The trend of processors spending less on replacement parts continues to grow, according to Food Engineering’s 2018 Replacement Parts and Components Trends Survey.
This year’s survey revealed that 57 percent of respondents say their company spends less than $100,000 per year on replacement parts. That’s up from the 2017 total of 52 percent. The trend has grown significantly in the last few years; in 2014, only 32 percent said their company spent less than $100,000 on replacement parts.