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Scientific American, one of the world's most prestigious and popular magazines, recently ranked the Caterpillar Research & Development Center (CRDC) in Wuxi as one of the top 10 most influential R&D centers in China. This year marked the first time the publication ranked Chinese R&D centers.
This recognition is no small feat. China is home to thousands of R&D centers dedicated to various research areas, with representation from 94 percent of the Global Fortune 500 companies. A special global committee – consisting of the publication’s Global Advisory Board, STEM experts, representatives from leading global R&D institutes and Chinese media and trade associations – selected the top 10 from a pool of 100 finalists after six months of evaluation.
CRDC was selected based on its strategy of developing a China R&D ecosystem and integrating R&D centers, proving grounds, suppliers, IT, manufacturing facilities, customers and external resources in China. The publication also recognized the facility’s leadership in innovation and talent development, rapid growth, global collaboration and efficient R&D practices.
Other multinational companies named in the Top 10 included 3M, ABB, GE, Microsoft, Siemens and Dow Chemical. Of the top 10, Caterpillar and 3M’s R&D centers were featured in the March issue of Scientific American's Chinese language version.
In an interview with the magazine, CRDC Director Brian Sun said, "With the support of our global R&D network, Caterpillar quickly built a complete innovation ecosystem in China. This ecosystem has helped us quickly, effectively and sustainably execute and materialize R&D in China and other growth markets.”
Resource Industries Group President Steve Wunning added, "Caterpillar has a long history of leading innovation in the industry. We are honored to be selected as a Top 10 Most Influential R&D center in China.”