Word: englands
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Dates: during 2000-2009
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...reassembled. After it's passed strict tests to ensure it meets standards, the "remanufactured" engine will spend another four to five years in service before it's ready for another makeover. Thanks to remanufacturing, its life could total 45 years. Welcome to Caterpillar's Remanufacturing Services plant in Shrewsbury, England, where dead vehicle parts are resurrected...
...offers particularly alluring growth opportunities because, unlike in the Americas, its market is highly fragmented, "with no dominant players." Christophe Decaix, manager of the reman program for auto-parts supplier Bosch, agrees: "There is definitely room for consolidation." Indeed, Cat recently acquired two rival operators: Wealdstone Engineering in Rushden, England, and France's Eurenov. Asia, meanwhile, may one day prove to be equally fertile territory, as the concept of remanufacturing is only just catching on there...
...three-year-old plant in England's West Midlands was Cat's first European facility. Each month, it processes 15,000 worn-out, grime-encrusted engines and parts. Caterpillar has moved beyond remanufacturing just its own diesel engines and components; 40% of the automotive, truck, rail and marine motors and parts remanufactured in Shrewsbury were originally built by other companies. Fisher calls reman a "nicely profitable business." How profitable? Cat does not break out the figures, but Fisher says the returns are "above average," and Nasr notes that profit margins for some reman goods are double those of new products...
...favorite professional athlete in sport today? That's a great question. I enjoy watching [New England Patriots quarterback] Tom Brady a lot. With him coming out of college and being an underdog--no one giving him a chance--what he has become as a professional athlete has exceeded expectations and more. And with him, it's definitely all about the fourth quarter...
Traveling widely and feted by the wealthy and well-connected, Garibaldi was a favorite in Victorian England of what historian Rohan McWilliams calls a precursor to the "radical chic" crowd. His mix of egalitarianism, insurgent tactics and rugged sex appeal made him a forerunner of Argentine Marxist Che Guevara. Though T-shirts may be rare, after his death Garibaldi's name would adorn monuments, towns and mountain ranges from Rome to New York City, from Russia to Brazil...