WABCO Holdings Inc. (NYSE: WBC), a global technology leader and tier-one supplier to the commercial vehicle industry, has established WABCO Reman Solutions, an operating unit which will specialize in remanufacturing electronic and mechatronic components as well as traditional mechanical products for commercial vehicles and passenger cars.
WABCO is targeting new revenues in the rapidly growing market for high quality, environmentally friendly remanufactured components and has engaged Joe Kripli as enterprise leader of WABCO Reman Solutions and Mike Dojcinovski as operations leader.
WABCO Reman Solutions will initially serve original equipment manufacturers and tier-one suppliers of commercial, passenger and agricultural vehicles in Europe and North America. It will remanufacture WABCO components as well as fully connect with original equipment producers to remanufacture their components, further extending WABCO’s market reach.
Operating as part of WABCO’s aftermarket organization, WABCO Reman Solutions has established remanufacturing facilities in Stanowice, Poland, and Rochester Hills, Michigan, U.S.A. Both factory sites are expected to be operational in September 2010.
The wabco press release can be downloaded here.