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Plant Hire
Equipment rental, also called plant hire in some countries (in the UK for instance), is a service industry providing machinery, equipment and tools of all kinds and sizes (from earthmoving to powered access, from power generation to hand-held tools, etc.) for a limited period of time to final users, mainly to construction contractors but also to industry and individual consumers. Renting can be defined as getting equipment for a temporary purpose to help the people who are not willing to buy the equipment. History Equipment rental is a relatively new industry, first developed in Anglo-Saxon countries. It emerged in the UK after the First World War and has now become a multi-billion euro business providing a wide range of construction and industrial equipment for customers globally.The American Rental Association was founded as early as 1955, and the first waves of consolidation took place in the 1970s in North America, leading to the creation of companies with nationwide ope ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Service Industry
The tertiary sector of the economy, generally known as the service sector, is the third of the three economic sectors in the three-sector model (also known as the economic cycle). The others are the primary sector (raw materials) and the secondary sector (manufacturing). The tertiary sector consists of the provision of services instead of end products. Services (also known as " intangible goods") include attention, advice, access, experience and affective labor. The production of information has been long regarded as a service, but some economists now attribute it to a fourth sector, called the quaternary sector. The tertiary sector involves the provision of services to other businesses as well as to final consumers. Services may involve the transport, distribution and sale of goods from a producer to a consumer, as may happen in wholesaling and retailing, pest control or entertainment. The goods may be transformed in the process of providing the service, as happens in th ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Invested Capital
Net operating assets (NOA) are a business's operating assets minus its operating liabilities. NOA is calculated by reformatting the balance sheet so that operating activities are separated from financing activities. This is done so that the operating performance of the business can be isolated and valued independently of the financing performance. Management is usually not responsible for creating value through financing activities unless the company is in the finance industry, therefore reformatting the balance sheet allows investors to value just the operating activities and hence get a more accurate valuation of the company. One school of thought is that there is no such security as an operating liability. All liabilities are a form of invested capital, and are discretionary, so the concept of net operating assets has no basis because operating assets are not discretionary. NOA are mathematically equivalent to the invested capital (IC), which represents the funds invested into ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Compressor
A compressor is a mechanical device that increases the pressure of a gas by reducing its volume. An air compressor is a specific type of gas compressor. Compressors are similar to pumps: both increase the pressure on a fluid and both can transport the fluid through a pipe. The main distinction is that the focus of a compressor is to change the density or volume of the fluid, which is mostly only achievable on gases. Gases are compressible, while liquids are relatively incompressible, so compressors are rarely used for liquids. The main action of a pump is to pressurize and transport liquids. Many compressors can be staged, that is, the fluid is compressed several times in steps or stages, to increase discharge pressure. Often, the second stage is physically smaller than the primary stage, to accommodate the already compressed gas without reducing its pressure. Each stage further compresses the gas and increases its pressure and also temperature (if inter cooling between sta ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Dumper
A dumper or dumper truck (British English) or dump truck (North American English) is a truck designed for carrying bulk material, often on building sites. A dumper has a body which tilts or opens at the back for unloading and is usually an open 4-wheeled vehicle with the load skip in front of the driver. The skip can tip to dump the load; this is where the name "dumper" comes from. They are normally diesel powered. A towing eye is fitted for secondary use as a site tractor. Dumpers with rubber tracks are used in special circumstances and provide a more even distribution of weight compared to tires. Continuous tracks allow the operator to carry heavier payload on slick, snowy, or muddy surfaces, and are popular in some countries. Background One of the earliest British dumpers was the Muir-Hill, which was based on the Fordson tractor with 2 cubic yard bucket, driving on the front axle and steered by the back wheels. Devised in 1927, and on sale by 1931, it gained a lot of versatil ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Excavator
Excavators are heavy construction equipment consisting of a boom, dipper (or stick), bucket and cab on a rotating platform known as the "house". The house sits atop an undercarriage with tracks or wheels. They are a natural progression from the steam shovels and often mistakenly called power shovels. All movement and functions of a hydraulic excavator are accomplished through the use of hydraulic fluid, with hydraulic cylinders and hydraulic motors. Due to the linear actuation of hydraulic cylinders, their mode of operation is fundamentally different from cable-operated excavators which use winches and steel ropes to accomplish the movements. Terminology Excavators are also called diggers, JCBs (a proprietary name, in an example of a generic trademark), mechanical shovels, or 360-degree excavators (sometimes abbreviated simply to "360"). Tracked excavators are sometimes called "trackhoes" by analogy to the backhoe. In the UK and Ireland, wheeled excavators are somet ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Skid-steer Loader
