Cat Consolidation: Carter Machinery Acquires Alban Tractor

There has been another consolidation of Caterpillar dealers with the announcement that Carter Machinery, Salem, Va., is acquiring the assets of Alban Tractor Co., Baltimore, Md. In a deal effective February 4, 2020, Carter Machinery became the Cat dealer in an expanded service territory that will now include Northern Virginia; Washington D.C.; Maryland; and Delaware.

Carter Machinery Co. was founded in 1952 and has covered the Commonwealth of Virginia and southern West Virginia. In 1982, the Eastern Virginia territory, served by Virginia Tractor Co., was acquired and combined under Carter Machinery, adding four stores: Chesapeake, Fishersville, Norfolk and Richmond, Va.

Carter was actually owned by Caterpillar Inc. for a period of time, before a buyout in 2011. At that time, Jim Parker, a former Caterpillar executive, led-the management buyout of Carter. Parker’s son Drew is now Carter CEO.

Related Articles

Speakers Announced For OHR Global Webinar
Training Academy On Heat Exchange
Weichai, Bosch Claim Efficiency Breakthrough
Iveco’s S-Way Truck One Year Later
Middle East Energy 2021 – Rescheduled to June
Update: Navistar Rejects Traton’s New Bid
ZF Expands Commercial Vehicle Test Track
CV Markets “Surprisingly Strong,” Says ACT

Latest News

New Particle Number Analyzer From Sensors
Weichai Westport Secures Chinese Certification
Speakers Announced For OHR Global Webinar
Training Academy On Heat Exchange
New President At Blachford Acoustics Group NA
Cat G3412 Natural Gas Gen-Set
McColl Named CEO Of Continental Hydraulics
Gotting New CEO At Wandfluh Of America
Atlas Copco’s ZenergiZe Energy Storage Systems

Magazine Issue Archive

Diesel Progress – September 2020
Diesel Progress – August 2020
Diesel Progress International July-August 2020
Diesel Progress – July 2020
Diesel Progress – June 2020
Diesel Progress International May-June 2020
Diesel Progress – May 2020
Diesel Progress – April 2020
Diesel Progress International March-April 2020
Diesel Progress – March 2020

Login

Forgotten Password?

Haven’t got an account? Click here to register.