WABCO Receives "2017 Remanufacturer" Award from ReMaTec, the Leading Global Remanufacturing Platform

The world's leading supplier of commercial vehicle safety, efficiency and smart interconnection technology, WABCO (NYSE: WBC) has recently received the "2017" highly-received by ReMaTec, the world's leading remanufacturing platform. Remanufacturer" award. ReMaTec awarded this award to WABCO remanufacturing solutions, WABCO's global remanufacturing business. The "2017 Remanufacturer" award began in 2005 and is the most prestigious award in the global remanufacturing industry.

WABCO Remanufacturing Solutions was established in 2010 to provide fully guaranteed performance and quality solutions by restoring wear parts or non-functional parts to the "new" or "better than new" state. Promote the operational efficiency and environmental sustainability of cars, commercial vehicles and related industries.

The ReMaTec "Remanufacturer of the Year" award recognizes companies and individuals who have made outstanding and long-term contributions to the remanufacturing industry. ReMaTec's international industry expert judging panel evaluated all award nominees based on a series of key success factors, including technical excellence, quality commitment, impact on the remanufacturing industry, and customer service. For the first time, ReMaTec awarded the “2017 Remanufacturer” award to two individuals: Dr. Salvador Munoz Zarate, Director of Product Lines, WABCO Remanufacturing Solutions, and Peter Bartel, Technical Director of Recycling Solutions.

Dr. Salvador Munoz Zarate, product line director of WABCO Remanufacturing Solutions (left), and Peter Bartel, Technical Director of Recycling Solutions, received ReMaTec's “2017 Remanufacturer” award. The award began in 2005 and is the most prestigious award in the global remanufacturing industry. Dr. Salvador Munoz Zarate, product line director of WABCO Remanufacturing Solutions (left), and Peter Bartel, Technical Director of Recycling Solutions, received ReMaTec's “2017 Remanufacturer” award. The award began in 2005 and is the most prestigious award in the global remanufacturing industry.

“We have awarded the 2017 Remanufacturer Award to Dr. Salvador Munoz Zarate and Peter Bartel of WABCO for their tireless efforts in the solution of circular economy, representing European automotive remanufacturing to the United Nations and the European Commission on the industry. "The key issues are advice and suggestions," said Adam Hill, editor of ReMaTec News and chair of the 2017 Remanufacturing Awards Review Committee. "They are the driving force behind the remanufacturing of the remanufacturing industry, reaching the backbone of the industry's common definition, and jointly promoting all sectors including the government." And key decision-makers in public policy have made tremendous contributions to the deepening of global remanufacturing."

Dr. Salvador Munoz Zarate, Director of Product Lines, WABCO Remanufacturing Solutions, said: “The ReMaTec 2017 Remanufacturer Award is a great honor for WABCO remanufacturing solutions, reflecting our global remanufacturing industry. Leading position: Remanufactured products follow world-class quality standards, and have become new reliable and cost-effective alternatives in the aftermarket of the automotive and commercial vehicle industries. In addition, remanufacturing promotes sustainable business practices and solutions. Helps protect the environment."

Munoz Zarate added: "In the past few years, WABCO remanufacturing solutions have remanufactured more than 120,000 air compressors for US customers and have never had quality problems."

Nick Rens, president of the WABCO Group's Trailer Systems, Aftermarket, and Off Highway Vehicles Division, said: “Remanufacturing is a better service for global commercial vehicle manufacturers and fleet operators. It is indispensable for a differentiated aftermarket strategy. As part of this, WABCO remanufacturing solutions provide cost-effective, environmentally-friendly components that meet high quality standards.Over the years, we have continued to grow and expand our remanufacturing business and continue to expand this attractive service on the global market. ”

WABCO remanufacturing solutions return used trucks, buses, trailers, passenger cars, and off-road vehicle parts to become cost-effective replacements for "new" or "better than new." Its extensive range of remanufactured parts includes mechanical, electromechanical, electronic and hydraulic products. Today, WABCO's remanufacturing solutions business spans the globe and has five production sites in the United States, Mexico, Brazil, Poland and China, serving customers worldwide.

Remanufacturing is an important contributor to the recycling economy. It promotes sustainable development by focusing on extending the product's useful life as much as possible, extracting the maximum use value of the product, and performing comprehensive repair at the end of each service life. According to data from the American Automobile Parts Remanufacturing Association (APRA), remanufactured parts can save up to 85% of raw materials, and energy consumption accounts for only 55% of the production of a new product.

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