December Reman News & Holiday Message

Like any industry, sustainable manufacturing has its jargon. In an attempt to dispell some of the confusion around this jargon, the RIC Trade & Policy Committee has researched and documented the various ways re-words are used, from government documents to website articles.

Attendees at the 2019 World Remanufacturing Conference took a closer look at the definitions and applications for these terms. The session began with a quiz containing approximately 20 definitions needing to be matched to the following: Recondition, Overhaul, Refurbish, Repair, and Reuse. Attendees broke into groups and worked together to complete the quiz. John Disharoon, Director of Market Access, Caterpillar led the discussion and revealed to the group the source and answer for each definition.

To read more on this, be sure to check out the World Remanufacturing Conference blog, Changing How the World Talks About Remanufacturing.

The Remanufacturing Industries Council has partnered with Caterpillar and the Rochester Institute of Technology on a Design for Remanufacturing Project through the REMADE Institute. REMADE Institute enables early-stage applied research and development of technologies that could dramatically reduce the embodied energy and carbon emissions associated with industrial-scale materials production and processing.

The goal of the project is to develop a set of remanufacturing design rules that can then be adopted across industry sectors and integrated into various engineering tools and CAD platforms. The first step in this process is to collect expert knowledge from the remanufacturing industry about the specific steps, features, guidance, or decisions designers should make to intentionally design for remanufacturing. RIC Members can expect to receive a questionnaire this week to help capture this important information.

AGCO (NYSE: AGCO) is a global leader in the design, manufacture and distribution of agricultural solutions and delivers high-tech solutions for farmers feeding the world through its full line of equipment and related services. AGCO products are sold through five core brands, Challenger®, Fendt®, GSI®, Massey Ferguson® and Valtra®, supported by Fuse® smart farming solutions.

Founded in 1990 and headquartered in Duluth, Georgia, USA, AGCO had net sales of $9.4 billion in 2018. For more information, visit http://www.AGCOcorp.com. For company news, information and events, please follow us on Twitter: @AGCOCorp. For financial news on Twitter, please follow the hashtag #AGCOIR.

Lippert Enterprises, Inc. buys aging, obsolete and slow-moving inventory directly from OEMs, providing you with a one-stop-shop to buy new hard-to-find and NLA parts. By buying slow-moving inventory, we support OEMs’ inventory reduction goals while keeping the inventory available to the market for you and their customers. We currently have over 500,000 individual parts/items available. Lippert purchases and manages new OEM obsolete and slow-moving inventory allowing OEMs to:

Free up capital
Improve margins
Lower operating costs
Better manage warehouse space

As Lippert purchases inventory, we:

Keep Inventory & parts in the market that would otherwise be scrapped
Extend the life of heavy equipment by supporting access to parts

Lippert strives to create a sustainable future for our customers, employees, community and shareholders through collaboration, active leadership, continuous improvement and the highest standards of integrity.

To learn more about our inventory management & 3PL services, visit www.Lippertent.com. To request access to our online portal to view and purchase inventory, visit www.lippertonline.com.

National Switchgear is an industry leader in power distribution equipment and services, offering a broad line of new and repurposed electrical equipment from an extensive inventory and network of suppliers.

National also provides service shop, engineering and on-site services for critical power systems, including remanufacturing of circuit breakers, switchgear and related components. The company’s on-site services consist of maintenance, testing, power system studies and disaster recovery operations.

National Switchgear is committed to the delivery of first-class solutions and is mindful of the benefits of environmentally responsible practices. The company strives to meet the needs of today’s world without compromising the needs of future generations.

To learn more go to NationalSwitchgear.com.