Resource: Product Group Report: Remanufacture of machine toolbits.
Remanufacture of tool bits is seen as a way to significantly reduce the costs of tooling. This 2006 report has been reformatted for 2009.
Wednesday, 7th February 2007
Bespoke bits can be reground by OEMs to bring them back into the original tolerances, for example expensive carbide and diamond cutting tools can be reground three or four times, normally at 30-50% of their original cost, so greatly reducing overall cost for the tool over its entire service lifetime. Mass produced bits are remanufactured by a large number of third party regrinders. This lower end of the market is affected by increasing imports of cheap tool bits where the cost of a new tool is so low that regrinding has a negligible economic benefit.
You may also be interested in the companion report on machine tools.
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CER to open SPARK Workshop on Circular Economy
David Fitzsimons, in his capacity as director of the European Remanufacturing Council (CER), will be opening a SPARK workshop event in Cardiff on 28th March.
CRR to facilitate at G7 Resource Efficiency Alliance inspired workshop in Brussels
David Parker and Edward Sims will be facilitating sessions of the EC / IRP Workshop in Brussels on 7 and 8 February on 'Promoting Remanufacturing, Refurbishment, Repair, and Direct Reuse'