CHANTILLY, Va. The United States International Trade Commission recently held a hearing on the Remanufactured Goods Study it has undertaken, examining the scope of the U.S. remanufacturing industry.
The study will provide an idea of the size of the overall remanufacturing industry, including sales, employment, capital investment and trade of remanufactured goods, as well as cores.
The completed study will be available in late 2012 or early 2013 and will help U.S. Trade Representatives to develop policies that will remove any barriers to trade in remanufactured goods and cores, as well as encourage more remanufacturing worldwide.
APRA President Bill Gager applauded the study as a "real breakthrough" by the U.S. government in helping small business remanufacturers to export more products, as well as to provide some answers to the actual size of the industry and to the number of people employed.
Gager stated, “The fact that they are looking at all segments of the industry and not just the motor vehicle remanufacturing industry will help provide some clues as to the importance of our industry to protecting the environment.”
“Remanufacturing has been benefiting society for over 75 years. As China and other developing countries recognize the environmental and economical benefits of remanufacturing, the industries that service remanufacturers will also begin to prosper; namely companies that manufacture cleaning equipment, test equipment and other types of equipment that remanufacturers use to operate their businesses,” added Gager.
To view APRA’s full comments on the study, visit www.apra.org.