Compressed Air Best Practices - February 2009 - (Page 49)

Compressed Air Industry POWER PLANTS | 02/09 | COMPRESSED AIR BEST PRACTICES ™ MAGAZINE “UTC expects solid results in 2008 with 15% earnings per share growth,” said Chênevert. “Strength in our long cycle businesses and benefits from early cost reduction actions should more than offset adverse impacts from the stronger U.S. dollar and rapidly deteriorating end markets in the second half of the year. “We expect difficult and uncertain economic conditions through much of 2009. We are confident UTC’s strong global franchises and experienced management team will continue to outperform even in this environment. We anticipate that further deployment of our ACE operating system, continued focus on cost controls and benefits from early and substantial restructuring actions taken in 2008 will help offset significant foreign currency related headwind on earnings in 2009. All six operating divisions are expected to expand margins in 2009,” Chênevert continued. “Liquidity is not an issue at UTC and we continue to expect cash flow from operations less capital expenditures to equal or exceed net income in 2009. These strong cash flows, coupled with continued access to the commercial paper market and low levels of long-term debt maturing over the next year, give us confidence that we can continue our acquisition agenda along with our share repurchase program.” UTC revenues are expected to decrease to approximately $57 billion in 2009 as the adverse impact from foreign currency translation will more than offset expected low, single digit organic growth. UTC’s backlog remains strong at approximately $57 billion. www.airbestpractices.com ADVERTISER INDEX Company Kaeser Compressor Page Outside Back Cover Web Site www.kaeser.com NPE2009 Inside Back Cover www.npe.org Atlas Copco Inside Front Cover www.atlascopco.com Hitachi 3 www.hitachi-america.us/airtech Belair Technologies 5 www.belairtech.net Jorc Industrial 7 www.jorc.com Chicago Pneumatic 9 www.cp.com Mikropor America 11 www.mikroporamerica.com SPX Dehydration & Filtration 13 www.spx.com Awareness Ideas 19 www.awarenessideas.com Association of Energy Engineers 29 www.aeecenter.org/globalcon COMPRESSED AIR BEST PRACTICES™ MAGAZINE www.airbestpractices.com Advertising & : Rod Smith Editorial rod@airbestpractices.com Tel: 251-680-9154 Subscriptions & : Patricia Smith Administration patricia@airbestpractices.com Tel: 251-510-2598 Fax: 412-831-3091 A Publication of : Smith Onandia Communications L.L.C. 217 Deer Meadow Drive Pittsburgh, PA 15241 Compressed Air Best Practices™ is published monthly by Smith Onandia Communications LLC., 217 Deer Meadow Drive, Pittsburgh, PA 15241. Phone 251-510-2598, Fax 412-831-3091, email patricia@airbestpractices.com. Compressed Air Best Practices™ is a trademark of Smith Onandia Communications, LLC. Publisher cannot be held liable for non-delivery due to circumstances beyond its control. No refunds. Standard postage is paid at 233 Jefferson Street, Greenfield, Ohio 45123. Canadian and international distribution: IMEX International Mail Express, 1842 Brummel Drive, Elk Grove Village, IL 60007. POSTMASTER: Send address changes to Compressed Air ™ Best Practices, 217 Deer Meadow Drive, Pittsburgh, PA 15241. SUBSCRIPTIONS: Qualified reader subscriptions are accepted from compressed air professionals, plant managers, plant engineers, service and maintenance managers, operations managers, auditors, and energy engineers in manufacturing plants and engineering/ consulting firms in the U.S. To apply for qualified reader subscriptions, please fill in the reader response cards herein and mail or fax or go to www.airbestpractices.com. To non-qualified subscribers subscriptions are $65 in Canada and $95 for other countries. When available, extra copies of back issues are $4 plus shipping. Contact Patricia Smith for subscription information at tel: 251-510-2598 or email: patricia@airbestpractices. com. REPRINTS: Reprints are available on a custom basis, contact Patricia Smith for a price quotation at tel: 251-510-2598 or email: patricia@airbestpractices.com. All rights are reserved. The contents of this publication may not be reproduced in whole or in part without consent of Smith Onandia Communications LLC. Smith Onandia Communications LLC does not assume and hereby disclaims any liability to any person for any loss or damage caused by errors or omissions in the material contained herein, regardless of whether such errors result from negligence, accident, or any other cause whatsoever. Printed in the U.S.A. www.airbestpractices.com 49 http://www.airbestpractices.com http://www.kaeser.com http://www.npe.org http://www.atlascopco.com http://www.hitachi-america.us/airtech http://www.belairtech.net http://www.jorc.com http://www.cp.com http://www.mikroporamerica.com http://www.spx.com http://www.awarenessideas.com http://www.aeecenter.org/globalcon http://www.airbestpractices.com http://www.airbestpractices.com http://www.airbestpractices.com

Table of Contents Feed for the Digital Edition of Compressed Air Best Practices - February 2009

Compressed Air Best Practices - February 2009 Contents From the Editor Utility-Air News Compressed Air Audit of the Month Air Standards Instrument Air in Nuclear Power Plants Seven Sustainability Projects for Industrial Energy Savings The Pneumatic Advantage Personal Productivity Resources for Energy Engineers Wall Street Watch Advertiser Index Classifieds

Compressed Air Best Practices - February 2009

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