Renewed opportunity with Cat Logistics provides for logistics services to AGCO through 2012.
Peoria, IL– AGCO Corporation and Caterpillar Logistics Services, Inc. (Cat Logistics), a wholly owned subsidiary of Caterpillar Inc., have extended their agreement, with Cat Logistics providing logistics services through a 300,000 ft² (27,870 m²) facility in Desford, UK through 2012.
As part of the renewed relationship with AGCO, Cat Logistics will undertake a major warehouse rearrangement in 2006, allowing for AGCO's projected growth throughout the latter half of this decade. Along with improved space utilization, the redesigned facility will also deliver improved productivities and operational efficiencies.
Cat Logistics has provided logistics support for AGCO aftermarket parts since 1992, through warehousing, packaging, kitting and distribution for the UK, Ireland and international markets.
“The length of the relationship that we have shared with Cat Logistics is in direct correlation to our level of satisfaction with their organization,” said Gary Collar, AGCO Senior Vice President and General Manager for EAME, “As AGCO continues to strengthen our family of brands, we are confident that Cat Logistics will deliver unmatched logistics capabilities in support of our dealers, distributors and customers.”
“We have long valued AGCO as a client. This renewed relationship signifies AGCO's trust that Cat Logistics will continue to provide logistics excellence, allowing AGCO to leverage supply chain efficiencies as a means for competitive differentiation, ” said Dave Hoffman, President of Caterpillar Logistics for EAME.
About Caterpillar Logistics Services, Inc.
Caterpillar Logistics Services, Inc. provides world-class supply chain solutions and services to its parent company, Caterpillar Inc., and more than 60 other leading corporations throughout the world. Headquartered in Morton, Illinois, Caterpillar Logistics operates more than 100 offices and facilities in 25 countries on six continents. Caterpillar Logistics provides its full service capabilities to companies in market sectors, which include automotive service parts, industrial service parts, consumer durables, technology and electronics, manufacturing logistics, and aerospace service parts. More information is available at www.catlogistics.com.
About AGCO Corporation
AGCO Corporation, headquartered in Duluth, Georgia, is a global manufacturer and distributor of agricultural equipment and related replacement parts. AGCO products are distributed in more than 140 countries. AGCO offers a full product line including tractors, combines, hay tools, sprayers, forage, tillage equipment and implements through more than 3,900 independent dealers and distributors around the world. AGCO products are distributed under the various well-known brand names AGCO®, Challenger®, Fendt®, Gleaner®, Hesston®, Massey Ferguson®, New Idea®, RoGator®, Spra-Coupe®, Sunflower®, Terra-Gator®, Valtra®, and White™ Planters. AGCO provides retail financing through AGCO Finance. In 2004, AGCO had net sales of $5.3 billion.
More information is available at www.agcocorp.com.