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.
The low percentage usage for both resources is directly attributable to the fact that a large percentage of these resources were idled during the second shift and that the third shift was completely idled.
* Last year, Leggett & Platt Inc., Carthage, Mo., acquired a portion of the idled Northwestern Steel & Wire mill in Sterling, Ill.
"Margin and pricing restoration will dictate when we restart the idled portion of the La Porte facility."
According to Gordon Tomb, a plant spokesperson at the Three Mile Island nuclear station, it's an event GPU awaist anxiously, since buying replacement power to cover the electrical demand not met by the idled plant has--over the last six and one half years--increaed the utility's costs by an estimated $1.09 billion.
The number of coal mines idled in the first half of 2014 slowed compared to the second half of 2013, due in part to cold winter weather in early 2014, providing support for a rise in prompt month prices for Powder River Basin and Central Appalachia coal.
According to Automotive News, the company idled the F-150 lines earlier this week, with production not planned to restart until April 20, 2009.