June 15, 2023

Eh, maybe not--June 2023



By Jim Thompson


I have been talking down capital expenditures for a number of months. The May results tell me I might have been wrong. Paperitalo Publications saw the highest number of capital project announcements we have ever recorded in May--nearly twenty.


For you, this means the long awaited softness in vendors' and suppliers' workshops may not materialize.


This means you may have to absorb the full brunt of the inflation we have been experiencing for that last 18 months or so.


Prudent thing to do...re-estimate your capital budget and get fresh quotes on the big items as well as cabling, piping and concrete. Your bosses may not want to hear about rising prices, but trust me, it is far better to tell them early than surprise them later.




What is your opinion? Drop me a line at jim.thompson@ipulpmedia.com. I would like to hear from you.



 

Young Engineering Manager of the Year, call for nominations

We are looking for an individual who has done an extraordinary project, one that almost defies belief. Its extraordinary features can be schedule, technology, cost or all three. There is an age limit on the manager eligible for this award: they must be under 35 years old when they completed the project.
 
We have often gotten nominees that go something like this, "I nominate Joe because he has done a great job of running our engineering department for the last fifteen years." Quite frankly, we are not interested in such nominees.
 
However, if you know someone who has led a very exceptional project in the recent past (the last two or three years) and meets our age requirement, we want to know about it. We want to honor them and hold them up as an example for Engineering Managers in every pulp and paper mill around the world.
 
Just send your nomination, with as much details as you can provide, to jim.thompson@ipulpmedia.com. We will seriously consider it.






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