|
contents | business | |||||||||
| Caterpillar announces remanufacturing jv with China Yuchai Caterpillar Inc., the largest maker of the world's construction and mining equipment, through Caterpillar (China) Investment Co., Ltd. and China Yuchai International Ltd, through its main operating subsidiary, Guangxi Yuchai Machinery Co., Ltd. (Yuchai) have signed a joint venture agreement to establish a company to provide remanufacturing services for Yuchai diesel engines and components and certain Caterpillar diesel engines and components. The new company will provide state-of-the-art remanufactured engines and components to its customers worldwide by leveraging remanufacturing technology through Caterpillar's Remanufacturing and Sustainable Solutions Division (Cat Reman). Remanufacturing is a highly sophisticated form of recycling, taking end-of-life components and transforming them into like-new products through salvage technology and stateof-the-art manufacturing practices. Caterpillar is a global leader in remanufacturing technology, recycling more than 100 million pounds of end-of-life iron annually, much of which is used for remanufactured engine, transmission and hydraulic components. Yuchai is the key diesel engine manufacturer and the largest producer of internal combustion engines in China. Its engine product line family includes mini, light, medium and heavy-duty engines utilized for the truck, commercial bus, generator and passenger car markets. write your comments about the article :: © 2009 Construction News :: home page |