Chris Baudhuin, Executive Vice President of Thern, said "It's going to last a long time. It's going to be there until the people who are in charge of dropping the ball on New Year's Eve change the ball, come back and say 'hey we need another winch.'"
The winch has been used in the New Year's Eve celebration for the last six years, and is the third winch created by Thern for the ball drop since 1948.
The company says as event organizers continue to increase the size of the ball, larger winches will be needed to accommodate the increased weight.
Thern is also involved with several other large scale projects: It created two large winches on the space shuttle launch pad at Kennedy Space Center and several winches were used in the construction of the Freedom Tower in Lower Manhattan.