SRC of Lexington

What SRC of Lexington does

SRC of Lexington was a Kentucky-based heavy equipment remanufacturing company that specialized in restoring major wear and high-value components for construction and mining equipment. The company's portfolio spanned engines, transmissions, hydraulic cylinders, power modules, final drives, differentials, pumps, motors, electronics, fuel injection components, turbochargers, starters, alternators, air compressors, and brakes. Its remanufactured components were built to OEM-equivalent specifications with all critical wear parts — including bearings, seals, gaskets, pistons, piston rings, and O-rings — replaced with new components, delivering like-new performance backed by industry-leading warranty.

The company employed approximately 180 people and carried three decades of remanufacturing expertise. Its technical processes included clean-room environments for pumps, motors, and electronics remanufacturing, robotic diagnostics and precision welding for circuit board work, and factory-specification assembly for fuel injection components. The company operated as a B2B enterprise serving large mining and construction operations through direct field sales, focused on life-extension strategies for large haul trucks and shovels at remote mine sites. Remanufactured components reportedly deliver 20-30% higher margins than new component production within Komatsu's broader segment.

SRC of Lexington was acquired by Komatsu North America in an asset-based transaction completed in February 2026 and rebranded as Komatsu's Lexington Remanufacturing Operation. The acquisition integrated SRC into Komatsu's vertical supply chain strategy for North American mining and extraction operations. Komatsu's broader remanufacturing business grew approximately four times between fiscal years 2010 and 2024, signaling strong segment momentum that the Lexington operation now supports.

Name

SRC of Lexington

Legal name

SRC of Lexington

Website

https://srclexington.com

Company type

Private

Founded year

2009

Operating status

Acquired

Headcount range

11–50 employees

Short description

SRC of Lexington was a Kentucky-based heavy equipment remanufacturer specializing in engines, transmissions, hydraulics, and power modules for construction and mining equipment. It served enterprise mining and construction operators and was acquired by Komatsu North America in February 2026.

Ownership category

akta.pro rank

Product category

Heavy Equipment Remanufacturing

NAICS

Construction Machinery Manufacturing (333120), Mining Machinery and Equipment Manufacturing (333131), Agriculture, Construction, and Mining Machinery Manufacturing (3331)

SIC

Construction, Mining & Materials Handling Machinery & Equip (3530), Construction Machinery & Equip (3531), Mining Machinery & Equip (No Oil & Gas Field Mach & Equip) (3532)

akta.pro primary industry

Cylinder Heads, Blocks & Rotating Assemblies Machining/Rebuild Services (TLAKALAG)

akta.pro secondary industries

Differentials, Axles & Final Drive Rebuild/Remanufacturing (TLAKALAC), Starter, Alternator & Motor/Generator Rebuild/Remanufacturing (TLAKALAM), Clutch, Torque Converter & Flywheel Rebuild/Remanufacturing (TLAKALAL), Powertrain Electronics & Controls Remanufacturing (ECUs/TCUs, Mechatronics) (TLAKALAJ), Cooling, Lubrication & Air Induction Component Rebuild/Remanufacturing (Oil pumps, water pumps, EGR) (TLAKALAK)

Keywords

• Heavy equipment remanufacturing
• Hydraulic component rebuilding
• Engine remanufacturing services
• Mining equipment parts
• Powertrain component remanufacturing

Headquarters

HQ city

Lexington

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Heavy Equipment Component Remanufacturing: Remanufacturing of major wear and high-value items such as engines, transmissions, and hydraulic components for construction and mining equipment. Supports life-extension strategies for large haul trucks and shovels at mining sites. Remanufactured components typically deliver 20-30% higher margins than new component production

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

SRC of Lexington remanufactured heavy equipment components for construction and mining machinery, focusing on major wear and high-value items such as engines, transmissions, hydraulic components, power modules, final drives, differentials, pumps, motors, electronics, turbochargers, and braking systems. The company supported life-extension strategies for large haul trucks, shovels, and mixed-fleet equipment, replacing critical wear and sealing components with new OEM-spec parts to deliver like-new performance at a fraction of the cost of new components.

Product overview

SRC of Lexington was a Kentucky-based heavy equipment remanufacturing company offering a comprehensive portfolio of remanufactured components and services for construction and mining equipment. The company specialized in remanufacturing major wear and high-value items including engines, transmissions, hydraulic components, power modules, final drives, differentials, pumps, motors, electronics, fuel injection components, turbochargers, starters, alternators, air compressors, and brakes. The portfolio included 180 employees and three decades of remanufacturing expertise, supporting lifecycle extension strategies for large mining machinery. SRC of Lexington has since been acquired by Komatsu and rebranded as Komatsu's Lexington Remanufacturing Operation, integrating into Komatsu's broader remanufacturing and service ecosystem that includes machine assembly and rebuild programs.

