A method for remanufacturing of a flywheel is provided. The flywheel has a damage area thereon. The method includes removing a portion of a material from a face of the flywheel containing the damage area to form a recessed portion, wherein the recessed portion has a ring shaped profile. The method also includes aligning an insert within the recessed portion of the flywheel, wherein the insert is ring shaped and is configured to fit within the recessed portion of the flywheel. The method further includes coupling the insert within the recessed portion of the flywheel.