are competent in Root Cause Analysis for problem solving are in high demand.

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.