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Article: Caterpillar moves Asia Pacific operations headquarters to Beijing
- Article from:
- Xinhua News Agency
- Article date:
- November 21, 2006
CopyrightCopyright 2006 Xinhua News Agency. Provided by ProQuest LLC. (Hide copyright information)
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Caterpillar moves Asia Pacific operations headquarters to Beijing
BEIJING, Nov. 21 (Xinhua) -- Caterpillar Inc. announced here
Tuesday that it will move its Asia Pacific operations headquarters
from Tokyo to Beijing.
Vice president for the firm's Asia Pacific division Rich Lavin,
who has just relocated from Japan to Beijing, said the move to China
was a clear indication of China's strategic importance to
Caterpillar.
"Operational and sales success in China is a critical success
factor for the company's long-term growth and profitability," he
added.
As part of Caterpillar's Vision 2020 outlined last year, China has
been listed as one of seven critical success factors needed for ...