How going green could boost your company's profits by 10%

04/6/2011 | IndustryWeek

Most manufacturers spend about 3% of sales revenue on energy but could curb energy usage by up to 40% using energy audits. Since industry profit margins average about 6%, that means that the average manufacturer can gain a 10% profit-margin hike through adjustments to its energy usage. "Energy management projects are ... often overlooked. This is usually a mistake, both for their value when the economy is strong and when business is slow," writes Brandt Smith.

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