Remanufacturing Industries Council March Newsletter
RIC Executive Director Appointed
The Remanufacturing Industries Council is pleased to announce Joseph W. Allen as its new Executive Director. Mr. Allen brings a unique skill set to RIC with over 30 years of experience in remanufacturing, government affairs, and policy advocacy at the State, Federal, and International level.
“On behalf of the Board of Directors we are excited to announce the appointment of Joe Allen as the new Executive Director of the Remanufacturing Industries Council" said Mark Stratton, the Council's Board Chairman. "Joe's extensive experience will bring renewed leadership and creativity along with a deep passion to advance remanufacturing in the U.S. and around the world."
Prior to joining the Remanufacturing Industries Council Mr. Allen spent 34 years with Caterpillar Inc. and served as the company's Commercial Manager for their global remanufacturing business and later their Director of Energy Policy in Washington, DC. While with Caterpillar, Mr. Allen held positions in Melbourne, Australia; San Francisco, California; Peoria, Illinois; and Washington, DC.
Mr. Allen said "it is an honor to join the Remanufacturing Industries Council. I am excited to be part of the Council's work to educate policy makers, users, and the public on the significant economic and environmental benefits of remanufactured products. I also look forward to growing the Council's membership as we embrace all segments of the remanufacturing industry.”
RIC Webinar Series Begins
Vaughn Henson, General Manager at SRC Logistics, kicked off the RIC webinar series on March 2. His topic was “Reverse Logistics – Making Better Core Management Decisions.” On April 20 at 4:00 p.m. ET, Bill Davies, President of Davies Office and RIC Vice Chair, will offer a session on “Leveraging Sustainable Remanufacturing Solutions In Today’s Marketplace.” Other topics will be offered throughout 2016. These webinars are open to all at no cost. Sign up now at firstname.lastname@example.org .
RIC Education Initiative
RIC will partner with RIT’s Center for Remanufacturing to offer several education and networking events in 2016. Events being planned include remanufacturing CEO and CFO forums and short courses on Condition Assessment, Material Restoration and Aging, and Electro Mechanical Component Remanufacturing. Stay tuned for dates and locations.
RIC Member Spotlight - WABCO
RIC member WABCO has been recognized by the investment community for the fourth year in a row - its CEO was among 'Top 3' in Institutional Investor Magazine's 2016 All-America Executive Team Survey. Congratulations!
WABCO is a leading innovator and global supplier of technologies that improve the safety and efficiency of commercial vehicles. Founded nearly 150 years ago, WABCO continues to pioneer breakthrough products and systems for braking, stability, suspension, transmission automation, and aerodynamics, which include the first modular braking system platform (2014), the first electronic braking system (EBS) for hybrid-driven trucks and buses (2012), the first advanced emergency braking system (AEBS) in compliance with European Union’s regulations (2010) , the first simulation system for electronic stability control (ESC) homologation (2009), andthe first autonomous emergency braking system (2008).
WABCO Reman Solutions provides tailored remanufacturing solutions to automotive and commercial vehicle OEMs and their Tier 1 electronic components suppliers. They work to create comprehensive, flexible answers to remanufacturing challenges and to support long term strategies for sustainable aftermarket businesses. Learn more about WABCO Reman Solutions here.
Jeff Stukenborg, Chief Engineer, Reman, is WABCO’s RIC representative. He has over 30 years of experience in the automotive industry, including 10 years in remanufacturing prior to joining WABCO in 2010. His background includes electronic control modules, fuel injection, and power steering products. He has held many positions in engineering, including manufacturing engineering, test engineering, and applications engineering.
Harvard Business Review Highlights Caterpillar Remanufacturing in Circular Economy Article
In the February 2 Harvard Business Review article “How Businesses can Support the Circular Economy,” highlightsCaterpillar’s remanufacturing operations, which were initiated in 1973. The article states: “Since 65% of the company’s costs involve materials, salvaging materials for remanufacturing equals a lot of savings – restoring old existing parts is always cheaper than producing new ones. The savings are also passed on to its customers to ensure that they turn in their used parts to Caterpillar. The gains are not only accrued to businesses. It is estimated that remanufacturing a cylinder head leads to 61% less greenhouse gases, a 93% reduction in the use of water, and an 86% reduction in energy used compared to producing a new one.” Read more here.
Caterpillar is a founding member of RIC, and Mark Stratton, General Manager, Caterpillar Industrial Power Systems, is currently RIC Chair.
Restructuring of Caterpillar’s Reman Operations Announced
According to Caterpillar’s recent press announcement, the company will transfer some remanufacturing work currently being performed in Lafayette, Indiana, to the company’s remanufacturing hub in Corinth, Mississippi. No layoffs are anticipated in Lafayette as a result of this move. Caterpillar facilities in Mississippi plan to add about 45 positions over the next few years as a result of continued global consolidation of its engine remanufacturing business.
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Upcoming Remanufacturing Events
PAACE/Automechanika, April 13-15, 2016
19th Annual Electrical Safety, Reliability and Sustainability Conference& Exhibition, April 14-17, 2016, Austin, Texas
APRA Technical Symposium & Exhibition, April 20 – 22, 2016
World Reman Summit 2016, Beijing, China, May 2016
International BIG R Show, October 29–30, 2016
ReMaTec, RAI Amsterdam in The Netherlands, June 18 – 20, 2017
Join Remanufacturing Industry Leaders
The remanufacturing industry requires a strong, unified voice to make a national and global impact on the economy and the environment. Work with us to promote growth in the remanufacturing industry and influence government policy to minimize barriers in the US and foreign markets. As a member, you will network with leaders in remanufacturing to discuss the challenges and opportunities we share and help ensure that remanufacturing industry reaches its full potential.
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