CRP Industries Earns Best Reman Business Innovation Award for AAE Steering Systems Brand at ReMaTec 2019

Globally recognized for introducing Lean principles and semi-automation to its supply chain management

Cranbury, NJ…CRP Industries (crpindustries.com), a leader in automotive parts and industrial products, has earned the prestigious Best Reman Business Innovation Award from ReMaTec, the world’s leading platform for remanufacturing and remanufacturing news. The award, which was given during the Remanufacturer of the Year Awards in June 2019, recognizes CRP Industries for its AAE Steering Systems Components brand, which features a wide range of remanufactured electric power steering (EPS) systems components. The ceremony took place during ReMaTec 2019, held in Amsterdam, The Netherlands.

The Best Reman Business Innovation award, one of only three awards presented at the opening ceremonies, was judged by a panel of remanufacturing industry experts. CRP Industries was praised for its introduction of Lean principles and semi-automation to its supply chain management at its North Carolina manufacturing facility. The company has implemented new processes across its AAE Steering Systems reman functions, and these innovations have not only had a very positive effect on efficiency, but also helped to support an aggressive and successful EPS product launch.

Founded in 2005, the Remanufacturer of the Year Award is the most prestigious honor in remanufacturing, and has been given to some of the most prominent names in the reman industry. Representing CRP Industries at the award ceremony and accepting the award were Scott Shea, CRP Industries Chief Operating Officer and Jack Bordeau, CRP Industries Director of Remanufacturing and Steering.

Scott Shea spoke on receiving the award and noted, “This is very exciting for CRP. We are a third-generation family-owned company and a relatively new player in the reman industry. We recognize what competition we have in terms of companies that are much larger and have been remanufacturing for decades, and they are some very big names. We've been determined to become a leader in the industry since we entered the market in 2015, and we believe we are at the forefront of technology and it's great to be recognized for that.”

About ReMaTec

ReMaTec is the world’s largest remanufacturing show and is organized by RAI Amsterdam and is supported by the leading trade organizations APRA Europe (Auto Parts Remanufacturers Association) and FIRM (International Association of Engine Rebuilders and Remanufacturers). The main visitor groups are vehicle manufacturers, original components & parts manufacturers, remanufacturers, rebuilders, distributors, importers and suppliers to the remanufacturing firms. Industries active in remanufacturing are e.g. Automotive, Heavy Duty and Industrial Engines, Wind Power, IT & Electronics. More information at: www.rematec.com

About AAE

CRP offers in its AAE brand a wide range of OE-quality steering system components for import and domestic vehicles. The AAE programs include EPS and HPS new and remanufactured parts, as well as EHPS remanufactured parts. Every AAE part undergoes rigorous testing and quality control, leading to one of the lowest warranty rates in the industry. All AAE remanufacturing is done in the USA, ensuring that only high-quality, 100% tested components wear the AAE tag.

About CRP Industries

CRP Industries is a leader in the automotive parts and industrial products sectors. The company provides products from some of the most recognized brand names in the NAFTA market, AAE Steering System Components, Rein® Automotive Parts and Accessories, Continental Automotive Belts and Kits, Pentosin Technical Fluids, AJUSA Engine Parts, Reinflex® High-Pressure Thermoplastic Hoses, and Perske® High-Speed Motors. CRP Industries Inc. operates key office facilities and distribution centers throughout North America.

For additional information, visit: www.crpautomotive.com

Contact:

Monika LaPrete

Marketing Communications Director

CRP Automotive

35 Commerce Drive

Cranbury, NJ 08512

Phone: (609) 578.4100

Fax: (609) 578.4050

Email: mlaprete@crpindustries.com

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