Revamping Preparation Plants To Improve Maintenance And Meet Current Market Demands

- Organization:
- Society for Mining, Metallurgy & Exploration
- Pages:
- 12
- File Size:
- 1437 KB
- Publication Date:
- Jan 1, 1963
Abstract
When maintenance of a plant or operation is under discussion immediately three "M's", all in short supply, are brought to mind - money, men and markets. This paper will present what currently is being done at our plants and its effect on the 3 "M's". Examination of coal realization figures (F.O.B. Mine) from 1945 to the present reveals the fact that open and free competition can and will meet market conditions. The industry, without benefit of advantages afforded tax and transportation wise to oil and gas, remains the backbone of the energy market of United States. Figure No. 1 shows the realization figures from 1945 through 1962 compared to the hourly earnings. Note that through 1945 to 1948 F.O.B. prices increased $1.93 per ton while hourly earnings increased $.66 per hour. Since 1948 (with the ex¬ception of 1957) F.O.B. prices have declined $.45/ton, while hourly earnings have increased $1.23 per hour. Basically the maintenance men possibly represent the highest increment rate in the overall hourly earning.
Citation
APA:
(1963) Revamping Preparation Plants To Improve Maintenance And Meet Current Market DemandsMLA: Revamping Preparation Plants To Improve Maintenance And Meet Current Market Demands. Society for Mining, Metallurgy & Exploration, 1963.