Posts Tagged ‘Economy’

Appliance Parts Remanufacturer CoreCentric Solutions Expands in Struggling Economy

Thursday, December 22nd, 2011

Glendale Heights, IL (PRWEB) October 31, 2011

Surviving let alone thriving — in todays economy is a challenge for most businesses. Yet appliance parts remanufacturer CoreCentric Solutions (http://www.CoreCentricSolutions.com) 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, weve 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.

Were seeing budget-strapped homeowners choosing to repair their major appliances, saving up to 80% over replacement costs, said Wadia. People arent 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, theres 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 9001:2008 certification.

Looking forward, Wadia anticipates increased demand for the companys services, and plans to add up to 30 more jobs by the end of 2012. Were 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 worlds 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 http://www.CoreCentricSolutions.com.

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APPNATION Publishes Compelling New Report on the US App Economy

Sunday, December 4th, 2011


San Francisco, CA (PRWEB) November 28, 2011

APPNATION (http://www.appnationconference.com/appnation3/), the leading executive conference and exposition focused on the burgeoning consumer applications economy, today released How Big Is the US App Economy? Estimates and Forecasts 2011 2015, a new report on the growth of the US app economy and the app-enabled life of US consumers who depend daily on the content and functionality of apps to ensure the efficiency, awareness and success of their life activities. The new report is timed to coincide with APPNATION III, the international executive-level conference and dynamic, cutting-edge expo that will take place November 30 December 1, 2011 at The Concourse at the San Francisco Design Center. APPNATION III will feature companies from across the apps value chain and will focus on social and mobile apps across all devices and platforms including PCs, smartphones, tablets, Internet-enabled televisions, portable games, peripherals and a range of other current and emerging connected devices.

The commercialization of apps created for smartphones, tablets, eReaders, iPod Touch and other app-capable devices including apps that live within Facebook and Internet-enabled TV, has given rise to the ballooning growth of the app economy, stated Drew Ianni, Founder and Chairman of APPNATION. Our new report explores and analyzes the app economy through two specific devices smartphones and tablets while also analyzing the virtual app economy within Facebook, as well as in-app advertising, app download revenues and app-enabled commerce including virtual goods.

Key findings from the report include:

mobile