NEWS RELEASE
FOR IMMEDIATE RELEASE CONTACTS: Alan Katchmar
Strategic Technologies, Inc., 412.731.4200
akatchmar@rcm2.com
Michele Rothert
Esteta Communications, 412.322.0281
Companies
Develop Strategies to Optimize Performance
And Avoid
Catastrophic Failure
·
New Technologies Require New Approaches for Managing Equipment and
Facilities
·
Physical Asset Management Leads to Competitive Advantages
PITTSBURGH, PA
(October 4, 2001) – A growing number of companies in the tri-state area
and worldwide are investing in strategies to help them avoid or minimize the
cost of plant, equipment and building failures. Pittsburgh-based Strategic Technologies, Inc. (STI), experts in
physical-asset management, is helping them optimize performance, avoid
catastrophic failure and improve profitability.
STI has earned
recognition for helping companies achieve significant results in the field of
physical asset management. STI has
provided strategies and expertise for many leading organizations based in North
America, Central America, the Caribbean and northern South America. In addition, STI has enlightened
professionals from a wide range of industries through a series of introductory
public seminars on physical asset management.
Attendance has reached an all-time high for
STI public seminars, which feature an introduction to Reliability-centered
Maintenance II (RCM 2), a process leading to new efficiencies, cost-savings and
overall improvement. RCM 2 is rapidly
becoming the accepted asset-management strategy-formulation process worldwide.
Upcoming STI
seminars are scheduled for:
·
Pittsburgh,
PA, Sheraton, Station Square, Dec. 3-5, 2001
·
San
Juan, Puerto Rico, Marriott, January 2002
·
Houston,
TX, Nassau Bay Hilton, February 2002
·
Chicago,
IL, Embassy Suites, March 2002
This month, STI
will also travel to San Juan, Puerto Rico, to address the pharmaceutical
industry on the topic of “The
Challenges of Physical Asset Management in the 21st Century.”
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STI/Optimizing
Performance-Avoiding Catastrophe/October 4, 2001 – Add One
“Physical asset
management has become a top priority for all sectors of business and
industry. Major developments –
particularly the growth of automation and mechanization, technological
complexities and spiraling costs—mandate companies to follow precisely focused
strategies,” said Alan Katchmar, president, Strategic Technologies, Inc. “Reliance on past skills, policies and
procedures is simply not enough. It’s
costing companies millions of dollars per year and is even dangerous.”
STI
works with a wide range of companies and industries where downtime and crisis
can quickly erode profitability and impede growth. Timely examples include:
Pharmaceutical Industry. Companies must achieve new levels of efficiency and cost savings
while maintaining consistent levels of product quality, regulatory compliance
and public safety within a highly competitive marketplace.
Electrical Utilities. Deregulation has forced companies to compete for
market share – making the reliability of their physical assets more critical
than ever.
Chemical Industry. More stringent safety and environmental regulations are requiring
chemical manufacturers to be even more diligent about the way they manage their
physical assets and processes.
“An effective physical-asset management
strategy can lead to significant cost-savings and competitive advantages. Since 1987, we’ve worked with clients to
generate hundreds of millions of dollars in profit improvement,” Katchmar
added.
With headquarters in
Pittsburgh (Forest Hills), PA, and alliances worldwide, Strategic Technologies,
Inc. (STI) is a leading corporation and employer within the dynamic field
of strategic resource management with a focus on physical asset management,
performance improvement and energy management. STI
offers training, consulting, software and other services to clients in a wide
range of industries that includes petrochemicals, chemicals, pharmaceuticals,
food processing, electric utilities, facilities, metals including steel and
aluminum, pulp and paper, breweries, railways, mining, packaging, armed forces,
water distribution, courier services, automotive, nuclear facilities, consumer
electronics, offshore oil extraction and Internet service providers. More information: http://www.strategictechnologiesinc.com
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