Idle

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Idle

Describing a project or asset that is not being used and therefore is not generating revenue. An idle asset usually has a maintenance cost associated with it. Companies therefore attempt not to have idle assets unless demand drops below a certain level.
References in periodicals archive ?
The second largest was a stoppage between General Electric and the Communications Workers and the United Electrical Workers that idled 17,500 workers, The third was a stoppage between Dierbergs Markets, Schnucks, and Shop 'n Save and the United Food and Commercial Workers that idled 10,200.
Not all the bankruptcies have led to shuttered mills, but between those that have been idled combined with greatly reduced melting schedules by solvent mills, production may finally be lining up closer to overall demand for steel.
More than 120,000 GM workers have been idled by the strike and another 8,200 at the company's Saturn plant in Tennessee have stopped production and turned to training sessions and maintenance work.
As part of an agreement between Alcoa and the Chelan Public Utility District (PUD) Alcoa idled the Wenatchee smelter on July 1, 2001 to enable the PUD to acquire additional power supplies to serve Alcoa and Chelan PUD customers' future needs.
None of the remaining stoppages idled 5,000 or more workers.
Alcoa plans to restart 95,000 mtpy of capacity at Wenatchee at the end of the idled period.
With the Mead restart and the restoration of capacity which was idled in Ghana because of drought, Kaiser will have a projected 1999 operating rate of only 78% of its worldwide primary capacity of 508,000 tonnes, a level that is well below the industry average; however, with the current uncertainty about demand, some restraint in production on a worldwide basis seems appropriate.