Appliance Parts Remanufacturer CoreCentric Solutions Expands in Struggling Economy
FOR IMMEDIATE RELEASE
GLENDALE HEIGHTS, IL , Oct. 25, 2011 — Surviving – let alone thriving — in today’s economy is a challenge for most businesses. Yet appliance parts remanufacturer CoreCentric Solutions has done just that, adding revenues and U.S.-based jobs while leading its industry.“Since January 2010, at a time when most appliance manufacturers have moved operations overseas, we’ve added more than 100 jobs to our Chicago-area operations. Our total employment has increased by over 150% as a result of the new hires, which are mainly in production, warehousing, customer service, engineering, sales and marketing,” said Badal R. Wadia, CoreCentric Solutions President and CEO. Revenues of the privately held company, which sells products and services to homeowners, repair professionals and manufacturers worldwide, also increased 30% over the same period, he added.
“We’re seeing budget-strapped homeowners choosing to repair their major appliances, saving up to 80% over replacement costs,” said Wadia. “People aren’t moving as frequently as they once did, and are spending more time at home. Many have high-quality older appliances that they have invested in and want to continue to use. Plus, there’s the growing desire to live greener, and reduce the number of discarded appliances.”
As manufacturers introduce appliances with upgraded features and discontinue repair parts for older models, CoreCentric Solutions fills the void. It currently rebuilds more than 20,000 components each month for leading brands including Kenmore, Whirlpool, Jenn-Air, Kitchenaid, Maytag, Bosch, Thermador, Dacor, Electrolux, Frigidaire, GE, LG, NordicTrack, and Proform. It also offers a quick-turnaround (as little as 48 hours) return-for-repair service.
Since its 1995 founding, CoreCentric Solutions has implemented a long list of quality and technology initiatives that are unprecedented in its industry. Examples include automatic technical upgrades, a six-month guarantee on all parts, and telephone customer support. It has achieved an A+ rating from the Better Business Bureau, and holds an ISO 9001:2015 certification.
Looking forward, Wadia anticipates increased demand for the company’s services, and plans to add up to 30 more jobs by the end of 2012. “We’re proud to be contributing to the local and U.S. economy, and look forward to continuing to bring the highest quality to the remanufactured parts industry.”
About CoreCentric Solutions
Founded in 1995, CoreCentric Solutions, formerly CG Industries, Ltd., has become a leader in reverse logistics supply chain service solutions. From its headquarters just outside Chicago, CoreCentric Solutions provides customized product and part lifecycle management and remanufacturing solutions to some of the largest U.S. retailers and the world’s major appliance manufacturers. The company is dedicated to collaborating with its customers to provide the highest quality remanufactured parts and innovative value added sustainable service and logistics solutions available. For more information, visit www.CoreCentricSolutions.com.