Holt Cat buys Longview mining operation from CaterpillarHolt Cat buys Longview mining operation from Caterpillarhttps://www.recenter.tamu.edu/news/newstalk-texas/?Item=55492013-12-05T12:37:00Z2013-12-05T00:00:00Z

LONGVIEW - San Antonio-based Holt Cat has purchased Caterpillar Inc.’s mining-equipment sales, parts and service operation in the City of Longview.

Holt, the authorized Cat dealer for 118 Texas counties, has supplied equipment to Texas’ lignite mines, and the Longview facility will let it offer a wider array of services and parts, spokesman Howard Hicks says.

Caterpillar now is shedding the company’s sales and service operations, including the one in Longview, and offering them to Cat dealers around the country.

Holt already has a pair of Longview operations: an equipment dealership and engine-rebuild shop that together employ 180 people.

The East Texas acquisition comes on top of $77 million in facilities expansions and upgrades Holt announced this year, much of it to keep up with expanding business in Texas’ shale oil plays.

San Antonio Business Journal
http://www.bizjournals.com/sanantonio/blog/2013/12/holt-cat-buys-east-texas-mining.htmlRead more at {Source}

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