ERJ staff report (TB)
By Tire Business staff
Washington, DC - Retreaded tires and other remanufactured goods will be the focus of an analytical study by the US International Trade Commission (ITC) due out 28 Oct, according to the agency.
The study-â€œRemanufactured Goods: An Overview of the US and Global Industries, Markets, and Tradeâ€-is being prepared under the request of US Trade Representative Ron Kirk.
In a 28 June letter to the ITC, Kirk noted that remanufactured goods are found in a wide range of industry sectors including auto parts, heavy machinery, medical and office equipment, information and communications technology equipment and precision instruments.
â€œAmerican consumers and businesses purchase remanufactured products and use them in their daily activities, as they know that such products provide high-end performance at lower cost,â€ Kirk wrote. â€œRemanufacturing also provides significant environmental benefits, since it uses less material, energy and water than manufacturing goods from virgin material.â€
Little data have been compiled and analysed on remanufacturing industries, according to Kirk. â€œI believe that additional data collection and analysis will help remanufacturersâ€¦in growing their companies, accessing foreign markets and responding to increasing resource scarcity,â€ he wrote.
The study will cover the years 2009-2011 and cover the size and scope of remanufacturing in the US; the US market for remanufactured goods; US exports of remanufactured goods by sector and destination; and the factors affecting sales, trade and investment in US remanufactured goods.
The ITC will hold a hearing on the study at its headquarters 28 Feb 2012.. Those who wish to make presentations at the hearing must file their requests with the agency by 31 Jan and 9 Feb is the deadline for pre-hearing briefs and statements.
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Article on Tire Business (a Crain publication)