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Caterpillar Inc. Acquires Fabick Cat Dealership

PR Newswire•02/11/2026•09:00 ET
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Key Highlights

  • ➤Caterpillar acquired Fabick Cat, a dealership serving four Midwestern territories.
  • ➤Fabick operates 37 locations across Missouri, Illinois, Wisconsin and Michigan’s Upper Peninsula.
  • ➤Steve Ferguson appointed Fabick CEO and Dealer Principal after acquisition closing.
  • ➤Caterpillar reported 2025 sales and revenues of $67.6 billion.

Expert Statements

Joe Creed, Chairman and CEO of Caterpillar

“Fabick customers have come to expect outstanding service and support, and completion of this acquisition ensures that commitment will continue.”

Steve Ferguson, Senior Vice President of Caterpillar and CEO and Dealer Principal of Fabick

“Fabick has built deep customer relationships, an experienced team and a strong commitment to the communities it serves.”

Steve Ferguson, Senior Vice President of Caterpillar and CEO and Dealer Principal of Fabick

“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.”

IRVING, Texas, Nov. 2, 2026 /PRNewswire/ -- Caterpillar Inc. (NYSE: CAT) 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.

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