atgrof,
I have just realised what sort of machine you are talking about here, WARNING - modifying the controls of a press brake/clutch is not for the faint-hearted or the inexperienced.
You cannot replace the RCLS on a press/brake with an encoder for control purposes, you can add an encoder to give the PLC position information but the control still needs to be on cam switches. If you are going to use an SLC for the direct control you need two, working as a redundant fail-safe pair. AB do special solutions for press controls. Look under "Metalforming" in the AB literature libruary. They only show a mocrologix version now but they did do an SLC press control system. Here is another AB solution attached.
I don't know what the regulations are like in the US but I would get the power press manufacturer in to help with this job.