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Caterpillar moves to Beijing

Caterpillar Inc. announced it is moving its Asia Pacific Operations headquarters to Beijing, China. Caterpillar Vice President Rich Lavin, who has administrative responsibility for manufacturing operations in Caterpillar's Asia Pacific Division, will relocate from Tokyo, Japan, to Caterpillar's Beijing offices as part of this decision.

The Caterpillar Board of Directors elected Lavin vice president of operations for the Asia Pacific Division effective July 1, 2004. In this role Lavin serves as chairman of Shin Caterpillar Mitsubishi Ltd. and has administrative responsibility for manufacturing operations in the region, including manufacturing facilities in China, India, Indonesia and Japan. Lavin's move to Beijing is effective immediately. Caterpillar's Asia Pacific Marketing Division headquarters will remain based in Singapore.

In October of 2005, Caterpillar Chairman and CEO Jim Owens outlined Caterpillar's new enterprise strategy and goals for delivering Caterpillar's Vision 2020. As part of that strategy, China was listed as one of seven critical success factors needed for Caterpillar to achieve its new strategy.



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