Caterpillar Inc. and Land Rover have signed a memorandum of understanding in which Caterpillar Remanufacturing Services will act as Land Rover’s lead global remanufacturing services provider.
Go deeper with GlobalData
Discover B2B Marketing That Performs
Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.
The agreement names Cat Reman as a preferred supplier for Land Rover’s remanufacturing products and services, providing as key elements core management and remanufactured product development and product supply.
Caterpillar Remanufacturing Services president Steve Fisher said: “In the past 18 months, we have made investments in Europe to enable us to compete more effectively in this market. This announcement is recognition by our customers that these investments are working.
Fisher claimed Land Rover customers will greatly benefit in terms of cost, quality and delivery by having a wider choice of remanufactured product options. In addition, he said, “Remanufacturing benefits the environment, because fewer components will be scrapped or sent to a landfill and we’re pleased that our two companies can work together to accomplish this.”
Land Rover already works with a number of remanufacturing sources. Among them is UK-based Wealdstone Engineering, which was acquired by Cat Reman last year.
Cat Reman also has been handling Land Rover’s core management at its European Remanufacturing Centre in Shrewsbury in England.
