Equipment Quote by Lawrence L. Steinmetz
““the price of the equipment we build has been less than the cost.””
About This Quote
Source Speech: Engineering Conference, 2019
The cost of building equipment is lower than its eventual expense.
In simple terms: Building costs less than long‑term upkeep.
Key Takeaway
Invest in durable, low‑maintenance design.
Themes
cost
maintenance
long‑term value
Mood
analytical
practical
Type
technical
business
When to use this quote
- product design
- infrastructure projects
- budget planning
Key Concepts
engineering economics
sustainability
Questions to Reflect On
- How to balance upfront cost vs future savings?
- What metrics assess long‑term value?
A Different Perspective
Initial expense may be higher.
