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Panama gives green light to Caterpillar contract

Panama's comptroller-general ratified a contract between Caterpillar Latin America, the Finance Ministry and the Agency for Panama-Pacific Special Economic Area.

Monday, May 26, 2008

©image: Mark Sardella

Under the contract, US-based Caterpillar acquired two building lots in Howard for a total of US$6.75 million. Caterpillar plans to build a laboratory on one of the lots for lubricants for machinery made by its subsidiaries, as well as a training center and a showroom for its construction equipment.

Source: Prensa.com

Key entities

Caterpillar Ministry of Economy and Finance The Panama-Pacifico Special Economic Area Agency Panama Pacifico

Insight

distribution center logistics center call center construction machinery Business and Investment

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about Logistics and Cold Storage

What is a Refrigerated Warehouse?

An industrial facility dedi...(read more)

Cold Chain in Food Storage

It is crucial to control the temperature in a constant way.
The cold chain is the constant temperature control at all stages of a food product, from production to consumption, keeping it in the same temperature range and ensuring, thus, its good condition. It is called "chain" because it is made up of different stages, and if some are compromised, it could result in damage to the quality and safety of the product.

Cases of health damage due to the cold chain breaking up are increasing in developed countries, according to World Health Organization, in up to 30% per year.

Low temperatures not only ensure the organoleptic characteristics of food (texture, flavor, odor, color), but also stop reproduction of microorganisms and delay the loss of food quality. However, we must not forget that the cold does not kill microorganisms or stop the metabolic activity of its components, only slows their growth and food spoilage.