Caterpillar Inc., Boyd Co. LLC, owner of Whayne Supply Co., and Cecil I. Walker Machinery Co. last week announced that Whayne Supply and Walker Machinery have acquired the Bucyrus equipment distribution and support business for their territories from Caterpillar Global Mining LLC. Whayne Supply and Walker Machinery are authorized Cat dealers in Kentucky, southern Indiana, southeastern Ohio and portions of West Virginia. Boyd Co. has established Whayne-Walker Underground Mining as the business unit to meet the distribution and support needs for these new products.
“Caterpillar and its dealers keep customers at the forefront of everything we do and that couldn't be more true for the global mining business today,” said Steve Wunning, Caterpillar group president with responsibility for Resource Industries. “We are very pleased that Whayne Supply and Walker Machinery are going to play an integral role in what we believe is a high-growth industry.”
Monty Boyd, owner and CEO of Boyd Co. LLC, added, “We have been working closely with Caterpillar for several months to make this transition a success. This new business unit will be integrated into our current Whayne and Walker operations. We look forward to providing these new mining products and support in our area.”
Caterpillar has announced similar transactions with other dealers over the past several months. It continues to hold discussions with other Cat dealers that have mining activity in their territories and will continue to operate the former Bucyrus distribution business until the transitions have occurred in a given territory.
Headquartered in Peoria, Ill., Caterpillar Inc. has been making sustainable progress possible and driving positive change on every continent. With 2011 sales and revenues of $60.1 billion, Caterpillar is the world’s leading manufacturer of construction and mining equipment, diesel and natural gas engines, industrial gas turbines and diesel-electric locomotives.