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Industrial Electric Equipment - Mfg

Industry Code: 33606

Compulsory
Industry Custom Pricing - CR

This industry describes a wide assortment of electrical equipment used in industrial and power plant applications such as transformers, converters, cathodic protection rectifiers (rectifiers challenge natural corrosion that occurs in metals), welding equipment, flare-stack ignitors, etc., using steel fabrication processes.

Operation Details:

The processes can include cutting, welding, bending, and bolting of sheet and tubular steel, to form the shell or housing for various electrical components such as circuits, switches, regulators, amplifiers, magnets, electrodes, controls, wiring/coils, insulation, heat elements, light/lamps/bulbs, diodes, etc. These components may be assembled or attached; typically, manually to the steel housing using hand tools. The finished product is most often used in industrial and power plant applications, where greater electrical currents are required or used than in residential applications.

Shop equipment can include brakes, shears, welders, lathes, punches, drill presses, and even, depending on the size of the electrical industrial equipment being manufactured, overhead cranes.

Underwriting Considerations:

This industry has typical steel fabrication processes in making the shells or housings for the finished product. This industry involves a greater design and technical assembly process than that of industry 30100, Steel Fabrication.

Businesses which manufacture circuit breaker boxes and panels of sheet metal are classified in industry 33602.

Industry Custom Pricing: Waiving Cost Relief Option

This industry has chosen to participate in Industry Custom Pricing effective January 1, 2010. Costs related to the aggravation of a pre-existing condition will not be removed from the experience record of employers classified in this industry. In return, the portion of premiums collected to fund retroactive cost relief has been removed from the industry rate, resulting in a reduction in WCB premium rates for the industry.

Premium Rate History:

Activities:

Cathodic Protection Rectifiers - Mfg
Electrical Equipment, Industrial - Mfg
Industrial Electrical Equipment - Mfg
Triple Phase Converters - Mfg
Rectifiers, Cathodic Protection - Mfg

Rate Group History:

This rate group was established in 1994 in recognition of similar steel fabrication processes.

This industry describes a wide assortment of electrical equipment used in industrial and power plant applications such as transformers, converters, cathodic protection rectifiers (rectifiers challenge natural corrosion that occurs in metals), welding equipment, flare-stack ignitors, etc., using steel fabrication processes.

Premium Rate History:

Activities:

Cathodic Protection Rectifiers - Mfg
Electrical Equipment, Industrial - Mfg
Industrial Electrical Equipment - Mfg
Triple Phase Converters - Mfg
Rectifiers, Cathodic Protection - Mfg

Operation Details:

The processes can include cutting, welding, bending, and bolting of sheet and tubular steel, to form the shell or housing for various electrical components such as circuits, switches, regulators, amplifiers, magnets, electrodes, controls, wiring/coils, insulation, heat elements, light/lamps/bulbs, diodes, etc. These components may be assembled or attached; typically, manually to the steel housing using hand tools. The finished product is most often used in industrial and power plant applications, where greater electrical currents are required or used than in residential applications.

Shop equipment can include brakes, shears, welders, lathes, punches, drill presses, and even, depending on the size of the electrical industrial equipment being manufactured, overhead cranes.

Underwriting Considerations:

This industry has typical steel fabrication processes in making the shells or housings for the finished product. This industry involves a greater design and technical assembly process than that of industry 30100, Steel Fabrication.

Businesses which manufacture circuit breaker boxes and panels of sheet metal are classified in industry 33602.

Industry Custom Pricing: Waiving Cost Relief Option

This industry has chosen to participate in Industry Custom Pricing effective January 1, 2010. Costs related to the aggravation of a pre-existing condition will not be removed from the experience record of employers classified in this industry. In return, the portion of premiums collected to fund retroactive cost relief has been removed from the industry rate, resulting in a reduction in WCB premium rates for the industry.

Rate Group History:

This rate group was established in 1994 in recognition of similar steel fabrication processes.