Survey studies energy saving practices in process industries
ARC study to look at how manufacturers are cutting energy costs
ARC Advisory Group is conducting a survey to identify the best practices in energy management in the process industries. The cost of energy has risen dramatically in recent years, and the effect on operating costs and profits is keenly felt. The object of this research is to learn how the process industries address increasing energy costs, and what is being done in the area of energy management and energy efficiency.
ARC officials said, "We hope to understand how companies are affected by high energy costs, how they are organized to tackle the problem, and what projects or initiatives are underway to improve energy efficiency."
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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