Caterpillar sells distribution business to Whayne Supply and Walker Machinery

By WEEK Reporter

Caterpillar sells distribution business to Whayne Supply and Walker Machinery

November 1, 2012 Updated Nov 1, 2012 at 10:15 AM CDT

PEORIA, Ill. -- Boyd Company LLC, owner of Whayne Supply Company (Whayne Supply), and Cecil I. Walker Machinery Co. (Walker Machinery) announced Thursday that Whayne Supply and Walker Machinery have acquired from Caterpillar Global Mining LLC the Bucyrus equipment distribution and support business for their territories.

Whayne Supply and Walker Machinery are authorized Cat dealers in Kentucky, southern Indiana, southeastern Ohio and portions of West Virginia. Boyd Company LLC 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."

Caterpillar has announced similar transactions with other dealers over the last several months. Caterpillar says they continue 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.