Archive | August, 2008

49
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August 1, 2008
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Efficiency & Reliability: Real Cost-Saving Strategies

Tim Owens, CMRP, President and CEO, PdMA Corporation Almost every industry in America today is experiencing higher costs—energy, raw materials, labor, health care, shipping— you name it. In previous years, industry typically could pass these costs on to consumers, but that’s just not the case today. In addition to being concerned about the housing crisis, […]

51
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August 1, 2008
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Industry Outlook: Going Forward, It’s All About Energy

David C. Orlowski, Founder & CEO, Inpro/Seal Company The lead items coming out of almost all mainstream news outlets these days seem to focus on the price of gasoline hovering in the $4.00-per-gallon range. It’s not as though the regular drivers among us need to be reminded of that depressing fact of life. The news […]

57
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August 1, 2008
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Industry Outlook: Controlling Your Rising Energy Costs

John A. McFarland, Chairman & CEO, Baldor Electric Company As I write this article in early July, I’ve just been notified that one of our principal electricity providers will be increasing its price by 25%. If you haven’t looked at your electricity bill lately and compared it to the price you were paying a year […]

63
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August 1, 2008
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Industry Outlook: Taking The Lead To Address Water Issues

Gretchen McClain, President, ITT Fluid Technology, Senior Vice President, ITT Corporation Our mission at ITT Fluid Technology is to provide safe water and sanitation for everyone—globally. That’s both our goal and our passion. At ITT, we take great pride in our role as a thought leader in the water industry. For more than 30 years, […]

61
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August 1, 2008
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Industry Outlook: Education: It's Our True Long-Term Crisis

Marc Marini, General Manager, IOtech The exploding commodities market—led by oil—is surely a leading candidate for the crisis of the year. As a country, we will weather this storm. While it won’t be easy, conservation of resources from existing sources and investment in the expansion of others will see us through. Conservation can come in […]

67
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August 1, 2008
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Industry Outlook: Proactive Maintenance Helps Reduce Energy Costs

Barbara Hulit, President, Fluke Corporation In the midst of all the talk about being green and environmental impacts of industrial operations, one fact seems to get lost—reducing energy consumption saves you money. That fact translates to a lot of other benefits, including competitive advantage, reduced MRO over time, increased ability to plan maintenance expenditures and, […]

101
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August 1, 2008
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Industry Outlook: CAPEX/OPEX Evolution Across The Process Industry

Patrick Holcomb, Executive Vice President, Process, Power & Marine, Intergraph Corporation Tremendous process capacity is coming online in the next five years in the oil, gas and petrochemical segments. Capital spending on these facilities has been ramping up from $100 billion a year in 2003 to well over $200 billion per year in 2008. Owners […]

37
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August 1, 2008
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Industry Outlook: Delivering More Than Just Great Product

Luis Guimarães, General Manager, Americas, Shell Lubricants Sharp increases in demand and price for crude oil have resulted in higher costs of materials, energy and other maintenance, repair and operations supplies. Amidst these challenges lie opportunities, even in bear economies—tough times often force companies to think more critically about products and solutions. A recent Kline […]

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