Boilers: Renovate or replace
This article explores the issues associated with leveraging a necessary O&M expenditure in order to improve efficiency, sustainability, and performance.
As buildings, systems, and
equipment age, facilities engineering groups frequently are faced with the need
to replace equipment that has reached the end of its useful service life. Given
tight operating budgets and constricted timelines, often driven by an imminent
failure, it's common for the engineering group to approach a trusted contractor
to obtain a price to replace current equipment with equivalent capacity. Thus,
projects frequently are handled on a design-build basis using the installing
contractor's engineering expertise, but only to the extent necessary for code
While expedient, this
approach often represents a lost opportunity.
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Annual Salary Survey
Before the calendar turned, 2016 already had the makings of a pivotal year for manufacturing, and for the world.
There were the big events for the year, including the United States as Partner Country at Hannover Messe in April and the 2016 International Manufacturing Technology Show in Chicago in September. There's also the matter of the U.S. presidential elections in November, which promise to shape policy in manufacturing for years to come.
But the year started with global economic turmoil, as a slowdown in Chinese manufacturing triggered a worldwide stock hiccup that sent values plummeting. The continued plunge in world oil prices has resulted in a slowdown in exploration and, by extension, the manufacture of exploration equipment.
Read more: 2015 Salary Survey