Caterpillar Opens Singapore Reman Facility

May 24, 2011

Caterpillar announced the official opening of a new remanufacturing facility in Singapore. The 20,000-square-meter (215,278 square foot) building will serve as the regional source for remanufactured major components for large off-highway trucks and other mining equipment, including engines, transmissions, final drives and torque converters.

“This new Singapore facility will expand our capability to provide unmatched
customer support to the mining industry of Asia,” said Greg Folley, Caterpillar vice
president with responsibility for the Remanufacturing & Components Division.
“Remanufacturing is an attractive, growing and sustainable industry. Our investment here is another illustration of Caterpillar’s commitment to customers and sustainable
development in Asia. Together with our remanufacturing facility in Shanghai, China, we now provide an unmatched combination of availability, cost, and regional support for our Asia-Pacific customers.”

Caterpillar’s remanufacturing operations return end-of-life components to their
original “same-as-when-new” condition in terms of reliability, durability and
performance. Remanufacturing reduces waste, minimizes the need for raw materials to produce new parts and supports Caterpillars value proposition of providing customers with the lowest life cycle cost over the life of a product.

“This new facility’s position has been strengthened through a partnership with
Singapore’s Economic Development Board (EDB),” said Mark DuBois, Singapore
facility manager for the Remanufacturing & Components Division. “Thanks to their
support, we are able to support this growing business from Singapore. Ultimately, it
enables us to better partner with our dealers and customers to provide a low-cost repair option that reduces downtime, improves equipment availability and drives down operating costs.”

“Cat Reman makes one of the greatest contributions to sustainable development
by keeping nonrenewable resources in circulation for multiple lifetimes,” said Frank Li, Asia-Pacific general manager for Caterpillar’s Remanufacturing & Components Division. “Sustainability is also built into the Singapore facility itself through a number of features that will have a positive environmental impact.”

In recognition of these features, the facility received the Green Mark Gold Plus
award from the country’s Building Construction Authority. Green Mark Gold Plus
requires a 25 percent reduction in energy consumption that has been achieved by the
building design, materials used and equipment efficiency.