Holt Cat, thedealer for South, Central, North and East Texas, has acquired the expanded Caterpillar mining equipment distribution and support business, formerly owned by Bucyrus, for its territory. As a result of the acquisition, Holt Cat has created a new Mining Solutions Division to be led by general manager Scott Perlet. The acquisition is part of an $80 million commitment Holt Cat is making in facility upgrades, new buildings and business expansion across Texas.
“Holt has been a highly respected supplier to the Texas mining industry for a long time, and our newly expanded mining product line is a positive move forward,” said J.K. Baxter, Holt Cat senior vice president and general manager, machine division.
Holt Cat, based in San Antonio, sells, rents and services Caterpillar machines,, sets and trucks in a 118-county Texas territory.