Yuchai Remanufacturing Service Factory Opens in Suzhou Industrial Park
On July 9, 2012, the Yuchai remanufacturing service plant was officially completed and put into production at the Suzhou Industrial Park. The plant is a major part of the joint venture Yuchai Remanufacturing Industry (Suzhou) Co., Ltd. Academician Xu Binshi of the Chinese Academy of Engineering, deputy secretary of the Park's working committee and director of the Management Committee Yang Zhijian, Sun Yanyan, deputy director of the committee of the Park's working committee, and chairman of the Board of Directors of Yuchai Machinery Group, attended the opening ceremony.
In April 2010, Caterpillar (China) Investment Co., Ltd. and Guangxi Yuchai Machinery Co., Ltd. jointly established Yuchai Remanufacturing Industry (Suzhou) Co., Ltd. to fully support the development of the remanufacturing industry in China. The remanufactured engine was sold in August 2011.
The first phase of the new plant, which was completed and put into production, has an area of ​​approximately 14,000 square meters and is mainly used for remanufacturing Yuchai engines and engine components. By 2014, when the plant is fully put into production capacity, the number of employees is expected to reach 400 people. The opening of the new plant also marks the opening of Caterpillar's second remanufacturing plant in China.
The Yuchai remanufacturing service plant will minimize the use of raw materials to produce new products in the production process, and its remanufactured products for expired parts can meet the original new products in terms of reliability, durability, and performance. It is comparable to the United States, and it is flexible in meeting the needs of the Chinese market while promoting the sustainable development of China's manufacturing industry and meeting the requirements of social and environmental development.
Yang Zhijian said at the opening ceremony that the establishment of Yuchai Remanufacturing Industry (Suzhou) Co., Ltd. is not only an important measure for strong cooperation, but also a new bright spot for the development of circular economy in the park. At present, the park is taking innovative economy and service-oriented economy as an important direction for transformation and upgrading, and vigorously exploring new concepts and models of circular economy. The completion of the new Yuchai remanufacturing plant will not only bring about innovation and high quality The introduction of remanufacturing technology and products into the park will inject new vitality into the development of the park's circular economy.
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