We all appreciate the need to squeeze every last ounce of worth out of existing equipment, but when faced with the challenge of reducing operating expenses, it may be helpful (if counter-intuitive) to look at buying new equipment.
The latest developments in technology could have surprisingly far-reaching benefits and achieve the savings you’re looking for. For example, there is the obvious energy savings of using newer technology, then add the accompanying reduction in downtime, and it’s a double whammy!