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Article: General Motors Europe and Caterpillar Logistics Services Announce Joint Venture.
- Article from:
- PR Newswire Europe
- Article date:
- October 19, 2005
CopyrightCOPYRIGHT 2005 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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ZURICH, Switzerland and PEORIA, Illinois, October 19 /PRNewswire/ --
- Joint Management of Parts and Accessories Distribution Centers in Germany and Italy Will Lead to Higher Performance
General Motors Europe (GME) and Caterpillar Logistics Services, Inc. (Cat Logistics), a wholly owned subsidiary of Caterpillar Inc., have reached a ten-year agreement to form Caterpillar Logistics Supply Chain Services GmbH, a joint venture company.
This project is part of GME's comprehensive restructuring program announced last fall.
Serving as a third party logistics provider, the joint venture will implement Cat Logistics' industry best practices ...