Does it Make Sense to Close Down a Plant, Until Business Picks Up?

You can’t just turn off the lights and lock the doors. An extended plant layup plan can help make sure your equipment works properly when you need it again.

Michael P. Bove, P.E., Hartford Steam Boiler

With so much uncertainty in the world economy, market forces prompt many companies to shut down an industrial or commercial facility or a major piece of equipment for an extended period. The owners may intend to reopen the plant and restart the equipment when conditions improve, but what will happen to that property and equipment over the months or years? »more

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