Troy, MI-based Meritor has received a prestigious global award from ReMaTecNews, an international news magazine and website for remanufacturing. ReMaTecNews, based in Amsterdam, has named Meritor is 2012 Remanufacturer of the Year.

The award is given to an organization serving the automotive or heavy-duty truck remanufacturing sectors and is based on a number of factors, including innovation, technical excellence, customer service and commitment to the promotion of the qualities of remanufacturing, Meritor said.

“Meritor is a global company that has set very high standards for everything it does in remanufacturing,” said William Schwarck, ReMaTecNews editor-in-chief and chairman of the panel of judges. “We are proud that this year’s winner is of such high caliber and advanced skills and is taking remanufacturing to a new level.”

Meritor has eight remanufacturing sites in five countries processing more than 40,000 tons of cores or original components annually. The company recycles more than 30,000 tons of metal each year and recycles 90% of all waste generated from its operations.

“This award is a direct reflection of our companywide commitment to sustainability and, more important, our employees who drive for excellence in remanufacturing operations,” said Doug Wolma, general manager, Global Aftermarket Operations, who accepted the award at the World Reman Summit in Bayreuth, Germany on Sept. 3. “Meritor firmly believes in the value remanufacturing brings to our company and our industry.”

This is the second remanufacturing award won by Meritor since 2010. That year, the company was named the 2010 HDRG Heavy Duty Remanufacturer of the Year. Meritor has invested more than $8 million in process upgrades to its global operations in the last five years, including $2.7 million earlier this year in new equipment for its Plainfield, IN, facility, which remanufactures commercial truck components while preserving raw materials.