Volume 3 Issue 91

Survey Gauges Plant Manager Pay Rates

Plant managers who work for U.S. lubricant manufacturing companies are paid an average $94,775 a year, and their counterparts at lube distributors $70,359, according to the latest Lubricants Industry Salary Survey conducted by Lubes’n’Greases magazine. The typical plant manager who responded to the survey is 47 years old, and has 19 years of industry experience. He or she has been with the current employer a little more than 13 years, and supervises an average of around 22 people, th...

Process Oils Brighten Outlook for Lubes

Lubricant demand in the United States is forecast to grow less than 1 percent per year for the next five years, according to a study from the Freedonia Group. Thats not much but would still be an improvement on the markets performance the past five years. The study, Lubricants: Industrial and Automotive, projects that U.S. lubricant consumption will increase at an average annual rate of 0.9 percent, to 2.745 billion gallons in 2008. Cleveland-based Freedonia said this will return demand close to...

CMS: a $19 Billion Market?

The popularity of chemical management services has grown quickly over the past four years, according to a recent survey by an organization promoting the practice. The same organization also said the practice has only begun to realize its potential. The Chemical Strategies Partnership announced Sept. 15 that businesses spent $1.22 billion on chemical management services in 2003, up from approximately $800,000 in 1999. The group also estimated that the market has the potential to grow to between $...