A skid loader, skid-steer loader, SSLs or skidsteer is a small, rigid-frame, engine-powered machine with lift arms that can attach to a wide variety of buckets and other labor-saving tools or attachments. Skid-steer loaders are typically four-wheeled or tracked vehicles with the front and back wheels on each side mechanically linked together to turn at the same speed, and where the left-side drive wheels can be driven independently of the right-side drive wheels. This is accomplished by having two separate and independent transmissions; one for the left side wheels and one for the right side wheels. Earliest versions of skid steer loaders used forward and reverse clutch drives. Virtually all modern skid steers designed and built since the mid-1970s use two separate hydrostatic transmissions (one for the left side and one for the right side). The wheels typically have no separate steering mechanism and hold a fixed straight alignment on the body of the machine. Turning is accomplish ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Compact Excavator
A compact or mini excavator is a tracked or wheeled vehicle with an approximate operating weight from 0.7 to 8.5 tonnes. It generally includes a standard backfill blade and features independent boom swing. Hydraulic excavators are somewhat different from other construction equipment in that all movement and functions of the machine are accomplished through the transfer of hydraulic fluid. The compact excavator's work group and blade are activated by hydraulic fluid acting upon hydraulic cylinders. The excavator's slew (rotation) and travel functions are also activated by hydraulic fluid powering hydraulic motors. Structure Most compact hydraulic excavators have three distinct assemblies: house, undercarriage and workgroup. House The house structure contains the operator's compartment, engine compartment, hydraulic pump and distribution components. The house structure is attached to the top of the undercarriage via a swing bearing. The house, along with the workgroup, is abl ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Construction
Construction is a general term meaning the art and science to form Physical object, objects, systems, or organizations,"Construction" def. 1.a. 1.b. and 1.c. ''Oxford English Dictionary'' Second Edition on CD-ROM (v. 4.0) Oxford University Press 2009 and comes from Latin ''constructio'' (from ''com-'' "together" and ''struere'' "to pile up") and Old French ''construction''. To construct is the verb: the act of building, and the noun is construction: how something is built, the nature of its structure. In its most widely used context, construction covers the processes involved in delivering buildings, infrastructure, industrial facilities and associated activities through to the end of their life. It typically starts with planning, financing, and design, and continues until the asset is built and ready for use; construction also covers repairs and maintenance work, any works to expand, extend and improve the asset, and its eventual demolition, dismantling or wikt:decommission, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Jobsite
A workplace is a location where someone works, for their employer or themselves, a place of employment. Such a place can range from a home office to a large office building or factory. For industrialized societies, the workplace is one of the most important social spaces other than the home, constituting "a central concept for several entities: the worker and heirfamily, the employing organization, the customers of the organization, and the society as a whole". The development of new communication technologies has led to the development of the virtual workplace and remote work. Workplace issues * Sexual harassment: Unwelcome sexual advances or conduct of a sexual nature which unreasonably interferes with the performance of a person's job or creates an intimidating, hostile, or offensive work environment. * Kiss up kick down * Toxic workplace * Workplace aggression: A specific type of aggression that occurs in the workplace. * Workplace bullying: The tendency of individua ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Carbon Footprint
A carbon footprint is the total greenhouse gas (GHG) emissions caused by an individual, event, organization, service, place or product, expressed as carbon dioxide equivalent (CO2e). Greenhouse gases, including the carbon-containing gases carbon dioxide and methane, can be emitted through the burning of fossil fuels, land clearance, and the production and consumption of food, manufactured goods, materials, wood, roads, buildings, transportation and other services. In most cases, the total carbon footprint cannot be calculated exactly because of inadequate knowledge of data about the complex interactions between contributing processes, including the influence of natural processes that store or release carbon dioxide. For this reason, Wright, Kemp, and Williams proposed the following definition of a carbon footprint: The Greenhouse Gas Protocol has extended the range of gases. The global average annual carbon footprint per person in 2014 was about 5 tonnes CO2e. Although the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Circular Economy
A circular economy (also referred to as circularity and CE) is a model of production and consumption, which involves sharing, leasing, reusing, repairing, refurbishing and recycling existing materials and products as long as possible. CE aims to tackle global challenges as climate change, biodiversity loss, waste, and pollution by emphasizing the design-based implementation of the three base principles of the model. The three principles required for the transformation to a circular economy are: eliminating waste and pollution, circulating products and materials, and the regeneration of nature. CE is defined in contradistinction to the traditional linear economy. The idea and concepts of circular economy (CE) have been studied extensively in academia, business, and government over the past ten years. CE has been gaining popularity since it helps to minimize emissions and consumption of raw materials, open up new market prospects and principally, increase the sustainability of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sharing Economy
In capitalism, the sharing economy is a socio-economic system built around the sharing of resources. It often involves a way of purchasing goods and services that differs from the traditional business model of companies hiring employees to produce products to sell to consumers. It includes the shared creation, production, distribution, trade and consumption of goods and services by different people and organisations. These systems take a variety of forms, often leveraging information technology (particularly digital platforms) to empower individuals, corporations, non-profits and government with information that enables distribution, sharing and reuse of excess capacity in goods and services.Sutherland, W and Jarrahi, M.H. "The sharing economy and digital platforms: A review and research agenda." ''International Journal of Information Management'' 43 (2018): 328–341. There are two main types of sharing economy initiatives: * Non-profit, usually based on the concept of book-lendin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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