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What is the difference between a true balancer and a retractor?

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What is the difference between a true balancer and a retractor?

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A true balancer allows the user to move the suspended tool or object up or down with very little effort. A balancer is able to achieve a true balance at any position within the active cable travel. A retractor is designed to retract the cable or tool out of the way of the worker. A light amount of force is needed to keep the object suspended at the desired position.

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