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...Reman," as it's called in the trade, "is the rebirth of a product," says Nabil Nasr, a reman expert at the Rochester Institute of Technology in New York. It's not the same thing as repairing a broken part, which is often a short-term fix. In reman, once the disassembled bits are cleaned and reassembled, the result is as good as new. It's not a recent concept; Reman's roots go back around 100 years to the advent of the auto industry. And vehicle parts still comprise around 75% of the global market. But the industry...

Author: /time Magazine | Title: Born Again | 7/12/2007 | See Source »

...Remanufacturing is such a money spinner because of the low cost of the materials and energy it uses. Materials represent 70% of costs for a new product, but only 40% for a remanufactured one. And because there's less casting and smelting, a particularly power-hungry aspect of production processes, energy costs are up to 85% lower than in manufacturing new products. Consumers benefit, too. Remanufactured goods are equal in quality to new ones, but they're often 50-60% cheaper...

Author: /time Magazine | Title: Born Again | 7/12/2007 | See Source »

...elevator music, but it now supplies some 400,000 shops, restaurants and hotels around the world - including Gap, McDonald's and Burger King - with songs tailored to reflect their identity. "What we're trying to capture is a brand's essence," says Bob Finigan, Muzak's vice president of product and marketing. "We express the intangibles of a brand's identity - their company values, their position in the market - through the emotional power of music...

Author: /time Magazine | Title: Volume Control | 7/12/2007 | See Source »

...often mirror the sounds around them, a gently meandering mix of classical music or soothing ambient noise encourages shoppers to slow down and relax. And, says Denison, an unhurried consumer is exactly what retailers want: "If customers are moving less quickly, they're more likely to engage with a product and make a purchase...

Author: /time Magazine | Title: Volume Control | 7/12/2007 | See Source »

...agency responded Tuesday to applications from two tomato-product groups, including H.J. Heinz Co., which planned to tout the anticancer benefits of tomatoes on their product labels. After a review of dozens of studies, however, the FDA found that there was "very limited evidence" to support any association between tomato consumption and reduced risks of prostate, gastric and pancreatic cancers. As for the believed cancer-fighting effects of lycopene, the key anti-cancer fighting ingredient in tomatoes, the FDA was even more discouraging, saying there was "no credible evidence" to suggest that the chemical could reduce the risk of such...

Author: /time Magazine | Title: When Tomatoes Fight Cancer | 7/11/2007 | See Source »

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