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Yuchai and caterpillar jointly establish remanufacturing enterprises to promote China's sustainable development and environmental protection

Yuchai and caterpillar jointly establish remanufacturing enterprises to promote China's sustainable development and environmental protection

China Construction machinery information

Guide: on December 12, 2009, the world's largest construction machinery manufacturer Caterpillar (China) Investment Co., Ltd., a subsidiary of American caterpillar company in Peoria, Illinois, the largest remanufacturing enterprise, signed an agreement with Guangxi Yuchai Machinery Co., Ltd. (Yuchai) to establish a joint venture company

on December 12, 2009, Caterpillar (China) Investment Co., Ltd., a subsidiary of caterpillar Corporation in the United States, the world's largest construction machinery manufacturer and largest remanufacturing enterprise Peoria, Illinois, signed an agreement with Guangxi Yuchai Machinery Co., Ltd. (Yuchai) to establish a joint venture company to provide remanufacturing services for Yuchai diesel engines and parts and some Caterpillar diesel engines and parts. Through caterpillar remanufacturing and sustainable solutions (caterpillar remanufacturing), the new company will use remanufacturing technology to provide customers worldwide with the most perfect remanufactured engines and components

Yuchai is a major professional manufacturer of diesel engines in China and the largest production base of internal combustion engines in China. Its product series covers light, medium and heavy diesel power and micro car diesel power, which are used in truck power, bus power, engine power, marine electric power and passenger car power

"we hope to achieve the new development goals of the enterprise through the cooperation with caterpillar in remanufacturing, and we are confident to provide customers with more value-added services, while meeting the urgent development needs of society and the environment." Yan Jie, deputy general manager of Yuchai Machinery Co., Ltd., which is responsible for remanufacturing business, said

"we look forward to sharing caterpillar's expertise in remanufacturing with Yuchai, providing customers with sustainable and low-cost solutions, and finally achieving the goal of developing this new market." Steve Fisher, vice president of caterpillar in charge of remanufacturing business, said, "while benefiting the environment, the platform created by the new company will provide more green jobs and technology."

remanufacture is a high-end recycling method, which converts the expired parts through repair technology and perfect manufacturing specifications to make them comparable to new products. Caterpillar is a global leader in remanufacturing technology, recycling more than 100million pounds of scrap iron every year, mainly for remanufacturing engines, transmissions and hydraulic components

remanufacturing is one of the fastest-growing industries. It uses cutting-edge technology to help customers maintain strong competitiveness and profitability, and provides solutions for environmental protection by reducing waste emissions and reducing the demand for raw materials needed to manufacture new parts

the joint venture between caterpillar and Yuchai will become caterpillar's first remanufacturing joint venture in China once approved by the relevant regulatory authorities. Through caterpillar's global remanufacturing business and the platform of this newly established joint venture, caterpillar and Yuchai will be able to effectively support the Chinese government to achieve sustainable economic development based on industry-leading manufacturing technology and environment-friendly business model

"caterpillar has a long history in China, and this is our second hometown," said Zhu Jiming, vice president of caterpillar in charge of China. "We are committed to helping China develop sustainable solutions in each province."

about caterpillar

for more than 80 years, caterpillar has not made unremitting efforts, but I am very careful in taking risks to make progress possible and promote positive and sustainable changes on all continents. Caterpillar's total global sales and revenue reached 51.324 billion US dollars in 2008. It is a global leader in the field of construction machinery, mining equipment, diesel and natural gas engines, and industrial gas turbines. The company is also a leading service provider. Its subsidiaries include caterpillar financing services, caterpillar 20061: TPU foaming particle year - 2011 remanufacturing services, caterpillar logistics services and progress rail services

about caterpillar remanufacturing

caterpillar remanufacturing and sustainable solutions department includes 18 factories in the United States, Mexico, Europe and Asia. Caterpillar is one of the largest remanufacturers today, recycling more than 2million pounds of materials every year. It uses the most advanced remanufacturing technology to recycle used products, such as engines and transmissions, to produce the same remanufactured products as new products