CRS REPROCESSING SERVICES ANNOUNCES MULTI-YEAR CONTRACT WITH BOSCH
New Deal Also Includes Significant Expansion of Services
Louisville, KY (May 26, 2010) — CRS Reprocessing Services, LLC (CRS) recently signed an exclusive, multi-year contract extension with Bosch Solar Energy. The contract renews the ongoing relationship between the two companies while increasing CRS’s role in two Bosch locations. The contract runs through 2014 and is eligible for renewal.
“Even though we are the incumbent with Bosch, this contract is a big ‘win’ for us,” said Wolfram Schimke, general manager of CRS’s European operations. “They recognized the expertise of our team and believe strongly in our strategic long-term relationship. Therefore, this contract is a big challenge to continue to demonstrate the high quality of our team and the service we provide.”
The terms of the new contract call for CRS to provide service at the Bosch facilities in Arnstadt, Thuringia, Germany, where Bosch manufactures photovoltaic wafers and cells for use in the solar industry. CRS’s solution was custom-designed to meet Bosch’s expansion needs. In 2011 CRS will be processing more than 1,800 metric tons of slurry each month, and significant additional capacity is in place to support Bosch’s expansion plans.
“As one of the leading manufacturers in this industry, Bosch’s position in the industry is a European success story. The integration of CRS’s service quality with the expertise of Bosch creates an optimal situation for both companies,” added Schimke.
“CRS’s unique on-site model and their close partnership with us were key factors in our decision,” said Lars-Oliver Stock, managing director of Bosch Solar Energy. “They provide quality-driven support, which we have experienced for several years.
“We trust CRS and the relationship we’ve built together. We are confident in their ability to handle our reprocessing services in a high-quality and competitive fashion. Based on our calculations, Bosch is able to lower our total cost of ownership by having CRS handle our reprocessing and their continuous improvement programs are an exceptional value-added proposition for us,” concluded Stock.
About CRS Reprocessing Services
CRS is a global partner in fluid reprocessing management, offering people, technology and services to efficiently handle industrial fluids for manufacturing facilities. With 30 years of expertise and operations in the U.S., Europe and Asia, the company’s custom-built, on-site reprocessing facilities economically transform used fluids back to customer-specified performance levels, allowing high-yield waste recovery and lower unit costs.
The company’s private-equity partners have a combined portfolio value in excess of $1 billion, giving it the capital resources to expand operations across the U.S., Europe and Asia and the opportunity to provide engineered reprocessing solutions worldwide.