| Caterpillar Announces New Parts Distribution Center in California |
| Written by Caterpillar Inc. | ||||||
| Monday, 07 November 2011 | ||||||
|
Caterpillar Logistics Inc. (Cat Logistics), a wholly owned subsidiary of Caterpillar Inc. (NYSE: CAT), today announced plans to further enhance the industry's best global service parts distribution network with the addition of a new parts distribution center in California. The site is located in the Tejon Ranch Commerce Center at the junction of Interstate 5 and Highway 99 in Central California. With excellent accessibility to major airports and highways, this location will ensure rapid delivery of Cat service parts to dealers and customers. The new 400,000-square-foot facility will employ 100 to 150 people and is scheduled to be operational in late 2012.
The California Distribution Center and the new Spokane, Wash., facility announced earlier this year along with new facilities opened in Waco, Texas, and Clayton, Ohio, in 2009 and 2011 respectively, will represent a significant increase in capacity and capability for Caterpillar's best-in-class service parts distribution network in the United States. "This investment, part of a multiyear expansion and enhancement of the global Cat parts distribution network, demonstrates our deep commitment to Caterpillar customers. We are ensuring that our service parts distribution system serves customer needs better than any competitor, now and in the future," explained Steve Larson, vice president of Caterpillar Inc. and chairman and president of Cat Logistics. Like the Spokane and Clayton facilities, the California facility will utilize Service Parts Management (SPM), a global solution that replaces multiple legacy software systems supporting the Cat parts network. Common systems and processes developed and optimized through previous facility implementations will be leveraged to maximize the efficiency of the start-up and ongoing operations. "We're pleased to welcome Caterpillar to the Tejon Ranch Commerce Center," said Robert A. Stine, president and CEO of Tejon Ranch Co. "Caterpillar is an industry leader, and as such, will be in good company, joining the ranks of other world-class companies, like IKEA and Famous Footwear, who have located major distribution facilities at Tejon." Cat Logistics is also implementing network enhancements in Dubai, United Arab Emirates; Grimbergen, Belgium; Melbourne, Australia; and Shanghai, China, and has additional projects in the planning stage in key growth markets. "Our focus on enhancing service parts distribution globally ensures that no matter where our customers are operating, Caterpillar and Cat dealers are there to provide the support they need to be successful," added Larson. About Caterpillar: For more than 85 years, Caterpillar Inc. has been making sustainable progress possible and driving positive change on every continent. With 2010 sales and revenues of $42.588 billion, Caterpillar is the world's leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives. The company also is a leading services provider through Caterpillar Financial Services, Caterpillar Remanufacturing Services, Caterpillar Logistics and Progress Rail Services. More information is available at: http://www.caterpillar.com. About Cat Logistics: Caterpillar Logistics Inc. provides world-class supply chain solutions and services to its parent company, Caterpillar Inc., and more than 50 other leading corporations throughout the world. Headquartered in Morton, Illinois, Cat Logistics operates more than 108 offices and facilities in 23 countries on six continents. Cat Logistics, through its subsidiary Caterpillar Logistics Services LLC, provides its full service capabilities to companies in market sectors, which include automotive, industrial and aerospace service parts, consumer durables, technology, electronics and manufacturing logistics. More information is available at www.CatLogistics.com. Forward-Looking Statements Certain statements in this press release relate to future events and expectations and are forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. These statements are subject to known and unknown factors that may cause Caterpillar's actual results to be different from those expressed or implied in the forward-looking statements. Words such as "believe," "estimate," "will be," "will," "would," "expect," "anticipate," "plan," "project," "intend," "could," "should" or other similar words or expressions often identify forward-looking statements. All statements other than statements of historical fact are forward-looking statements, including, without limitation, statements regarding our outlook, projections, forecasts or trend descriptions. These statements do not guarantee future performance, and Caterpillar does not undertake to update its forward-looking statements.
Only registered users can write comments!
A Product of IT Mahal Pvt.Ltd.
All rights reserved." |
||||||