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Generation and distribution are large capital expenditures while the engineering, fuel and maintenance all add up.
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The company has built a business model that is hard to replicate, partly because it does engineering, sales, installation and maintenance in-house.
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It provides specialist services in rail design, engineering, construction, management and maintenance, and offers supply chain solutions to a range of customers in Australia.
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So it is not surprising that the stock of Fluor Corp. ( FLR, 47) , which provides engineering, procurement, construction, maintenance and project-management services for refineries and power plants, is down 48% in the last 12 months.
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It said the underpass option would be more expensive and would result in "significant engineering problems... and regular maintenance".
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It is not possible to meet development and integration needs without building a strong engineering base for the design, construction and maintenance of infrastructure facilities.
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Group CEO Alan Joyce revealed the airline was reviewing its maintenance facilities in Australia and consolidating its catering and engineering operations.
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Each of the department heads is an expert in one of the major ship departmental functions: Ship Operations, Intelligence, Propulsion, Engineering, Combat Systems, Supply, Air Operations, Aircraft Maintenance, Safety, Training, Navigation, Religious Ministries and Medical.
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