Manufacturing operations are faced with many challenges in today’s marketplace. Plants must stay competitive to keep the doors open; sell what is manufactured at a cost higher than what it costs to produce. Global competition says they must be lean and efficient. Production costs can include such items as raw materials, labor, plant and equipment, maintenance, utilities, warehouse and shipping to name a few. Reducing the cost of any of these items can add to the companies’ profitability and increase shareholder value. Managerial performance is recognized when production costs are reduced and profits increase. Operating an efficient plant can improve […]
The key to maximizing profits for your operation is to reduce expenses. There are many ways this can be done, but one of the best and most predictable ways is to lower your production costs by improving the energy efficiency of your operation. Production costs are part of doing business and whether you grow row crops or raise livestock, production costs are always there. So anytime costs can lower, the savings go directly to the bottom line. Read on to learn more about four ways to save energy on your farm as well as how you can get funding to […]
For many of us buying the right lighting product for the application can be a daunting task. With the phase-out of the old-style incandescent lamps, compact fluorescent lamps (CFL) and even newer light emitting diode (LED) lamps are taking their place.