Differentiator

Problem solved

Functional benefit

Products and services

• Remanufactured Engines Engine components remanufactured to factory specifications with critical upgrades including new bearings, seals, gaskets, pistons, piston rings, and O-rings. Designed for mixed-fleet customers including competitive equipment and backed by a 12-month unlimited hour warranty.
• Remanufactured Transmissions Transmissions remanufactured using Komatsu's unique transmission/torqueflow designs for responsiveness, speed, and durability. Seals, O-rings, bearings, and other critical components are replaced with new Komatsu parts to deliver like-new performance.
• Power Modules Powertrain components built to deliver factory specification performance, achieving speed, braking, and responsiveness requirements on mining and construction equipment with critical seals, O-rings, and bearings replaced with new parts.
• Final Drives and Differentials Specialized remanufactured components that efficiently convert torque to traction for operation under challenging job site ground conditions, with seals, gaskets, bearings, and O-rings replaced with new parts.
• Hydraulic Cylinders Complete cylinder assembly exchange or individual rod/barrel exchange options. Cylinders are disassembled, fully inspected, and remanufactured to current Komatsu specifications with all wear and sealing items replaced with new parts.
• Pumps and Motors Remanufactured and tested in a positive air-pressure and temperature-controlled clean-room environment to meet strict cleanliness requirements, performing at extremely tight engineering tolerances and high operating pressures.
• Electronics Like-new cards, panels, controllers, and electronic components produced under full laboratory conditions with controlled air temperature and pressure, anti-static floors, and workbenches. Robotic technology is used for circuit and component diagnosis and precision welding, with testing on simulators reproducing real Komatsu machine functions.
• Fuel Injection Components Assembled by factory-trained technicians, calibrated to match original factory specifications, and tested to same-as-new performance characteristics. Supported by extensive inventory and off-the-shelf availability.
• Turbochargers Remanufactured in a clean-room environment incorporating Komatsu's advanced turbocharger technology. Coverage of leading turbocharger manufacturers with more than 3,000 turbochargers in stock and ready for shipment.
• Starters and Alternators Broad range of genuine Komatsu electrical components functionally tested on factory specification equipment, providing a perfect fit for Komatsu machines with in-stock availability for immediate shipping.
• Air Compressors Remanufactured to deliver the operating pressure necessary for the efficient function of the machine's braking system, with all rubber parts, seals, gaskets, and washers replaced for like-new performance.
• Brakes Wet and dry brake assemblies remanufactured to deliver stopping power equal to original components, designed to perform under the most challenging operating conditions in mining and construction applications.
• Machine Assembly Expertise in planning and project management with strict adherence to quality processes and standards for new machine assembly, including commissioning, re-commissioning, custom fabrication, and resale/relocation services.
• Service and Rebuild Programs Tailor-made service and rebuild programs designed to return machines to original specifications and performance, including component exchange programs, on-site technical support, shop services, and engineered solutions.

Quantifiable outcome

• Remanufactured components deliver 20-30% higher margins than new component production (Komatsu's broader remanufacturing business)
• +1 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Komatsu North AmericacoreStrategic or Co-development Partner · 1 February 2026Komatsu North America acquired the assets of SRC of Lexington in an asset-based transaction targeting completion by February 28, 2026. The acquisition provided Komatsu with a 180-person workforce, three decades of remanufacturing expertise, and domestic capacity to serve North American mining and extraction operations. SRC of Lexington is now known as Komatsu's Lexington Remanufacturing Operation. The deal consolidated the remanufacturing supply chain, supporting lifecycle extension strategies for large mining machinery and enhancing Komatsu's vertical integration strategy.

Scale indicators4 records

Recent moves3 records

Expansion highlights4 records

Direct peers

• WAI Global: WAI Global remanufactures alternators, starters and other rotating electrical components for heavy-duty and off-road equipment, directly overlapping SRC's starters/alternators product line.
• Allison Transmission: Allison remanufactures heavy-duty transmissions and reman exchange programs serving mining trucks, haul trucks and construction equipment, the same transmission-rebuild segment SRC competed in.
• Caterpillar Reman: Caterpillar's remanufacturing division offers reman engines, transmissions, final drives and hydraulics for heavy mining and construction equipment — the closest direct competitor to SRC of Lexington across the same product categories and customer base.
• Liebherr Reman: Liebherr offers remanufactured components and overhaul services for mining trucks and excavators, directly comparable to SRC's powertrain and hydraulic reman capabilities.
• Cummins ReCon: Cummins' ReCon engine remanufacturing program rebuilds heavy-duty diesel engines for construction, mining and industrial equipment, directly overlapping SRC's core engine reman offering.
• Volvo CE Reman: Volvo Construction Equipment operates a remanufactured components program covering engines, transmissions and hydraulic components for heavy construction and quarry equipment, comparable in model and customer focus.
• John Deere Reman: John Deere's remanufactured components program rebuilds engines, powertrains and hydraulic components for construction and forestry equipment, mirroring SRC's mixed-fleet reman business.

Broad incumbents

• Hitachi Construction Machinery: Hitachi Construction Machinery is a major mining and construction OEM with an aftermarket reman program for excavators and mining shovels, overlapping SRC's customer base but as part of a broader equipment portfolio.
• Epiroc: Epiroc serves the mining and infrastructure equipment market with remanufacturing and component-rebuild services for drill rigs, loaders and underground equipment — an adjacent OEM reman capability rather than a direct competitor in powertrain components.
• Bosch Automotive Aftermarket: Bosch's automotive aftermarket division remanufactures fuel injection components, starters, alternators and electronics for heavy commercial and off-road vehicles, partially overlapping SRC's electronic and fuel system reman offerings at significantly broader scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/srclexington
• Facebookfacebook.com/SRCofLexington
• LinkedInlinkedin.com/company/src-of-lexington

Revenue estimate

Valuation estimate

Number of profiles

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 SRC of Lexington