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Tag: Caterpillar dealers: Page 3
Dealers
Cat dealer Ring Power’s director of used heavy equipment sales retires after 44 years
Frank Fowler, senior vice president and director of used heavy equipment sales for Caterpillar dealer Ring Power, has retired. Fowler spent 44 years with the Florida-based dealership, having first started in the parts warehouse at their corporate office in 1972. He has served as a parts counter salesperson, equipment sales administrator, equipment rental manager and […]
January 26, 2017
Dealers
Thompson Machinery adds 3 staff members to Tenn. operations
Thompson Machinery has named Preston Mysinger as rental store manager at its Jackson, Tennessee, location, Erick Rodriguez as inside sales representative (ISR) for its Memphis, Tennessee, facility, and Chad Morgan as equipment sales representative in north central Tennessee. Mysinger has 14 years of sales and operations experience in equipment rental, with various positions held at […]
December 21, 2016
Dealers
Hawthorne Cat names Ramamoorthy director of product support operations
San Diego, California-based dealer Hawthorne Cat has named Chandra Ramamoorthy as director of product support operations, with responsibility over its corporate product support, sales, service and parts. Ramamoorthy has an extensive background with Caterpillar, having most recently served as commercial manager for productivity solutions in the Cat Jobsite Solutions Group. From 2011-2015 he worked as […]
November 24, 2016
Dealers
Caterpillar dealer inventories down from 2015 with more “substantial” reductions coming
Aside from lower oil prices and sagging demand for mining equipment around the globe, sales of Caterpillar heavy equipment have also been negatively impacted by lower dealer inventories. In a statement on dealer inventories accompanying its third quarter earnings—which included reduced expectations for fiscal year 2016 sales—the company says dealer inventories in the third quarter of […]
October 27, 2016
Dealers
Caterpillar, dealers to invest $1 billion to expand footprint, workforce training throughout Africa
Caterpillar has announced plans to expand its footprint and workforce development program in countries throughout Africa through a $1 billion investment over the next five years. In addition to improving the company’s parts distribution capacity across the continent and building new Certified Rebuild Centers, the investment will add new dealer branch locations and expand the […]
September 22, 2016
Dealers
Largest Cat dealer Finning sees 22% decline in 2Q revenues
Vancouver-based Finning International, the world’s largest Caterpillar dealer, recently reported its second quarter 2016 results, with significant reductions in selling, general and administrative expenses and improvements in free cash flow, but a 22-percent drop in revenues from all operations. “The second quarter results demonstrated the benefit of actions taken to improve our operating performance and […]
September 7, 2016
Business
Finning teams up with IronPlanet to sell used Cat equipment globally
Are you not finding the deals you want in your part of the country for good used equipment? Maybe it’s time to look further. Two of the biggest players in the heavy equipment industry inked a deal this week to bring a global presence to the auction market.The largest Caterpillar dealer in the world, Vancouver, […]
August 28, 2015
Dealers
MacAllister Machinery breaks ground on new HQ, a JCB Mudfest and more in the latest Dealer and Manufacturing News Roundup
MacAllister Machinery breaks ground for new headquarters Indiana’s Caterpillar equipment dealer, MacAllister Machinery, celebrated a groundbreaking for its new headquarters on the Southeast side of Indianapolis. The 133-acre tract will house MacAllister’s new 345,000 square-foot headquarters and will allow the company to consolidate its heavy equipment shops, parts warehouse, light equipment sales and service and […]
July 17, 2015
Technology
Caterpillar partners with Modustri to provide immediate parts wear inspection data in the field
The latest in a growing string of tech investments and partnerships for the company, Caterpillar announced today a collaboration that will give its customers access to mobile-based equipment wear management hardware in the field. The world’s largest heavy equipment manufacturer has entered into a strategic alliance with Modustri, the developer of the HDE Product Suite, a […]
June 17, 2015
Dealers
Caterpillar invests in, adds dealer inventory to Yard Club, an online contractor-to-contractor equipment rental service
Most contractors outside of San Francisco have likely never heard of Yard Club. But thanks to an investment from and substantial partnership with Caterpillar, that’s about to change. Caterpillar announced today that it has entered into an agreement that will greatly expand the startup equipment rental service, founded in 2013. Much in the same way […]
May 7, 2015
Dealers
Caterpillar dealers FABCO, Fabick Cat announce plans to merge
Cat dealers FABCO Equipment, out of Milwaukee, Wisconsin, and John Fabick Tractor (Fabick Cat), of Fenton, Missouri, are merging to create “one of the largest and most dynamic Caterpillar dealerships in the nation,” according to an announcement by the two companies. The companies are currently lead by cousins Doug Fabick, Fabick Cat president and COO, […]
February 18, 2015
Business
IronPlanet and Cat Auction Services announce merger
Online equipment marketplace IronPlanet and the Caterpillar dealer channel for used equipment sales, Cat Auction Services, have announced a merger. The two companies promise a “unique auction experience, backed by technology.” The merger looks to be a move by IronPlanet to incorporate onsite auctions into its currently online-only format and caps off a pretty big […]
December 22, 2014
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