OEM Remanufacturing

What OEM Remanufacturing does

OEM Remanufacturing is a heavy equipment engine and powertrain component remanufacturing company operating from a 310,000 sq ft purpose-built facility in Edmonton, Alberta. Established on January 1, 2004 through the amalgamation of Headhunters Diesel Ltd. (founded 1956) and Reliable Engine Company (founded 1966), the business carries 86 years of combined remanufacturing heritage and serves as the premier component remanufacturing partner for Caterpillar Equipment and Finning in Western Canada. The company is a wholly-owned subsidiary of Finning International Inc. following a $65 million investment by Finning in June 2004 to construct the current world-class facility.

The company's product portfolio spans large components (Caterpillar C27-C175, 3500 Series Diesel, and 3600 Natural Gas engines, transmissions, torque converters, differentials, wheel drivers, shovel gear cases, hydraulic cylinders), small components (turbochargers, gear and vane pumps, piston pumps and motors, control valves, cylinder heads), and undercarriage components (track rollers, track idlers). All components are rebuilt through a six-stage process — Disassembly, Inspection, Salvage, Assembly, Testing, and Painting and Shipping — incorporating proprietary techniques such as advanced surface technology for cylinder coating, metal arc spray welding, lock-and-stitch cylinder block repair, CNC machining in a 70,000 sq ft machine shop, and 4000 HP dynamometer testing under full-load operating conditions. The facility is engineered with strict contamination control standards meeting Caterpillar's requirements.

OEM Reman distributes its output exclusively through the Finning Exchange program in Western Canada, serving customers in the resource/mining, construction, energy (gas compression and well servicing), and transportation sectors. Revenue is generated through exchange transactions whereby customers receive remanufactured components to like-new Caterpillar specifications — incorporating all technical updates and service letter information — at reduced prices versus new parts and with immediate availability rather than repair-cycle wait times. The 501-1,000 employee workforce is hourly-unionized through IUOE Local 955, with Finning offering cross-organizational career advancement. Approximately every component is remanufactured to the latest specifications; this circular-economy model with warranty provides both cost and sustainability benefits to enterprise customers.

Name

OEM Remanufacturing

Legal name

O.E.M. Remanufacturing Company Inc.

Website

https://oemreman.com

Company type

Private

Founded year

2004

Operating status

Operating

Headcount range

501–1,000 employees

Short description

OEM Remanufacturing is a wholly-owned Finning International subsidiary that remanufactures heavy equipment engines, transmissions, and powertrain components for Caterpillar equipment, serving resource, construction, energy, and transportation customers across Western Canada via the Finning Exchange program from its 310,000 sq ft Edmonton facility.

Ownership category

akta.pro rank

Product category

Heavy Equipment Component Remanufacturing

NAICS

Commercial and Industrial Machinery and Equipment (except Automotive and Electronic) Repair and Maintenance (8113), Agriculture, Construction, and Mining Machinery Manufacturing (3331)

SIC

Construction, Mining & Materials Handling Machinery & Equip (3530), Wholesale-Motor Vehicle Supplies & New Parts (5013)

akta.pro primary industry

Engines (Diesel/Gasoline/Natural Gas) Rebuild & Remanufacturing (TLAKALAA)

akta.pro secondary industries

Transmissions & Transaxles Rebuild/Remanufacturing (Automatic/Manual/DCT/CVT) (TLAKALAB), Cylinder Heads, Blocks & Rotating Assemblies Machining/Rebuild Services (TLAKALAG)

Keywords

• Heavy equipment remanufacturing
• Engine component exchange
• Caterpillar dealer parts
• Powertrain rebuilding
• Industrial component remanufacturing

Headquarters

HQ city

Edmonton

HQ country

Canada

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Operations, Infrastructure, Supply Chain, Technology or R&D

Revenue model

1. Component Exchange Program: OEM Reman remanufactures heavy equipment components (engines, transmissions, torque converters, differentials, etc.) to like-new Caterpillar specifications. Customers exchange used components for remanufactured replacements, paying a reduced price compared to new components with no waiting time. Revenue is generated through the sale of remanufactured exchange components to customers via the Finning Exchange program.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels3 records

Core offering

OEM Remanufacturing remanufactures heavy equipment engine and powertrain components—including large engines (C27-C175, 3500 Series Diesel, 3600 Natural Gas), transmissions, torque converters, differentials, turbochargers, pumps, control valves, and undercarriage parts—to like-new Caterpillar specifications. Customers exchange used components for remanufactured replacements through the Finning Exchange program, receiving immediate availability, reduced pricing versus new parts, and universal warranty. All remanufacturing is performed through a six-stage process (Disassembly, Inspection, Salvage, Assembly, Testing, Painting and Shipping) at a 310,000 sq ft Edmonton, Alberta facility.

