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Oil Prices and Production Cuts a Priority at Leadership Forum

Oil Prices and Production Cuts a Priority at Leadership Forum

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Tightening Bolts Can Help Tighten Budgets

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Has Low Oil Killed Geothermal in the U.S.?

Has Low Oil Killed Geothermal in the U.S.?

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Manufacturers to Put More Emphasis on Costs

U.S. industrial companies, which for years have touted their dedication to lean manufacturing operations, are increasing efforts to further cut production costs to offset soaring prices for raw materials like oil, chemicals and steel.

As companies struggle to maintain profit margins in an atmosphere where almost everything they use -- from oil to steel to plastics -- is more expensive, there is greater emphasis on thinking creatively and making more cuts.

Source: Reuters

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