On Oct. 12, Caterpillar Logistics Services, Inc. (Cat Logistics), a wholly owned subsidiary of Caterpillar Inc. (NYSE: CAT), announced the opening of a new logistics center in Suzhou, China.
    The new 9,000-square-meter facility, known as the China Logistics Center (CLC), is located in the Suzhou Industrial Park (SIP). It will provide inbound logistics support for Caterpillar's manufacturing in China and for other Caterpillar manufacturing operations in the Asia-Pacific region. In addition, it will serve as a hub for the movement of goods into and out of China, including bonded and non-bonded warehousing support and distribution and line side replenishment.
    "This new facility has an important role in ensuring the success of Caterpillar's growing presence in China and will enhance supply chain and operational efficiency in our manufacturing operations in the region," said Steve Larson, Caterpillar vice president with responsibility for parts distribution and logistics, chairman and president of Caterpillar Logistics Services, Inc.
    This move is another element of Caterpillar's long-term strategy to increase its capability in China and greater Asia.
    "Caterpillar has a long history in China, and we're committed to continued growth in the region. The China Logistics Center represents an important piece of our overall strategy in China," said Jiming Zhu, Caterpillar vice president with responsibility for the China Division.
    Cat Logistics, headquartered in Morton, Ill., operates more than 108 offices and facilities in 23 countries on six continents. In addition to supporting the operations of its parent, Cat Logistics provides services to companies in a variety of market sectors.

Source: JOC