“If it ain’t broke, don’t fix it” – often good advice but not when it’s applied to a production plant with decades of service. Yes, it may still be working (for now), but technology moves on and by holding on to old plant machinery rather than investing in new equipment, you’re missing out on productivity gains and cost savings that could give you the competitive advantage. Mark Hiley, Sales Director at Stelram Engineering explains when you can consider pensioning off that plant equipment.
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