Caterpillar Inc. acquires Fabick Cat dealership

Caterpillar Inc. has acquired John Fabick Tractor Company (Fabick), a long-standing Cat® dealer with more than 100 years of trusted service and customer relationships across portions of Missouri, Illinois, the entire state of Wisconsin and the Upper Peninsula of Michigan.

Caterpillar entered into an agreement to acquire Fabick in September. The acquisition reflects a customer-focused decision to support a seamless transition of Fabick ownership while maintaining the strong service and local support customers know and value today.

“Fabick customers have come to expect outstanding service and support, and completion of this acquisition ensures that commitment will continue,” said Caterpillar Chairman and CEO Joe Creed.

Upon closing, Caterpillar Senior Vice President Steve Ferguson has been appointed the new CEO and Dealer Principal of Fabick. Steve joined Caterpillar in 1990 and has held roles in mining, power & energy, finance and operations. He was most recently the senior vice president of the Industrial Power Systems Division.

“Fabick has built deep customer relationships, an experienced team and a strong commitment to the communities it serves,” said Ferguson. “I look forward to building on that momentum as we begin this next chapter—working together to support our customers, create opportunities for our employees and carry Fabick’s proud legacy forward.”