I spent the past week in Monte Carlo, Monaco, for the European Power Transmission Distributors Association annual convention. Two topics in the meeting’s discussions stuck out to me as noteworthy:
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1 -The focus on designing, manufacturing and selling more environmentally friendly products. Global manufacturer SKF was the most visible in this initiative at the convention, touting the benefits of its product lines that reduce energy consumption (and therefore save customers money) when used in manufacturing processes. While the construction markets are seeing more and more of this as building “green” becomes the norm rather than the exception, I believe going green will grow in importance on the industrial side as customers …