The Remanufacturing Industries Council is committed to promoting the growth of the entire remanufacturing industry. To learn more about RIC, please download the RIC Brochure.
To learn how you can become a member and help us with this important work, please contact Derek Guest at:
Or, you can download the RIC Membership Application form.
Remanufacturing: An Economic Growth Driver
Leaders from across the remanufacturing industry met May 7 and 8 for the 2014 Remanufacturing Industry Roundtable hosted by RIC and Cummins ReCon in Memphis, TN. The conference featured presentations from different remanufacturing sectors and from other guests on issues important to the growth and sustainability of the industry.
In his keynote presentation, Michael Rayne (former Global VP for Delphi Automotive Product and Service Solutions) shared his experience on growing a successful remanufacturing business. Following this, speakers from local community organizations described the benefits that the industry brings to the communities where we operate. Other topics included a discussion of what it will take to realize the power of global remanufacturing, and a series of case studies describing the challenges faced by different remanufacturing sectors, and how companies have worked to overcome them.
Attendees then heard from Dr. Winifred Ijomah about the future of remanufacturing from the European perspective, and a summary from Dr. Derek Guest of activities being led by RIC to build the industry’s reputation, including the development of a US standard for the process of remanufacturing. The final presentation featured Allen Pierce, Executive Director-Global Quality for Cummins New and ReCon Parts, who gave an overview of the journey of remanufacturing at Cummins.
On May 8, attendees toured Cummins’ remanufacturing facilities.
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 identified two major barriers to growth for the remanufacturing industry: (i) the lack of a commonly accepted definition of remanufacturing, and (ii) the absence of standards for the remanufacturing process (Remanufactured Goods: An Overview of the U.S. and Global Industries, Markets, and Trade. U.S. International Trade Commission, October 2012).
RIC has achieved ANSI accreditation as a standards developer, and has begun development of a standard for the process of remanufacturing that will address both of these deficiencies and promote the understanding and credibility of the remanufacturing industry. For additional information on this initiative and how to contribute to this standard, please check back for current information or use our Contact Us page to send a message.