Location:Chinatrucks >
news >
industry news > Meritor CEO calls remanufacturing 'critical' to sustainability program
Meritor CEO calls remanufacturing 'critical' to sustainability program
Date:2012-10-15 Author:Mika Source:www.chinatrucks.com
www.chinatrucks.com: Meritor president and CEO Chip McClure told more than 150 industry executives that Meritor views remanufacturing as a critical component of the company’s sustainability program.
“At Meritor, we consider sustainability an economic, social and environmental requirement for commercial success,” McClure said.
McClure delivered the keynote address at the Remanufacturing and the Sustainable Organization conference in Troy, Mich. on Oct. 2. The conference, produced by the Motor and Equipment Remanufacturers Association (MERA) and the Golisano Institute for Sustainability, part of the Rochester Institute of Technology, highlights the benefits of using remanufactured components.
Meritor recently invested $3.7 million in its Plainfield, Ind. facility and during the last five years has invested more than $8 million in its global remanufacturing operations around the world. The company has eight remanufacturing facilities in five countries.
“It’s not hard to see the increasing potential that remanufacturing holds for commercial vehicle suppliers,” he said. “This is a $15.2 billion industry in the heavy-duty market and it’s growing.”
McClure acknowledged that material recycling gets a lot of attention for its impact on the environment, but product reuse actually has a greater bearing both ecologically and economically.
Views:0
share:
Related China Trucks News
- Cummins Debuts Meritor 17Xe ePowertrain at IAA 2022-09-20
- Cummins Finalizes $3.7 Billion Acquisition of Meritor 2022-08-05
- Cummins Set to Acquire Meritor for $3.7 Billion 2022-02-24
- IAA 2018: Meritor Launches New Blue Horizon Brand in Europe 2018-09-28
- Meritor® Launches Optimized EX+ Air Disc Brake 2017-09-30
- Meritor® Announces Electric Solutions Platform for Commercial Vehicles 2017-09-29
- Meritor wins Remanufacturer of Year award from European mag 2012-09-05
- Meritor Wabco adds ABS system as standard on ProStar+, LoneStar 2012-08-07
- Meritor offering new instructor-led training courses 2012-07-17
- ArvinMeritor automobile body business has been sold 2011-01-05
China Trucks International Promotion
Submit Your Requirements, We Are Always At Your Service.
Hot News
- FAW TRUCKS Expands Global Reach with Australian Partnership
- Foton Leads in February Heavy-Duty Truck Sales with Upgraded Products
- Dongfeng Introduces 2025 New Products and Technologies to Global Dealers
- GAC Hino Showcases New Models at 2025 GAC Int'l Partner Conference
- Foton and Teld New Energy Form JV to Drive New Energy Heavy Truck Development
- JMC Overseas Sales Surge
- Indonesian Ambassador to China Visits Shaanxi Automobile
- FOTON Launches the "Auman Galaxy Global Experience Tour"
- Geely Expands into Pakistan with New Partnership
- Zhizi Auto Successfully Holds 2025 Product Launch Event
Recommended Brands[more]
Recommended Trucks[more]
China Truck Statistics
- China's New Energy Heavy Trucks See Record Sales in 2024
- January Heavy Truck Sales Drop 28% YoY to 70,000 Units
- November 2024: Heavy Truck Sales Hit New Highs
- November 2024: New Energy Light Truck Sales Hit 14,000 Units in China
- November 2024 Sees Surge in New Energy Heavy Trucks in China
- Heavy Truck Sales Reached 56,000 units in First Three Quarters 2024
- Heavy Truck Sales in September 2024
- Heavy Truck Sales Reach 59,000 Units in July in China
- Tractor Sales in H1, 2024 Reached 162,100 Units, Up 4%
- China's Truck Export Reaches 351,076 Units in H1 2024
