News: Remanufacturing plays its part in leading to new jobs
SKF, a Swedish company that offers services to industrial customers and makes products such as bearings and seals, is investing in its plant in Cleveland, Ohio, USA.
Monday, 27th January 2014
The plant, called a Solution Factory, opened in August 2012 as the second such location for the company in the United States, manager Edward Zitney Jr. said. Today, it offers spindle remanufacturing and custom seal manufacturing, and opens its doors for customers to use as a training facility or meeting place. Soon, the plant also will house a power transmission/custom chain business and will assemble and sell solid oil, self-lubricated bearings. The bearings are an SKF product made elsewhere; this plant will mix and pack the solid oil into the bearings. Those operations should be up and running by year-end, Mr. Zitney said. SKF is being "very aggressive" in terms of expanding this location, Mr. Zitney said, noting that he could see seven business areas running under the plant's roof by 2015. He would not share the cost of the investments being made at the plant. The power transmission business will supply small-volume custom chain for products such as conveyor belts. The chain can be cut to length, and SKF will keep material on hand so customers can expect a rapid turnaround, Mr. Zitney said. SKF's solid oil business, which the company is moving to Highland Heights from Mexico, makes self- lubricated bearings. The bearings are used in equipment that operates in mines and other harsh environments, Mr. Zitney said. These new businesses may lead to some hiring, but it will be incremental. Mr. Zitney expects to need a couple new employees for the chain business and another three to four for the solid oil business, one of whom was recently hired. There are about 40 people at the Highland Heights plant now and more than 46,000 SKF employees worldwide.
Why textile process waste should be remanufactured
H&M Foundation Global Change Award winner calls for remanufacturing of textile waste - a significant economic opportunity for textile mills that will also improve supply chain transparency/traceability and create new, circular business models.