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Market Overview
American manufacturing is the most productive and efficient in the world. Each year, U.S. companies invest more than $100 billion in capital equipment and services. They build new plants and are continuously retrofitting, updating and redesigning existing facilities with up-to-date technology. With an average installed base of more than 30 years old, maintaining the plant infrastructure and reliable production capabilities is more important than ever in order to remain competitive with newer overseas manufacturing plants. This requires constant monitoring, systems redesign, repair and replacement. Increasingly, manufacturers are regarding maintenance and reliability as a key part of their culture and an essential component to their profitability and their ability to remain competitive.
The $100 Billion MRO Market
Investment
- U.S. companies invest more than $100 billion annually in capital equipment and services
- New plant construction
- Maintaining the plant infrastructure
- Maintaining reliable production and manufacturing capabilities
- Continuous redesign, repair and replacement
Competitive Pressures
- Overseas competition...90,000 new plants in Asia-Pacific region since 2000
- Government regulations
- Workforce cuts
- Investor expectations
- Budget Pressures
Plant Services Mission
To support and promote...
- Excellence in Maintenance
- Reliability
- Asset Management
Target Audience
Plant Services reaches 100,000 + BPA audited subscribers responsible for optimizing the productivity of North America's industrial infrastructure.
- Plant & Department Management
- Maintenance & Supervisory
- Engineering
- Purchasing
Plant Services reaches over 35,000 medium to large manufacturing plants across all U.S. processing and durable goods industries, including utilities and power generation facilities.