Maintenance Costs for Equipment and Machinery
The true cost of maintenance is very important for any equipment owner to understand. A common trap is the concept that maintenance costs are viewed simply as that, a cost. Maintenance performed well is an investment in your equipment and should be viewed that way. Maintenance performed poorly often results in little control of when your equipment will be available to work and no control of costs incurred. This unfortunately spirals out of control and is extremely difficult to recover from, regardless of the capital you can throw at it.