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Article: Upgrade your operation through performance contracting. (foundry operation)(includes related article on sand reclamation system)(Management Report)
- Article from:
- Modern Casting
- Article date:
- April 1, 1998
- Author:
CopyrightCOPYRIGHT 1998 American Foundry Society, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Foundries are slowly discovering how performance contracting can help them install cost-saving equipment at little or no expense.
It happens all the time. Because finances are tight, management is leery about investing in newer equipment or technologies. Or maybe a large investment in non-production-related equipment such as a sand reclamation unit is seen as "non-essential." Whatever the reason, the trend is to maintain the status quo. If it's not broken don't fix it, right? Well, according to some foundries and industry suppliers, this mindset could end up as a drain on your balance sheet. In some cases, newer equipment can provide substantial savings - money you ...