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Key Remanufacturing Events for 2015
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Jack Stack, founder, president, and CEO of SRC Holdings Corporation and RIC board member will deliver a keynote address at this year’s remanufacturing and sustainability conference co-hosted by the Motor & Equipment Remanufacturers Association (MERA) and the Golisano Institute for Sustainability on Sept. 30. Read more…
RIC Board member Dr. Nabil Nasr, Director of Golisano Institute for Sustainability, was a keynote speaker at a recent international meeting organized by UNEP’s International Resource Panel, and other international partners. This was a high level policy meeting with a focus on the 3R’s and remanufacturing that included high-level government representatives from Asian-Pacific countries. His presentation discussed remanufacturing and its impact on resource conservation, as well as economic value. This one of RIC’s member efforts to help ensure that remanufacturing is being considered in future foreign government directives and also served to further educate policy makers on remanufacturing.
Due to organizational changes and scheduling difficulties, the Remanufacturing Industry Roundtable (“Remanufacturing Taking Off”) has been rescheduled to Spring, 2016. This important event will still be hosted by Nextant Aerospace in Cleveland, Ohio.
The Roundtable will offer great learning and networking opportunities as leaders from the remanufacturing world discuss common goals and challenges for the industry and share their experiences in promoting the reputation and credibility of remanufacturing within their companies, with the public and with government organizations. The event will include a tour of Nextant’s aircraft remanufacturing facility.
Plan to join your colleagues from all sectors of the remanufacturing world for this important event. Check back at this website or contact RIC for the latest information on the conference.
Remanufacturing is a comprehensive and rigorous industrial process by which a previously sold, worn, or non-functional product or component is returned to a “like-new” or “better-than-new” condition and warranted in performance level and quality.
Remanufacturing is not the same as “recycling” or “repairing”.
Some of the most commonly remanufactured product categories are:
The US is the world’s largest producer, consumer and exporter of remanufactured products. In its 2012 report, the U.S. International Trade Commission estimated that that the value of US remanufactured production had reached $43 billion by 2011, supporting approximately 180,000 full-time jobs (Remanufactured Goods: An Overview of the U.S. and Global Industries, Markets, and Trade. U.S. International Trade Commission, October 2012).
While the United States and Europe have accounted for the bulk of remanufacturing activities and associated trade for many years, other countries have been rapidly developing their own remanufacturing industries.
A lack of awareness of remanufacturing and its benefits by dealers, customers and policymakers remains a major obstacle to growth of the industry.
Some of the benefits of remanufacturing include: