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Caterpillar Remanufactures More Parts for Growing Asian Market
September 5th, 2008
Sept. 5, 2008 - Caterpillar plans to serve the fast-growing Asian mining sector with a new LEED-certified facility in Singapore that remanufactures old equipment parts into new products.
The 215,000 sq. ft. facility will serve as the regional location offering remanufactured components such as mining truck engines, transmissions, final drives, and torque converters. It is expected to be fully operational by 2010.
"Compared to manufacturing new components, remanufacturing requires less energy, less water and fewer raw materials," says Doug Oberhelman, Caterpillar's group president. "The facility in Singapore will support our mining customers in the region by offering a sustainable solution, enabling those customers to provide for the future energy needs of the developing world."
The move may also help Caterpillar help minimize transport costs - a recent New York Times article noted that many companies are regionalizing supply chains to save on fuel.