Product overview

OEM Remanufacturing operates as a component exchange program provider for Caterpillar heavy equipment through a partnership with Finning. The core offering is the Finning Exchange Program, which provides rebuilt components to like-new specifications at reduced prices. The product portfolio encompasses three main categories: Large Components (engines including C27-C175, 3500 Series Diesel, and 3600 Natural Gas; plus transmissions, torque converters, differentials, wheel drivers, shovel gear cases, and hydraulic cylinders), Small Components (turbochargers, gear and vane pumps, piston pumps and motors, control valves, and cylinder heads), and Undercarriage (track rollers and track idlers). All components are remanufactured through a six-stage process—Disassembly, Inspection, Salvage, Assembly, Testing, and Painting and Shipping—at their 310,000 square foot Edmonton, Alberta facility.

Differentiator

Problem solved

Functional benefit

Products and services

• Finning Exchange Component Program A component exchange program for Caterpillar heavy equipment that offers rebuilt components to like-new specifications at reduced prices with immediate availability through Finning's distribution network. Customers exchange used components for remanufactured replacements, paying a reduced price compared to new components.
• Large Components (Engines, Transmissions, Drivetrain) Heavy-duty remanufactured exchange components including engines (C27-C175, 3500 Series Diesel, 3600 Natural Gas), transmissions, torque converters, differentials, wheel drivers, shovel gear cases, and hydraulic cylinders for mining and construction equipment.
• Small Components (Pumps, Valves, Turbochargers) Precision remanufactured exchange components including turbochargers, gear and vane pumps, piston pumps and motors, control valves, and cylinder heads for Caterpillar equipment.
• Undercarriage Components Remanufactured track system exchange components including track rollers and track idlers for heavy equipment undercarriage applications.
• Six-Stage Remanufacturing Process A systematic remanufacturing workflow comprising six stages: Disassembly (inspection and careful teardown), Inspection (measuring and determining reusability), Salvage (machining work using advanced technology in 70,000 sq ft machine shop), Assembly (by product-specific technicians in specialized teams), Testing (full horsepower dynamometer testing with computer-controlled benches), and Painting and Shipping (protective packaging and delivery).

Quantifiable outcome

• Components remanufactured to latest specifications incorporating all technical changes including service letter information
• +2 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

Three partnerships are on record, tiered core and minor.

• CaterpillarcoreStrategic or Co-development PartnerOEM Reman is the premier component remanufacturing partner for Caterpillar Equipment in Western Canada. Components are remanufactured to like-new Caterpillar specifications following industry leading safety practices. Facility meets Caterpillar's strictest contamination control standards. Company works closely with Caterpillar to expand piece-part reuse criteria and increase salvage opportunities.
• Finning (Canada)coreChannel Partner/ Reseller/ DistributorFinning (Canada) distributes OEM Reman's remanufactured components through the Finning Exchange program. For component availability questions, customers contact Finning at 1-888-FINNING. The Finning Exchange offers superior product quality, universal warranty, and industry leading availability with Finning's everyday value added services.
• IUOE Local 955minorOthersHourly workforce is proudly represented by IUOE Local 955 union. Working in a team structure with competitive compensation and benefits supplemented by a matching pension plan.

Scale indicators6 records

Recent moves7 records

Expansion highlights4 records

Direct peers

• Dana Incorporated: Manufactures and remanufactures drivetrain and powertrain components (axles, driveshafts, transmissions) for commercial vehicles and heavy equipment. Direct peer in reman driveline and powertrain components.
• Waukesha-Pearce Industries: Distributor and engine remanufacturer for heavy equipment, oil & gas, and power-generation customers. Comparable as a focused engine and powertrain reman service provider serving industrial end markets.
• ZF Friedrichshafen AG: Operates ZF Reman for transmissions, driveline components, and electronic controls across commercial vehicles and heavy equipment. Comparable as a direct powertrain reman competitor serving similar industrial customers.
• Cummins Inc. Operates Cummins ReCon and a global remanufacturing business for diesel engines and components. Highly comparable as a direct competitor in engine and powertrain reman for industrial and heavy-duty applications.
• Detroit Diesel Corporation: Diesel engine manufacturer and remanufacturer servicing heavy equipment, mining, and power generation markets. Direct peer in diesel engine reman and exchange programs for industrial customers.
• Bosch (Automotive Aftermarket): Runs a global remanufacturing exchange program for diesel fuel injection, starters, alternators, and hydraulic components. Comparable as a direct competitor in component reman and exchange programs for industrial diesel applications.
• Rolls-Royce Power Systems (MTU): Manufactures large diesel and gas engines under the MTU brand and provides engine reman/services for mining, energy, and rail. Direct peer in large-engine reman and powertrain services for resource industries.

Broad incumbents

• Progress Rail Services: A Caterpillar subsidiary that remanufactures rail and heavy equipment engines and components. Comparable as a broad incumbent with similar large-engine reman capability and strong parent backing.
• Caterpillar Inc. OEM of the heavy equipment that OEM Reman remanufactures and runs the global Cat Reman program. Comparable as a broad incumbent with overlapping engine and powertrain reman capability spanning far more geographies and product lines.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/OEMReman
• Facebookfacebook.com/OEMRemanufacturing
• LinkedInlinkedin.com/company/oem-remanufacturing

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about OEM Remanufacturing