Word: fisher
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...reman division were $1 billion in 2005 - a small share of the $36 billion in total revenues the company generated that year. Nevertheless, remanufacturing is one of Cat's fastest-growing units and it is expected to continue expanding by 12-15% a year through 2010. Steven L. Fisher, who heads Caterpillar's reman division, says Europe 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...
...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...
...Ronald M. Cohen, Richard R. Schrock, Richard A. Meserve, Stephanie D. Wilson ’88, and Lucy Fisher ’71 will all serve on the 30-person board for six years...
...Fisher has spent her career in Hollywood, where she currently serves as the co-head of Red Wagon Entertainment, a production company whose movies have won 10 Academy Awards...
...Though the established route up the mountain's south flank is precarious--barely wide enough to accommodate one climber at a time--no fewer than three expeditions had announced plans to begin their trek to the top that evening. Making things worse, two of the teams--Fisher's and Hall's--were the two largest on the mountain. All together, 33 people would be tramping the upward trail at the same time. For Breashears, this was reason enough to stay put. "We didn't like the way the weather looked," he says, "and now we were going to be crowded...