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 ?
Corsa Coal acquired the former PBS properties in Pennsylvania and Coronado Coal acquired the Buchanan and the idled Amonate properties from CONSOL Energy.
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.
It expects to recall everyone who was idled and resume full operations at its Kansas and Tennessee plants.
Mine Safety and Health Administration (MSHA), the mines idled in the first half of 2014 produced a combined 2 million tons of coal in the 12 months ended June 30.
However, the number of workers idled, the number of days idle, and the percent of estimated working time lost because of strikes and lockouts rose.
When the strike closed down the GM plant last Saturday, it also idled the 60 production workers at Jamestown Industries in Moraine, a suburb of Dayton.
As a result, the aluminum smelter in Wenatchee, which has been idled since July 2001, will remain idled and approximately 400 salaried and hourly workers will lose their jobs.
During 2002, 46,000 workers were idled due to major work stoppages.