DOE program identifies energy savings potential for industrial plants
Through its Save Energy Now initiative, the U.S. Department of Energy Industrial Technologies Program has helped U.S. manufacturing plants identify potential savings of more than $807 million in energy costs. These three new case histories demonstrate the impact energy savings can have on processes and ultimately the bottom line.
Through its Save Energy Now initiative, the U.S. Department of Energy Industrial Technologies Program has helped U.S. manufacturing plants identify potential savings of more than $807 million in energy costs and 77.1 trillion Btu of natural gas %%MDASSML%% the amount consumed by more than 1 million single-family homes. The goal of Save Energy Now is to drive a 25% reduction in U.S. industrial energy intensity by 2017.
Three new Save Energy Now case studies reveal the specific energy savings recommendations identified by the DOE and how companies are taking steps to reduce their energy use and save money. These three companies are saving a combined total of $1.5 million per year, so far, after implementing some of these measures.
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Annual Salary Survey
In a year when manufacturing continued to lead the economic rebound, it makes sense that plant manager bonuses rebounded. Plant Engineering’s annual Salary Survey shows both wages and bonuses rose in 2012 after a retreat the year before.
Average salary across all job titles for plant floor management rose 3.5% to $95,446, and bonus compensation jumped to $15,162, a 4.2% increase from the 2010 level and double the 2011 total, which showed a sharp drop in bonus.