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SRC was established in 1983 when 13 employees of International Harvester purchased a part of that company that rebuilt truck engines, [3] with $100,000 of their own money and $8.9 million in loans, with the goal of saving 119 jobs. [4] By 1988, SRC's debt to equity ratio was down to 1.8 to 1, and the business had a value of $43 million.
The term 'rebuilding' is also often used by railway companies; a steam locomotive may be rebuilt with a new boiler or a diesel locomotive may be rebuilt with a new engine. This saves money (by re-using the frame, and some other components, which still have years of useful life) and allows the incorporation of improved technology.
Crate engines are often seen as an economical choice no matter what the application is. In general automobile engine replacement, a crate engine is often very competitively priced when compared to the cost of a full rebuild of a faulty engine. It is also quicker to ship from stock than to wait an equal time for parts, then to begin a rebuild.
Engine tuning is the adjustment or modification of the internal combustion engine or Engine Control Unit (ECU) to yield optimal performance and increase the engine's power output, economy, or durability. These goals may be mutually exclusive; an engine may be de-tuned with respect to output power in exchange for better economy or longer engine ...
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A motor vehicle service or tune-up is a series of maintenance procedures carried out at a set time interval or after the vehicle has traveled a certain distance. The service intervals are specified by the vehicle manufacturer in a service schedule and some modern cars display the due date for the next service electronically on the instrument panel.