Press release   October 31, 2007			Voith Industrial Services: Life Cycle Engineering from Voith Industrial Services Sound planning for efficient maintenance The costs of operating, maintaining, and reassembling a production plant are usually much higher than the initial investment costs. A full life cycle approach incorporating a plant’s complete life cycle in the initial planning itself can prove to be most beneficial. Voith Industrial Services, a specialist in the field of industrial services, provides a complete range of services focusing on the entire life cycle of a plant for the planning and operation of existing as well as new plants so that the operating costs and maintenance costs are significantly optimized. High life cycle costs are often a result of short-term cost cutting and tight budgets at the time of planning. These are usually many times higher than even the initial investment costs. Maintenance costs form a key component of such life cycle costs. Over 60 percent of these costs are a result of shortcomings in design, engineering, procurement, assembly, operation, and maintenance arising from a number of factors such as selection of wrong material, installation of oversized equipment or poor accessibility of the plant. Procuring substandard equipment for cost benefits also contributes to high costs. A planned approach focusing on the entire life cycle can play a significant role in controlling the maintenance costs. Voith Industrial Services offers companies a root cause analysis for identifying the underlying causes of a problem and pointing out weaknesses, and makes recommendations for improvement on the basis of this in-depth analysis. Unnecessary operating and maintenance costs can be prevented during the initial planning phase or can be eliminated in the subsequent phases through a neutral and holistic approach by employing experts in the field of planning, maintenance, and operation, as well as master craftsmen working in close cooperation with each other. As a leading provider of industrial services, Voith Industrial Services has extensive experience not only in plant engineering but also in plant maintenance, and in disassembling and reassembling plants especially in the process industry, in the automotive industry, in mechanical engineering, and in the energy sector. It is precisely this wide-ranging know-how that qualifies the company to carry out a complete and an exhaustive life cycle analysis. Voith Industrial Services, a division of Voith AG, is a leading provider of technical services for key industries. With 18,800 employees in more than 150 locations all over the world, Voith Industrial Services operates globally through its brands DIW, Premier, Hörmann Industrietechnik, and Voith, and has a projected turnover of about EUR 760 million in 2007. Voith is setting standards in the markets paper, energy, mobility and service. Founded on 1 January 1867, with approximately 37,000 employees, a turnover of EURO 4 billion and 250 locations worldwide, Voith is one of Europe’s large family-owned companies.
			Christian Kahl Voith Industrial Services Holding GmbH | Leiter Marketing | Am Wallgraben 129, 70565 Stuttgart | Germany Tel +49 711 7841-170 | Fax +49 711 7841-179 E-Mail christian.kahl@voith.com
			Print
			close window