Beaverton, Oregon, January, 8 2001
CTL announced today that it has expanded a distribution and logistics agreement with online retailer Petclick.com. The expanded agreement includes provisions for increasing the utilization of CTL’s e-commerce fulfillment and logistics services as well as for a joint investment in additional distribution resources and technology.
“We’re pleased to be increasing our level of partnership with Petclick.com.” says CTL’s Corporate Controller, John Stromquist, “By choosing CTL’s e-commerce services, Petclick.com has been able to leverage some of our core competencies which are a domestic and international network of distribution resources, logistics technologies and sophisticated financial transaction capabilities. Our joint investment with Petclick.com will allow both companies to enjoy increased capacity and efficiencies with an expected positive return on investment by Q4 2001.”
Stephen Moll, CTL’s Operations Director says that the expanded agreement strengthens CTL’s strategic commitment to creating synergistic partnerships with leading companies in growing industries.
About CTL Corporation
CTL is a global corporation with offices in North America and Europe. CTL’s various facilities manufacture, market and distribute Chromebox Personal Computers, Chrome book Tablet, Rugged Chromebooks and Monitors. CTL is committed to expanding international and domestic operations by continually evolving to meet the needs of an ever changing market. CTL is headquartered in Beaverton, Oregon.
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