Location Strategy for Industrial Remanufacturing Center
Investment Consulting Associates was retained to assist Atlas Copco – a manufacturer of industrial tools – to find a location for their consolidated North American repair and remanufacturing center. The location needed to have excellent logistics capabilities to interface with their European parts suppliers and also to provide their customer base with expedited shipping of replacement parts through North America. Moreover, the community needed to be able to provide a workforce with the technical expertise needed to remanufacture fine tolerance machinery. This same workforce also needed the consultative and customer service skills essential to interfacing directly with Fortune 500 manufacturers to customize machine settings to the precise needs of the client.
ICA worked with Atlas Copco to perform an expedited location selection to choose among the shortlist contenders of Cincinnati, Elkhart, and Louisville. The team then arranged and performed in-field validation in each market to confirm key criteria. The expedited project was completed within one month, and Atlas Copco’s remanufacturing center opened in Louisville, KY.