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OPPORTUNITY KNOCKS FOR SHAFTEC AT REMATEC

05/08/2019

Shaftec has declared its first visit to ReMaTec – Europe’s leading remanufacturing exhibition – a success: both in terms of reinforcing its position within the UK and in generating a great deal of interest in its abilities as remanufacturer capable of servicing the European left-hand-drive market.

Visitors from across Europe visited the stand to enquire about Shaftec’s remanufacturing processes and product portfolio, as well as its future business strategy. “We spoke to a lot of people – potential customers and core dealers - and they were all very impressed,” commented Tom Curtis, Shaftec Director. “The Shaftec brand is growing rapidly and there’s a great deal of confidence in it. I think our early move towards EPS, excellent engineering capabilities & stringent testing process, together with a warranty offer as new and the fact that our operation is carried out under one roof at our UK facility, were all major contributors to the interest – and indeed to our continued success.

 

“Many visitors outside of the UK had heard of us as we already do some business in Europe. The general consensus is that we’ve hit on the perfect recipe for success. With our skills and expertise, there’s no reason why we can’t fulfil the needs of a wider European market. Development plans are in progress,” he promised.

 

The business chose ReMaTec’s 10th anniversary exhibition as a platform to highlight its position as a leading remanufacturer of braking, steering & transmission automotive parts.

ReMaTec is Europe’s biggest remanufacturing trade show and took place at the RAI in Amsterdam on 23-25 June 2019. Supported by among others, leading industry Bodies: APRA (Automotive Parts Remanufacturers Association) and FIRM (International Federation of Engine Remanufacturers & Rebuilders), the show attracted more than 3000 visitors and  showcased more than a million parts and components.

 

Shaftec has invested heavily in its remanufacturing facilities in recent years. Business growth was the driver behind its 2015 facility expansion and subsequent mezzanine floor addition in early 2018. The business now operates from a site totaling 4000m².

 

Advances in technology increasingly widen the scope of components and systems suitable for remanufacture, as shown in the clear industry shift towards mechatronic components. Demand increases the scale. Sales of Shaftec branded remanufactured Electric Power Steering (EPS) products were up 30 percent this June compared to last clearly illustrate this.

 

Marc Wise, Shaftec Export Sales Manager explains: “Remanufacturing is the way forward for those who want to hold a broad range of product. At Shaftec we offer a variety of parts from fast moving to niche references and by keeping a close eye on build costs, we’re able to remain competitive and confident we’re providing a quality product.

 

“In the long term, due to efficiency, sustainability and more sensible use of resources, remanufacturing is clearly the way forward where possible. We remanufacture OE core to offer performance as the VM intended, offer guaranteed re-engineering expertise and adhere to stringent testing procedures.”