Capstone Announces the 4-Year Results of its Extensive Parts Remanufacturing Program, Resulting in a Cumulative $15 Million Savings in Aftermarket Costs

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Jul 30, 2019
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VAN NUYS, CA / ACCESSWIRE / July 30, 2019 / Capstone Turbine Corporation (www.capstoneturbine.com) (NASDAQ:CPST), the world’s leading clean technology manufacturer of microturbine energy systems, announced today the results from four years of its Extensive Parts Remanufacturing (EPR) program, implemented back in 2015, to reduce material costs associated with the company’s expanding aftermarket service business. The cumulative results have generated $15 million in cumulative savings since inception, demonstrating the continued sustainable progress against its strategic initiative to increase gross margin and achieve its near-term profitability goals.